Lack of housing inventory continues to plague real estate market. Real estate inventory is extremely low in this current market. This has allowed the market to put upward pressure on prices even though sales volume is low.
Homebuilders not producing what buyers want. Unfortunately, the supply of new homes is yet to catch up in this price range, which will limit new home sales to around 620,000 units." Other economists agreed the increase in new home sales was held back by a lack of housing inventory, but explained other areas of the housing market are being hit much harder by the inventory shortages.
However, too many initiatives many have foundered due to the lack of support or vision from Government. pedestrian with their car-first policies, and we tried to help them repair their urban fabric.
ACI Economic Earmark: We Must Fix the Lack of Housing Inventory. January 10, 2017. Y-O-Y Sales Drops May Be Reversing. November 18, 2016. More Renters Concerned With Rising Utility Costs Than Rent Costs. November 16, 2016.
Lack of Housing Inventory Makes Headlines, but There’s More to the Story Posted by Total Expert Team On February 21, 2017 0 Comments Read industry headlines or talk to just about any Realtor and you’ll hear about tight housing inventory.
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acquisition of supportive housing for seniors. These funds can now be augmented by Low income housing tax credit debt and equity to either build additional units or supplement the capital advance as gap financing in so-called mixed-finance transactions. Congress must restore the Capital Advance program to address the growing need. Operating funding.
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Download our free guide on the 7 Epic Ways For Realtors To Solve Low Housing Inventory. 1) Do you know the price points and terms of all new construction inventory? Did you know that majority of the new construction housing will never hit your MLS? In a low housing inventory market, that’s a big deal.
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