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Housing, Zillow

Home inventory grows almost 4% in May

By Mike Wheatley | June 23, 2021
Home inventory rebounded slightly last month amid torrid growth in the housing market, according to the latest Zillow Market Report. Home values continued to rise last month, breaking new records while the typical time on market has fallen to just six days. At the same time, rents across the U.S. are rising fast after stymied […]
Housing

Agents are using novel methods to plug the inventory gap

By Mike Wheatley | April 8, 2021
The low inventory of homes for sale is making life more difficult for some real estate agents, and in some markets there are twice as many real estate professionals as there are available listings. That means agents are fighting among themselves to get in on the sales action, and some are resorting to desperate measures […]
Home Sales, US Real Estate

Home buyers struggle with record low inventory

By Mike Wheatley | January 11, 2021
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 […]
Press Release

Majority of Realtors® Continue to Report Sellers Haven’t Lowered Listing Prices to Attract Buyers

By Press Release | April 30, 2020
More than 3 in 4 Realtors® currently working with sellers this week – 76% – reported their clients haven’t reduced listing prices to attract buyers, according to a new survey from the National Association of Realtors®. That’s up from 74% who said the same a week ago. “Nearly 70% of Americans have secure employment and […]
Home Sales, US Real Estate

Home inventory falls amid coronavirus outbreak

By Mike Wheatley | April 8, 2020
The amount of homes listed for sale in the U.S. during March fell by around 15.7% year-over-year, according to new data from realtor.com that illustrates the impact of the coronavirus pandemic. Still, the market isn’t entirely unhealthy, as the national median listing price was up 3.8% to $320,000 during the month. And those homes that […]
US Real Estate, Zillow

U.S. housing inventory falls to 7-year low

By Mike Wheatley | January 22, 2020
The number of home listed for sale in the U.S. has fallen to its lowest point in at least seven years, and the shortage appears poised to get worse before it gets better. Inventory fell 7.5% annually to its lowest level in Zillow data that dates back to 2013, according to the December Zillow Real […]
Home Buying, Home Sales, US Real Estate

Home buyers struggle with growing housing inventory shortages

By Mike Wheatley | October 11, 2019
More buyers are being tempted by the lower mortgage rates on offer this fall, but the rapidly shrinking inventory of affordable homes for sale means that few are able to find something suitable to buy, claims a new report from realtor.com. The result is more intense competition between first-time buyers and move-up buyers. Housing inventories […]
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