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Bay Area Tech Workers Flee to Lake Tahoe, Dramatically Reducing Housing Supply

Pro Builder

Bay Area Tech Workers Flee to Lake Tahoe, Dramatically Reducing Housing Supply. Lake Tahoe, a peaceful retreat on the edge of California and Nevada, has been swarmed with tech workers fleeing the dense, pricey San Francisco area. cbroderick. Thu, 07/30/2020 - 09:26.

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Inventory Shortage, Rising Prices Affect Luxury Market

Pro Builder

Inventory Shortage, Rising Prices Affect Luxury Market. The luxury home market has experienced the same buying frenzy seen in the middle and lower ends of the market, resulting in rising home prices and fast-moving inventory. cbroderick. Thu, 07/29/2021 - 10:29. In May, a $28 million 1.26-acre In May, a $28 million 1.26-acre

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Which Housing Markets Are Seeing the Most Deceleration?

Pro Builder

Which Housing Markets Are Seeing the Most Deceleration? A housing slowdown isn't affecting all regional markets equally. Low inventory has been a driving factor of record-high home prices throughout the last several years, but between March 26 and May 7, nationwide inventory levels rose 10%, according to Fortune.

Housing 52
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Home Prices Rise at the Fastest Rate on Record

Pro Builder

After nearly two years of relentless gains, home-price growth gradually decelerated in the fall of 2021, but constrained inventory and uninhibited demand led to sharp price increases at the start of 2022. It’s that kind of exuberance that led to past housing downturns.”. We should not see rapid upticks in prices as mortgage rates rise.

Tampa 105
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Builders Pause New Projects as Home Sales Slow, but Experts Say the Time to Build Is Now

Pro Builder

Regional builders are holding off on new construction projects as buyer demand dips, but experts worry that delayed development will add to a decades-old housing shortage . A decades-old housing shortage has left the U.S. A decades-old housing shortage has left the U.S.

Sewer 98
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What Was September Like in Denver, Las Vegas, and San Diego?

Pro Builder

Inventory in San Diego is at an all time low, whereas inventory in Denver is up 107% (about double) from the all time low in March of this year. Las Vegas inventory is up 74% from the record low in April. Months of inventory increased to 0.76 Months of inventory increased to 0.76 Housing Markets.

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Supply Is Increasing, but Prices Aren’t Falling in This Overheated Metro

Pro Builder

Active inventory posted a steady 11.9% year-over-year gain in active inventory, Bill McBride reports in the CalculatedRisk Newsletter. year-over-year gain in active inventory, Bill McBride reports in the CalculatedRisk Newsletter. Read more Housing Markets Market Data + Trends Housing Markets That’s up 2.8%

Metro 52