Anyone who knows me will tell you that I have been talking about inventory challenges for years. Many markets across the country have experienced severe shortages of inventory caused by reduced new construction building. This has resulted in dramatically increased house prices. Don’t forget that the real estate market is just like the stock market […]
Posts Tagged ‘housing industry’
Predicting Real Estate Inventory: It’s All About the Permits
Spring Leads Into a Robust Summer Market
Over the past few years we have been used to real estate sales taking a breather in the summer months after the usual spring boost of sales. However, this year is different and the rate of new single family home sales has continued to soar to its fastest pace in seven years. This has caused […]
Report from the National Association of REALTORS® Conference
Last week, I had the privilege of attending the National Association of REALTORS® Conference in San Francisco. There were a number of highlights on my trip, including speaking to the Women’s Council of REALTORS® on the power of Memorable Marketing. Additionally, I got to know a number of fantastic agents who visited my booth to […]
President Obama Has a Lot to Say About the Housing Market
On Tuesday, August 6th, President Obama spoke in Phoenix, Arizona at Desert Vista High School, explaining his vision to promote home ownership in America. He praised reform of the financial systems and talked about the reckless practices that led to the housing crisis. A visual representation of his vision can be seen if you follow […]
In the News
“Boomerang Buyers”- those buyers who lost their homes during the economic challenges of the last few years – are making a comeback according to an article by REALTOR® Magazine. Over 4.7 million people lost their homes during the past few years. But now, estimates show that 70% of those buyers are likely to return to […]
Multi-Family Housing Starts (5+ units)
The latest release from the Census Bureau’s Manufacturing and Construction Division shows that the annual rate of starts in building five or more units was 285,000. This is an increase from October and is currently the highest this measure has been since July, 2008. It is still not as high as the multi-family housing boom […]