Housing Wire

SEPTEMBER 22, 2022

Economists at Fannie Mae say the Federal Reserve ‘s fiscal policy is having its desired effect on the housing market – home price growth began to slow in the summer, and the GSE says the housing slowdown will continue through 2023. trillion in 2022. The mortgage market is projected to slip further to $2.17

Housing Market 434

Housing Market Supply Chain Marketing Inventory 434

Housing Wire

JULY 26, 2023

“New home sales continue to be an outsized share of the housing market ,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. The market for new homes is booming because the number of existing homes coming on the market has slowed to a two-decade low. compared to June 2022. year over year.

Housing Market 344

Housing Market Marketing Construction Inventory 344

Housing Wire

FEBRUARY 9, 2023

Housing affordability hit a record low in the fourth quarter of 2022, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released Thursday. The all-time high of $390,000 was set in the second quarter of 2022.

Supply Chain 358

Supply Chain Housing Market Marketing Mortgage 358

Housing Wire

JUNE 2, 2023

since March 2022. 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. The unemployment rate has remained between 3.4%

Construction 372

Construction Real Estate Housing Market Transportation 372

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). Consumers are happy with real estate service.

Real Estate 482

Real Estate Inventory Sellers Realtors 482

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. Todd Armstrong, A COMPASS AGENT IN SAN DIEGO Since early 2022 many insurers and reinsurers who back insurance policies have either left the state, scaled back operations or fallen into insolvency.

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Insurance Housing Market Marketing Agents 352

Housing Wire

DECEMBER 16, 2021

Nevertheless, while we view the trends described below as the most likely path for the economy and mortgage market in 2022, this news highlights the elevated level of uncertainty we’ve all been living with the past few years. A silver lining is that we are expecting both 2022 and 2023 to be record years for purchase originations.

Marketing 482

Marketing Mortgage Supply Chain Inventory 482

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. That number will undoubtedly climb in the coming years.

Insurance 356

Insurance Housing Market Marketing Supply Chain 356

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. Today, the average is 2.7

Realtors 451

Realtors Buyers Inventory Sellers 451

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.

Construction 313

Construction Real Estate Housing Market Retail 313

Housing Wire

MARCH 8, 2024

The national unemployment rate ticked up for the first time in four months to 3.9%, its highest level since January 2022, but still below the full employment rate of 4%. In February, employment continued to trend up in construction, adding 23,000 jobs month over month. Lower rates this spring could give housing market demand a boost.”

Transportation 459

Transportation Retail Housing Market Construction 459

DW Slater Company

JANUARY 30, 2023

What’s happening in the housing markets? Well, 2022 started out with a bang as prices soared like a rocket. Mortgage rates impact housing as they affect buying power. As we look at the housing market for 2022, a clear shift has occurred. Gone are the days of bidding wars and multiple offers.

Housing Market 122

Housing Market Marketing Real Estate Appraisal 122

D Fritz Appraisals

JUNE 28, 2022

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? 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. Victoria’s House Prices are Up Over 20% Year Over Year.

Real Estate 106

Real Estate Marketing Inventory Housing Market 106

Housing Wire

JANUARY 6, 2022

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. The supply-demand imbalance fueling the housing market shows no signs of abating in 2022, even as homebuilders attempt to bridge the gap.

Supply Chain 511

Supply Chain Housing Market Construction Inventory 511

Housing Wire

MARCH 22, 2023

The current bank crisis hit California-based Pacific Western Bank , a community bank owned by PacWest Bancorp that has a focus on real estate and commercial loans. billion in the fourth quarter of 2022. Wedgewood , a real estate investment firm that focuses on distressed properties, was the seller.

Real Estate 390

Real Estate Investors Investing Finance 390

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. In combination with low housing inventory and labor shortages, that drove up selling prices. real estate market is hot.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

AUGUST 4, 2023

Job gains came in lower than both the 278,000 monthly average for the first half of 2023 and the 399,000 average of 2022. since March 2022. Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space. In June, job openings eased back to 9.6

Marketing 295

Marketing Construction Renovations Home Improvement 295

Housing Wire

DECEMBER 2, 2022

Employment in the construction industry was up by 20,000 jobs from October, thanks to large gains in nonresidential building (up 8,200 jobs) and residential specialty trade contractors (up 6,500 jobs). How can brokers get ahead in a tight market? million in March 2022 to 10.3 Job openings declined from a peak of 11.9

Transportation 439

Transportation Real Estate Construction Retail 439

Housing Wire

APRIL 7, 2023

The housing market The construction sector lost 9,000 jobs in March, thanks to a significant decline in the specialty trade contractors segment of construction, which lost 13,900 jobs. In addition, residential construction gained 800 jobs, while non-residential construction eliminated 2,800 jobs during the month.

