Housing Wire

APRIL 18, 2023

What is the best news for mortgage rates long-term? Housing inflation post-2020 was one for the record books, not only because home prices accelerated in such a short time, but more importantly for the inflation data, rents took off, something that didn’t happen during the housing bubble years. percent (±13.3 percent (±18.6

Mortgage 487

Mortgage Construction Supply Chain Housing Market 487

Housing Wire

AUGUST 18, 2020

The Census report on new construction showed a whopping 22.6% increase above the revised June estimate in housing starts in July. This means we can add housing starts to our growing collection of V-shaped recovery charts for the 2020 housing market. The years 2020-2024 have the best demographics for housing.

Housing Market 544

Housing Market Marketing Construction Inventory 544

Housing Wire

JULY 26, 2022

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. Since the summer of 2020, I have genuinely believed the housing market could change once the 10-year yield broke over 1.94%. In response, they stalled construction for 30 months.

Construction 498

Construction Housing Market Inventory Marketing 498

Housing Wire

APRIL 25, 2023

According to this theory, we have more homes under construction than any time in history. The truth is, it’s not 2008 all over again. I understand the lure of the housing 2008 story. In their haste, they miss the bigger picture of the housing market. 267,000 homes are under construction, still.

Inventory 458

Inventory Housing Market Construction Marketing 458

Housing Wire

NOVEMBER 2, 2020

I’m talking about housing market crash headlines. The housing data has been wild this year. These dramatic peaks and valleys in the data have fed the demons of greed and fear that infest the minds our extreme housing bulls and the fierce housing market bears – leading to equally wild speculations about the future of U.S.

Housing Market 545

Housing Market Marketing Inventory Design 545

Housing Wire

JANUARY 27, 2023

What is happening with homebuilders and the new home sales sector as we head into the spring housing market ? On the other hand, mortgage rates have gone down more than 1% since Oct. This makes them much more efficient sellers than existing homeowners, who need to find another house once they sell. months of supply.

Mortgage 530

Mortgage Construction Buyers Inventory 530

Housing Wire

SEPTEMBER 22, 2020

housing market and compare those to where we are today — in the middle of one of the most epic years in our country’s history, due to COVID-19. No doubt about it, the COVID crisis has taken some juice out of the 2020 housing market. The February housing data, pre-COVID, was juicy indeed. higher than a year ago.

Housing Market 542

Housing Market Marketing Construction Buyers 542

Housing Wire

OCTOBER 5, 2023

The real estate market in China, both commercial and residential, have been unwinding over the last few years. in 2008 and 2009. Investors who have been burned by events in China may also start seeing ghosts in other markets and decide the risk profile is just too unfavorable. As the Chinese real estate market declines, the U.S.

Real Estate 381

Real Estate Housing Market Marketing Investors 381

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA).

Mortgage 382

Mortgage Construction Lending Real Estate 382

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 446

Mortgage Construction Contracts Housing Market 446

Housing Wire

FEBRUARY 16, 2023

There is one simple reason for this: it’s not 2008. They have less competition as they are working from low sales levels in today’s housing market. In an odd twist of fate, the delays due to COVID-19 are currently an infrastructure and jobs program for Americans in the construction industry.

Construction 467

Construction Housing Market Inventory Mortgage 467

Housing Wire

JANUARY 19, 2023

The Census Bureau ‘s housing starts report for December shows that housing completions are still too slow, and we are running out of time this year as housing permits are set to fall until the homebuilders get rid of their excess supply. million until 2020-2024, when demand would finally warrant that type of construction.

Mortgage 441

Mortgage Construction Marketing Housing Market 441

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

Inventory 489

Inventory Housing Market Construction Marketing 489

Housing Wire

NOVEMBER 16, 2022

Homebuilder confidence continued to drop in November, hitting its lowest level since June 2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

Buyers 543

Buyers Mortgage Real Estate Housing Market 543

Housing Wire

MARCH 23, 2023

However, with active listings now near all-time lows, the builders’ new homes still have more value in the housing market than what we saw in previous decades. They can cut prices, pay down mortgage rates for their buyers, and do what they need to to make it work for them to move their products. When supply is 4.3

Inventory 529

Inventory Housing Market Construction Marketing 529

Housing Wire

FEBRUARY 24, 2023

9 up until the early part of February as mortgage rates fell from 7.37% to 5.99%. To combat higher mortgage rates, builders have been cutting prices and buying down rates to move product. They still have a lot of work to do here, so we shouldn’t expect anything good to come from the housing permits side of the economy in 2023.

Inventory 419

Inventory Construction Housing Market Mortgage 419

Empire Appraisal Group

MARCH 9, 2023

5 Reasons This Isn’t a Repeat of the 2008 Housing Crash Source: 5 Reasons This Isn’t a Repeat of the 2008 Housing Crash (nar.realtor) By: Melissa Dittmann Tracey NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago. Less risky loans.

Real Estate 78

Real Estate Inventory Housing Market Construction 78

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today.

