«New - home buyers are returning to the market in larger numbers as firming prices,
shrinking inventories of homes for sale and improving local economies convince them that now is the time to make their move,» said Rick Judson, chairman of the National Association of Home Builders (NAHB) and a home builder from Charlotte, N.C.
Rising mortgage rates and
a shrinking inventory of homes for sale could be a challenge in 2017, however.
Not exact matches
This suggests that the
inventory of homes for sale is
shrinking, especially
for first time
homes.
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.
Inventories of for -
sale homes are
shrinking.
At the same time, the supply
of homes for sale has barely kept pace with demand and the
inventory of new or existing
homes for sale shrunk down to only a four - month supply.
The Orlando housing market experienced increases in both median price and
sales in February, while the
inventory of homes available
for purchase
shrank by 21 percent in comparison to February
of last year.
With the tug -
of - war between rising
home sales and
shrinking inventory intensifying, January set records
for the RE / MAX National Housing Report.
Regional Spotlight — Closed
sales, pending
sales, median prices and average prices rose in Florida's housing market in November, while the
inventory of homes and condos
for sale shrunk, according to the latest housing data released by Florida REALTORS ®.