Buyers Construction Home Value Supply Chain 
Housing Wire
MAY 25, 2021
Phoenix saw a 20% year-over-year home price increase, followed by San Diego with a 19.1% Home price data is consistent with the hypothesis that COVID-19 has encouraged potential buyers to move from urban apartments to suburban homes,” Lazzara said. increase and Seattle with a 18.3%.
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. With material and labor shortages, and supply chain issues it is taking a year-and-a-half to two years to complete a property.
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Eppraisal
MARCH 17, 2023
economy, home building prominent among them. From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. The last few years took a toll on many sectors of the U.S.
Eppraisal
DECEMBER 14, 2021
This fact will give hope to buyers for the long term but what about the more immediate future? Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae. Moreover, the age of repeat buyers is also ascending to 56 years of age.
Quicken Loans
DECEMBER 16, 2021
In addition, home values and sales skyrocketed. So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. But that only increased demand as stay-at-home orders reiterated the need for a home that was the right fit. Home Inventory Will Slowly Rise.
Housing Wire
MARCH 23, 2022
“This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 months supply. “One year ago, 31% of new home sales were priced below $300,000.
Eppraisal
SEPTEMBER 24, 2021
The market normally remains strong, and home values rise, through the spring and summer months. These pandemic-related changes interacted with the existing housing inventory shortage, resulting in sharp price increases for both owned homes and rental units." Home Buyers There are many types of home buyers in today's market.
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