Sentences with phrase «tighter inventories of homes for sale»

They'll also need to be prepared to face tighter inventories of homes for sale.

«This past year, the still - tight inventory of homes for sale in Florida couldn't meet growing buyer demand,» says Christine Hansen, 2018 president of Florida Realtors ® and broker / owner of CENTURY 21 Hansen Realty in Fort Lauderdale.

Tight inventories of homes for sale are making markets increasingly competitive.

We are also experiencing a tighter inventory of homes for sale, which is supporting an increase in home prices.»

Given the tight inventory of homes for sale, a 5.1 - month supply at the current sales pace, home prices are being bid up.»

A persistent tight inventory of homes for sale is holding back sales but pushing up home prices in most areas of the country, Lawrence Yun, NAR's chief economist, said in the report.

She is convinced that in a market with a tight inventory of homes for sale, it can speed the process along mightily.

Not exact matches

Price gains partly driven by tight supply and low inventories of homes for sale.

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.

The housing market faces challenges, such as the number of home owners still facing negative equity, inventories of for - sale homes remaining constrained, and mortgage credit remaining tight and preventing some buyers from qualifying for a loan.

Jobs are growing and interest rates remain low, but tight inventory in many parts of the country continues to drive home prices up, hurting affordability, especially for first - time buyers, who can't tap home sale proceeds to come up with a down payment.

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.

The tight inventory of homes for - sale that plagued many markets in recent months is starting to fade.

Their increasing desire to stay put could continue to press already tight inventories of homes for - sale across the country.

«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.

Credit for buyers and builders remains tight so some sales are cancelled because buyers» failure to qualify and the inventory of new homes is very low because builders can not obtain financing to replenish their sales.

Sales rose most in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million pace from the prior month At the current pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months in May; less than a five months» supply is a tight market, the Realtors group has said Properties were on the market for 34 days in June, the same as year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun Sales rose most in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million pace from the prior month At the current pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months in May; less than a five months» supply is a tight market, the Realtors group has said Properties were on the market for 34 days in June, the same as year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun Sales driven in gains among most expensive homes, NAR's Yun said.

Total housing inventory at the end of April rose 11.9 percent, a seasonal increase to 2.16 million existing homes available for sale, which represents a 5.2 - month supply at the current sales pace, compared with 4.7 months in March.Listed inventory is 13.6 percent below a year ago, when there was a 6.6 - month supply, with current availability tighter in the lower price ranges.

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.

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...

The inventory of homes for sale remains very tight in many markets across the country, with the May inventory 14.8 % lower than May 2015.

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.

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.

Tight inventory — that is, not enough homes available for sale — has for the past couple of years been one of the main reasons that the housing market can't quite get the traction it needs.

«Recent strengthening of the US economy, tight for - sale housing inventories, and healthy home equity gains are all working to boost home improvement activity,» says Chris Herbert, Managing Director of the Joint Center for Housing Studies.

Price gains partly driven by tight supply and low inventories of homes for sale.