{"id":17993,"date":"2020-10-27T11:50:53","date_gmt":"2020-10-27T11:50:53","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=17993"},"modified":"2020-10-27T11:50:53","modified_gmt":"2020-10-27T11:50:53","slug":"options-in-sight-for-home-buyers","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/options-in-sight-for-home-buyers\/","title":{"rendered":"Options in Sight for Home Buyers"},"content":{"rendered":"

Options in Sight for Home Buyers<\/h1>\n
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Buyers are up against a limited number of homes for sale available on the market. They continue to quickly pounce on whatever is available. The National Association of REALTORS\u00ae reported Thursday that existing-home sales in September were up 21% year over year<\/a>. Home prices jumped\u00a014.8% last month too, averaging $311,800.<\/p>\n

But will the housing market open up to more buyers later in the fall? Realtor.com\u00ae\u2019s Weekly Housing Report\u00a0reflecting the week ending Oct. 17 shows some\u00a0relief may be in sight for buyers who have been struggling to find a home to buy. The number of homes for sale\u00a0appears to be leveling off, according to realtor.com\u00ae. However, researchers are quick to point out that it\u00a0still very much remains a seller\u2019s market heading into November.<\/p>\n

\u201cDuring a time when the housing market usually slows down, we are once again reminded that 2020 is anything but typical,\u201d says Danielle Hale, realtor.com\u00ae\u2019s chief economist. \u201cGoing into the last half of October, the median U.S. home for sale is still priced near the year\u2019s peak and is selling almost two weeks faster than last year. At the same time, the pace of change has steadied and, for some indicators, even slowed. This could be a welcome relief for buyers who have navigated not only a pandemic\u00a0but also a fiercely competitive 2020 homebuying season characterized by double-digit price growth and record low inventory.\u201d<\/p>\n

Newly listed homes nationwide fell 6% during the week ending Oct. 17, which is a slight uptick from the previous week, realtor.com\u00ae\u2019s report shows. New listings, however, remain \u201cvastly improved\u201d over earlier in the year, and for the fourth consecutive week they are above the pre-pandemic pace.<\/p>\n

\u201cA stabilizing new listings trend could tempt potential sellers\u2014who often are also buyers\u2014to list their home,\u201d realtor.com\u00ae says.<\/p>\n

Still, total inventory continues to be down 38% year over year, realtor.com\u00ae reports.<\/p>\n

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\u00a9 realtor.com<\/p>

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realtor.com\u00ae<\/a><\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Options in Sight for Home Buyers Buyers are up against a limited number of homes for sale available on the market. They continue to quickly pounce on whatever is available. The National Association of REALTORS\u00ae reported Thursday that existing-home sales in September were up 21% year over year. Home prices jumped\u00a014.8% last month too, averaging … <\/p>\n

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-17993","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":"\nOptions in Sight for Home Buyers - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/options-in-sight-for-home-buyers\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/options-in-sight-for-home-buyers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/options-in-sight-for-home-buyers\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Options in Sight for Home Buyers\",\"datePublished\":\"2020-10-27T11:50:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/options-in-sight-for-home-buyers\\\/\"},\"wordCount\":341,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/options-in-sight-for-home-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/magazine.realtor\\\/sites\\\/default\\\/files\\\/styles\\\/asset_image_full_content\\\/public\\\/assets\\\/images\\\/2010_DNSI_Markets3_realtorcom.jpg?itok=E_nrXrTQ\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/options-in-sight-for-home-buyers\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/options-in-sight-for-home-buyers\\\/\",\"name\":\"Options in Sight for Home Buyers - 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