Housing inventory is at its highest point all year - RealTrends

Aug 21, 2023 · To understand the future of housing inventory in this country remember the Altos Rule. The Altos rule says that the more available inventory of homes to buy is the result of higher mortgage rates. If rates climb, so does inventory. If rates fall, inventory will fall. There are …

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Housing Supply Hits 4-Year High As Many Homes Linger On …

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Dec 30, 2024 · That’s a major reason housing supply jumped 12%. Active listings—the total number of homes for sale— climbed to the highest level since 2020 in November on a …

redfin.com

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Will Housing Inventory Rise In 2025? Experts Weigh In

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Jan 7, 2025 · Here's how housing inventory may change in the new year, according to the experts we spoke with: ... At one point in 2023, they reached nearly 8% — the highest point in decades.

cbsnews.com

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What Rising Inventory Means For The 2025 Housing Market

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Dec 16, 2024 · What Rising Inventory Means for the 2025 Housing Market. ... the overall seller growth is 7.7% more than a year ago. All year long we’ve been averaging about 8% more …

altosresearch.com

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Understanding Housing Inventory And What It Means For You

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Jan 24, 2024 · While that was a 4.9% increase from a year before, it was a far cry from pre-pandemic housing inventory levels. In December 2019, for instance, there were 1.03 million …

usnews.com

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Housing Inventory Is At Its Highest Point All Year

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Aug 21, 2023 · The inventory gain week to week was more than it was last year at this time. That’s the first time this happened in many months. Last week there were 10.5% fewer homes …

housingwire.com

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October 2024 Sees The Highest Housing Inventory Since 2019

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Nov 5, 2024 · Now, these same cities are witnessing the highest inventory levels, with Austin’s listings increasing by 40.1%, Memphis by 39.2%, and Orlando by 26.6% year-over-year. This …

thehomeatlas.com

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Is The American Dream Of Homeownership Still Within Reach?

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Dec 17, 2024 · Investors who bring the money for mortgages use as a reference point the 10-year Treasury bond rate, which is now at 4.28% and already factors in risks associated with …

upenn.edu

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Affordability Remains A Chief Concern In Louisiana’s Housing …

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21 hours ago · Last year began with inventory on the rise and average mortgage rates falling from a 24-year high of around 8% in October 2023 to roughly 6.4% in January 2024, according to …

yahoo.com

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Buyer Confidence In Quebec Housing Market Builds In Q4 2024, …

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1 day ago · Quebec real estate market’s year-end recovery sets the stage for a robust, early spring Highlights: Property prices in the province ended 2024 8.6% above Q4 2023. Quebec …

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FAQs about Housing inventory is at its highest point all year - RealTrends Coupon?

Why is housing inventory growing?

Housing inventory is growing as the highest mortgage rates in more than 13 years price out would-be buyers, new data shows. More supply and weaker demand mean sellers must temper their expectations, while buyers who remain in the market will naturally wield more negotiating power. ...

Where does housing inventory change the most?

Looking at housing inventory change in percentage terms over the course of one year, the majority of cities that have experienced the largest one-year increase are primarily in the U.S. West and South regions. Aurora, Colorado, had a 12-month average housing inventory of 332 available homes for sale from March 2021 to February 2022. ...

Which city has the highest home inventory in the US?

Seattle, Washington, saw the highest year-over-year increase in home inventory of any U.S. city last month. (iStock / iStock) Seattle saw the highest inventory gains of any other city in the U.S. last month, with a year-over-year increase of 37.3%. ...

Why are there so many inventory woes in the housing market?

Experts say current inventory woes have roots in the 2008 housing crisis and have been exasperated by high interest rates, government regulations and an influx of first-time homebuyers. For buyers and sellers, the housing market will continue to provide both challenges and opportunities for some time to come. Want to Buy a House in 2024? ...

Why is the housing inventory so low?

The low housing inventory of recent years has some of its roots in an event that occurred more than 15 years ago. In 2008, the housing market collapsed, helping spark a global recession. The effects of that recession can still be seen today in the current tight housing inventory. ...

Is housing inventory still a good thing?

In fact, across the country, the increases in housing inventory get us only about halfway back to where levels were before 2020. “In a historical context, the inventory level may not still be that favorable,” points out Realtor.com senior economic analyst . “But it’s a lot better than it was during the pandemic.” ...