Historic Inventory Shortage Across U.S., realtor.com Reports
Inventory on a nationwide basis is low; in fact, shortages are at their worst in 20 years. What is the current market climate? Looking at the first six months of 2018, inventory listed on realtor.com® is 18.2 percent lower than it was during the same period of 2015....
Homes by the Millions ‘Missing’ Thanks to Underbuilding
With building halted in the recession and construction at insufficient levels since, there is a 6.3 million deficit in the housing stock, according to an analysis newly released by Zillow. From 2008 on, there have been 1.9 approved building permits (single-family) per...
Inventory: Is the Drought Easing?
When it comes to the housing market, the conversation has been dominated by pricey properties and short supply—but, under the radar, there has been an improvement in inventory, according to realtor.com®’s recently released July 2018 Monthly Housing Trend Report. The...
Realtor.com: Early Signs of a Slowdown
Home prices and sales are at their speediest yet, but there are indicators of tempering, according to data from realtor.com®. In May, listings were at a median $297,000, which is 2 percent higher than in April and 8 percent higher than in May 2017. Annual growth,...
How to Convert More Buyers to Sold in a Fast Market
Panicked due to lack of inventory? Frustrated by losing sales to the competition? Cleve Gaddis recently shared 12 tips to help buyer's agents create more sales by providing greater value.
Read them here.
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