Pro Builder

JULY 30, 2021

Homebuying Activity Returns as Inventory Increases. An uptick in homebuying activity in June after months of decline shows slowed buying activity resulted from low inventory, says the National Association of Realtors (NAR). June housing inventory was up 3.3% cbroderick. Fri, 07/30/2021 - 09:36. There were 1.6

Inventory 98

Inventory Metro Permits Houston 98

Pro Builder

AUGUST 10, 2021

Forbearance Exits Expected to Add Inventory. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. This not only benefits the market’s inventory problem, but homeowners can benefit from the significant price appreciation.

Inventory 98

Inventory San Antonio Fort Worth Cash Flow 98

Pro Builder

MAY 13, 2022

Weekly Inventory Up Year-Over-Year for the First Time Since 2019. Housing inventory is slowly climbing as buyer demand, home sales slow due to mortgage rate hikes. Year-over-year inventory was down 30% from 2019 levels at the start of the year, but current year-over-year supply is unchanged from mid-2019.

Inventory 98

Inventory Housing Construction 98

Pro Builder

OCTOBER 27, 2021

Record Low New Home Sales and Construction Inventory. After a boom in new home sales during the first months of the pandemic, rates are steadily declining year-over-year with an inventory supply just above the record low of 33 thousand, according to the CalculatedRisk Newsletter. Housing Markets. Housing Markets.

Inventory 98

Inventory Construction Estimating Housing 98

Pro Builder

APRIL 17, 2023

The National Association of Home Builders/Wells Fargo Housing Market Index rose one point to 45 in April, and although anything below 50 is considered negative, the latest reading is the highest since September, CNBC reports. Builders said one-third of housing inventory is new construction, compared with historical norms of around 10%.

Inventory 98

Inventory Alabama NAHB Banking 98

Pro Builder

FEBRUARY 27, 2023

Still, housing supply is inching back toward pre-pandemic levels after reaching a record low in October 2020. Total inventory of completed for-sale homes is more than double the record low of 32,000 reached in 2021 and early 2022, while the inventory of homes under construction remains high at 280,000. months from 8.7

Inventory 98

Inventory Housing Construction 98

Pro Builder

JUNE 5, 2023

Home Inventory Levels: US Cities With the Most—or Fewest—Homes for Sale ldeakins Mon, 06/05/2023 - 10:58 While for-sale inventory is rising slowly but steadily nationwide, many markets remain undersupplied and overpriced on a year-over-year basis The U.S. Inventory remains tight in cities such as San Jose, Calif.,

Inventory 98

Inventory San Jose US Nashville 98

Pro Builder

MAY 2, 2022

Weekly Inventory Is Down Just 6% Year-Over-Year at the Start of May. Housing supply is still at a historic low, but residential construction is speeding up. . Though inventory will remain at a historically low level, year-over-year supply is rising, especially as new home sales slow as a result of elevated mortgage rates.

Inventory 98

Inventory Housing Residential Construction 98

Pro Builder

MAY 6, 2021

New Construction Hits Record Highs as Inventory Posts Record Lows. The housing shortage worsened in April by reaching a new low, but March’s increase in new construction could bring much needed relief. during the first quarter of 2021 compared to 2020 and housing starts rose 15.3% cbroderick. Thu, 05/06/2021 - 09:48.

Inventory 105

Inventory Construction Housing Washington 105

Pro Builder

APRIL 28, 2022

New Home Sales Slowed in March Despite Increased Inventory. New home sales are declining year-over-year after soaring during the first months of the pandemic, but housing supply is on the rise, says Bill McBride in the CalculatedRisk Newsletter. The inventory of new homes under construction is at 4.2 Thu, 04/28/2022 - 10:27.

Inventory 98

Inventory Estimating Housing Construction 98

Pro Builder

APRIL 11, 2023

Read more Housing Markets Sales Housing Markets The lack of homes hitting the market explains why the market is moving fast even though sales are still down. The lack of new listings is also one reason why sales are down: Buyers can’t buy if sellers don’t want to sell.”

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Inventory Housing Budgeting Budget 98

Pro Builder

JANUARY 21, 2022

Existing-Home Sales Dropped in December as Inventory Reached Record Low. million as inventory fell to an all-time low of 910,000 units in December. Housing Markets. Fri, 01/21/2022 - 10:28. December sales fell on both a month-over-month and a year-over-year basis, though overall sales for 2021 finished strong. New-Home Sales.

