Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% from December and mortgage rates shot up 30 basis points. ” While homebuilders are getting closer to delivering new homes , they remain stymied by ongoing global supply chain issues. January sales fell 2.3%

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

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 374

Supply Chain Construction Buyers Mortgage 374

Housing Wire

JUNE 30, 2021

Pending home sales reached its highest mark for the month of May since 2005, up 8% from the previous month of April as low inventory continues driving buyers to snatch up available real estate. “Home price growth will steadily moderate with increased supply, but a broad and prolonged decline in prices is unlikely,” Yun said.

Supply Chain 421

Supply Chain Inventory Buyers Realtors 421

Housing Wire

MAY 25, 2021

In this webinar, MCT COO Phil Rasori and expert guest panelists will review how mortgage lenders can overcome common challenges selling their loans on the secondary market. Higher material costs , a lack of inventory and labor continue to drive demand, pushing up home prices. Presented by: MCT.

Supply Chain 410

Supply Chain Inventory Buyers Construction 410

Housing Wire

MARCH 28, 2022

However, since I had the possibility of the 10-year yield getting to 2.42% and 4% plus mortgage rates, I accounted for that in the range. The one thing that has happened in 2022 that has been worse is that national inventory levels have worsened in 2022 to start the year. Inventory has been falling for years.

Housing Market 346

Housing Market Marketing Supply Chain Inventory 346

Housing Wire

MAY 7, 2021

HousingWire spoke to housing market economists and mortgage industry veterans to get their take on how they believe the jobs report will impact the mortgage and housing industries. “Additionally, supply chain challenges across the economy are likely impeding the pace of activity and pushing up input costs for many employers.

Housing Market 473

Housing Market Supply Chain Marketing Mortgage 473

Housing Wire

NOVEMBER 30, 2021

Purchase mortgage originations in total are expected to grow 9% to a new record of $1.73 trillion in 2022, according to the Mortgage Bankers Association – non-QM will be part of that, of course. Housing supply shortage. The housing supply constraints on the market also open up a few opportunities for non-QM growth.

Supply Chain 358

Supply Chain Lending Investors Renovations 358

Housing Wire

FEBRUARY 18, 2021

Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman. Still, builder headwinds persist, experts said, with many construction companies and homebuilders currently at capacity or dealing with the aforementioned high materials costs.

Supply Chain 431

Supply Chain Construction Housing Market Inventory 431

DW Slater Company

JUNE 16, 2022

Economic changes, policy changes, supply chain issues, social changes, and buying power can all impact real estate. The Fed just made the biggest rate hike since 1994 , we continue to have supply chain issues and inflation seems to be everywhere. Mortgage rates are already moving up and are projected to move higher.

Supply Chain 159

Supply Chain Real Estate Investors Appraisal 159

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

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 New construction is backed up,” she said.

Construction 393

Construction Supply Chain Inventory Agents 393

Eppraisal

MARCH 17, 2023

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. Prior to COVID, i.e. March of 2020, inventory was already falling. economy, home building prominent among them.

Supply Chain 69

Supply Chain Home Value Inventory Construction 69

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 379

Supply Chain Construction Inventory Finance 379

Hank Miller Team

DECEMBER 17, 2021

The Jan/Feb inventory bounce always happens; and it did in 2020 until the world stopped. See the inventory bumps as we head into the first quarter? Right now (mid Dec 2021) we’re dragging the bottom for inventory; we're finding old shipwrecks, dead fish, plenty of garbage and a few Mafia bodies. Is new construction the answer?

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

Quicken Loans

DECEMBER 16, 2021

Mortgage rates dropped down to record lows that carried through much of 2021. In combination with low housing inventory and labor shortages, that drove up selling prices. Some sought out properties that could support home offices, while others simply didn’t want to miss out on the low mortgage rates. Buyer demand continued.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Eppraisal

DECEMBER 14, 2021

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. 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 percent or so.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Housing Wire

NOVEMBER 10, 2022

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. . Some of his would-be buyers are renting apartments until mortgage rates markedly improve. It could be a while. Department of Housing and Urban Development.

Construction 445

Construction Supply Chain Buyers Development 445

Housing Wire

MARCH 23, 2022

This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. months supply. Inventory is at a record low and homes are selling within a week of being listed – more than two weeks faster than they did in February 2020.”. This is an increase of 3.3% This is an increase of 3.3%

Supply Chain 378

Supply Chain Housing Market Buyers Construction 378

Housing Wire

APRIL 16, 2021

. “An extremely tight supply of existing homes for sale combined with still-favorable mortgage rates and an improving labor market will continue to support demand for new housing. Suburban multifamily housing construction is also benefitting from this trend.” That’s depleting inventory across the country.

