Housing Wire

SEPTEMBER 20, 2021

Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022. It also downsized its 2022 mortgage origination volume forecast by $55 billion to $3.25 trillion from the $4.36

Supply Chain 417

Supply Chain Inventory Government New Listings 417

Housing Wire

FEBRUARY 3, 2022

Thanks to a boom in the housing market and a historic refinance market, the past two years have been a favorable period for the mortgage market. In the process, a historic $9 trillion of mortgage loans were closed over two years. What are the drivers of housing demand in 2022? 2022 Forecast series.

Housing Market 407

Housing Market Marketing Supply Chain Mortgage 407

Housing Wire

NOVEMBER 10, 2022

Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! This of course led some people to believe that bond yields and mortgage rates would go much higher today.

Mortgage 535

Mortgage Supply Chain Housing Market Marketing 535

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today.

Inventory 395

Inventory Marketing Mortgage Supply Chain 395

Eyes on Housing

SEPTEMBER 21, 2022

In August, housing starts rebounded but housing permits declined for the second straight month. The August drop in building permits indicates that the housing market is continues to cool as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market.

Supply Chain 160

Supply Chain Construction Housing Market Marketing 160

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.

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates?

Marketing 454

Marketing Mortgage Supply Chain Inventory 454

Housing Wire

JUNE 23, 2023

Some of the best performing stocks in America this year are from large, national homebuilders – strong consumer demand , limited competition from the existing home sales market , and an improving supply chain have boosted their outlooks. from April, and up 5.7% from May 2022, to 1.63 million. “Our

Supply Chain 382

Supply Chain Construction Buyers Mortgage 382

Housing Wire

JULY 13, 2022

Over the same time period, here is what happened to 30-year mortgage interest rates: 4% in 2019 3% in 2021 6% in 2022. In January 2020, Carmel Ford of the NAHB Economics and Housing Policy Group published a special study titled Cost of Constructing a Home. What is the impact of lumber relative to interest rates?

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Supply Chain Buyers Construction Mortgage 406

Housing Wire

MAY 25, 2021

Alternatively, there may have been a secular change in preferences, leading to a permanent shift in the demand curve for housing.” ” Technology for navigating secondary market challenges. ” Mortgage rates continue to hover around 3%, keeping prospective homebuyers interested, Speakman said.

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Supply Chain Inventory Buyers Construction 407

Housing Wire

FEBRUARY 18, 2022

from December and mortgage rates shot up 30 basis points. percent sales growth in January was good news, the drop in for-sale inventory to an all-time low at 860,000 units is a cause for concern,” said Joel Kan, the Mortgage Bankers Association’s AVP of economic and industry forecasting. “While the 6.7

Supply Chain 407

Supply Chain Inventory Buyers Contracts 407

DW Slater Company

JUNE 16, 2022

Not braking just easing off the pedal as there are some current issues that are impacting the markets. Economic changes, policy changes, supply chain issues, social changes, and buying power can all impact real estate. Mortgage rates are already moving up and are projected to move higher. What’s Been Driving Our Markets?

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Supply Chain Real Estate Investors Appraisal 159

Housing Wire

FEBRUARY 18, 2021

Homebuilder confidence in single-family homes jumped one point to 84 in February from 83 in January , according to the National Association of Home Builders and Wells Fargo Housing Market Index. Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman.

Supply Chain 427

Supply Chain Construction Housing Market Inventory 427

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. Mortgage rates dropped down to record lows that carried through much of 2021. real estate market is hot. In addition, home values and sales skyrocketed.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Hank Miller Team

NOVEMBER 8, 2021

Trying to predict any market; stock, bond, mortgage, real estate or other type is a measured guess at best. Toss in a global pandemic, global supply chain issues along with global inflation and the challenge is exacerbated. The two main drivers; low mortgage rates and historically low inventory.

Supply Chain 98

Supply Chain Inventory Housing Market Government 98

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Overall, annual mortgage origination levels are expected to be $2.8

Housing Market 395

Housing Market Marketing Supply Chain Real Estate 395

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. In Birmingham, ERA King Real Estate agent Anna-Maria Ellison said that even without lower mortgage rates, she is seeing buyers return to the market. “It

Construction 404

Construction Supply Chain Inventory Agents 404

Housing Wire

FEBRUARY 15, 2023

Temperatures are slowly starting to rise in many parts of the country as we head into spring — and so is homebuilder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. Builders are continuing to offer a variety of incentives.

Mortgage 406

Mortgage Supply Chain Housing Market Construction 406

Housing Wire

NOVEMBER 10, 2022

David Meyer is thankful that his business is still plugging along during the wildest housing market in decades. With mortgage rates hovering around 7% and home prices still at record highs, buyers across America are calling off the house hunt and finding multifamily apartments. . It could be a while.

Construction 453

Construction Supply Chain Buyers Development 453

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. What are you expecting to see next year in terms of supply chain issues?

