Housing Wire
MAY 25, 2021
Higher material costs , a lack of inventory and labor continue to drive demand, pushing up home prices. Robert Frick, corporate economist at Navy Federal Credit Union , noted that some builders are slowing production in hopes prices will come down as the supply chain recovers.
Eppraisal
APRIL 9, 2024
Renovations are a great way to boost home value and aesthetics. There Will Be Project Delays Lousy weather, supply chain disruptions, lengthy permit approvals or other sudden complications can stretch your project timeline. It Can Be a Stressful Endeavor Major home improvements can be physically and emotionally demanding.
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Housing Wire
JULY 25, 2023
I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. With material and labor shortages, and supply chain issues it is taking a year-and-a-half to two years to complete a property.
Eppraisal
MARCH 17, 2023
economy, home building prominent among them. 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. The last few years took a toll on many sectors of the U.S.
Housing Wire
MARCH 23, 2022
“Though February’s new sales were below recent highs, builders are still selling homes at a higher seasonally adjusted rate than they did at any point between 2008 and 2019,” Zillow economist data analyst Dan Handy said in a statement. months supply. This is an increase of 3.3% after a 10.4% drop in January.
Eppraisal
DECEMBER 14, 2021
Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae. " Housing Inventory Is Fannie Mae correct about the supply of sell-able homes in late 2021 and 2022?
Quicken Loans
DECEMBER 16, 2021
In addition, home values and sales skyrocketed. Until then, there is still the issue of disrupted supply chains along with labor shortages. Chamber of Commerce Commercial Construction Index (CCI) face at least one material shortage, with steel, lumber and insulation the top-cited.
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