Housing Wire

JANUARY 4, 2021

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. Seller’s markets, on the other hand, are on the opposite side of the spectrum. A buyer’s market in 2021?

Housing Market 546

Housing Market Marketing Buyers Real Estate Agent 546

Housing Wire

JANUARY 7, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. from 2010 to 2020, Peoria’s population dropped 2.5%

Housing Market 371

Housing Market Marketing Real Estate Agent Agents 371

Housing Wire

MARCH 28, 2022

Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. HousingWire: How will rising rates affect new home construction? Housing construction will be impacted if the monthly supply for new homes breaks above 6.5

Housing Market 351

Housing Market Marketing Supply Chain Inventory 351

Housing Wire

NOVEMBER 2, 2020

With Halloween now in the rearview mirror, we still have one more spook to survive in 2020 – and no, I’m not talking about the upcoming election. I’m talking about housing market crash headlines. The housing data has been wild this year. Existing homes sales didn’t have either the worst or best print in 2020.

Housing Market 545

Housing Market Marketing Inventory Design 545

Housing Wire

FEBRUARY 28, 2024

It is a notoriously expensive housing market and maintains an estimated population of more than 260,000 people, according to data from the 2020 U.S. Like many localities across the country, Marin County leaders describe a housing crisis in their area that they hope to alleviate through the construction of more ADUs.

Construction 405

Construction Finance Mortgage Housing Market 405

Housing Wire

JULY 8, 2022

The construction sector, meanwhile, had only a slight gain, according to the U.S. recorded in February 2020. But employment showed little change over the month in other major industries, including construction, retail trade, financial activities, government and other services. Job growth in the U.S. in June 2021.

Construction 373

Construction Housing Market Retail Real Estate 373

Housing Wire

JULY 26, 2023

Because of historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market, major insurance carriers like State Farm and Allstate are no longer issuing new homeowner insurance policies in California. Will that translate into a negative impact on property values?

Insurance 367

Insurance Housing Market Marketing Supply Chain 367

Housing Wire

JUNE 23, 2021

With low housing inventory and rapid home-price growth, homeownership can seem less and less attainable for several groups of potential homebuyers. HousingWire sat down with Radian CEO Rick Thornberry to learn more about the state of the housing market and how Radian is helping further homeownership.

Housing Market 411

Housing Market Marketing Construction Insurance 411

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

Insurance 365

Insurance Housing Market Marketing Agents 365

Housing Wire

JANUARY 26, 2024

It was the largest monthly jump in pending home sales since 2020. The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. NAR’s Pending Home Sales Index (PHSI) increased to 77.3 in December, up from 71.6

Contracts 454

Contracts Housing Market Construction Inventory 454

Housing Wire

NOVEMBER 5, 2021

For the second month in a row the construction sector added jobs, rising by 44,000 jobs in October. Unfortunately for the residential housing sector, most of these jobs were in nonresidential specialty trade contractors (19,000), and in heavy and civil engineering construction (12,000). Residential building is up 5.4%

Construction 313

Construction Development Business Housing Market 313

Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 The demand is clear — the Boise housing market has just 0.3 Boise, Idaho was the No.

Marketing 532

Marketing Realty Realtors Housing Market 532

Housing Wire

MARCH 27, 2024

Pre-pandemic, Jacksonville’s housing market was propelled by strong tailwinds: affordability relative to the rest of the Sunshine State, Florida’s lack of income tax and the quality of life benefits of having a river and oceanfront, to name a few. Listings jumped at both the state and city levels in 2021 and 2022.

Brokerage 427

Brokerage Realty Real Estate Inventory 427

Housing Wire

JANUARY 5, 2024

Here are my three key points on the labor market recovery since I retired my COVID-19 recovery model on Dec. 9, 2020: 1. Employment continued growing in government, health care, social assistance, and construction, while transportation and warehousing lost jobs. Does this mean the labor market is breaking?

