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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. Days on Market.

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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

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 400
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HUD launches Office of Manufactured Housing Programs

Housing Wire

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.

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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.

Contracts 545
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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. They’re stressed on so many fronts right now.”.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

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. The Seattle luxury condo market is taking it on the chin, with prices in downtown/Belltown down 19% for the month and 24% YoY ($515K) on 7.7 months of inventory.