Housing Wire

JULY 26, 2022

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. We talked about this in March , and even last year, when I wrote about the problem with the housing construction boom premise. “I don’t expect a boom in housing construction.

Construction 498

Construction Housing Market Inventory Marketing 498

Housing Wire

JANUARY 19, 2022

Department of Housing and Urban Development and the U.S. Construction of single-family homes dropped 2.3% from November to 1.172 million units, the construction of multifamily units again posted a sizable increase of 13.7% 2021 was a strong year for construction.”. Census Bureau. to 524,000 units. increase from 2020.

Construction 410

Construction Housing Market Inventory Development 410

Housing Wire

MAY 24, 2022

Census Bureau and the Department of Housing and Urban Development. As you can see, sales levels were never elevated like what we saw from 2002-2005. This housing cycle is and will always be based on real demand, versus the credit boom we saw from 2002 to 2005. months and above, the builders will pull back on construction.

Housing Market 392

Housing Market Inventory Construction Marketing 392

Housing Wire

JUNE 24, 2022

Census Bureau and the Department of Housing and Urban Development. Census: For Sale Inventory and Months’ Supply The seasonally?adjusted Five months of the supply are homes in construction. That is a high level, and two months of the supply hasn’t started construction yet, and a whopping 0.68 This is 10.7 percent (±18.9

Inventory 447

Inventory Construction Marketing Mortgage 447

Housing Wire

MARCH 23, 2022

Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. Census Bureau and the Department of Housing and Urban Development. months and above, the builders will pull back on construction. The only risk to that 6.2

Mortgage 457

Mortgage Inventory Housing Market Construction 457

Housing Wire

FEBRUARY 24, 2022

It gives an idea of what to expect for housing construction. months and above, the builders will pull back on construction. This stands in contrast to the existing home sales market, where higher mortgage rates can create more inventory and cool down price growth. From Census: The seasonally?adjusted When supply is 4.4

Construction 389

Construction Housing Market Marketing Mortgage 389

Housing Wire

APRIL 27, 2022

Census Bureau and the Department of Housing and Urban Development. Even though multifamily construction has boosted housing starts recently, the slowdown in single-family purchases hasn’t been anything too dramatic yet. They were simply doing what the marketplace allowed them to do with low inventory and low mortgage rates.

Construction 342

Construction Buyers Housing Market Inventory 342

Housing Wire

DECEMBER 23, 2022

It didn’t help the builders that they had a global pandemic and we still have many new homes either in construction or that haven’t been started yet. months 290,000 new homes are still under construction, about 5.5 Census Bureau and the Department of Housing and Urban Development. Here is the breakdown of the 8.6 percent (±22.7

Construction 352

Construction Housing Market Mortgage Sellers 352

Housing Wire

NOVEMBER 23, 2022

Census Bureau and the Department of Housing and Urban Development. In 2005, when the housing bubble peaked in sales at around 1.4 From Census: For Sale Inventory and Months’ Supply The seasonally adjusted estimate of new houses for sale at the end of October was 470,000. percent (±20.8 percent (±19.6 When supply is 4.3

Construction 443

Construction Marketing Housing Market Mortgage 443

Annarbor Appraisal

APRIL 9, 2020

Ann Arbor is somewhat insulated from national market forces in that we are a university community, and the university brings with it a lot of stability due to student life, research and development, and the industries that tie in to the university. In it I included a year over year chart of all sales through the local MLS back to 2005.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Will Springer Realtor

DECEMBER 14, 2021

There are too many consumers searching for homes and clearly not enough inventory, however that still means costs around goods, services and housing are going to inflate. New construction across King is projected to decline a surprising 11% in dollar terms in 2022. Even in the housing bubble of 2005, prices rose “only” 12% nationally.)

Real Estate 69

Real Estate Buyers Construction Sellers 69

Appraisal Today

JUNE 17, 2022

It did not even though many lots nearby were developed. The way that we did that was through cantilevers and using structural engineers and steel to help us to construct the home that we absolutely wanted.”. My comments: An appraiser lost a lawsuit because he said the vacant parcel had public water access. Water access was critical.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52