Last spring, there was a shortage of
homes in that price range because a lot of investors were purchasing them.
Not exact matches
«The ongoing rise
in home prices is straining the budgets of some of these would - be buyers, and what is available for sale is moving off the market quickly
because supply remains minimal
in the lower - and mid-price
ranges.»
Because new
home prices have adjusted to the current market conditions, there are a wider variety of choices for buyers
in all
price ranges.
«Our current forecast is for the median existing
home price to rise 4.5 to 5 percent this year and about 5 percent
in 2013, which is somewhat stronger than historic norms
because of the inventory shortfall that is most pronounced
in the low
price ranges,» Yun says.
Competition: It's important
because «you'll need to know how many
homes in your
price range are on the market,» says Texas real estate agent Sissy Lappin, co-founder of ListingDoor.com.
«Either low inventory numbers for
homes for sale will restrict sales
because buyers can't find houses
in their
price range or Millennials, the driving force behind our market, will be able to and decide to buy,» said Tom Ruff, housing analyst with The Information Market, owned by the Arizona Regional Multiple Listing Service.
It's possibly just the right size, the right location, the right finishes, the right condition, but not the right
price, so they won't see it, as it never comes up
in their
home searches
because it's not within their
price range.
The reason that this step should be done before the
home search begins is
because it allows buyers to look only at
homes in their
price range.
For example, the buyer's
home may be more likely to sell than the seller's
because it is
in a lower
price range or a highly desirable location.
The average list
price for all of Orange County remained at $ 1.6 million, which is high and
because of mix of
homes in the luxury
ranges that stay on the market longer as compared with the lower end.
And,
because unlike other green
home developments
in many major regions, these Tacoma green
homes are affordable,
priced at a down - to - earth
range.