Housing Wire

NOVEMBER 16, 2021

Mortgage applications for new home purchases dipped by 15.2% year-to-year in October, according to a monthly builder survey published by the Mortgage Bankers Association this week. In September , the average mortgage loan size of new homes clocked in at $408,522, the survey found. Recent U.S. of loan applications.

Supply Chain 468

Supply Chain Mortgage Construction Buyers 468

Housing Wire

APRIL 28, 2022

builder confidence, housing starts, homebuilder, builder, lumber, construction costs. Auld said the homebuilder started construction on 24,800 homes this quarter and homes and inventory “increased 30% from a year ago with only 600 unsold completed homes across the nation. per diluted share.” per diluted share.” That’s up from $2.53

Supply Chain 343

Supply Chain Construction Inventory Marketing 343

Housing Wire

APRIL 18, 2023

What is the best news for mortgage rates long-term? It’s getting more supply of apartments! The best way to fight inflation is always by adding more supply; if your goal is to destroy inflation by killing demand, that is only a temporary fix. The housing market is still in a recession until housing permits rise in duration.

Mortgage 486

Mortgage Construction Supply Chain Housing Market 486

Housing Wire

SEPTEMBER 22, 2022

Economists at Fannie Mae say the Federal Reserve ‘s fiscal policy is having its desired effect on the housing market – home price growth began to slow in the summer, and the GSE says the housing slowdown will continue through 2023. The latest forecast also projects total mortgage origination activity at $2.44 trillion in 2022.

Housing Market 399

Housing Market Supply Chain Marketing Inventory 399

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

APRIL 16, 2021

That’s up 37% from a year ago, but it’s important to take into account that the COVID-19 virus first took hold of the housing market in March 2020, said Doug Duncan, chief economist at Fannie Mae. Suburban multifamily housing construction is also benefitting from this trend.” from February.

Inventory 545

Inventory Housing Market Marketing Supply Chain 545

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.

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Construction Supply Chain Inventory Housing Market 424

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 446

Marketing Mortgage Supply Chain Inventory 446

Housing Wire

NOVEMBER 17, 2023

Permits for future construction also jumped 1.1% Builder confidence declined again on Thursday for the fourth consecutive month as elevated mortgage rates have dampened homebuyer demand. The Northeast did not perform as well as weather, supply chain issues, and difficulties getting permits hampered construction.

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Supply Chain Construction Finance Development 341

Housing Wire

MAY 19, 2022

Skyrocketing mortgage rates and a slowdown in new home constructions led to a drop in home purchases in April. Mortgage applications for new home purchases dropped 10.6% in April from the same period last year, according to the Mortgage Bankers Association builder application survey. Homebuilders constructed about 1.23

Supply Chain 418

Supply Chain Construction Mortgage Development 418

Housing Wire

SEPTEMBER 20, 2021

Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022. It also downsized its 2022 mortgage origination volume forecast by $55 billion to $3.25 trillion from the $4.36

Supply Chain 411

Supply Chain Inventory Government New Listings 411

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

AUGUST 31, 2022

“We have decades of experience in residential real estate development across the country and are excited to partner with ASRS yet again to build a new supply of high-quality, professionally-managed rental housing in the communities where people want to live.”. In turn, this is all affecting existing-home sale patterns. in July and by 2.1%

Marketing 365

Marketing Construction Supply Chain Development 365

Housing Wire

DECEMBER 20, 2022

This is the reason construction workers still have jobs, and that backlog needs to be finished; this is a positive outcome. The bigger story here is that if we want to see mortgage rates fall, we need more rental units, and right now we have a massive backlog of 2-unit homes under construction — over 900,000. When supply is 4.3

Housing Market 389

Housing Market Marketing Construction Supply Chain 389

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 368

Mortgage Supply Chain Housing Market Construction 368

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 349

Supply Chain Housing Market Buyers Construction 349

Housing Wire

MAY 7, 2021

HousingWire spoke to housing market economists and mortgage industry veterans to get their take on how they believe the jobs report will impact the mortgage and housing industries. Regardless, a gain is a gain, and the Bureau of Labor Statistics reported nearly eight million jobs are open for those seeking to reenter the market.

Housing Market 462

Housing Market Supply Chain Marketing Mortgage 462

Housing Wire

NOVEMBER 10, 2022

Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! This of course led some people to believe that bond yields and mortgage rates would go much higher today. year-over-year growth.

