Sentences with phrase «limited inventory of homes for sale»
Many people trying to sell homes find that an increase in home prices, combined with a limited inventory of homes for sale in parts of the country, have tilted the market in their favor.
https://www.washingtonpost.com/
Currently, in the metro Chicago real estate market and across much of northern Illinois, the seller - buyer confronts an active market with rising prices and strong demand but a relatively limited inventory of homes for sale.
This is the result of strong demand from buyers and a limited inventory of homes for sale.
With limited inventory of homes for sale, buyers will continue to face competition when bidding on homes — even for million - dollar homes.
There are a number of factors playing into this: The limited inventory of homes for sale feeds price gains.
Not exact matches
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.»
«Sellers continue to benefit from limited inventory, getting top dollar for their homes, and, as a result, overall sales are at a record high,» says Adam Contos, co-CEO of RE / MAX, «but buyers shouldn't be discouraged.
«Constrained inventory will continue to limit the recovery of the housing market, and it doesn't seem likely that we're going to see a surge in the number of homes for sale as the spring home buying season approaches,» Ten - X Executive Vice President Rick Sharga said about the forecast.
Increased competition for the limited inventory of non-distressed property listings helped push the average home sales - to - listing price ratio to 95.6 percent in June, the highest in three years, according to the Campbell / Inside Mortgage Finance HousingPulse Tracking Survey.
The net result of rising demand and limited for - sale inventory is a continued appreciation in home prices.»
«Constrained inventory will continue to limit the recovery of the housing market, and it doesn't seem likely that we're going to see a surge in the number of homes for sale as the spring home buying season approaches,» Ten - X Executive Vice President Rick Sharga said.
(MCT)-- It may still be hard to find the home of your dreams with the limited inventory for sale.