The first two revelations centered around the shortage of housing inventory currently available in both existing homes and new construction.
Regarding Existing Home Inventory:
“For the fourth year in a row, the inventory of homes for sale across the US not only failed to recover, but dropped yet again. At the end of 2016 there were historically low 1.65 million homes for sale nationwide, which at the current sales rate was just 3.6 months of supply - almost half of the 6.0 months level that is considered a balanced market.”
Regarding New Home Inventory:
“Markets nationwide are still feeling the effects of the deep and extended decline in housing construction. Over the past 10 years, just 9 million new housing units were completed and added to the housing stock. This was the lowest 10-year period on records dating back to the 1970s, and far below the 14 and 15 million units averaged over the 1980s and 1990s.”
Bottom Line
The biggest challenge in today’s market is getting current homeowners and builders to realize the opportunity they have to maximize profit by selling and/or building NOW!!
BY: KCM Crew
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24
years. Teri has distinguished herself as a leader in the Orlando FL real estate market.
Teri assists buyers looking for Orlando
FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain
the best results with Teri Isner plus you benefit from her marketing skills,
experience and ability to network with other REALTORS®. Your job gets done
pleasantly and efficiently. You are able
to make important decisions easily with fast, accurate information from Teri.
The Orlando Avenue Top Team handles the details and follow-up that are
important to the success of your transaction.
The
Joint Center of Housing Studies (JCHS) at
Harvard University recently released their
2017 State of the Nation’s Housing Study, and a recent
blog from JCHS revealed some of the more surprising aspects of the study.
The first two revelations centered around the shortage of housing
inventory currently available in both existing homes and new
construction.
Regarding Existing Home Inventory:
“For the fourth year in a row, the inventory of homes
for sale across the US not only failed to recover, but dropped yet
again. At the end of 2016 there were historically low 1.65 million homes
for sale nationwide, which at the current sales rate was just 3.6
months of supply – almost half of the 6.0 months level that is
considered a balanced market.”
Regarding New Home Inventory:
“Markets nationwide are still feeling the effects of
the deep and extended decline in housing construction. Over the past 10
years, just 9 million new housing units were completed and added to the
housing stock. This was the lowest 10-year period on records dating back
to the 1970s, and far below the 14 and 15 million units averaged over
the 1980s and 1990s.”
Bottom Line
The biggest challenge in today’s market is getting current homeowners
and builders to realize the opportunity they have to maximize profit by
selling and/or building NOW!!
By: KCM Crew
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of
Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the
Orlando FL real estate market. Teri assists buyers looking for
Orlando FL real estate for sale and aggressively markets
Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best
results with Teri Isner plus you benefit from her marketing skills,
experience and ability to network with other REALTORS®. Your job gets
done pleasantly and efficiently. You are able to make important
decisions easily with fast, accurate information from Teri. The Orlando
Avenue Top Team handles the details and follow-up that are important to
the success of your transaction.
Get
Orlando Daily News delivered to your inbox!
Subscribe here!
The
Joint Center of Housing Studies (JCHS) at Harvard University recently
released their 2017 State of the Nation’s Housing Study, and a recent
blog from JCHS revealed some of the more surprising aspects of the
study.
The first two revelations centered around the shortage of housing
inventory currently available in both existing homes and new
construction.
Regarding Existing Home Inventory:
“For the fourth year in a row, the inventory of homes for sale
across the US not only failed to recover, but dropped yet again. At the
end of 2016 there were historically low 1.65 million homes for sale
nationwide, which at the current sales rate was just 3.6 months of
supply – almost half of the 6.0 months level that is considered a
balanced market.”
Regarding New Home Inventory:
“Markets nationwide are still feeling the effects of the deep and
extended decline in housing construction. Over the past 10 years, just 9
million new housing units were completed and added to the housing
stock. This was the lowest 10-year period on records dating back to the
1970s, and far below the 14 and 15 million units averaged over the 1980s
and 1990s.”
Bottom Line
The biggest challenge in today’s market is getting current homeowners
and builders to realize the opportunity they have to maximize profit by
selling and/or building NOW!!
By: KCM Crew
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a
Realtor for over 24 years. Teri has distinguished herself as a leader in
the Orlando FL real estate market. Teri assists buyers looking for
Orlando FL real estate for sale and aggressively markets Orlando FL
homes for sale.
You deserve professional real estate service! You obtain the best
results with Teri Isner plus you benefit from her marketing skills,
experience and ability to network with other REALTORS®. Your job gets
done pleasantly and efficiently. You are able to make important
decisions easily with fast, accurate information from Teri. The Orlando
Avenue Top Team handles the details and follow-up that are important to
the success of your transaction.
