Housing Wire

MARCH 8, 2024

Though all signs point to a cooling labor market overall, the economy picked up another 275,000 jobs in February. The jobs report on Friday is unlikely to convince the Fed that rate cuts are necessary when the Federal Open Markets Committee meets later this month, economists said. The number of unemployed Americans also rose to 6.5

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Housing Wire

JANUARY 5, 2024

million increase of 2022. While this is below the job growth in 2021 and 2022, when the economy was rebounding from the sharp job losses in 2020, it is still a much higher pace of job growth than we had before the pandemic,” Bright MLS Chief Economist Lisa Sturtevant said in a statement. With December’s numbers in, a total of 2.7

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Housing Wire

DECEMBER 2, 2022

The honey badger labor market is still going strong as we got another solid jobs report Friday, which pushed bond yields higher at first. This will be important to think about going into 2023, especially if the labor market does what the Federal Reserve wants it to do, which is slow down enough to create a job loss recession.

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Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? After months of paperwork and organizing teams, many experts believe the allocated funding will start positively affecting the real estate market. Secondary Real Estate Markets On the Rise. construction sites.

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Housing Wire

JANUARY 17, 2024

Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. But it fell to about 150 in July 2022 and has remained around that mark ever since, hitting 153 last December. after the initial lockdowns in 2020 before rocketing to almost 206 in June 2022.

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Housing Wire

JUNE 2, 2023

today should be between 158 million and 159 million , or in a weaker labor market growth scenario, between 157 million and 158 million. Now let’s look at the labor market on all fronts from the data we got this week to get a comprehensive view of the labor market today. From the St.

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Housing Wire

AUGUST 25, 2023

prices — among them is the housing market, Powell said Friday morning during an economic policy symposium in Jackson Hole, Wyoming. “In addition, after decelerating sharply over the past 18 months, the housing sector is showing signs of picking back up. on a 12-month basis in February 2022 and declined gradually to 4.3%

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Transportation Housing Market Mortgage Marketing 358

Housing Wire

DECEMBER 30, 2022

In this series of interviews, we focus on the people who are shaping the state of housing at the top — the policy and regulation experts. The FHFA and the GSEs are essential to painting the picture of today’s housing market and industry trends. HW: As a 2022 Vanguard honoree, what has been your proudest accomplishment?

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Housing Wire

JUNE 2, 2023

since March 2022. Even though the pace of layoffs has picked up, many businesses, particularly in transportation, healthcare, and hospitality, continue to have strong demand for workers,” Mike Fratantoni , the Mortgage Bankers Association’s chief economist, said in a statement. “The The unemployment rate has remained between 3.4%

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Appraisal Buzz

AUGUST 29, 2022

The United States is currently in what many consider to be a housing crisis. Market prices for purchased and rented homes are through the roof, with no clear end in sight. More people are searching for homes than there are houses available. The Current Housing Crisis. This was due to an all-time housing shortage.

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Housing Wire

DECEMBER 3, 2021

My premise is that we should get all the jobs lost to COVID-19 by September of 2022 or earlier. Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. With 10 months left until the end of September 2022, let’s see how much progress we need.

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Housing Wire

DECEMBER 2, 2022

With one month to go before the year’s end, labor markets remain in a solid position,” George Ratiu, Realtor.com’s senior economist, said in a statement. How can brokers get ahead in a tight market? The latest JOLTS report suggests that the labor market supply-demand imbalance may be easing, albeit slowly.

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Housing Wire

MARCH 10, 2023

What a week this has been for the housing market , from the fireworks of Fed Chair Jay Powell’s Congressional testimony to an attempt to break over a critical line on the 10-year yield. Employment declined in information and in transportation and warehousing. Let’s look at each of these, one at a time.

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Housing Wire

SEPTEMBER 1, 2023

Jobs week cleared up the skies for the Federal Reserve members, who are smiling — big time — after a series of data lines gave them what they wanted: a softer labor market! While the labor market isn’t breaking , it has become more pliant in the data lines the Fed focuses on. Employment in transportation and warehousing declined.

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Housing Wire

JUNE 3, 2022

Some Americans believed we entered a recession at the start of 2022; however, the jobs report for May came in at 390,000, dashing any hopes that this was the case and starting their weekend on a foul note. Notable job gains occurred in leisure and hospitality, in professional and business services, and in transportation and warehousing.

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Housing Wire

NOVEMBER 28, 2022

did not go into a recession at the start of 2022. housing market went into recession in June of this year, which I talked about a few months ago on CNBC. New and existing home sales are falling, along with housing permits and starts, as we have too many new homes for the builders to issue new permits. Why does 5% matter?

