Remove Contracts Remove Housing Market Remove Inventory Remove Transportation
article thumbnail

Kingston is latest hot housing market for those leaving NYC

Housing Wire

The proximity to New York City — and the abundance of public transportation that can take you there — is also a factor. “At any time during the day, I’ve got people in my shops, looking in my windows at houses to buy. Inventory is low, like it is throughout the country, and that’s driving up demand.

article thumbnail

Inventory needs to increase to balance housing market: Fed Beige Book

Housing Wire

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 395
Insiders

Sign Up for our Newsletter

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

article thumbnail

Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Properties are still going under contract. Worried about missing out on a boom?

article thumbnail

Tips for Buying a House in a Seller’s Market

Assurance Financial

During home shopping, most homebuyers want to know whether the current housing market is a seller’s market or a buyer’s market, along with how to get a good deal in a seller’s market. Buyer’s vs. Seller’s Market. These terms mean that the market either favors buyers or sellers.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

GIMME SHELTER: AMERICA’S HOUSING PROBLEM WORSENS This country is struggling – mightily – to put enough roofs over the heads of Americans. Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession.

HOA 36
article thumbnail

The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

Andrew Cuomo's office suggested last week that such a levy might reap $9 billion for the moribund Metropolitan Transportation Authority over the next decade and Assembly Speaker Carl Heastie reiterated his chamber's support proposal at a Crain's breakfast forum days later. That article came out in 2014 right as the housing market was peaking.

article thumbnail

Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. in the first half of 2022.