#RealEstateInventory

[theshulergroup]

Many homeowners are holding off until rates drop to a “magic rate.” Discover what rates homeowners need to feel comfortable selling.

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Ebby Halliday

The Shuler Group

Billy Shuler

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[hemalatharsoft]

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[naplesgolfguy]

Will Lack of Listings Slow Down the Market?

Check out what economists say.  Thankfully, Naples has a 7 month inventory right now which is considered a balanced market.

As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will continue to strengthen throughout 2018.

However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory!

Here’s what a few industry experts have to say about the current inventory crisis:

Lawrence Yun, Chief Economist for the National Association of Realtors

“Inventory coming onto the market during this year’s spring buying season…was not even close to being enough to satisfy demand, that is why home prices keep outpacing incomes and listings are going under contract in less than a month – and much faster – in many parts of the country.”

Sam Khater, Chief Economist for Freddie Mac

“While this spring’s sudden rise in mortgage rates [took] up a good chunk of the conversation, it’s the stubbornly low inventory levels in much of the country that are preventing sales from really taking off like they should… Most markets simply need a lot more new and existing supply to cool price growth and give buyers enough choices.”

Alexandra Lee, Housing Data Analyst for Trulia

“This seasonal inventory jump wasn’t enough to offset the historical year-over-year downward trend that has continued over 14 consecutive quarters…Despite the second-quarter gain, inventory was down 5.3% from a year ago. Still, this represents an easing of the double-digit drops we’ve been seeing since the second quarter of 2017.”

Bottom Line

If you are thinking about selling, now may be the time. Demand for your house will be strongest while there is still very little competition which could lead to a quick sale for a great price.

Learn more...

[realestatelu]

You can put a bow on it #blackfriday2019 #holidayshopping #christmasshoppingtime #realestateinventory #homebuys #homeselling #listingagent #njbroker #newconstructionhomes #newjerseyrealestate #eXprealty #exprealtyrocks #exprealtynj https://www.instagram.com/p/B5cyGu9gbus/?igshid=pfiqgraxlsme

[massinvest]

#realestateinventory if you answer yes, you need to take action ASAP! Get on the call list before the line fills up! Link below: http://www.reiwebtools.com/ss/ss=7b2270223a223433222c226d223a2236393438227d (at Los Angeles, California) https://www.instagram.com/p/B4L_alxB_7M/?igshid=1ynrb4citf5y

[kathleensellsidaho-blog]

Is a Home Inventory Necessary?

A person doesn't realize how important a home inventory is until they have a loss.

If you would like to have more tips and a form to itemize your possessions, download the Home Inventory. This will even allow you to include pictures and store it in digital format for safe keeping.

#boiserealestate #boiseagent #idahorealestate #idahorealtor #realestateinventory

https://www.instagram.com/p/CPnons3n18x/?utm_medium=share_sheet

[personalfn-blog]

This Bold Move By The Government Can Make Housing Affordable

Historically, Indian real estate sector has been infamous for bullying home buyers and flouting the law. Builder-political nexus made real estate sector the most fertile land for black money creation and the storehouse of unaccounted wealth as well. With the implementation of Real Estate Regulation and Development Act (RERA), the present Government conferred upon more bargaining power to the home buyers. As you might be aware RERA has made real estate developers more accountable. The days of builders diverting funds collected for one project to another, deliberately delaying the construction work and harassing buyers over the payment of unjust charges under various heads are over. RERA has made stringent provisions against all such misdeeds. But you would be surprised to know, despite a rigorous law being in place, builders have been stubbornly holding up property prices very high in many real estate markets across the country by hoarding a pile of real estate inventory with an aim to sell it at a higher rate in future. As per the estimates of Liases Foras—one of India’s leading independent, non-brokerage real estate research firm—Indian real estate sector had an inventory of 765 million square feet by the end of June 2017. In other words, nearly 7.6 houses are still vacant due to high prices. This is likely to change soon. Modi Government has decided to come down heavily on the unwarranted profiting motives of real estate developers. Based on one of the recently passed Court order that upheld the stance of the Income-Tax (I-T) Department to treat the unsold flats as deemed to be let out property, builders may now have to declare a notional income on the real estate inventory (which they showed as stock-in-trade in their books until now). The Finance Ministry is looking at it as an avenue to raise its revenues. Moreover, the Government is planning to make the linkage of Aadhaar to the property registrations mandatory.

What’s the impact of these announcements on the real estate sector?

