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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.

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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. – 2016: #1 Individual Agent, Keller Williams, Texas. – 2016: #1 Individual Agent, Keller Williams, Houston.

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With home sales down, why are home prices still up?

Housing Wire

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. Back then, we had higher sales, higher inventory, and less price growth, but we had a massive credit bubble.

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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.

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Investor Financing Heats Up

Patch of Land

Baton Rouge is experiencing a ripple effect from catastrophic flooding that occurred there in August 2016. Blomquist notes that some real estate investors who were flipping homes have decided to move into new home construction. As these flooded homes went into foreclosure or were put up for sale, flippers came into the. Areas to Watch.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

We also believe these trends will create limited appreciation for inner loop neighborhoods known for small lots, choppy floor plans, with lots of construction from the 1990’s – 2010, especially zoned to not-top-ranked schools. The market will see an influx of price drops and hikes due to low inventory and high demand.