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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 403
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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. – 2016: #1 Individual Agent, Keller Williams, Texas. – 2016: #1 Individual Agent, Keller Williams, Houston. lower risk for mistakes.

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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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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? On the other hand, interest rates should rise, and since so much of real estate is financed, it would reduce the amount that buyers can afford to pay, thereby reducing demand for primarily financed properties. There’s No Free Lunch.

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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. – 2016: #1 Individual Agent, Keller Williams, Texas. collective time and experience of members.

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River Oaks Houston Homebuyers Guide

Houston Properties

Antique Pavilion — An upscale multi-dealer shop that houses an inventory of authentic antiques, fine accessories, and a vast assortment of collectibles. Some have since been replaced with new construction homes. – 2016: #1 Individual Agent, Keller Williams, Texas. – 2016: Texas’ Most Influential Realtors.

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OK to average adjusted comps on appraisals?

Appraisal Today

year over year in the third quarter to 48,667—the lowest level of any third quarter since 2016. The record comes as mortgage rates hover at elevated levels, hitting their highest level in 23 years last week and cutting deep into buyers’ budgets. Investor purchases of U.S. homes dropped 29.7% percent of total applications from 30.6