Housing Wire

FEBRUARY 13, 2024

We are very bullish on Alabama and its long-term prospects,” Jeremy Walker, CEO of the Alabama Realtors Association , said. “We Inventory was the theme last year and it is shaping up to be the theme this year,” Ellison said. Inventory was the theme last year and it is shaping up to be the theme this year,” Ellison said. “We

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Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” The National Association of Realtors (NAR) reports that existing-home sales dropped 17.8% in 2022, the weakest showing since 2014.

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Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Like elsewhere in the country, Indiana has struggled with housing inventory. According to Altos Research, as of Feb. 23, 2024.

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Housing Wire

NOVEMBER 10, 2022

The number of renters who can even afford to buy a home at the national median list price of $425,000 compared to a year ago is down 15%, according to the National Association of Realtors. . Department of Housing and Urban Development. Those same interest rates pushing would-be homebuyers to the sidelines are also hurting developers.

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Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday. Residential construction costs started to moderate this period.

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The Robert Weiler Company

OCTOBER 9, 2021

They gain the rights of way for commercial and industrial purposes; this can include developing well sites, pipelines, coal mines, power lines, roadways, and much more. They include farms and ranches, undeveloped tracts, transition or early development stages, subdivision and lot wholesaling, and site location and assembling parcels.

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Housing Wire

DECEMBER 18, 2020

According to the latest Central Texas Housing Report from the Austin Board of Realtors , the median sales price in the city of Austin rose 10.1% There is currently only one month’s worth of housing inventory in Austin. in November, bringing the average home price up to $433,493. Additionally, residential sales increased by 28.8%

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Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.

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Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.

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Housing Wire

JUNE 16, 2021

The National Association of Realtors says the current state of the housing market is absolutely “dire,” the consequence of a housing shortage 30 years in the making. According to the lobbying group, construction of long-term housing fell 5.5 In fact, coming off the Great Recession, new home construction in the U.S.

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Housing Wire

MARCH 23, 2021

Census Bureau and the Department of Housing and Urban Development. While some economists pointed to harsh weather as a likely deterrent of February home sales, others noted the plague of rising home prices, limited inventory and the uptick in mortgage rates. However, continued demand by homebuyers did manage to push new home sales 8.2%

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Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Meanwhile, existing-home sales plummeted by 19% in June year over year after declining by 20% in May, according to the National Association of Realtors. Taken by Felix Mizioznikov. That shortage is estimated to range from 1.5

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Housing Wire

JUNE 21, 2021

But like the rest of the country, low housing inventory has hit the city hard. According to the Knoxville Area Association of Realtors , the number of houses for sale in 2020 was down 47.5% The KAAR also said housing inventory dropped for six straight months to start the new year. year-over-year.

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Housing Wire

MAY 3, 2023

.” The FOMC noted that it was still targeting a 2% inflation rate , and in doing so, will “take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments.”

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Houston Properties

JULY 19, 2022

LUXURY HOUSING OPTIONS: Piney Point homes for sale can range from old country estates to new construction custom-built homes. The Piney Point real estate market can be challenging to navigate, especially with its low inventory. The Best Houston Realtor to Sell Your Home. The Best Houston Realtor to Sell Your Home.

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Lamacchia Realty

MAY 6, 2021

City and town offices were ordered to shut down at the beginning of the pandemic causing delays for attorneys who need municipal certificates, mortgage companies were extremely backed up due to the low rates which caused a litany of refinancing applications, and extremely low inventory and high buyer demand flipped the market upside down.

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Houston Properties

JULY 18, 2022

Contact Paige Martin , a top-ranked Houston realtor and head of the Houston Properties Team for questions and advice about River Oaks homes for sale. She is the best Houston realtor and we hope others won't have to depend on luck to find her. If you need a realtor in Houston, call her quickly and get ready to be wowed!

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Appraisal Today

AUGUST 18, 2023

As you may have heard, a cyberattack has shut down Rapattoni, a property data provider, leaving realtors and appraisers in 12 states without access to MLS data. That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. Just over 8% of U.S. baths, 34,380 square feet, 2.65

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Housing Wire

DECEMBER 15, 2021

Housing inventory remains persistently low, home prices are at all-time highs and affordability is becoming out of reach for more people with every passing day. Bill Dallas: As construction and labor costs have climbed, so, too, have home prices. HousingWire: What are the current challenges when it comes to affordable housing?

