Higher interest rates and
very tight inventory.
«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.
The last hurdle will be finding a home they like amidst
very tight inventory, especially among starter homes.»
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.
Rich Rosa: The real - estate market, in terms of
inventory, is
very tight, and it has been for 18 months, 2 years, really.
[break] The National Association of Realtors reported increases in existing home sales in every region but the West, where
inventory remains
very tight.
«This slowdown is nothing to be overly concerned with — demand from homebuyers remains
very high, and
inventory remains
tight.
Fewer people are upside - down, there is no junk money out there, and
inventory is
very,
very tight.
The interesting thing is that the negative reaction in the market tends to be a little less when
inventory is
very tight, but as soon as
inventory becomes normal, these adverse locations tend to be a bigger deal for buyers.
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.
«Housing
inventory declined from last year and supply in many markets is
very tight, which in turn is leading to bidding wars, faster price growth and properties selling at a quicker pace,» says Yun.
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.
«First - time buyers should be closer to 40 percent of the market, but they're held back by the frictions of
tight credit and
very limited
inventory in the lower price ranges in most of the U.S.,» Yun said.