Housing Wire

MARCH 27, 2024

Those advantages, coupled with cheap land, made the city a favorite for homebuilders like DR Horton and Lennar that brought plenty of new inventory to market. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed. Listings jumped at both the state and city levels in 2021 and 2022.

Brokerage 417

Brokerage Realty Real Estate Inventory 417

Housing Wire

APRIL 2, 2021

Sectors that were hit hardest by the pandemic led job growth last month, with jumps in leisure, hospitality, public and private education and construction – good signs for the housing industry. For housing, March gained 110,000 jobs in construction – a positive sign in an industry struggling with supply constraints. Labor Department.

Inventory 501

Inventory Construction Housing Market Business 501

Housing Wire

APRIL 19, 2023

But the landscape is changing, and ADU buyers (and ADU builders and makers) are adapting to it. The sharper focus on cost is now boosting interest in modular factory-built ADUs, which tend to be less expensive and faster to build than custom onsite construction. But the pandemic is now over and interest rates are way up.

Buyers 354

Buyers Real Estate Construction Finance 354

Sacramento Appraisal Blog

JULY 25, 2022

We’ve seen a massive change with housing inventory. UPCOMING (PUBLIC) SPEAKING GIGS: 7/26/22 Navigating the Shift (sign up here (for real estate community)) 8/11/22 Realtist […]. But is it because sellers are rushing to list their homes? That’s not the culprit.

Buyers 393

Buyers Inventory Real Estate Sellers 393

Real Estate News

AUGUST 26, 2023

Limited inventory is changing the behavior of buyers and the price of new construction relative to existing homes, several experts told Real Estate News.

Construction 233

Construction Inventory Real Estate Buyers 233

Housing Wire

OCTOBER 21, 2021

As the COVID-19 pandemic has opened the possibilities of working remotely, more and more people are looking to buy a house in Vermont’s largest city, causing a huge swell in demand in an area that was already flush with prospective buyers. Buyers from across the country have set their sights on Burlington. “We

Buyers 370

Buyers Inventory Agents Realty 370

Housing Wire

DECEMBER 8, 2023

How do you articulate the value you bring when representing a homebuyer in a real estate transaction? You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Should they consider new construction?

Clients 413

Clients Real Estate Inspection Buyers 413

Housing Wire

MAY 21, 2024

It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in 2024. I’m still focusing on those markets with very low (retail) inventory. It’s very, very market dependent right now. in Q1 2023. in Q1 2023.

Marketing 425

Marketing Investors Real Estate Investing 425

Housing Wire

APRIL 14, 2023

The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market.

Realtors 424

Realtors Buyers Inventory Sellers 424

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. HW: What are the risk management challenges for REO assets? territories.

Business 373

Business Marketing Real Estate Legal 373

Housing Wire

SEPTEMBER 27, 2023

Fueling this increase is new construction, according to Divounguy, even though the 1.3% A steady flow of new homes have hit the market this spring and summer, as homebuilders worked diligently to remedy the housing inventory shortage. Over the past year, the value of the U.S. housing market has surged by more than $2.6

Housing Market 511

Housing Market Marketing Inventory Construction 511

Housing Wire

DECEMBER 20, 2023

Real estate agents and brokers , are you relying solely on that buyer drip you set up for your motivated and qualified clients? Today we’ll show you how to deploy 6 creative ways to get more from your searches so you can get those buyers in contract faster. Are your buyers being more proactive than you are?

Real Estate Agent 391

Real Estate Agent Buyers Real Estate Clients 391

Housing Wire

NOVEMBER 22, 2023

Consumers will reset their expectations, and as rates move lower, there will be both more buyers and more sellers in the market. If sellers are enticed into the market before first-time buyers get back in, we could see home prices dip early in 2024. However, the desire for homeownership is very strong.

Housing Market 481

Housing Market Marketing Inventory Sellers 481

Housing Wire

JANUARY 4, 2021

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. A buyer’s market in 2021? It’s not likely we’ll see a buyer’s housing market in 2021, at least according to experts.

Housing Market 546

Housing Market Marketing Buyers Real Estate Agent 546

Housing Wire

AUGUST 17, 2021

For better or worse, trends in the mortgage industry tend to mirror corresponding trends in the overall real estate market. Inventory issues. Emerging out of the pandemic, the first half of 2021 showed that there is a historically low housing inventory across multiple markets in the U.S. All about the rates.

Mortgage 509

Mortgage Inventory Real Estate Technology 509

Housing Wire

JUNE 2, 2023

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.

