Housing Wire

JULY 19, 2023

The lack of existing homes for sale on the market is driving a resurgence of home-price growth and supporting increases in new home construction, according to Fannie Mae ’s Economic & Strategic Research (ESR) group. This puts the onus on homebuilders and can be seen in the construction data,” Duncan added. While the U.S.

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Construction Inventory Housing Market Marketing 266

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 492

Inventory Housing Market Construction Marketing 492

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.

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Inventory Housing Market Mortgage Marketing 539

Housing Wire

AUGUST 23, 2022

Tuesday’s new home sales report missed expectations and had negative revisions, which isn’t surprising given this sector of our economy simply can’t handle higher mortgage rates. family houses in July 2022 were at a seasonally adjusted annual rate of 511,000, according to estimates released jointly today by the U.S.

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Construction Housing Market Sellers Marketing 369

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.

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Realtors Buyers Inventory Sellers 406

Housing Wire

NOVEMBER 24, 2020

census divisions rose 7% in September from a year ago, the greatest year-over-year gain since 2014, and nearly 23% higher than its last peak in 2006. uptick reported in August, and represented the largest annual gain since May 2014 as record-low mortgage rates and a lack of inventory continued to put upward pressure on home prices.

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Housing Market Contracts Construction Inventory 516

Housing Wire

DECEMBER 16, 2020

After three successive months of record highs, the National Association of Home Builders and Wells Fargo Housing Market Index measuring builder confidence fell four points to 86 in December. How the mortgage industry is working together to make housing more affordable. The Northeast, however, slipped down a point to 78.

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Construction Housing Market Buyers Inventory 388

Housing Wire

MARCH 14, 2023

Since 2014, when homeownership rates among Latinos began increasing following the Great Recession, 2.3 million net new Hispanic homeowner households had been added to the market, accounting for 24.4% Latinos who purchased a home with a mortgage in 2021 were under the age of 45, compared to 63.9% of overall homeownership growth.

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Real Estate Mortgage Buyers Construction 382

Housing Wire

APRIL 27, 2022

That data shows how housing was still on pace to have another solid year before mortgage rates got over 5%. The most recent housing starts data on permits and starts side of the equation was fine this month, but it also lagged the current rates environment. months, this is just an OK market for the builders.

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Construction Buyers Housing Market Inventory 325

Housing Wire

JANUARY 26, 2021

November’s numbers mark the greatest annual growth rate since February 2014 and even blew past the 8.4% Novembers numbers were buoyed by record-low mortgage rates, Speakman noted, which plumbed new depths in November. Record low inventory and strong buyer demand once again pushed up the cost of homes in the U.S., in October.

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Inventory Housing Market Buyers Sellers 544

Housing Wire

SEPTEMBER 20, 2022

Even as homebuilder sentiment continued to slide in September, reaching its lowest level since May 2014, housing starts were on the rise in August, increasing 12.2% Department of Housing and Urban Development. In August, housing starts rose to a seasonally adjusted annual rate of 1.575 million.

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Construction Housing Market Buyers Marketing 364

Housing Wire

MAY 6, 2022

So far this year, with the rise in mortgage rates, it is still trending better than I thought it would have with rates over 5%. 2022 will be the first actual negative purchase application data year since 2014. HousingWire: What is the biggest risk to your balance housing market take? After May, total volumes fall.

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Inventory Housing Market Marketing Construction 326

Housing Wire

SEPTEMBER 19, 2022

Homebuilder confidence slid again in September, hitting its lowest level since May 2014 with the exception of the spring of 2020 at the onset of the pandemic, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Monday.

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Housing Wire

APRIL 11, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. We had a few years where sales missed expectations in 2013, 2014, and 2015. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

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Housing Wire

MARCH 29, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. We had a few years where sales missed expectations in 2013, 2014, and 2015. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

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Housing Wire

DECEMBER 29, 2020

growth rate was more than six and a half years ago, in March 2014.”. How the mortgage industry is working together to make housing more affordable. These factors appear likely to remain in place in the near term, and an incrementally improving economy should encourage more buyers to enter the market.”. Census Bureau.

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Buyers Construction Realtors Inventory 542

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. The forecast. Current conditions don’t support this. The backstory.

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Housing Market Inventory Mortgage Marketing 540

Housing Wire

APRIL 21, 2022

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. This means that the doors, windows, electrical all are done by contractors after the walls have been constructed.”.

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Housing Wire

JUNE 2, 2022

One top question he addresses is how the industry is reacting to this savagely unhealthy housing market. HW+ Member: What’s the number one question you are getting from the real estate agent community on the economy and housing market? Months are homes under construction 0.8 Ghost Supply 2.2

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Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range]. in year one, go to 5.2%

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Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. compared to 2022.

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Real Estate Marketing Buyers Sellers 78

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. In addition, mortgage rates are at an all-time low. Worried about missing out on a boom?

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Housing Market Marketing Real Estate Realtors 68

Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. The regal real estate was first listed in 2014 for $45 million. Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®.

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Appraisal Today

OCTOBER 7, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Fannie Mae, Real estate market, Disbility, Redlining, unusual homes, mortgage origination stats, etc. =. The Tectonic House in Venice Beach, CA – $5.8M. Stewart Burns acquired the property in 2014 for $2,300,000. Housing Market Cools.

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Appraisal Today

JUNE 10, 2022

The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. Conch Shell House in Mexico on the island of Isla Mujeres. Purchase vs. refi appraisals.

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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? mortgage rates sound? days (November 2021). =. 2 (Freddie Mac).

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Real Estate Buyers Construction Sellers 69

Clear Capital

AUGUST 30, 2021

While the Federal Reserve is probably still at least a year away from raising the federal funds rate, the central bank is beginning to focus on when to reduce its purchases of treasuries and mortgage-backed securities (MBS). Treasury yields rose, and MBS spreads widened, which pushed the 30-year mortgage rate from 3.4%

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Marketing Real Estate Inventory Construction 69

Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = Built in 2014, the six-bedroom estate was designed to resemble an English manor. I understand completely.

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Will Springer Realtor

MAY 13, 2024

America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. shy of the need. But for how long?

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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.

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Architecture Design Buyers Construction 36

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017).

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Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

MAY 9, 2023

Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Information from the National Mortgage Database shows 83% of all mortgage holders enjoy an interest rate below 5% when today’s average rate is about 6.5%.

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Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

AUGUST 9, 2022

For our area to grow as one, the state must step in and encourage municipalities to see the distinct advantages of increasing affordable housing through accessory dwellings – among other initiatives – and not place barriers in the way of economic success. this chart shows, each time the economy slowed significantly, mortgage rates declined.

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Inventory Buyers New Listings Construction 36

Houston Properties

OCTOBER 1, 2021

See why the 2020-2021 housing market saw a boom during a year of human misery. The areas where it is now cheaper to buy a house are neighborhoods that have flooding history. Contact me for a list of recommended mortgage providers and what (who) to avoid. 3.05% interest rate with a 30 year mortgage with no PMI.

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Real Estate Agent Realtors Real Estate Agents 41

Will Springer Realtor

JULY 9, 2021

Since 2014, prices have risen across the board for all the projects ranked in the report, but this year has seen a spike in prices. The National Association of Realtors® recently announced a new partnership with the LGBTQ+ Real Estate Alliance, a nonprofit that promotes homeownership and advocates for greater equality in housing.

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