The Inventory Problem: Causes, Consequences and the Future for Housing. National Association of REALTORS A review of Wisconsin inventory levels paints a similar picture with inventories continuing to tighten between 2016 and 2017.. which is only about 0.6 percent above the all-time low.
U.S. Housing Inventory Crunch Continues. List Your House Today!Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes.Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand [.]
With recent changes to the current Federal Reserve Monetary Policy, a decline in the stock market, a surplus of available jobs, all-time low unemployment rates, not enough affordable housing to accommodate a huge millennial population, and high consumer debt, the real estate market may seem unpredictable in 2019.
As Existing Home Sales Fall to 3-Year Low, Is Now a Good Time to Buy?. 2018 was a rocky year for real estate.. Total housing inventory at the end of December decreased to 1.55 million, which.
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Housing inventory began to dwindle starting in early 2012 as hedge fund investors and private equity firms purchase single-family homes in hopes of renting them out while waiting for a housing rebound. Due to the policies of QE3, mortgage interest rates have been hovering at an all-time low, causing real estate values to rise.
New housing construction rose in August, boosted by the strongest pace of single-family home starts in more than two years that shows an improving U.S. real estate market. building permits cooled.
an increase of more than 1 percentage point from an all-time low in October, according to data compiled by Bloomberg. Higher loan rates “won’t be fun” for a fragile housing market, said Scott Simon,
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Realtors are seeing lots of traffic, the industry group said, even as the number of available listings at the end of January was at an all-time low for the month and 9.5% lower than a year earlier.