Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. However, the housing market changed once the 10-year yield broke over 1.94%.

Housing Market 393

Housing Market Inventory Construction Marketing 393

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. USPAP and the Contract. Excerpt: But USPAP and the contract have a very unique relationship. 8-minute podcast.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. Over the years, I have tried to emphasize that the housing market in the U.S. can’t have a credit sales boom like we saw from 2002-2005. This is 12.6

Construction 370

Construction Housing Market Sellers Marketing 370

Housing Wire

FEBRUARY 16, 2023

Looking at the latest NAHB/Wells Fargo homebuilder confidence data and builder stock prices, I can say the homebuilders got very lucky this time around in the middle of a housing recession. They have less competition as they are working from low sales levels in today’s housing market.

Construction 519

Construction Housing Market Inventory Mortgage 519

Appraisal Today

JUNE 3, 2022

Excerpts: The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now. Granted, the housing trend still feels elevated from normal, so it’s an error to call this market cold.

Appraisal 52

Appraisal Contracts Real Estate Marketing 52

Housing Wire

MAY 18, 2022

family housing starts in April were at a rate of 1,100,000; this is 7.3 As you can see below, the housing demand data from 2002 to 2005 was never apparent in any housing data lines from 2018 to 2022. When you don’t have a credit boom with exotic loan debt products, housing demand has limits. percent (±7.7

Mortgage 464

Mortgage Construction Contracts Housing Market 464

Housing Wire

MARCH 17, 2022

Of course, that’s until you look at the housing completion data, which hasn’t gone anywhere in years. Housing starts data, like new home sales data, can be wild month to month, so the trend is always more important than any one report and the revisions are critical. has the most prolific housing demographic patch in history.

Construction 457

Construction Housing Market Inventory Buyers 457

Appraisal Today

APRIL 12, 2024

40 acre lot, Built in 2005 “The village of Highlands is some of the most expensive real estate in the Carolinas,” Jackson (listing agent) says. “It Increasing the number of appraisers is essential to making the homebuying process faster for North Dakotans while also improving access to the housing market.” baths, 14,450 sq.ft.,

Appraisal 76

Appraisal Construction Contracts Architecture 76

Housing Wire

MARCH 16, 2023

Many single-family housing contracts would not have been started if mortgage rates at the day of signing were at 6%-7%. The decline in housing permits paused in this report, but the trend is still your friend here, as I don’t expect any kind of meaningful rebound in housing permits until the backlog of homes is sold.

Mortgage 510

Mortgage Construction Marketing Contracts 510

Lamacchia Realty

FEBRUARY 22, 2022

Below is a graph that illustrates home sales per year since 2005. Below is a graph that illustrates monthly home prices since 2005. Pending Home Sales (contracts accepted). Both sales and prices were up significantly over recent years- prices are the highest they’ve ever been. 2021 Sales by Month.

Inventory 51

Inventory Sellers Buyers Real Estate 51

Lamacchia Realty

APRIL 15, 2022

When Will the Housing Market Change? So if someone bought a house in early January of 2021 and put 20% down, they would have nearly 40% equity in the home by the end of December. Since early March, about 40% of the homes that are for sale are going under contract within a week. week supply of homes on the market.

Marketing 66

Marketing Sellers Buyers Inventory 66

Lamacchia Realty

JANUARY 27, 2023

in Massachusetts The 2022 Massachusetts Year in Review Housing Report breaks down average prices, sales, inventory, new active listings, and pending sales for 2022 compared to 2021 and illustrates what that means for the current market. Market adjustments, global pandemics, and anemic inventory are not for the faint of heart.

Inventory 63

Inventory Buyers Real Estate Sellers 63

Lamacchia Realty

DECEMBER 28, 2021

2021 is going down in history as a historical year for the housing market across America. For Massachusetts, I had predicted in my 2021 Predictions that it would be the biggest year for overall home sales since 2005 and even though the final numbers aren’t in yet, it looks like my prediction will be right on. 2021 Recap.

Sellers 74

Sellers Inventory Buyers Realtors 74

Will Springer Realtor

DECEMBER 14, 2021

A shortage of homes for sale sparked some of the fastest-moving deals in memory, particularly on the Eastside, where single-family homes “sat” on the market for a median 5.4 What will the 2022 Seattle/King County housing market offer? Even in the housing bubble of 2005, prices rose “only” 12% nationally.)

Real Estate 69

Real Estate Buyers Construction Sellers 69