Housing Wire

NOVEMBER 10, 2022

Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! This of course led some people to believe that bond yields and mortgage rates would go much higher today.

Mortgage 536

Mortgage Supply Chain Housing Market Marketing 536

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. To view the complete research, click here.

Inventory 397

Inventory Marketing Mortgage Supply Chain 397

Housing Wire

FEBRUARY 9, 2023

Despite this, the NAHB is optimistic that the recent drop in mortgage rates over the past two months might signal that affordability conditions may have reached their low point for this cycle of the housing market. In addition, Q4 also saw average mortgage rates reach a series high of 6.80%.

Supply Chain 356

Supply Chain Housing Market Marketing Mortgage 356

Housing Wire

JANUARY 6, 2022

Homebuilders responded to the shortage of homes for sale, accelerating new home construction, even as they face severe supply-side challenges, including rising building material costs and supply-chain bottlenecks, a lack of affordable lots, and difficulty in finding skilled labor. You can’t buy what’s not for sale.

Supply Chain 500

Supply Chain Housing Market Construction Inventory 500

Housing Wire

APRIL 8, 2022

A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Of the six index components, a survey-high of 69% of respondents expect mortgage rates to continue their upward trend over the next 12 months. It’s a depressing combination. points to 73.2

Supply Chain 421

Supply Chain Housing Market Inventory Mortgage 421

Housing Wire

MAY 12, 2022

A homeowner is considered equity rich when they have at least 50% equity in their home, a feat more easily accomplished when skyrocketing home price appreciation widens the gap between what someone owes on their mortgage and the value of their house. The portion of mortgaged homes that were equity rich rose from 41.9% About 44.9%

Supply Chain 458

Supply Chain Housing Market Market Value Buyers 458

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. How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates?

Marketing 458

Marketing Mortgage Supply Chain Inventory 458

Eyes on Housing

JANUARY 20, 2022

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). Total existing home. Read More ›

Supply Chain 197

Supply Chain Realtors Inventory Buyers 197

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 “While the 6.7

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Housing Wire

JULY 13, 2022

Over the same time period, here is what happened to 30-year mortgage interest rates: 4% in 2019 3% in 2021 6% in 2022. Homebuilders were able to pass all rising costs on to homebuyers due to record low buyer borrowing costs. What is the impact of lumber relative to interest rates? Lumber never leads, it always follows.

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Supply Chain Buyers Construction Mortgage 395

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 million. “Our ”

Supply Chain 370

Supply Chain Construction Buyers Mortgage 370

Housing Wire

JUNE 30, 2021

Pending home sales reached its highest mark for the month of May since 2005, up 8% from the previous month of April as low inventory continues driving buyers to snatch up available real estate. “Buyers are still lining up a feverish pace,” Yun said. “Buyers are still lining up a feverish pace,” Yun said.

Supply Chain 421

Supply Chain Inventory Buyers Realtors 421

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

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 425

Housing Wire

DECEMBER 13, 2022

from a year ago, suggesting that supply-chain issues may be easing. 2023’s forward thinkers are investing in mortgage tech now. Mortgage rates have been declining after hitting its recent peak about a month ago at 7.16%. Excluding food and energy prices, the so-called core CPI rose 0.2% year-over-year.

Housing Market 397

Housing Market Marketing Supply Chain Inventory 397

Housing Wire

FEBRUARY 3, 2022

Thanks to a boom in the housing market and a historic refinance market, the past two years have been a favorable period for the mortgage market. In the process, a historic $9 trillion of mortgage loans were closed over two years. What are the implications for the mortgage market? 2022 Forecast series.

Housing Market 410

Housing Market Marketing Supply Chain Mortgage 410

Hank Miller Team

DECEMBER 17, 2021

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? Home buyers are teed up and ready to write…once something decent pops.

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

Housing Wire

MAY 10, 2022

The mortgage-servicing rights (MSR) market went on a tear at the start of 2022, and that hot streak has continued into the second quarter as interest rates on 30-year fixed mortgages continue to rise — now up 2 percentage points since the start of the year and still seemingly upward bound. billion to an eye-popping $12.94

Supply Chain 381

Supply Chain Sellers Mortgage Buyers 381

DW Slater Company

JUNE 16, 2022

Economic changes, policy changes, supply chain issues, social changes, and buying power can all impact real estate. The Fed just made the biggest rate hike since 1994 , we continue to have supply chain issues and inflation seems to be everywhere. Mortgage rates are already moving up and are projected to move higher.

