Housing Wire

APRIL 11, 2022

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?

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Housing Wire

MARCH 29, 2022

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?

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Housing Wire

JULY 22, 2021

million, according to the National Association of Realtors. You can thank a rise in housing inventory for the gains. million in June 2020 as housing inventory has slowly improved in recent months. Total housing inventory at the end of June amounted to 1.25 from May’s inventory and down 18.8% share in June 2019.

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Inventory Buyers Realtors Construction 508

Empire Appraisal Group

APRIL 22, 2021

Source: Housing Demand Likely to Stay High for Years to Come | Florida Realtors. Household formation rates had begun to turn a corner in 2018 and 2019 during the longest economic expansion in history, suggesting many will form households if they can overcome affordability and credit challenges. MECKLENBURG, Tenn. –

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Houston Properties

JULY 18, 2022

For questions, advice, Energy Corridor TX real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor the last four years. "The The Best Houston Realtor to Sell Your Home. Property inventories are shrinking.

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Empire Appraisal Group

JANUARY 11, 2023

But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Housing inventory is expected to remain tight in 2023, with housing starts below historical averages and fewer homeowners willing to sell, said NAR Chief Economist Lawrence Yun.

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Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.

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Housing Wire

JUNE 22, 2023

Existing home sales marginally increased in May , but were still down significantly from a year prior, according to the latest report from the National Association of Realtors (NAR). Total housing inventory recorded at the end of May was 1.08 Unsold inventory is at a 3.0-month Total existing home sales rose 0.2% million in May.

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Houston Properties

JULY 19, 2022

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. The Best Houston Realtor to Sell Your Home. The Best Houston Realtor to Sell Your Home.

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Housing Wire

JULY 20, 2021

” Mark Palim, deputy chief economist at Fannie Mae , said anecdotal reports of builders delaying or turning down orders to clear a growing construction backlog appears to be borne out by the recent housing starts data. With lumber prices recently pulling back, we expect some near-term strength in construction. million and 1.92

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Houston Properties

JANUARY 13, 2021

Top Ranked Realtors: Paige Martin & The Houston Properties Team. From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps.

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Housing Wire

AUGUST 12, 2020

A new quarterly report from the National Association of Realtors revealed that median single-family home prices rose year over year in 96% of its measured markets in the second quarter. Historically low inventory continues to reinforce and even increase prices in some areas.”. lower than total inventory at the end of Q2 2019.

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Inventory Buyers Realtors Construction 525

Houston Properties

JULY 18, 2022

Contact Paige Martin , a top-ranked Houston realtor and head of the Houston Properties Team for questions and advice about River Oaks homes for sale. She is the best Houston realtor and we hope others won't have to depend on luck to find her. If you need a realtor in Houston, call her quickly and get ready to be wowed!

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Boston Appraisal

JULY 6, 2020

Compared with May of 2019, existing home sales were down 26.6%. The chief economist for the National Association of Realtors (NAR), Lawrence Yun, predicts that “ Home sales will surely rise in the upcoming months with the economy reopening, and could even surpass one-year-ago figures in the second half of the year.”

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Boston Appraisal

JULY 6, 2020

Compared with May of 2019, existing home sales were down 26.6%. The chief economist for the National Association of Realtors (NAR), Lawrence Yun, predicts that “ Home sales will surely rise in the upcoming months with the economy reopening, and could even surpass one-year-ago figures in the second half of the year.”.

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Annarbor Appraisal

APRIL 1, 2019

The current monthly stats, run today, show most markets with limited inventory compared to the past 12-months sales, with only Dexter and Saline running over three months’ worth of inventory. Both of these markets have an abundance of new construction and that is considered to be partly to blame for the higher supply levels.

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Housing Wire

AUGUST 3, 2023

Meanwhile, existing-home sales plummeted by 19% in June year over year after declining by 20% in May, according to the National Association of Realtors. This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.”

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Appraisal Today

AUGUST 18, 2023

As you may have heard, a cyberattack has shut down Rapattoni, a property data provider, leaving realtors and appraisers in 12 states without access to MLS data. That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. Just over 8% of U.S. baths, 34,380 square feet, 2.65

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K.W. Appraisals

JANUARY 27, 2019

Following two consecutive months of increases, existing-home sales declined in the month of December, according to the NAR (National Association of Realtors). Although some experts may argue that the slowdown in sales is due to inventory, this explanation is questionable because housing supply increased from 4.1% in May to 4.3%

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Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. The share of entry-level homes in overall construction declined from 40% in the early 1980s to around 7% in 2019. “A years in 2010, and 6.4

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Houston Properties

JANUARY 12, 2022

This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Best Houston Realtors: Paige Martin & The Houston Properties Team. "A good and experienced Realtor should protect their clients from making bad mistakes, specially when putting emotions over data. Re-sale: 2019.

