Nationally, there are now 11.7
percent fewer homes for sale compared to one year ago.
Not exact matches
In fact, there were 223
fewer homes for sale at this price than in 2016,
for a decline of about 22
percent.
«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.
Listing inventory is taking a critical hit, with 9
percent fewer for -
sale homes on the market now than one year ago, a slump not seen in four years, according to the May Zillow ® Real Estate Market Reports.
According to Zillow, there are 12
percent fewer homes to choose from nationwide than there were a year ago — and 51
percent of
for -
sale properties are in the top one - third of
home values (which are out of reach
for first - time buyers).
There were 3,028
homes for sale in October, 20.8
percent fewer than the 3,823 in October 2015.
With the median
home price of existing
homes at $ 246,800 in December 2017 (cumulative change of 60
percent since January 2012), and with
fewer inventory of
homes for sale at their lowest level since January 1999 (3.2 months» supply), REALTORS ® expect prices to continue to appreciate in the next 12 months.
Business Tax Items • Permanently extends the 2001/2003 tax rates
for adjusted gross income levels under $ 450,000 ($ 400,000 single); good
for small business and
home builders, 80 % of whom are pass - thru entities who pay taxes on the individual side of the code • Permanently extends the Alternative Minimum patch; again, good
for small business owners who are frequently at risk of paying AMT • Permanently sets the parameters of the estate tax; positive
for family - owned construction firms; codifies the 2010 $ 5 million exemption amount (indexed to inflation) and a 40
percent estate tax rate • Extends present law section 179 small business expensing through the end of 2013; offers cash flow and administrative cost benefits
for small firms • Extends the section 45L new energy - efficient
home tax credit through the end of 2013; allows a $ 2,000 tax credit
for the construction of
for sale and
for - lease energy - efficient
homes in buildings with
fewer than three floors above grade
Forty - five
percent of those surveyed say they believe they will be up against inventory challenges again, with
few homes for sale within the price range they desire.
A separate glimpse of the January
home sales market from Re / Max noted slowing
sales for the month and attributed the problem to a relative scarcity of
homes for sale — its take on the January market calculated that there were 11
percent fewer properties
for sale than there had been one year earlier.