Marketing 485

Marketing Transportation Construction Government 485

Housing Wire

JANUARY 5, 2024

While this is below the job growth in 2021 and 2022, when the economy was rebounding from the sharp job losses in 2020, it is still a much higher pace of job growth than we had before the pandemic,” Bright MLS Chief Economist Lisa Sturtevant said in a statement. With December’s numbers in, a total of 2.7 million jobs were added to the U.S.

Transportation 430

Transportation Construction Government Investors 430

Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? Construction Sites Will Stay on Schedule. After months of paperwork and organizing teams, many experts believe the allocated funding will start positively affecting the real estate market. construction sites.

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

Housing Wire

JUNE 2, 2023

The construction sector also saw job gains in May, adding 25,000 positions, thanks to a large uptick in heavy and civil engineering construction, which added 10,700 jobs. Residential building construction added 2,400 jobs during the month. year-over-year increase, further complicating things for the Fed.

Construction 375

Construction Real Estate Housing Market Transportation 375

Housing Wire

APRIL 2, 2021

Sectors that were hit hardest by the pandemic led job growth last month, with jumps in leisure, hospitality, public and private education and construction – good signs for the housing industry. For housing, March gained 110,000 jobs in construction – a positive sign in an industry struggling with supply constraints.

Inventory 501

Inventory Construction Housing Market Business 501

Housing Wire

MARCH 10, 2023

Job growth continued in February, but at a slower pace, suggesting that the Federal Reserve interest rate hikes are having at least a mild impact on the labor market. However, the continued job market resilience could equate to even tighter monetary policy , spelling hard times ahead for the housing market. million. “In

Construction 340

Construction Real Estate Housing Market Retail 340

Appraisal Buzz

AUGUST 17, 2021

Fears about construction costs, supply shortages, and concern over fast rising home prices acted to deflate builder confidence this month. “While the demographics and interest for home buying remain solid, The post Builder Confidence Down Big; Record Rents; Mixed Messages on New Homes appeared first on Appraisal Buzz.

Construction 370

Construction Housing Market Appraisal Marketing 370

Housing Wire

JANUARY 6, 2022

The supply-demand imbalance fueling the housing market shows no signs of abating in 2022, even as homebuilders attempt to bridge the gap. An under-supplied market has strong implications for house prices, particularly during a time when prices seemingly set new records every month. Measuring the housing deficit.

Supply Chain 497

Supply Chain Housing Market Construction Inventory 497

Housing Wire

FEBRUARY 15, 2024

While “homeowner tenure” has fallen slightly since its 2020 peak, the length of time that homeowners are remaining in their properties doubled to 11.9 housing market for multiple reasons, Redfin said. were 65 and older as of 2020, up from 13% in 2010,” the report reads. years last year, up from 6.5

Property Taxes 461

Property Taxes Insurance Construction Inventory 461

Housing Wire

DECEMBER 3, 2021

Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. The U6 unemployment rate, which has been historically used by American bearish people to say the labor market isn’t great, is currently below what we saw in the best levels before the great financial crisis.

Marketing 461

Marketing Retail Transportation Construction 461

Housing Wire

JULY 7, 2023

The labor market is moderating gracefully, but conditions remain too hot for the Fed’s liking. Manufacturing activity remains quite weak, while consumer spending has held up somewhat better, and new home construction and sales have picked up. In the June jobs report, residential building construction employment is up 0.8%

Construction 360

Construction Renovations Government Inventory 360

Housing Wire

SEPTEMBER 2, 2022

Both metrics are now back above their February 2020 levels after returning to their pre-pandemic levels in July. Construction gained 16,000 jobs in August, with residential building gaining 2,300 jobs and residential specialty trade contractors gaining 8,600 jobs. Heavy and civil engineering construction, meanwhile, lost 2,000 jobs.

Real Estate 413

Real Estate Construction Retail Housing Market 413

Housing Wire

SEPTEMBER 14, 2020

Hidden somewhere in rural Kansas and nestled 15 stories below the ground, the listing consists of condos constructed in a repurposed Atlas missile silo. The post This missile silo-turned luxury bunker might be just what 2020 needs appeared first on HousingWire. This was just such a unique property.

