Housing Wire

FEBRUARY 21, 2023

While some level of optimism appears to have crept into the housing sector, it represents an increase from very low levels of activity — and is at risk of declining again if rates reverse, Duncan said. million, it still marks the slowest annual pace of sales since 2011. million units. million units as the broader economy recovers.

Inventory 369

Inventory Mortgage Housing Market Contracts 369

Housing Wire

AUGUST 16, 2022

Tuesday’s housing starts report clearly shows that homebuilders are going to be done with single-family construction until mortgage rates fall. If it wasn’t for solid rental demand boosting multifamily construction this year — 18% year to date —this data line would have looked much worse.

Mortgage 529

Mortgage Construction Inventory Buyers 529

Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 months worth of housing inventory, which is the lowest ever, the report from Keller Williams said.

Marketing 531

Marketing Realty Realtors Housing Market 531

Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. However, the housing market changed once the 10-year yield broke over 1.94%.

Housing Market 390

Housing Market Inventory Construction Marketing 390

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. in first quarter to 27.5% Sector leaders are predicting more of the same for 2024.

Investors 342

Investors Inventory Investing Real Estate 342

Housing Wire

APRIL 21, 2022

“The state of the housing crisis,” Pullen said, “Is such that we do not have the luxury to say ‘no’ to any innovative approach.”. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

Construction 385

Construction Supply Chain Investors Business 385

Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” See the August housing report further below, if you dare!). That’s the most since 2007.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. The Seattle luxury condo market is taking it on the chin, with prices in downtown/Belltown down 19% for the month and 24% YoY ($515K) on 7.7 months of inventory.

Inventory 36

Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

DECEMBER 14, 2021

A shortage of homes for sale sparked some of the fastest-moving deals in memory, particularly on the Eastside, where single-family homes “sat” on the market for a median 5.4 What will the 2022 Seattle/King County housing market offer? New construction across King is projected to decline a surprising 11% in dollar terms in 2022.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. months of inventory available in the county, down from 2.0 Single-family inventory narrowed to 1.7 Inventory of county condos rose to 2.5

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

MAY 13, 2024

GIMME SHELTER: AMERICA’S HOUSING PROBLEM WORSENS This country is struggling – mightily – to put enough roofs over the heads of Americans. Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. in the first half of 2022.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

DECEMBER 8, 2021

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% from a year ago and at a level not seen since 2011. Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. OCTOBER HOUSING UPDATE.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. “A million sq.

Architecture 36

Architecture Design Buyers Construction 36

Appraisal Today

JUNE 17, 2022

Watch the excellent 4-minute video with Mark Zandi , “There’s a comeuppance coming in the housing market” It discusses how today is different from 2008 and what is happening today. EDI to UAD, 1994 – EDI maybe, 2011 – UAD. Appraisers wrote up long disclaimers about how they did not know the effects.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52