Overlooked inventory: 6 ways to find that diamond in the rough

Inventory can be found anywhere — agents just have to get creative and put a little legwork into unearthing it. Continue reading

After stellar March, new-home sales reverse course, dip 6% in April

The decline follows a record month for new-home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau. Continue reading

Connecting with Pacaso’s CEO: The future of the second home market

Pacaso CEO Austin Allison explains how remote working, inventory shortages and co-ownership models are changing the fabric of second-home markets. Continue reading

Nearly half of US homes are selling ridiculously fast, less than a week

In April, 47 percent of homes for sale in the U.S. went under contract in less than a week. The squeeze is happening at various price points and in dozens of metro areas. Continue reading

Knowing new construction gives you a competitive edge — here’s why

The inventory shortage isn’t going to last forever. In the meantime, studying the economy, real estate market statistics and particularly the new home construction process will make you a fierce competitor in today’s market and the future.  Continue reading

Is the inventory dam about to burst?

Given the soaring costs we’re seeing in almost every aspect of our lives, the end of forbearance programs and rent moratoriums, coupled with the age of boomers who own 42 percent of the inventory, the inventory dam has definitely started leaking. Continue reading

Rising construction costs curbed homebuilders’ pace in April

The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April. Continue reading

NAR: Housing market is ‘topping out’ due to inventory shortage

Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up. Continue reading

Days on market drops by nearly 50% amid inventory crisis

New listings are up 19.1 percent year over year, but demand continues to outpace new listings, leading to increasingly fewer days on market. Continue reading