Inventory 389

Inventory Marketing Mortgage Supply Chain 389

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. This sector on an apples-to-apples basis is more expensive than the existing home sales market. percent (±11.9

Mortgage 437

Mortgage Inventory Housing Market Construction 437

Housing Wire

SEPTEMBER 21, 2022

Housing construction in the U.S. during the brief COVID-19 recession, to that recovery, and now in the new housing recession, is going to go down in history as one of those crazy data lines we lived through. million housing completions in the monthly report. months and below, this is an excellent market for the builders.

Construction 499

Construction Housing Market Marketing Business 499

Empire Appraisal Group

JANUARY 26, 2023

5 Reasons This Isn’t a Repeat of the 2008 Housing Crash NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago. Though layoffs in the technology and mortgage industries are occurring, they haven’t accumulated enough to form a net job loss, Yun noted.

Real Estate 78

Real Estate Realtors Inventory Housing Market 78

Housing Wire

JANUARY 26, 2024

A Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) requires a borrower to be at or over the age of 62 to qualify for a loan, making baby boomers most of the new qualifying candidates for a HECM. A new report from Construction Coverage sourced by its researchers and data from the U.S.

Marketing 369

Marketing Construction Housing Market Mortgage 369

Housing Wire

APRIL 2, 2021

Sectors that were hit hardest by the pandemic led job growth last month, with jumps in leisure, hospitality, public and private education and construction – good signs for the housing industry. The Mortgage Bankers Association expects this heightened pace to drop unemployment numbers to below 5% by the end of the year.

Inventory 497

Inventory Construction Housing Market Business 497

Housing Wire

NOVEMBER 27, 2023

One of the urban myths spouted by people needing more experience tracking housing data was that millions of homes would hit the marketplace in 2023 because the builders had so many homes under construction. Even in the worst housing bubble crash of our lifetime in 2008, the number of new homes for sale was under 200,000.

Construction 418

Construction Buyers Mortgage Inventory 418

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

Insurance 335

Insurance Housing Market Marketing Agents 335

Housing Wire

JULY 13, 2022

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. housing market as savagely unhealthy. Over the last two and a half years of U.S.

Inventory 539

Inventory Housing Market Mortgage Marketing 539

Housing Wire

JANUARY 19, 2024

It happened in 2008 and then didn’t happen again until 2023. We don’t have any data that shows sales are crashing from this low level: this is key when looking at the future because it does give us a place to grow sales as long as mortgage rates fall. From NAR : Existing-home sales waned 1.0% All four U.S.

Housing Market 402

Housing Market Inventory Contracts Marketing 402

Housing Wire

JANUARY 6, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. Measuring the housing deficit. Since 2018, the housing supply deficit has been growing.

Supply Chain 493

Supply Chain Housing Market Construction Inventory 493

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Realtors 404

Realtors Buyers Inventory Sellers 404

Housing Wire

NOVEMBER 25, 2020

I have been consistent in my stance that during the years 2008 to 2019, we had the weakest housing recovery ever. I said that housing starts would never start a year at 1.5 Only then would we see enough demand from the new home sales market to warrant that much construction. If inventory breaks over 6.5

Housing Market 536

Housing Market Inventory Construction Marketing 536

Housing Wire

JUNE 20, 2023

As I have said many times over the last few months, the builders are efficient sellers and they’re taking advantage of an existing home sales market that is suffering from low inventory and higher mortgage rates. months and above, the builders will pull back on construction. When the supply is 6.5

Housing Market 423

Housing Market Construction Sellers Marketing 423

Housing Wire

JUNE 27, 2023

The builders have managed their backlog nicely to ensure this data line doesn’t explode higher on them like we saw in 2008. But a bigger story here is that the builders’ biggest competition isn’t other builders — it’s the number of existing homes on the market. months , this is just an OK market for builders.

Construction 477

Construction Inventory Marketing Buyers 477

Housing Wire

JUNE 2, 2022

housing market. And now we are facing a tumultuous year of mortgage market normalization. So it’s true to say that turmoil and mortgage outlooks are strange bedfellows, but it’s true. Interest rates are rising, affordability is a challenge, and geopolitical conflicts impact global supply markets.

Housing Market 433

Housing Market Supply Chain Construction Clients 433

Housing Wire

JUNE 10, 2022

Of course, the answer is about why this is not the same market — in any way — to post 2008. There are many reasons this isn’t like 2008: people are staying longer in their homes, aging in place and have more equity in their homes than 2008. HousingWire: What is the weirdest job you’ve ever had?

Sellers 379

Sellers Housing Market Inventory Buyers 379

Housing Wire

APRIL 11, 2022

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. million homes, which would mean the madness in the housing market would be over.

Inventory 493

Inventory Housing Market Marketing Modernization 493

Housing Wire

MARCH 23, 2022

Though February’s new sales were below recent highs, builders are still selling homes at a higher seasonally adjusted rate than they did at any point between 2008 and 2019,” Zillow economist data analyst Dan Handy said in a statement. Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement.

Supply Chain 350

Supply Chain Housing Market Buyers Construction 350

Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates?

Marketing 447

Marketing Mortgage Supply Chain Inventory 447