February Brought More Affordable Listings To The Market

February Brought More Affordable Listings To The Market

ByTMN Editor Reading Time: 2 minutes

As sellers are forced to adjust to the housing market’s new normal, more affordable inventory is cropping up.  The share of available homes in the $200,000 to $350,000 price range saw the biggest growth of any price category in February, up 20.6% YOY, Realtor.com reported. Though inventory remains tight, money-minded buyers may see an uptick…

Supply Of Affordable Homes Surged In Q3

Supply Of Affordable Homes Surged In Q3

ByTMN Editor Reading Time: 2 minutes

The supply of affordable homes in the U.S. rose 13% year-over-year (YOY) in Q3, increasing at a record pace of 1.6% YOY, according to a Redfin report. The report suggests the increase in affordable homes is due to forbearance programs ending, forcing many owners of low-cost homes to put them on the market.  As forbearance…

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