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Lack of Inventory Challenging Many Housing Markets

Lack of Inventory Challenging Many Housing Markets | Keeping Current Matters

Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject:

David Crowe, Chief Economist for the National Association of Home Builders:

“Many sellers may not have an absolute decision as to whether to buy an existing home or a new home. So the low inventory of existing homes is locking them in place.”

Ralph McLaughlin, Chief Economist with Trulia:

“We are in a time of short supply, which is great news for sellers because they will likely be faced with multiple offers due to the little inventory out there…Buyers will be up against a lot of other people and against a short supply of existing homes.”

Lawrence Yun, Chief Economist with NAR:

“First-time buyers in high demand areas continue to encounter instances where their offer is trumped by cash buyers and investors. Without a much-needed boost in new and existing-homes for sale in their price range, their path to homeownership will remain an uphill climb.”

Fitch Ratings:

“One important issue that has restrained sales and starts is inventory. On an absolute basis, inventory has not expanded as much as in past recoveries, leading to less selection for buyers. This is especially true for existing home sales but is evident for new home construction as well. When it comes to U.S. housing inventory, more is better.” 

Jonathan Smoke, Chief Economist for Realtor.com:

“The increase in sales is resulting in continued tighter-than-tight supply—measured by NAR to be four months in January.  For you non-economists out there, that metric measures the number of months it would take to sell the current inventory of available homes, at the current pace. Got it? Six to seven months’ worth of homes on the market is considered normal; four months is cray-cray.”

Buyer Information

203 Hunterwood Dr, White House, TN, Home For Sale

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Beautiful, move in ready home located in the Northwoods Subdivision in White House TN. 3 bedrooms, 2 full baths, 2 car garage, 1867 square ft, covered deck, patio, great subdivision! Priced to sell at $175,000.  3rd bedroom is presently being used as a bonus room.  Contact me today for more details.

White House offers walking trails, restaurants, shopping.  With close proximity to Interstate 65 you are less than 30 miles to downtown Nashville and even closer to Franklin, KY.  A great small town where the community really comes together to support each other.

White House Homes For Sale

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Tina Redding, RealtorEXIT Real Estate Solutions, 103 Hazel Path Ct, Suite 2, Hendersonville TN 37075

Cell (615)268-5985/Office (615)826-0001/Email tinar@realtracs.com/homesbytinaredding.com

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HUD Home For Sale 102 Beechbrook Ct, White House, TN $155,000

102 Beechbrook Ct, White House TN – HUD Home For Sale $161,900

102 Beechbrook Ct – located in the Beechbrook Estates Subdivision in the White House community this home has a lot to offer.  This cape cod vinyl siding home listed with Keller Williams has lots of room in a great neighborhood.  1466 square ft, great curb appeal, carpet, vinyl, spacious kitchen with combination dining, partial unfinished basement, attic expansion, 2 car garage in basement.  Sitting on .38 acre, deck and covered patio, homes like this are hard to find in this small town community.

This HUD home qualifies for the $100 down program and $1,540 repair escrow.  Visit http://www.hudhomestore.com for more information about HUD homes.  Review this case #483-325199 for bidding dates/times.

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White House Community Information

Within minutes to interstate 65, north of Nashville, Sumner County is a short distance to Kentucky or 30 minutes to downtown Nashville.  Local retail and dining, parks, schools, and walking trails are minutes from the Beechbrook Estates Subdivision.  White House has that small town feel that so many communities are lacking today.  Residents here really pull together when one of their own has a need.

Access Community Reports for White House, TN

FREE community reports, school reports, and demographic info.  Schools serving 102 Beechbrook Ct include Harold B Williams Elementary, White House Middle and White House High School.

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*Information believed to be accurate but not guaranteed.  Buyer to verify self on all information.

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Take advantage of what White House and Sumner County has to offer.  Connect with me today!
Tina Redding, RealtorEXIT Real Estate Solutions, 103 Hazel Path Ct, Suite 2, Hendersonville TN 37075Cell (615)268-5985/Office (615)826-0001/Email tinar@realtracs.com/homesbytinaredding.com

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Each office owned and independently operated
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Serving all of your Real Estate needs in Middle TN
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Properties For Sale White House TN New Listings as of 4/23/13

The following are the newest listings in the White House area as of 4/23/2013. White House is located north of Nashville in both Robertson and Sumner County. Just minutes to interstate 65 and area shopping, White House is a very close knit community with a short drive to neighboring cities such as Hendersonville.

1439 Winding Way Dr

White House, TN 37188

$91,900

  • 3 bds
  • 1 ba
  • 1170 sq ft
  • Status: Active
  • Listing #: 1444209
DON’T MISS THE OPPORTUNITY FOR THIS 3 BD 1 BA HOME*OPEN FLOOR PLAN*NICE DECK*LARGE WALK IN CLOSET IN MASTER BEDROOM*THIS IS A FANNIE MAE HOMEPATH PROP…
Listing courtesy of Parks MTRMLS
  • 923 Meadowlark Dr

    White House, TN 37188

    $119,900

    • 3 bds
    • 2 ba
    • 1031 sq ft
    • Status: Active
    • Listing #: 1444249
    Charming 3 bedroom home! Very nice inside and out. Great level 1 acre lot. Nicely renovated. Covered back porch with a private view 32×24 workshhop…
    Listing courtesy of One Stop Realty, LLC MTRMLS
  • 301 SYCAMORE DR

    White House, TN 37188

    $193,500

    • 5 bds
    • 4 ba
    • 2829 sq ft
    • Status: Active
    • Listing #: 1443967
    Great Clean House! New Paint New Carpet!!
    Listing courtesy of Century 21 Premier MTRMLS
  • 2008 Apollo Dr

    White House, TN 37188

    $299,900

    • 4 bds
    • 4 ba
    • 3474 sq ft
    • Status: Active
    • Listing #: 1443649
    Over 3400 sqft 4 bedroom home nestled in a tree studded acre lot! Full Apartment 2nd kitchen & all. Granite counters, tile floors, custom crown mouldi…
    Listing courtesy of Haven real estate MTRMLS
  • 107 Millstone Way

    White House, TN 37188

    $348,900

    • 4 bds
    • 4 ba
    • 3270 sq ft
    • Status: Active
    • Listing #: 1443699
     Listing courtesy of Martin Properties MTRMLS
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Contact ME! Or any licensed agent to view.
                 
                                                             
(615)826-0001
White House TN Real Estate – Tina Redding (615) 268-5985
 
Buying or selling a home is one of those major occurrences in life that can be a very trying experience if you don’t have the right partner to help you through the process. This is where I can help. I strive to put my clients first with service as a mainstay in a very competitive market. Start your home search today in White House, TN.
 
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