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. Another index shows mortgage rates even higher. Mortgage rates have increased 1.5

Mortgage 380

Mortgage Supply Chain Inventory Investors 380

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

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. per diluted share.”

Supply Chain 347

Supply Chain Construction Inventory Marketing 347

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. This is an increase of 3.3% after a 10.4% drop in January.

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. Three other indices monitored by the NAHB had mixed results in March.

Supply Chain 338

Supply Chain Inventory Loan Conditions Construction 338

Eyes on Housing

DECEMBER 22, 2021

Fueled by low mortgage interest rates and strong demand, existing home sales increased for a third straight month in November, according to the National Association of Realtors (NAR). However, supply has continued to lag due to ongoing supply-chain disruptions, keeping home price elevated and pricing out first-time and young buyers.

Supply Chain 160

Supply Chain Inventory Realtors Buyers 160

Housing Wire

JANUARY 6, 2022

Any market characterized by rising demand against insufficient supply is Econ 101 for price growth. Many of these supply-side challenges facing builders existed prior to the pandemic but have worsened considerably over the course of the pandemic. You can’t buy what’s not for sale. It’s not all bad news, however.

Supply Chain 493

Supply Chain Housing Market Construction Inventory 493

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.”.

Supply Chain 546

Supply Chain Inventory Buyers Housing Market 546

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. In Birmingham, ERA King Real Estate agent Anna-Maria Ellison said that even without lower mortgage rates, she is seeing buyers return to the market. “It As of Feb.

Construction 353

Construction Supply Chain Inventory Agents 353

Housing Wire

APRIL 8, 2022

A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Of the six index components, a survey-high of 69% of respondents expect mortgage rates to continue their upward trend over the next 12 months. It’s a depressing combination. points to 73.2

Supply Chain 414

Supply Chain Housing Market Inventory Mortgage 414

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. from December and mortgage rates shot up 30 basis points. The post Despite lack of supply, existing home sales rise 6.7%

Supply Chain 404

Supply Chain Inventory Buyers Contracts 404

Housing Wire

OCTOBER 18, 2021

The report is based on a monthly survey of NAHB members, in which respondents are asked to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes. Treasuries and mortgage-backed debt.

Supply Chain 519

Supply Chain Inventory Buyers Housing Market 519

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. How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates?

Marketing 447

Marketing Mortgage Supply Chain Inventory 447

Housing Wire

JULY 25, 2022

Housing demand weakened noticeably as growing concerns about affordability contributed to non-seasonal declines in sales, resulting in a slight increase in inventory and more moderate price appreciation,” states the Federal Reserve’s most recently released Beige Book report — based on data and reports current as of mid-July.

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

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. .

Supply Chain 483

Supply Chain Construction Inventory Buyers 483

Eyes on Housing

JANUARY 20, 2022

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). Total existing home. Read More ›

Supply Chain 195

Supply Chain Realtors Inventory Buyers 195

Housing Wire

MAY 17, 2021

The gauge charting traffic of prospective buyers fell one point, to 73. Some builders are slowing sales to manage their own supply chains, which means growing affordability challenges for a market in critical need of more inventory.”.

Supply Chain 423

Supply Chain Construction Inventory Housing Market 423

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

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. The gauge charting traffic of prospective buyers decreased five points to 68. Inventory has been an issue for real estate agents and brokers since early 2020, as well.

Supply Chain 416

Supply Chain Inventory Housing Market Real Estate 416

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

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

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. What are you expecting to see next year in terms of supply chain issues?

Supply Chain 355

Supply Chain Construction Inventory Finance 355

DW Slater Company

FEBRUARY 23, 2023

The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. The demand for housing decreased with the higher mortgage rates as it decreased buyer power. The biggest answer is inventory. The inventory is still at very low levels.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

Housing Wire

SEPTEMBER 24, 2021

Still, new home sales remain high relative to levels since the housing market crash and show continued strong demand from buyers.” . month supply of new houses at the current sales rate, according to the report. The number of new houses for sale in August 2021 (378,000) represents a 6.1 This is a 74.3%

Supply Chain 448

Supply Chain Housing Market Construction Buyers 448

Housing Wire

FEBRUARY 25, 2021

And inventory shortages are the culprit. 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. There will also be a natural seasonal upswing in inventory in spring and summer after few new listings during the winter months,” Yun said.

