Housing Wire

MARCH 8, 2023

As the housing market cooled further during the fourth quarter of 2022, homebuilders also continued to pull back on single-family construction. However, growth began to slow drastically in the second quarter of 2022 as the Federal Reserve began raising interest rates to combat inflation. in Q4 2022.

Construction 378

Construction Housing Market Marketing Buyers 378

Housing Wire

FEBRUARY 3, 2022

This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Thanks to a boom in the housing market and a historic refinance market, the past two years have been a favorable period for the mortgage market.

Housing Market 403

Housing Market Marketing Supply Chain Mortgage 403

Housing Wire

AUGUST 1, 2023

Zillow Group ‘s new-construction listings will be automatically syndicated to Redfin. The deal between the listing platforms comes as new construction listings form roughly 30% of the housing sales market. It benefits home builders by expanding their reach to additional home buyers,” Gehrett added.

Construction 337

Construction Advertising Real Estate Real Estate Agent 337

Housing Wire

FEBRUARY 3, 2023

The labor market started off in 2023 with a bang, which could mean trouble for the housing market as the Federal Reserve continues to try and bring inflation under control this year. In comparison, the job market gained an average of 401,000 jobs per month in 2022. in March 2022 to 4.5%

Housing Market 324

Housing Market Marketing Construction Real Estate 324

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. However, housing affordability worsened.

Inventory 375

Inventory Housing Market Marketing Construction 375

Housing Wire

APRIL 23, 2024

New home sales have been one of the brighter housing stories since the home sales crash in 2022 — as we can see in the chart below, new home sales have been able to grow since then. This is one reason why the homebuilder stocks have done so well since November of 2022.

Inventory 463

Inventory Construction Mortgage Buyers 463

Housing Wire

MAY 3, 2024

We’ve been a sellers’ market here for at least the past eight years, but probably closer to 10 or 11.“ While this is up from a record low of 7,336 listings set in late April 2022, it is still well below the 29,951 listings in early May 2019, about a year prior to the onset of the COVID-19 pandemic. of moves being inbound versus 39.9%

Inventory 290

Inventory Housing Market Marketing Real Estate 290

Housing Wire

FEBRUARY 13, 2024

Between July 1, 2022, and July 1, 2023, Alabama’s population grew by 34,000 people, according to estimates published by the U.S. Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. New construction is backed up,” she said. We’ve got beaches.

Construction 353

Construction Supply Chain Inventory Agents 353

Housing Wire

DECEMBER 29, 2022

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. The housing sector — especially real estate and mortgage — has seen significant layoffs , while the general economy will create more than 4 million jobs in 2022. Home sales.

Housing Market 545

Housing Market Marketing Inventory Sellers 545

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. in 2022 but will drop to 4% in 2023. in 2022 but will drop to 4% in 2023.

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

Housing Wire

MARCH 17, 2022

Census Bureau released their construction report for February, showing a positive trend in housing construction data with a lovely print in housing permits at 1,859,000 and housing starts at 1,769,000. Of course, that’s until you look at the housing completion data, which hasn’t gone anywhere in years.

Construction 440

Construction Housing Market Inventory Buyers 440

Housing Wire

OCTOBER 11, 2021

housing market this year? If we stick to the facts, however, we can glean a few important take-homes as to what risks the housing market faces for 2021 and beyond. Following these years of doldrums, in the years 2020 to 2024 we have the best housing demographic patch ever recorded in history. Become a member today.

Housing Market 532

Housing Market Marketing Construction Investors 532

Housing Wire

NOVEMBER 29, 2023

Cutting prices is one of several mechanisms homebuilders have employed to keep buyers interested since rates began skyrocketing. Homebuilders are also pacing the number of homes they bring to market. The rate of homes under construction has roughly plateaued since April 2022.

Construction 364

Construction Finance Inventory Development 364

Housing Wire

NOVEMBER 10, 2022

David Meyer is thankful that his business is still plugging along during the wildest housing market in decades. With mortgage rates hovering around 7% and home prices still at record highs, buyers across America are calling off the house hunt and finding multifamily apartments. . It could be a while.

Construction 406

Construction Supply Chain Buyers Development 406

Housing Wire

JULY 26, 2023

“New home sales continue to be an outsized share of the housing market ,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. The market for new homes is booming because the number of existing homes coming on the market has slowed to a two-decade low. compared to June 2022. year over year.

Housing Market 328

Housing Market Marketing Construction Inventory 328

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

Housing Market 313

Housing Market Marketing Construction Inventory 313

Housing Wire

MARCH 16, 2022

For the first time since September 2021, homebuilder confidence in the market for newly built single-family homes has dropped below the 80-point mark, according to the National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI), which was released on Wednesday.

Buyers 369

Buyers Supply Chain Construction Inventory 369

Housing Wire

AUGUST 14, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country. I absolutely love the Columbia Basin and the reason is that we are a unique market. In June, the median list price of homes in Osage Beach was $626,966, less than $60,000 off the all-time high set in June 2022.

Housing Market 288

Housing Market Marketing Inventory Agents 288

Housing Wire

MARCH 28, 2022

In this HW+ Slack Q&A , Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, whether or not he has updates to his 2022 forecast and more. HousingWire: To begin, how has your 2022 forecast changed so far? HousingWire: How will rising rates affect new home construction? What has remained the same?

