Housing inventory

In spite of an improving economy, acute competition and supply scarcity soured homeshoppers on the purchase market in April, according to Fannie Mae.

Residential value growth in March reached heights not seen since the lead up to the housing bubble, according to CoreLogic.

“Low inventory has been a consistent problem,” Lawrence Yun, chief economist at the NAR, said in a statement. “With mortgage rates still very close to record lows and a solid job recovery underway, demand will likely remain high.”

Despite home purchasing power growing for the 14th consecutive month in February, rising property values and mortgage rates are likely to influence would-be sellers to stay put, according to First American.

Property values climbed 12% in February, according to the S&P CoreLogic Case-Shiller index.

The end of the refinancing boom and impending rise in rates are not the only challenges lenders face. As one observer put it, they "can't make loans on homes that don't exist."

The ritzy east end of Long Island is somehow still throwing up more high-end listings to meet demand.

As listings were snagged at near-record speed, inventory hit yet another new low point, according to Remax.

The market appears to be undergoing a shift away from refinances and remote operations, but the top producers interviewed for this article don’t plan to abandon either any time soon.

While home sales have softened since October, they are still above pre-pandemic levels, indicating that construction activity will remain strong for some time.

Even as properties spent the least time ever on the market and the average sale-to-list home price ratio broke 100%, some indicators point to a slight reversal, which could head off “runaway home price speculation or a housing bubble,” Redfin chief economist Daryl Fairweather said.

Vaccinations and a third round of stimulus payments are boosting consumers views on the housing market, according to Fannie Mae.

As vaccinations proliferate, homeowners who held off during the pandemic are finally gearing up to list their properties, a recent survey finds.

The increase won’t hurt the incentive for the average home shopper, but it means those who were looking to “buy the dip” in prices amid the pandemic may have missed their chance.

While there were fewer new mortgages sought on a week-to-week basis, the index was higher than it has been during the same week in the last two years.

As home values surged at record highs, the latest month-to-month movements indicate price growth could start returning to a pre-pandemic pace, according to the Federal Housing Finance Agency.

That growth could be attractive to a housing finance industry that needs to find new loan sources as easy rate-and-term refinances dwindle.

Stuck between local zoning hurdles and a lack of ideal federal financing, ADUs could be an important aspect to unlocking much-needed inventory.

The Military Urban Development Initiative, which is also open to civilians, allows buyers to select a lot, house design and mortgage.

But building permits near an almost 15-year high point to further gains in home construction in the months ahead. The data coincide with still-elevated homebuilder sentiment as the industry works to replenish lean inventory and meet housing demand.