Housing Wire
MAY 25, 2021
Phoenix saw a 20% year-over-year home price increase, followed by San Diego with a 19.1% Home price data is consistent with the hypothesis that COVID-19 has encouraged potential buyers to move from urban apartments to suburban homes,” Lazzara said. increase and Seattle with a 18.3%.
Housing Wire
JULY 25, 2023
With material and labor shortages, and supply chain issues it is taking a year-and-a-half to two years to complete a property. One of my recent new home buyers got their final quote on a property a 30-minute drive from the coast and it had gone up 40% from a year ago.
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Eppraisal
MARCH 25, 2022
From the Russian invasion of Ukraine to continued supply chain disruptions to increasing urban crime to inflation -- always inflation -- we are bombarded with challenging circumstances and pessimistic forecasts. So, the imbalance of buyers to sellers continues to worsen. Does Inflation Help or Hurt Home Value?
Eppraisal
MARCH 17, 2023
economy, home building prominent among them. 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. The last few years took a toll on many sectors of the U.S.
Eppraisal
DECEMBER 14, 2021
This fact will give hope to buyers for the long term but what about the more immediate future? Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae. Moreover, the age of repeat buyers is also ascending to 56 years of age.
Quicken Loans
DECEMBER 16, 2021
In addition, home values and sales skyrocketed. So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. But that only increased demand as stay-at-home orders reiterated the need for a home that was the right fit. Home Inventory Will Slowly Rise.
Housing Wire
MARCH 23, 2022
“This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 months supply. “One year ago, 31% of new home sales were priced below $300,000.
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