Construction 369

Construction Real Estate Housing Market Transportation 369

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. It’s a small amount but it’s nice to have products where you can get a real estate agent’s attention with a product that another lender doesn’t have. “It’s

Loan Officers 394

Loan Officers Mortgage Inventory Clients 394

Housing Wire

JULY 26, 2023

It’s a unique housing market, unparalleled in recent years, for the active inventory to be so heavily skewed towards new construction. As a result, it is forcing buyers to make trade-offs, in terms of both characteristics of the home as well as the home’s location.” At the current sales pace this inventory represents 7.4

Housing Market 355

Housing Market Marketing Construction Inventory 355

Housing Wire

NOVEMBER 30, 2023

Meanwhile, new home sales posted a better performance as homebuyers pivoted to new construction amid waning existing home supply. Existing-home sales and housing inventory will increase next year, and home prices will remain stable, said Lisa Sturtevant, the MLS’s chief economist. New home sales fell 5.6%

Housing Market 468

Housing Market Inventory Realtors Construction 468

Housing Wire

JULY 6, 2023

High rates combined with low inventory continue to price many potential homebuyers out of the market, added Khater. Real estate markets also speak to resilient conditions, as buyers have accepted mortgage rates in the new normal of 6% – 7% range and kept a steady pace of sales over the past few months. ”

Mortgage 382

Mortgage Construction Inventory Investors 382

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. from the beginning of this year, but they may have not peaked, putting pressure on affordability challenges for most prospective buyers as the Federal Reserve vows to tame inflation.

Mortgage 415

Mortgage Loan Officers Buyers Inventory 415

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. range currently!

Sellers 283

Sellers Clients Inventory Agents 283

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. Significantly reduced housing inventory. Pace of Real Estate Market Steady into Spring. Higher disposable household income .

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Housing Wire

DECEMBER 2, 2020

As 2020 comes to an end, realtor.com ’s economists believe that the housing inventory shortage won’t be as dire in 2021. Additional lockdowns and quarantines due to COVID-19 could put a dent in housing inventory and sales, potentially slowing down the market and putting increased pressure on buyers, the forecast said.

Housing Market 520

Housing Market Marketing Inventory Buyers 520

Housing Wire

JULY 18, 2023

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 350

Inventory Construction Buyers Housing Market 350

Housing Wire

OCTOBER 22, 2020

“I would attribute this jump to record-low interest rates and an abundance of buyers in the marketplace, including buyers of vacation homes given the greater flexibility to work from home.”. That surge in potential buyers, however, may be met with what Yun says is historically low inventory. million units, down 1.3%

Inventory 529

Inventory Buyers Realtors Housing Market 529

Housing Wire

MARCH 22, 2021

Interestingly, Redfin data showed waiving the inspection contingency and conducting a pre-inspection – meaning the buyer conducted an inspection before making an offer – had no significant impact on whether a prospective buyer wins a bidding war. The result: a bottleneck with scores of would-be buyers in a low-inventory market.

Inspection 545

Inspection Inventory Buyers Sellers 545

Housing Wire

APRIL 28, 2022

builder confidence, housing starts, homebuilder, builder, lumber, construction costs. Auld said the homebuilder started construction on 24,800 homes this quarter and homes and inventory “increased 30% from a year ago with only 600 unsold completed homes across the nation. per diluted share.” That’s up from $2.53

Supply Chain 365

Supply Chain Construction Inventory Marketing 365

Housing Wire

DECEMBER 13, 2023

As 2023 draws to a close, housing professionals hope for relief from the high mortgage rates, terrible inventory levels and slow sales that characterized the year. Home starts forecasts, meanwhile, don’t offer much certainty about the pace of construction next year.

Inventory 462

Inventory Construction Mortgage Buyers 462

Housing Wire

FEBRUARY 4, 2021

With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. More for Real Estate Enthusiasts. Will we have a buyer’s housing market in 2021? Need a real estate agent? There’s no doubt we’re in a seller’s housing market.

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

Housing Wire

AUGUST 3, 2023

Despite higher rates and lower purchase demand, home prices have increased due to very low unsold inventory.” Construction spending advanced in June, a sign that companies and the government continue investing in real estate and infrastructure projects. “The combination of upbeat economic data and the U.S.

Mortgage 345

Mortgage Inventory Government Buyers 345

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Need for New Construction. Construction Workforce Concerns.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices.

Mortgage 469

Mortgage Real Estate Agent Renovations Finance 469

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. Realtor.com®:

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

JUNE 29, 2023

“The lack of housing inventory continues to prevent housing demand from being fully realized.” Yun, however, is optimistic about the impact increased housing starts and homebuilder confidence will eventually have on housing inventory. “It Regionally, on a month-over-month basis, the Midwest (74.4), South (94.4), and West (58.4)

Contracts 342

Contracts Inventory Housing Market Realtors 342

Housing Wire

AUGUST 4, 2023

Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space. The ongoing shortage of housing inventory helped spur an increase in home building and home improvement activity, Kan said.

Marketing 312

Marketing Construction Renovations Home Improvement 312

Housing Wire

MAY 4, 2023

The purchase market is locked up with a lack of inventory thanks to elevated rates and homeowners already having secured low mortgage rates during the pandemic years. Due to limited options available on the market, buyers are increasingly turning to newly constructed homes, Xu added.

Mortgage 375

Mortgage Inventory Housing Market Buyers 375