Lack of Existing Home Inventory Slows Sales Heading into Fall [INFOGRAPHIC]
Some Highlights:
The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.
First-time homebuyers made up 31% of all sales in August.
Homes are selling quickly with 51% of homes on the market for less than …
Lack of Existing Home Inventory Slows Sales Heading into Fall [INFOGRAPHIC] Read More »
There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light on the reasons for the […]
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In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d […]
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The biggest challenge in today’s real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue (emphases added): Mark Fleming, First American’s Chief Economist “The underlying fundamental issue is an overwhelming lack of supply… The supply of […]
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