{"id":3828,"date":"2012-10-24T13:07:15","date_gmt":"2012-10-24T13:07:15","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=3828"},"modified":"2012-10-24T13:07:15","modified_gmt":"2012-10-24T13:07:15","slug":"housing-shortages-plague-market","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/housing-shortages-plague-market\/","title":{"rendered":"Housing Shortages Plague Market"},"content":{"rendered":"

Housing Shortages Plague Market<\/h2>\n
\"Housing<\/a>

Housing Shortages Plague Market<\/p><\/div>\n

Buyer demand is up, but there aren\u2019t enough homes available to buy, according to the National Association of REALTORS\u00ae, which blamed a recent drop in home sales<\/a> on\u00a0Housing Shortages<\/strong> of for-sale homes.<\/p>\n

\u201cRecent price increases are not deterring buyer interest,\u201d notes Lawrence Yun, NAR\u2019s chief economist. \u201cRather,\u00a0Housing Shortages<\/em> are limiting sales, notably in parts of the West.\u201d For example, sales of homes priced under $100,000 in the West have dropped 47 percent from a year ago.<\/p>\n

Home owners are not putting their homes on the market at a high enough rate to offset the drop in distressed volumes, CNBC reports. Distressed sales have made up more than one-third of home sales in the past two years, but more recently has only made up about 24 percent of total home sales.<\/p>\n

Besides the drop in distressed homes for-sale, many home owners are still continuing to wait out the market to recover more equity in their homes before they try to sell.<\/p>\n

Yun says that home builders need to increase construction in order for home sales to recover more and to meet the demand for houses. Housing starts have risen 43 percent compared to a year ago, but levels still are only about half of what is considered normal for the sector.<\/p>\n

Source: \u201cIs There a Housing Shortage?<\/a>\u201d CNBC (Oct. 19, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Housing Shortages Plague Market Buyer demand is up, but there aren\u2019t enough homes available to buy, according to the National Association of REALTORS\u00ae, which blamed a recent drop in home sales on\u00a0Housing Shortages of for-sale homes. \u201cRecent price increases are not deterring buyer interest,\u201d notes Lawrence Yun, NAR\u2019s chief economist. \u201cRather,\u00a0Housing Shortages are limiting sales, … <\/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-3828","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":"\nHousing Shortages Plague Market - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Housing Shortages Plague Market, Housing Shortages are limiting sales.\" \/>\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\/housing-shortages-plague-market\/\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-shortages-plague-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-shortages-plague-market\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Housing Shortages Plague Market\",\"datePublished\":\"2012-10-24T13:07:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-shortages-plague-market\\\/\"},\"wordCount\":237,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-shortages-plague-market\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2012\\\/10\\\/400x1.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-shortages-plague-market\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-shortages-plague-market\\\/\",\"name\":\"Housing Shortages Plague Market - 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