Get Orlando Daily News delivered to your inbox! Subscribe here!
The
Joint Center of Housing Studies (JCHS) at
Harvard University recently released their
2017 State of the Nation’s Housing Study, and a recent
blog from JCHS revealed some of the more surprising aspects of the study.
The first two revelations centered around the shortage of housing
inventory currently available in both existing homes and new
construction.
Regarding Existing Home Inventory:
“For the fourth year in a row, the inventory of homes
for sale across the US not only failed to recover, but dropped yet
again. At the end of 2016 there were historically low 1.65 million homes
for sale nationwide, which at the current sales rate was just 3.6
months of supply – almost half of the 6.0 months level that is
considered a balanced market.”
Regarding New Home Inventory:
“Markets nationwide are still feeling the effects of
the deep and extended decline in housing construction. Over the past 10
years, just 9 million new housing units were completed and added to the
housing stock. This was the lowest 10-year period on records dating back
to the 1970s, and far below the 14 and 15 million units averaged over
the 1980s and 1990s.”
Bottom Line
The biggest challenge in today’s market is getting current homeowners
and builders to realize the opportunity they have to maximize profit by
selling and/or building NOW!!
By: KCM Crew
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of
Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the
Orlando FL real estate market. Teri assists buyers looking for
Orlando FL real estate for sale and aggressively markets
Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best
results with Teri Isner plus you benefit from her marketing skills,
experience and ability to network with other REALTORS®. Your job gets
done pleasantly and efficiently. You are able to make important
decisions easily with fast, accurate information from Teri. The Orlando
Avenue Top Team handles the details and follow-up that are important to
the success of your transaction.
Get
Orlando Daily News delivered to your inbox!
Subscribe here!
The
Joint Center of Housing Studies (JCHS) at Harvard University recently
released their 2017 State of the Nation’s Housing Study, and a recent
blog from JCHS revealed some of the more surprising aspects of the
study.
The first two revelations centered around the shortage of housing
inventory currently available in both existing homes and new
construction.
Regarding Existing Home Inventory:
“For the fourth year in a row, the inventory of homes for sale
across the US not only failed to recover, but dropped yet again. At the
end of 2016 there were historically low 1.65 million homes for sale
nationwide, which at the current sales rate was just 3.6 months of
supply – almost half of the 6.0 months level that is considered a
balanced market.”
Regarding New Home Inventory:
“Markets nationwide are still feeling the effects of the deep and
extended decline in housing construction. Over the past 10 years, just 9
million new housing units were completed and added to the housing
stock. This was the lowest 10-year period on records dating back to the
1970s, and far below the 14 and 15 million units averaged over the 1980s
and 1990s.”
Bottom Line
The biggest challenge in today’s market is getting current homeowners
and builders to realize the opportunity they have to maximize profit by
selling and/or building NOW!!
By: KCM Crew
Access Teri’s one-stop Orlando FL home search website.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a
Realtor for over 24 years. Teri has distinguished herself as a leader in
the Orlando FL real estate market. Teri assists buyers looking for
Orlando FL real estate for sale and aggressively markets Orlando FL
homes for sale.
You deserve professional real estate service! You obtain the best
results with Teri Isner plus you benefit from her marketing skills,
experience and ability to network with other REALTORS®. Your job gets
done pleasantly and efficiently. You are able to make important
decisions easily with fast, accurate information from Teri. The Orlando
Avenue Top Team handles the details and follow-up that are important to
the success of your transaction.
Get Orlando Daily News delivered to your inbox! Subscribe here!
The first two revelations centered around the shortage of housing inventory currently available in both existing homes and new construction.
Regarding Existing Home Inventory:
“For the fourth year in a row, the inventory of homes for sale across the US not only failed to recover, but dropped yet again. At the end of 2016 there were historically low 1.65 million homes for sale nationwide, which at the current sales rate was just 3.6 months of supply - almost half of the 6.0 months level that is considered a balanced market.”
Regarding New Home Inventory:
“Markets nationwide are still feeling the effects of the deep and extended decline in housing construction. Over the past 10 years, just 9 million new housing units were completed and added to the housing stock. This was the lowest 10-year period on records dating back to the 1970s, and far below the 14 and 15 million units averaged over the 1980s and 1990s.”
Bottom Line
The biggest challenge in today’s market is getting current homeowners and builders to realize the opportunity they have to maximize profit by selling and/or building NOW!!
Labels: home sellers, homebuyers, homeowners, housing market update, Orlando avenue top team, teri isner
