5,113,121
Basic economics... less supply, more demand, higher prices.
-
Inna Ivchenko
Encino, CA
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Mary Yonkers
Erie, PA
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Greg Large
Grove City, OH
-
Roy Kelley
Gaithersburg, MD
-
Tony and Suzanne Marri...
Scottsdale, AZ
-
Lyn Sims
Schaumburg, IL
2,188,163
Yep... Economics 101. Supply and demand.
-
Mary Yonkers
Erie, PA
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
-
Lyn Sims
Schaumburg, IL
-
Nina Hollander, Broker
Charlotte, NC
2,192,058
It is very difficult to make sales when your shelves are empty !!!!!!!!!!!!
-
Janeen Fisk
Bloomsburg, PA
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Carol Williams
Wenatchee, WA
1,847,051
There are just not enough homes that buyers WANT. That is the situation. If sellers would just ask a correct price for the condition of the house - we'd have more sales.
-
Carla Freund
Raleigh, NC
-
Mary Yonkers
Erie, PA
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
921,504
The pie is smaller.
Buyers are frustrated.
Sellers are overly optimistic.
The 'good stuff' goes fast.
Alternative home buying and selling options getting increasingly accepted.
They can not build new houses fast enough.
-
Carla Freund
Raleigh, NC
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
2,163,123
Multiple offer, fewer days on market, increase in prices, and yes, lower number of sales. You can't sell what you don't have and what you have you can sell only once.
-
Carla Freund
Raleigh, NC
-
Mary Yonkers
Erie, PA
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Carol Williams
Wenatchee, WA
913,568
We don't really have too much of a problem with low inventory around here. but, it can vary depending on price range. We have a good variety of resales, building lots, and new construction.
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Nina Hollander, Broker
Charlotte, NC
5,583,328
we have low inventory, and if a home is priced reasonably, it sells for over list price the first day.... not a give away!!! just reasonable for the market....
-
Carla Freund
Raleigh, NC
-
Mary Yonkers
Erie, PA
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
4,800,132
Lower sales volume and higher prices.
-
Carla Freund
Raleigh, NC
-
Mary Yonkers
Erie, PA
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
1,553,599
Well, given that we've had low inventory for the last 7 years; nothing discernible today that we haven't been discussing since Q4 2011.
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Thomas J. Nelson, REAL...
La Jolla, CA
5,772,587
Right now our real estate market is in flux, with all the weather and fire related problems. and I agree with Carol Williams
-
Carla Freund
Raleigh, NC
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
7,864,157
Higher prices and discouraged prospects.
-
Carla Freund
Raleigh, NC
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
1,029,253
There is so little inventory right now (590 active single family homes compared to a normal 4000+) that it's hard to move up because you're paying more for something not nearly as nice as your current home, and it's hard to move down because you're paying the same price for something not nearly as nice as your current home. It's good to have listings.
-
Carla Freund
Raleigh, NC
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
5,254,675
We're going on 3 years of being impacted by low inventory - sales are steady but, prices are up and bidding wars occur on nearly every listing under $400K.
-
Carla Freund
Raleigh, NC
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
3,349,554
Supply and Demand work pretty much the same no matter what. Low inventory with high demand drives prices up. Home prices in my area are HIGH. Depending on the area, list to sale price ratios ranges from 110% - 120% in February 2018.
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
69,794
Multiple showings, multiple offers, and sales prices higher than asking.
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
2,684,669
Not a major issue here, other than 2/2 townhouses on east side, and $175K to $250K houses in northeast.
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
3,071,489
Nina Hollander nailed this one!
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Nina Hollander, Broker
Charlotte, NC
1,712,776
Our market unlike others is balanced.
-
Mary Yonkers
Erie, PA
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
759,485
Right now, it's good to be a Seller.
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
1,506,163
Carol Williams and Nina Hollander nailed this one. Like any market or any product, it's basic economic theory of supply and demand.
-
Mary Yonkers
Erie, PA
-
Nina Hollander, Broker
Charlotte, NC
55,673
In my 48 years, this has been one of the slowest markets I have seen. My Purchase mortgages are way down, Refinance Mortgages don't really exist, but my Construction Loans are keeping me busy. Look it's all cyclical...I remember getting borrowers 14 % mortgages and they loved me,for many lenders were at 16% and 18 % !!!
-
Mary Yonkers
Erie, PA
-
Michael Jacobs
Pasadena, CA
4,319,773
John Wiley - obvious ones are prices going up and multiple offers.
A next 'melt-down' in making perhaps.
-
Praful Thakkar
Burlington, MA
1,231,853
2,784,726
Anything priced right in reasonable condition sells
-
Mary Yonkers
Erie, PA
4,582,434
It usually takes buyers multiple attempts at offer submission prior to acceptance.
-
Mary Yonkers
Erie, PA
5,877,915
Supply & demand speaking loudly in Denver - low inventory, multiple offers and some going over fair market, and buyers are bringing the difference to closing.
4,961,536
Prices are going up , people on fence are trying to buy before they can not.
5,240,021
Quality listings are bringing high prices. Law of supply and demand at work!
117,135
well I just got a low appraisal. Ugh, even though we got 2 offers, low inventory etc. Seller is not budging on price.
We are also getting multiple offers on the smaller homes.
3,416,038
The lack of people signing up to list their homes is putting the brakes on our market.
1,386,774
3,986,308
5,027,910
3,988,013
We have more agents than active listings. It is a big problem and pricing are rising.
853,122
3,167,714
in certain price points it means you have to show the day it hits the market and write an offer immediately after and it better be a good one.
906,347
We are a sprawling area and sell in multiple counties and towns. Some towns have low inventory starting at $450k and below. Others are more like $350k and below. We seem to have plenty when you get over the $500k mark.
679,404
I am seeing most houses (if originally priced right) getting full price and overasking price and usually within the first 2 weeks of listing. I've seen buyers willing to pay as much as $10,000 to $40,000 over because they wanted THAT HOUSE! Crazy Stuff. Sellers need to get their houses on the market ... Buyers are looking for houses to BUY!
92,713
Not much of an impact here. We are at the point where some properties are over priced but not to many. A few of the places are getting interest but commutes are scaring buyers off.
1,624,853
716,032
For the past 5 years, we have had less than 3 months supply of inventory in all price points. And in our market, the price of a home has gone up 80% in these years. In a nearby town, the price has doubled.
4,434,177
6,418,755
1,241,879
Typical office of 60-90 agents has two listings. Other agents are either showing these 2 listings or on vacation. Some look for a real benefitted job.
577,750
Our market has stabilized since last year's madness.. Although our supply is a bit on the low side, we have not yet seen the frenzy from last year.. but as we head in to the Spring market... it could all change