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DataDigest: Construction costs easing for homebuilders

Housing Wire

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. That could set the backdrop for a slower pace of construction.

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What another strong jobs report means for the mortgage industry

Housing Wire

Job gains were most notable in the health care (+72,000), government (+71,000) and construction (+39,000) sectors. Meanwhile, mining, quarrying, oil and gas extraction, manufacturing, wholesale trade, transportation and warehousing, information, and financial activities posted fewer jobs in March. month over month to $34.69

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Could the Race to Space Create New Housing Opportunities?

McKissock

By 2024, SpaceX plans to transport passengers to Mars from its locations in Cameron County, Texas and Santa Barbara, California. The new construction tied to new housing markets could create great opportunities for new real estate agents looking to break into the industry representing buyers. What’s Next?

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How To Appraise Rural Properties

Appraisal Today

However, a closer examination reveals potential drawbacks, raising questions about its efficacy and impact on the housing market. If you are a paid subscriber and If you are a paid subscriber and did not get the March 2024 issue emailed on Friday March 1, 2024, please email info@appraisaltoday.com , and we will send it to you.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. shy of the need. But for how long?

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Will Springer Realtor - Untitled Article

Will Springer Realtor

years, according to recent data, when it was only about five years just before the housing market crash of 2007. The council is seeking feedback from residents before the mandatory deadline to finalize its comprehensive plan hits on June 30, 2024, with changes enacted at the end of next year.

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PREDICTIONS, PARKING, POLLUTED PIPES

Will Springer Realtor

To a happy 2024! = I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Prospective buyers this year have mostly watched the housing market pass from the sidelines. 19) at 10am PT. Our city came in at No.