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Tag Archives: Housing Inventory

California Bill Would Allow More Housing Near Transit Stops

Like many parts of the country, California is facing a crisis of housing availability and affordability. According to the California Department of Housing and Community Development, 97.6 percent of California cities failed to meet their affordable housing goals in 2017. ...

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Rebuilding and Rethinking

With 2018 on the horizon, the mortgage and servicing industry is taking stock of what’s come before and bracing to meet the obstacles—and the opportunities—lying ahead.

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Rebuilding and Rethinking

With a new year on the horizon, DS News spoke to half a dozen industry insiders to ascertain the big picture of what 2018 holds for the industry, how the landscape is changing, and what missteps are better left in the rearview as we move forward.

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Home Sales Prices Remain Strong on East Coast

A new Bright MLS Housing Market Update takes a look at the state of the market in two major East Coast metros: Washington, D.C., and Baltimore, Maryland. How is the housing market faring in these two East Coast hubs?

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The Hurdles of Housing Inventory

Housing inventory is historically low, and it’s driving up home prices—and demand—across the country. But what’s causing the shortage and how can the market overcome it? New data has some answers.

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Do Rising Prices Indicate Another Crash?

Home prices have hit record highs once again, according to a national price index released today. And with high demand and tight inventory, they’re likely to keep rising for the foreseeable future. So, how long do we have until the bubble bursts? Today’s index has some answers.

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Tight Inventory Drives Apartment Demand Sky-high

As housing inventory continues to tighten, would-be homeowners are being driven toward renting—and the apartment market is struggling to keep up. According to a new study, the U.S. will need 4.6 million new apartments by 2030 in order to keep up with demand—or 325,000 every year. About 1 million new renter households were formed every year over the last five years. This steep jump is caused, in large part, by consumers delaying housing purchases. Aging and changes in consumer sentiment have also played a role, according to experts.

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