Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

APRIL 2, 2021

Sectors that were hit hardest by the pandemic led job growth last month, with jumps in leisure, hospitality, public and private education and construction – good signs for the housing industry. For housing, March gained 110,000 jobs in construction – a positive sign in an industry struggling with supply constraints.

Inventory 504

Inventory Construction Housing Market Business 504

Housing Wire

JUNE 10, 2022

Of course, the answer is about why this is not the same market — in any way — to post 2008. There are many reasons this isn’t like 2008: people are staying longer in their homes, aging in place and have more equity in their homes than 2008. HousingWire: What is the weirdest job you’ve ever had?

Sellers 384

Sellers Housing Market Inventory Buyers 384

Housing Wire

JANUARY 6, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. Measuring the housing deficit. Since 2018, the housing supply deficit has been growing.

Supply Chain 500

Supply Chain Housing Market Construction Inventory 500

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Realtors 432

Realtors Buyers Inventory Sellers 432

Housing Wire

JANUARY 26, 2021

According to the CoreLogic Buyer/Seller Market Indicator, which measures the ratio between sold price and list price, buyer competition reached a new peak nationally in October and November when the ratio climbed to 0.996 – the highest level since 2008, when the data series began.

Inventory 544

Inventory Housing Market Buyers Sellers 544

Housing Wire

APRIL 7, 2023

The monthly jobs report showed losses in construction, retail trade, and manufacturing, while the other sectors showed growth. For those who did not follow me during the COVID-19 recovery period, I had a few critical talking points about the labor market: The COVID-19 recovery model was written on April 7, 2020.

Housing Market 544

Housing Market Marketing Mortgage Retail 544

Housing Wire

NOVEMBER 5, 2021

Navigating the business climate during the early pandemic and the 2008 financial meltdown were incredibly stressful times filled with uncertainty. HousingWire: What do you think will be the big themes for the housing market in 2022? . HousingWire: W hat has been one of your biggest learning opportunities?

Real Estate 370

Real Estate Brokerage Construction Business 370

Housing Wire

JULY 7, 2022

Black Knight reported that May was the least affordable housing market in 16 years. Slow construction and restrictive zoning laws. One of the major causes of low inventory has been due to slowed construction. To view the complete research, click here. 2022 State of the Mortgage Industry: Affordability and Inventory.

Inventory 397

Inventory Marketing Mortgage Supply Chain 397

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Housing recession. That would be a positive for demand.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

APRIL 24, 2023

The relationship between diversity, economic growth, housing and GDP The housing market is large and varied. New construction, resales, refinances and home improvements account for approximately 16% of the U.S. When the housing market crashed in 2008, it almost took the entire global economy down with it.

Legal 384

Legal Housing Market Government Buyers 384

Housing Wire

JUNE 2, 2022

One top question he addresses is how the industry is reacting to this savagely unhealthy housing market. HW+ Member: What’s the number one question you are getting from the real estate agent community on the economy and housing market? The big difference now than, let’s say, what we saw from 2002-2008.

Training 432

Training Inventory Housing Market Real Estate Agent 432

Housing Wire

MAY 6, 2022

We haven’t seen that yet; the -12% YoY decline is a noticeable weakness, but nothing too dramatic yet like what we saw from 2005-to 2008. HousingWire: What is the biggest risk to your balance housing market take? Then the bond market will sniff this out and send bond yields lower, which means mortgage rates will fall.

Inventory 370

Inventory Housing Market Marketing Construction 370

Housing Wire

JUNE 2, 2023

Job gains occurred in professional and business services, government, health care, construction, transportation and warehousing, and social assistance. The fear of 1970s-style inflation was that wages could grow out of control in a tight labor market. as we are still slowly growing the housing completion data. percent, the U.S.

Marketing 450

Marketing Transportation Construction Government 450

Housing Wire

NOVEMBER 4, 2022

As you can see, the construction sector was barely positive; this is one area of the marketplace that should be losing jobs next year. The builders are now holding onto their labor due to the backlog of homes under construction. When that ends, they will join the ranks of others in the housing industry that are laying off people.

Marketing 504

Marketing Construction Mortgage Housing Market 504

Housing Wire

APRIL 1, 2022

As you can see below from the unemployment rate chart, the job recovery was much faster than after the great recession of 2008. . The internal jobs data always pointed to a strong recovery, and job openings have been trending higher since 2008. Just whistle, folks — that is a hot labor market.

Marketing 450

Marketing Construction Housing Market Retail 450

Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Now that we’re in 2024, the Federal Reserve ‘s rate hike cycle is over, so let’s look at what that means for housing demand and home prices. They will manage their supply slowly.

Housing Market 528

Housing Market Marketing New Listings Construction 528

Housing Wire

OCTOBER 11, 2021

housing market this year? If we stick to the facts, however, we can glean a few important take-homes as to what risks the housing market faces for 2021 and beyond. First and foremost, it is important to remember that more Americans are buying homes with mortgages in 2020 and 2021 than any single year from 2008-2019.

