housing inventory - Articles

Early Spring Thaw in Homes for Sale? Listings Up 10%

AP Brutal winter storms in much of the country didn't stop home sellers from being optimistic about the housing market, with 10 percent more properties for sale nationwide in February compared to a year ago, according to data released today by realtor.com. The median list price increased 7.6 percent to $199,000 during... Continue Reading »

Homebuyers Gaining Bargaining Power as Inventory Increases

Shutterstock By Camille Salama Home values saw their smallest monthly increase since May 2012, up just 0.2 percent in January from December according to the latest Zillow Real Estate Market Reports. Year-over-year, U.S. home values rose 6.3 percent in January, down from peak gains of 7.1 percent in August 2013. This... Continue Reading »

How Housing Inventory Threatens Market Recovery

FOX Business Network By Kathryn Buschman Vasel The housing market has been on a steady recovery, but there is one major obstacle that could potentially slow down its momentum: tight inventory. "The lack of inventory is a big obstacle for the housing market right now," says Jed Smith, managing director of quantitative... Continue Reading »

Rising Interest Rates Won't Stop Housing Recovery, Group Says

By Paul Toscano The housing recovery is on a normal trajectory and gradual increases in interest rates won't slow it down, Lennar CEO Stuart Miller told CNBC on Wednesday. Miller, whose company is one of the nation's largest homebuilders, said the notion that the most recent Case-Shiller report signals a growing bubble in... Continue Reading »

Why the Fast Rise in Home Prices Doesn't Equal a Bubble

#fivemin-widget-blogsmith-image-642253{display:none;} .cke_show_borders #fivemin-widget-blogsmith-image-642253, #postcontentcontainer #fivemin-widget-blogsmith-image-642253{width:570px;height:411px;display:block;} By Diana Olick A fast rise in U.S. home prices has some in the housing market murmuring the dreaded... Continue Reading »

Spring Homebuying 'Stuck' Under Tight Inventory, NAR Says

By Diana Olick Like everything else in the spring, housing supply is supposed to grow. That's because warmer weather and the convenience for families to move during the summer make spring the busiest homebuying season historically. That is not the case this year. Home sales have been "stuck," according to Lawrence Yun,... Continue Reading »

Realtor Raps On Tight Inventory: 'All the Houses Gettin' Sold'

There are two things you can learn from the video above: housing inventory is really, really tight. ... and Realtors should never rap. Of course, that's just our opinion. And we're sure not everyone will heed our warning. Anyway, Realtor Brian Block of Re/Max Allegiance -- now the Lil' Wayne of home selling -- created... Continue Reading »

Tight Housing Inventory Slowing Down Business? Try Cold Calling

When housing inventory is as tight as it is -- it hit a 13-year low in January -- it gets pretty tough for buyers to even find homes for sale. And if you're a Realtor, that means slow business for you. There are very few buyers or sellers to represent. So what's a gal to do? Well, like any good salesperson looking... Continue Reading »

You Can Buy a Home Even When It's Not for Sale

By Marilen Cawad Chris Lichon found her "dream" starter home as she was driving around Rutherford County, Tenn., one fine spring day. The house was on about an acre of ground, on a dead-end street, with a big pasture beside it that she could rent for her horse. It was perfect, she thought, except for one small detail. The... Continue Reading »

5 Ways to Get Your Home When Housing Inventory Is So Tight

By Brendon DeSimone The news is out. Real estate is back. Homebuyers are in the game again, but they're facing a huge inventory shortage in most markets. Some buyers make three or four offers on homes, only to keep losing out to other buyers. In this tight market, buyers and real estate agents need to think outside the... Continue Reading »

Done Cheering for Home Sales? Here's What's Really Going On

Existing home sales are up: Rah! Rah! Rah! You're probably hearing the resounding cheers as the National Association of Realtors reported Thursday that sales of existing homes rose to a three-year high in February. Even more exciting is that real estate inventory, which has been frustratingly low for quite a while,... Continue Reading »

A Win-Win? Housing Inventory Down, Home Sales Up

National home sales and median price listings in September went up from a year ago with the home inventory down about 20 percent, according to multiple reports Thursday. These positive signals were offset by a continued slight downward trend in home sales prices, down 3.3 percent from a year ago according to RE/MAX. But... Continue Reading »

Home Sales On Pace for Worse Year Than 2010

WASHINGTON - The number of people who bought previously occupied homes dropped in July. The third decline in four months suggests the depressed housing market won't help the U.S. economy recover this year. Home sales fell 3.5 percent last month to a seasonally adjusted annual rate of 4.67 million homes, the National... Continue Reading »

Housing Starts Drop Amid Glut of Inventory

WASHINGTON - Builders broke ground on fewer single-family houses in July, leaving home construction at depressed levels. The Commerce Department said Tuesday that builders began work on a seasonally adjusted 604,000 homes last month, a 1.5 percent decrease from June. That's half the 1.2 million homes per year that... Continue Reading »

Foreclosure Backlog Casts Pall Over Housing Recovery

The ailing housing market remains hampered by the backlog of distressed properties, which is growing larger as banks repossess more homes than they sell. Banks now hold more than 872,000 homes, nearly twice as many as in 2007, The New York Times reports, citing data from RealtyTrac. In regions like Atlanta and... Continue Reading »

Home Listings Slide: Good News, Sellers?

For the first time in nine months, several U.S. housing markets saw a drop in home listings -– but what does that mean for hard-luck homesellers? The number of homes listed for sale in 26 major metropolitan areas dropped an average 3.3 percent in October, the first month-over-month drop since January, according to... Continue Reading »

New Home Sales Hit Record Low

The number of new single-family houses sold hit a record low in January, according to the U.S. Dept. of Commerce, raising new questions about the already shaky recovery of the housing markets. "The road to a housing and economic recovery remains very uncertain," says David Crowe, chief economist for the National... Continue Reading »

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