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. Theoretically, new construction should be bolstered by the acute shortage of housing on the market,” Point2 said.

Inventory 392

Inventory Supply Chain Construction Buyers 392

Housing Wire

MARCH 28, 2022

The one thing that has happened in 2022 that has been worse is that national inventory levels have worsened in 2022 to start the year. Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. Inventory has been falling for years.

Housing Market 318

Housing Market Marketing Supply Chain Inventory 318

Housing Wire

DECEMBER 20, 2022

However, due to the supply chain lag, it took too long to build homes over the last several years. The upside to that is that the builders have this backlog keeping construction workers employed and creating more supply to fight inflation next year. When supply is 4.3 When supply is 4.4

Housing Market 399

Housing Market Marketing Construction Supply Chain 399

Housing Wire

DECEMBER 22, 2022

The challenges buyers face today are significant: higher interest rates, higher home prices, historically low inventory, increasing costs for labor and materials and supply chain challenges. On the surface, these factors might make the outlook for the housing market look bleak, particularly for first-time homebuyers.

Housing Market 377

Housing Market Marketing Insurance Supply Chain 377

Housing Wire

JULY 26, 2023

“We immediately reach out to an insurance agent to see the insurability of the house because it is becoming more and more of a problem,” Armstrong, a Compass agent in San Diego, told HousingWire’s Brooklee Han in a feature we published Tuesday. That comes with its own risks – in many cases, wildfires. The result?

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Insurance Housing Market Marketing Supply Chain 351

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. The reason for the slowdown stems from a problem that continues to persist: a lack of inventory. trillion from the $4.36

Supply Chain 413

Supply Chain Inventory Government New Listings 413

Housing Wire

JANUARY 17, 2024

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. High mortgage rates and home prices quelled the surge in buyer demand, and time seems to have moderated the supply chain shocks.

Construction 432

Construction Supply Chain Transportation Buyers 432

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.

Supply Chain 493

Supply Chain Housing Market Construction Inventory 493

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 377

Inventory Renovations Supply Chain Buyers 377

Housing Wire

JUNE 19, 2023

For the first time in nearly a year, homebuilder confidence moved into positive territory thanks to strong consumer demand , limited competition from the existing home sales market , and an improving supply chain. The score in June was 55, up five points from May.

Supply Chain 440

Supply Chain Development Inventory Buyers 440

Housing Wire

APRIL 28, 2022

Horton , the nation’s largest homebuilder by gross revenue and total closings, this week released its second quarter earnings for the fiscal year, which executives deemed “outstanding,” despite ongoing supply chain challenges , “a very tight labor market ,” and the massive uptick in mortgage rates. Horton’s markets.

Supply Chain 353

Supply Chain Construction Inventory Marketing 353

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. In terms of sales volume, Dietz expects that new home sales will comprise 15% of transactions on the market in 2023.

Construction 432

Construction Supply Chain Inventory Housing Market 432

Housing Wire

JUNE 19, 2023

For the first time in nearly a year, homebuilder confidence moved into positive territory thanks to strong consumer demand , limited competition from the existing home sales market , and an improving supply chain. The score in June was 55, up five points from May.

Supply Chain 369

Supply Chain Development Inventory Buyers 369

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 360

Supply Chain Housing Market Buyers Construction 360

Eyes on Housing

JUNE 19, 2023

Solid demand, a lack of existing inventory and improving supply chain efficiency helped shift builder confidence into positive territory for the first time in 11 months.

Supply Chain 180

Supply Chain Inventory Housing Market Marketing 180

Housing Wire

APRIL 8, 2022

A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Fannie Mae ‘s Home Purchase Sentiment Index, which tracks the housing market and consumer confidence to sell or buy a home, dropped by 2.1 It’s a depressing combination.

Supply Chain 414

Supply Chain Housing Market Inventory Mortgage 414

DW Slater Company

FEBRUARY 23, 2023

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. Our markets are still strong. The demand for housing decreased with the higher mortgage rates as it decreased buyer power.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

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 346

Supply Chain Inventory Loan Conditions Construction 346

Housing Wire

JANUARY 20, 2021

fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. How to gain more listing visibility in a shifting housing market. Inventory has been an issue for real estate agents and brokers since early 2020, as well.

Supply Chain 419

Supply Chain Inventory Housing Market Real Estate 419

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. The improving job market is all to the positive.

Marketing 448

Marketing Mortgage Supply Chain Inventory 448

Housing Wire

MARCH 16, 2021

Policymakers must address building material supply chain issues to help the economy sustain solid growth in 2021.”. annual increase was the strongest since October 2018, meaning that while homes are being snatched up, building material inventory, including lumber, will remain low and expensive.

