Sentences with phrase «low number of homes for sale»

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 lFor 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 lfor 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.
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