Housing Wire

JULY 18, 2023

This is the index’s highest reading since June 2022. The NAHB/HMI report is based on a monthly survey of NAHB members, in which homebuilders are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes.

Inventory 352

Inventory Construction Buyers Housing Market 352

Housing Wire

JULY 26, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). It’s a unique housing market, unparalleled in recent years, for the active inventory to be so heavily skewed towards new construction. compared to June 2022. In June, the sales pace of new homes fell 2.5% from a month prior, but down 3.6% year over year.

Housing Market 356

Housing Market Marketing Construction Inventory 356

Housing Wire

MAY 2, 2024

Potempa had a joint venture with OneTrust from March 2022 to March 2024. But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. Potempa mainly focuses on the government lending space, which represents 60% of his total volume, he said.

Loan Officers 398

Loan Officers Mortgage Retail Lending 398

Housing Wire

OCTOBER 24, 2023

” A spokesperson for loanDepot wrote to HousingWire that the company has a tradition of attracting and developing ‘top-notch talent.’ In terms of products, Gade said he will have the opportunity to access VA construction loans at UMortgage. million in mortgages in 2022, with a total of $135.7

Loan Officers 414

Loan Officers Brokerage Retail Construction 414

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Housing Market 399

Housing Market Mortgage Marketing Inventory 399

Housing Wire

FEBRUARY 8, 2022

This development did not occur overnight: Over the past 20 years, we have “underbuilt” housing by at least 5.5 Supply-side” solutions that focus on new construction and the preservation of the existing housing stock are equally important. At the beginning of 2022, active home sale listings fell below 500,000 for the first time.

Construction 370

Construction Investing Development Landlords 370

Housing Wire

AUGUST 3, 2023

Some economists say that this development contributed to drive up the 10-year treasury yield to its highest level since November 2022. Construction spending advanced in June, a sign that companies and the government continue investing in real estate and infrastructure projects. The following day, the U.S.

Mortgage 347

Mortgage Inventory Government Buyers 347

Appraisal Buzz

MAY 2, 2022

Construction Sites Will Stay on Schedule. construction sites. About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction. You can pay attention to many indicators, but the recent infrastructure bill will reveal the most crucial information.

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

Real Estate 310

Real Estate Brokerage Buyers Property Management 310

The Robert Weiler Company

SEPTEMBER 9, 2022

With a land contract, the seller provides the land buyer with the loan, instead of an institution. The loan is structured for the buyer to pay a down payment and repay the seller in installments. You must perform land buyer’s due diligence. Floor Space Index or FSI (Amount of Construction Allowed on the Land).

Real Estate 78

Real Estate Buyers Contracts Development 78

Housing Wire

JANUARY 13, 2023

High interest rates and inflation are projected to shrink overall mortgage originations in 2023 — including in the investment-property space— compared with 2022, a year in which the bleeding had already begun. trillion — down by 15% compared with 2022. Mortgage production in 2022 nationally was down about 50% from $4.44

Marketing 412

Marketing Investing Investors Landlords 412

Housing Wire

MARCH 1, 2022

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ This brings me to a trend in the 2022 Tech100 nominations that was more prominent than any year I can remember — an emphasis on technology enabling headcount efficiency and cost reduction.

Real Estate 351

Real Estate Brokerage Real Estate Agent Technology 351

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” You can see that’s a really big impact for that first-time buyer, giving them the ability to kind of ease into that payment.” in November, down from a 9.2%

Marketing 404

Marketing Government Mortgage Sellers 404

Housing Wire

JULY 6, 2023

Meanwhile, mortgage interest rates have hovered in the 6% to 7% range over the past six months, up more than 3 percentage points since early 2022, yet home prices have increased for several months in a row, Freddie Mac ’s chief economist, Sam Khater, points out in a recent commentary. million more housing units to meet existing demand.

