Many real estate markets have been plagued by a lack of homes for sale for several years, but things are changing with inventories across the nation finally showing an uptick last month. According to Zillow’s October Real Estate Market Report, the amount of homes for sale in the U.S. rose by 3 percent last month, […]
Home construction decline means 6 million homes are “missing” from U.S. markets
August 16, 2018 by
The alarming shortage of housing inventory can be blamed on a downtrend in new home construction that began in the wake of the Great Recession last decade, according to a new Zillow analysis.
Lawrence Yun says a new housing crash is unlikely to happen soon
August 9, 2018 by
Numerous experts in the last few months have warned that real estate is facing the prospect of a major slowdown in home sales, or even a crash, due to rising prices and reduced buyer demand.
Housing inventory shows signs of bouncing back
August 1, 2018 by
The National Association of Realtors says it’s optimistic the dwindling home sales that have plagued the real estate market this year could be about to reverse course in the coming months.
NAR economist Yun calls for new home construction to solve the inventory crisis
June 14, 2018 by
Unemployment rates are at their lowest level since 2000, while the economy is by all accounts running strong. But although these conditions might normally seem ideal for the real estate market
Home sales fall again as low inventory leaves buyers with fewer options
May 30, 2018 by
Existing home sales have failed to gain much traction in the past month, according to a new report from the National Association of Realtors released last week.
New household formation fails to keep up with population growth
April 27, 2018 by
The United States should be adding around one million new households each year if it follows current population trends, but that’s not happening according to a new report by Freddie Mac economists.
Home buyers growing increasingly desperate as inventory whittles away
April 11, 2018 by
A growing number of home shoppers are becoming so frustrated with today’s seller’s market that they’re making more aggressive moves in order to find a property that meets their requirements.
Granny flats on the rise as cities battle against inventory shortage
January 18, 2018 by
So-called “granny flats”, which generally means specialized housing units for older in-laws, are seeing their popularity surge in a number of housing-starved areas across the country, according to media reports.
Housing density concerns rise as developers look to relieve inventory shortage
December 11, 2017 by
Some of the U.S.’s biggest metro areas have a shortfall in the number of available, affordable homes. With cities struggling to keep up with demand, some developers are planning to get around it by razing larger, single-family homes in order to build smaller properties, closer together. However, some city residents are unhappy with the idea, […]
