Below you'll find a list of all posts that have been tagged as “Supply of homes for sale”
Baby Boomers are getting older and Millennials are entering the housing market for the first time. However, CNBC Reported that millions of Millennials are holding off longer and longer to purchase a home. While older generations saved vastly before being able to purchase a home as quickly as possible, CNBC reports research from the Urban Institute (policy research group) that …
Mortgage rates have dropped again this passed month. On top of that, these low interest rates have brought stimulation into the developer’s new housing market. Now this is great news for home buyers! Low interest rates mean lower mortgage rates for home buyers, down approximately 1.25 percentage points from last year, according to CNBC; and stimulation in the developer’s market …
When interest rates drop and mortgage rates decrease during a strong economy, you’d expect to find a booming housing market. However, this isn’t the case as of now. There’s no doubt about it, the economy is booming. But what’s different about the housing market is that prices continue to remain too high for many buyers. “Typically, when buyers remain on the …
We’re back on topic with Trade War, but this time, it’s much worse. Chinese Buyers are packing up and leaving as tensions between China & the US worsen. CNBC is calling it the “Trump Effect”. Punishing Tariffs on foreign trade and commerce is costly to Chinese Buyers, and causing them to question American Assets. While vice-versa, China is putting tighter …
Is this the fastest real estate market ever? CNBC and Redfin think that it might be. At least since 2010 when they started tracking this statistic. Nationwide, home sales were up almost 9% in March year over year. However, at the same time the inventory of homes for sale is down 13%. This combination results in two things: First, prices …
