Housing Wire

JUNE 19, 2023

For the first time in nearly a year, homebuilder confidence moved into positive territory thanks to strong consumer demand , limited competition from the existing home sales market , and an improving supply chain. The gauge measuring traffic of prospective buyers increased four points to 37.

Supply Chain 367

Supply Chain Development Inventory Buyers 367

Appraisal Buzz

APRIL 11, 2022

The housing market has been a roller coaster ride since COVID-19 began, and it hasn’t shown signs of stopping in 2022. Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Many millennial and Gen-Z first-time buyers look for second homes before investing in a full-time primary residence.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Housing Wire

APRIL 28, 2022

Horton , the nation’s largest homebuilder by gross revenue and total closings, this week released its second quarter earnings for the fiscal year, which executives deemed “outstanding,” despite ongoing supply chain challenges , “a very tight labor market ,” and the massive uptick in mortgage rates. Horton’s markets.

Supply Chain 347

Supply Chain Construction Inventory Marketing 347

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. Freddie Mac projects that home-price growth will average 12.8%

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

Housing Wire

MARCH 23, 2022

“This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. months supply. Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. The market crunch affects borrowers with less money more acutely, economists said.

Supply Chain 353

Supply Chain Housing Market Buyers Construction 353

Housing Wire

MARCH 15, 2023

Despite the volatile mortgage rate environment and overall economic uncertainty, homebuilder confidence slowly continues to rise, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. The existing home sales market is significantly bigger than new homes.)

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Supply Chain Inventory Loan Conditions Construction 338

Housing Wire

JANUARY 6, 2022

The supply-demand imbalance fueling the housing market shows no signs of abating in 2022, even as homebuilders attempt to bridge the gap. An under-supplied market has strong implications for house prices, particularly during a time when prices seemingly set new records every month. Measuring the housing deficit.

Supply Chain 493

Supply Chain Housing Market Construction Inventory 493

Housing Wire

JUNE 23, 2021

above where they were a year ago, when COVID-related procedures froze the new home market in place. Related supply chain issues have resulted in a big jump in the price of a new home over the past year. “Policymakers must take action to improve supply-chains in order to protect housing affordability.”

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Supply Chain Construction Buyers Development 427

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list. As of Feb.

Construction 353

Construction Supply Chain Inventory Agents 353

Housing Wire

MARCH 16, 2021

That drop in builder confidence is in spite of sky-high buyer demand, which hasn’t waned despite rising home prices and climbing mortgage rates – the latter up 30 basis points from February. Policymakers must address building material supply chain issues to help the economy sustain solid growth in 2021.”.

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Supply Chain Inventory Buyers Housing Market 546

DW Slater Company

FEBRUARY 23, 2023

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. Some may have a bit of PTSD from the 2008 Housing crash but just know that this is a different market with different factors impacting it.

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Inventory Marketing Supply Chain Appraisal 128

Appraisal Buzz

OCTOBER 26, 2021

Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns. The post Annual Home Price Gains Remained High in August appeared first on theMReport.com.

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Supply Chain Construction Inventory Buyers 195

Housing Wire

OCTOBER 18, 2021

Homebuilder confidence continued to rise in October despite increasing affordability issues due to rising material prices and ongoing shortages, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report released on Monday. Policymakers must focus on fixing the broken supply chain.

Supply Chain 519

Supply Chain Inventory Buyers Housing Market 519

Housing Wire

DECEMBER 13, 2022

It is very good news for the housing market, which has suffered greatly from the affects of rate hikes over the last nine months. from a year ago, suggesting that supply-chain issues may be easing. Housing market observers are watching closely. Defying aggressive action from the Fed is the strong labor market. .”

Housing Market 386

Housing Market Marketing Supply Chain Inventory 386

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% months of supply; a healthy market generally has between four and six months of supply. ” While homebuilders are getting closer to delivering new homes , they remain stymied by ongoing global supply chain issues.

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Supply Chain Inventory Buyers Contracts 404

Housing Wire

AUGUST 31, 2022

The institutional-backed SFR sector has continued to expand its reach in 2022 in the face of a sharp downturn in the home-purchase market sparked by rapidly rising interest rates. The post Wall Street-backed players boost build-to-rent market appeared first on HousingWire. In turn, this is all affecting existing-home sale patterns.

Marketing 368

Marketing Construction Supply Chain Development 368

Housing Wire

MAY 17, 2021

Homebuilder confidence remained unchanged in the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report , holding steady at 83 for newly built single-family homes in May. The gauge charting traffic of prospective buyers fell one point, to 73.

Supply Chain 423

Supply Chain Construction Inventory Housing Market 423

Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. The improving job market is all to the positive.

Marketing 447

Marketing Mortgage Supply Chain Inventory 447

Housing Wire

AUGUST 18, 2021

in July compared to the prior month, an indication that construction supply lines are still choked and near record-high home prices are shutting out scores of buyers. This is clearly a positive sign given the remarkably low levels of inventory on the market.” Housing starts in the U.S. million units.

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Supply Chain Construction Inventory Buyers 483

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. As a result, I think it has actually insulated some aspects of the market.

Supply Chain 355

Supply Chain Construction Inventory Finance 355

Housing Wire

APRIL 8, 2022

A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Fannie Mae ‘s Home Purchase Sentiment Index, which tracks the housing market and consumer confidence to sell or buy a home, dropped by 2.1 It’s a depressing combination. points to 73.2

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Supply Chain Housing Market Inventory Mortgage 414

Housing Wire

MARCH 28, 2022

The one thing that has happened in 2022 that has been worse is that national inventory levels have worsened in 2022 to start the year. Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. Inventory has been falling for years. months on a 3-month average.

