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3 mortgage industry trends that will define the rest of 2021

Housing Wire

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues.

Mortgage 506
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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. Builders began construction on just under a million single-family homes in 2020. and another 10% boost in 2022.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. The debt level, both current and anticipated in 2021, is worrisome. Worried about missing out on a boom?

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Afton Oaks Houston Neighborhood Maps

Houston Properties

The neighborhood features renovated vintage and recently constructed homes. Recent constructions have added luxurious two- and three-story homes with the Mediterranean, French, Spanish, and traditional architecture. Newly constructed homes typically go from $1M to $3M. 2021: Best Real Estate Teams in America, RealTrends.com.

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Southampton Houston Neighborhood Maps

Houston Properties

Established on April 15, 1923, the restrictions state: No apartment houses or duplexes in Southampton. Minimum construction costs on Rice Boulevard: $12,000 to $15,000. Minimum construction costs on Sunset Boulevard: $8,000 to $10,000. Minimum construction costs for the rest of the area: $5,000 to $7,000.

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Camp Logan Houston Neighborhood Maps

Houston Properties

Camp Logan is a beautiful neighborhood filled with mostly newer construction single-family homes and townhomes. Most homes in the neighborhood are new construction single-family homes, townhomes, and newly renovated properties. 2021: Best Real Estate Teams in America, RealTrends.com. 2021: America’s Top 100 Real Estate Agents.

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Spring Branch Houston Real Estate Trends

Houston Properties

Spring Branch Houston is a neighborhood of mostly new construction single-family houses and townhomes. New construction developments within Spring Branch serve as less expensive alternatives to homebuyers looking for homes near the Energy Corridor and Downtown Houston. 2021: Best Real Estate Teams in America, RealTrends.com.