Housing Wire

OCTOBER 26, 2023

in September despite significant affordability hurdles weighing on the market, according to data released Thursday by the National Association of Realtors (NAR). Furthermore, inventory remains tight, which hinders sales but keeps home prices elevated.” Pending home sales ticked up 1.1% in September. increase in September.

Inventory 410

Inventory Contracts Housing Market Realtors 410

Housing Wire

MARCH 8, 2024

In February, employment continued to trend up in construction, adding 23,000 jobs month over month. It implies sizable potential real estate demand on the sidelines, ready to pounce once short-term conditions move favorably.” Average hourly earnings for private-sector employees grew by 0.1% month over month to $34.57

Transportation 450

Transportation Retail Housing Market Construction 450

Housing Wire

APRIL 27, 2021

Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. billion equity infusion from investors including Centerbridge and Allianz Real Estate.

Real Estate 370

Real Estate Renovations Inventory Retail 370

Housing Wire

JUNE 29, 2023

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, according to data released Thursday by the National Association of Realtors (NAR). The lack of housing inventory continues to prevent housing demand from being fully realized.” annual drop recorded in April.

Contracts 370

Contracts Inventory Housing Market Realtors 370

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement. In the new construction sector , NAR predicts sales to increase 4.5% year over year.

Inventory 432

Inventory Realtors Contracts Construction 432

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. The lender, based in South Dakota, offers conventional, FHA and VA loan products, as well as bridge loans.

Mortgage 473

Mortgage Real Estate Agent Renovations Finance 473

Housing Wire

OCTOBER 22, 2020

million, the National Association of Realtors said in a report on Thursday. That surge in potential buyers, however, may be met with what Yun says is historically low inventory. At the end of September, housing inventory totaled 1.47 from one year ago when inventory sat at 1.82 Compared to a year ago, sales are up 20.9%.

Inventory 530

Inventory Buyers Realtors Housing Market 530

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. Construction Workforce Concerns.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

DECEMBER 30, 2022

Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. It’s positive news for an industry that has recently dealt with a lackluster amount of inventory. Barnes said.

Renovations 410

Renovations Realtors Construction Mortgage 410

Housing Wire

APRIL 20, 2023

monthly increase in February , breaking a year long streak of declines, existing home sales were back down again in March, according to a report from the National Association of Realtors (NAR), released Thursday. At the end of March, NAR reported that the inventory of unsold existing homes was up to 980,000, an increase of 1.0%

Inventory 384

Inventory Housing Market Realtors Mortgage 384

Housing Wire

DECEMBER 13, 2023

As 2023 draws to a close, housing professionals hope for relief from the high mortgage rates, terrible inventory levels and slow sales that characterized the year. Home starts forecasts, meanwhile, don’t offer much certainty about the pace of construction next year.

Inventory 466

Inventory Construction Mortgage Buyers 466

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. Prices have held steady and even increased in some areas due to limited inventory. The cost approach is most relevant for new or like new construction.

Construction 82

Construction Appraisal Process Appraisal Bracketing 82

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. We do not see new construction returning in a meaningful way any time soon. million units last month from July, according to the National Association of Realtors (NAR).

Mortgage 421

Mortgage Loan Officers Buyers Inventory 421

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. ” Ruben Gonzalez, Keller Williams chief economist, added that he is “optimistic” new home construction will pick up.

Supply Chain 421

Supply Chain Inventory Buyers Realtors 421

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. Prices have held steady and even increased in some areas due to limited inventory. The cost approach is most relevant for new or like new construction.

Construction 74

Construction Appraisal Appraisal Process Bracketing 74

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). Home prices will be influenced by how much inventory is brought to market. annual drop recorded in May. “It in 2023, to 720,000.

Construction 370

Construction Inventory Realtors Housing Market 370

Housing Wire

DECEMBER 10, 2020

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Housing inventory in the Des Moines housing market is tight. The low interest rates continue to make conditions ideal for homebuyers.”.

Housing Market 441

Housing Market Marketing Realty Realtors 441

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Realtor.com®:

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

DECEMBER 3, 2020

It’s not uncommon to hear that bids on homes are that high, according to Stacie Herrig, a Realtor with Epic Realty in Meridian, Idaho, and sometimes she can see 10 to 20 offers on a home. months worth of housing inventory, which is the lowest ever, the report from Keller Williams said. But last week, I listed a home for $1.17

Marketing 533

Marketing Realty Realtors Housing Market 533

Housing Wire

DECEMBER 28, 2021

In fact, Paradise’s housing market, though constrained by unresolved wildfire litigation and issues like proper home insurance, even has the high-demand, low inventory problems of most other U.S. We have had over 200 lots active on the market at one time since 2019, so we are a little low on inventory.”.

