Housing Wire

OCTOBER 21, 2020

million annualized pace for new construction — the highest level since 2007. The economy, labor market, and housing market have all seen meaningful rebounds since the onset of the pandemic, but there is still profound uncertainty,” Fratantoni said.

Mortgage 410

Mortgage Inventory Housing Market Construction 410

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. High-quality homes sell in nearly every market. Worried about missing out on a boom?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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. Since the summer of 2020, I have genuinely believed the housing market could change once the 10-year yield broke over 1.94%. In response, they stalled construction for 30 months.

Construction 504

Construction Housing Market Inventory Marketing 504

Housing Wire

OCTOBER 19, 2023

for the first time since 2007, according to one index. Incoming data shows that the construction of new homes rebounded in September but as rates keep rising, home builders appear to be losing confidence. As a result, we expect construction to trend down in the short-term,” he said.

Mortgage 473

Mortgage Housing Market Inventory Construction 473

Housing Wire

MARCH 23, 2023

However, with active listings now near all-time lows, the builders’ new homes still have more value in the housing market than what we saw in previous decades. Back in 2007 — after existing home sales got as low as we have seen in the recent data as the chart below shows — total active listings were above 4 million.

Inventory 545

Inventory Housing Market Construction Marketing 545

Housing Wire

MAY 23, 2023

housing market. And with total active house listings in America near all-time lows, that is all we have for completed units for sale. Just like with the existing home sales market, all that is happening is that home sales stabilized from a low level. months, this is just an OK market for builders. When supply is 4.4-6.4

Inventory 520

Inventory Housing Market Construction Marketing 520

Housing Wire

FEBRUARY 16, 2023

They have less competition as they are working from low sales levels in today’s housing market. The truth is that if mortgage rates fell below 5.875% and kept going lower, everyone’s housing predictions would need to be revised this year because the builders can sell their homes with lower mortgage rates. months of supply.

Construction 522

Construction Housing Market Inventory Mortgage 522

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

Inventory 522

Inventory Housing Market Construction Marketing 522

Housing Wire

APRIL 23, 2024

Three of the biggest topics in housing right now are mortgage rate movements tied to Federal Reserve policymaking, the day-to-day moves in key housing data and forward-looking trends for the housing market. These help observers to monitor changes in the labor market similarly to the Fed, he explained.

Inventory 481

Inventory Housing Market Sellers Marketing 481

Empire Appraisal Group

JULY 6, 2022

Unlikely to Feel Impact from Slowing Market. markets, but Fla.’s s rising demand and lack of construction will probably offset a potential cooldown. With higher interest rates, that near-stagnant growth is something Johnson said could dramatically cool – if not topple – the housing market in some areas.

Marketing 78

Marketing Landlords Real Estate Tenants 78

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm.

Mortgage 384

Mortgage Construction Lending Real Estate 384

Housing Wire

NOVEMBER 18, 2020

Single-family housing starts gained for the sixth consecutive month in October on an annualized pace not seen since April 2007, a Census Bureau report released Wednesday revealed. Housing starts overall rose 4.9% The current housing market is characterized by robust demand, but not enough homes for sale,” Kushi said.

Construction 410

Construction Housing Market Marketing Mortgage 410

Housing Wire

JANUARY 27, 2023

What is happening with homebuilders and the new home sales sector as we head into the spring housing market ? 291,000 homes are still under construction: 5.7 The builders actually lucked out here because back in 2007, we had over 4 million active listings of existing home, which are usually cheaper than comparable new homes.

Mortgage 545

Mortgage Construction Buyers Inventory 545

Housing Wire

JUNE 27, 2023

But a bigger story here is that the builders’ biggest competition isn’t other builders — it’s the number of existing homes on the market. In 2007, we had more than 4 million total active listings, which was too much supply for the builders to compete effectively. months , this is just an OK market for builders.

Construction 508

Construction Inventory Marketing Buyers 508

Housing Wire

MARCH 12, 2024

The housing priorities outlined by the White House and President Joe Biden last week before and during the State of the Union address are crucial for alleviating a serious burden facing many Americans, and the plan emphasizes actions that can be taken to impact the current housing market.

Construction 430

Construction Housing Market Insurance Finance 430

Housing Wire

JULY 26, 2023

During the housing bubble crash years, active listings grew to more than 4 million in 2007 because most of the inventory in the U.S. comes from the existing home sales market. NAR active listings data (see chart below): 2007: 4 million active listings 2023: 1.08 months , this is just an OK market for builders.

Inventory 370

Inventory Construction Sellers Marketing 370

Housing Wire

NOVEMBER 17, 2022

For this reason, the number of housing units “under construction” is the largest ever recorded in history because they were taking so long to finish. Housing construction productivity has always been terrible compared to other sectors of our economy; I get that, as we still build homes with hammers and nails, not robots.