Housing Market 309

Housing Market Marketing Supply Chain Inventory 309

Housing Wire

MAY 20, 2024

home construction at the onset of the pandemic. Second, homeowners have been reluctant to sell their houses due to mortgage rates, which have reached a two-decade high point. We have a fair amount of new-construction homes for sale, and thank goodness we do,” Nicole Dege, a Redfin Premier agent in Orlando, said in the report.

Construction 400

Construction Inventory Buyers Sellers 400

Housing Wire

JULY 26, 2023

An analysis of the Census Bureau ‘s Survey of Construction 2022 microdata showed that builders started building smaller, attached homes – with more stories and fewer bedrooms — than they had in previous years. Compared to pre-pandemic levels, single-family home starts in 2022 exceeded 2019’s starts by 14.3%.

Construction 317

Construction Finance Buyers Housing Market 317

Housing Wire

MARCH 27, 2024

Pre-pandemic, Jacksonville’s housing market was propelled by strong tailwinds: affordability relative to the rest of the Sunshine State, Florida’s lack of income tax and the quality of life benefits of having a river and oceanfront, to name a few. Listings jumped at both the state and city levels in 2021 and 2022.

Brokerage 381

Brokerage Realty Real Estate Inventory 381

Housing Wire

FEBRUARY 9, 2023

Housing affordability hit a record low in the fourth quarter of 2022, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released Thursday. The all-time high of $390,000 was set in the second quarter of 2022.

Supply Chain 325

Supply Chain Housing Market Marketing Mortgage 325

Housing Wire

MARCH 14, 2023

in 2022, the eighth consecutive year of growth. Latinos added a net total of 349,000 homeowner households last year, which is one of the largest single year gains over the last decade, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2022 state of Hispanic homeownership report on Tuesday.

Real Estate 382

Real Estate Mortgage Buyers Construction 382

Housing Wire

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Our 10- and 20-City Composites each also rose in July 2023, and likewise stand slightly above their July 2022 levels.” Roughly 47.4% are pessimistic and 14.1% are optimistic.

Housing Market 370

Housing Market Mortgage Marketing Inventory 370

Housing Wire

FEBRUARY 21, 2024

A small but growing sector Cushman & Wakefield notes build-to-rent homes have become “increasingly attractive to the investment community,” with sales of build-to-rent communities reaching $3 billion in 2022. In 2022, build-to-rent transactions totaled about $2.1 Similarly, construction has slowed but remains elevated.

Investors 421

Investors Construction Real Estate Inventory 421

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. With those two factors still very much in play, here is my 2022 forecast. The 10-year yield and mortgage rates.

Housing Market 540

Housing Market Inventory Mortgage Marketing 540

Housing Wire

APRIL 27, 2022

The new home sales market doesn’t have a 28% cash-buyer profile as we saw in the last existing home sales report. So, while cash buyers as a percent of sales have been growing, this sector is driven by mortgage buyers primarily. From Census: The median sales price of new houses sold in March 2022 was $436,700.

Construction 325

Construction Buyers Housing Market Inventory 325

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.

Buyers 382

Buyers Housing Market Construction Marketing 382

Housing Wire

FEBRUARY 5, 2024

more than the figure of 641,000 in 2022, according to the U.S. Department of Housing and Urban Development. single-family homes for sale were new construction, similar to the percentage from a year earlier and good for the highest level of any fourth quarter on record. An estimated 668,000 new homes were sold in 2023, 4.2%

Construction 380

Construction Housing Market Buyers Sellers 380

Housing Wire

MARCH 16, 2023

Despite the month-over-month increase, housing starts were still down 18.4% year over year thanks to the annual pace of single-family housing starts dropping to 830,000, a decline of 31.6% The pace of new construction had been picking up over the past two years. In 2022, a total of 1.55 year over year. year over year.

Buyers 407

Buyers Construction Finance Housing Market 407

Housing Wire

DECEMBER 19, 2023

Housing starts rose in November, significantly beating expectations. New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. above the November 2022 rate of 1,427,000. But permits for future construction fell 2.5%

Construction 383

Construction Mortgage Development Buyers 383

Housing Wire

SEPTEMBER 19, 2023

Housing starts fell to a seasonally adjusted annual rate of 1,283,000 in August, according to the U.S. below the August 2022 rate of 1,505,000. On the bright side, permits for future construction recorded a 6.9% This annual increase in new starts was driven entirely by new construction activity in the South region, she noted.

Construction 399

Construction Housing Market Buyers Inventory 399

Housing Wire

NOVEMBER 27, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). above the October 2022 estimate of 577,000. However, new home sales were still up year-over-year due to a lack of housing inventory in the resale market. single-family homes for sale in the third quarter were new construction, up from 28.9%

Housing Market 351

Housing Market Construction Inventory Buyers 351

Housing Wire

NOVEMBER 17, 2023

The more prominent homebuilders are flexing their financial muscle over smaller builders and peeling off buyers to help sell homes. This has kept construction workers employed and they have the money to spend on goods and services. percent)* below the October 2022 rate of 1,432,000. percent (±13.5 percent (±10.0 percent (±11.6

Marketing 440

Marketing Construction Housing Market Mortgage 440

Housing Wire

JANUARY 26, 2023

Census Bureau and the Department of Housing and Urban Development (HUD). But while mortgage rates have been tumbling down, and while builders have been offering incentives to buyers, it wasn’t enough to prop up new residential sales across 2022. The housing market is still in need of more starter and entry.

Housing Market 388

Housing Market Buyers Construction Development 388

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. One of my recent new home buyers got their final quote on a property a 30-minute drive from the coast and it had gone up 40% from a year ago.

Insurance 338

Insurance Housing Market Marketing Agents 338