Housing Wire

JUNE 16, 2021

Another month of steadily increasing home prices and insatiable demand led Fannie Mae ‘s Economic and Strategic Research Group to alter many of its 2021 predictions – in particular, its outlook on the symbiotic relationship between the housing market and inflation measures. Existing home sales pulled back in April by 2.7%

Housing Market 488

Housing Market Development New Listings Marketing 488

Housing Wire

JULY 25, 2022

The Fannie Mae report projects “strong deceleration in home-price growth going forward” due to higher mortgage rates and the overall slowing economy affecting purchase demand. Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”.

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

Housing Wire

JANUARY 20, 2021

fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. How to gain more listing visibility in a shifting housing market. Homebuilder confidence in the U.S. A resurgence of coronavirus cases also contributed to the weakening number.

Supply Chain 416

Supply Chain Inventory Housing Market Real Estate 416

Housing Wire

FEBRUARY 25, 2021

It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. And even with another month-to-month drop, pending home sales were 13% higher in January 2021 than they were in January 2020. million in 2021, which would be a 15% increase over the 5.64

Supply Chain 399

Supply Chain Inventory Housing Market Contracts 399

Lamacchia Realty

JANUARY 24, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for December 2021 compared to December 2020. April 8, 2021. April 8, 2021. Broward County.

New Listings 49

New Listings Inventory Buyers Realty 49

Housing Wire

MARCH 16, 2021

Mortgage applications for new homes dropped 9% from January to February, but overall applications are still up 9.2% year-over-year for homebuilders, according to the latest report from the Mortgage Bankers Association. A December report from Homesnap showed total new listings increased.22%

Inventory 271

Inventory New Listings Mortgage Buyers 271

Housing Wire

NOVEMBER 28, 2022

The downturn in the LEI reflects consumers’ worsening outlook amid high inflation and rising interest rates, as well as declining prospects for housing construction and manufacturing. In addition, we have a lot of two-unit construction built, which will bring more supply online. NAR total inventory data: 1,220,000 listings.

Transportation 520

Transportation Construction Housing Market Mortgage 520

Housing Wire

SEPTEMBER 12, 2023

So, the author tried to use new construction prices from back in April to describe the whole U.S. Last year inventory was about to start climbing again with that autumn spike in mortgage rates. Last year’s late summer inventory growth was a reaction to a big change in mortgage rates. on the 30-year mortgage.

Contracts 363

Contracts Inventory Housing Market Buyers 363

Lamacchia Realty

MARCH 29, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for February 2022 compared to February 2021. April 8, 2021. April 8, 2021. What's Ahead?

New Listings 53

New Listings Inventory Realty Buyers 53

Will Springer Realtor

SEPTEMBER 8, 2021

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past. and another 10% boost in 2022.

Construction 36

Construction Inventory Buyers Real Estate 36

Raleigh Realty

JULY 12, 2022

for overall real estate prospects Houses spend less than half the amount of time on the market than in 2021 Houses sell for almost $5,000 less than the national median price Over half of Raleigh residents own their home Raleigh Real Estate Demand Raleigh real estate trends show an increase in demand for housing in The Triangle.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Will Springer Realtor

AUGUST 15, 2023

Variations between the two years are stark, to say the least: A “re-evaluation” for future buyers can be defined as consumers determining when to jump (or jump back) into the home-search pool as mortgage rates appear stuck around 7.0%. Mortgage rates are high, home prices are high, there’s no inventory.” The county saw a 4.9%

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% homes in 2021, for comparison. At least that’s what some economists have expressed. There are 7.4%

Finance 68

Finance Inventory Construction Buyers 68

Lamacchia Realty

FEBRUARY 25, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for January 2022 compared to January 2021. Broward County. Miami-Dade & Palm Beach Counties. What's Ahead?

New Listings 41

New Listings Inventory Realty Buyers 41

Listing Spark

SEPTEMBER 25, 2023

A Dip in New Mortgages With interest rates soaring to unexpected heights, many prospective homebuyers have taken a step back from applying for new mortgages. The Rise of New Construction Homes New construction is stepping up to fill the void in the market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Listing Spark

JANUARY 12, 2023

Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9% Listing Agents: Be careful when selecting listing agents who only charge 1% commission. Episode Links.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Will Springer Realtor

JANUARY 10, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. The bar is so low on listings and sales data that one might trip over it. That is the lowest annual figure since 2012 (27,601), according to MLS data.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

JUNE 13, 2023

Home prices and mortgage rates. Today’s YoY declines underscore just how far the market has shifted from 2021 and 2022. That changed in March 2022 when mortgage rates started their steady climb into the 4s, then into the 5s in May and 6s by September. In March, 33% of homes listed for sale in the U.S. There are 1.3

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. Does this signal a peak in mortgage rates or a temporary blip? Prices declined 5.4%

Inventory 36

Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

JUNE 8, 2022

Calling upon Fannie Mae, Freddie Mac and other secondary-market mortgage holders to lower the bar to ownership through tax credits, larger deductions on mortgage interest and greater options for down payment assistance can also help. Beyond the affordability issue, much more needs to be done to address the housing shortage.

