2017 ended with some high home prices, as well as a record low inventory. This may be forcing some potential buyers to reconsider, and keep others out of the market entirely.
Read More »Low Inventory Might Slow the Pace of Home Sales
Pending home sales inched up 0.5 percent during the year according to the Pending Home Sales Index released by the National Association of Realtors (NAR) on Wednesday. The ...
Read More »Study Says: Inventory Decline Resulted in Fewer Offers
Fewer listings and therefore fewer offers marked the end of 2017 for the housing market according to data on housing demand from online real estate brokers, Redfin that ...
Read More »Inventory and Affordability Issues Soften Existing Home Sales Growth
Existing home sales slipped 3.6 percent to 5.57 million in December from a downwardly revised 5.78 million in November 2017, according to the monthly existing home sales report ...
Read More »Homeowners Might Not be Ready to Sell Just Yet
Low inventory is expected to be the biggest market driver in 2018 as price growth remains strong and homeowners refrain from selling.
Read More »Real Estate Said Goodbye to 2017 With Record Prices
Record home prices, quick sales and low inventory marked a good year for the housing market even though it ended with a slight drop in sales according to a report.
Read More »Northwest’s on a Roll in a Booming Housing Market
The overall housing market in the U.S. is showing an upward trend for 2018, with maximum home appreciation forecasted in the Northwestern region of the country. The Northeastern region on the other hand is expected to perform well below expectations.
Read More »Nine Chicago Area Neighborhoods “Have It All”
Affordable homes for sale, highly rated schools, an easy commute, and plenty of inventory. An analysis shows that only 25 areas across 80 U.S. metros check all these boxes for a homebuyer’s dream neighborhood.
Read More »Go West for the Nation’s Hottest Housing Markets
Areas on the West Coast, including San Francisco, Seattle, and San Jose, were among the hottest markets in 2017, with high sale prices and low housing inventory.
Read More »Builder Confidence Swells on Positive Outlook for 2018
Builders are confident about the housing market’s expansion in 2018 on the back of rising demand for housing and tight supply of existing home inventory.
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