Inventory

Regional Spotlight: Home Prices Expected to Rise 3.2% in Northern Virginia

December 20th, 2021
Less frenetic but still fast paced is the prediction for the 2022 housing market in Northern Virginia, which echoes national expectations, according to the Northern Virginia Association of REALTORS® (NVAR) in its annual forecast produced in conjunction with George Mason...

Reverse Mortgage Market Rallies Amid Current Market Conditions

June 20th, 2022
As aging in place has taken hold among older generations, experts say that the current market conditions have laid the groundwork for what is already shaping up to be a robust reverse mortgage market. “With record levels of homeowners equity...

Year-End Outlook: Buzzing Home Sales Activity Poised for a Change in 2022

December 21st, 2021
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022.  Home sales have shined over the past two years since the...

Existing-Home Sales Slip in May Under Rising Mortgage Rate Environment

June 21st, 2022
Rising mortgage rates—and subsequently the widening affordability gap—have sent ripples throughout the housing market that the National Association of REALTORS® (NAR) suggests have kept existing home sales on a downward track in May. Sales of previously-owned homes slid by 3.4%...

5 Strategies for Success With Low Housing Inventory

December 27th, 2021
Rising home prices can mean higher commissions for real estate professionals, a low inventory housing market means that competition will be fierce. It is likely that you will have to compete against other real estate professionals to be a particular...

Housing Affordability Drops to 15-Year Low Under Prices and Mortgage Rates Surge

June 21st, 2022
If real estate professionals are starting to see more apprehension among buyers in their respective markets, it’s not without reason. According to recent data released by Zillow, buyer demand has retracted in recent months in response to the record-low affordability...

Builder Confidence High Despite Continued Supply and Affordability Challenges

October 18th, 2021
Builder confidence grew in October despite market challenges such as dwindling affordability due to increasing supply pricing and ongoing shortages. For single-family homes, builder sentiment increased four points to 80, according to the National Association of Home Builders (NAHB)/Wells Fargo...

Regional Spotlight: Florida Sees Higher Levels of Market Activity in November

December 27th, 2021
Florida’s housing market reported more closed sales, higher median prices, more pending sales and continuing tight inventory levels in November compared to a year ago, according to Florida REALTORS® latest housing data. Closed sales of single-family homes statewide last month totaled 27,541,...

How to Generate Listings Despite a Tight Housing Supply

June 23rd, 2022
The lull in available homes for sale continued to be the crux of many of the challenges plaguing buyers and real estate professionals alike. Despite gradual growth in the housing stock, agents and brokers argue that it’s not enough to...

Regional Spotlight: Affordability Tightens in Florida, and All-Cash Sales Trend Higher

October 22nd, 2021
Florida’s housing market reported higher median prices, a rise in all-cash sales and constrained inventory levels in September compared to a year ago, according to Florida Realtors® latest housing data. “The September data shows that while median prices are well...
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