Property prices are likely to fall if both these plans get executed as expected. If the I-T department starts recovering tax on the notional income of real estate developers, builders will find it difficult to hold onto the unsold inventory for very long. This, in turn, would make them sell inventory faster and perhaps bring down property prices. Moreover, linking Aadhaar to the property registrations will help draw out black money from the real estate sector and curb the benami property transactions. This dual-action plan would be a double-whammy for builders indulging in malpractices. It’s interesting to see if the Government takes up this issue and deals with it decisively in the Budget 2018-19. This being the last full-year budget before we head for 2019 Lok Sabha elections, the Government may try to take tough decisions. Furthermore, as India’s fiscal deficit has already touched 96% of the threshold limit set for the current fiscal in October, the Government may try to shore up its revenue by imposing a tax on the real estate inventory in the next fiscal.

What should buyers do?

Besides, affordability while exploring a property, do thorough background checks considering the following:

Who is the builder?

Has he registered under RERA

Is the builder listed or recognised by the housing finance company (in case if you want to avail a home loan facility)

What has been his track record?

Has he completed the construction of his projects as per schedule?

Quality of Construction

Visit the site and inspect the quality of construction

The rate which he is offering for the amenities

You may also visit other sites developed by the same builder just to check whether he has fulfilled all promises made and offered amenities as promised

Title of the property on which the construction is taking place or has taken place (to ensure that it free from any encumbrances and litigations and save you from inconveniences in the future)

Has he obtained all statutory permissions

In case of on-going construction, when the possession will be obtained

In case of a ready property - i.e. newly constructed or a resale property, has a society being formed and age of construction of the property

PersonalFN believes if you are buying a primary house i.e. a house to shift and live with your family, anytime is a good time to buy. But ensure that you are carefully and smartly evaluating your options. After all you don't wish to get into a 'Campa Cola' (society) like situation and be left in lurch when you have moved in with your loved ones. If you are looking at investing in real estate, probably taking cognisance of the present property market and your financial circumstances would be appropriate before you strike a deal. Investing in real estate is a big decision, so ensure you do it thoughtfully with apt planning.

This post on " This Bold Move By The Government Can Make Housing Affordable   " appeared first on "PersonalFN"

[tsgpalmbeachflorida]

Fall Real Estate Inventory

{image: ENGELVOELKERS.com}

Do you sometimes wish that you had a bit more breathing room at the start of season? Look no further than ENGEL & VOLKERS fall real estate inventory. At times, Palm Beach can feel small but ENGEL & VOLKERS helped us discover that embracing the luxury of Palm Beach doesn’t mean sacrificing space. We scouted two of ENGEL & VOLKERS’s current fall finds to showcase that sometimes bigger just is better.

Our first stop in Palm Beach County is a 15 acre equestrian facility. We can’t help but feel that the grass may be greener on this piece of land. With four bedrooms and five bathrooms, the estate boasts over 6,000 square feet of living space. The entire family, and then some, will be able to spread out on this incredible plot of land. For those that love all things equestrian, this classic dream home is right up your alley. Listing price: $11,000,000.

{image: ENGELVOELKERS.com}

{image: ENGELVOELKERS.com}

{image: ENGELVOELKERS.com}

If you’re not ready to give up the tropical island lifestyle but still want the extra space, ENGEL & VOLKERS helped us scout the perfect island-inspired oasis. This lovely Key West style equestrian estate combines the iconic conch-style with enough space for land lovers to enjoy. This home also offers four bedrooms and five bedrooms and has a total square footage of living space of just over 3,500. Including all of the land, the property encompasses a little more than 5 acres. 

A strong selling point for this large piece of land is the outdoor aquatic area. The pool and jacuzzi are perfect for warm summer nights and a covered outdoor seating area lets you take advantage of Palm Beach’s year-round perfect weather. Not only does the large pool offer an aquatic escape, but this is also a waterfront property. Sitting along a canal, don’t expect to see any nearby neighbors as you enjoy the backyard’s solitude. Listing price: 1,625,000.

{image: ENGELVOELKERS.com}

{image: ENGELVOELKERS.com}

{image: ENGELVOELKERS.com}

{image: ENGELVOELKERS.com}

{image: ENGELVOELKERS.com}

For more information on both properties or to inquire about other options call (561) 659-3872.

[realestatelu]

FSBO, don't go it alone👻 #realtors #realestaterockstar #realestatetips #realestateinventory #realestatesales #njhomesales #zombiestyle #zombiemakeup #zombieland #homebuys #homesweethome🏡 (at New Jersey) https://www.instagram.com/p/B4FFrc1AS4S/?igshid=1r45xh7w52lsj

[realestatelu]

#realtorlife #buyingandselling #listandsell #realestatelife #realestateinventory #makeadeal #undercontract #underconstruction #reaptherewards https://www.instagram.com/p/BwSFDdaAmDO/?utm_source=ig_tumblr_share&igshid=1jghmfrofcmxk