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Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. So for now, the builders will take their time with the homes under construction and make sure they offer enough incentives to unload the new home supply they’re dealing with.

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Listing Spark

AUGUST 25, 2022

Even if you’re buying new construction, you should be using a home inspector. Not only does Clayton have a home inspection business, he also creates courses for buyers, sellers, and realtors around home inspections. “We’re 19:10 – Why it’s important to use a home inspector for new construction.

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The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. What Does Low Inventory Mean for Ohio Land for Sale? land market.

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Cleveland Appraisal Blog

MAY 13, 2021

Home prices and construction costs are surging so rapidly that it is difficult to find an affordable home, let alone one that will not require paying more than market value for. THE REALTOR’S VIEW. It may look like Realtors are just sitting by racking in the cash in this hot market. What about listing agents?

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Listing Spark

SEPTEMBER 25, 2023

Increasing Days on Market and Months Supply of Inventory Days on market and the months’ supply of inventory have witnessed a steady climb, indicating that homes on the market are taking longer to sell. The Rise of New Construction Homes New construction is stepping up to fill the void in the market.

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Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. Builders began construction on just under a million single-family homes in 2020. ” Forward-thinking developers will go beyond trails and lap pools, “which have become ordinary,” suggests the experts from Burns.

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Housing Wire

NOVEMBER 30, 2023

Program follows a blueprint developed by the OH Association of Realtors®. With a membership, you’ll have access to the required CE courses plus professional development tools to sharpen your skills and maximize your business, as well as additional downloads, videos, learning aids, articles, and checklists.

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Houston Properties

JULY 15, 2022

Development in the area is steadily rising. For questions, advice, Spring Valley Village Houston real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor the last four years. "Houston Property inventories are tight.

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Houston Properties

JULY 21, 2022

Spring Branch Houston is a neighborhood of mostly new construction single-family houses and townhomes. The Best Houston Realtor to Sell Your Home. New construction developments within Spring Branch serve as less expensive alternatives to homebuyers looking for homes near the Energy Corridor and Downtown Houston.

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Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. What Fannie Says About 3d Printed Homes in Announcement SEL-2023-08September 6, 20233D printed homes are an innovative building technique that brings efficiency and potential cost savings to new home construction.

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Houston Properties

JULY 21, 2022

With just over 130 home sites, Oak Estates homes are a mix of traditional one-story homes and plenty of new constructions. The Best Houston Realtor to Sell Your Home. Oak Estates was developed by S.N. Just over 86 acres large, Oak Estates’ real estate market displays a constant low inventory.

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Assurance Financial

NOVEMBER 9, 2021

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. In a market that favors buyers, sellers and their realtors have to put in a much greater effort to make their homes stand out through means of social media, open houses, and advertisements. Marketing Strategies.

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Annarbor Appraisal

APRIL 9, 2020

Ann Arbor is somewhat insulated from national market forces in that we are a university community, and the university brings with it a lot of stability due to student life, research and development, and the industries that tie in to the university. Houses in blue, condominium units in orange, new construction included.

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K.W. Appraisals

JANUARY 27, 2019

Following two consecutive months of increases, existing-home sales declined in the month of December, according to the NAR (National Association of Realtors). Although some experts may argue that the slowdown in sales is due to inventory, this explanation is questionable because housing supply increased from 4.1% in May to 4.3%

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Will Springer Realtor

MARCH 12, 2024

Months of inventory continue to be a burden on all buyers. months’ inventory, or 45 days before the existing supply would be exhausted if not replenished. Inventory is at 1.3 Because new home construction hasn’t kept up. Builders have confronted a litany of obstacles in their attempt to develop more homes.

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Will Springer Realtor

SEPTEMBER 12, 2023

We’re just trapped in this equilibrium of low inventory, house prices not coming down, high mortgage rates and current owners who have a strong incentive to just sort of stay where they are and wait this out.” Inventory was little changed from July to August. months’ inventory, down from 1.5 Condo inventory stayed at 1.8

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Housing Wire

APRIL 13, 2022

The Hispanic homeownership rate grew moderately to 48.4%, partly due to organized advocacy and the work of Latino Realtors and lenders. Housing costs, particularly at the bottom of the market, have skyrocketed with a limited supply of housing and a severe shortage of construction workers. Incentivizing developers is necessary.

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Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). homes shy of what’s needed today.

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