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.
In the industry, mortgage rates were consistently low and
tight inventory made it a great year to be a listing agent.
Not exact matches
The following factors are
making me wonder if I should sell instead: market is still very high and
inventory is even
tighter than last year, but economy might change directions this year, rate hikes coming, I might be able to get the same cash flow from a REIT, and I have no intention of moving back in.
Tight inventories have
made it more challenging in markets like Los Angeles and San Francisco, however.
Note that this ad comes hot on the heels of a Politico story confirming the earlier Epolitics.com predictions of
tight inventory, and also note that CampaignGrid isn't the only vendor
making the same pitch.
We are on a 60 - day turn, which is not easy, but we have been able to run on this model for several months now and with
tight inventory control it
makes sense.
Tight inventory and high demand
make San Jose a highly competitive housing market for first - time buyers in 2017.
Olick followed up with her column today, noting that higher mortgage rates (of late),
tight credit standards, and falling
inventories will
make life difficult for first - time buyers in 2013.
According to Dittloff, many of the regions the firm serves in the San Francisco Bay area are prone to high pricing and
tight inventory,
making for a competitive real estate environment.
All in all I got bailed out by a
tight market and
made around 25 % on the flip... I have learned this lesson and applied it on my third house which will be complete and on the market in a couple of weeks... now if I can just find more
inventory but that is for another post...
Make sure to prepare buyers about the
inventory status in the market, especially where supply is
tight and buyer demand is high.
«As existing home
inventory remains
tight, we can expect new homes sales to continue to
make gains in the months ahead.»
And
tight housing
inventory across the country is fueling competition for homes that
makes them more expensive.
Tight inventories of homes for sale are
making markets increasingly competitive.
For the 88 - million - strong millennial generation, the oldest of which is 34 years old, the combination of high appreciation, low
inventories, and continuing
tight credit conditions is
making home ownership a stretch few can afford.
This has
made the
tight inventory situation get worse...
Additionally,
tight credit and low for - sale
inventory in many areas
make buying a home today difficult for many, even as demand for the luxuries offered by a single - family residence — more space, (even a sense of) more security, a yard and access to good, suburban schools — remains robust.
While limited
inventory,
tight credit and down - payment requirements
make it hard for many millennials to achieve the American Dream, soaring rents and the likelihood the Federal Reserve will increase interest rates later this year may drive more of them to explore buying, said Stan Humphries, chief economist at Seattle - based Zillow Group.
The housing recovery is benefitting from
tighter inventories and eager buyers willing to pay higher prices to
make a purchase — especially in these high - end markets.