Housing Wire

JANUARY 6, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. Measuring the housing deficit. The event is exclusively for HW+ members , and you can go here to register.

Supply Chain 493

Supply Chain Housing Market Construction Inventory 493

Housing Wire

FEBRUARY 9, 2023

Despite this, the NAHB is optimistic that the recent drop in mortgage rates over the past two months might signal that affordability conditions may have reached their low point for this cycle of the housing market. On the other end of the spectrum, Salinas, California was the least affordable small housing market, with just 5.0%

Supply Chain 358

Supply Chain Housing Market Marketing Mortgage 358

Housing Wire

FEBRUARY 3, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market.

Housing Market 404

Housing Market Marketing Supply Chain Mortgage 404

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. Entry level homebuyers are getting hit hardest.

Insurance 362

Insurance Housing Market Marketing Agents 362

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. With continued supply chain disruption, cost increases and fear of inflation , the market has felt tenuous at best.

Marketing 458

Marketing Contracts Supply Chain Project Management 458

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.

Supply Chain 371

Supply Chain Construction Buyers Mortgage 371

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 393

Inventory Marketing Mortgage Supply Chain 393

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. Here is a look at the home price index in the Dallas- Fort Worth- Arlington market.

Supply Chain 159

Supply Chain Real Estate Investors Appraisal 159

Housing Wire

MAY 25, 2021

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. “And unfortunately, a slowdown in starts and permits shows the new home supply, while much higher than pre-pandemic levels, will not be increasing soon.”

Supply Chain 404

Supply Chain Inventory Buyers Construction 404

Housing Wire

FEBRUARY 18, 2022

.” While homebuilders are getting closer to delivering new homes , they remain stymied by ongoing global supply chain issues. The good news is there are several directions from which more supply may come, said Matthew Speakman, an economist at Zillow. Garage doors are taking months to arrive, delaying closings.

Supply Chain 404

Supply Chain Inventory Buyers Contracts 404

Housing Wire

JULY 13, 2022

In January 2020, Carmel Ford of the NAHB Economics and Housing Policy Group published a special study titled Cost of Constructing a Home. As borrowing power of the buyer decreases, home demand decreases, lumber demand decreases relative to supply, and lumber prices drop. What is the impact of lumber relative to interest rates?

Supply Chain 392

Supply Chain Buyers Construction Mortgage 392

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. In combination with low housing inventory and labor shortages, that drove up selling prices. real estate market is hot.

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 expectation is that the pace of new construction will pick up.

Supply Chain 98

Supply Chain Inventory Housing Market Government 98

Eppraisal

DECEMBER 14, 2021

The recent trends in real estate in the United States have delighted some people and frustrated others. Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market. Does this prediction mean a chilly winter for residential real estate sales? percent or so.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

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 424

Supply Chain Construction Housing Market Inventory 424

Housing Wire

DECEMBER 16, 2021

When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated. Yes, if we were to get a spike in mortgage rates or some other shock that leads to an abrupt drop in demand right when the new supply arrives. What if it doesn’t?).

Marketing 450

Marketing Mortgage Supply Chain Inventory 450

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. The market is going to go into correction,” he said. “I

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

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.

Construction 385

Construction Supply Chain Inventory Agents 385

DataMaster

FEBRUARY 25, 2021

That makes it important for real estate professionals to understand this group and the impact they had on the 2020 real estate market and the impact they will have on the 2021 market! The booming real estate market in 2020 solidified the rise of the Millennials. New Home Construction.

Inventory 174

Inventory Buyers Construction Supply Chain 174

Eppraisal

OCTOBER 20, 2023

Supply chain disruptions as experienced in recent times can lead to shortages in construction materials. Construction Project Delays Construction project delays can cost homeowners both time and money. Lack of Proper Resources Inadequate resources can quickly derail a renovation project.

Renovations 36

Renovations Supply Chain Inspection Modernization 36

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?

Supply Chain 376

Supply Chain Construction Inventory Finance 376

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. . Department of Housing and Urban Development.

Construction 435

Construction Supply Chain Buyers Development 435

DataMaster

FEBRUARY 25, 2021

That makes it important for real estate professionals to understand this group and the impact they had on the 2020 real estate market and the impact they will have on the 2021 market! The booming real estate market in 2020 solidified the rise of the Millennials.

Inventory 78

Inventory Buyers Construction Supply Chain 78

DataMaster

FEBRUARY 25, 2021

That makes it important for real estate professionals to understand this group and the impact they had on the 2020 real estate market and the impact they will have on the 2021 market! The booming real estate market in 2020 solidified the rise of the Millennials. New Home Construction.

Inventory 78

Inventory Buyers Construction Supply Chain 78

Housing Wire

JUNE 15, 2021

Homebuilder confidence fell to its lowest level since August 2020, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report. “Policymakers need to focus on supply-chain issues in order to allow the economic recovery to continue.”.

Supply Chain 441

Supply Chain Buyers Housing Market Construction 441

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.

Supply Chain 375

Supply Chain Housing Market Buyers Construction 375

Housing Wire

APRIL 16, 2021

Single-family housing starts rose 15.3% 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.”

Inventory 545

Inventory Housing Market Marketing Supply Chain 545

Housing Wire

JUNE 23, 2021

above where they were a year ago, when COVID-related procedures froze the new home market in place. Related supply chain issues have resulted in a big jump in the price of a new home over the past year. The home can be in any stage of construction: not yet started, under construction or completed.

Supply Chain 439

Supply Chain Construction Buyers Development 439

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. Real Estate Remains a Mixed Bag in 2022. More Second Home Purchases. 2021 to Jan.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

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 396

Mortgage Supply Chain Housing Market Construction 396

Housing Wire

JULY 28, 2021

“Sales continued to trend lower in June as some builders slow sales contracts to manage supply-chains, amidst longer delivery times and higher construction costs,” said NAHB Chairman Chuck Fowke. While lumber prices have shown some improvement in spot markets, these declines take time to translate into lower construction costs.

Supply Chain 393

Supply Chain Training Construction Development 393

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 414

Inventory Supply Chain Construction Buyers 414

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. The existing home sales market is significantly bigger than new homes.)

Supply Chain 367

Supply Chain Inventory Loan Conditions Construction 367

Housing Wire

MARCH 16, 2022

For the first time since September 2021, homebuilder confidence in the market for newly built single-family homes has dropped below the 80-point mark, according to the National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI), which was released on Wednesday.

Buyers 388

Buyers Supply Chain Construction Inventory 388

Housing Wire

FEBRUARY 4, 2022

“A low unemployment rate and a high participation rate signals a healthy labor market.”. After months of growth, the construction sector lost 5,000 jobs in January from December, due to the loss of 9,500 jobs in heavy and civil engineering construction. Residential building construction employment is up 5.3%

Supply Chain 402

Supply Chain Construction Inventory Retail 402

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.

Construction 440

Construction Supply Chain Inventory Housing Market 440

Raleigh Realty

JULY 12, 2022

A healthy housing market indicates a healthy national economy. In fact, it’s estimated that owner-occupied real estate accounts for over a quarter of American households’ net worth. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing?

Real Estate 78

Real Estate Supply Chain Construction Home Value 78