2006 Construction Contracts Inventory 
Empire Appraisal Group
SEPTEMBER 8, 2022
Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch). The housing market is entering the ‘most significant contraction in activity since 2006,’ says Freddie Mac economist” (Fortune). “Homebuilder confidence suffers near-record plunge” (Newsweek).
Housing Wire
DECEMBER 7, 2020
months, builders will halt the rate of growth for new construction plans as they did in 2018 and again for a brief period this year. For now, though, the low inventory means housing starts have legs to move higher. months, the builders are ok with construction as long as new home sales grow. If supply goes over 6.5
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
JULY 25, 2022
Housing demand weakened noticeably as growing concerns about affordability contributed to non-seasonal declines in sales, resulting in a slight increase in inventory and more moderate price appreciation,” states the Federal Reserve’s most recently released Beige Book report — based on data and reports current as of mid-July.
Housing Wire
NOVEMBER 24, 2020
census divisions rose 7% in September from a year ago, the greatest year-over-year gain since 2014, and nearly 23% higher than its last peak in 2006. uptick reported in August, and represented the largest annual gain since May 2014 as record-low mortgage rates and a lack of inventory continued to put upward pressure on home prices.
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. ==. 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.”. June 10, 2022.
Appraisal Today
JUNE 10, 2022
Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. “Unlike in 2006, this market is underpinned by strong fundamentals and has been built on mortgages with sound credit, factors that won’t change in the near term.” Available to rent on Airbnb, of course.
Housing Wire
MAY 24, 2022
months and above, the builders will pull back on construction. My biggest thing is getting total inventory back to 2018-2019 levels, which can range from 1.52-1.93 However, this isn’t going to help much because the existing home sales market has a different inventory channel. When supply is 4.4 When supply is 6.5
Expert insights. Personalized for you.
78 
Let's personalize your content