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Beware of gloom and doom housing market crash headlines

Housing Wire

I’m talking about housing market crash headlines. The housing data has been wild this year. These dramatic peaks and valleys in the data have fed the demons of greed and fear that infest the minds our extreme housing bulls and the fierce housing market bears – leading to equally wild speculations about the future of U.S.

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Labor market cools on strike activity

Housing Wire

million, falling somewhere between their March 2022 high (12 million) and their relative pre-pandemic November 2018 high (7.6 What to expect in the housing market ? In October, construction employment continued to trend up, adding 23,000 more jobs, aligning with the average monthly gain of 18,000 over the prior 12 months.

Marketing 337
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When will housing inventory recover?

Housing Wire

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. The housing market is heading toward an inflection point — a rebalancing that will mean the end of the record-high price appreciation we’ve seen over the past year.

Inventory 394
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Opinion: Reformed FHA program will offer lenders new business opportunities

Housing Wire

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. Much of this market dysfunction is also attributable to a lack of lenders.

Business 415
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The big short in housing supply isn’t going away

Housing Wire

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. Measuring the housing deficit. Since 2018, the housing supply deficit has been growing.

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Mortgage rates jump to 3.17% last week

Housing Wire

Many economists speculate rising rates will be the key to quelling construction woes, even if it does eventually take a slight toll on demand. Even a slight quarter turn in rates will cause many borrowers to wait out the market. That’s a full 5% drop. As they do, home builders can seize the opportunity to catch up.

Mortgage 541
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Homes in Boise, Idaho are “flying off the market”

Housing Wire

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. In 2018, Forbes ranked the city No. The demand is clear — the Boise housing market has just 0.3 New construction continues to take more and more of our market,” Dopp said.

Marketing 533