Sentences with phrase «of inventory of homes for sale»
«After back - to - back years of a robust housing recovery, we are continuing to experience another year of a shortage of inventory of homes for sale,» reports Phil McBride, COO of John L. Scott Real Estate in the Northwest.
http://rismedia.com/
But the lack of inventory of homes for sale isn't a problem everywhere.
Not exact matches
Though Naples made the list of the most million - dollar homes for sale, it's one of the few that saw inventory decline.
There's no shortage of luxury real estate in Miami, and the inventory got even higher in 2017 with 4.4 percent increase in the number of million - dollar homes for sale.
While overall low inventory has led to competition in some markets — about a quarter of 2017 home sales yielded sales prices higher than the asking price, according to Zillow — it's a different story for some sellers.
Rising mortgage rates and a shrinking inventory of homes for sale could be a challenge in 2017, however.
«This partnership means MRIS» huge inventory of for - sale listings will appear accurately and quickly to the millions of home shoppers using Zillow, and that the brokers and agents who are part of MRIS will have total control over the content of their listings,» said Spencer Rascoff, Zillow CEO, in a statement.
The inventory of homes for sale surged 41 % from a year ago, to 18,206 active listings.
According to the National Association of Realtors ®, «Pending home sales inched higher for the second consecutive month in March, but unrelenting inventory constraints once again kept overall activity below year ago levels.»
The overall inventory of new and existing homes for sale hit its lowest level on record in the fourth quarter of 2017, at 1.48 million, according to the National Association of Realtors.
Inventories of homes for sale were down 18.68 percent compared to 2011 and 40 percent below peak in September 2007.
In the past year or so, our inventory of available homes for sale was dangerously lower then that equation.
Price gains partly driven by tight supply and low inventories of homes for sale.
While strengthening demand in these markets may help lessen the negative impact that this additional foreclosure inventory has on home prices, at the very least the influx of distressed inventory for sale will likely act to slow the rate of home price appreciation seen in recent months.
Seattle's housing inventory — measured by the number of homes listed for sale — has declined over the last year.
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This suggests that the inventory of homes for sale is shrinking, especially for first time homes.
«While these changes are pointed at the demand for ownership housing, it is important to note that much of the upward pressure on home prices in the GTA has been based on the declining inventory of homes available for sale.»
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.»
Changes in the inventory of unsold new homes relative to home sales often presage the opposite direction for housing starts.
The inventory of homes for sale rose in February after dropping to a 12 - year low in the previous month.
As a result, the natural flow of demand from new household formation must be satisfied from an inventory of homes for sale that is much smaller than the actual «shadow inventory» that would be available if losses did not have to be taken in order to sell those homes.
New home sales have been weak for several years, and builders are holding a fair bit of hard - to - move existing inventory.
A lack of supply of homes for sale has led to upward pressure on home prices across the country, especially in areas where both existing and new home inventory have not kept up with buyer demand.
In today's market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO).
Inventory is tight and home values are rising, and it's easy to assume that the main culprit for shrinking inventory is a shrinking number of homes being listed Inventory is tight and home values are rising, and it's easy to assume that the main culprit for shrinking inventory is a shrinking number of homes being listed inventory is a shrinking number of homes being listed for sale.
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.
This phenomenon is known as «mortgage rate lock - in» and could lead to diminished demand from home buyers and / or reduced inventory of homes for sale as would - be buyers instead choose to stay put in their current homes.
That sort of mental selling analysis is a large part of the reason why there is so much home inventory available for sale.
From housing economist Tom Lawler: CAR: California Existing Single - Family Home Inventory Shows First YOY Gain in a Long While From the California Association of Realtors monthly home sales report for ApHome Inventory Shows First YOY Gain in a Long While From the California Association of Realtors monthly home sales report for Aphome sales report for April:
The most prominent market trends for real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year - over-year declines in home sales
Less dramatically, a fire that destroys inventory for a direct - sales business will also allow a claim on your home insurance for the value of the lost product.
Sales Associate — Tubman's Home Goods, Philadelphia, PA — 4/2009 — 8/2014 • Escorted customers to the products they were searching for and recommended additional products relevant to their needs to boost sales • Distributed samples, discount coupons, and other promotional materials in and around the store's location • Used advanced understanding of products along with respectful yet persuasive techniques to continually exceed the company's monthly profit goals by 10 percent • Maintained an adequate amount of inventory items by performing weekly assessments and placing subsequent orders • Notified customers of purchase options and payment plans, and completed purchasing transacSales Associate — Tubman's Home Goods, Philadelphia, PA — 4/2009 — 8/2014 • Escorted customers to the products they were searching for and recommended additional products relevant to their needs to boost sales • Distributed samples, discount coupons, and other promotional materials in and around the store's location • Used advanced understanding of products along with respectful yet persuasive techniques to continually exceed the company's monthly profit goals by 10 percent • Maintained an adequate amount of inventory items by performing weekly assessments and placing subsequent orders • Notified customers of purchase options and payment plans, and completed purchasing transacsales • Distributed samples, discount coupons, and other promotional materials in and around the store's location • Used advanced understanding of products along with respectful yet persuasive techniques to continually exceed the company's monthly profit goals by 10 percent • Maintained an adequate amount of inventory items by performing weekly assessments and placing subsequent orders • Notified customers of purchase options and payment plans, and completed purchasing transactions
Pier One Imports (City, ST) 03/2008 — 09/2009 Sales Associate • Oversee the sale and in - store marketing of various home products ensuring profitable and professional operations • Provide exceptional customer service resulting in repeat business, client loyalty, and referrals • Responsible for cash register operation, Pier One credit cards, merchandise orders, and inventory management • Perform building maintenance ensuring a clean and appealing environment for customers • Manage communication with customers and partners stores for product tracking purposes
If there are currently 42 homes like this for sale on the market, we have a 2.3 Month inventory of that kind of home.
[break] The anemic inventory of for sale homes in King County points to a sellers market as high demand and low supply are pushing up prices in some sought after metro areas.
Low inventories of homes for sale in many markets have been blamed for cooling the summer months more than expected.
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.
Some Highlights: The inventory of existing homes for sale has dropped year - over-year for the last 29 consecutive months and is now at a 3.9 - month supply.
Total housing inventory (or the inventory of homes for sale) fell 8.0 % from last month and -LSB-...]
And two, the inventory of for - sale homes in the Chicago area is down from a year ago, but the decline is nowhere as dramatic as it was.
At the end of April, total housing inventory increased 11.9 % from the previous month to 2.16 million existing homes for sale.
At the end of August, housing inventory was at 2.31 million existing homes available for sale, which represents a 5.5 - month supply of homes, according to the National Association of REALTORS ®.
Inventory is simply real estate lingo for «the number of homes for sale.»
Inventories of for - sale homes are shrinking.
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.
«Currently we have a high inventory of homes for sale,» says new ARR president Tim Chicilo, «but people are mistaking that for the market being slow.