Zillow attracts more criticism for selling homes to institutional investors

It’s fair to say that Zillow’s foray into the world of iBuying proved to be an unmitigated disaster, with the company forced to shutter the business due to its inability to flip homes for a profit. The company is at least making good progress in selling off its remaining inventory of homes. It said last

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Home buyers struggle with record low inventory

Home buyers have few properties than ever to choose from. In December the number of homes listed for sale in the U.S. dipped to its lowest ever level, below 700,000, realtor.com reported in its Monthly Housing Trends Report. At the same time, demand from buyers remains high, and that has resulted in more bidding wars

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Sales Market Tea Leafs With Different Messages This Spring

Four telltale trends emerged recently with clues of how the spring market is likely to unfold. But these trends point in different directions. 1. Home prices are slowly moving towards stability. 2. Mortgage applications rates are highly sensitive to interest rates. 3. New housing is both increasing and decreasing (multi family v. single family). 4.

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Zillow says home inventory has increased for the first time in 5 years

After falling for nearly four consecutive years, housing inventory has turned a corner, growing on an annual basis in four of the past five months, according to the January Zillow Real Estate Market Report. U.S. for-sale home inventory grew 1.2 percent year-over-year. There were 19,455 more homes for sale nationwide in January compared to a

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Freddie Mac: Home prices are up, inventory is down

The big talking point in real estate this year is housing affordability, thanks in part to an acute shortage of inventory available and rapidly rising home prices. Indeed, home prices have already surpassed the peak at the end of the last housing boom

Drop in Home Inventory Slows High Demand

The spring residential market is showing what happens when inventory is low and buyer demand is high. Bidding wars become common, buyers shift down from dream homes to what they can afford, and buyers at least temporarily walk away from the market

Redfin: Home Prices and Sales Posted Strong Gains as Supply Shortage Continued into March

U.S. home prices rose 7.5 percent to a median sale price of $273,000 in March as home sales made a strong showing, up 8.9 percent over last year, according to Redfin (www.redfin.com), the next-generation real estate brokerage.

Trulia warns of shrinking home inventories

A new report from Trulia shows housing inventories fell for the fifth straight quarter, pushing home affordability further out of reach for more Americans.

All Sold Up With Nowhere To Go

More home owners say now is a good time to sell, surveys show, but low inventories have them worried about what their next move would be.

Why So Many Low Inventories?

Just about every market in the US has seen home prices gain in recent months, while available housing stocks have taken a tumble. But why is it that just as buyer demand starts to pick up, inventories have fallen so low?

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