Pro Builder
NOVEMBER 24, 2021
Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Housing inventory could increase on a year-over-year basis during the winter months, but will still remain at historically low levels, says Bill McBride in the CalculatedRisk Newsletter. .
Pro Builder
APRIL 12, 2023
Which Housing Markets Are Seeing the Biggest Inventory Gains? year-over-year in Jacksonville, Fla., while inventory rose 177% on an annual basis. Prices were also unchanged year-over-year in Georgia, but inventory was up 80.1% Inventory in these markets were down 8% YoY in March 2022 and are now up 85% YoY!
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Pro Builder
MAY 31, 2022
Sun Belt metros are leading a resurgence in homebuilding as prices soar and inventory declines amid elevated demand from migrating buyers. Other sunny metros like Raleigh, Jacksonville, Nashville, and Charlotte followed closely behind, and other Texas hotspots like Houston and Dallas are also included in the top ten.
Pro Builder
JUNE 13, 2023
increased its inventory by 380 percent, going from having 382 single-family rentals in 2017 to 1,834 rentals in 2022. Jacksonville, Fla., These budding cities include Charlotte, N.C., that had 621% more BFR homes in 2022 (1,333 units) than in 2017 (185 units). Atlanta, Ga., 265%), and Tampa, Fla.
Pro Builder
AUGUST 20, 2021
There’s rebalancing in the for-sale market as well with inventory increasing for the third consecutive month and home value growth slowing in many of the largest markets. Inventory Rebound Continues. For-sale inventory, while still down 27.6% If there had been no pandemic, Zillow predicted rents would be 2.9% higher in Tampa.
Pro Builder
APRIL 16, 2021
That’s even lower than this past February when inventory fell 48.6%. Since Austin is the best market in the country it’s no surprise inventory declined there 72.7% Other metros with strong declines included Jacksonville, Florida down almost 71%, and Raleigh, North Carolina where homes for sale fell 70.3%. from last March.
Pro Builder
JUNE 12, 2020
But when it comes to land inventory strategies, most builders seem reluctant to rely on a “just-in-time” model to acquire land as needed for immediate construction. Certainly, publicly traded home builders have pivoted to land-light business models that allow them to forgo owning years’ worth of land inventory. In the Real World.
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