Housing Wire

FEBRUARY 13, 2024

Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list. Inventory was the theme last year and it is shaping up to be the theme this year,” Ellison said. New construction is backed up,” she said. As of Feb.

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Construction Supply Chain Inventory Agents 375

Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. “It percentage points of the loan amount,” Nunziata said.

Marketing 410

Marketing Government Mortgage Sellers 410

Housing Wire

FEBRUARY 29, 2024

Fewer homes under construction and falling permits mean dwindling options for future buyers, adding more pressure to a market already strained by tight supply,” Point2 said. The total number of homes under construction fell by 9% in 2023 while the number of permits dropped 11% year over year.

Inventory 407

Inventory Supply Chain Construction Buyers 407

D Fritz Appraisals

JUNE 28, 2022

Significantly reduced housing inventory. At the same time, inventory of available homes dropped significantly and BCREA Chief Economist Brendon Ogmundson is quoted as saying ‘While sales are not keeping pace with the unprecedented levels seen [in 2021], demand remains strong’. Higher disposable household income .

Real Estate 106

Real Estate Marketing Inventory Housing Market 106

Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said. Like elsewhere in the country, Indiana has struggled with housing inventory. Very few new construction homes are going up in our area,” Diamond said. 23, 2024.

Housing Market 417

Housing Market Marketing Inventory Construction 417

Housing Wire

APRIL 25, 2023

You know, the one that says we have too much inventory and millions of vacant homes in the U.S.? According to this theory, we have more homes under construction than any time in history. Census Bureau and the Department of Housing and Urban Development. months and above, the builders will pull back on construction.

Inventory 477

Inventory Housing Market Construction Marketing 477

Housing Wire

AUGUST 23, 2023

Builders are taking advantage of the housing market inventory issues , which is why new home sales are growing yearly, even with higher mortgage rates. I often use the term efficient home sellers to describe the home builders in this low inventory environment. What do I mean by efficient home sellers ? Today, the U.S.

Mortgage 367

Mortgage Inventory Construction Sellers 367

Housing Wire

MARCH 23, 2022

Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. Census Bureau and the Department of Housing and Urban Development. months and above, the builders will pull back on construction. The only risk to that 6.2

Mortgage 463

Mortgage Inventory Housing Market Construction 463

Housing Wire

MAY 23, 2023

Census Bureau and the Department of Housing and Urban Development. months and above, the builders will pull back on construction. From Census: For Sale Inventory and Months’ Supply: The seasonally adjusted estimate of new houses for sale at the end of April was 433,000. The Inventory for homes completed is at 70,000 = 1.23

Inventory 520

Inventory Housing Market Construction Marketing 520

Housing Wire

FEBRUARY 24, 2023

Census Bureau and the Department of Housing and Urban Development. I wouldn’t read too much into the fact that this new home sales report beat estimates, but I would say that in the future, if mortgage rates get back toward 6%, the homebuilders have creative ways to sell their homes that the existing home seller might not be inclined to do.

Inventory 447

Inventory Construction Housing Market Mortgage 447

Appraisal Today

APRIL 5, 2024

Significant developments have occurred in the case. The second development in the case is that on March 22, 2024, the attorneys for Drs. With shifts in existing and pending home sales, new home sales, construction activity, and economic indicators such as inflation and mortgage rates, appraisers are navigating a complex landscape.

Appraisal 76

Appraisal Contracts Business Construction 76

Housing Wire

SEPTEMBER 26, 2023

That’s right — for all the hype of massive housing inventory coming from the builders, today we sit here still trying to work back to pre-COVID-19 levels with just 76,000 completed homes ready to be moved. This is why I have called them efficient home sellers. Census Bureau and the Department of Housing and Urban Development.

Inventory 469

Inventory Construction Housing Market Marketing 469

Housing Wire

JUNE 27, 2023

They’re effective sellers and don’t want to create a backlog of completed units for sale because that would ruin their business model. Some people prefer something other than the current active existing inventory. Census Bureau and the Department of Housing and Urban Development. Now on to the report. This is 12.2

Construction 496

Construction Inventory Marketing Buyers 496

Housing Wire

JANUARY 27, 2023

This makes them much more efficient sellers than existing homeowners, who need to find another house once they sell. 291,000 homes are still under construction: 5.7 Census Bureau and the Department of Housing and Urban Development. The builders will pull back on construction when the supply is 6.5 months of supply.

Mortgage 539

Mortgage Construction Buyers Inventory 539

Housing Wire

DECEMBER 23, 2022

It didn’t help the builders that they had a global pandemic and we still have many new homes either in construction or that haven’t been started yet. months 290,000 new homes are still under construction, about 5.5 Census Bureau and the Department of Housing and Urban Development. Here is the breakdown of the 8.6 percent (±22.7

Construction 351

Construction Housing Market Mortgage Sellers 351

Housing Wire

JULY 27, 2023

million units last month , supply is mostly coming from multifamily rental construction. Permitting data suggests future multifamily supply is slowing and developers of such projects are highly sensitive to high interest rates. With affordability challenges to persist, demand for new housing construction will follow.

Construction 360

Construction Tenants Mortgage Finance 360

Housing Wire

JULY 26, 2023

We only have 72,000 new homes completed for sale in a country of 335 million people, and active inventory is near all-time lows. During the housing bubble crash years, active listings grew to more than 4 million in 2007 because most of the inventory in the U.S. Census Bureau and the Department of Housing and Urban Development.

