Remove 2019 Remove Inspection Remove Inventory Remove Realtors
article thumbnail

Low inventory creates challenging conditions in North Carolina’s housing market

Housing Wire

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We being outbound. “We

Inventory 287
article thumbnail

Santa Monica: An unexpected haven for first-time buyers

Housing Wire

In March, first-time buyers were responsible for 32% of sales, up from 26% in February and 28% a year prior, according to data from the National Association of Realtors. In addition to making buyers more prudent in their purchases, local real estate professionals also say interest rates are to blame for the area’s lack of inventory.

Buyers 354
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buyers are struggling to compete in the white-hot Cincinnati market

Housing Wire

Cincinnati is a great place to live,” said Julie Back , the executive sales vice president of Sibcy Cline Realtors. Although there is no doubt among local real estate professionals that demand is high in the Cincinnati housing market, agents say the area’s low inventory situation is only adding to the challenge facing consumers.

Buyers 369
article thumbnail

Homebuilders are at max capacity. And the housing shortage keeps widening

Housing Wire

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Meanwhile, existing-home sales plummeted by 19% in June year over year after declining by 20% in May, according to the National Association of Realtors. Taken by Felix Mizioznikov. Census Bureau , after jumping 20% in May.

article thumbnail

Anthony’s 2022 Predictions

Lamacchia Realty

The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. In fact, our REALTORS had multiple properties that had over 30 offers! Even though the inventory of homes for sale at any given time all year stayed lower than ever, it did not decrease sales overall.

Sellers 74
article thumbnail

5 Interesting Energy Corridor Real Estate Trends

Houston Properties

For questions, advice, Energy Corridor TX real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor the last four years. "The The Best Houston Realtor to Sell Your Home. Property inventories are shrinking.

article thumbnail

Southampton Houston Real Estate Trends

Houston Properties

Homebuyers benefit from the help of the best Southampton Houston realtor who knows how to navigate the neighborhood, its deed restrictions, and non-MLS inventory. The Best Houston Realtor to Sell Your Home. This is primarily due to the increasing demand and continued low inventory of Southampton Place homes for sale.