Construction Inventory Sellers Transportation 
Housing Wire
JUNE 2, 2023
Even though the pace of layoffs has picked up, many businesses, particularly in transportation, healthcare, and hospitality, continue to have strong demand for workers,” Mike Fratantoni , the Mortgage Bankers Association’s chief economist, said in a statement. Residential building construction added 2,400 jobs during the month.
Housing Wire
JANUARY 19, 2023
High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. However, housing affordability worsened.
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Houston Properties
JANUARY 13, 2021
Avoid 9 Costly Mistakes Sellers Make. On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps.
Valuation Nation
OCTOBER 16, 2022
Even with the higher rates the shortage of inventory has not allowed prices to start tapering down, yet. Inventory levels. Frequency of seller paid concessions. Dollar amount of seller paid concessions. REO and Short Sale Inventory. Wea re also excluding any new construction or lender owned homes.
Will Springer Realtor
MAY 13, 2024
Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.
Will Springer Realtor
DECEMBER 8, 2021
Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Who said this is a sellers’ market? “In Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”. construction jobs in the U.S.,
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.
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