A lack of housing inventory has held back the Chicago - area real estate market, but Smoke told agents at a meeting in Chicago last week that they can make a difference in the housing market if they encourage people to put their homes up for sale.
The lack of housing inventory is another contributing factor.
However, there is one thing that may cause the industry to tap the brakes:
a lack of housing inventory.
The lack of housing inventory available is to blame for the small increase seen in March.
«The crowd has spoken, and it seems in many markets home buyers and sellers alike are «imprisoned» by
the lack of housing inventory.»
The number of new listings is decreasing, likely due to
a lack of housing inventory.
Not exact matches
The next
housing crisis is here... and this time the crisis is primarily about one thing:
lack of inventory!
This obvious
lack of inventory certainly had an impact on
housing prices.
Real estate agents are still fretting about a
lack of quality
inventory in some parts
of the
housing market, and the shortage continues to drive up prices.
A stable market typically has six months
of inventory, so the
lack of houses and condos for sale is creating some interesting appraisal scenarios, depending on the neighborhood, and even the block.
The
housing demand and
lack of inventory is so great, that if supply does not increase, we could see a upwards
of 5 percent growth in median home prices within the Austin - Round Rock MSA.
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.»
In this video, NAR Chief Economist Lawrence Yun talks about demand for homes, the ratio between income and home prices, reasons for the
lack of inventory, and gives his forecast for the 2018
housing market.
«We fully support Chairman Bernanke's comments that the
lack of available and affordable mortgage financing, low home values and high foreclosure
inventories are inhibiting a meaningful
housing market recovery.
Single - family
housing affordability:
Lack of inventory, higher rents and home prices, difficulty saving for a down payment and investors weighing on supply levels by scooping up single - family homes have all lead to many markets experiencing decaying affordability conditions.
brokers listed recruiting more agents as the top answer, followed by new business models, uncertain economy, keeping up with technology,
lack of inventory and
housing legislation issues.
Real estate agents are still fretting about a
lack of quality
inventory in some parts
of the
housing market, and the shortage continues to drive up prices.That's good for the seller, but what happens when it comes time to have that property appraised?
Lack of inventory with high demand and record low interest rates has helped to raise
house values.
«Several
of my first - time and move - up buyers have quit or paused their home search due to
lack of acceptable
inventory,» said Meek, who is about to put his own north Phoenix
house on the market for $ 250,000 to move a bigger one farther north for his growing family.
The governments
of BC and Ontario were looking for a scapegoat to blame for the falling
inventory (
lack of supply) and the increased demand for
housing in their two major centres in Vancouver and Toronto.
Lack of credit for home buyers and builders, reduced
inventory, weak job growth and policy uncertainty continue to be headline threats for
housing.