Housing Market 534

Housing Market Marketing Construction Investors 534

Housing Wire

SEPTEMBER 14, 2020

Hidden somewhere in rural Kansas and nestled 15 stories below the ground, the listing consists of condos constructed in a repurposed Atlas missile silo. The site’s developer, Larry Hall, purchased the silo in 2008, then remodeled it into the survival bunker it is now.

Real Estate 441

Real Estate Agents Construction Finance 441

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

APRIL 25, 2023

According to this theory, we have more homes under construction than any time in history. The truth is, it’s not 2008 all over again. I understand the lure of the housing 2008 story. In their haste, they miss the bigger picture of the housing market. 267,000 homes are under construction, still.

Inventory 485

Inventory Housing Market Construction Marketing 485

Housing Wire

AUGUST 18, 2020

The Census report on new construction showed a whopping 22.6% increase above the revised June estimate in housing starts in July. This means we can add housing starts to our growing collection of V-shaped recovery charts for the 2020 housing market. The years 2020-2024 have the best demographics for housing.

Housing Market 546

Housing Market Marketing Construction Inventory 546

Genworth MI Blog

MAY 28, 2020

Truth: A manufactured home is built in a factory and constructed to comply, at a minimum, with the Manufactured Home Construction and Safety Standards (HUD Code) enacted June 15, 1976. All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code. A Duty to Serve.

Construction 148

Construction Loan Officers Training Lending 148

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. Get a free home valuation for your house and trends in your neighborhood. Buyers Beware?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

JULY 19, 2022

The June housing starts data beat estimates with positive revisions, however, this doesn’t change the housing market recession call that I made last month. The housing permit data doesn’t look terrible. This is a plus for rental supply, however, single-family construction is about to cool down in response to higher rates.

Housing Market 522

Housing Market Marketing Construction Real Estate 522

D Fritz Appraisals

JUNE 28, 2022

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Pace of Real Estate Market Steady into Spring.

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Housing Wire

MARCH 17, 2022

Census Bureau released their construction report for February, showing a positive trend in housing construction data with a lovely print in housing permits at 1,859,000 and housing starts at 1,769,000. Of course, that’s until you look at the housing completion data, which hasn’t gone anywhere in years.

Construction 466

Construction Housing Market Inventory Buyers 466

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? In 2008, many people lost their homes when the housing bubble burst.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

DECEMBER 16, 2021

When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated. MBA forecasts that the unemployment rate will dip below 4% next year, ending the year at 3.5%. What if it doesn’t?).

Marketing 458

Marketing Mortgage Supply Chain Inventory 458

Housing Wire

SEPTEMBER 22, 2020

housing market and compare those to where we are today — in the middle of one of the most epic years in our country’s history, due to COVID-19. No doubt about it, the COVID crisis has taken some juice out of the 2020 housing market. The February housing data, pre-COVID, was juicy indeed.

Housing Market 543

Housing Market Marketing Construction Buyers 543

Housing Wire

FEBRUARY 24, 2023

months of the supply is active listings, 68K 5 months of the supply is still under construction, 280K 1.6 The majority of inventory comes from the existing home sales market and if you compare it to 2008, back then we didn’t even have 200,000 homes available for sale and currently we are at 68,000. When supply is 4.3

Inventory 485

Inventory Construction Housing Market Mortgage 485

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

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. We didn’t have the credit stress issue from 2010-2023 like we did from 2005 through 2008. months and below, this is an excellent market for builders.

Inventory 545

Inventory Housing Market Construction Marketing 545

Genworth MI Blog

MAY 28, 2020

Truth: A manufactured home is built in a factory and constructed to comply, at a minimum, with the Manufactured Home Construction and Safety Standards (HUD Code) enacted June 15, 1976. All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code. A Duty to Serve.

Construction 78

Construction Loan Officers Training Lending 78

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. There is one simple reason for this: it’s not 2008. Let me explain my logic with today’s housing starts report.

Construction 522

Construction Housing Market Inventory Mortgage 522

Empire Appraisal Group

MARCH 9, 2023

5 Reasons This Isn’t a Repeat of the 2008 Housing Crash Source: 5 Reasons This Isn’t a Repeat of the 2008 Housing Crash (nar.realtor) By: Melissa Dittmann Tracey NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago. million units annually.

Real Estate 78

Real Estate Inventory Housing Market Construction 78

Empire Appraisal Group

JANUARY 26, 2023

5 Reasons This Isn’t a Repeat of the 2008 Housing Crash NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago. Yun also noted the subprime loans that were prevalent during the 2008 housing bust are basically nonexistent today. Today, it’s 4.6

Real Estate 78

Real Estate Realtors Inventory Housing Market 78