Tag Archives: Inventory

According to a recent report from Ten-X, how does the state of housing weigh in against slow wage growth and a shortage of home inventory?

The top and bottom core-based statistical areas (CBSAs) are out for September. Not all trends experienced in the CBSAs are reflective of what's occurring in the markets on a more localized scale, though.

Some of the hottest housing markets may be slowing down, while those that have been slow to rebound are finally heating up.

CoreLogic published its monthly National Foreclosure Report with data from June 2014, which indicates that foreclosure inventory is down 35 percent from June last year. Foreclosures fell from 54,000 to 49,000 on a year-over-year basis. The report further indicated that foreclosure ...

Existing-home sales rose in May at their highest monthly growth rate in years as inventory continued to expand, the National Association of Realtors(NAR) reported. According to NAR, total existing-home sales—representing completed transactions of single-family homes, townhomes, condominiums, and co-ops—jumped 4.9 percent last month to a seasonally adjusted annual rate of 4.89 million.

Florida's housing market had more new listings, an increase in median prices, and an uptick in inventory in May, according to Florida Realtors. Completed sales of single-family homes totaled 23,013 across the state, an increase of 3.6 percent over the May 2013 figure.

Black Knight Financial Services released its "First Look" at May Mortgage data, which found that foreclosure inventory declined to its lowest level since July 2008. As a percentage of total inventory, foreclosure pre-sale inventory is 1.91 percent, down 5.56 percent month-over month.

The National Housing Report from RE/MAX found that for the third month in a row, home sales in May rose higher than sales in the previous month. May sales were 11.5 percent higher than in April, but stubbornly remained below the same period last year by 9.9 percent.

Serious mortgage delinquencies fell in Colorado from the fourth quarter of 2013 to the first quarter of 2014, according to the Colorado Division of Housing. Mortgage delinquencies of 90 days or more fell to 1.3 percent in the first quarter, down from 1.5 percent to close out 2013.

The housing market took an unexpected dip in May, with home sales dropping year-over-year despite a surge in new listings. A report published by Redfin's Research Center indicated that home inventory was up 9.1 percent in May. That number represents the highest number of new listings to come onto the market in the last four years.