2021 Development Inventory Realtors 
Housing Wire
JULY 6, 2023
It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. trillion in mortgage originations in 2021. In other words, if there were more inventory, we would have more sales happening.”
Housing Wire
SEPTEMBER 26, 2023
Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. What’s happening with inventory? Normally by this point in September, available inventory is declining slightly each week.
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Housing Wire
MAY 15, 2024
The National Association of Realtors , via its Seasonally Adjusted Annual Rate of Existing Home Sales series, reported that the peak home sales volume of 6.6 million in January 2021 (when mortgage rates were 2.7%) fell to 3.9 We include details of inventory changes and the relationship to interest rates in the sections below.
Housing Wire
NOVEMBER 30, 2020
in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. Realtors cited a combination of high demand and low inventory, which are making conditions more competitive and exerting upward pressure on prices.
Housing Wire
DECEMBER 29, 2023
And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Both in 2021 and 2022, there were over 1 million new single-family starts nationally. Dietz estimates that the U.S.
Housing Wire
DECEMBER 18, 2020
And it’s a trend that is only going to get worse, as real estate company Redfin reports that hot housing markets in major southern cities , including Austin, will become less affordable in 2021. There is currently only one month’s worth of housing inventory in Austin. Additionally, residential sales increased by 28.8%
Housing Wire
FEBRUARY 19, 2024
According to Ben Metcalf, managing director of the Terner Center for Housing Innovation at UC Berkeley, the homeownership rate for California is 50 percentage points lower than the rest of the nation at only 44% in 2021. California [has been] the most inventory-constrained market for years.” What’s the solution?
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