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. New construction is backed up,” she said.

Construction 366

Construction Supply Chain Inventory Agents 366

Housing Wire

NOVEMBER 10, 2022

David Meyer is thankful that his business is still plugging along during the wildest housing market in decades. 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. . Department of Housing and Urban Development.

Construction 418

Construction Supply Chain Buyers Development 418

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 365

Supply Chain Construction Inventory Finance 365

Housing Wire

JUNE 23, 2021

in May to a 769,000 seasonally adjusted annual rate, according to data released Wednesday by the Department of Housing and Urban Development and the U.S. above where they were a year ago, when COVID-related procedures froze the new home market in place. For new homes, that supply is sitting at roughly 5.1 Census Bureau.

Supply Chain 433

Supply Chain Construction Buyers Development 433

Housing Wire

MARCH 23, 2022

Department of Housing and Urban Development and the U.S. 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. in February.

Supply Chain 363

Supply Chain Housing Market Buyers Construction 363

Housing Wire

JULY 28, 2021

Department of Housing and Urban Development and the U.S. Sales continued to trend lower in June as some builders slow sales contracts to manage supply-chains, amidst longer delivery times and higher construction costs,” said NAHB Chairman Chuck Fowke. Census Bureau. on a year-to-date basis.

Supply Chain 393

Supply Chain Training Construction Development 393

Housing Wire

FEBRUARY 15, 2023

Temperatures are slowly starting to rise in many parts of the country as we head into spring — and so is homebuilder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. Builders are continuing to offer a variety of incentives.

Mortgage 383

Mortgage Supply Chain Housing Market Construction 383

Housing Wire

MAY 19, 2022

Skyrocketing mortgage rates and a slowdown in new home constructions led to a drop in home purchases in April. With the supply of existing homes on the market still at extremely low levels, the new home market is an important source of housing supply. Homebuilders constructed about 1.23

Supply Chain 422

Supply Chain Construction Mortgage Development 422

Housing Wire

MARCH 16, 2022

For the first time since September 2021, homebuilder confidence in the market for newly built single-family homes has dropped below the 80-point mark, according to the National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI), which was released on Wednesday.

Buyers 377

Buyers Supply Chain Construction Inventory 377

Housing Wire

FEBRUARY 29, 2024

Fewer homes under construction and falling permits mean dwindling options for future buyers, adding more pressure to a market already strained by tight supply,” Point2 said. The total number of homes under construction fell by 9% in 2023 while the number of permits dropped 11% year over year.

Inventory 395

Inventory Supply Chain Construction Buyers 395

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.)

Supply Chain 350

Supply Chain Inventory Loan Conditions Construction 350

Housing Wire

NOVEMBER 17, 2023

Department of Housing and Urban Development and U.S. Permits for future construction also jumped 1.1% Indeed, privately‐owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,487,000, up from 1,471,000 in September. Census Bureau data. from September.

Supply Chain 359

Supply Chain Construction Finance Development 359

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.

Construction 433

Construction Supply Chain Inventory Housing Market 433

Housing Wire

NOVEMBER 17, 2021

Construction of new homes took a dip in October, with housing starts declining month-over-month by 0.7% Department of Housing and Urban Development this week. Year-to-date, housing starts were up just 0.4%. . One issue is a shortage of construction workers and muted productivity,” she said. “One

Supply Chain 375

Supply Chain Construction Development Housing Market 375

Housing Wire

APRIL 21, 2022

A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials. This means that the doors, windows, electrical all are done by contractors after the walls have been constructed.”. Khater wrote.

Construction 389

Construction Supply Chain Investors Business 389

Housing Wire

JUNE 23, 2023

Department of Housing and Urban Development (HUD) announced this week that it has established a new Office of Manufactured Housing Programs , which will report to Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner Julia Gordon.

Supply Chain 377

Supply Chain Design Modernization Retail 377

Housing Wire

AUGUST 29, 2022

Closing the housing supply gap will not happen overnight because it has taken some time to get where we are today. The construction industry has yet to fully recover from the 2008 financial crisis when it lost a big segment of its skilled construction workforce. The good news.