Supply Chain 399

Supply Chain Inventory Housing Market Contracts 399

Housing Wire

APRIL 28, 2021

“This unprecedented price surge is hurting American home buyers and home builders and impeding housing and economic growth,” Fowke said. Policymakers need to examine the lumber supply chain, identify the causes for high prices and supply constraints and seek immediate remedies that will increase production.”

Supply Chain 442

Supply Chain Inventory Construction Market Value 442

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.” With mortgage rates back up in February, it’s likely that this momentum will be short lived.”

Supply Chain 320

Supply Chain Construction Inventory Development 320

Housing Wire

SEPTEMBER 14, 2022

Financial advisory firm Mortgage Capital Trading (MCT) notes that the strong inflation numbers released yesterday , September 13, make it likely that the Federal Reserve will be more aggressive in its next round of rate hikes. “A Refinance applications are 83% lower than last year.”.

Construction 369

Construction Real Estate Inventory Supply Chain 369

Housing Wire

DECEMBER 13, 2022

from a year ago, suggesting that supply-chain issues may be easing. 2023’s forward thinkers are investing in mortgage tech now. Mortgage rates have been declining after hitting its recent peak about a month ago at 7.16%. Excluding food and energy prices, the so-called core CPI rose 0.2% year-over-year.

Housing Market 386

Housing Market Marketing Supply Chain Inventory 386

Housing Wire

AUGUST 31, 2022

The SFBFR market is a means to add inventory amid challenges over housing affordability and down-payment requirements in the for-sale market, particularly during a period when a growing number of people want more space and a single-family structure.”. In turn, this is all affecting existing-home sale patterns. in July and by 2.1%

Marketing 368

Marketing Construction Supply Chain Development 368

Housing Wire

JUNE 23, 2023

Some of the best performing stocks in America this year are from large, national homebuilders – strong consumer demand , limited competition from the existing home sales market , and an improving supply chain have boosted their outlooks. from April, and up 5.7% from May 2022, to 1.63 million. “Our ”

Supply Chain 344

Supply Chain Construction Buyers Mortgage 344

Housing Wire

NOVEMBER 10, 2022

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. . Some of his would-be buyers are renting apartments until mortgage rates markedly improve. It could be a while.

Construction 406

Construction Supply Chain Buyers Development 406

Housing Wire

MARCH 28, 2022

However, since I had the possibility of the 10-year yield getting to 2.42% and 4% plus mortgage rates, I accounted for that in the range. 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. Inventory has been falling for years.

Housing Market 309

Housing Market Marketing Supply Chain Inventory 309

Hank Miller Team

DECEMBER 17, 2021

It's not a rosy outlook; expect home buyer frustration to increase in 2022. So what's in store for home buyers and sellers that have to make a move this spring? So what's in store for home buyers and sellers that have to make a move this spring? See the inventory bumps as we head into the first quarter? Probably not.

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

Housing Wire

MARCH 8, 2021

Demand for homes will be bolstered by an improving job market, favorable demographic trends, and mortgage rates that, while rising, are still low from a historical perspective. The improving economic picture is putting upward pressure on mortgage rates, which have moved above 3% in recent weeks for 30-year fixed-rate loans.

Supply Chain 531

Supply Chain Inventory Construction Marketing 531

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. In the last year, PMI helped more than 2 million homeowners purchase or refinance a mortgage. According to the U.S.

Housing Market 369

Housing Market Marketing Insurance Supply Chain 369

Hank Miller Team

NOVEMBER 8, 2021

Trying to predict any market; stock, bond, mortgage, real estate or other type is a measured guess at best. Toss in a global pandemic, global supply chain issues along with global inflation and the challenge is exacerbated. The two main drivers; low mortgage rates and historically low inventory.

Supply Chain 98

Supply Chain Inventory Housing Market Government 98