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Housing Wire

APRIL 12, 2023

compared to March 2022. Higher mortgage rates have slowed demand by pricing some would-be buyers out of the market,” Sturtevant said. Shelter also posted a significant increase, rising 8.2% year-over-year and accounting for over 60% of the total increase in the all items less food and energy index, which was up 5.6%

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Cleveland Appraisal Blog

JANUARY 19, 2023

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. It really depends on what the prospective buyers in that market are expecting.

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Housing Wire

MAY 6, 2022

string of positive job revisions we’ve seen this year ended with a negative 39,000 print; however, the job report was solid and continued the trend of good reports in 2022. The unemployment rate is at 3.6%, and we are getting closer and closer to my forecast of getting all the jobs lost to COVID-19 by September of 2022.

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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. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.

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Cleveland Appraisal Blog

OCTOBER 8, 2022

You’ll find food, utilities, transportation, and housing are all affordable. Even if you’re starting a work-from-home business, you’ll need funds for basics like marketing. An educated workforce helps to support an active labor market. Who is buying in today’s housing market?

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Assurance Financial

MAY 10, 2022

During home shopping, most homebuyers want to know whether the current housing market is a seller’s market or a buyer’s market, along with how to get a good deal in a seller’s market. Buyer’s vs. Seller’s Market. These terms mean that the market either favors buyers or sellers.

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Will Springer Realtor

DECEMBER 8, 2021

Analysts believe items that are now in shorter supply – major appliances, computer chips and specialty goods, to name a few – will return to shelves and front porches by the end of 2022 as the pandemic (hopefully) ebbs. Economists forecast housing starts will rise a promising 5% in 2022. Who said this is a sellers’ market?

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Appraisal Today

JANUARY 27, 2023

One of the most quoted experts on housing markets, Jonathan Miller of real estate appraisal company Miller Samuel, won an unusually large 30-way bidding war for a Connecticut house built in 1755.” Popular topics include how to market to attorneys and get referrals from real estate agents.

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D Fritz Appraisals

NOVEMBER 17, 2021

Victoria’s Missing Middle Housing Initiative. As Canada’s housing market continues to hit record levels, young Victoria families are facing the decision to stay in condominiums and apartments or move elsewhere to be able to purchase a single-family home or townhouse with yard space. What is Missing Middle Housing?

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Will Springer Realtor

MAY 13, 2024

Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. Data experts mapped out this cohort’s gradual decline – from about 32M in 2022 to 23M in 2035, or approximately 9.2M likely freeing up a bundle of housing supply. But for how long?

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Will Springer Realtor

JUNE 9, 2023

Our region had a net gain of 17,750 people in the 12 months ending July 1, 2022. city and it comes only a year after our market experienced a net loss of about 4300 people. While I’m all for a growing and diverse melting pot in our region, it’s quite apparent we need a bigger “pot” in the form of more housing. Census data.)

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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. Housing demand significantly cooled, first in U.S. markets more dependent on the multi-billion-dollar tech industry.

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Will Springer Realtor

DECEMBER 12, 2023

= I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. at this time in 2023 (quite optimistic!).

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Real Quantum

FEBRUARY 24, 2021

Housing markets across the country remained surprisingly stable, with more people purchasing homes to keep up with the need for conducive work-from-home arrangements. Bloomberg reports that many commercial properties won’t be able to bounce back until 2022 — particularly, hotels, offices, and retail properties. Start networking.

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Raleigh Realty

MAY 21, 2021

Recently announced, Amazon will be building a 620,000 square foot warehouse and distribution center in Smithfield by 2022. increase in housing, transportation, and food prices since last year due to its rise in growth. Still remaining less expensive than nearby cities, the housing market has seen a 12.2

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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.

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Will Springer Realtor

MAY 9, 2023

The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement. months in Q2 of 2022, according to a survey conducted by John Burns Research & Consulting. Kitchen and bath professionals are reporting 3.9-month

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Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

APRIL 11, 2022

A builder could also agree to install more bike storage or pay a fee-in-lieu to fund public parking and transportation infrastructure that serves the entire neighborhood. The spring housing market will include a trio of indicators – all rising. In a study of 48 metro markets, Tucson, Ariz., THE IMPACT OF SURGING RATES.

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Will Springer Realtor

SEPTEMBER 12, 2023

A modern version of the regrade is taking place along the downtown waterfront (pictured above) with the addition of Overlook Walk, a breathtaking pedestrian bridge and viewing deck that will soon connect with Pike Place Market and other attractions in downtown. Here’s a blog post on the topic from last summer.) topped the list.

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Sellers Development Retail Real Estate 36

Will Springer Realtor

AUGUST 9, 2022

ADUs also help local economies by providing housing to people on the lower-to-middle economic scale to live within typically pricy urban areas that are closer to job centers and greater public transportation options. cities to determine the fastest-rising housing markets and two in our area ranked in the Top 25.

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