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Showing posts with the label Increasing Housing Inventory Trends

Real Estatin' The Facts Market News - 10/8/2021

   Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends. Enjoy! Signs that buyers will see good opportunities in the fall Source: Nerd Wallet Hopeful buyers who keep getting shut out may soon find better luck this fall, as several signs in the housing market point to more potential buying opportunities. For one, competition is reportedly cooling, and listings are receiving fewer offers. In September, the real estate brokerage Redfin reported that bidding wars reached their lowest level this year. Also, more listings are coming to market, offering buyers more choices, according to a Realtor.com® report showing housing inventory is at a high for 2021. Nearly one-third of the 50 largest metros saw increases in the number of newly listed homes compared to last year.  Read more...  Two million renters can afford to buy thanks to remote working Source: Zillow The rise in remote working during the COVID-19 pandemic has had at least one pos