Marketing 381

Marketing Construction Housing Market Insurance 381

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

MARCH 28, 2024

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. Unlike site-built homes, which are always titled as real estate, over 40% of manufactured housing is titled as personal property (the same way a car is titled).

Business 445

Business Finance Buyers Lending 445

Housing Wire

MAY 30, 2023

below its June 2022 peak.” Low inventory , maintained by an extremely low level of new listings coming onto the market, has fueled demand amongst the few buyers who can afford to stay shopping. “As Relatedly, the Federal Housing Finance Agency (FHFA) recorded a 4.3% House prices were up 0.5% from February.

Mortgage 425

Mortgage Inventory Construction New Listings 425

Housing Wire

OCTOBER 26, 2023

Compared to 2022, NAR expects the sale of new homes to grow by 4.5% For those new construction units, the national median new home price is projected to drop by 5.9% This underscores the importance of increased inventory in helping to get the overall housing market moving,” Yun added. between 2022 and 2023, settling at 1.39

Inventory 403

Inventory Contracts Housing Market Realtors 403

Housing Wire

FEBRUARY 24, 2023

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. This marks the second consecutive month of increases and the strongest sales pace since March 2022. The uptick in the sales pace resulted in just 439,000 new homes remaining on the market at the end of the month, representing 7.9

Construction 459

Construction Contracts Buyers Development 459

Empire Appraisal Group

AUGUST 3, 2023

NEWS & MEDIA Bilanol/Getty Images Plus Source: [link] Study: Real Estate Hot in Hurricane Ian-Hit Areas By Kerry Smith Storms rarely have a long-term effect on the local real estate market. Hurricanes present unique housing market events. FORT MYERS, Fla. Bokhari says.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. housing market is suffering some cracks, but an outright collapse is nowhere in sight.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. 2022 marked a unique time for homebuilders. of builders who experienced an increase in their sales revenue in 2022. Quality Leads.

Marketing 477

Marketing Contracts Supply Chain Project Management 477

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. Want to learn more?

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

OCTOBER 14, 2021

In the past two years, prices have grown an additional 22%, which should come as no surprise, as more than half of homes sold this past July went for above list price and there appears to be no end in sight, as Goldman Sachs predicts that home prices will rise another 16% in 2022. housing market,” Tucker said in a statement.

Buyers 539

Buyers Housing Market Real Estate Agent Real Estate 539

Housing Wire

NOVEMBER 5, 2021

This week’s HW+ member spotlight features Rich DeNicola, chief operating officer at Realogy Expansion Brands , which includes Better Homes and Gardens Real Estate and ERA. Below, DeNicola answers questions about the housing industry: HousingWire: To start off, what is your current favorite HW+ article?

Real Estate 361

Real Estate Brokerage Construction Business 361

Housing Wire

JULY 18, 2023

For the seventh consecutive month, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report rose month-over-month , gaining one-point to a reading of 56, according to a report released Tuesday. This is the index’s highest reading since June 2022.

Inventory 338

Inventory Construction Buyers Housing Market 338

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). Instead, expect a bumpy road on the way to a more normal housing market in 2023.” After posting a 2.5% in 2024 to $474,000.

Housing Market 442

Housing Market Realtors Contracts Buyers 442

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. We do not see new construction returning in a meaningful way any time soon. “We do not see new construction returning in a meaningful way any time soon.

Mortgage 442

Mortgage Loan Officers Buyers Inventory 442

Housing Wire

AUGUST 10, 2023

The economy remains strong for the real estate sector According to George Ratiu, chief economist at Keeping Current Matters , real estate markets have benefited from more people gaining jobs and better paychecks this year.

Mortgage 370

Mortgage Real Estate Buyers Construction 370

Housing Wire

JULY 25, 2023

New home sales among the “50 Top-Selling Master-Planned Communities” increased by 7% in the first half of 2023 compared to the same period in 2022, according to a study by RCLCO Real Estate Consulting. It was the same exact number of sales as recorded at this time in 2022.

Development 297

Development Real Estate Construction Inventory 297

Housing Wire

JULY 27, 2023

Rising consumer confidence often leads to greater spending, which could drive more consumers into the housing market.” Higher borrowing costs will also spill over into real estate markets, keeping mortgage rates at the higher echelons of the 6% – 7% range we have experienced over the past 11 months.

Mortgage 325

Mortgage Property Taxes Housing Market Buyers 325

DW Slater Company

JANUARY 29, 2022

Ready or not 2022 is here! This year was extraordinary with home price appreciation double digits in all our North Texas markets. New construction has boomed in our area as the number of new home builds was up 77% in 2021 and this is not expected to slow down in 2022. May we all have a good 2022 ! !

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Real Estate Appraisal Market Value Construction 103