Housing Wire

FEBRUARY 16, 2023

Looking at the latest NAHB/Wells Fargo homebuilder confidence data and builder stock prices, I can say the homebuilders got very lucky this time around in the middle of a housing recession. They have less competition as they are working from low sales levels in today’s housing market. When supply is 4.3 When supply is 4.4

Construction 465

Construction Housing Market Inventory Mortgage 465

Housing Wire

MAY 18, 2022

Census Bureau released their new residential construction report for April, showing a miss on the estimate and a negative revisions data line, which I believe is lagging behind the current market reality. Housing starts came in at 1.724 million , and housing permits came in at 1.819 million — both are still very healthy numbers.

Mortgage 445

Mortgage Construction Contracts Housing Market 445

Housing Wire

MARCH 17, 2022

Of course, that’s until you look at the housing completion data, which hasn’t gone anywhere in years. Housing starts data, like new home sales data, can be wild month to month, so the trend is always more important than any one report and the revisions are critical. Housing completions. From Census: Privately?owned

Construction 437

Construction Housing Market Inventory Buyers 437

Housing Wire

MARCH 16, 2023

I often talk about how today’s economy doesn’t resemble the 1970s , and the bond market never really believed it either, hence why the 10-year yield is below 3.50% today. As you can see in the chart below, the lovely slow dance between the bond market and mortgage rates has been going on since 1971. GDP growth for the quarter.

Mortgage 488

Mortgage Construction Marketing Contracts 488

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. That’s because fewer homes are being placed under contract. By creating demand with accurate pricing and aggressive marketing.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Appraisal Buzz

MAY 17, 2021

Many of the complaints and allegations about appraisals related to not addressing the changes happening in the market as the meltdown began to occur, calling the market stable when prices were starting to decline. Between 2002-2005 in many markets, the real estate market was scorching, much like it is today.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Lamacchia Realty

APRIL 15, 2022

When Will the Housing Market Change? So if someone bought a house in early January of 2021 and put 20% down, they would have nearly 40% equity in the home by the end of December. Now all the above factors are finding a place to land, and everyone is asking: When will the market change? week supply of homes on the market.

Marketing 66

Marketing Sellers Buyers Inventory 66

Appraisal Today

APRIL 12, 2024

Tax Appeal Support: When there is a challenge to a tax assessment, a desktop appraisal may be used to provide a current market value. 40 acre lot, Built in 2005 “The village of Highlands is some of the most expensive real estate in the Carolinas,” Jackson (listing agent) says. “It baths, 14,450 sq.ft.,

Appraisal 77

Appraisal Construction Contracts Architecture 77

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. Fannie and Freddie have long said that they want appraisers to tell them about their markets. Real estate market? ==.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Lamacchia Realty

FEBRUARY 22, 2022

The 2021 Massachusetts Year in Review Housing Report breaks down average prices, sales, inventory, new active listings, and pending sales for 2021 compared to 2020 and illustrates what that means for the current market. Below is a graph that illustrates home sales per year since 2005. Pending Home Sales (contracts accepted).

Inventory 51

Inventory Sellers Buyers Real Estate 51

Appraisal Today

JUNE 3, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market changing, appraisal bias research, unusual homes, mortgage origination stats, etc. Excerpts: The housing market sizzle has faded and we’ve entered a different season. 10 Things on my mind about Today’s Market. ANSI Z765 changes.

Appraisal 52

Appraisal Contracts Real Estate Marketing 52

Lamacchia Realty

JANUARY 27, 2023

in Massachusetts The 2022 Massachusetts Year in Review Housing Report breaks down average prices, sales, inventory, new active listings, and pending sales for 2022 compared to 2021 and illustrates what that means for the current market. Market adjustments, global pandemics, and anemic inventory are not for the faint of heart.

Inventory 63

Inventory Buyers Real Estate Sellers 63

Lamacchia Realty

DECEMBER 28, 2021

2021 is going down in history as a historical year for the housing market across America. For Massachusetts, I had predicted in my 2021 Predictions that it would be the biggest year for overall home sales since 2005 and even though the final numbers aren’t in yet, it looks like my prediction will be right on. 2021 Recap.

Sellers 74

Sellers Inventory Buyers Realtors 74

Will Springer Realtor

DECEMBER 14, 2021

What did we see in 2021 Seattle/King County homeowners that were on the ball likely timed their sales at one of the highest temperatures of market hotness in recent years. At the same time, many others found themselves reluctant to market their homes amid a fear of not having a clear replacement strategy. days (November 2021). =.

Real Estate 69

Real Estate Buyers Construction Sellers 69