Pending home sales tumble to a 3-year low as housing 'crisis. – NAR called the lack of housing-market inventory a "crisis" when it reported on existing-home sales in January. Realtors are seeing lots of traffic, the industry group said, even as the number of available listings at the end of January was at an all-time low for the month and 9.5 percent lower than a year earlier.
Texas Association of Realtors – HousingWire – If they weren’t already struggling enough with today’s tight market, housing inventory now sits at an all-time low. According to the Texas Association of Realtors, this could become a larger.
A reasonably robust economy and low mortgage interest rates have not been enough to push home starts higher, in part due to the limited availability of buildable lots, a housing. director for real.
For Buffalo Niagara homebuyers, slim pickings mean higher prices – The number of homes for sale is at a 20-year low, which is creating competition for well-kept homes in desirable neighborhoods. With demand high and mortgage rates still under 5 percent, homes are.
Low interest rates. Interest rates remain at an all-time low, amid a supportive monetary policy stance. The 30-year fixed home mortgage rate has stayed below four percent for the most part since 2015 and averaged 3.77 percent in August 2017.
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Housing – Building Permits – Tandy On Real Estate – Housing starts Freddie Mac reports, “Housing starts averaged 1.25 million in 2018. Due to the recent increases in building permits, we anticipate that total housing starts will gradually increase over the next two years with most of the growth coming from single-family housing starts.
Existing Home Sales vs. Housing Supply – DSNews – "Since nar began tracking this data in May 2011, the median days a listing was on the market was at an all-time low in April, and the share of homes sold in less than a month was at an all-time.
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Tight inventory and low mortgage interest rates, which recently have risen to about 4.6 percent, continue to drive demand for housing, the report shows. Inventory of less than six months’ worth represents a seller’s market. Texas inventory was at 4.1 months, while san antonio reported 5.1 months of inventory.
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Realtors In Leawood | Real Estate Info and Market Updates. – Checking The Pulse Of The Kansas City Real Estate Market. The latest Kansas Association of Realtors state-wide real estate stats (covering the month of February) indicate further improvement in both average sales prices and in the volume of homes sold (closed).