Tag Archives: short supply

Redfin reports that demand for vacation homes is down more than 50% from pre-pandemic levels, as the number of people locking in mortgages for second homes dropped to its lowest level since 2016 in February.

Remote work opportunities and the continued lack of housing inventory will likely keep Americans moving throughout 2022.

According to a new report from Redfin, the seasonally-adjusted number of homes for sale fell 18% year-over-year in November to an all-time low. This lack of the nation's housing inventory sent the median sale price up 15% to $383,100.  November ...

Fannie Mae’s ESR Group found that, despite the nation’s solid economic finish to 2021, inventory and inflation will dampen the housing forecast in 2022.

Nationally, median home prices rose to $294,488 in September, marking the sixth straight month of increases.

In Q3, home sellers earned record profits, as the median U.S. home price jumped 16% to $310,500, reaching levels not seen in a decade.

The nation’s housing supply remains a concern for first-time buyers being shut out of a market by accelerating price hikes.

Housing costs are cutting deeper into the pockets of Americans as mortgage payments near the least affordable they've been in years.

A new survey finds that homeowners who bought a home over the past 12 months were overwhelmingly satisfied.