Contracts 545

Contracts Construction Supply Chain Marketing 545

Housing Wire

JUNE 2, 2022

housing market. And now we are facing a tumultuous year of mortgage market normalization. Interest rates are rising, affordability is a challenge, and geopolitical conflicts impact global supply markets. After all, the media would be remiss not to be apprehensive in the current market environment.

Housing Market 441

Housing Market Supply Chain Construction Clients 441

Housing Wire

AUGUST 18, 2021

Housing starts in the U.S. in July compared to the prior month, an indication that construction supply lines are still choked and near record-high home prices are shutting out scores of buyers. “There are now almost 690,000 single-family homes under construction – the largest number since 2007. million units. .

Supply Chain 491

Supply Chain Construction Inventory Buyers 491

Housing Wire

JUNE 16, 2021

Single-family housing starts in May were at a rate of 1.1 The total number of homes under construction increased 1.2% — the 12th consecutive monthly increase and its highest level since 2007. Permits for new construction by homebuilders dropped 3%, largely because lumber and building material costs kept prices high.

Real Estate Agent 473

Real Estate Agent Construction Real Estate Inventory 473

Housing Wire

DECEMBER 29, 2020

“These factors appear likely to remain in place in the near term, and an incrementally improving economy should encourage more buyers to enter the market.”. Larger homes have become more popular as more homeowners are working from home, becoming a main driver for construction. Housing starts rose 1.2% Census Bureau.

Buyers 543

Buyers Construction Realtors Inventory 543

DataMaster

JUNE 16, 2021

From 1993 to 2007, over one million homes were completed per year, ranging from just 1,039,400 to over 1,654,500. The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades!

Construction 174

Construction Law Landlords Development 174

Appraisal Today

SEPTEMBER 30, 2022

in 2007-2008, few appraisers used them. I used Hypothetical Assumptions for new construction, of course. =. acre property complete with the castle and carriage house is on a riverbank. Excerpts: Housing trends are changing by the week, and it’s time to start believing the Fed when they talk about resetting the housing market.

Appraisal 52

Appraisal Inspection Easement Contracts 52

Housing Wire

OCTOBER 20, 2020

Single-family housing starts in September were at an annual rate of 1.108 million, which is 8.5% above the revised August figure of 1.021 million, and a level not seen since 2007, Doug Duncan, chief economist at Fannie Mae , said. million annualized units, a level not seen since 2007. . “While starts were up 10.4%

Construction 491

Construction New Listings Housing Market Inventory 491

Eyes on Housing

OCTOBER 20, 2021

Despite the volatility surrounding the recent COVID-19 pandemic, the housing market has shown remarkable resilience, fueled by demographic tailwinds and a housing shortage due to a decade of underbuilding.

Marketing 199

Marketing Construction Housing Market 199

DataMaster

JUNE 16, 2021

From 1993 to 2007, over one million homes were completed per year, ranging from just 1,039,400 to over 1,654,500. The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades!

Construction 78

Construction Law Landlords Development 78

DataMaster

JUNE 16, 2021

From 1993 to 2007, over one million homes were completed per year, ranging from just 1,039,400 to over 1,654,500. The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades!

Construction 78

Construction Law Landlords Development 78

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. Our market cooled faster than any other in the nation, according to one report.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. That’s the most since 2007. One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” And many of the new projects are larger than in years past.

Construction 36

Construction Inventory Buyers Real Estate 36

Housing Wire

DECEMBER 17, 2020

Single-family housing starts continued their seven-month climb in November, coming in at the highest level since 2007, according to the Census Bureau. Housing starts rose 1.2% Single-family housing starts rose 0.4% How the mortgage industry is working together to make housing more affordable. million starts.

Construction 515

Construction Housing Market Inventory Marketing 515

Assurance Financial

NOVEMBER 9, 2021

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. What Is a Buyer’s Market?

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

JANUARY 11, 2023

A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’”. Here are some that were touted in this newsletter within the last year – and are still on the market today. CONDO NEWS.

Housing Market 36

Housing Market Architecture Contracts Buyers 36

Patch of Land

NOVEMBER 14, 2017

Investors Enjoy a Resurging Market. House flipping declined significantly after the financial crisis of 2007-2008. But thanks to low interest rates and increasing home prices in the current market, there is a resurgence in home flipping. remains stubbornly low nearly a decade after the housing collapse.

Real Estate 28

Real Estate Investors Renovations Construction 28

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. Washingtonians won this session,” said Dan Bertolet, Director of the Housing and Urbanism program for Sightline Institute, a Pacific Northwest regional think tank. This 5-bed, 4-bath , 6500 sq.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Appraisal Today

MAY 26, 2023

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. The housing market received positive data on new residential construction – which is seen as a key solution to the lack of housing inventory.”

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

JULY 11, 2023

The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. We are not alone in witnessing a welcome rise in available homes on the market. Builders are now officially bullish.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. “A million sq.

Architecture 36

Architecture Design Buyers Construction 36