Sentences with phrase «smaller inventory of homes for sale»

Nearly every neighborhood on the list has a smaller inventory of homes for sale than it did one year ago.

«Increased affordability and a somewhat smaller inventory of homes for sale are positively impacting house prices,» says Andrew Leventis, FHFA's principal economist.

Not exact matches

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.

«Meanwhile, despite a small increase in the inventory of new homes on the market in September, the number of completed new homes for sale is now at an all - time low and the month's supply is at its tightest since October 2005.

«Orlando's inventory of available homes is 11 percent below where it was this time last year and continues to impact both sales and price,» says ORRA President John Lazenby, Colony Realty Group, Inc. «Regardless, we are seeing a small trend of increasing sales that illustrates buyer enthusiasm for our current historically low interest rates and steadily rising values.»

The inventory of new and existing homes for sale remains relatively tight as buyers seek to move up to larger houses or downsize to smaller ones, he said.