Supply Chain 546

Supply Chain Inventory Buyers Housing Market 546

Housing Wire

OCTOBER 18, 2021

Homebuilder confidence continued to rise in October despite increasing affordability issues due to rising material prices and ongoing shortages, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report released on Monday. Treasuries and mortgage-backed debt.

Supply Chain 523

Supply Chain Inventory Buyers Housing Market 523

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 429

Supply Chain Construction Inventory Housing Market 429

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. “It As of Feb.

Construction 362

Construction Supply Chain Inventory Agents 362

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 375

Buyers Supply Chain Construction Inventory 375

Housing Wire

FEBRUARY 22, 2022

Then there are the global supply chain issues, which have frustrated small-time homebuilders like Noel and the heads of publicly traded builders alike. Owing to a historic inventory crunch, new construction is playing a more prominent role in the housing inventory landscape in decades. In December 2021, 34.1%

Supply Chain 535

Supply Chain Construction Inventory Housing Market 535

Housing Wire

JUNE 23, 2023

The office will work to accelerate manufactured housing in order to help address the nation’s inventory issues. This organizational change represents a recognition of the critically important role that manufactured housing plays in our country’s housing market,” said Gordon.

Supply Chain 376

Supply Chain Design Modernization Retail 376

Housing Wire

AUGUST 31, 2022

The institutional-backed SFR sector has continued to expand its reach in 2022 in the face of a sharp downturn in the home-purchase market sparked by rapidly rising interest rates. The post Wall Street-backed players boost build-to-rent market appeared first on HousingWire. in July and by 2.1% year to date.

Marketing 373

Marketing Construction Supply Chain Development 373

Housing Wire

JUNE 23, 2021

above where they were a year ago, when COVID-related procedures froze the new home market in place. Related supply chain issues have resulted in a big jump in the price of a new home over the past year. “Policymakers must take action to improve supply-chains in order to protect housing affordability.”

Supply Chain 432

Supply Chain Construction Buyers Development 432

Housing Wire

SEPTEMBER 24, 2021

The housing market over the summer of 2021 appears to have settled at a level lower than the surge in the second half of 2020 into early 2021,” Ben Ayers, a senior economist at Nationwide , said in a statement. Sales of new homes were down 24.3% higher than August 2020.

Supply Chain 449

Supply Chain Housing Market Construction Buyers 449

Housing Wire

MARCH 22, 2021

Rising home prices, limited inventory and the uptick in mortgage rates continued to deter some homebuyers last month as sales of existing homes fell 6.6% The median existing-home price for all housing types in February was $313,000, up 15.8% Fannie Mae on how to make housing more affordable. 2020, as prices rose in every region.

Supply Chain 414

Supply Chain Inventory Realtors Housing Market 414

Housing Wire

FEBRUARY 1, 2022

Consumer desire for homeownership paired with a low supply of for-sale homes were the main contributors to a red-hot housing market in 2021. However, the data vendor said that the market is beginning shift. In other words, the market and home price appreciation will start to normalize. “As months of supply.

Supply Chain 404

Supply Chain Inventory Mortgage Housing Market 404

Hank Miller Team

JANUARY 18, 2022

The curtain fell on 2021 and the housing market report for greater Atlanta can be succinctly summed up; crazy. In addition the last quarter being traditionally slow, the big influences on the market were inflation levels unseen in 40 yrs, supply chain shortages, labor issues and of course the rise and run of the omicron covid variant.

Housing Market 103

Housing Market Supply Chain Marketing Buyers 103

Housing Wire

JUNE 18, 2021

The housing market is no stranger to supply constraints. But according to Doug Duncan, chief economist at Fannie Mae , it’s not going to be just one of these factors that brings the market back to some semblance of normalcy. In doing so, he noted, three-quarters of the supply chain simply wasn’t produced.

Supply Chain 331

Supply Chain Housing Market Marketing Inventory 331

Housing Wire

DECEMBER 20, 2022

All the while, builders continued to face supply chain issues , labor shortages and wild fluctuations in material costs. As a result, I think it has actually insulated some aspects of the market. What are you expecting to see next year in terms of supply chain issues?

Supply Chain 362

Supply Chain Construction Inventory Finance 362

Housing Wire

FEBRUARY 25, 2021

And inventory shortages are the culprit. Despite the decline, many industry observers see big potential for the housing market in the year ahead. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. January was illustrative.

Supply Chain 399

Supply Chain Inventory Housing Market Contracts 399

Housing Wire

APRIL 7, 2022

Purchase mortgage rates have risen faster in the last three months than at any time since May 1994, climbing ever closer to the 5% mark due to a combination of rising inflation , the war in Ukraine, and disruptions to the supply chain. Normally, a period of rising mortgage rates cools housing prices. compared to March 2020.

Mortgage 381

Mortgage Supply Chain Inventory Investors 381