Inventory 98

Inventory Housing 98

Pro Builder

AUGUST 8, 2022

Builders Press Pause on New-Home Construction as Unsold Inventory Hits Record High. Home builders ramped up new-home construction in order to satisfy seemingly insatiable demand from buyers throughout a pandemic-driven housing boom over the last several years, but as the market cools, the number of unsold homes is climbing.

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Inventory Construction Housing Profitability 98

Pro Builder

AUGUST 9, 2022

Homebuyers Brace for Big Changes Ahead as Inventory Climbs and Sellers Slash Prices. The housing market is cooling down after years of consistent growth. metros climbed 41% in July, especially in popular cities like Phoenix, Austin, and Raleigh, where inventory rose 158.7%, 154.5%, and 137.5%, respectively. Housing Markets.

Inventory 98

Inventory Raleigh Phoenix Austin 98

Pro Builder

FEBRUARY 7, 2022

Record High Share of Houses for Sale Are New Construction. As housing demand surges and inventory dwindles, the share of newly built single-family homes for sale in December made up one-third of total housing inventory, up 25.4% By the end of December 2021, overall inventory dropped 14.2%

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Housing Inventory Construction 105

Pro Builder

AUGUST 15, 2022

In an Effort to Boost Inventory, Builders Are Stalled by Rising Construction Costs. The mid-pandemic housing boom is tapering off as inflation and elevated interest rates make homeownership increasingly unaffordable for a growing number of Americans, but despite softening demand, home prices are still on the rise.

Inventory 98

Inventory Zoning NAHB Construction 98

Pro Builder

DECEMBER 1, 2020

New-Home Inventory at Three-Year Low as Sales Outpace Construction. The historic margin of new-home sales versus construction starts from the end of summer are continuing to affect overall new-home inventories. Inventories for new homes are now at a three-year low. cbroderick. Tue, 12/01/2020 - 10:47. Sales are up 20.6%

Inventory 85

Inventory NAHB Construction Housing 85

Pro Builder

SEPTEMBER 16, 2021

Could the Fall Season Bring a Cooler Housing Market? August welcomed slower housing price growth and increase in inventory, prepping the cooler fall season for a cooler housing market. Available housing inventory continued its upward trajectory for the fourth straight month, rising 4.1% cbroderick.

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San Diego Housing San Francisco Inventory 98

Pro Builder

JANUARY 20, 2022

Two Years Into Low Inventory and Rising Prices—And Still No End Is in Sight. Buyers are headed into the second straight year of a record-breaking housing market. My pessimistic view is that the economy is perfectly capable of running with unaffordable housing,” said Daryl Fairweather, the chief economist at Redfin.

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Inventory Housing New York Sustainability 98

Pro Builder

JULY 29, 2022

Can Rising Mortgage Rates and Waning Competition Counterbalance Housing Affordability? The Fed’s inflation control strategy is proving to be a double-edged sword for priced out buyers who have struggled to find affordable homes in their respective housing markets over the last several years. We’re seeing inventory up.

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Housing Inventory Washington Roads 98

Pro Builder

AUGUST 23, 2022

What a Housing Recession Means for Buyers and Sellers. At the start of the year, the housing market showed no signs of slowing after two years of persistent price hikes and steady demand, but halfway through 2022, experts say that homebuying boom is giving way to a housing recession. Tue, 08/23/2022 - 10:27.

Housing 98

Housing Inventory Contract 98

Pro Builder

NOVEMBER 5, 2021

Labor Shortage Causing Housing Crisis Across U.S. A lack of skilled construction labor is a major limiting factor in the race to provide greater housing inventory and improve affordability in a tight market. . Fri, 11/05/2021 - 09:46. A skilled labor shortage across the U.S. A skilled labor shortage across the U.S.

Housing 119

Housing NAHB United States Inventory 119

Pro Builder

MAY 9, 2022

A Housing Slowdown Could Define the Spring Market. After years of rising annual home price appreciation surpassing even mid-2000s housing bubble benchmarks, prices will finally begin to decelerate during the spring market, Zillow reports. Mon, 05/09/2022 - 10:18.

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Housing Bargains Inventory Environment 98

Pro Builder

DECEMBER 1, 2022

Is the Housing Market Becoming More Buyer-Friendly? Home prices are moderating and buyers are regaining bargaining power in a market correction, but a lingering affordability crisis is keeping some house hunters glued to the sidelines. Thu, 12/01/2022 - 10:30. The latest S&P CoreLogic Case-Shiller U.S. 20-city price index revealed a 1.2%

Housing 98

Housing Bargains Inventory Roads 98

Pro Builder

JULY 8, 2022

The Fed Has Successfully Kickstarted a Full-Blown Housing Correction, but What Happens From Here? The housing market is going through a period of rapid transformation, but what does that mean for buyers in the long run? housing market into cool-down mode. That was before spiking mortgage rates kicked off the housing correction.

