by RealtyBizNews | Dec 6, 2021 | active home listings, home listings, homes for sale, housing, housing inventory, housing stock, Real Estate News
American housing inventory is officially at crisis level, according to a new report. Redfin revealed this week that the number of active listings in the U.S. housing market hit an all time low on November 28, down a whopping 23% from the same period one year ago....
by RealtyBizNews | Jun 25, 2021 | existing home sales, home inventory growth, Home Sales, housing inventory, may 2021, National Association of Realtors, Real Estate News
Strong buyer demand coupled with limited housing inventories saw sales of existing-homes fall for the four month in a row in May. Existing home sales were down 0.9% compared to the month before, though they will still up 44% on a year over year basis, according to the...
by RealtyBizNews | Jun 23, 2021 | home appreciation, home inventory growth, home inventory rebound, homes for sale, housing, housing inventory, Real Estate News, Zillow, Zillow market report
Home inventory rebounded slightly last month amid torrid growth in the housing market, according to the latest Zillow Market Report. Home values continued to rise last month, breaking new records while the typical time on market has fallen to just six days. At the...
by RealtyBizNews | Jun 16, 2021 | housing, housing inventory, housing market forecast, housing stock, Real Estate News, zillow survey, zoning regulations
A panel of housing industry experts surveyed by Zillow say that a relaxation of zoning rules would be the most effective way of increasing inventory in the housing market. Housing inventory is currently at historic lows, and the same panel of experts believes that...
by RealtyBizNews | Jun 1, 2021 | above asking price, days on market, Home Sales, housing inventory, inventory shortage, median home prices, News, Real Estate News, Redfin survey
The ongoing housing inventory crunch in the U.S. has forced numerous home buyers into bidding wars on the few available listings they can find, and as a result, more than half of all existing homes sold for above their list price in the four-week period ending May 23....
by RealtyBizNews | Jan 27, 2021 | homeowner tenure, homeowner tenureship, housing inventory, Real Estate News, Residential, US Real Estate
Around 25% of American homeowners have lived in their homes for 20 years or more, and the trend could be contributing to the shortage in housing inventory, experts say. Redfin said its latest study shows there are now more U.S. homeowners with a 20+ year tenure of...