2024 Construction Home Value Inventory 
Eppraisal
MARCH 17, 2023
From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. Prior to COVID, i.e. March of 2020, inventory was already falling. Until then, the home builders may have to hunker down.
Listing Spark
FEBRUARY 7, 2024
As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. The only problem, nobody wanted a 7.5%
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Appraisal Today
JUNE 10, 2022
Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. “Americans have seen home values rise at record rates over the past few years. recession to begin in 2023, which gathered more votes than 2022 (30%), 2024 (8%) or 2025 and beyond (17%).
Listing Spark
SEPTEMBER 25, 2023
Many have been caught off guard by the spike in rates and are cautiously waiting and hoping for home values to become more affordable. Financially secure homeowners are firmly anchored to their homes with interest rates at 3% or 4%, and they are unwilling to trade that security in an uncertain market for rates north of 7%.
Appraisal Today
MAY 19, 2023
And while the stone home’s price tag is the steepest in the state, “the cost to recreate this property today would be north of $30 million,” according to the listing. The home was essentially hand-built from scratch, and it took two years to construct,” says listing agent Damian Hall, of Blackstream International Real Estate.
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. But … home price growth will decelerate in the coming year, experts predict. Why home price growth will slow.
Will Springer Realtor
JANUARY 9, 2024
The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. BY THE NUMBERS >> Seattle metro leads the nation with construction cranes – 45 – according to a Q3 summary from the RLB Crane Index.
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