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Supply Chain Construction Inventory Finance 383

Housing Wire

MARCH 23, 2022

“This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. months supply. Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. This is an increase of 3.3% after a 10.4% drop in January.

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Supply Chain Housing Market Buyers Construction 383

Housing Wire

APRIL 18, 2023

What is the best news for mortgage rates long-term? It’s getting more supply of apartments! The best way to fight inflation is always by adding more supply; if your goal is to destroy inflation by killing demand, that is only a temporary fix. The housing market is still in a recession until housing permits rise in duration.

Mortgage 512

Mortgage Construction Supply Chain Housing Market 512

Housing Wire

DECEMBER 20, 2022

This is the reason construction workers still have jobs, and that backlog needs to be finished; this is a positive outcome. The bigger story here is that if we want to see mortgage rates fall, we need more rental units, and right now we have a massive backlog of 2-unit homes under construction — over 900,000. When supply is 4.3

Housing Market 417

Housing Market Marketing Construction Supply Chain 417

Eppraisal

DECEMBER 14, 2021

The Price of Money Another financial prophecy for the winter months is that mortgage interest rates will go up -- a 30-year fixed rate product is expected to increase by 3.5 Yet Fannie Mae sees no housing market damper on the horizon despite these higher rates. percent or so. This can impact monthly cash flow considerably.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Housing Wire

APRIL 16, 2021

That’s up 37% from a year ago, but it’s important to take into account that the COVID-19 virus first took hold of the housing market in March 2020, said Doug Duncan, chief economist at Fannie Mae. Suburban multifamily housing construction is also benefitting from this trend.” from February.

Inventory 545

Inventory Housing Market Marketing Supply Chain 545

Housing Wire

MAY 19, 2022

Skyrocketing mortgage rates and a slowdown in new home constructions led to a drop in home purchases in April. Mortgage applications for new home purchases dropped 10.6% in April from the same period last year, according to the Mortgage Bankers Association builder application survey. Homebuilders constructed about 1.23

Supply Chain 427

Supply Chain Construction Mortgage Development 427

Housing Wire

MARCH 15, 2023

Despite the volatile mortgage rate environment and overall economic uncertainty, homebuilder confidence slowly continues to rise, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

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Supply Chain Inventory Loan Conditions Construction 382

Housing Wire

NOVEMBER 17, 2023

Permits for future construction also jumped 1.1% Indeed, privately‐owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,487,000, up from 1,471,000 in September. A good inflation report and steadily declining mortgage rates provide some relief to the market,” she said. “At

Supply Chain 418

Supply Chain Construction Finance Development 418

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. The business appears durable, too. million and 7.3

Construction 446

Construction Supply Chain Inventory Housing Market 446

Housing Wire

OCTOBER 18, 2021

Homebuilder confidence continued to rise in October despite increasing affordability issues due to rising material prices and ongoing shortages, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report released on Monday. Treasuries and mortgage-backed debt.

Supply Chain 535

Supply Chain Inventory Buyers Housing Market 535

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. It’s increasingly difficult for home appraisers to predict what will happen next, between seller booms and fluctuating mortgage rates. We can expect positive and negative trends to control the housing market.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Housing Wire

FEBRUARY 25, 2021

Despite the decline, many industry observers see big potential for the housing market in the year ahead. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. But home prices have increased. Presented by: Fannie Mae. million in 2020.

Supply Chain 400

Supply Chain Inventory Housing Market Contracts 400

Eyes on Housing

FEBRUARY 15, 2023

Two consecutive solid monthly gains for builder confidence, spurred in part by easing mortgage rates, signal that the housing market may be turning a corner even as builders continue to contend with high construction costs and building material supply chain logjams.

Supply Chain 194

Supply Chain Construction Housing Market Marketing 194

Housing Wire

SEPTEMBER 24, 2021

The housing market over the summer of 2021 appears to have settled at a level lower than the surge in the second half of 2020 into early 2021,” Ben Ayers, a senior economist at Nationwide , said in a statement. Nearly 80% of homes sold in August were either under construction or yet to be built. Sales of new homes were down 24.3%

Supply Chain 454

Supply Chain Housing Market Construction Buyers 454

Housing Wire

APRIL 21, 2022

A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials. This means that the doors, windows, electrical all are done by contractors after the walls have been constructed.”.

Construction 395

Construction Supply Chain Investors Business 395

Eyes on Housing

DECEMBER 23, 2022

While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs, and challenging affordability conditions.

Supply Chain 183

Supply Chain Construction Housing Market Mortgage 183

Housing Wire

AUGUST 29, 2022

Closing the housing supply gap will not happen overnight because it has taken some time to get where we are today. The construction industry has yet to fully recover from the 2008 financial crisis when it lost a big segment of its skilled construction workforce. The good news.

Construction 426

Construction Supply Chain Finance Legal 426