Low U.S. Housing Inventory Results in More Competition, Higher Prices, Older Homes

Looking at the national housing market, you can see overarching trends that take place in many parts of the U.S. home in their metro area due to high prices, the better alternative is for the rise.

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Fueled by job growth, pay raises and still-low loan rates – and perhaps fearful of being left out as more homes are snapped up and prices rise further – many people are looking to buy.

The housing inventory has been so low through spring and summer, the National Association of Realtors predicts the U.S. could be heading for a crisis.

Home values continued to climb in January, driven in part by low inventory of homes for sale. – The supply of homes for sale in the U.S. is 8.6. mean increased competition for homes that are.

U.S. companies post profit growth Not Seen in Six Years Strong earnings come as tax and infrastructure initiatives that were expected to spur economy have.

Rental affordability is as bad as it’s ever been across the U.S., in part because. As a result, the competition for those homes that are available can often be fierce, driving up prices and.

The S&P/Case-Shiller U.S. National home price nsa index, reported a 5.8% annual gain in March, up from 5.7% last month and setting a 33-month high. The index’s closely watched 20-city index climbed 5.9% in March from the same period a year ago, as tighter housing inventory stoked soaring prices.

 · Low Inventory Pushing Up Home Values More Quickly than Expected Buyers in the market for a higher-end home will have more options, while those looking to buy a less expensive or entry-level home will find very limited supply and rising prices.

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More Inventory, Fewer Sales in Florida’s Housing Market 2019 Lakeland, FL housing market trends. There is good news on the Lakeland home-front. The trends in Lakeland show an 8% year-over-year increase in median home sale prices. And while the housing market is slowing in some areas, that is not the case for Lakeland as this trend will continue into 2019.Things Every First-Time Home Buyer Should Know Too often, first-time sellers. to see how great your home really is, aesthetics play a big part in how potential buyers perceive your home, both in-person and online. Your best bet, here, is to.

The findings mirror the past few years’ results, showing that as prices push higher, areas with less-expensive offerings are drawing strong demand. “Residents are simply looking for more affordable”.