Remove 2000 Remove Buyers Remove Construction Remove Housing Market
article thumbnail

The big short in housing supply isn’t going away

Housing Wire

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. Measuring the housing deficit. The event is exclusively for HW+ members , and you can go here to register.

article thumbnail

U.S. Housing Market Collapse? Nowhere in Sight

Empire Appraisal Group

Housing Market Collapse? Housing Market Collapse? The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. housing market is suffering some cracks, but an outright collapse is nowhere in sight.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why the US MLS system is the envy of other countries

Housing Wire

As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers. Home buyers like my mother and father outside the U.S. experience.

article thumbnail

Comparing this housing market recession to 2008

Housing Wire

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. A few months ago, I was asked to go on CNBC and talk about why I call this a housing recession and why this year reminds me a lot of 2018, but much worse on the four items above.

article thumbnail

DataDigest: What the latest data says about home prices, construction and sales

Housing Wire

Cutting prices is one of several mechanisms homebuilders have employed to keep buyers interested since rates began skyrocketing. Homebuilders are also pacing the number of homes they bring to market. The rate of homes under construction has roughly plateaued since April 2022.

article thumbnail

Could the Race to Space Create New Housing Opportunities?

McKissock

If NAR’s prediction is correct, the space tech boom could also mean a housing boom, which would create opportunities for builders, buyers, and real estate agents alike. How Tech and Aerospace Are Already Impacting the Real Estate Market. The post Could the Race to Space Create New Housing Opportunities?

article thumbnail

The housing market recession continues, despite starts data

Housing Wire

The June housing starts data beat estimates with positive revisions, however, this doesn’t change the housing market recession call that I made last month. The housing permit data doesn’t look terrible. This is a plus for rental supply, however, single-family construction is about to cool down in response to higher rates.