US Real Estate

Covid-19 vaccine rollout could lead to higher inventories and lower prices

By Mike Wheatley | January 15, 2021
Covid-19 vaccines are now being rolled out in the U.S., and their introduction could soon impact on the trajectory of the housing market, experts say. Some say that more housing inventory will arrive on the market in the coming months as the vaccination campaign gathers momentum. They believe that many would-be home sellers are delaying […]
Home Buying, US Real Estate

U.S. housing inventory down 20% in February

By Mike Wheatley | March 11, 2020
February saw noticeably fewer homes come onto the market compared to the previous year, and the lower inventory is fueling price rises across the country. That’s according to realtor.com’s February Housing Trends report, which has economists warning of an especially competitive spring home buying season. All told, housing inventory in the U.S. has fallen by […]
US Real Estate

Freddie Mac says the U.S. needs at least 3.3 million more homes

By Mike Wheatley | March 6, 2020
Home buyers are struggling to find an ideal property to buy due to a shortage of inventory across the nation, and things will likely get worse before they improve, according to a new study by Freddie Mac. Freddie Mac’s study reveals that there is a shortage of 3.3 million homes in the U.S. It puts […]
Home Builders/Developer's, US Real Estate

Future housing permits at their highest level in 13 years

By Mike Wheatley | February 25, 2020
January saw total housing starts fall by 3.6%, but economists were more focused on home building permits, which are a gauge of future house building. And what they saw left them upbeat about what could be coming, as housing permits rose to their highest level since March 2007. Even so, the dip in housing starts […]
Featured News, Home Sales, Real Estate

Buyers set to struggle as U.S. housing inventory hits record low

By Mike Wheatley | February 13, 2020
Housing supply in markets across the country is in extremely short supply, so much so that home buyers may well find it difficult to find a suitable property this spring. Indeed, the country’s existing housing supply declined by its steepest year-over-year decrease for 4 years in January, falling by 13.6%, according to realtor.com. The supply […]
Featured News, Multifamily, Real Estate

Young buyers seek multifamily homes as housing inventory shortage bites

By Mike Wheatley | January 29, 2020
As real estate markets struggle with low inventories of homes for sale, some buyers are opting to investing in multifamily properties instead of buying a single-family home, the Washington Post reports. The advantage of doing so is they can live in one of the units and rent out the others to help with mortgage costs […]
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 […]
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