Remove 2017 Remove Buyers Remove Construction Remove Inventory
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Homes in Boise, Idaho are “flying off the market”

Housing Wire

In high-demand areas where only one or two properties come on the market, maybe in a month, we’re seeing [buyers paying] upwards of $100,000 to $150,000 over asking price.”. months worth of housing inventory, which is the lowest ever, the report from Keller Williams said. We had offers up to $1.2 million,” Dopp said.

Marketing 533
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A closer look at housing markets across the country

Housing Wire

The agent said rich “mainland” residents replaced international buyers, who are restricted in their travel amid the pandemic. While we have lots of new construction, there are lots of delays due to shortage of materials and also construction workers,” said Ethel Curbow, an agent at AMAX real estate. national unemployment rate.

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Millennial Homebuyers in 2021

DataMaster

In the last year their price tags have jumped to levels that worry first-time buyers and would-be upgraders. Between 2010 and 2017, homeownership rates increased only among adults aged 65 and older. From a 25 percentage-point difference in 1960 to 44 percentage-points in 2017, the difference continues to grow!

Inventory 174
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Purchase apps are at 2009 level: where’s the inventory?

Housing Wire

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? If I take existing home sales from 2017 levels, it’s roughly, on average, just 300,000. I don’t believe housing inventory below 1.52 The housing market shifted in March of this year.

Inventory 519
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Millennial Homebuyers in 2021

DataMaster

In the last year their price tags have jumped to levels that worry first-time buyers and would-be upgraders. Between 2010 and 2017, homeownership rates increased only among adults aged 65 and older. From a 25 percentage-point difference in 1960 to 44 percentage-points in 2017, the difference continues to grow!

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Millennial Homebuyers in 2021

DataMaster

In the last year their price tags have jumped to levels that worry first-time buyers and would-be upgraders. Between 2010 and 2017, homeownership rates increased only among adults aged 65 and older. From a 25 percentage-point difference in 1960 to 44 percentage-points in 2017, the difference continues to grow!

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Housing Demand Likely to Stay High for Years to Come

Empire Appraisal Group

While higher housing costs and mortgage rates will chip away at buyer demand, the sheer volume of current buyers makes the next buyers’ market appear far away. Between a wave of foreclosures, rising rents, and underbuilding of new homes, the housing market became much harder to crack into from 2006 to 2017.