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June Newsletter-Easing Off the Pedal

DW Slater Company

Not braking just easing off the pedal as there are some current issues that are impacting the markets. Economic changes, policy changes, supply chain issues, social changes, and buying power can all impact real estate. Here is a look at the home price index in the Dallas- Fort Worth- Arlington market. – George Dell.

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7 Problems to Watch Out for During a Home Renovation

Eppraisal

If necessary, consider updating your plumbing to meet modern standards and reduce the risk of future issues. Consider modernizing your electrical systems to meet current standards and accommodate the renovation's needs, including outlets, lighting and load capacity.

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HUD launches Office of Manufactured Housing Programs

Housing Wire

“This organizational change represents a recognition of the critically important role that manufactured housing plays in our country’s housing market,” said Gordon.

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Can 3-D printed homes help solve the housing crisis?

Housing Wire

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. The future will mean housing is abundant, affordable, beautiful, diverse, and exciting,” Ballard said. There is something endearing in the 3-D printed wall’s construction.

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Builders apply the brakes amid canceled contracts

Housing Wire

The best way to fight inflation is to add more supply, and when I look at the housing completion data for the past two years, it just makes me want to puke. In previous expansions, builders’ housing completion data would move in line with housing starts and permits. When supply is 4.3 When supply is 4.4

Contracts 545
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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

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. This provides modern-feel homes to mostly newer homeowners. In 2019 the number was 200,000.

Inventory 407
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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

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. We certainly see that in all forms of residential real estate – from new construction to finding items for the home.