Construction 391

Construction Supply Chain Finance Legal 391

Housing Wire

MAY 18, 2021

Housing completions were at a rate of 1.045 million in April, just 0.1% million — proof that builders are delaying housing starts due to the marked increase in costs for lumber and other materials, said Mike Fratantoni, Mortgage Bankers Association ‘s chief economist. above the March rate of 1.04

Supply Chain 544

Supply Chain Construction Government Inventory 544

Housing Wire

FEBRUARY 16, 2023

With economic uncertainty and supply chain issues plaguing the industry, homebuilders pulled back last month. Department of Housing and Urban Development (HUD). Housing starts were down 21.4% Housing starts were down 21.4% Homes were started at an estimated annual pace of 1.309 million in January, down 4.5%

Supply Chain 333

Supply Chain Construction Inventory Development 333

Housing Wire

AUGUST 31, 2022

In 2019, they teamed up to make a $450 million equity commitment to develop 2,000 new “build-for-rent” homes. Tricon notes in announcing the latest joint venture with ASRC that it “has already invested $1 billion in developing new, high-quality rental housing and has a pipeline of over 7,000 new homes currently under development.”.

Marketing 374

Marketing Supply Chain Construction Development 374

Housing Wire

MAY 8, 2023

In the three years prior to the pandemic, completed foreclosure auctions represented a potential affordable housing supply of 250,000 homes a year on average, according to public record data from ATTOM. That would represent a roughly 12% boost to the overall supply of single-family homes that were produced by new home builders in 2022.

Inventory 380

Inventory Renovations Supply Chain Buyers 380

The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half.

Marketing 78

Marketing Real Estate Investing Retail 78

Will Springer Realtor

MARCH 14, 2022

This is in no way an effort to downplay the unfolding tragedy or appear tone deaf, but it is a fair question: Will residents in our region face economic challenges so severe that it will affect the real estate market? The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Housing Wire

FEBRUARY 22, 2022

homebuilder, housing starts, lumber, builders, builder confidence, construction. Then there are the global supply chain issues, which have frustrated small-time homebuilders like Noel and the heads of publicly traded builders alike. single family homes on the market were new builds, according to a report by Redfin.

Supply Chain 535

Supply Chain Construction Inventory Housing Market 535

Will Springer Realtor

JULY 13, 2023

Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. Local government, developers, architects and others will need to step up and take responsibility for the sake of our city.

Construction 36

Construction Supply Chain Real Estate Development 36

Appraisal Buzz

SEPTEMBER 26, 2022

Entering the housing market today is challenging for many homeowners. In 2021, more than 90% of builders reported backlogs and supply scarcity. COVID-19 caused breakdowns in the supply chain and labor shortages. COVID-19 caused breakdowns in the supply chain and labor shortages. Try Upzoning.

Construction 195

Construction Supply Chain Buyers Retail 195

Will Springer Realtor

MAY 9, 2023

In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Kitchen and bath professionals are reporting 3.9-month

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

DECEMBER 8, 2021

It’s safe to say we are tired of hearing the phrase “supply-chain disruption” and experiencing its effects. 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.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. This vision has been more than a quarter century in the making to assemble the land, design, entitle and construct this community,” said James Wong, Vibrant CEO.

Inventory 36

Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

NOVEMBER 10, 2023

These private, rule-setting associations – of which there are more than 350,000 in the nation – are growing in number but they should also be a waving caution flag to Fair Housing watchdogs. BENEFITS OF BUYING NEW Are you thinking of buying a home but can’t afford the high-interest payments? New home builders have an answer. Sunnyvale, Calif.

HOA 36

HOA Buyers Law Supply Chain 36

Will Springer Realtor

JANUARY 7, 2022

“Headwinds the real estate market will face in 2022 include affordability, inflation in the economy, the potential of higher taxes and additional economic factors (including supply chain issues and struggles to fill empty positions).”. The biggest variable is Covid.

Construction 36

Construction Real Estate Inventory Buyers 36

Will Springer Realtor

MARCH 11, 2024

By embracing a comprehensive understanding of the true cost of homeownership, individuals can navigate the turbulent waters of the housing market with confidence, ensuring a secure and sustainable future for themselves and their families. 1 with a combined 75,274 units newly completed or being developed. ELECTION YEAR EFFECT?

Insurance 36

Insurance Sellers Real Estate Buyers 36