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Alex Karimi

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Alex Karimi

HomeBased Realty

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by Alex Karimi

July 25, 2018


by Keeping Current Matters
As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will continue to strengthen throughout 2018.However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory!Here’s what a few industry experts have to say about the current inventory crisis:Lawrence Yun, Chief Economist for the National Association of Realtors“Inventory coming onto the market during this year’s spring buying season…was not even close to being enough to satisfy demand, that is why home prices keep outpacing incomes and listings are going under contract in less than a month – and much faster – in many . . .

Featured Listings

listed
Beautiful 6-bedroom, 3 bath pool home in the great community of Sunset Heights. One bedroom on the main floor and the Master together with the other 4 spacious rooms on the upper floor. Fully upgraded, this house stands out among all other 6bed homes.
$679,000
listed
6
beds
3
baths
3,660
Sq Ft
sold
GORGEOUS FORMER MODEL HOME. THIS HOUSE HAS ALREADY BEEN UPGRADED SO YOU CAN SAVE YOURSELF BOTH TIME, AND MONEY, THIS IS TRULY A BEAUTIFUL HOUSE. COZY FIREPLACE IN LIVING ROOM. CEILING FAN IN LIVING ROOM & MASTER BEDROOM. CONVENIENT ACCESS TO FREEWAY 14.
$567,000
sold
3
beds
3
baths
2,338
Sq Ft

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