Inventory Archive

Shadow Inventory Falling

The discussion of inventory shortage has become more prevalent and more pronounced.  The data at the national level clearly shows fewer listings.  The decline in inventory has been particularly sharp in the following markets based on large broker reports...

Low Inventory Helps Push Prices

Already home prices are turning up.  Though many economists have been calling for no price gains or only very minimal gains over the next several years, a surprise upside looks to be quickly developing....

Short Sales to Increase in 2012

The number of short sales grew steadily through the end of 2011 and is expected to continue to grow in 2012.  NAR Research estimates that the number of short sales in the United States will increase by 9.2% in...

OCC Reports Foreshadow Improved Supply Conditions

According to a report from the Office of the Comptroller of the Currency (OCC) on Wednesday, March 28th, short sales rose by more than 10% from the 3rd quarter of 2011 to the 4th quarter reaching a record of...

February Existing Home Sales in Graphs

The spikes in sales in late-2009 and mid-2010 were due to the home buyer tax credit deadlines.  Outside of these spike periods, the past two months of sales are at the highest levels in 5 years. Inventory has been...