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With low inventory, house hunters are in full safari mode

Housing Wire

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. In other words, if there were more inventory, we would have more sales happening.” through the first quarter of 2024.”

Inventory 459
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Mortgage market affordability and inventory challenges

Housing Wire

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Inventory rising, historically low.

Inventory 395
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How fix’n’flip loans could help expand housing inventory

Housing Wire

With tightened housing stock supply, the competition for home buyers is fierce this year. One issue is that among the low inventory, there are even fewer homes that are move-in ready, said Keith Lind, executive chairman and president of Acra Lending.

Inventory 334
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What’s influencing the increase in REO acquisitions?

Housing Wire

The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low. MC: The demand for REO assets remains strong, with inflows and overall REO inventory levels remaining significantly less than post-Q1 2020 inventories.

Inventory 391
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The risk of zero-down loans while the Fed talks recession

Housing Wire

The entire system has to be designed to inflate the price over time. This can lead to home prices getting out of control , especially when total inventory gets to all-time lows. The National Association of Realtors’ total Inventory data shows that historically we have between 2 to 2.5 This is what we do in America.

Inventory 544
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3 solutions to a gridlocked housing market

Housing Wire

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Acra Lending is doing what it can to help free up inventory. By working with borrowers in unusual circumstances, Acra is helping create opportunities for inventory to open up. Jumbo products.

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Zonda announces major business acquisition

Housing Wire

By extension, Zonda also acquired NewHomeSource.com , one of the largest listings platforms for newly constructed homes, and Envision , a new home design platform. Zonda , one of the leading data providers in the homebuilding industry, has acquired Builders Digital Experience (BDX), the company announced on Wednesday.

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