The US housing market has an inventory problem » Mortgage Masters Group

TechNavio’s report, the Housing Mortgage Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also covers the landscape of the Housing Mortgage market in the US and its growth prospects in the coming years.

National inventory has been stuck near that five-month mark for the past year, according to NAR spokesperson Walt Molony. A six-months’ supply is generally thought to be a balance market. More than six-months’ supply means the market favors buyers. Less than six-months’ supply means the market benefits sellers.

 · 3. Housing Inventory. Inventory is a big story in the US housing market. Currently inventory levels are matching the lows of 2012. Prior to that we have to go all the way back to 1994 to see levels this low. The low inventory levels should not be confused with a weak housing market.

Mortgage industry predicts 2018 housing market. A majority of mortgage industry professionals believe that lack of affordable housing inventory and inability to save for a sufficient down payment are delaying first-time homebuyers. student debt continues to be an issue, along with the ability to qualify for a mortgage,

Housing Inventory Estimate: Vacant Housing Units Rented or Sold, Not Yet Occupied for the United States Thousands of Units, Quarterly, Not Seasonally Adjusted Q2 2000 to Q1 2019 (Apr 25) Homeownership Rate for the united states: asian, Native Hawaiian and Pacific Islander Alone

Housing tipping back to a buyer’s market as sellers cut prices. 6:12 PM ET Thu, 16 Aug 2018 More price cuts are cropping up on U.S. housing markets listings than a year ago. This signals a turn in the market, which has been largely a seller’s market for the past few years.

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Metro Phoenix leaders must talk about affordable housing amid the rapid growth in home prices, said Mark Stapp, growth expert and director of the Master. has attracted more companies, Granville.

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Sources: Real Estate Board of Greater Vancouver, BC Statistics. That’s right. The tony city of West Vancouver lost about 2,000 residents between 2011 and 2016, a decrease of about 5 per cent.

the group’s data show. “It exacerbates the cost problem further,” Miller said. The mortgage-deduction limits may also worsen one of the housing market’s most vexing issues right now: a severe shortage.