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Residential real estate activity picks up despite low inventory

Housing Wire

Demand from the buyer side has remained steady or increased, however, and new home builders have responded to inventory shortages by increasing speculative inventory production, according to the Federal Reserve Beige Book, released Wednesday. Inventory remains exceptionally low and is restraining sales activity in much of the District.

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Seller’s Market 101: Is Your Real Estate Market Hot or Not?

HomeLight

For example, in Lexington, Kentucky, zoning regulations prevent new building starts with an established boundary line that limits new construction. More than half of those surveyed by Chase bank in 2019 plan to stay in their home, choosing to renovate rather than pack up. And some markets sell even faster.

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NYC Real Estate Market 2020 Overview

Marco Santarelli

Home sales in the NYC housing market were down 46 percent from last year's June. Median Days on Market were 84 which was 6 days faster than last year. New listings increased by 24% year-over-year. Days on Market increased 17.9 percent to 79 days. Days on Market were up 5.4

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Richmond VA Real Estate Market & Investment Overview

Marco Santarelli

New Listings are up by 10%. Days on Market Until Sale are 18, down 43.8%. Days on Market Until Sale are 18, down 14.3%. This led to many law firms and banks having their headquarters here. This has led to a spate of new construction for active adult communities. Pending Sales are up by 35.4%.

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

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Asheville Housing Market 2019: Home Prices & Trends

Marco Santarelli

Trulia has 827 resale and new homes for sale in Asheville, NC, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. On average, homes in Asheville, NC sell after 65 days on the market. Asheville, NC Foreclosures And Bank Owned Homes 2019. Recently Sold.

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San Jose Real Estate Market & Investment Overview

Marco Santarelli

It compares key housing metrics of the San Jose housing market from March 2021 with March 2020. . Median Days on Market was 8. Impact of the Pandemic on San Jose Housing Market. Bank Owned. Nor does Fresno follow in San Fran’s habit of nearly banning new construction. year-over-year. year-over-year.

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