Low U.S. Housing Inventory Results in More Competition, Higher Prices, Older Homes

3 Considerations to Help Decide Whether to Refinance Your Mortgage

Divided by the Huangpu River, there is the older, central Puxi area to the west, and the more modern pudong region in the east, which has far more high-rise developments. For those looking to rent in Shanghai, our in-house destination service teams report that there is currently a good level of properties available, but as we head towards the.

 · The housing market plays out in different ways for buyers, sellers, and real estate agents. With the summer season in full swing, take a look at which regions of the country are becoming popular.

According to the World Economic Forum (WEF), urban population across the world is growing at the rate of 200,000 people per day, who require affordable housing. will result in higher adoption.

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After a roller-coaster decade of boom-bust-boom, the U.S. prices up more than 20 percent as they went on a buying spree, are now retreating. “The very low rate environment and the high level of.

“All 20 cities saw prices higher than a year earlier. it’s worth noting that the measure is more reflective of price movements in premium homes rather than middle or lower-tier homes.” “Throughout.

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Higher prices might even be drawing some people into the market who otherwise might have waited. Yet the low stock of new homes might also have ratcheted up competition. on the U.S. market was.

"However, given the low inventory of homes available for sale in today’s market, this challenge of aging U.S. housing supply can also be an opportunity for buyers looking for a bargain and.

According to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level.This marks the fifth month in a row with at least a 6.9% increase. Dr. Frank Nothaft, Chief Economist for CoreLogic, gave insight into the reason behind the large appreciation, “The number of homes for sale has remained very low.

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But I’ve personally seen a lot of competitiveness in the $800,000 to $1.2 million area – and that price point has become more like the homes in. Now that the housing inventory is starting to creep.