{"id":3813,"date":"2012-10-23T12:30:32","date_gmt":"2012-10-23T12:30:32","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=3813"},"modified":"2012-10-23T12:30:32","modified_gmt":"2012-10-23T12:30:32","slug":"home-inventories-are-selling-faster","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/home-inventories-are-selling-faster\/","title":{"rendered":"Home Inventories Are Selling Faster"},"content":{"rendered":"<h2>Home Inventories Are Selling Faster.<\/h2>\n<div id=\"attachment_3814\" style=\"width: 332px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/10\/Low-Home-Interest-Rates-High-Home-Inventories.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-3814\" class=\"size-full wp-image-3814\" title=\"Home Inventories Are Selling Faster\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/10\/Low-Home-Interest-Rates-High-Home-Inventories.jpg\" alt=\"Home Inventories Are Selling Faster\" width=\"332\" height=\"312\" \/><\/a><p id=\"caption-attachment-3814\" class=\"wp-caption-text\">Home Inventories Are Selling Faster<\/p><\/div>\n<p><strong>Home Inventories<\/strong>\u00a0of for-sale homes aren\u2019t the only thing that is dropping. The amount of time homes are staying on the market is growing shorter as well\u2014down 11 percent in the last year\u2014according to the latest Realtor.com data.<\/p>\n<h3>Home Inventories\u00a0were listed on average 95 days, according to September housing data. That is down from 107 days a year earlier.<\/h3>\n<p><em>Home Inventorie<\/em>s\u00a0are selling the fastest in Oakland, Calif., in which the median age of the inventory averages 21 days, which is 57 percent below what it was a year ago. Denver, Colo. boasts a median age of inventory of only 38 days, followed by fast-selling markets of Stockton-Lodi, Calif., with 43 days, and San Francisco with 44 days.<\/p>\n<p>As the median age of the inventory is falling,\u00a0<span style=\"text-decoration: underline;\">Home Inventories<\/span> of for-sale homes continue to hover at record lows too, dropping 18 percent last month compared to a year ago.<\/p>\n<p>\u201cThere\u2019s a recovery,\u201d Curt Beardsley, vice president of Realtor.com, told BusinessWeek. \u201cOur market times are low and there\u2019s actually a compression of inventory.\u201d<\/p>\n<p>Home buyer demand is increasing, with housing affordability still high and ultra low mortgage rates that have pushed home buyers\u2019 purchasing power higher. The rise in demand has caused asking prices to also rise. Last month, the median asking price was $191,500, which is up 0.8 percent compared to a year earlier, Realtor.com reports.<\/p>\n<p><em>Source: &#8220;<a href=\"http:\/\/www.businessweek.com\/news\/2012-10-15\/listings-of-homes-for-sale-drop-as-u-dot-s-dot-housing-recovers\" target=\"_blank\">Listings of Homes for Sale Drop as U.S. Housing Recovers<\/a>,&#8221; BusinessWeek (Oct. 15, 2012) and REALTOR\u00ae Magazine Daily News<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home Inventories Are Selling Faster. Home Inventories\u00a0of for-sale homes aren\u2019t the only thing that is dropping. The amount of time homes are staying on the market is growing shorter as well\u2014down 11 percent in the last year\u2014according to the latest Realtor.com data. Home Inventories\u00a0were listed on average 95 days, according to September housing data. That &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/home-inventories-are-selling-faster\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-3813","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Home Inventories Are Selling Faster - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Home Inventories Are Selling Faster. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Home Inventories Are Selling Faster - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","description":"Home Inventories Are Selling Faster. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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