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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. At the same time that thousands of buyers are entering the market, remote work is settling in for good. Supply Prices May Begin to Drop. Demand for New Homes Will Stay High.

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Opinion: A merger to rewire the housing ecosystem

Housing Wire

Portals: These destinations become marketplaces that integrate the supply chain and allow consumers and their advisors to choose and close within minutes – not months. Audience assets will be valued based on transaction volumes and bundles of listings, lending, loan sales and servicing and trading content.

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Will the Infrastructure Bill Affect the Real Estate Market?

Appraisal Buzz

About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction. As energy efficiency becomes a more visible data point, it’s likely that this will become a marketing point for eco-conscious renters and buyers. construction sites.

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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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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? Our recent new home buyers have completion dates of 10-11 months out.

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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. Homesnap foresees the current housing shortage continuing in 2021 unless more sellers enter the housing market. Per the NAHB , January’s score of 83 was a four-month low.

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MSR offerings selling like hotcakes so far in Q2

Housing Wire

So yeah,” Toohig added, “I’m not surprised to see that sellers right now are trying to lay off MSR because it’s the highest value we’ve seen in years because of slower prepayment speeds.”. billion in agency MSRs were transferred between institutions, with nonbanks being both the leading purchasers and sellers.