#housing-inventory
#housing-inventory
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fromBoston Condos For Sale Ford Realty
5 days agoPending Homes Sales In Boston Boston Condos For Sale Ford Realty
Pending-home sales slid in July despite improvements in housing supply, affordability and mortgage rates as buyers remained on the sidelines, the National Association of REALTORS® said. The pace of sales ticked 0.4% lower month over month and 0.7% lower year over year nationwide, NAR said, adding that the West was the only geographic region to see a monthly gain, while the Midwest and South were the only areas with annual increases.
Real estate
fromFortune
6 days agoNew home inventory is at its highest level since just before the housing market collapse that led to the Great Recession, but that doesn't mean it's the same market
U.S. housing inventory is rising, boosting buyer leverage, forcing builder discounts, slowing new construction, and putting downward pressure on prices.
fromwww.housingwire.com
1 week agoNew-home sales continue to slide in July, bringing down prices
As the pace of new-home sales slowed, inventory rose to 499,000 units at the end of July, up 7.3% compared to a year ago. On a monthly basis, however, inventory was down 0.6%. This supply represents 9.2 months of inventory at the current sales pace. With inventory rising and home sales slowing, the median sales price posted both monthly and yearly declines in July. The figure of $403,800 was down 0.8% month over month and 5.9% year over year.
Real estate
SF real estate
fromwww.housingwire.com
3 months agoSidelined homebuyers see opportunity in a possible recession
Majority expect recession but many see buying opportunities amidst it.
Personal motivations often outweigh economic concerns for home buyers.
Increasing housing inventory issues and budget limitations persist.
Survey reflects a mixed sentiment towards the current housing market.
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