Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic.

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Appraisal Appraisal Process Valuation Renovations 370

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. He said the housing market is now riding out an environment of “low inventory and high rates.” “I

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Investors Inventory Investing Real Estate 414

Patch of Land

NOVEMBER 14, 2017

percent of nationwide home sales were flips, and represented the highest amount since 2006 according to ATTOM Data Solutions. This brings the hope that the housing market is regaining speed again after stalling in recent months. A growing percentage of today’s renters believe that it’s cheaper to rent a house than to buy one.

Real Estate 28

Real Estate Investors Renovations Construction 28

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city.

Construction 36

Construction Inventory Property Taxes Development 36

Housing Wire

SEPTEMBER 4, 2020

The COVID-19 pandemic has caused lumber prices to skyrocket more than 160% since April after a spike in home renovation by cooped-up Americans, according to the National Association of Home Builders. Higher prices are adding about $16,000 to the cost of a new house, said Robert Dietz, NAHB’s chief economist. “As

Construction 544

Construction Renovations Agents Housing Market 544