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Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what? months versus 6.3

Inventory 494
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Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what? months versus 6.3

Inventory 404
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The standoff between homebuyers and sellers

Housing Wire

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event. million today.

Sellers 498
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Originators gear up for the purchase market

Housing Wire

Lenders will have to “manage expenses and improve customer service in a purchase market,” Tom Wind, executive vice president of consumer lending with U.S. Yearly data compiled by the MBA found that in 2014 and 2018, years with weaker origination volume, the LO turnover rate was 44% and 37%, respective-ly.

Marketing 414
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AmeriHome plans to go public – Let’s look at the numbers

Housing Wire

Like other mortgage firms, California-based AmeriHome has captured a glut of business over the last year due to low interest rates and paltry inventory. AmeriHome produced about $27 billion in volume through its correspondent channel over the first half of the year – about 8% of the market, the company said in its S-1. market share.

Valuation 238
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Can 3-D printed homes help solve the housing crisis?

Housing Wire

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. The company’s mission is to deliver, “Affordable, mainstream market rate, and disaster relief” housing, a spokesperson said. They’re stressed on so many fronts right now.”.

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Appraising Airbnb Properties

Appraisal Today

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. The regal real estate was first listed in 2014 for $45 million. Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®.