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

APRIL 11, 2023

Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.”  Pending sales are one of our favorite housing market data points – along with the number of mortgage applications and new listings – to track buyer intent and market intensity.

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

JUNE 9, 2021

Adjustable-rate mortgages were cheap and easy to acquire, home prices were artificially inflated and supply plentiful. Is this the beginning of a housing bubble, 2021-style? “I The Federal Reserve is supporting the purchase of mortgage-backed securities as well as helping to sustain low interest rates for mortgages.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

MAY 9, 2022

just as Google opens another office building in Kirkland and Microsoft expands its 120-structure Redmond campus with plans for 17 new office buildings. All this tech construction gives new meaning to IT architecture! “A How can the system handle skyrocketing home prices, mortgage rates and rental prices simultaneously?

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

JULY 13, 2023

Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. We certainly see that in all forms of residential real estate – from new construction to finding items for the home.

Construction 36

Construction Supply Chain Real Estate Development 36

Listing Spark

FEBRUARY 7, 2024

National mortgage originations closed the year at less than $1.5 trillion in 2021. 5) New construction in Texas surged in 2023 Three major Texas metro areas made the top 10 list of highest new home construction rates in the nation. trillion compared to $2.75 trillion in 2022 and an eye popping $4.51

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

JANUARY 11, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. The construction crane was recently removed from the 8 th Avenue and Columbia Street location and interiors are being filled out with high-quality finishes.

Housing Market 36

Housing Market Contracts Architecture Buyers 36

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. New home builders will benefit from a greater share of the overall sales market.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

AUGUST 9, 2022

RECESSIONS AND MORTGAGE RATES Recent data and the traditional definition show we are now in a recession even though there is debate among economic and political folks. this chart shows, each time the economy slowed significantly, mortgage rates declined. in Q1 of 2021 and is the highest rate of home flipping in the 21 st century.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

OCTOBER 11, 2022

At what point will mortgage interest rates peak? While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. When you raise [mortgage] rates to the point they’re at today, it breaks the back of housing.”.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

AUGUST 9, 2021

The index showed a growing difficulty to afford a home even while household income and mortgage rates improved compared to last year. And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

APRIL 8, 2021

The boost in equity was helped most simply by saving more while in “pandemic hibernation” and from many homeowners refinancing mortgages amid generationally low interest rates. >> million new homes as of the start of this year. of all mortgages in the country. of those paying mortgages, are not caught up, as of February.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 9, 2023

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%. Falling new inventory is constraining transaction volumes while also supporting higher home prices. Downtown offices have been near the bottom of the charts among U.S.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

OCTOBER 8, 2021

The Federal Reserve, which has been buying mortgage-related securities for more than a year to artificially keep interest rates low, has signaled a desire to taper its bulk purchases within the next month or so. A 30-year mortgage in our area could be had for about 3.125%, up from about 2.875% a month ago. New listings are up 6.3%

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

JULY 9, 2021

Hispanic households fare better with 32% of this segment being able to afford the mid-priced new home. Among non-Hispanic white households, 44% have sufficient income to qualify for a mortgage using standard underwriting criteria. of all mortgaged properties, were in negative equity. >> A whopping 3.8

Buyers 36

Buyers Development Transportation Inventory 36

Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. >> A full 19,396 apartment units are under construction in Seattle metro, according to a Q2 report from Berkadia, a U.S. . = Zoning laws in the U.S.

Law 36

Law Development Design Government 36

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. Today, 37% of all buyers are Millennials and they comprise about 54% of all mortgage applications. Now, home builders would need to construct as many as 1.2 points at 34.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

DECEMBER 12, 2023

It was a year of gyrating mortgage rates and stubbornly high home prices. Mortgage rates rose and rose again to more than 8% but have since mercifully fallen by nearly a percentage point. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% San Jose, Calif.,

Real Estate 36

Real Estate Buyers Housing Market Law 36