Appraisal Buzz

JANUARY 17, 2022

The housing market boomed in 2021 like few could have expected. 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.

Construction 468

Construction Supply Chain Housing Market Technology 468

Housing Wire

JANUARY 6, 2022

The supply-demand imbalance fueling the housing market shows no signs of abating in 2022, even as homebuilders attempt to bridge the gap. An under-supplied market has strong implications for house prices, particularly during a time when prices seemingly set new records every month.

Supply Chain 500

Supply Chain Housing Market Construction Inventory 500

Housing Wire

MAY 12, 2022

“Homeowners continue to benefit from rising home prices,” Rick Sharga, executive vice president of market intelligence for ATTOM, said in a statement. Record levels of home equity provide financial security for millions of families, and minimize the chance of another housing market crash like the one we saw in 2008.

Supply Chain 458

Supply Chain Housing Market Market Value Buyers 458

Housing Wire

APRIL 8, 2022

A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Fannie Mae ‘s Home Purchase Sentiment Index, which tracks the housing market and consumer confidence to sell or buy a home, dropped by 2.1 points to 73.2

Supply Chain 421

Supply Chain Housing Market Inventory Mortgage 421

Housing Wire

APRIL 28, 2022

Horton , the nation’s largest homebuilder by gross revenue and total closings, this week released its second quarter earnings for the fiscal year, which executives deemed “outstanding,” despite ongoing supply chain challenges , “a very tight labor market ,” and the massive uptick in mortgage rates. Horton’s markets.

Supply Chain 370

Supply Chain Construction Inventory Marketing 370

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Inventory rising, historically low.

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Inventory Marketing Mortgage Supply Chain 397

Housing Wire

SEPTEMBER 6, 2023

The ICE — Black Knight merger creates the first end-to-end digital infrastructure that will reorder incentives and change how housing markets operate. GSEs: The concentration of lenders will lead to new systems that may reach deeper into the primary market.

Supply Chain 370

Supply Chain Real Estate Technology Mortgage 370

Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. The improving job market is all to the positive.

Marketing 458

Marketing Mortgage Supply Chain Inventory 458

Hank Miller Team

JANUARY 18, 2022

The curtain fell on 2021 and the housing market report for greater Atlanta can be succinctly summed up; crazy. In addition the last quarter being traditionally slow, the big influences on the market were inflation levels unseen in 40 yrs, supply chain shortages, labor issues and of course the rise and run of the omicron covid variant.

Housing Market 103

Housing Market Supply Chain Marketing Buyers 103

Housing Wire

MAY 25, 2021

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. This demand may represent buyers who accelerated purchases that would have happened anyway over the next several years. increase and Seattle with a 18.3%.

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Supply Chain Inventory Buyers Construction 410

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

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Housing Wire

JUNE 23, 2023

Some of the best performing stocks in America this year are from large, national homebuilders – strong consumer demand , limited competition from the existing home sales market , and an improving supply chain have boosted their outlooks. from April, and up 5.7% from May 2022, to 1.63 ”

Supply Chain 384

Supply Chain Construction Buyers Mortgage 384

Housing Wire

APRIL 7, 2022

Purchase mortgage rates have risen faster in the last three months than at any time since May 1994, climbing ever closer to the 5% mark due to a combination of rising inflation , the war in Ukraine, and disruptions to the supply chain. Normally, a period of rising mortgage rates cools housing prices. compared to March 2020.

Mortgage 384

Mortgage Supply Chain Inventory Investors 384

Housing Wire

AUGUST 17, 2023

According to those analysts, investors in the bond market are reacting to the government issuing debt and expecting the Federal Reserve to increase rates in September amid persistent inflation. Bond buyers are mindful of this.” He said factors like deficits and government bond supply did not cause the uptick in yields.

Mortgage 370

Mortgage Supply Chain Government Buyers 370

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. real estate market is hot.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

NOVEMBER 10, 2022

Some people in the markets had speculated that the data would come in even hotter than anticipated —some whisper numbers were for 8.2% – 8.4% If you’re trying to defeat inflation by killing demand and losing jobs, you don’t have the proper supply in the market. Over the last 12 months, the all-items index increased 7.7

Mortgage 536

Mortgage Supply Chain Housing Market Marketing 536

Housing Wire

JULY 13, 2022

Homebuilders were able to pass all rising costs on to homebuyers due to record low buyer borrowing costs. As borrowing power of the buyer decreases, home demand decreases, lumber demand decreases relative to supply, and lumber prices drop. Lumber never leads, it always follows.

Supply Chain 410

Supply Chain Buyers Construction Mortgage 410

DW Slater Company

JUNE 16, 2022

Well, the market in North Texas is still very hot. Not braking just easing off the pedal as there are some current issues that are impacting the markets. Economic changes, policy changes, supply chain issues, social changes, and buying power can all impact real estate. What’s Been Driving Our Markets?

