Buyers Contracts Housing Market Supply Chain 
Housing Wire
FEBRUARY 18, 2022
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
Housing Wire
FEBRUARY 22, 2022
The Association of Professional Builders (APB) notes that building companies are losing thousands of dollars due to extortionate price hikes brought about by shortages and increasing demand in the construction industry, fueled by record-low interest rates and buyer ‘fear of missing out.’ Be cautious when signing fixed-price contracts.
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Housing Wire
JULY 25, 2022
Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. The market is going to go into correction,” he said. “I
Housing Wire
DECEMBER 5, 2022
I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. economy, especially the mortgage and housing sector.
Housing Wire
JUNE 23, 2021
above where they were a year ago, when COVID-related procedures froze the new home market in place. Related supply chain issues have resulted in a big jump in the price of a new home over the past year. A new home sale occurs when a sales contract is signed or a deposit is accepted. . 9% from April to 5.8
Housing Wire
OCTOBER 18, 2021
Homebuilder confidence continued to rise in October despite increasing affordability issues due to rising material prices and ongoing shortages, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report released on Monday. Treasuries and mortgage-backed debt.
Housing Wire
DECEMBER 20, 2022
After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. What are you expecting to see next year in terms of supply chain issues?
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