Shortage of cheaper houses stifles U.S. homes sales

U.S. home inventory tumbled to a new low in the first quarter of 2017, falling for eight consecutive quarters. Homebuyers have now been stifled by low inventory for the last two years despite prices rising to pre-recession highs in many markets. In this edition of Trulia’s Inventory and Price Watch, we examine how home value [.]

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Homes built in the 1960s had the highest fail rates, while sales of newer and older houses were more likely to go through. could offer a plausible explanation. Inventory shortages in many U.S.

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Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago, the 14th straight annual decrease. According to the NAR, there was a 10% drop from a year earlier in.

U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter.. The unexpected drop in sales reported by the National Association of Realtors on Tuesday came on the heels of data last week showing retail sales and.

Shortage of cheaper houses stifles US homes sales May 22, 2019 0 WASHINGTON: US home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses. key Brexit legislation pushed back following backlash from MPs This company wants to help shave $6,200 off your student loans This company wants to.

Debt repayments overtake commitment to new loans Most people only expect to borrow $100,000 or more when they take out a mortgage, but a small percentage of student borrowers owe at least that much on their student loans. student debt figures..

In the post-recession period, there has been a housing deficit. During that time period, house rates have grown faster than incomes. Today, only 6 out of 10 new and existing home sales are affordable.

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FILE PHOTO: A home for sale is seen in Santa Monica, California, U.S., March 21, 2017. REUTERS/Lucy Nicholson PARIS (Reuters) – Shareholders of French bank Societe Generale voted to give Chief.

Think you could never save up for a down payment? You may be wrong