Housing 98

Housing Inventory 98

Pro Builder

JANUARY 12, 2023

Housing Market Shows First Signs of Normalizing in 2023—Here’s What That Means for Homebuyers. Sidelined buyers who have been waiting for price reductions and a boost in for-sale inventory may find opportunities for homeownership in 2023. saw the biggest increase in active inventory, up 226.2% Thu, 01/12/2023 - 11:45.

Inventory 98

Inventory Housing Raleigh Bargains 98

Pro Builder

JUNE 2, 2022

The Housing Market Is Hitting a Turning Point, but Where Will It Go From Here? Home sales are slowing, asking prices are dropping, and—believe it or not—inventory is rising. The number of new listings rose 8% in May, the first gain since June 2019, though inventory remains at a historic low nationwide, Realtor.com reports.

Housing 98

Housing Inventory Finance 98

Pro Builder

APRIL 12, 2023

Which Housing Markets Are Seeing the Biggest Inventory Gains? while inventory rose 177% on an annual basis. Prices were also unchanged year-over-year in Georgia, but inventory was up 80.1% Along with posting the largest monthly change in active inventory (19.5%), Denver also saw a 103.3%

Inventory 52

Inventory Housing Jacksonville Denver 52

Pro Builder

JANUARY 3, 2023

As demand skyrocketed while housing supply remained historically low, home prices soared to an all-time high of $430,365 in May, and median rent prices also reached a record high of $2,053 in August. As mortgage rates rose alongside inflation, more buyers decided to stay put, allowing inventory to increase.

Housing 98

Housing Inventory 98

Pro Builder

MARCH 8, 2022

Housing Markets. Rising home prices and a lack of inventory have pushed the Denver and Colorado Springs metros into the top 10 most unaffordable housing markets in the U.S., Colorado as a state had the fifth most competitive housing market in the country in February, with 58.4% Housing Markets. Housing Markets.

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Denver Colorado Metro Housing 98

Pro Builder

AUGUST 31, 2021

Why We Won’t See a Housing Market Crash. A growing list of doomsayers point to the shifting market as taking us one step closer to a bursting housing bubble. In their minds, housing went up too fast and now must come back down. In their minds, housing went up too fast and now must come back down. Tue, 08/31/2021 - 10:34.

Housing 98

Housing Inventory US 98

Pro Builder

NOVEMBER 1, 2022

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

Housing 98

Housing Inventory NAHB New York City 98

Pro Builder

APRIL 5, 2021

If Home Prices and Inventory Weren’t Enough, Buyers Now Struggle to Get Mortgages. Mortgage credit availability has reached near its lowest level since 2014, adding another hurdle for prospective buyers on top of low inventory and rising home prices. cbroderick. Mon, 04/05/2021 - 08:49. This is a 9% increase from 2019.

Inventory 85

Inventory Finance Office Housing 85

Pro Builder

MARCH 15, 2023

Which Housing Markets Are Home to the Lowest For-Sale Inventory? Total housing listings reached 945,612 in February, and while that’s up 13% from one year ago, it’s still below the 1 million benchmark that housing experts had hoped to see ahead of the spring buying season, Realtor.com reports. In Clark County, Nev.,

El Paso 52

El Paso Inventory Housing Chicago 52

Pro Builder

JUNE 17, 2021

Million More Units to Close Housing Gap. With the release of a new report that found the housing market needs 5.5 million more units, the National Association of Realtors (NAR) is calling on lawmakers to green-light housing investments in an infrastructure package. housing markets needs 2 million single-family homes, 1.1

Housing 111

Housing Estimating Inventory Banking 111

Pro Builder

NOVEMBER 1, 2021

Housing Market. Though housing demand will likely remain high into 2022, more inventory and low interest rates could create a more balanced market, according to Forbes Business Council. So, what has the potential to shift the market and create a more balanced housing supply? Housing Markets. month supply of homes.

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Housing Inventory Statistics Income 97

Pro Builder

SEPTEMBER 24, 2021

Next Year’s Housing Market Will Be Boring. While supply-chain problems and some inventory constraints are likely to persist into next year, both buyers and builders seemed to be getting more comfortable with the current environment. Fri, 09/24/2021 - 10:42.

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Housing NAHB Inventory Bidding 105