Real Estate 437

Real Estate Agents Construction Finance 437

Housing Wire

DECEMBER 16, 2021

Let’s not forget the substantial fiscal and monetary policy that provided extraordinary levels of support for households, businesses, and markets here and abroad. The latest news regarding the Omicron variant has many cautious about whether the recovery that began in the second half of 2020 and blossomed in 2021 can continue.

Marketing 454

Marketing Mortgage Supply Chain Inventory 454

Housing Wire

APRIL 7, 2023

Since 2022 — as the labor market has been getting hotter with massive job gains and high job openings — the year-over-year wage growth data has been falling. Let this sink in; while the labor market was booming in 2022 and 2023, the fear of a wage spiral never materialized. recovery would happen in 2020, and I retired it on Dec.

Housing Market 515

Housing Market Marketing Mortgage Retail 515

Housing Wire

APRIL 5, 2024

Today’s jobs report beat estimates , but the internals show the labor market is softening, as the Federal Reserve wants. The 10-year yield has had a wild ride today, but now is an excellent time to look at my macro take on the labor market and explain what the Fed is looking for with the jobs data.

Marketing 471

Marketing Mortgage Construction Government 471

Housing Wire

MAY 16, 2024

assessed three separate elements of the HECM program’s effectiveness from 2000 to 2020 — including borrower impacts, financial impacts and policy impacts. The subsequent housing market crash sharply reduced that number to an average of about 50,000 originations per year from the late 2010s through 2020.

Development 355

Development Appraisal Property Appraisal Insurance 355

Housing Wire

APRIL 26, 2021

The effects of low housing inventory continue to cause significant ripples in the housing market, as a recent Redfin report shows home sale prices across the country have reached an average of $344,625 — an all-time high, and an 18% increase year over year. That’s also 16 days fewer than the same period in 2020.

Sellers 454

Sellers Housing Market Marketing Buyers 454

Housing Wire

MAY 27, 2021

Mortgage rates have been hovering around 3% for over a month now, as macro economic factors left the bond market hesitant over the global recovery. In fact, homeowners who refinanced their 30-year fixed-rate mortgage in 2020 saved more than $2,800 dollars annually. If new home sales don’t grow, housing construction will slow down.

Mortgage 462

Mortgage Inventory Housing Market Construction 462

Housing Wire

NOVEMBER 4, 2022

Employment in the construction industry changed little from September, adding 1,000 jobs in October, thanks to slight increases in residential and nonresidential building as well as heavy and civil engineering construction, along with a slight decrease in specialty trade contractors. Overall, residential building employment was up 7.7%

Construction 383

Construction Real Estate Housing Market Mortgage 383

DW Slater Company

JANUARY 28, 2021

Now that 2020 is in our rearview mirror, we can take a look back and review it. It was interesting how, when it first began, many were predicting declines in the housing market. As you can see in our charts and data, our markets seemed to pause from March to June and then in July they all began trending upward.

Construction 78

Construction Marketing Real Estate Housing Market 78

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023? Mortgage rates.

Housing Market 542

Housing Market Marketing Inventory New Listings 542

Housing Wire

JANUARY 26, 2021

According to the CoreLogic Buyer/Seller Market Indicator, which measures the ratio between sold price and list price, buyer competition reached a new peak nationally in October and November when the ratio climbed to 0.996 – the highest level since 2008, when the data series began. The 20-city composite showed a 9.1% in October.

Inventory 544

Inventory Housing Market Buyers Sellers 544

Housing Wire

MARCH 25, 2021

The broader economy showed signs of recovery last week, pushing the average mortgage rate for a 30-year fixed loan up eight basis points to 3.17%, according to Freddie Mac ’s Primary Mortgage Market Survey. Even a slight quarter turn in rates will cause many borrowers to wait out the market. That’s a full 5% drop.

Mortgage 543

Mortgage Construction Realtors Inventory 543