Inventory 456

Inventory Renovations Real Estate Government 456

Appraisal Buzz

FEBRUARY 14, 2022

I welcome your constructive and thoughtful comments. This is clear when looking at development on Broadway, but it’s also apparent on this graph. Comps in 2004 vs 2022: In terms of real estate, when it comes to comp selection, we might have pulled comps differently in 2004 compared with 2022 because the market is different now.

Appraisal 195

Appraisal Buyers Real Estate Legal 195

The Robert Weiler Company

JANUARY 27, 2023

Because it’s where fictional game developers James Halliday and Ogden Morrow of Gregarious Games launch the OASIS, a fully interactive immersive VR gaming environment where a growing percentage of the human population goes to escape. But these broad strokes barely scratch the surface of Columbus’ full potential.

Real Estate 148

Real Estate Supply Chain Construction Development 148

Housing Wire

NOVEMBER 29, 2023

Census Bureau and the Department of Housing and Urban Development. Cutting prices is one of several mechanisms homebuilders have employed to keep buyers interested since rates began skyrocketing. The rate of homes under construction has roughly plateaued since April 2022. The figure – up 17.7%

Construction 395

Construction Finance Inventory Development 395

D Fritz Appraisals

JUNE 28, 2022

The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Between 2021 and 2022, house prices in the Victoria, BC region rose by an average of 20%. in 2022 compared to 2021, putting homeownership further out of reach for many.

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Housing Wire

FEBRUARY 13, 2024

Between July 1, 2022, and July 1, 2023, Alabama’s population grew by 34,000 people, according to estimates published by the U.S. Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list. You can find the city, the country.

Construction 385

Construction Supply Chain Inventory Agents 385

Housing Wire

SEPTEMBER 27, 2022

Powell: What I’m really saying is that we’ve had a time of a red-hot housing market, all over the country, where famously houses were selling to the first buyer at 10% above the ask, before even seeing the house … As you can see, Powell quickly outlines precisely what he doesn’t want to see: massive bidding wars for housing.

Housing Market 464

Housing Market Inventory Marketing Construction 464

Housing Wire

NOVEMBER 10, 2022

With mortgage rates hovering around 7% and home prices still at record highs, buyers across America are calling off the house hunt and finding multifamily apartments. . Some of his would-be buyers are renting apartments until mortgage rates markedly improve. Department of Housing and Urban Development. It could be a while.

Construction 435

Construction Supply Chain Buyers Development 435

Housing Wire

MARCH 16, 2022

The NAHB/HMI report is based on a monthly survey of NAHB members, in which respondents are asked to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes. The component tracking traffic of prospective buyers, however, rose two points to 67.

Buyers 388

Buyers Supply Chain Construction Inventory 388

McKissock

AUGUST 14, 2022

Do we have enough houses to meet buyer demand, or will seller listings continue to be snatched up before they hit the market? Here are some things to be aware of as you move into the last part of 2022 and a new year. Need for New Construction. Construction Workforce Concerns. Ripples from the Great Recession.

Inventory 68

Inventory Construction Real Estate Renovations 68

McKissock

JUNE 3, 2022

CE Course: Learn about the entire home construction process from the ground up. Enroll in our top-rated course, Residential Construction and the Appraiser. This type of house is typically custom-designed for an owner’s site, but could be found in a high-quality tract development. Some were constructed by the property owner (i.e.,

Construction 79

Construction Appraisal Design Real Estate 79

Birmingham Appraisal

MARCH 21, 2023

Over the past several years we had a big increase in demand due to buyers taking advantage of lower interest rates. Since the housing crash in 2008, there has been limited new construction of homes which has negatively impacted the amount of housing supply. When there are more buyers, but a limited supply, this can drive prices up.

Real Estate 83

Real Estate Appraisal Marketing Market Value 83

Lamacchia Realty

MARCH 7, 2023

He was named an Emerald Level Producer at the REALTORS® Association of Central Massachusetts (RACM) awards ceremony in April 2022. Additionally, Jason is also a member of Lamacchia’s 2021 and 2022 President’s Club. Jason was also named a Top Producer for 2021 and 2022. To say Kyle hit the ground running in an understatement.

