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Indiana’s housing market is primed to bounce back in 2024

Housing Wire

It is becoming more of a ‘I need to move so I am going to list my home,’ and it is pretty much always due to a life event and that is really the only way we are seeing inventory come on the market,” Kurt Schuler, a New Albany-based ERA agent, said. Very few new construction homes are going up in our area,” Diamond said.

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HUD announces final rule to protect against flood risk

Housing Wire

Department of Housing and Urban Development (HUD) announced Monday that it published a final rule, the Federal Flood Risk Management Standard (FFRMS), in the Federal Register. Growing impact of flooding, natural disasters As flooding and other extreme weather events have impacted more people across the U.S.

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LenderPulse Q4 2023 survey: Mortgage pros still see opportunities in the housing market

Housing Wire

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Industry workers didn’t pull back on investing in professional development, with the majority (51%) spending money to reach potential clients. in events to garner business.

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Wow — 6 million existing home sales! However, context is key with 2020 housing market data

Housing Wire

housing market and compare those to where we are today — in the middle of one of the most epic years in our country’s history, due to COVID-19. No doubt about it, the COVID crisis has taken some juice out of the 2020 housing market. The February housing data, pre-COVID, was juicy indeed. higher than a year ago.

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HUD issues $13.5M in affordable housing grants

Housing Wire

Department of Housing and Urban Development (HUD) on Thursday announced a new series of affordable housing grants totaling $13.5 Announced by Marion McFadden, HUD principal assistant secretary for community planning, at a Habitat for Humanity event in Nashville, the $13.5 will receive $1 million.

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Housing starts tick back up in July in spite of headwinds

Housing Wire

Housing starts picked up significantly in July to a seasonally adjusted annual rate of 1.452 million, according to the U.S. Meanwhile, permits for future construction eked a 0.1% The increase in housing starts came after an unexpected slump last month and beat expectations. Census Bureau. That was up 3.9% from June and up 5.9%

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The state of the homebuilding market

Housing Wire

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. The event is exclusively for HW+ members , and you can go here to register. 2022 marked a unique time for homebuilders. Homebuilding Contract Values.

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