Housing Wire

MAY 11, 2024

Weekly housing inventory data Last week was another week that missed my inventory growth model with higher rates. I am always looking for weekly inventory growth between 11,000 and 17,000 when rates are over 7.25%. Rates have fallen recently and inventory growth was higher last week than the previous week.

Mortgage 458

Mortgage Inventory New Listings Housing Market 458

Housing Wire

MAY 15, 2024

Researchers developed a framework for estimating the number of home sales in 2024 based on the current levels for mortgage rates. Available inventory of homes to buy follows a reliable seasonal trend with the low in Q1 and the high in Q3 of each year (except for the 2020 pandemic year). This was a supply-constrained market.

Mortgage 432

Mortgage New Listings Inventory Sellers 432

Appraisal Buzz

APRIL 23, 2024

Department of Housing and Urban Development. With many homeowners “rate-locked” into their existing homes, new homes are the only bright spot in a market suffering from low inventory. This will improve the cost of financing for land developers and home builders and enable more attainable housing supply.” “New about an 8.3-month

Mortgage 369

Mortgage Inventory Development Finance 369

Housing Wire

NOVEMBER 30, 2023

The current trajectory of rates is an encouraging development for potential homebuyers, with purchase application activity recently rising to the same level as mid-September when rates were similar to today’s levels,” Sam Khater, Freddie Mac’s chief economist, said in a statement. “The on Thursday. by the second quarter of 2024.

Mortgage 512

Mortgage Inventory Tools Investors 512

Housing Wire

MAY 14, 2024

Louis-based developer of a leading white-label financial fitness and homeownership platform, announced the closure of a $17 million Series B funding round on Tuesday. In addition to product development, FinLocker (a former HousingWire Tech 100 winner) plans to expand its strategic partnerships and collaborations within the mortgage ecosystem.

Tools 441

Tools Technology Development Home Value 441

Housing Wire

DECEMBER 22, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). According to Robert Dietz, chief economist at the National Association of Home Builders (NAHB), new home inventory represented about 30% of the total inventory on the market in 2023, compared to the historical norm of 12%. This is 12.2%

Inventory 450

Inventory Government Development Marketing 450

Housing Wire

JANUARY 23, 2024

But for those who are aging in place in these homes today, there is also a notable deficit of renovations and added safety features, which could prove problematic for those who will naturally develop vision, mobility or cognitive impairments as time progresses, the report said.

Renovations 517

Renovations Home Improvement Inventory Housing Market 517

Housing Wire

JANUARY 23, 2024

With the coming together of interest rate drops, the persistent, continued low inventory levels and 2023 being recorded as the slowest year for U.S. This decline, coupled with the aforementioned low inventory levels, is set to rekindle suppressed buyer demand. Will we get more inventory? The strategy has changed for buyers.

Real Estate Agent 450

Real Estate Agent Real Estate Buyers Agents 450

Housing Wire

SEPTEMBER 27, 2023

A steady flow of new homes have hit the market this spring and summer, as homebuilders worked diligently to remedy the housing inventory shortage. Divounguy added that new home sales should make up a bigger piece of the home sales pie moving forward. Part of the price drop has been a shift to sales of smaller, less expensive homes.”

Housing Market 515

Housing Market Marketing Inventory Construction 515

Housing Wire

FEBRUARY 26, 2024

Department of Housing and Urban Development (HUD) on Monday announced new agreements between HUD, the Environmental Protection Agency (EPA), the U.S. The agencies will use the information gained from the program to expand their efforts in combating the risks associated with lead exposure in existing housing inventory.

Development 441

Development Inventory Real Estate 441

Housing Wire

MARCH 27, 2024

The currency policy will put VA buyers on the sidelines, especially in a market with already tight inventory, Sears pointed out. “In I would hope something would come of that because these people fought for our country, right? They’ve earned the right to have that VA loan,” he added.

Buyers 450

Buyers Real Estate Agent Inventory Real Estate 450

Housing Wire

JANUARY 18, 2024

This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. However, as purchase demand continues to thaw, it will put more pressure on already depleted inventory for sale,” said Sam Khater, Freddie Mac’s chief economist.

Mortgage 530

Mortgage Inventory Retail Construction 530

Housing Wire

JULY 25, 2023

Usually built by one developer, they are large, custom-built residential communities that include a number of recreational amenities for residents. Land Tejas, owned by Starwood Capital Group, appeared on the list three times and was the developer behind Sunterra. All of its communities were in Texas.

Development 369

Development Real Estate Construction Inventory 369

Housing Wire

JULY 23, 2021

Acra Lending is doing what it can to help free up inventory. By working with borrowers in unusual circumstances, Acra is helping create opportunities for inventory to open up. In addition to low inventory, the massive competition in the market has led to an increase in home prices. 3-month bank statement. Jumbo products.

Housing Market 432

Housing Market Marketing Inventory Lending 432

Housing Wire

FEBRUARY 5, 2024

While this won’t lead to a “silver tsunami” when it comes to a flood of housing inventory, the impacts of an aging population are difficult to ignore. Even some cities in California, like Laguna Beach , are developing their own programs dedicated to aging-in-place initiatives. Roughly 10 other states are mulling their own plans.

Government 421

Government Development Design Inventory 421

Housing Wire

FEBRUARY 12, 2024

Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. We have been working with AFR on the transition plans over the last several months and are excited about the opportunity to build on a great foundation,” Craig Cohen, managing member of Proprietary Capital, said in a statement.

Lending 430

Lending Renovations Construction Finance 430

Housing Wire

SEPTEMBER 27, 2023

Industry workers didn’t pull back on investing in professional development, with the majority (51%) spending money to reach potential clients. Elevated housing prices, lack of inventory on the market and loans falling through were the three biggest challenges surveyed professionals face in Q4. in events to garner business.

