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NAR News (National Association of Realtors / 전미 부동산 중개인 협회)

(마이애미부동산) Inventory shortage problem appears to be easing – Florida Realtor News (마이애미부동산)


SAN JOSE, Calif. – Aug. 15, 2013 – released its National Housing Trend Report for July. While the inventory of for-sale homes declined 5.24 percent year-to-year it marks the second month in a row where the inventory decline was in the single digits, suggesting the national inventory shortage may be easing.

According to the report, national median list prices increased 5.27 percent year-over-year, while the median age of the housing inventory is down 16.67 percent.

While California markets dominated the list of markets with housing inventory declines earlier this year, the top cities with a drop in inventory now include Detroit, Boston, Denver, Honolulu and Naples, Fla., which had a 23.5 percent decline in inventory. The large decrease in for-sale inventory in these markets suggests the beginning of a housing market recovery process similar to what was observed in Florida in 2011.

“The recovery is entering a new phase where inventory shortfalls are no longer the driving force behind changes in housing prices in many markets,” says Steve Berkowitz, CEO of Move, Inc. “Larger inventories, especially in the hotter markets that experienced rapid price increases in the spring, are expanding buyers’ choices and helping to moderate price increases This month’s report also underscores the uneven nature of the housing recovery and its dependence on the strength of the local economy.”

Key findings

• Dramatic national year-over-year inventory declines have evaporated. Inventories in July are only 5.24 percent below the level of a year ago compared to being down 16.47 percent year-over-year in January.

• In July 2013, the number of markets with decreases in year-over-year inventory declined to 118 markets from June’s 125. If that trend continues, some markets may see year-to-year inventory levels unchanged sometime this fall.

•All but five national markets continue to see year-over-year declines in age of inventory. On a national level, housing inventory is approximately 17 percent below last year, but the national age of inventory increased 6.25 percent month-over-month.

• Price declines decrease in local markets. Median listing prices are now negative year-over-year in only 31 markets, down from 36 in June.

• The top five MSAs with year-over-year inventory increases are Riverside-San Bernardino, Calif., 26.04 percent; Dayton-Springfield, Ohio, 23.49 percent; Atlanta, 17.85 percent; Sacramento, Calif., 16.66 percent; and Santa Fe, N.M., 14.02 percent

© 2013 Florida Realtors®



About jennyformiamihome

성심껏 도와드리겠습니다. 연락주시면 바로 상세히 답변드립니다. Jenny Shin / 신정미 부동산 (Broker's Real Estate) 남부 플로리다 마이애미 지역 한인 부동산 주택매매 렌트 싱글하우스 타운하우스 콘도 브라워드 카운티 마이애미 데이드 카운티 포트로더데일 웨스턴 코랄스프링 도랄 Rent or Buy single house, town house and Condo Miami Dade County / Broward County, fort lauderdale, coral springs, copper city, weston, doral 1398 SW 160TH AVE. SUITE 105 Weston, FL. 33326 Direct : 954-551-0236 Office : 954-384-1616 Fax : 954-697-0447 E-mail :


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Jenny Shin / 신정미 부동산
(Broker's Real Estate)
1398 SW 160TH AVE. SUITE 105
Weston FL 33326
Direct : 954-551-0236
Office : 954-384-1616
Fax : 954-697-0447
E-mail :


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