AgentIndustry News

Even in robust housing market, some buyers can’t find homes

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Are you set up for success in 2016? Join 2,500 real estate industry leaders Aug. 4-7, 2015, at Inman Connect in San Francisco. Get Connected with the people and ideas that will inspire you and take your business to new heights. Register today and save $100 with code Readers. Takeaways: In the lowest-priced third of homes for sale, the inventory of homes on the market fell in 28 of the nation’s largest 35 metro areas since the same period last year, according to Zillow's quarterly inventory report. Hardest hit were Charlotte, North Carolina; San Antonio, Texas; and San Diego, according to the survey. Home values also rose 3.3 percent from June 2014. You’ve finally saved up that down payment. You’re ready to take advantage of low mortgage interest rates. But you can’t find a home in your price range. Unfortunately, you’re not alone. While home sales may be on a seasonal hot streak, the downside to the uptick in housing market activity is that increa...