Sentences with phrase «while tight inventory»

While tight inventories are still expected to put upward pressure on prices in most areas this year, Yun expects overall price growth to shrink, with some states even experiencing a decline, because of the negative effect the changes to the mortgage interest deduction and state and local deductions under the new tax law.

Not exact matches

«Inventory is tighter than ever, while strong demand keeps driving up home prices.

«While housing inventory is still tight, we expect the increased construction of new homes to help reduce the pressure on house price appreciation, which is currently at an annual rate of around 7 percent,» Freddie Mac reported.

If demand continues to grow while inventory remains tight, we could see home prices rise even further next year.

Now present are the hours of me plucking the items catching my eye at the markets (while adhering to a newer, tighter budget), and staring each day at my given inventory for inspiration.

What's odd is that, while inventory is still pretty tight, prices are actually coming down a little bit.

Our Chamber of Commerce does a great job of marketing, so while inventory is tight, and some prices are rising dramatically, our view from mid-year is encouraging.

While skyrocketing prices have been a concern with tight inventory, REALTORS ® can breathe a small sigh of relief, as growing home prices seem to be slowing down, if only slightly, for the foreseeable future.

While owning a home continues to remain an aspiration for many, the financial realities of cost and tight inventory make renting the more practical option.

Housing inventory is tight in Seattle, while demand continues to grow from population growth.

«While the tight supply in the market continues to favour sellers we are pleased to see more inventory coming online; the steady rate of sales continues to reinforce that Kitchener - Waterloo and area remains an attractive place to invest in homeownership.»

Builders are working hard to expand our new home market and while inventory on existing homes remains tight, available homes are providing tremendous value to buyers.

Citing NAR's monthly Realtors ® Confidence Index, which has decreased this year while consumer confidence has risen, Yun said Realtors ® are generally optimistic, but certain factors such as inventory shortages in parts of the country and tight lending standards may be playing a role in their recent dip in confidence.

While rising rents and lack of inventory might nudge renters into buying a home, National Association of Realtors ® Chief Economist Lawrence Yun points out that tight credit standards, student debt, and the growth of multigenerational households are contributing to the lowest number of first - time home buyers in decades (as shown in the 2014 NAR Profile of Home Buyers and Sellers).

While sales of distressed properties — foreclosures and short sales — have shrunk since the first of the year, a surge in sales of «normal» non-distressed properties has pushed total home sales through June 4.5 percent higher than last year even though buyers face tight credit and low inventories.

Tight supply of inventory: While absolute inventories increased as the year progressed, supply did not outpace demand.

While inventory and days on market was up virtually across the board, several markets reported tighter conditions in the lower end of the market, where demand and buyer activity remains healthy, it says.

While higher housing values and tight inventory levels have hampered home - buying activity so far this year, longer amortization periods and alternative housing types have...

Sales rose most in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million pace from the prior month At the current pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months in May; less than a five months» supply is a tight market, the Realtors group has said Properties were on the market for 34 days in June, the same as year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun said.

While more homes were listed in May, it continues to be a seller's market in Waterloo region and across the Greater Golden Horseshoe (GGH) as inventories remain tight at near or less than one month of inventory.

While limited inventory, tight credit and down - payment requirements make it hard for many millennials to achieve the American Dream, soaring rents and the likelihood the Federal Reserve will increase interest rates later this year may drive more of them to explore buying, said Stan Humphries, chief economist at Seattle - based Zillow Group.

While members cited difficulty in obtaining a mortgage as the biggest closing challenge faced by their clients in 2011 and 2012, members said difficulty in finding the right property was their No. 1 challenge in 2013, likely due to tight inventory.

«While new home inventory rose slightly in June, it remains tight as builders face lot and labor shortages and increases in building material costs.»