Housing Wire

MAY 18, 2022

However, the sting of higher mortgage rates is hitting the single-family construction data, and the real story is that the housing completion data, which has been bad for a long time, is still terrible. We simply cannot finish homes in America promptly, and now that mortgage rates are over 5%, some buyers won’t be able to purchase a home.

Mortgage 473

Mortgage Construction Contracts Housing Market 473

Housing Wire

MARCH 23, 2021

to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. While some economists pointed to harsh weather as a likely deterrent of February home sales, others noted the plague of rising home prices, limited inventory and the uptick in mortgage rates.

Construction 530

Construction Buyers Development Contracts 530

Housing Wire

DECEMBER 7, 2020

The reasons for that are solid demographics and low mortgage rates , which will not change much in 2021. My housing economic mindset really starts from 1996 as mortgage rates are much lower now than in previous decades. Of course, today is a much different story; our demographics are much better, and mortgage rates are lower.

Inventory 545

Inventory Construction Government Housing Market 545

Housing Wire

FEBRUARY 23, 2021

Then, mortgage rates plummeted to historic-lows , opening the homebuying floodgates and propelling prices skyward. gain “marks the best performance of housing prices in a calendar year since 2013,” said Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones. December 2020’s 10.4%

Inventory 441

Inventory Finance Contracts Construction 441

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. Off and on the market since 2013. Chuck Norris eats 7% mortgage rates for breakfast. Mortgage applications decreased 3.7

Appraisal 52

Appraisal Inspection Easement Contracts 52

Housing Wire

AUGUST 23, 2022

Tuesday’s new home sales report missed expectations and had negative revisions, which isn’t surprising given this sector of our economy simply can’t handle higher mortgage rates. We had missed sales estimates in 2013, 2014 and 2015. It’s more complicated with mortgage rates near 6% than with mortgage rates near 4%.

Construction 370

Construction Housing Market Sellers Marketing 370

Lamacchia Realty

JANUARY 30, 2024

This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Maine Sales Decreased by 18.9%

Inventory 49

Inventory Sellers Buyers Contracts 49

Birmingham Appraisal

FEBRUARY 13, 2024

Understanding these metrics enables agents to adjust pricing strategies based on inventory levels and buyer demand, optimizing the chances of selling a property quickly and at the best possible price. Knowing this statistic helps us to understand buyer behavior in the real estate market. Of course, not all pending sales are the same.

Real Estate 60

Real Estate Buyers Inventory Appraisal 60

Appraisal Today

NOVEMBER 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. Will Jazz Icon Dave Brubeck’s Former Midcentury Treehouse in NorCal Sway a Buyer for $3M? Excerpts: 4 bedrooms, 4 baths, 2,652 square feet, 0.29

Appraisal 72

Appraisal Modernization Training Business 72

Appraisal Today

DECEMBER 23, 2022

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. NOTE: Please scroll down to read the other topics in this long blog post on mortgage rate forecast, Humor, adjustments, George Dell, unusual homes, mortgage origination stats, etc. ==. Last remodel: 2013.

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Appraisal Today

OCTOBER 14, 2022

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. NOTE: Please scroll down to read the other topics in this long blog post on Reviews and Revisions, AMC layoffs, real estate market, unusual homes, mortgage origination stats, etc. ==. 156-acre site.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. Interest rates on a 30-year mortgage have slipped since the start of the conflict, now averaging 3.76% in the U.S., My lender friends in Seattle are quoting mortgage rates of around 4% (plus or minus an-eighth of a point), depending on individual circumstances. “It’s

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

APRIL 11, 2022

Parking stalls in the Puget Sound region increased by 13% from 2013 to 2018, while the population increased by 9% and housing rose by only 6%, according to local data sources. Mortgage rates have risen by about 1.6 What does it mean to buyers? An $800,000 mortgage last year at 3% would require a monthly payment of about $3373.

Construction 36

Construction Development Inventory Buyers 36