Housing Market 309

Housing Market Marketing Supply Chain Inventory 309

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. Builder confidence in single-family homes dropped to 83 in January from 86 in December, according to the National Association of Home Builders and Wells Fargo Housing Market Index.

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Supply Chain Inventory Housing Market Real Estate 416

Housing Wire

DECEMBER 22, 2022

The challenges buyers face today are significant: higher interest rates, higher home prices, historically low inventory, increasing costs for labor and materials and supply chain challenges. On the surface, these factors might make the outlook for the housing market look bleak, particularly for first-time homebuyers.

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Housing Market Marketing Insurance Supply Chain 369

Housing Wire

FEBRUARY 22, 2022

Then there are the global supply chain issues, which have frustrated small-time homebuilders like Noel and the heads of publicly traded builders alike. Owing to a historic inventory crunch, new construction is playing a more prominent role in the housing inventory landscape in decades. In December 2021, 34.1%

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Supply Chain Construction Inventory Housing Market 534

Housing Wire

JUNE 30, 2021

Pending home sales reached its highest mark for the month of May since 2005, up 8% from the previous month of April as low inventory continues driving buyers to snatch up available real estate. “Buyers are still lining up a feverish pace,” Yun said. “Buyers are still lining up a feverish pace,” Yun said.

Supply Chain 414

Supply Chain Inventory Buyers Realtors 414

Housing Wire

MARCH 18, 2021

For the third consecutive week, mortgage rates pushed past 3% – with the average mortgage rate for a 30-year fixed loan up four basis points last week to 3.09%, according to Freddie Mac ’s Primary Mortgage Market Survey. Khater expects a 3% rate to sustain market interest for many potential buyers.

Supply Chain 532

Supply Chain Mortgage Buyers Inventory 532

Housing Wire

SEPTEMBER 24, 2021

“The housing market over the summer of 2021 appears to have settled at a level lower than the surge in the second half of 2020 into early 2021,” Ben Ayers, a senior economist at Nationwide , said in a statement. month supply of new houses at the current sales rate, according to the report.

Supply Chain 448

Supply Chain Housing Market Construction Buyers 448

Housing Wire

MARCH 22, 2021

Rising home prices, limited inventory and the uptick in mortgage rates continued to deter some homebuyers last month as sales of existing homes fell 6.6% “Policymakers must address building material supply chain issues to help the economy sustain solid growth in 2021.”. 2020, as prices rose in every region.

Supply Chain 414

Supply Chain Inventory Realtors Housing Market 414

Housing Wire

OCTOBER 26, 2021

After 25 days on the market, there were no takers for the 1,400-square-foot home and Pellegrini counseled his client about potentially lowering the listing price. 18 press release that cited labor and supply chain constraints and said its home purchase program hit “operational capacity.” Antonio Pellegrini was stunned.

Supply Chain 527

Supply Chain Real Estate Real Estate Agent Clients 527

Housing Wire

APRIL 7, 2022

Purchase mortgage rates have risen faster in the last three months than at any time since May 1994, climbing ever closer to the 5% mark due to a combination of rising inflation , the war in Ukraine, and disruptions to the supply chain. But this is no normal market. The problem, of course, is inventory.

Mortgage 380

Mortgage Supply Chain Inventory Investors 380

Housing Wire

MAY 25, 2021

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. This demand may represent buyers who accelerated purchases that would have happened anyway over the next several years. increase and Seattle with a 18.3%. Presented by: MCT.

Supply Chain 403

Supply Chain Inventory Buyers Construction 403

Housing Wire

JULY 20, 2021

It’s the third-highest number of housing starts builders have broken ground on in one month since May of 2006, a sign of strong buyer demand. “Construction activity could be even higher given a bit more long-term certainty and an easing of critical supply chain volatility,” Speakman said. ” Privately?

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Supply Chain Construction Inventory Buyers 433

Housing Wire

DECEMBER 20, 2022

However, due to the supply chain lag, it took too long to build homes over the last several years. The upside to that is that the builders have this backlog keeping construction workers employed and creating more supply to fight inflation next year. When supply is 4.3 When supply is 4.4

Housing Market 393

Housing Market Marketing Construction Supply Chain 393

Housing Wire

FEBRUARY 16, 2023

With economic uncertainty and supply chain issues plaguing the industry, homebuilders pulled back last month. As new completed home inventory rises, it will provide some much-needed relief to a supply-starved market.” Homes were started at an estimated annual pace of 1.309 million in January, down 4.5%

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Supply Chain Construction Inventory Development 320

Housing Wire

FEBRUARY 25, 2021

And inventory shortages are the culprit. Despite the decline, many industry observers see big potential for the housing market in the year ahead. 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. For the fifth consecutive month , U.S.

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Supply Chain Inventory Housing Market Contracts 399

Housing Wire

APRIL 28, 2021

The hike has also added nearly $13,000 to the market value of an average new multifamily home, which translates into households paying $119 a month more to rent a new apartment, the NAHB said. “This unprecedented price surge is hurting American home buyers and home builders and impeding housing and economic growth,” Fowke said.

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Supply Chain Inventory Construction Market Value 442