Inventory

Buyers Are Still Out There But Inventory Can’t Catch Up

November 5th, 2021
The fall real estate market has been relatively consistent compared to last year, but while listings continue to improve, growth has stumbled. New listings declined for the week, according to the latest realtor.com® Weekly Data Report for the week ended Oct....

Report: Inventory Down More Than 40% From Pre-Pandemic Level

January 20th, 2022
As the consumer shopping season wound down in December, real estate demand remained high amidst staggeringly low inventory. Zillow’s latest market report showed housing inventory is down 40.5% versus December 2019—just a few months before the COVID-19 pandemic began. The...

Home Prices Continue Their Ascent

November 5th, 2021
The median home price for single-family properties and condos has increased to $294,488. And since the pandemic hit in March of 2020, there’s been significant property appreciation across the board, with home values increasing, on average, by more than $41,000,...

Broker Confidence Dips Slightly in January Amidst Inventory and Pandemic Concerns

January 27th, 2022
Editor’s note: On a monthly basis, we will be checking in with more than 3,000 of the U.S.’s top residential real estate brokers to gauge their confidence in their own business and the overall market, on a scale from 1...

Existing-Home Sales Down YoY, But Monthly Increases Show Low Inventory Not Holding Buyers Back

November 22nd, 2021
Existing-home sales, recording a seasonally adjusted annual rate of 6.34 million in October, bumped down 5.8% compared to last year, according to the latest data from the National Association of REALTORS® (NAR). While they’re lagging behind on a yearly basis,...

Video: Anthony Lamacchia Tackles What to Expect in 2022

January 28th, 2022
The 2021 housing market was raging hot as supply-demand imbalances and pandemic-induced factors contributed to another year for the record books in real estate. With 2022 now in full swing, there are many questions and predictions circulating about what real...

Regional Spotlight: Florida’s Median Prices March Forward

November 26th, 2021
Florida’s housing market showed higher median prices, more cash sales and tight inventory levels in October compared to a year ago, according to Florida REALTORS® latest housing data. “In markets across the state, the for-sale inventory continues at low levels,...

Homebuyer Demand Rose Nationwide in December, Capping a Historic Year

January 31st, 2022
A record-breaking 2021 ended with an 11.5% jump in home-showing traffic, and despite Inventory issues in some markets, the ratio of showings per listing remained high in the busiest markets, according to the latest data released this week from ShowingTime. The...

Commerce Department Moves to Double Lumber Tariffs, NAHB Responds

November 29th, 2021
The U.S. Commerce Department moved forward with an administrative review to double the tariffs on Canadian lumber shipments into the U.S. from 9% to 17.9%. Chuck Fowke, chairman of the National Association of Home Builders (NAHB), issued the following statement...

Broker Confidence Continues to Slide in a Tumultuous February

February 28th, 2022
The inventory crunch in residential real estate has become palpable among brokers, according to RISMedia’s February Broker Confidence Index (BCI) survey results. And it’s starting to take its toll on the sentiment of real estate professionals. The monthly survey asks...
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