Realtors 73

Realtors Realty Real Estate Clients 73

Housing Wire

MARCH 6, 2024

Should mortgage rates fall, demand for residential real estate would increase, encouraging buyers who had been waiting on the sideline to move forward with home purchases,” according to the Beige Book. Many buyers who were waiting for a reprieve in mortgage rates have started to return with the intention of refinancing later.

Mortgage 382

Mortgage Real Estate Inventory Construction 382

Housing Wire

JANUARY 26, 2023

Census Bureau and the Department of Housing and Urban Development (HUD). But while mortgage rates have been tumbling down, and while builders have been offering incentives to buyers, it wasn’t enough to prop up new residential sales across 2022. About 644,000 new residential homes were sold in 2022, a decline of 16.4%

Housing Market 393

Housing Market Buyers Construction Development 393

Appraisal Today

APRIL 5, 2024

A Black couple in Baltimore – Dr. Connolly and Dr. Mott, both university professors – filed suit in August 2022 alleging racial discrimination against loanDepot.com and the appraiser it engaged to appraise their home for a refinance. Significant developments have occurred in the case. Freddie introduced ACE+PDR* in July 2022.

Appraisal 77

Appraisal Contracts Business Construction 77

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We Both buyers and sellers are coming back to the market,” Fischer said. With existing inventory down, Schuler said new construction has taken on a larger role in his market.

Housing Market 421

Housing Market Marketing Inventory Construction 421

Housing Wire

FEBRUARY 29, 2024

In places like San Francisco ; New York ; Seattle ; San Antonio ; Rochester, New York; and Kansas City, permits dropped by more than 30% from 2022 to 2023. This has the potential to add even more economic pressure for prospective buyers looking for homes in these parts of the country, the analysis stated.

Inventory 414

Inventory Supply Chain Construction Buyers 414

Housing Wire

APRIL 27, 2022

The new home sales market doesn’t have a 28% cash-buyer profile as we saw in the last existing home sales report. So, while cash buyers as a percent of sales have been growing, this sector is driven by mortgage buyers primarily. Census Bureau and the Department of Housing and Urban Development. percent (±12.9

Construction 355

Construction Buyers Housing Market Inventory 355

Housing Wire

FEBRUARY 5, 2024

more than the figure of 641,000 in 2022, according to the U.S. Department of Housing and Urban Development. single-family homes for sale were new construction, similar to the percentage from a year earlier and good for the highest level of any fourth quarter on record. An estimated 668,000 new homes were sold in 2023, 4.2%

Construction 412

Construction Housing Market Buyers Sellers 412

Housing Wire

JANUARY 27, 2023

The builders don’t like to see supply of existing homes growing for fear that their buyers might cancel on them. The growth of supply means demand is getting weaker, which will require builders to give more incentives to buyers. 291,000 homes are still under construction: 5.7 An estimated 644,000 new homes were sold in 2022.

Mortgage 543

Mortgage Construction Buyers Inventory 543

Housing Wire

MAY 16, 2023

May’s reading also marks the first time since July 2022 that sentiment has reached the midpoint mark of 50. While this is fueling cautious optimism among builders, they continue to face ongoing challenges to meet a growing demand for new construction. That share from 2000-2019 was a 12.7%

Construction 418

Construction Inventory Buyers Housing Market 418

Housing Wire

DECEMBER 19, 2023

New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. above the November 2022 rate of 1,427,000. Single-family building activity drove November residential construction activity. But permits for future construction fell 2.5%

Construction 411

Construction Mortgage Development Buyers 411

Housing Wire

NOVEMBER 27, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). above the October 2022 estimate of 577,000. Builders have been struggling with the increased cost of borrowing, while many buyers were priced out of an unaffordable housing market. from $493,000 in October 2022. in the Northeast, 5.8%

Housing Market 386

Housing Market Construction Inventory Buyers 386