McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Need for New Construction. Why Is U.S.

Inventory 68

Inventory Construction Real Estate Renovations 68

Hank Miller Team

NOVEMBER 15, 2022

Some markets remain in flux, others have started to level off already. Atlanta is one of the steady ones, and housing inventory in Atlanta will not jump in 2023. The region has been growing consistently over the last decade and while the bump was experienced, there is solid footing which will keep this market stable.

Inventory 52

Inventory Renovations Housing Market Buyers 52

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. This month, she is lucky to have $2 million in her pipeline thanks to closing deals on a construction loan, a condo and a vacant lot. And it’s going to get worse. million to 1.93

Mortgage 384

Mortgage Loan Officers Inventory Retail 384

Housing Wire

MARCH 7, 2024

The White House announced that President Joe Biden will call on lawmakers in the House of Representatives and the Senate to address a series of housing issues in his State of the Union address, which will be delivered to a joint session of Congress and televised nationally on Thursday night.

Construction 534

Construction Renovations Insurance Landlords 534

Housing Wire

JANUARY 6, 2023

As a mortgage banker who does business solely in New Jersey, Gallo expects to see home equity loans and mortgage loans getting love in the new year — due primarily to the lack of inventory in his market and the equity built up in owners’ homes. Connie Kim: Let’s zoom in on the New Jersey housing market.

Business 410

Business Loan Officers Clients Inventory 410

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 410

Inventory Renovations Supply Chain Buyers 410

Eppraisal

FEBRUARY 22, 2022

Yet swelling house prices go far beyond new construction and that is good news for the owners of existing homes. This is especially true when housing inventories are low -- a perfect illustration of money supply outpacing economic growth. It follows that the realtor commission will also be more substantial.

Housing Market 36

Housing Market Marketing Property Taxes Home Value 36

Cleveland Appraisal Blog

JULY 5, 2021

Our summer has a bit of a different feel than it did a couple of weeks ago, and Murphy’s Law is in full effect as we are also in the middle of a first-floor renovation, including a kitchen remodel, which my wife has reminded me for years that we were overdue for. She’s a tough cookie, but this situation has been tough on her.

Real Estate 221

Real Estate Appraisal Renovations Law 221

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 trillion gap in housing market investment from 2000 to 2020.

Housing Market 537

Housing Market Marketing Construction Development 537

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. High-quality homes sell in nearly every market. Worried about missing out on a boom?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. This fish phenomenon reminds me of the housing market today. There is a lot of demand out there, with very little inventory. It is free to visit.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Appraisal Buzz

APRIL 11, 2022

The housing market has been a roller coaster ride since COVID-19 began, and it hasn’t shown signs of stopping in 2022. Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Millennials Still Prefer Renovating. Inventory Shortage Won’t Be Solved. More Second Home Purchases.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Appraisal Today

APRIL 5, 2024

I’m always looking for something new == The Full Measure with Kevin Hecht: March 2024 Housing Market Insights By Kevin Hecht, March 28, 2024 Excerpts: In this installment of The Full Measure with Kevin Hecht, uncover March 2024 housing market insights, plus key takeaways for residential appraisers.

Appraisal 76

Appraisal Contracts Business Construction 76

Housing Wire

MARCH 26, 2024

In addition, any reprieve in the housing inventory shortage created by more multifamily units hitting the market is expected to be short-lived. In recent congressional testimony , Mortgage Bankers Association (MBA) chief economist Mike Fratantoni pointed out that the housing market is now extremely supply challenged.

Investors 458

Investors Marketing Inventory Real Estate 458

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. It remained way below the 44.6% hit in the second quarter of 2021.”

Investors 421

Investors Inventory Investing Real Estate 421

Raleigh Realty

JULY 12, 2022

A healthy housing market indicates a healthy national economy. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? These trends in time spent on the market and housing inventory show that homes in Raleigh will continue to be in high demand throughout the year.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Will Springer Realtor

MARCH 14, 2022

Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic. Condo inventory is not much better.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Chicagoland Appraisal Blog

APRIL 3, 2020

Chicago’s housing options include a wide diversity of architecture, styles, and sizes, including vintage condos, brand-new construction, and 7,000-square-foot homes. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. Replace bathroom vanities if needed.

Real Estate Agent 78

Real Estate Agent Architecture Modernization Buyers 78

Patch of Land

SEPTEMBER 12, 2018

With a tightening housing supply, and increased demand, what are investors to do? See what Robert has to say on why real estate investors are starting to look at new construction as an alternative to renovating properties. As Reuters reported in early 2018, housing inventory across the U.S.

Investors 35

Investors Renovations Real Estate Construction 35

Houston Properties

JULY 18, 2022

She knows so much about the housing market so we felt very confident that we were in great hands!” – Dr. Jen Shroff. Aside from the elegant houses that line River Oaks’ streets, much of the community’s beauty comes from the abundance of verdant elements in the area. Older properties have been renovated and updated.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. in the first half of 2022.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Appraisal Today

JULY 29, 2022

The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. We’ve seen a massive change in housing inventory. Let’s talk about supply and some things on my mind about today’s market. Four things about Today’s Housing Market.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Since rates have been so volatile and for-sale inventory still scarce, we have yet to see sustained growth in purchase applications. . == Glorious Gilded Age Mansion for $29.9M The 30-year fixed rate increased to 6.69

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. The Seattle luxury condo market is taking it on the chin, with prices in downtown/Belltown down 19% for the month and 24% YoY ($515K) on 7.7 months of inventory.

Inventory 36

Inventory Construction Supply Chain Buyers 36

Appraisal Buzz

SEPTEMBER 26, 2022

Entering the housing market today is challenging for many homeowners. There’s currently an inventory shortage, which is leading to more competition and increased prices. Building entire neighbors can encourage large-scale construction. million migrant workers in construction. Loosen Immigration Policies.

Construction 195

Construction Supply Chain Buyers Government 195

Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. OCTOBER HOUSING UPDATE.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

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. With so few available places to live, the competition for those homes is making housing much less affordable for many. homes shy of what’s needed today.

Buyers 36

Buyers Development Construction New Listings 36

Quicken Loans

JUNE 10, 2021

Meanwhile, the number of new construction homes sold according to the Census Bureau and the Department of Housing and Urban Development was down 5.9% Bring it all together, it’s both the market with a lot of opportunity to take advantage of low rates and a difficult market with rising prices due to low inventory.

Real Estate 38

Real Estate Marketing Construction Clients 38

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

JULY 9, 2021

THE ROI OF HOME RENOVATION. The National Association of Realtors® recently announced a new partnership with the LGBTQ+ Real Estate Alliance, a nonprofit that promotes homeownership and advocates for greater equality in housing. It is truly the epitome of a sellers’ market and experts I hear from are saying, basically, get used to it.

Buyers 36

Buyers Development Transportation Inventory 36