Houses, Villas, Condos & Townhomes For Sale in Zephyrhills as of … • 11.25.10
These homes are just a few of the listings from our own CENTURY 21 Bill Nye Realty, Inc.
Read more:
Houses, Villas, Condos & Townhomes For Sale in Zephyrhills as of …
These homes are just a few of the listings from our own CENTURY 21 Bill Nye Realty, Inc.
Read more:
Houses, Villas, Condos & Townhomes For Sale in Zephyrhills as of …
Three months ago, the “Current Market Conditions” survey showed that overall the U.S. housing market was displaying a rare balance between buyer demand and seller supply for the first time in eight years. The latest quarterly survey shows that equilibrium has been achieved — 41% of real estate agents said more buyers than sellers; 40% said there were more sellers than buyers, and 19% reported a 50-50 balance.
Most notable exceptions are in the Northeast, Chicago metro area, and in the Western states. (See Second Quarter chart.) Home buyers outnumber sellers by considerable margins in Chicago and the West, while sellers outnumber buyers in the Northeast.
Additional proof of a balanced nationwide housing market between buyers and sellers was reported by the National Association of Realtors, which estimated a 6.5 month supply of unsold homes in its May report. An inventory supply of 5.5 to 6.0 months is considered balanced.
The second quarter national survey also found:
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The nation’s inventory of unsold homes – an important component of a more balanced housing market in the second half of 2005 – is growing steadily in many areas of the country even though buyer demand continues strong, according to the latest HouseHunt, Inc., quarterly “Current Market Conditions” survey. The percentage of member real estate agents reporting plentiful vs. limited supplies increased from 33% in the first quarter to 38% in April, May and June.
Exceptions would be South Florida, Arizona, Southern California and certain other housing and job growth hot spots.
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