Sentences with phrase «sale housing inventories»

«Recent strengthening of the US economy, tight for - sale housing inventories, and healthy home equity gains are all working to boost home improvement activity,» says Chris Herbert, Managing Director of the Joint Center for Housing Studies.
«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.

Not exact matches

That includes home construction, which is positive as housing inventories fell to around 22 months of sales in October, from nearly 50 % higher in early 2015, says Gavekal Research.
Given the large inventory of unsold housing, strong housing sales momentum for a sustained period was needed before housing construction could recover meaningfully, according to Oxford Economics.
«If we don't see the new listings number turn around next month or a pickup in new housing starts, inventory will be a persistent drag on sales for the remainder of the year.»
But the housing market continues to be hobbled by an inventory squeeze that is restraining sales growth.
Seattle's housing inventory — measured by the number of homes listed for sale — has declined over the last year.
Baltimore - area home prices rose 6.5 percent in February from the same month a year ago, reflecting growing sales volume amid reduced inventory, according to a new housing report.
``... in regions where inventory is tight, such as the San Francisco Bay Area, sales growth could be limited by stiff market competition and diminishing housing affordability.
According to Realtors, an uptick in existing U.S. home sales in the final three months of 2017 pulled down housing inventory to an all - time low, while keeping home - price growth at its recent robust pace.
If mortgage rates rise modestly as expected in 2017, sales elsewhere may normalize with smaller price appreciation, especially as housing starts rise to fill the inventory breach, but recently, rates have been on the decline.
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While this year's higher rates — up 50 basis points from a year ago — have put pressure on the budgets of some home shoppers, weak inventory levels are what's keeping the housing market from a stronger sales pace.»
«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
The chart shows the S&P / Case - Shiller National Home Price Index (red, numbers of the right hand scale), sales of existing homes at annual rates (dark blue, in millions of houses per year on the left hand scale) and the inventory - sales ratio or months - supply (green, also on the left).
Changes in the inventory of unsold new homes relative to home sales often presage the opposite direction for housing starts.
If, in fact, the demand for housing is stabilizing — and, again, we won't know that for sure, I think, until we see sales figures in the spring — then we should see from here a gradual decline in the months for sale inventory.
As these condos in the construction pipeline are completed, this inventory of units will be dumped on to the rental and / or re-sale market just as sales momentum and housing demand ebbs.
Although the housing market is recovering in many parts of the country and inventory is getting tighter, some short sales are still available.
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 April:
Forced sale of homes, foreclosures and bankruptcies will increase and again build up inventory of housing on the market.
It helps if you keep an inventory of the belongings in your condominium or house and save sales receipts so that you are able to know what the price was of something when you purchased it.
Promoted to in - house production / inventory / order admin support to maintain production records and sales order release accuracy while continuing existing support roles.
Tags for this Online Resume: Inventory Control, Inventory Control, Recruitment and training, Recruitment and training, In - House Counsel, In - House Counsel, Project Manager, Project Manager, Sales Manager, Sales Manager, P & L Manager, P & L Manager
Neighborhood Housing Services of South Florida, City • FL 2009 — 2010 Real Estate Sales Manager Oversaw sales and marketing, inventory analysis and workforce scheduling to successfully delivery newly constructed and rehabilitated single / multifamily affordable homes within a 36 - month timefSales Manager Oversaw sales and marketing, inventory analysis and workforce scheduling to successfully delivery newly constructed and rehabilitated single / multifamily affordable homes within a 36 - month timefsales and marketing, inventory analysis and workforce scheduling to successfully delivery newly constructed and rehabilitated single / multifamily affordable homes within a 36 - month timeframe.
Professional Experience Fairmount Supply (Elko, NV) 2006 — 2011 Sales / Inventory Control / Warehouse - Driver Holiday Broadcasting (Elko, NV) 2003 — 2005 Operations Manager / Sales KimberSketch (Elko, NV) 2000 — 2004 Consultant Elko Shopper (Elko, NV) 2001 — 2002 Sales Director Daily Free Press (Elko, NV) 1999 — 2001 Special Publication Coordinator / Sales Consultant Full House, Inc. (Elko, NV) 1998 — 1999 Marketing & Sales Director Elko Daily Free Press (Elko, NV) 1996 — 1998 Sales Representative / ROP
Tweet While the demand for homes and home sales have remained steady, the housing inventory in Austin is growing.
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.
Total housing inventory (or the inventory of homes for sale) fell 8.0 % from last month and -LSB-...]
A stable market typically has six months of inventory, so the lack of houses and condos for sale is creating some interesting appraisal scenarios, depending on the neighborhood, and even the block.
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 ®.
Two factors supporting price increases are the low inventory of homes for sale and the low vacancy rate among owner - occupied housing.
Banks are agreeing to more short sale transactions, and short sales are taking less time to sell, which is helping to clear large inventories of distressed properties more efficiently, says James J. Saccacio, RealtyTrac CEO, in releasing new housing data this week.
An uptick in existing - home sales in the final three months of 2017 pulled down housing inventory to an all - time low and kept home - price growth at its recent robust pace.
«What's ailing the housing market, and continues to weigh on overall sales, is the inadequate levels of available inventory and the upward pressure it's putting on prices in several parts of the country.
According to Jim Gaines, the chief economist at the Real Estate Center at Texas A&M, «In 2018, Central Texas» housing market will continue to see an increase in both sales and price, despite inventory levels remaining low.
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 reHousing 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 rehousing industry; an approach long recommended by NAR to help spur the housing market rehousing market recovery.
Total housing inventory continued to make strides at the end of the third quarter at 2.30 million existing homes available for sale, which is 6.0 percent higher than a year ago.
Single - family home sales were up in January compared to this time last year, despite extremely tight housing inventory across the entire Austin - Round Rock MSA.
The dip in sales helped bring housing inventory up 1.9 percent to a total of 2.19 million existing homes available for sale.
«With lean for - sale inventories and low rental vacancy rates, many markets have seen housing prices outpace inflation,» Nothaft says.
With the housing market on the verge of the spring home - buying season, this is good news in an environment where historically low mortgage rates will help offset the pace of house price growth and lack of for - sale inventory in many markets.»
One word sums up February home sales across the country: inventory, according to the March RE / MAX National Housing Report.
Total housing inventory at the end of June dipped 0.9 percent to 2.12 million existing homes available for sale, and is now 5.8 percent lower than a year ago (2.25 million).
The housing market faces challenges, such as the number of home owners still facing negative equity, inventories of for - sale homes remaining constrained, and mortgage credit remaining tight and preventing some buyers from qualifying for a loan.
Total housing inventory at the end of September rose 1.5 percent to 2.04 million existing homes available for sale, but is still 6.8 percent lower than a year ago (2.19 million) and has now fallen year - over-year for 16 straight months.
Total housing inventory at the end of March rose 1.5 percent to 3.55 million existing homes available for sale, which represents an 8.4 - month supply4 at the current sales pace, compared with a 8.5 - month supply in February.
«In the luxury market in particular, there's typically a lot less inventory,» says Evans, «so take the time to go into every property that's for sale and learn the rooms and how to speak to the house as a whole.»
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