[:en]New Construction = New Competition[:es]Nueva construcción = nueva competencia[:]

[:en] 

For the last several years, home sellers had to compete with huge inventories of distressed properties (foreclosures and short sales). The great news is that the supply of these properties is falling like a rock in the vast majority of housing markets (only 8% of homes sold in August). Many homeowners are now thinking of selling as the impact of this substantially discounted competition has disappeared.

However, every seller of an existing residential property must realize that there is a new form of competition hitting the market: newly constructed homes.

According to the National Association of Home Builders (NAHB), new-home sales topped 500,000, in August, for the first time since 2008.

“This jump in sales activity is in line with our latest surveys, which indicate builders are seeing increased traffic and more serious buyers in the market for single-family homes,” said Kevin Kelly, chairman of the NAHB.

Broken down regionally, new home sales rose:

  • 50% in the West
  • 29.2% in the Northeast
  • 7.8% in the South
  • and were unchanged in the Midwest

Bottom Line

If you are thinking of selling, perhaps you should do it now to avoid additional competition coming to the market.[:es]New Construction = New Competition | Keeping Current Matters

Durante los últimos años, los vendedores de propiedades han tenido que competir con grandes inventarios de propiedades en subasta (ejecuciones hipotecarias y ventas por menos de la deuda). La buena noticia es que el suministro de esas propiedades está cayendo como piedra en la gran mayoría de los mercados de la vivienda (Solo 8% de las casas vendidas en agosto). Muchos propietarios de casa están ahora pensando en vender ya que el impacto de esta competencia ha desapareciendo substancialmente.

Sin embargo, cada vendedor de una propiedad residencial existente debe darse cuenta que hay una nueva forma de competencia llegando al mercado: casas recién construidas.

De acuerdo con la Asociación Nacional de Constructores (NAHB por sus siglas en inglés) las ventas de casas nuevas supero a 500,000 en agosto, por primera vez desde 2008.

“Este salto en la actividad de las venta se ajusta con nuestras últimas encuestas, que indican que los constructores están viendo un aumento en el tráfico y hay más compradores serios en el mercado de las casas unifamiliares,” dice Kevin Kelly, Presidente de NAHB.

Dividido regionalmente, las ventas de las casas nuevas subió:

  • 50% en el oeste
  • 29.2% en el noreste
  • 7.8% en el sur
  • y no cambio en el medio oeste

En conclusión

Si usted está pensando en vender, tal vez deba hacerlo ahora para evitar competencia adicional entrando en el mercado.[:]

[:en]New Construction = New Competition[:es]Nueva construcción = nueva competencia[:]



[:en]  For the last several years, home sellers had to compete with huge inventories of distressed properties (foreclosures and short sales). The great news is that the supply of these properties is falling like a rock in the vast majority of housing markets (only 8% of homes sold in August). Many homeowners are now thinking ...

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[:en]New Construction = New Competition[:es]Nueva construcción = nueva competencia[:]



[:en] 

For the last several years, home sellers had to compete with huge inventories of distressed properties (foreclosures and short sales). The great news is that the supply of these properties is falling like a rock in the vast majority of housing markets (only 8% of homes sold in August). Many homeowners are now thinking of selling as the impact of this substantially discounted competition has disappeared.

However, every seller of an existing residential property must realize that there is a new form of competition hitting the market: newly constructed homes.

According to the National Association of Home Builders (NAHB), new-home sales topped 500,000, in August, for the first time since 2008.

“This jump in sales activity is in line with our latest surveys, which indicate builders are seeing increased traffic and more serious buyers in the market for single-family homes,” said Kevin Kelly, chairman of the NAHB.

Broken down regionally, new home sales rose:

  • 50% in the West
  • 29.2% in the Northeast
  • 7.8% in the South
  • and were unchanged in the Midwest

Bottom Line

If you are thinking of selling, perhaps you should do it now to avoid additional competition coming to the market.[:es]New Construction = New Competition | Keeping Current Matters

Durante los últimos años, los vendedores de propiedades han tenido que competir con grandes inventarios de propiedades en subasta (ejecuciones hipotecarias y ventas por menos de la deuda). La buena noticia es que el suministro de esas propiedades está cayendo como piedra en la gran mayoría de los mercados de la vivienda (Solo 8% de las casas vendidas en agosto). Muchos propietarios de casa están ahora pensando en vender ya que el impacto de esta competencia ha desapareciendo substancialmente.

Sin embargo, cada vendedor de una propiedad residencial existente debe darse cuenta que hay una nueva forma de competencia llegando al mercado: casas recién construidas.

De acuerdo con la Asociación Nacional de Constructores (NAHB por sus siglas en inglés) las ventas de casas nuevas supero a 500,000 en agosto, por primera vez desde 2008.

“Este salto en la actividad de las venta se ajusta con nuestras últimas encuestas, que indican que los constructores están viendo un aumento en el tráfico y hay más compradores serios en el mercado de las casas unifamiliares,” dice Kevin Kelly, Presidente de NAHB.

Dividido regionalmente, las ventas de las casas nuevas subió:

  • 50% en el oeste
  • 29.2% en el noreste
  • 7.8% en el sur
  • y no cambio en el medio oeste

En conclusión

Si usted está pensando en vender, tal vez deba hacerlo ahora para evitar competencia adicional entrando en el mercado.[:]

[:en]New Construction = New Competition[:es]Nueva construcción = nueva competencia[:]



[:en]  For the last several years, home sellers had to compete with huge inventories of distressed properties (foreclosures and short sales). The great news is that the supply of these properties is falling like a rock in the vast majority of housing markets (only 8% of homes sold in August). Many homeowners are now thinking ...

Continue Reading
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