Sentences with phrase «tight inventory»
The phrase "tight inventory" means that there is not enough of a certain item or product available to meet the demand or needs of the people who want to buy it. Full definition
In markets with tight inventory, clients on both sides of a transaction can have high expectations.
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Changing consumer home preferences amidst tight inventory conditions can be a challenging endeavor for buyers and sellers.
Higher housing values, tight inventory levels, and all - out bidding wars have yet to deter first - time buyers in major Canadian centres this year, says a...
The median time on the market for recently sold homes dropped to four weeks in this year's report compared to five weeks last year, indicating tight inventory in many local markets.
Interest rates remain low but home prices, fueled by tight inventories, continue to rise, squeezing first - time buyers.
Inventory: Keep appropriate records and reports to guarantee that tight inventory control and security is maintained.
In a market with extremely tight inventory, buyers tend to be a bit more forgiving about condition because it might be difficult to get into contract.
The recent rise in prices has been largely supply - related, as tight inventories have caused fierce bidding competitions in some markets.
While owning a home continues to remain an aspiration for many, the financial realities of cost and tight inventory make renting the more practical option.
This number falls drastically to five weeks the following year in 2013, indicating tight inventory, tight credit availability, and a lack of new construction of homes to keep up with demand.
They'll also need to be prepared to face tighter inventories of homes for sale.
This increasingly fast - moving market is largely a product of increasingly tight inventory.
This contributes to the severely tight inventory we see in many markets this spring home buying season, restricting entrance of new homebuyers and driving us prices.
Record tight inventories are making it increasingly difficult for growing numbers of buyers, who are creating multiple - bid environments in markets that haven't seen buyers battle over homes in six years.
Prices reflect temporary shifts in supply and demand — like tight inventories or heightened demand due to low - interest rates.
Recent first - time buyers have had to navigate several obstacles to homeownership, including higher rents and home prices, tight inventory conditions and repaying student loan debt.
During this time of year, many markets are also dealing with tight inventory, which adds a competitive twist for buyers that have to deal with multiple offer situations.
This explosive growth is being driven by increases in home values and selling prices, tight inventories of houses for sale, and pay - downs of principal on existing mortgages.
Assist in physical inventories - Keep appropriate records and reports to guarantee that tight inventory control and security are maintained.
Despite tight inventory conditions, economists at mortgage giant Freddie Mac have high expectations for housing.
As retailers strategize with tighter inventory leading to sold - out merchandise, consumers are purchasing intangible gifts for their loved ones this holiday season.
«In Florida, we have been experiencing very tight inventory and in some markets less than three month's supply,» said Rei L. Mesa, president and CEO of Prudential Florida Realty.
«As we end the first quarter of 2017 we continue to see tight inventory levels, especially in the mid-price range of $ 250,000 to $ 400,000», said Kathleen Sweeten, CEO of the Northwestern Vermont Board of Realtors ®.
But REALTORS ® say tight inventories and hard - to - get credit remain drags on business.
In addition to competing for sellers» attention, these online investor sales may exacerbate the already tight inventory situation many of your buyer clients are facing.
The company faces an «atypically» cold start to the garden season exacerbated by tight inventory management at the retail channel.
«While tight inventory had an impact on sales numbers in recent months, we are now beginning to experience greater availability of product and are looking forward to this fall's most anticipated launch, PlayStation Move,» said SCEA's Patrick Seybold.
«The bidding wars caused by tight inventory provide the latest evidence that housing demand is starting to pick up after a six - year - long slump,» The Wall Street Journal reports.
The already tight inventory in California will pose a problem when it comes to finding new homes for the displaced population.
«Buyers should expect tight inventory of existing homes across the nation, particularly in fast - growing metro areas such as Denver, Dallas, Seattle and Portland — but also most major metros in the West and in the South,» say Payne and Sermeño.
This indecisiveness only exacerbates tight inventory conditions and slows housing turnover.»
Monday's report suggested tight inventory may be weighing on sales.
«However, with supply edging higher in most major centres and few markets reporting tight inventory levels, we are seeing a return to more balanced conditions.
«Tight inventory fueled by a tight labor market and low interest rates propelled home values to record heights in 2017, but the outlook is now much less certain,» Terrazas says.
Another catalyst can be found in the surge in WTI oil due to tighter inventories corresponding with less flow through the Keystone pipeline from Canada.
At the same time, manufacturers reduced their stocks of finished goods in February, in part reflecting efforts to improve cash flow through tighter inventory management.
An improving labor market and steady wage gains have offset the rise in interest rates since Donald Trump's U.S. presidential win in November and tight inventories nationwide, analysts said.
Chris Boyle: The main challenge, in my view, is the late - cycle stage of the economic recovery we're in currently and the subsequent pressures on the industry — mainly tight inventory, affordability problems and rising interest rates.
Maximized shareholder return by reducing errors and eliminating waste; kept tight inventory controls.
«In the face of historically tight inventory, buyers have had to be more aggressive in their offers,» says Aaron Terrazas, senior economist at Zillow.
What's needed to spur stronger growth in the housing market is a marked increase in inventory through stepped - up new construction, because only more new homes will ease tight inventories and, in turn, help slow home price gains, helping affordability.
The strong price growth reflects the overly tight inventory conditions in many markets, Yun said.
Yet tight inventories might be easing.