article thumbnail

Forbearance Exits Expected to Add Inventory

Pro Builder

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.

article thumbnail

New Construction Hits Record Highs as Inventory Posts Record Lows

Pro Builder

New Construction Hits Record Highs as Inventory Posts Record Lows. Active listings fell 47% during the four-week period ending April 11, reports The Washington Post. cbroderick. Thu, 05/06/2021 - 09:48. The housing shortage worsened in April by reaching a new low, but March’s increase in new construction could bring much needed relief.

Inventory 105
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. 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. .

article thumbnail

Housing Inventory Shows Promising Signs of Potential Rebound

Pro Builder

Housing Inventory Shows Promising Signs of Potential Rebound. Housing inventory began to show its first signs of a rebound in March when stock took a much shallower dip and even increased from February in some markets. For-sale inventory dropped 1.1% For-sale inventory dropped 1.1% cbroderick. Fri, 04/23/2021 - 10:10.

article thumbnail

As Spring Buying Season Approaches, Inventory Drops

Pro Builder

As Spring Buying Season Approaches, Inventory Drops. Buyers entering the housing market in the spring buying season will face difficulties as housing inventory dropped nearly 50% compared to 2020. The Washington Post reports the number of homes for sale in February 2021 was 48.6% cbroderick. Thu, 03/25/2021 - 10:09. percent).

article thumbnail

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

article thumbnail

Doosan Opens Distribution Parts Center in Washington

Construction Equipment

Doosan opened its second North American parts distribution center in Lacey, Washington. This distribution center triples the company’s parts inventory, benefitting dealers and customers in the Western U.S. and Canada, according to the company. The Lacy facility is designed for genuine Doosan parts…