Housing Wire
OCTOBER 8, 2021
Homes remain much more affordable in 2021 than they were during the home price runup in 2005 and 2006, but the seven-month trend in deteriorating affordability is starting to gradually slow demand. Renovated Inventory to the Rescue. On average, the price of the renovated properties was 3.5 Homebuyers Losing Heart.
Housing Wire
SEPTEMBER 23, 2022
The claim by the authors that single-family rental home companies “swoop up much of the inventory” of homes from potential homebuyers is, in fact, not supported by the data in any way, shape, or form. of the nation’s total housing inventory. million) in the prime household formation years of 25 to 34 than there were in 2006.
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Housing Wire
OCTOBER 17, 2023
The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. It remained way below the 44.6% hit in the second quarter of 2021.”
Will Springer Realtor
AUGUST 9, 2021
Many dug into savings and had their homes renovated or repaired. Lawrence Yun also said this figure will be the highest rate of sales since 2006. Months of inventory improved slightly from June but remain extremely low. Among single-family homes, county inventory increased to 0.6 million home sales. months from 0.5.
Will Springer Realtor
MAY 12, 2021
This was the fastest pace for combined single-family and multi-family construction since June 2006. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC.
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