2009 Buyers Construction Development 
Housing Wire
JANUARY 19, 2022
Department of Housing and Urban Development and the U.S. Construction of single-family homes dropped 2.3% from November to 1.172 million units, the construction of multifamily units again posted a sizable increase of 13.7% 2021 was a strong year for construction.”. Census Bureau. to 524,000 units. above the 2020 figure.
Housing Wire
FEBRUARY 22, 2022
homebuilder, housing starts, lumber, builders, builder confidence, construction. Owing to a historic inventory crunch, new construction is playing a more prominent role in the housing inventory landscape in decades. of homes for sale were new construction. million homes are under construction, the highest level in decades.
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Housing Wire
DECEMBER 16, 2021
How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates? Lenders should expect a much faster pace of hikes over the next few years than what was experienced following the 2009 recession. The inventory of existing homes remains quite tight at less than 2.5
Annarbor Appraisal
APRIL 9, 2020
Ann Arbor is somewhat insulated from national market forces in that we are a university community, and the university brings with it a lot of stability due to student life, research and development, and the industries that tie in to the university. Houses in blue, condominium units in orange, new construction included.
Will Springer Realtor
JULY 11, 2023
Home prices continued to confound buyers by climbing toward record highs as summer began. The slippage in listings under contract – which is currently at the third-slowest annual pace this century (after 2008 and 2009) – is a barometer for future sales. from May to 3242 units – the highest monthly figure since last September.
Will Springer Realtor
JUNE 9, 2021
Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 range won’t last forever.
Appraisal Today
JULY 1, 2022
Excerpt: What’s the difference between a newly constructed home and a hundred-year-old home? When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated.
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