by Anthony | Sep 13, 2021 | 2021 Topics, Existing Home Sales, Inventory Shrinkage, NJ Real Estate News
Scarcity – Is a Real Seller’s Mindset The one product and service that never goes out of style is scarcity. Once a product or service is considered to be scarce, it becomes a matter of time when those prices to obtain it rise to a level that fulfills the...
by Anthony | Sep 2, 2021 | Construction, Housing, Inventory, Inventory Shrinkage, NJ Real Estate News, Real Estate News
White House Wants to Solve the Inventory Crisis According to a number of reliable sources, the White House has begun to develop plans to build in excess of 2 million homes to restore some of the shortage of affordable housing to the market. The shortage of existing...
by Anthony | Aug 26, 2021 | 2021 Topics, Existing Home Sales, Inventory Shrinkage, New Jersey News, NJ Monthly Sales Reports, NJ Real Estate News
The White House recently announced additional measures to help struggling homeowners avoid foreclosure as they exit forbearance, including loan modifications and payment reductions. Borrowers with federally backed mortgages can lock in lower interest rates and extend...
by Anthony | Jul 27, 2021 | Housing, Inventory, Inventory Shrinkage, lumber, Millennials
What is clear is that the current housing market doesn’t follow the traditional paths it had traveled during the years 1999-2019. The pandemic changed all of that. But behind the scenes, what was slowly taking place was the erosion of available existing homes...
by Anthony | Jul 21, 2021 | 2021 Topics, Housing, Inventory, Inventory Shrinkage, NJ Real Estate News
For the very first time since February 2020, new listings are beginning to replenish inventory on a national basis. This is also the case in New Jersey. Up until February 2021, new listings were below prior year metrics. Finally inventory on a national basis has seen...
by Anthony | Jun 24, 2021 | 2021 Topics, Construction, Inventory, Inventory Shrinkage
Guess who owns 12,556 homes in Atlanta? An interesting point: it’s a spin-off from the world’s largest private equity company, BlackRock, also known as Invitation Homes. Why is that important? According to a recent article, in certain Atlanta zip codes,...
Recent Comments