Inventory 323

Inventory Construction Sellers Marketing 323

Housing Wire

NOVEMBER 27, 2023

One of the urban myths spouted by people needing more experience tracking housing data was that millions of homes would hit the marketplace in 2023 because the builders had so many homes under construction. Census Bureau and the Department of Housing and Urban Development. months , the builders will pause construction.

Construction 442

Construction Buyers Mortgage Inventory 442

Housing Wire

FEBRUARY 16, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.331 million units, down 14.8% Department of Housing and Urban Development (HUD). Housing inventory remained low in January and new homes still accounted for about 30% of all homes available for sale. Census Bureau and the U.S. on an annual basis.

New Listings 352

New Listings Construction Inventory Sellers 352

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.

Renovations 54

Renovations Buyers Home Improvement Realty 54

Listing Spark

AUGUST 25, 2022

They impact both buyers and sellers and are key in negotiations and identifying any problem areas in homes. Even if you’re buying new construction, you should be using a home inspector. For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. Episode overview.

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Inspection Real Estate Construction Sellers 36

Housing Wire

SEPTEMBER 28, 2022

Department of Housing and Urban Development (HUD) and the U.S. A rebalancing of the housing market is continuing to throw the new construction market for a loop,” Nicole Bachaud, Zillow’s senior economist, said in a statement. However, the faster sales pace was not good news for inventory. Census Bureau. months in July.

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Inventory Construction Housing Market Sellers 258

Housing Wire

JULY 25, 2022

Housing demand weakened noticeably as growing concerns about affordability contributed to non-seasonal declines in sales, resulting in a slight increase in inventory and more moderate price appreciation,” states the Federal Reserve’s most recently released Beige Book report — based on data and reports current as of mid-July.

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

Housing Wire

MAY 24, 2022

I know some people don’t agree with me on this, but the price gains in both the existing home and new home sales sector show that homebuilders and sellers had too much pricing power and needed to be checked. Census Bureau and the Department of Housing and Urban Development. months and above, the builders will pull back on construction.

Housing Market 396

Housing Market Inventory Construction Marketing 396

Housing Wire

AUGUST 23, 2022

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. Census Bureau and the Department of Housing and Urban Development. This time, we have less production of homes and more multifamily construction.

Construction 370

Construction Housing Market Sellers Marketing 370

Cleveland Appraisal Blog

MARCH 30, 2021

There is a lot of demand out there, with very little inventory. It may be due to inventory levels continuing to drop. My advice to agents and sellers is to really analyze the properties that they are using to develop their asking price. I had new construction sales that were very comparable.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Housing Wire

APRIL 27, 2022

Census Bureau and the Department of Housing and Urban Development. Even though multifamily construction has boosted housing starts recently, the slowdown in single-family purchases hasn’t been anything too dramatic yet. The builders have pricing power and they — along with home sellers — have pushed it very hard since 2020.

Construction 340

Construction Buyers Housing Market Inventory 340

Empire Appraisal Group

JUNE 17, 2021

Housing started 2020 with a significant shortage of new homes and inventory of existing ones. As demand kept rising, sellers remained either cautious about the market’s outlook, or in many cases, unable to find a replacement home. The trends accelerated into 2021, pushing prices up at double-digit rates for over 10 months.

Buyers 78

Buyers Real Estate Inventory Marketing 78

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. Seize the moment to leverage the increased inventory and negotiate favorable prices.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Will Springer Realtor

AUGUST 15, 2023

Sellers, too, are waiting for the easing of rates before looking for their next home, as estimates show 60% of today’s homeowners possess a mortgage with an interest rate of 4% or less. “The Mortgage rates are high, home prices are high, there’s no inventory.” The result: generally rising prices amid limited inventory.

Sellers 60

Sellers Buyers New Listings Inventory 60

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Cleveland Appraisal Blog

MAY 13, 2021

THE SELLER’S VIEW. This is the strongest seller’s market I have ever seen. 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. We develop our opinions of the value primarily upon closed sales.

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Market Value Contracts Appraisal Buyers 298

Raleigh Realty

FEBRUARY 19, 2022

Not only does this help new agents learn all the inventory in their local markets but it also gets them familiar with driving through all the subdivisions and neighborhoods. The skills required to help home buyers and sellers successfully buy and sell real estate have nothing to do with networking all day. Life happens.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. What Does Low Inventory Mean for Ohio Land for Sale?

Marketing 78

Marketing Real Estate Investing Retail 78

Listing Spark

JANUARY 12, 2023

Home sellers should focus on their local market and pull out all the stops when listing a house. New Construction: Slowing down due to an increase in inventory and a declining market; builders targeting first-time home buyers. ” [0:19:31] Builders Offer Incentives to Move Inventory in Slump Market.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Will Springer Realtor

DECEMBER 8, 2021

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Who said this is a sellers’ market? Who said this is a sellers’ market? Building developers are optimistic they can overcome many of the challenges. construction jobs in the U.S.,

Sellers 36

Sellers Marketing Supply Chain Construction 36

Listing Spark

MARCH 9, 2023

But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential. This left sellers either frantically trying to unload their properties or riding out the storm and hoping for values not too badly impacted by this spike in costs.

Real Estate 36

Real Estate Marketing Inventory Sellers 36