Supply Chain 159

Supply Chain Real Estate Investors Appraisal 159

Housing Wire

FEBRUARY 18, 2021

Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman. However, the gauge charting traffic of prospective buyers rose four points to 72. The post Supply chain issues still stymieing homebuilders appeared first on HousingWire.

Supply Chain 431

Supply Chain Construction Housing Market Inventory 431

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. The two main drivers; low mortgage rates and historically low inventory.

Supply Chain 98

Supply Chain Inventory Housing Market Government 98

Housing Wire

MARCH 28, 2022

However, since I had the possibility of the 10-year yield getting to 2.42% and 4% plus mortgage rates, I accounted for that in the range. 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.

Housing Market 339

Housing Market Marketing Supply Chain Inventory 339

Housing Wire

DECEMBER 7, 2021

The Federal Reserve Bank of New York later this week plans to sell up to $90 million in agency mortgage-backed securities (MBS) now held in portfolio, a small sale, but still an interesting move in the current economic climate. . Nothing even close to that is happening now.”. billion — of which only $40 billion was new purchases.

Marketing 418

Marketing Supply Chain Finance Tools 418

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. Freddie Mac -- the federally-backed mortgage investor -- reports that mortgage rates dipped from 3.89

Supply Chain 36

Supply Chain Real Estate Marketing Sellers 36

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. Again, data from Redfin supports Do’s assertion.

Insurance 359

Insurance Housing Market Marketing Agents 359

Appraisal Buzz

APRIL 11, 2022

It’s increasingly difficult for home appraisers to predict what will happen next, between seller booms and fluctuating mortgage rates. 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.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

McKissock

JULY 17, 2022

The increase in housing demands has created numerous opportunities for homebuilders, but at the same time, the labor shortage and global supply chain shutdowns due to the pandemic has made these opportunities hard to come by. . First-time buyers will have a lot of questions and concerns before purchasing their dream homes.

Construction 68

Construction Real Estate Agent Supply Chain Real Estate 68

Eppraisal

MARCH 17, 2023

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. Mitigating factors, however, were that millennials were eager to buy first homes and mortgage rates were low.

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Supply Chain Home Value Inventory Construction 69

Eppraisal

DECEMBER 14, 2021

This fact will give hope to buyers for the long term but what about the more immediate future? Although home buyers will scowl at this forecast, they can at least be thankful that property value is climbing at a slower velocity than in the prior year. Moreover, the age of repeat buyers is also ascending to 56 years of age.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

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% after a 10.4% drop in January. . after a 10.4% drop in January.

Supply Chain 375

Supply Chain Housing Market Buyers Construction 375

Housing Wire

FEBRUARY 15, 2023

The NAHB/HMI report is based on a monthly survey of NAHB members, in which respondents 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. In January, the survey had 107 respondents.

Mortgage 400

Mortgage Supply Chain Housing Market Construction 400

Housing Wire

MARCH 18, 2021

For the third consecutive week, mortgage rates pushed past 3% – with the average mortgage rate for a 30-year fixed loan up four basis points last week to 3.09%, according to Freddie Mac ’s Primary Mortgage Market Survey. Khater expects a 3% rate to sustain market interest for many potential buyers.

Supply Chain 534

Supply Chain Mortgage Buyers Inventory 534

Housing Wire

NOVEMBER 16, 2021

Mortgage applications for new home purchases dipped by 15.2% year-to-year in October, according to a monthly builder survey published by the Mortgage Bankers Association this week. In September , the average mortgage loan size of new homes clocked in at $408,522, the survey found. Recent U.S. of loan applications.

Supply Chain 484

Supply Chain Mortgage Construction Buyers 484

Quicken Loans

DECEMBER 16, 2021

Mortgage rates dropped down to record lows that carried through much of 2021. So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. With a larger portion of the population working from their home, prospective buyers could move toward more suburban areas.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on the Mortgage Market One of the positive results of this global pandemic is the affect it has had on the U.S. mortgage market. This dropped 30-year mortgage rates to the floor – and we are happy to say that it stayed there. What does this mean for buyers? This is the lowest rate in 30 years.

Real Estate 78

Real Estate Marketing Supply Chain Logistics 78

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on the Mortgage Market. mortgage market. This dropped 30-year mortgage rates to the floor – and we are happy to say that it stayed there. This dropped 30-year mortgage rates to the floor – and we are happy to say that it stayed there. COVID-19 Impact on Buyers and Sellers.

Real Estate 78

Real Estate Marketing Supply Chain Logistics 78

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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Supply Chain Construction Inventory Finance 376