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Supply Chain Real Estate Investors Appraisal 159

Housing Wire

OCTOBER 19, 2022

With interest rates now at 14-year highs, the cost of homeownership is becoming an issue for most prospective home buyers. HousingWire recently spoke with Mike Darne, vice president of marketing at CreditXpert, about how mortgage lenders can leverage credit to help make homeownership more affordable.

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Supply Chain Tools Mortgage Marketing 432

Housing Wire

FEBRUARY 18, 2021

Homebuilder confidence in single-family homes jumped one point to 84 in February from 83 in January , according to the National Association of Home Builders and Wells Fargo Housing Market Index. Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman.

Supply Chain 432

Supply Chain Construction Housing Market Inventory 432

Hank Miller Team

NOVEMBER 8, 2021

Trying to predict any market; stock, bond, mortgage, real estate or other type is a measured guess at best. Toss in a global pandemic, global supply chain issues along with global inflation and the challenge is exacerbated. Normal levels were short lived, derailed by the pandemic and supply chain issues.

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Supply Chain Inventory Housing Market Government 98

Appraisal Buzz

SEPTEMBER 12, 2022

However, some iBuying companies have seen their business growth falter or pause as the course of the pandemic — and the housing market — changed. What should appraisers know about the state of the iBuying market? A strong housing market is the key driver of iBuying’s success. of the national market share.

Supply Chain 195

Supply Chain Sellers Housing Market Appraisal 195

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.’ The current situation isn’t sustainable.

Construction 410

Construction Contracts Supply Chain Business 410

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. Freddie Mac projects that home-price growth will average 12.8%

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

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.

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Housing Market Marketing Supply Chain Mortgage 517

Will Springer Realtor

MARCH 8, 2022

This is in no way an effort to downplay the unfolding tragedy or appear tone deaf, but it is a fair question: Will residents in our region face economic challenges so severe that it will affect the real estate market? The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel.

Housing Market 28

Housing Market Marketing Supply Chain Real Estate 28

Eppraisal

DECEMBER 14, 2021

Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market. This fact will give hope to buyers for the long term but what about the more immediate future? Home Buyer Profiles The number of first-time home buyers is growing substantially , according to the National Association of Realtors.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Appraisal Buzz

APRIL 11, 2022

The housing market has been a roller coaster ride since COVID-19 began, and it hasn’t shown signs of stopping in 2022. Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Affordability remains an issue for younger buyers who haven’t yet saved enough money. 2021 to Jan.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Housing Wire

MARCH 16, 2022

For the first time since September 2021, homebuilder confidence in the market for newly built single-family homes has dropped below the 80-point mark, according to the National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI), which was released on Wednesday.

Buyers 397

Buyers Supply Chain Construction Inventory 397

DataMaster

FEBRUARY 25, 2021

That makes it important for real estate professionals to understand this group and the impact they had on the 2020 real estate market and the impact they will have on the 2021 market! The booming real estate market in 2020 solidified the rise of the Millennials. Want to see that info in chart form? Does Money Grow From Trees?

Inventory 174

Inventory Buyers Construction Supply Chain 174

Housing Wire

MARCH 23, 2022

“This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. months supply. Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. This is an increase of 3.3%

Supply Chain 384

Supply Chain Housing Market Buyers Construction 384

Housing Wire

DECEMBER 20, 2022

Traditionally, housing starts, permits, and completions would move together, like what we saw in 2002-2005. However, due to the supply chain lag, it took too long to build homes over the last several years. My rule of thumb for anticipating builder behavior is based on the three-month supply average. When supply is 4.3

Housing Market 421

Housing Market Marketing Construction Supply Chain 421

Housing Wire

JUNE 15, 2021

Homebuilder confidence fell to its lowest level since August 2020, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report. “Policymakers need to focus on supply-chain issues in order to allow the economic recovery to continue.”.

Supply Chain 450

Supply Chain Buyers Housing Market Construction 450

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. As a result, I think it has actually insulated some aspects of the market.

Supply Chain 384

Supply Chain Construction Inventory Finance 384

Housing Wire

FEBRUARY 15, 2023

Temperatures are slowly starting to rise in many parts of the country as we head into spring — and so is homebuilder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. Builders are continuing to offer a variety of incentives.

Mortgage 410

Mortgage Supply Chain Housing Market Construction 410

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. “Policymakers must take action to improve supply-chains in order to protect housing affordability.”

Supply Chain 450

Supply Chain Construction Buyers Development 450

Housing Wire

MARCH 15, 2023

Despite the volatile mortgage rate environment and overall economic uncertainty, homebuilder confidence slowly continues to rise, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. The existing home sales market is significantly bigger than new homes.)

Supply Chain 384

Supply Chain Inventory Loan Conditions Construction 384