Sentences with phrase «more inventory of homes for sale»

This is good news for investors as it should provide more inventory of homes for sale thereby reducing competition.

Not exact matches

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Low inventories of homes for sale in many markets have been blamed for cooling the summer months more than expected.
Whether it is showing my Buyers dozens of homes, writing letters on their behalf and door knocking in a desired neighborhood to identify potential homes not yet on the market, or putting my staging inventory to work to prep Sellers» homes for a faster and more valuable sale, I go above and beyond for my clients — and enjoy doing so.
The white paper, The U.S. Housing Market: Current Conditions and Policy Considerations, calls for increased lending to creditworthy home buyers and more loan modifications, mortgage refinancings, and short sales to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry; an approach long recommended by NAR to help spur the housing market recovery.
WASHINGTON (July 22, 2014)-- Existing - home sales increased in June and reached an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors ®.
The drop in permit data was driven by a decline in multi-family permits, while single - family permits — which more directly affect the inventory of homes for sale — were up from a year ago.
«Despite continuing challenges of low for - sale housing inventories and contractor labor availability, 2018 could post the strongest gains for home remodeling in more than a decade,» said Abbe will, research associate in the Remodeling Futures Program at the Joint Center for Housing Studies, in the statement.
Existing - home sales increased in June and reached an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market.
«More markets than ever are struggling with inventory problems; in 80 percent of markets, there are fewer homes for sale currently than this time last year.
«Although it will certainly take more time for the full effects of elevated interest rates to be felt, there is no evidence of a normalization in the unusually low inventories of homes available for sale, which has been the primary force behind the extraordinary price gains.»
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.
Unless we have another tech boom or foreign buyer boom, San Francisco home prices will likely fall a lot more in 2018 than in 2017 as the unsold inventory of homes for sale builds up and price expectations fall.
Meanwhile, the inventory of homes for sale is increasing more steadily — but still not as fast as the pent - up demand from buyers.
With low inventory of homes for sale it becomes far more common for multiple offers on properties to occur.
Hale said local price growth should continue so long as the inventory of houses on the market stays low, but as more home go up for sale, growth could slow.
What's more, the for - sale inventory of existing homes will rise as more home owners see equity again and show more willingness to sell.
A drop in the inventory of for - sale homes around the country is prompting more competition among home buyers.
Mary Kay Irving: Sellers actually have a little bit of an advantage in this market currently because we have such a low inventory with the economic downturn, people had been holding off on selling and so right now because of the low interest rates we have a lot of buyers but not enough inventory, not enough property for them, so it's a great time for sellers and my recommendations for them would also be to hire an agent but to make sure that they get a pre-listing inspection done and so that they are not caught by any surprises of work that needs to be done and that the buyers will be asking them to do and also that they make sure, if they've got, money is available to look into getting a consultation from a stager, a professional stager, at the very least they need to be making sure everything is de-cluttered and arranged properly, so sellers who do hire a professional stager actually sell their homes much more quickly and for a higher price, for higher final sale price, so it's in their best interest to actually hire a stager.
Additionally, tight credit and low for - sale inventory in many areas make buying a home today difficult for many, even as demand for the luxuries offered by a single - family residence — more space, (even a sense of) more security, a yard and access to good, suburban schools — remains robust.
«A lower inventory of homes for sale means that reasonably priced homes in solid condition are more likely to get an offer.
Ryan mentions that Facebook founder Mark Zuckerberg may have purchased a home in California; Ryan reviews the economic events of the prior week; Ryan notes that interest rate are still heading down; Ryan notes that the DC real estate market is competitive on the buy and rent sides and that would be renters in the DC area are turning into would be buyers; Louis notes that the DC housing dynamic is different from the rest of the country where housing prices are down and there is plenty of inventory; Louis notes that if it is cheaper to buy than rent that it makes sense to get a long term low interest rate loan; Louis talks about the benefits of visiting HomeGain.com; Louis discusses the HomeGain FSBO vs. Realtor survey and the advantages of hiring a REALTOR; Louis and Ryan discuss the HomeGain home improvement survey and recount the types of home improvements that provide the best return on investment; Ryan and Louis talk about pricing strategies for selling a home; Louis and Ryan discuss the differences between pricing a short sale and pricing a non short sale home; Louis notes pricing a home too high may keep the home on the market a long time and that the more days a home is on the market makes a home look like damaged good; Ryan describes short sales as foreclosure avoidance and discusses the impact of each on FICO scores; Ryan talks about the options that people with underwater mortgages have; Louis mentions that 72 % of home buyers and sellers pick the first real estate agent they meet and points out the value in comparing agents first using HomeGain's Find a REALTOR program; Louis can Ryan discuss the level of shadow inventory the impact on sellers as more inventory gets released;
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