Mortgage 534

Mortgage Supply Chain Housing Market Marketing 534

Housing Wire

FEBRUARY 2, 2022

On the other hand, they will not have the materials, labor, or efficient supply chain processes to meet that demand. The average 30-year fixed mortgage interest rate is about 3.6%, according to a Freddie Mac survey.). The homebuilder’s trade group continues to refer the supply chain as a “crisis.”. in December.

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Supply Chain Investors Construction Buyers 297

Housing Wire

FEBRUARY 9, 2023

Despite this, the NAHB is optimistic that the recent drop in mortgage rates over the past two months might signal that affordability conditions may have reached their low point for this cycle of the housing market. In addition, Q4 also saw average mortgage rates reach a series high of 6.80%.

Supply Chain 319

Supply Chain Housing Market Marketing Mortgage 319

Housing Wire

JULY 15, 2021

NAHB CEO Jerry Howard testified before Congress and called on lawmakers to enact key policy proposals that will help homebuilders to expand the housing supply, reduce the housing deficit and improve housing affordability for all Americans. Lower constructions costs would help lower the under-building gap. Congress needs to enact H.R.

Inventory 457

Inventory Supply Chain Construction Government 457

Housing Wire

MARCH 3, 2023

Inflation is hot, so why aren’t mortgage rates over 10% like we saw in the 1970s? Put those disco pants back in the closet; this isn’t the 1970s, John, and the bond market has been saying this to anyone who would listen. This is a good question because the answer can clear many things up with inflation and mortgage rates.

Mortgage 395

Mortgage Supply Chain Construction Marketing 395

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 351

Supply Chain Construction Inventory Finance 351

Eyes on Housing

FEBRUARY 15, 2023

Two consecutive solid monthly gains for builder confidence, spurred in part by easing mortgage rates, signal that the housing market may be turning a corner even as builders continue to contend with high construction costs and building material supply chain logjams.

Supply Chain 178

Supply Chain Construction Housing Market Marketing 178

Housing Wire

JANUARY 2, 2024

When will the mortgage industry know it has reached the tipping point where innovation is no longer a competitive advantage but an existential need? Fifteen years ago, I launched a business on a mission to modernize and decrease friction in the real estate finance supply chain. Everyone works together.

Mortgage 345

Mortgage Modernization Finance Supply Chain 345

Housing Wire

MAY 18, 2021

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. Housing completions were at a rate of 1.045 million in April, just 0.1% above the March rate of 1.04

Supply Chain 540

Supply Chain Construction Government Inventory 540

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. “There are now almost 690,000 single-family homes under construction – the largest number since 2007. Housing starts in the U.S. million units. .

Supply Chain 483

Supply Chain Construction Inventory Buyers 483

Eyes on Housing

AUGUST 16, 2022

A sharp decline in single-family home construction is another indicator that the housing slowdown is showing no signs of abating, as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market. Overall housing starts fell 9.6%

Supply Chain 171

Supply Chain Construction Mortgage Marketing 171

Housing Wire

FEBRUARY 3, 2022

Thanks to a boom in the housing market and a historic refinance market, the past two years have been a favorable period for the mortgage market. In the process, a historic $9 trillion of mortgage loans were closed over two years. 5 predictions for the 2022 housing market. 2022 Forecast series.

Housing Market 403

Housing Market Marketing Supply Chain Mortgage 403

Eyes on Housing

DECEMBER 23, 2022

While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs, and challenging affordability conditions. Sales of newly built, single-family homes in November increased 5.8%

Supply Chain 168

Supply Chain Construction Housing Market Mortgage 168

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 315

Supply Chain Construction Inventory Development 315

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 333

Supply Chain Inventory Loan Conditions Construction 333

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 Northeast and Midwest both saw significant drops of four and three points, respectively, to 82 and 75.

Supply Chain 420

Supply Chain Construction Inventory Housing Market 420

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. Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. HousingWire: How will rising rates affect new home construction?

Housing Market 303

Housing Market Marketing Supply Chain Inventory 303

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 from April, and up 5.7% from May 2022, to 1.63

Supply Chain 339

Supply Chain Construction Buyers Mortgage 339

Housing Wire

NOVEMBER 17, 2022

However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. For this reason, the number of housing units “under construction” is the largest ever recorded in history because they were taking so long to finish.

Contracts 533

Contracts Construction Supply Chain Marketing 533

Eyes on Housing

SEPTEMBER 21, 2022

The August drop in building permits indicates that the housing market is continues to cool as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market. Overall housing starts rose 12.2% to a seasonally adjusted annual rate. Read More ›

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Supply Chain Construction Housing Market Marketing 134