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

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Tags: real estate, housing market, home prices, new home sales, existing home sales, pending home sales, housing, renting Devon Thorsby is the Real Estate editor at U.S. News & World Report, where she writes consumer-focused articles about the homebuying and selling process, home improvement, tenant rights and the state of the housing market.

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Inventory is part of the problem. Few homes are. to $800,000 and found just 30 on the market. Nice homes in this area can be found for about $800,000 but there are trade-offs. Christine Richardson,

This has been a concern of the business community for quite some time.” South Florida seemed to have whipped its “brain drain” problem when housing. of Miami’s residential real-estate market is hot.

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The rental market is. based John burns real estate consulting. “They’ll offer to take down 10% to 15% of the community right away, maybe at the end of the community or in an area where the builder.

Scheirer has had first-hand experience with the many problems. into the REO market, buying hundreds, sometimes thousands, of foreclosed homes at a time at greatly reduced prices. This trend,

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"With mortgage rates and home. The US housing market has an inventory problem.. What is more notable is the persistence of a trend that has come to define the U.S. housing market since it.

keep financial market liquidity high and interest rates very low. Housing and Mortgage Markets in 2010 Summary The U.S. economy continued to show signs of improvement in 2010, supported by government programs and policies implemented in 2008 and 2009. economic growth, as measured by real gross domestic product (GDP), was positive throughout the.

Unsold inventory is now at a 4.2-month supply at the current sales rate, versus 4.8 months a year ago and the 6.0-month supply typically associated with a more balanced real estate market. One positive aspect was an increase in first-time home buyers who comprised 33% of buying volume compared to 32% in June.

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