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Houston Properties

JULY 15, 2022

For questions, advice, Spring Valley Village Houston real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor the last four years. "Houston The Best Houston Realtor to Sell Your Home. Property inventories are tight.

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Real Estate Real Estate Agent Realtors Agents 36

Houston Properties

JULY 21, 2022

With just over 130 home sites, Oak Estates homes are a mix of traditional one-story homes and plenty of new constructions. The Best Houston Realtor to Sell Your Home. Just over 86 acres large, Oak Estates’ real estate market displays a constant low inventory. The Best Houston Realtor to Sell Your Home. Get PDF Now.

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Real Estate Agent Real Estate Realtors Agents 36

Listing Spark

SEPTEMBER 25, 2023

Increasing Days on Market and Months Supply of Inventory Days on market and the months’ supply of inventory have witnessed a steady climb, indicating that homes on the market are taking longer to sell. The Rise of New Construction Homes New construction is stepping up to fill the void in the market.

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Houston Properties

JULY 21, 2022

Spring Branch Houston is a neighborhood of mostly new construction single-family houses and townhomes. The Best Houston Realtor to Sell Your Home. New construction developments within Spring Branch serve as less expensive alternatives to homebuyers looking for homes near the Energy Corridor and Downtown Houston. Get PDF Now.

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Cornerstone

JANUARY 19, 2021

Lawrence Yun , National Association of REALTORS® (NAR) Chief Economist. Because home builder confidence has reached record highs , Dietz projects that single-family construction gains will continue — though a lower growth rate than 2019 is expected. Looking at the year ahead, can such a real estate boom continue?

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Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). Builders began construction on just under a million single-family homes in 2020. A drying up of listings sent inventory figures lower. in the last 12 months.

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Lamacchia Realty

DECEMBER 28, 2021

The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. In fact, our REALTORS had multiple properties that had over 30 offers! Even though the inventory of homes for sale at any given time all year stayed lower than ever, it did not decrease sales overall.

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Annarbor Appraisal

APRIL 9, 2020

In June 2019 I wrote a piece about Ann Arbor for Mobility Magazine. Houses in blue, condominium units in orange, new construction included. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. That said, we are not immune. Year to year trends.

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Buyers Property Taxes Sellers Realtors 78

Houston Properties

JULY 22, 2022

She’s the best realtor in Houston because she’s extremely knowledgeable and very candid. She is THE BEST Houston Realtor!” – Scott & Debi Gordon. The Best Houston Realtor to Sell Your Home. New constructions are not as frequent as in neighboring West U. The Best Houston Realtor to Sell Your Home. Get PDF Now.

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Will Springer Realtor

SEPTEMBER 12, 2023

We’re just trapped in this equilibrium of low inventory, house prices not coming down, high mortgage rates and current owners who have a strong incentive to just sort of stay where they are and wait this out.” Inventory was little changed from July to August. months’ inventory, down from 1.5 Condo inventory stayed at 1.8

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Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. BY THE NUMBERS >> Compensation received by a buyer broker affiliated with our local MLS fell an average of four-tenths of a percent each year between 2000 and 2019.

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Lamacchia Realty

JANUARY 24, 2022

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. That is part of the reason that we go back to 2019, so that we can get a better comparison. Homebuyers are also flocking to Sun Belt states like Florida and Texas for job security and company relocation or lower taxes.

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New Listings Inventory Buyers Realty 49

Will Springer Realtor

DECEMBER 13, 2022

That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. Contributing to improving the mood should be the anticipated 900,000 or so two-unit-plus housing under construction across our country that will start to come online in 2023. Figures are for resale homes only and not new construction.).

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Will Springer Realtor

APRIL 11, 2022

This year’s buying and selling campaign will be marked by increasing inventory (good!), The costs of buying the same home this year compared to just one year ago have risen by 40% from a combined impact of higher home prices and soaring mortgage rates, according to Lawrence Yun, chief economist for the National Association of Realtors® (NAR).

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Housing Wire

JANUARY 22, 2021

Existing home sales rose in December, and total home sales in 2020 reached the highest level in 13 years, according to the National Association of Realtors. from 2019 and the most since before the Great Recession, according to Lawrence Yun, NAR’s chief economist. from December of 2019 – as prices increased in every region.

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Quicken Loans

JUNE 10, 2021

According to the latest report from the National Association of REALTORS ® , existing home sales were down 2.7% Meanwhile, the number of new construction homes sold according to the Census Bureau and the Department of Housing and Urban Development was down 5.9% If you compare that to April 2019, the pace was only 673,000 sales.

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