Inventory 545

Inventory Housing Market Marketing Supply Chain 545

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. This is key for mortgage rates looking out for years to come.

Mortgage 512

Mortgage Construction Supply Chain Housing Market 512

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 371

Supply Chain Inventory Loan Conditions Construction 371

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 402

Inventory Renovations Supply Chain Buyers 402

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

Eppraisal

SEPTEMBER 24, 2021

According to an article written by Jared Bernstein, Jeffery Zhang, Ryan Cummings and Matthew Maury on whitehouse.gov, "The Covid-19 pandemic shifted families' preferences for location and type of housing, exacerbating existing supply chain constraints that, for several reasons, have persisted for many years.

Marketing 28

Marketing Supply Chain Real Estate Construction 28

Housing Wire

APRIL 28, 2021

Policymakers need to examine the lumber supply chain, identify the causes for high prices and supply constraints and seek immediate remedies that will increase production.” Then, mortgage rates dropped below 3% , giving prospective homebuyers ammunition to continue shopping — even during the pandemic.

Supply Chain 450

Supply Chain Inventory Construction Market Value 450

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on the Mortgage Market One of the positive results of this global pandemic is the affect it has had on the U.S. mortgage market. This dropped 30-year mortgage rates to the floor – and we are happy to say that it stayed there. During the height of the pandemic, new home construction ground to a halt.

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on the Mortgage Market. mortgage market. This dropped 30-year mortgage rates to the floor – and we are happy to say that it stayed there. This dropped 30-year mortgage rates to the floor – and we are happy to say that it stayed there. This is the lowest rate in 30 years. What does this mean for borrowers?

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

DW Slater Company

FEBRUARY 23, 2023

The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. The demand for housing decreased with the higher mortgage rates as it decreased buyer power. The biggest answer is inventory. The inventory is still at very low levels.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

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 449

Construction Supply Chain Inventory Housing Market 449

Housing Wire

OCTOBER 18, 2021

As housing inventory remains low and buyers are continuing to face strong competition with one-third of homes going under contract within a week , many are becoming discouraged and have started looking for alternative options. Treasuries and mortgage-backed debt. Policymakers must focus on fixing the broken supply chain.

Supply Chain 534

Supply Chain Inventory Buyers Housing Market 534

Housing Wire

FEBRUARY 25, 2021

And inventory shortages are the culprit. 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. 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. million in 2020.

Supply Chain 402

Supply Chain Inventory Housing Market Contracts 402

Appraisal Buzz

APRIL 11, 2022

It’s increasingly difficult for home appraisers to predict what will happen next, between seller booms and fluctuating mortgage rates. Mortgage rates dipped to record lows in 2021, then skyrocketed in early 2022. COVID-19, supply shortages and high inflation play a role in this rapid increase. Inventory Shortage Won’t Be Solved.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Housing Wire

MAY 17, 2021

Overall, homebuilder confidence in the market remains strong due to a lack of resale inventory, low mortgage interest rates and what NAHB Chairman Chuck Fowke called “a growing demographic of prospective home buyers” — even as younger homebuyers struggle to compete in a hot market.

Supply Chain 448

Supply Chain Construction Inventory Housing Market 448

Housing Wire

SEPTEMBER 14, 2022

Financial advisory firm Mortgage Capital Trading (MCT) notes that the strong inflation numbers released yesterday , September 13, make it likely that the Federal Reserve will be more aggressive in its next round of rate hikes. “A Refinance applications are 83% lower than last year.”.

Construction 370

Construction Real Estate Inventory Supply Chain 370

Housing Wire

MAY 18, 2021

million — proof that builders are delaying housing starts due to the marked increase in costs for lumber and other materials, said Mike Fratantoni, Mortgage Bankers Association ‘s chief economist. Housing completions were at a rate of 1.045 million in April, just 0.1% above the March rate of 1.04

Supply Chain 545

Supply Chain Construction Government Inventory 545

Housing Wire

FEBRUARY 16, 2023

With economic uncertainty and supply chain issues plaguing the industry, homebuilders pulled back last month. With mortgage rates back up in February, it’s likely that this momentum will be short lived.” Homes were started at an estimated annual pace of 1.309 million in January, down 4.5% Census Bureau and the U.S.

Supply Chain 359

Supply Chain Construction Inventory Development 359

Housing Wire

NOVEMBER 17, 2022

However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. For this reason, the number of housing units “under construction” is the largest ever recorded in history because they were taking so long to finish.

Contracts 545

Contracts Construction Supply Chain Marketing 545