Housing Inventory

The Housing Shortage: Affecting Buyers, Sellers, and Builders

By |2022-07-01T11:03:00-05:00July 1st, 2022|Market|0 Comments

Zillow recently reported U.S. housing stock gained $6.9 trillion in 2021, the most in a single year. Single-family homes values rose considerably faster, with the average homeowner seeing gains of $50,000. Record low supply, coupled with increased demand, dramatically drove up prices. The chief economist for the National Association of Realtors, Lance Yun, reported that, [...]

By |2022-07-01T11:03:00-05:00July 1st, 2022|Market|0 Comments

3 Trends Point to More Housing Inventory

By |2021-07-15T15:35:57-05:00July 15th, 2021|Featured, Market|0 Comments

Supply influx converging with affordability-weakened demand would dampen price appreciation. An imbalance between low supply and high demand has pushed U.S. home prices up by double-digit percentages for nine consecutive months, capped by a record 19% increase in April. The April existing home sales report from the National Association of Realtors (NAR) shows 1.16 million [...]

By |2021-07-15T15:35:57-05:00July 15th, 2021|Featured, Market|0 Comments

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