Sentences with phrase «low inventories of homes for sale»

Price gains partly driven by tight supply and low inventories of homes for sale.

Low inventories of homes for sale in many markets have been blamed...

Low inventories of homes for sale combined with rising rents and home prices present a hurdle for many would - be buyers to save for a down payment and purchase a home.

Low inventories of homes for sale in many markets have been blamed for cooling the summer months more than expected.

Price gains partly driven by tight supply and low inventories of homes for sale.

Two factors supporting price increases are the low inventory of homes for sale and the low vacancy rate among owner - occupied housing.

«Over the last year, analysts suggested that one factor pushing prices higher was the unusually low inventory of homes for sale.

This is especially true in markets with a low inventory of homes for sale.

Lawrence Yun talks about May pending sales, low inventory of homes for sale, short market times, rise in prices, and the lack of affordable homes.

In this video, NAR Chief Economist Lawrence Yun talks about May pending home sales, low inventory of homes for sale, short market times, rise in prices, and the lack of affordable homes.

There continues to be a very low inventory of homes for sale, condos and single family homes and mu...

South Point Subdivision Denham Springs Post Flood Home Sales Update as of May 26 2017 South Point is being helped tremendously by the Greater Baton Rouge area's low inventory of homes for sale.

Obstacles to homeownership among Latinos include a low inventory of homes for sale, and high rent prices that make it tough to save enough money for a down payment.

With low inventory of homes for sale it becomes far more common for multiple offers on properties to occur.

«Low mortgage rates and economic growth set against a low inventory of homes for sale will drive a strong sellers» market and further rising prices this spring,» Fleming said.

Due to the ultra low inventory of homes for sale in Baton Rouge, Village St George sales prices continue to move upward selling for as high as $ 196,500.

The continued chronic low inventory of homes for sale has only increased the competition for Ballard homes, pushing prices upward.

The gain reflected «unusually low inventory of homes for sale.»

At the current rate, it would take 6.1 months to turn over the supply of existing homes currently on the market — and just 5.6 months to turn over the stock of new homes for sale — the lowest inventory of homes for sale since 2006.

Due to the low inventory of homes for sale in Weymouth, homes are closing fast, and the competition for new homes is fierce.

There continues to be a very low inventory of homes for sale, condos and single family homes and multiple - unit residential properties.

«A lower inventory of homes for sale means that reasonably priced homes in solid condition are more likely to get an offer.

Not exact matches

While overall low inventory has led to competition in some markets — about a quarter of 2017 home sales yielded sales prices higher than the asking price, according to Zillow — it's a different story for some sellers.

The overall inventory of new and existing homes for sale hit its lowest level on record in the fourth quarter of 2017, at 1.48 million, according to the National Association of Realtors.

In the past year or so, our inventory of available homes for sale was dangerously lower then that equation.

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CoreLogic's chief economist, Frank Nothaft, said, «Growing numbers of first - time homebuyers find limited for - sale inventory for lower - priced homes, leading to both higher rates of price growth for starter homes and further erosion of affordability.»

The inventory of homes for sale rose in February after dropping to a 12 - year low in the previous month.

There are a number of reasons why inventory is low, including a lack of new construction relative to historic levels, Americans moving less and would - be sellers reluctant to list their homes for sale for fear of not being able to find another home to buy and move into once they do.

[break] The anemic inventory of for sale homes in King County points to a sellers market as high demand and low supply are pushing up prices in some sought after metro areas.

The number of homes for sale continues to remain at record lows with the nationwide inventory of for - sale single - family homes, condos, townhomes, and co-ops is about 19 percent below inventory levels from a year ago, Realtor.com reports in its analysis of July housing data of 146 markets.

When you combine the tax credit with today's low interest rates, wide selection of for - sale inventory, and affordable home prices, many of the pieces are in place for your customers to buy now.

Low inventories of homes for - sale are becoming troubling to home buyers, Inman News reports.

In January, the nation saw the lowest inventory of homes available for sale ever at realtor.com ®.

«While sales of existing single - family homes passed 5 million units at annual rates in January, the highest since 2007, the inventory of homes for sales remains quite low with a 3.6 month supply.

With the housing market on the verge of the spring home - buying season, this is good news in an environment where historically low mortgage rates will help offset the pace of house price growth and lack of for - sale inventory in many markets.»

Total housing inventory at the end of June dipped 0.9 percent to 2.12 million existing homes available for sale, and is now 5.8 percent lower than a year ago (2.25 million).

Total housing inventory at the end of September rose 1.5 percent to 2.04 million existing homes available for sale, but is still 6.8 percent lower than a year ago (2.19 million) and has now fallen year - over-year for 16 straight months.

Jobs are growing and interest rates remain low, but tight inventory in many parts of the country continues to drive home prices up, hurting affordability, especially for first - time buyers, who can't tap home sale proceeds to come up with a down payment.

WASHINGTON (January 23, 2015)-- Despite low inventory conditions, existing - home sales bounced back in December and climbed above an annual pace of 5 million sales for the sixth time in seven months, according to the National Association of Realtors ®.

«Rental rates and home prices are climbing, the rent - to - buy ratio remains stable, the average rate on a 30 - year mortgage is still under 4 percent, and at a 3.8 - month supply, the inventory of homes for sale is still low.

«Existing inventory has decreased every month on an annual basis for 29 consecutive months, and the number of homes for sale at the end of October was the lowest for the month since 1999,» Yun says.

«Despite continuing challenges of low for - sale housing inventories and contractor labor availability, 2018 could post the strongest gains for home remodeling in more than a decade,» said Abbe will, research associate in the Remodeling Futures Program at the Joint Center for Housing Studies, in the statement.

«Low inventory of homes available for sale and a growing economy has led to steadily rising home values as indicated by the strong annual increase of the HVI index,» Banfield says.

3 Total housing inventory at the end of May was at 2.15 million existing homes available for sale, which was 5.7 percent lower than a year ago (2.28 million).

The inventory of homes for - sale is near a six - year low.

Existing - home sales for July 2016 fell 3.2 % as low inventory in many parts of the country continued to affect buyer choices and made prices rise.

Slowed by low inventory levels in many parts of the country, July existing - home sales decreased year - over-year for the first time since November 2015.

Continuing tight underwriting by lenders, low inventories in many markets, and rising interest rates are holding back growth in sales volume, said Yun, leading him to predict home sales of about 5.12 million for 2014, virtually the same level forecast for 2013.

Total housing inventory at the end of July declined 1.0 percent to 1.92 million existing homes available for sale, and is now 9.0 percent lower than a year ago (2.11 million) and has fallen year - over-year for 26 consecutive months.