Housing Wire

OCTOBER 19, 2023

Rates on the 30-year fixed-rate mortgage eclipsed 8% this week as the Treasury yield surpassed 4.9% for the first time since 2007, according to one index. Per Mortgage News Daily , mortgage rates touched 8.03% on Wednesday, up from 7.69% the previous week. Still, inventory remains a huge problem for the housing market.

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Mortgage Housing Market Inventory Construction 457

Housing Wire

JANUARY 27, 2023

What is happening with homebuilders and the new home sales sector as we head into the spring housing market ? On the other hand, mortgage rates have gone down more than 1% since Oct. This makes them much more efficient sellers than existing homeowners, who need to find another house once they sell. months of supply.

Mortgage 531

Mortgage Construction Buyers Inventory 531

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. In addition, mortgage rates are at an all-time low. Worried about missing out on a boom?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA).

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Mortgage Construction Lending Real Estate 383

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.

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Construction Housing Market Inventory Marketing 501

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.

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Inventory Housing Market Construction Marketing 530

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. Last year, sale levels were meager and once mortgage rates fell and the builders were buying down rates to get more homes sold, the data stabilized and moved higher slowly.

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Inventory Housing Market Construction Marketing 518

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.

Construction 470

Construction Housing Market Inventory Marketing 470

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.

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Marketing Landlords Real Estate Tenants 78

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.

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Inventory Housing Market Construction Marketing 493

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. In 2022, I brought up the premise that the Fed will not pivot until the labor market breaks,” he said. “So,

Inventory 405

Inventory Housing Market Sellers Marketing 405

Housing Wire

MAY 31, 2024

Large institutional investors typically emerged following a raft of defaults and foreclosures stemming from the 2007-08 financial crisis , putting inventory on the market from 2007-09. Additionally, technological advancements allowed companies to acquire and manage large portfolios of single-family homes more easily.”

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Investors Inventory Government Construction 326

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 481

Construction Inventory Marketing Buyers 481

Appraisal Buzz

JUNE 14, 2024

As homeowners and renters nationwide continue to struggle with high housing costs, on the for-sale side, millions of potential homebuyers have been priced out of the market by high home prices and interest rates, while the number of renters with cost burdens has hit an all-time high.

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Development Government Project Management Design 195

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.

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Construction Housing Market Marketing Mortgage 374

Housing Wire

JUNE 2, 2022

housing market. And now we are facing a tumultuous year of mortgage market normalization. So it’s true to say that turmoil and mortgage outlooks are strange bedfellows, but it’s true. Interest rates are rising, affordability is a challenge, and geopolitical conflicts impact global supply markets.

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Housing Market Supply Chain Construction Clients 437

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. For the builders, they have a new problem: they had homes under contract and then mortgage rates jumped in the biggest fashion ever recorded in history.

Contracts 535

Contracts Construction Supply Chain Marketing 535

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.

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Construction Housing Market Insurance Finance 335

Appraisal Today

SEPTEMBER 30, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Fannie and Competency, mortgage rates, extraordinary assumptions, vacant l and, unusual homes, mortgage origination stats, etc. in 2007-2008, few appraisers used them. I used Hypothetical Assumptions for new construction, of course. =.

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Appraisal Inspection Easement Contracts 52

Housing Wire

DECEMBER 29, 2020

How the mortgage industry is working together to make housing more affordable. The issue of housing affordability has no one solution, but with collaboration across the entire housing industry, together we can create more opportunity for more people to achieve sustainable, long-term homeownership. Census Bureau.

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Buyers Construction Realtors Inventory 543

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.

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Real Estate Agent Construction Real Estate Inventory 469

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. .

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Supply Chain Construction Inventory Buyers 487

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 476

Construction New Listings Housing Market Inventory 476

Will Springer Realtor

OCTOBER 11, 2022

At what point will mortgage interest rates peak? Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment.

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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.

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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 512

Construction Housing Market Inventory Marketing 512

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?

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Marketing Sellers Buyers Real Estate 36

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Varies widely around the country. == Mortgage applications decreased 4.6 billion tax fraud scheme.

Easement 52

Easement Contracts Appraisal Inspection 52

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.

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Housing Market Architecture Contracts Buyers 36

Will Springer Realtor

MAY 9, 2023

Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Information from the National Mortgage Database shows 83% of all mortgage holders enjoy an interest rate below 5% when today’s average rate is about 6.5%.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

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.

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.

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Architecture Design Buyers Construction 36

Will Springer Realtor

DECEMBER 8, 2021

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Economists forecast housing starts will rise a promising 5% in 2022. construction jobs in the U.S.,

Sellers 36

Sellers Marketing Supply Chain Construction 36

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? Case Study #2: Buying “Pretty” New Construction, Overlooking Limited Land & Freeway Proximity. Geo Market Area: Rice / Museum District. Quality of construction. Zip Code: 77006. Floor plan.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

JUNE 9, 2021

Adjustable-rate mortgages were cheap and easy to acquire, home prices were artificially inflated and supply plentiful. Then the housing bubble burst. Fast forward to today and markets here and across our nation are going through serious inflationary pressures. million for sale today. million single-family homes shy of demand.

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. Today, 37% of all buyers are Millennials and they comprise about 54% of all mortgage applications. Icon is on a mission to change the way we house the homeless and others.

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Real Estate Inventory Buyers Construction 36