Insurance 384

Insurance Realty Agents Construction 384

Housing Wire

SEPTEMBER 22, 2022

“Homebuilders may have been reluctant to do so until recently as supply chain bottlenecks and labor shortages have resulted in an elevated share of homes for sale still being under construction compared to the historical norm,” according to the report by the ESR Group. In August, the national inventory of unsold existing homes was at 3.3-month

Housing Market 410

Housing Market Supply Chain Marketing Inventory 410

Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist. Unsold inventory sits at a 2.5-month

Inventory 421

Inventory Buyers Realtors Housing Market 421

Housing Wire

JANUARY 7, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. That’s reflected in home prices, where the median Honolulu home sold for $975,000 in the second quarter of 2021, according to the National Association of Realtors , a climb of 20% year-over-year.

Housing Market 397

Housing Market Marketing Real Estate Agent Agents 397

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% annually to $350,000, according to the Friday report from the National Association of Realtors. from the prior month to a seasonally adjusted annual rate of 6.5 January sales fell 2.3% from a year ago. “While the 6.7

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Housing Wire

SEPTEMBER 21, 2022

million, according to a report from the National Association of Realtors (NAR) released Wednesday. In August, NAR found that the inventory of existing homes dropped 1.5% Inventory will remain tight in the coming months and even for the next couple of years,” Yun said. month over month in August to a rate of 4.80

Inventory 370

Inventory Sellers Realtors Housing Market 370

Housing Wire

MARCH 29, 2023

regions, but declined in the West, according to the National Association of Realtors. Although inventory has increased from February of last year, the number of homes available for sale is just half of what it was three years ago. Month-over-month, contract signings increased in three U.S. Overall, contract signings were down 21.1%

Contracts 306

Contracts Realtors Home Value Housing Market 306

Housing Wire

NOVEMBER 3, 2020

Data from the National Association of Realtors and U.S. COVID has contributed to the acute shortage of inventory as the pace of new construction slowed and older prospective sellers postponed listing their homes until after the pandemic. Luxury home sales took off in the third quarter by 41.5%, according to a report from Redfin.

Inventory 479

Inventory Housing Market Construction Marketing 479

Housing Wire

SEPTEMBER 22, 2022

I go into real estate offices and Realtors have zero listings for the week,” said the LO, who requested anonymity to protect the business of her partners. “I 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. million to 1.93

Mortgage 384

Mortgage Loan Officers Inventory Retail 384

Eppraisal

DECEMBER 14, 2021

The recent trends in real estate in the United States have delighted some people and frustrated others. High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market.

Real Estate 67

Real Estate Marketing Supply Chain Inventory 67

Housing Wire

NOVEMBER 2, 2022

“Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly,” Lawrence Yun, chief economist at National Association of Realtors , said. “It is no longer a seller’s market,” said Nick Smith, founder at Rice Park Capital Management.

Mortgage 410

Mortgage Sellers Contracts Buyers 410

Houston Properties

JULY 18, 2022

5 Interesting Energy Corridor Real Estate Trends. See Energy Corridor real estate, home sales, and investment data. The district’s reputation as a major employment center coincides with its status as one of Houston’s hottest real estate markets. The Best Houston Realtor to Sell Your Home.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Boston Appraisal

JULY 6, 2020

But as life starts a trek back to a new state of normality, it will do us good to take a look at the real estate market and measure the impact of the Corona virus and how it will affect the market in the future. Anyone who is in the position to purchase real estate should act now before the next corona virus wave hits.

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Housing Wire

MAY 3, 2024

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We

Inventory 413

Inventory Housing Market Marketing Real Estate 413

Boston Appraisal

JULY 6, 2020

But as life starts a trek back to a new state of normality, it will do us good to take a look at the real estate market and measure the impact of the Corona virus and how it will affect the market in the future. Anyone who is in the position to purchase real estate should act now before the next corona virus wave hits.

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Houston Properties

JULY 19, 2022

Guide To Piney Point Village Luxury Real Estate. The article includes pictures, prices, and floorplans of Piney Point luxury real estate. Piney Point luxury real estate features glamour and affluence, with scenic grounds, long tree-lined driveways, and picturesque homes. Piney Point Homes For Sale.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Housing Wire

FEBRUARY 13, 2024

We are very bullish on Alabama and its long-term prospects,” Jeremy Walker, CEO of the Alabama Realtors Association , said. “We 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 410

Construction Supply Chain Inventory Agents 410

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgage 421

Mortgage Real Estate Inventory Construction 421