Sentences with phrase «inventory crunch»
The phrase "inventory crunch" means a shortage or limited availability of goods or products in a company's inventory. Full definition
The housing inventory crunch in these markets has also boosted home prices.
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The housing inventory crunch in these markets has also boosted home prices.
«A «perfect storm» of market conditions is compounding an ongoing inventory crunch,» said Larry Foster, president of Long & Foster Real Estate.
Confidence in seller traffic in the months ahead rose significantly in May, suggesting practitioners see inventory crunches easing over the next six months.
The housing market has seen brisk sales through the third quarter of this year, but there are signs that severe inventory crunches from earlier this year are slowly beginning to ease as rising prices give more sellers the incentive to test the market.
«A «perfect storm» of market conditions is compounding an ongoing inventory crunch,» Larry Foster, president of Long & Foster Real Estate, told CNBC.
But the inventory crunch of the last couple of years seems to be easing.
«We're going to be fine in terms of market share, but I think the overall industry for the first time is seeing sales volume really limited by the inventory crunch,» Kelman said.
It's freaking us out... I think the overall industry for the first time is seeing sales volume really limited by the inventory crunch.»
However, a lot of the inventory crunch comes from homeowners - turned - landlords who are renting out their starter homes.
There could be some good news to report soon on the inventory crunch.
Inventories are low and demand for homes is high in markets across the U.S. First - time home buyers are especially feeling the inventory crunch as they lose out in bidding wars or simply can't afford what's for sale in their area.
«We don't expect this inventory crunch to ease meaningfully in 2018, meaning buyers will be facing many of the same struggles this year.»
«While the inventory crunch continues, I'm cautiously optimistic that 2018 will be a year for inventory rebound,» McLaughlin says.
NAR predicts sales to be down slightly this year because of the inventory crunch and also the impact of the hurricanes, although many of the sales lost due to the storms... are expected to happen next year.
But, economists say, improved home prices will likely convince more sellers to sell this year, and that should relieve the inventory crunch in many markets.
The Race for Marketshare While a concern in many markets last year, this year, the inventory crunch is being felt across the U.S., not just in major metro areas or hot spots like Southern California and the Pacific Northwest.
If we are able to ease the inventory crunch, it could turn out even stronger.
While a concern in many markets last year, this year, the inventory crunch is being felt across the U.S., not just in major metro areas or hot spots like Southern California and the Pacific Northwest.
«Homeowners are already staying in their homes at an all - time high before selling, and any situation where they remain put even longer only exacerbates the nation's inventory crunch,» says Yun.
The jump may also foreshadow a lessening of the inventory crunch of homes for sale that's fueled rapid home price gains in many markets.
Carpenter went on to explain that the market has slowed a bit, due to the inventory crunch.
«Homeowners are already staying in their homes at an all - time high before selling, and any situation where they remain put even longer only exacerbates the nation's inventory crunch,» Yun says.
«We're going to be fine in terms of market share but I think the overall industry for the first time is seeing sales volume really limited by the inventory crunch.»
Buyer readiness hasn't brought on an inventory crunch, however.
The inventory crunch that defined the post-recession stretch has not only let up, but it's also swung in the...