Low inventories
of homes for sale in many markets have been blamed for cooling the summer months more than expected.
The disconnect in the market is likely partially due to the limited
number of homes for sale in many markets, allowing sellers to face less competition and ask for higher home prices.
Buyers are out in force, but home prices are high and there is record low
supply of homes for sale in most major markets.
And even in those large markets where inventory has risen over the past year, the number
of homes for sale remains well below recent highs.
Thus, economists said the best way to fix that is to increase the supply
of homes for sale on the market.
The lower
availability of homes for sale has caused prices to rise significantly in 2013, but as inventory issues ease, the rate of rising prices should slow down.
Check out these numbers
of homes for sale vs. in escrow... In most cities, the homes in escrow is greater than the homes for sale.
Most buyers typically view pictures
of a home for sale while they are looking around online, long before they actually go out and see it in person.
Not only does it have the potential to impact the
market of homes for sale, but it has a direct and obvious impact on the rental market.
Unfortunately, it is probably not enough to stem the steady
decline of homes for sale that is contributing to accelerating prices and bidding wars across the country.
You can post visually appealing
pictures of homes for sale, gardens, before and after photos, neighborhoods, as well as «how - to» videos, etc..
The result is one of the most powerful online home search tools in the industry where you can search for
millions of homes for sale.
The number
of homes for sale nationwide has fallen on an annual basis for the past 17 straight months, and in 46 of the past 55 months (figure 2).
Imagine a new way to transport your out - of - town buyers to the living
room of a home for sale without them ever having to leave their desk.
Low inventories
of homes for sale combined with rising rents and home prices present a hurdle for many would - be buyers to save for a down payment and purchase a home.
The inventory
of homes for sale peaked at 4.5 million units in 2007, fueling the big drop in home prices that we've seen.
You can find renovated homes for sale, but they usually sell for much higher than the
rest of homes for sale and they go very quickly.
I encourage you to check out my website for local neighborhood and school details, mortgage information, interactive maps, listings of
properties of homes for sale, plus many more features.