Unfortunately,
the low number of homes for sale and stringent lending standards prevented a normal number of first time home buyers from closing on their first home in 2014.»
«The remarkably
low number of homes for sale can be blamed for the drop in sales,» he emphasized, adding, «The uptick in interest rates at the end of last year has clearly done nothing to slow things down.»
That means competition may heat up for the record
low number of homes for sale.
A low number of homes for sale is pushing home prices up to double - digit gains year - over-year, the National Association of REALTORS ® reports.
Matthew Gardner, Chief Economist at Windermere Real Estate, covering Seattle, says, «Our strong wage growth is still supporting rising home prices, which when combined with the historically
low number of homes for sale in Seattle, gives home flippers substantial returns on their investments.
Not exact matches
The
number of homes for sale did increase slightly in February, which always happens as the busy spring market approaches, but supply is still down more than 8 percent from a year ago; supply is up on the high end and far
lower on the
low end
of the market.
The
number of homes listed
for sale, which stood at an 11 - year
low at the end
of last year, fell even further in January, according to a report released Thursday.
The
number of New Zealand
home sales has fallen as buyers looking
for lower - end properties are affected by restrictions on
low - equity lending.
The
number of for -
sale homes has risen 4.5 % over the past year to 2.31 million in August, but the level is still
low by historical standards.
Earlier this month, the Denver Metro Association
of Realtors (DMAR) reported that the
number of homes for sale in Denver is still near a record
low, despite a slight increase in recent months.
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.»
There are a
number of reasons why inventory is
low, including a lack
of new construction relative to historic levels, Americans moving less and would - be sellers reluctant to list their
homes for sale for fear
of not being able to find another
home to buy and move into once they do.
Number of Homes
For Sale &
Low Interest Rates Make This a Great Time to Move Up To a Las Vegas Luxury
Home
The
number of homes for sale continues to remain at record
lows with the nationwide inventory
of for -
sale single - family
homes, condos, townhomes, and co-ops is about 19 percent below inventory levels from a year ago, Realtor.com reports in its analysis
of July housing data
of 146 markets.
«Existing inventory has decreased every month on an annual basis
for 29 consecutive months, and the
number of homes for sale at the end
of October was the
lowest for the month since 1999,» Yun says.
In any case, the
number of homes for -
sale could continue to be
low and contribute to slower
home sales, housing analysts note.
The
home -
sales market is poised
for a winter
of high, if not record,
numbers, analysts say, pointing to these late - fall conditions: Both existing -
home sales and new -
home sales figures are up and staying up; consumer confidence is high; joblessness is
low; and salaries are growing.
Ft.: $ 99.34 / sf ($ 91.14 / sf in 2009) Median Sold Price: $ 293,900 ($ 290,000 in 2009)
Number of Sales: 11 (13 in 2009) Average Days On Market: 125 (147 Days in 2009)
Low To High: $ 247,000 to $ 356,900
Number of Sold REO / Foreclosures Noted In MLS: 2
For $ 263K and $ 275K Current # Listings: 7, 1 Foreclosure, 1 Short
Sale Current Listings Prices: $ 204,900 To $ 325,000, $ 85 / sf to Continue reading
Home Appraisers In Prairieville La 70769: Manchac Place Subdivision
Home Price Trends in 2010 →
Their commitment to not walk away from their mortgage debt has had the perverse effect
of lowering the
number of homes that go up
for sale.
The
number of homes for sale remains at record
lows, and the growth in pending
sales tells us that sellers are still firmly in the driver's seat,» said OB Jacobi, president
of Windermere Real Estate.
Orlando's housing market is riding its traditional summertime wave
of home sales — fueled in part by both
low interest rates and more inventory — and posted positive
numbers for the month
of May.
Louis and Ryan discuss the implications
of the U.S. and China relationship; Louis discusses the inflationary implications
of QE2; Jim McCowan indicates that now is a good time to get a mortgage and discusses the state
of the Arlington VA real estate market; Louis discusses the 1st quarter 2011 HomeGain
home prices survey and the Virginia results; Jim and Louis discuss the rent to buy ratio; Louis discusses the advantages
of getting a
low interest rate mortgage prior to the rise in inflation and interest rates; Ryan and Louis discuss the employment
numbers and the potential
for recovery; Jim notes that only a small percentage
of homes in Arlington are short
sales; Jim explains how Arlington short
sales get priced and buyer's misconceptions that they can offer less than the list price; Louis contrasts the Arlington
home pricing experience vs. the national experience based on the HomeGain
home values survey.
The
number of homes available
for sale is still at historic
lows creating a great opportunity
for sellers to obtain the most money
for their properties.
For most of the last year in Bend, Oregon the real estate market has favored sellers because the number of homes for sale has been so l
For most
of the last year in Bend, Oregon the real estate market has favored sellers because the
number of homes for sale has been so l
for sale has been so
low.
The
number of completed
homes for sale ready
for immediate move - in remains at a record
low of 38,000 as builders remain cautious about building ahead
of the market and as credit access remains tight.
The
number of Ledyard residential
homes offered
for sale remains
low.
The
number of completed new
homes for sale remains at the
lowest level (36,000) ever recorded in the 40 years
of data.
The
number of Ledyard residential
homes offered
for sale remains
low but quite similar to a year ago We've had our share
of frigid and snowy weather which also tends to deter
home sellers and buyers.
The
number of Ledyard residential
homes offered
for sale remains very
low but quite similar to a year ago The frigid and snowy weather also tends to deter
home sellers and buyers.
Out
of the nation's 300 largest metros, realtor.com ®'s research team found that the following places saw the
lowest number of days on the market
for its
homes for sale: (Note: realtor.com ® limited its ranking to one metro per state
for geographic diversity.)
«Meanwhile, despite a small increase in the inventory
of new
homes on the market in September, the
number of completed new
homes for sale is now at an all - time
low and the month's supply is at its tightest since October 2005.
While the
number of homes for sale should rise with the onset
of the spring selling season, housing inventory is expected to remain
low, pushing prices higher.
Average sold price
for condominiums during January 2018 was $ 496,000, which was up 14 percent as compared with January last year (also because
of too much buyer demand as compared with
low number of condo
homes for sale).
Increasing
numbers of foreclosures and the economy's failure to produce jobs will likely exert downward pressure on
home prices and
home sales for some time to come, despite record
low mortgage rates.
Irvine's moderate
number of homes for sale, continued solid buyer demand,
low mortgage interest rates, and multiple offers will be the norm.
Such
low number of Irvine
homes now
for sale will be insufficient to satisfy market buyer demand during the next 60 days.
This
number of sold Irvine
homes is modest during this time only because
of extremely
low number of homes listed
for sale.
Irvine's moderate
number of homes for sale, continued solid buyer demand,
low mortgage interest rates, and... Continue reading →
Potential new
home buyers struggled in this competitive market characterized by
low for -
sale inventories, large
numbers of all - cash offers, and rapidly increasing prices which made buying a
home less affordable and drove potential buyers to the single - family rental market.
The
number of homes for sale is at its
lowest level since 1999, according to the National Association
of REALTORS ®.
The
number of homes for sale is at the
lowest point in more than 10 years, but with buyer demand still high, many markets are seeing bidding wars.
The
number of homes for sale in July was just 1.3 percent
lower than the inventory in June, while still 20.7 percent below the inventory in July 2012.
As a buyer, there are a
number of reasons
for looking into
for sale by owner (FSBO)
homes, potentially including a
lower price and the ability to speak directly with the seller about the
home and the neighborhood.