The year ends on a similar note to how it began. Low inventory seems to be the name of the game once again. The market has definitely softened here in Southern California. The latest figures reflect a shift from the blistering hot first half of the year. Last month sales fell by 10 percent.
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An uptick in existing-home sales in the final three months of 2017 pulled down housing inventory to an all-time low and kept home-price growth at its recent robust pace, according to the latest quarterly report by the National Association of Realtors, out Tuesday.. Mortgage masters group nmls.
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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.
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Mark Allen is a seasoned Toronto REALTOR® with Royal LePAGE Signature Realty, Brokerage and comes from a background in the Financial & Automotive Industry where he worked closely with the management suite and amongst the bulls for some of Canada’s biggest players, most notably one of Canada’s largest investment fund companies on Bay Street.
RESEARCHERS AT REAL-ESTATE data keeper CoreLogic estimate that, through February, prices in 26 states and the District of Columbia had rallied within 10% of their all-time highs. in the wake of the.
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There’s strong demand for residential real estate, but inventory isn’t keeping pace. What’s causing the imbalance, and how it’s impacting the market.. an all-time low, according to the.