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With recent changes to the current Federal Reserve Monetary Policy, a decline in the stock market, a surplus of available jobs, all-time low unemployment rates, not enough affordable housing to accommodate a huge millennial population, and high consumer debt, the real estate market may seem unpredictable in 2019.
· Now, the market has come a long way. a LOOOOONNNG way from the doldrums of 2009-10. Houses actually sell right now, and values are, at very least, steady – if not climbing ever so slightly. The variable in the market from 2009-10 is the same one we deal with today – Inventory. Real Estate is a great lesson in supply v. demand.
More Americans are becoming homeowners. The national homeownership rate increased slightly to the highest level since 2014 in the fourth quarter of 2018, reaching 64.8 percent, the U.S. Census Bureau reported this week.
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As Existing Home Sales Fall to 3-Year Low, Is Now a Good Time to Buy?. 2018 was a rocky year for real estate.. Total housing inventory at the end of December decreased to 1.55 million, which.
HOUSTON’S HOUSING INVENTORY REACHES AN HISTORIC LOW IN NOVEMBER – blog post by Nora’s Blog.. with buyers plunging inventory levels to an all-time low. The supply of homes fell to 2.9 months of inventory compared to 4.1 months in november 2012.. real estate agents in Popular Cities.
While limited inventory. Group. Humphries said he expects rent increases to outpace price gains by the end of the year as higher mortgage rates limit affordability and the rental market remains.
Glossary of Real Estate Industry Terms Mortgage Masters Group The Real Estate Industry has its own unique language and, without some knowledge of this language, you may find yourself a bit confused if you become involved in a real estate transaction. With this in mind, the experts at Our Title Companies have compiled the following glossary of terms commonly used in the real estate industry.
More Americans are becoming homeowners. The national homeownership rate increased slightly to the highest level since 2014 in the fourth quarter of 2018, reaching 64.8 percent, the U.S. Census Bureau reported this week. The homeownership rate has been gradually increasing since reaching an all-time low of 62.9 percent in the second quarter of 2016.