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Inventory Insanity: America’s Housing Shortage, a Five-Part Article

Inman’s Inventory Insanity series on the current supply shortage. By Jim Dalrymple II PART 1: Why are there no homes for sale in America?PART 2: Notes from ‘exhausted’ agents on the front lines of a crazy marketPART 3: The secret economic forces fueling the housing shortagePART 4: What it’s like being a homebuyer when there […]

We’ve Never Seen a Market Like This Before

Today, our current MLS inventory in all of Maricopa County dipped below 3,000 single-family homes. As of 5 pm today, there were only 2,811 homes available for sale. 2,811. Buyers are having a difficult time securing property. Prices climb each month while inventory shrinks to its lowest amount seen in decades. In 85258, days on […]

EXISTING HOME SALES UP AND FORECLOSURES DOWN

Everyone with an eye on real estate has been searching the last few months for a definitive trend in the housing market. Was good news during the past few months an anomaly or a true indicator of things finally heading in the right direction? Interesting news today came from the National Association of Realtors who […]