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New Home Construction Expectations for 2022

Appraisal Buzz

Of course, the construction industry has been facing some pressing challenges, including hitches in global and national supply chains. This makes new home construction a continued challenge, even as demand exists to accelerate new housing. Importantly, labor mismatches have a big impact on construction labor.

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Will the Infrastructure Bill Affect the Real Estate Market?

Appraisal Buzz

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. Since part of the issue is related to supply chain issues and consumer demand, there is some hope here.

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Despite lack of supply, existing home sales rise 6.7%

Housing Wire

months of supply; a healthy market generally has between four and six months of supply. Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. . That translates to just 1.6

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Logan Mohtashami on why this is a savagely unhealthy housing market

Housing Wire

HousingWire: How will rising rates affect new home construction? Logan Mohtashami: Rising rates make housing less affordable, so for a first-time home buyer that doesn’t have the benefit of selling their home with that nested equity, it makes it harder for them. The monthly supply rose to 6.3 months on a 3-month average.

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Home Buyer Frustration Will Increase in 2022

Hank Miller Team

It's not a rosy outlook; expect home buyer frustration to increase in 2022. So what's in store for home buyers and sellers that have to make a move this spring? So what's in store for home buyers and sellers that have to make a move this spring? Is new construction the answer? So What’s a Buyer to Do?

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Opinion: Why we should implement a mortgage marketplace model

Housing Wire

Fifteen years ago, I launched a business on a mission to modernize and decrease friction in the real estate finance supply chain. Aggregation of supply and demand plus transaction enablement and fulfillment is at the heart of the marketplace model. Before that, I cut my teeth in bleeding-edge securities trading environments.

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Supply chain issues still stymieing homebuilders

Housing Wire

Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman. Still, builder headwinds persist, experts said, with many construction companies and homebuilders currently at capacity or dealing with the aforementioned high materials costs.