Sentences with phrase «tight inventory levels»

NAR members continue to report the biggest obstacle to any real estate transaction is obtaining a mortgage (cited by one in three respondents) and tight inventory levels (25 percent report difficulty in finding the right property).

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...

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 new report by Re / Max.

«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.

The report says supply is adequate in most markets, but heated activity in the lower end has resulted in tight inventory levels for entry - level product in 18 per cent of markets including: Bancroft, Combermere, Honey Harbour / Port Severn, West Kawarthas, Orillia, Flesherton, North Saskatchewan and Salt Spring Island.

While higher housing values and tight inventory levels have hampered home - buying activity so far this year, longer amortization periods and alternative housing types have...

The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months have dampened sales by limiting buyer options.

Tight inventory levels and increasing demand seem to be supporting the increase in median sales prices.

«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 ®.

(REAL ESTATE NEWS) Existing home sales rose in October despite continually tight inventory levels and rising home values.

«Affordability has certainly been a major concern, particularly in markets in British Columbia and Alberta, where average price has experienced strong upward momentum throughout 2005 due to tight inventory levels,» says Elton Ash, regional executive vice-president, Re / Max of Western Canada.

Tight inventory levels are present in 61 per cent of western markets.

«Sales activity was down in many parts of the country last month — especially in the South and West — as the persistent summer theme of tight inventory levels likely deterred some buyers,» he said.

Re / Max credits low interest rates for the housing market's success, along with tight inventory levels and increased urban demand.

Not exact matches

Fortunately, though, the supply - and - demand situation is beginning to level out in many parts of the Golden State (with the exception of the San Francisco real estate where inventory is still tight).

Copper prices have risen sharply in recent months amid tight supply and low worldwide inventory levels.

«Adding more bumps in the road, is that those finally in a position to buy have had to overcome low inventory levels in their price range, competition from investors, tight credit conditions and high mortgage insurance premiums.»

Maintained inventory levels for timely delivery of ordered products to job - site meeting tight schedules and deadlines for union workers

Many metro areas will remain to have a tight inventory, at a level that is 14.7 percent lower than one year ago.

Oher segments in the news video look at the drop in first - time buyers, as underwriting standards and inventories of entry - level homes remain tight, and what to expect this week in San Diego, which is hosting NAR's 2015 Conference & Expo.

Inventories of existing homes have averaged around a five month supply for the past year, a level that suggests a fairly tight market with limited supplies.

«Adding more bumps in the road is that those finally in a position to buy have had to overcome low inventory levels in their price range, competition from investors, tight credit conditions and high mortgage insurance premiums.»

Continuing tight underwriting by lenders, low inventories in many markets, and rising interest rates are holding back growth in sales volume, said Yun, leading him to predict home sales of about 5.12 million for 2014, virtually the same level forecast for 2013.

When combined with the scant supply levels for existing homes, these tight inventory conditions continue to hamper affordability in many of the largest cities in the country — especially those in the West.

Inventory levels have been tight for homes in this area of the market, however these properties tend to have longer listing periods than average.

Tight inventory conditions pushed the median sales price of both vacation and investment homes last year to levels not seen in roughly a decade.

With housing inventory at the tightest level among all regions across the state, the Bay Area region continued to appreciate the most with a 14.1 percent growth rate from the previous year.

Fortunately, though, the supply - and - demand situation is beginning to level out in many parts of the Golden State (with the exception of the San Francisco real estate where inventory is still tight).

Given tight resale inventory and a new home market priced out of reach for many entry - level consumers, a large share of potential buyers remain on the sidelines, contributing to a historically low homeownership rate.

Despite tight housing inventories and rising home prices, the homeownership rate rose slightly in the third quarter and reaching the highest level since 2014, the U.S. Census Bureau reported Tuesday.

With attention focused on extraordinarily tight inventories that have restricted sales during the past six months, marketshare of non-distressed homes are at their highest level since August 2008, a sign of strengthening demand from buyers realizing their time has come to act before prices increase further due to a slowly improving employment picture and greater consumer confidence.

Luxury brokers around the nation report little change in their markets in recent months, unlike the tight inventories and rising prices among entry - level homes found in almost market in the country.

Gains in home sales will be limited by continuing tight inventory in many markets, however, the report anticipates sales to rise about 5 to 6 percent in 2014 from 2013 levels.