Housing Wire
JANUARY 16, 2024
Redfin attributes these divides to a variety of factors , the most salient of which is that over half (54%) of baby boomers who own homes have no mortgage and those who do have a mortgage have a much lower interest rate than the rate they would end up with if they sold and bought today. This gives baby boomers very little incentive to sell.
Housing Wire
MAY 9, 2022
Home-price growth has seen many levels post-1996; the reality is that demand has been stable enough to keep inventory at bay (outside the housing bubble credit boom and bust). The housing crash premise that home prices have to go back to 2012 levels is crazy. Bond yields and rates took off from that point.
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Eppraisal
APRIL 12, 2022
The current real estate market is like no other in history in there is a lack of inventory of homes being listed for sale. According to an article in Keeping Current Matters, "A balanced real estate market's inventory sits around 6 months. Gen Z members were born between 1997 to 2012.
Cornerstone
MARCH 12, 2021
The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. A prospective home seller is looking at a great opportunity to sell rapidly and at a lucrative price. If there’s a surge of foreclosures, will home values start to decline?
Empire Appraisal Group
OCTOBER 28, 2021
On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. But … home price growth will decelerate in the coming year, experts predict. “And Why home price growth will slow. Two economies.
Houston Properties
JANUARY 12, 2022
The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions. Original Sale: 2012. With higher home values come higher rental rates. Geo Market Area: Westchase.
Will Springer Realtor
AUGUST 11, 2023
While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. homes shy of what’s needed today. It may take decades to backfill stock, which is said to be roughly 4.5M
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