Amid a larger inventory drought and increasing mortgage rates, Realtor.com reported that October home prices held steady from the previous month. But is the number of homes actively for sale following suit?
Read More »Home / Tag Archives: Clare Trapasso
August Data: Home Prices Up After Two Months of Decline
In August, active inventory shrank compared to last year (-7.9%), despite an unusual increase from July in newly listed homes, signaling a potential return of seller activity heading into fall.
Read More »Low Inventory Hampering Would-be Buyers’ Housing Choices
"A lack of new sellers and homes for sale continues to limit buyers' choices and home sales. Many home sellers are likely future buyers too, which may be why a majority of would-be sellers report feeling 'locked in' to their current home because of a low mortgage rate, especially younger homeowners," said Danielle Hale, Chief Economist for Realtor.com.
Read More »Housing Inventory Making Quick Recovery
Buyers in some locations have been met with better-than-expected inventory numbers as inventory has recovered nearly 70% year-over-year.
Read More »