Tag Archives: low inventory

The homebuyer in 2021? Middle-aged, married and college educated

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Zillow Group’s 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years. Continue reading →

Investor home purchases exceed pre-pandemic levels, hit record high

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Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading →

Home price growth hits new record in April: FHFA

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Home prices rose 1.8 percent in April and 15.7 percent year over year. Both figures represent record growth for the House Price Index. Continue reading →

How to coach clients through an inventory-depleted market

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It’s not easy navigating a market with anemic inventory levels, which is why real estate pros should do what they can to help clients throughout the process. Here are a few key things agents need to do. Continue reading →

Pending-home sales take 4.4% hit in April

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In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5 percent from March to April. Continue reading →

Days on market drops by nearly 50% amid inventory crisis

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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 →

89% of all metro areas saw double-digit home price gains in Q1

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Amid widespread annual home price growth, 89 percent of all metro areas saw double-digit price gains, according to the National Association of Realtor’s First Quarter Metro Home Prices report. Continue reading →

Pending-home sales increase following 2 months of declines: NAR

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The pending home sales index rose from the previous month in every U.S. region but the Midwest, while all regions saw gains year over year. Continue reading →

Stressed out? How to cope with today’s low-inventory market

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Almost everyone today is struggling with this low-inventory, high-demand market. So, if you want to stand out from the competition and win more listings, here are some powerful ways to do it. Continue reading →

‘Be relentless’: Real-life advice from agents managing inventory insanity

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Pros out in the field have thoughts and suggestions on how to manage the widespread low inventory this season. Here are a few ideas that stood out in response to an Inman Coast to Coast Facebook thread and Inman’s recent “Inventory Insanity” series. Continue reading →