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Are mortgage rates about to fall?

Housing Wire

This can be partly due to a higher percentage of cash buyers in the sales mix that purchase applicatoins won’t account for. Weekly housing inventory data Last week was another week that missed my inventory growth model with higher rates. Rates have fallen recently and inventory growth was higher last week than the previous week.

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New home sales are at risk with rising mortgage rates ?

Housing Wire

Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. It’s also driven more by mortgage buyers who tend to be older and make more money than the new-home buyers. First, total home sales should be 6.2

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Regulatory costs add nearly $94K to new home prices

Housing Wire

Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction. The study was filed out by 2,071 NAHB members and 57 developers, and nearly all of the builders — 98.9%, per the study — reported experiencing some type of regulatory cost during construction.

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5 Interesting Energy Corridor Real Estate Trends

Houston Properties

Property inventories are shrinking. Despite the surge of new construction homes in the area, the Energy Corridor inventory has become one of the tightest in Houston. – 2015: #9 Individual Agent, Keller Williams, United States. – 2015: #1 Individual Agent, Keller Williams, Texas.

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The housing market is 6.5 million units short: Realtor.com

Housing Wire

It is no secret that the housing market is suffering from an ongoing inventory drought. Existing housing inventory fell by 11,021 homes week over week for the week ending March 6, according to data from Altos Research. This resulted in the gap between single family home construction and household formation growing to 6.5

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. In this analysis, we also show you current data along with key lessons from both the 2015 oil price crash and the 2008 great recession. Buyers Beware? Remember: real estate is hyper-local! The data below covers the “average Houston home.”

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Guide To Piney Point Village Luxury Real Estate

Houston Properties

LUXURY HOUSING OPTIONS: Piney Point homes for sale can range from old country estates to new construction custom-built homes. The Piney Point real estate market can be challenging to navigate, especially with its low inventory. – 2015: #9 Individual Agent, Keller Williams, United States. lower risk for mistakes.