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Could the Fall Season Bring a Cooler Housing Market?

Pro Builder

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. The largest drop-offs were in Buffalo, San Diego and San Francisco. . cbroderick. Thu, 09/16/2021 - 10:56.

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

Pro Builder

What Was September Like in Denver, Las Vegas, and San Diego? 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. Housing Markets.

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Local Housing Markets Report Low Inventory in October

Pro Builder

Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Local housing markets reported low inventory for the month of October, and markets in Jacksonville, Miami, and San Diego even reached record lows.

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Almost 6,000 U.S. Homes Have Sold for at Least $100,000 Above Asking Price in 2022

Pro Builder

Buyers are upping the ante to secure fast-selling homes in a heated 2022 housing market. Elevated competition from rising mortgage rates and low inventory is driving up sale prices in popular metros like Los Angeles, where 718 homes sold for at least $100,000 above the asking price from January 1 to February 15, Redfin reports.

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These Mid-Pandemic Homebuying Hotspots Are Slowing at the Start of 2023

Pro Builder

Once red-hot housing markets like Denver and Las Vegas are now characterized by slowing sales and stagnant price growth in the midst of a market correction. Despite a sharp uptick in available housing supply, sales in these markets were down 47.6% Inventory in these markets were down 38% YoY in January and are now up 138% YoY!

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Single-Family Home Prices Up 14.6% in April Nationwide

Pro Builder

CNBC reports that the cities with the highest year-over-year price increases were Phoenix, San Diego, and Seattle, all of which posted more than 20% price advances. housing market is being driven in part by reaction to the COVID pandemic, as potential buyers move from urban apartments to suburban homes. Housing Markets.

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Is a U.S. Housing Bubble About to Pop?

Pro Builder

Housing Bubble About to Pop? may be in a housing bubble, and some believe that bubble is about to burst. After peaking to new highs this summer, home prices are beginning to fall as elevated mortgage rates whittle away at housing affordability and put a dent in homebuyer demand. Tue, 10/18/2022 - 10:16.

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