Housing Market 421

Housing Market Mortgage Marketing Inventory 421

Housing Wire

MAY 21, 2024

Research local market trends Stay informed about local market trends, such as inventory levels, demand, and median home prices. Consider future development Investigate potential developments in the area, as they can significantly impact property values.

Real Estate Agent 466

Real Estate Agent Real Estate Inspection Tools 466

Housing Wire

DECEMBER 28, 2023

Leaders in Colorado districts are entering the housing market in a variety of ways, including engaging in partnerships with developers, constructing tiny homes and even becoming landlords, according to a story published by the Denver Post. Rents also remain challenging according to data the Post cites from Zillow.

Housing Market 441

Housing Market Marketing Landlords Development 441

Housing Wire

AUGUST 3, 2023

Some economists say that this development contributed to drive up the 10-year treasury yield to its highest level since November 2022. Despite higher rates and lower purchase demand, home prices have increased due to very low unsold inventory.” Scarce inventory leads to a modest pace of sales for existing homes.

Mortgage 370

Mortgage Inventory Government Buyers 370

Housing Wire

NOVEMBER 30, 2020

Realtors cited a combination of high demand and low inventory, which are making conditions more competitive and exerting upward pressure on prices. According to Yun, median home prices are rising “ much too fast ” and that transforming raw land into developable lots and new supply are clearly needed to help tame the home-price growth.

Realtors 534

Realtors Inventory Contracts Development 534

Housing Wire

JULY 18, 2023

The NAHB attributes the continued rise in builder confidence to low existing home inventory. The lack of resale inventory means prospective home buyers who have not been priced out of the market continue to seek out new construction in greater numbers,” Alicia Huey, the chairman of the NAHB, said in a statement.

Inventory 370

Inventory Construction Buyers Housing Market 370

Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

Mortgage 512

Mortgage Inventory Real Estate Technology 512

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. RE/MAX’s toolbox is so impressive; joining RE/MAX for agent development, education, technology and marketing is going to benefit our agents and their clients in a big way.”

Brokerage 410

Brokerage Technology Agents Training 410

Housing Wire

DECEMBER 23, 2022

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. However, new home builders will face more competition from existing homes as inventory continues to rise.” . New home sales, to the surprise of many, rose by 5.8% in November. Home prices did fall from October, which is more of a seasonal trend.”

Contracts 384

Contracts Inventory Housing Market Mortgage 384

Housing Wire

MARCH 23, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). monthly decrease in new home inventory, with just 436,000 new homes remaining on the market at the end of the month. New home sales continued to rise in February, jumping 1.1% On a year-over-year basis, however, new home sales are still down 19.0%.

Buyers 410

Buyers Inventory Real Estate Development 410

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Why It’s Hard to Meet Housing Inventory Needs Right Now. Why Is U.S.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

JANUARY 9, 2024

What remains an unknown, however, is whether housing inventory, pricing and interest rates will settle into a goldilocks zone that allows home equity lending to flourish. While lower mortgage rates are welcome news, potential homebuyers are still dealing with the dual challenges of low inventory and high home prices that continue to rise.”

Lending 466

Lending Inventory Mortgage Finance 466

Housing Wire

JUNE 22, 2021

“Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist. Total housing inventory at the end of May grew to 1.23 Unsold inventory sits at a 2.5-month

Inventory 421

Inventory Buyers Realtors Housing Market 421

Housing Wire

JULY 26, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). It’s a unique housing market, unparalleled in recent years, for the active inventory to be so heavily skewed towards new construction. At the current sales pace this inventory represents 7.4 In June, the sales pace of new homes fell 2.5% year over year.

Housing Market 370

Housing Market Marketing Construction Inventory 370

Housing Wire

JANUARY 12, 2024

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. I am humble enough to understand that the audience for this piece is far more capable than I am in developing ideas and creating value. The job is not easy, but the impact is enormous.

Supply Chain 421

Supply Chain Finance Development Modernization 421

Eyes on Housing

NOVEMBER 17, 2023

Single-family construction held steady in October as high mortgage rates depressed demand but more buyers turned to new homes because of a lack of existing inventory. Department of Housing and Urban Development and the U.S. Overall housing starts increased 1.9% in October to a seasonally adjusted annual rate of 1.37

Construction 177

Construction Inventory Development Buyers 177

Housing Wire

AUGUST 23, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). are likely to price out many prospective homebuyers this fall, and inventory , which is beginning to tick up in many markets. At the current sales pace this inventory represents 7.3 In July, the sales pace of new homes climbed 4.4% months below July 2022.

Inventory 370

Inventory Housing Market Finance Mortgage 370

Housing Wire

JANUARY 10, 2024

billion affordable housing and community development investment platform,” according to an announcement from the company. “It These “have financed 2,800 developments, creating or preserving 200,000 affordable homes nationwide,” The company said.

Investing 431

Investing Development Investors Finance 431

Housing Wire

JUNE 28, 2022

I developed a specific home-price growth model for the years 2020-2024 which said that if home-price growth grew at 23% for five years we would be fine, with total housing demand —both new and existing homes together — getting to 6.2 To have that market, we need total inventory data to get back to 1.52-1.93 million or higher.

Housing Market 458

Housing Market Marketing Inventory Investors 458

Housing Wire

MARCH 1, 2022

The company says it will use the funding to scale its operations, accelerate its research and development and expand construction into new markets. It also completed a 78-unit emergency housing development in San Jose in only 90 days. This Series D follows a period of rapid growth for the homebuilding company.

Construction 397

Construction Development Design Inspection 397

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). Why inventory levels matter to appraisers. Inventory levels have an impact on property valuation, at least in the short term. Of course not.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370