Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% 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.

Supply Chain 407

Supply Chain Inventory Buyers Contracts 407

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 417

Supply Chain Inventory Buyers Realtors 417

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 347

Supply Chain Construction Buyers Mortgage 347

Housing Wire

MAY 25, 2021

Higher material costs , a lack of inventory and labor continue to drive demand, pushing up home prices. 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. Presented by: MCT.

Supply Chain 406

Supply Chain Inventory Buyers Construction 406

Housing Wire

MARCH 28, 2022

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. HousingWire: How will rising rates affect new home construction? Housing construction will be impacted if the monthly supply for new homes breaks above 6.5

Housing Market 310

Housing Market Marketing Supply Chain Inventory 310

Housing Wire

JULY 26, 2023

Tight inventory and soaring home prices have pushed more homebuyers to more affordable areas in California. I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” said Sandy Williams, an eXp Realty agent in Sarasota. That comes with its own risks – in many cases, wildfires.

Insurance 345

Insurance Housing Market Marketing Supply Chain 345

Housing Wire

NOVEMBER 30, 2021

Housing supply shortage. The housing supply constraints on the market also open up a few opportunities for non-QM growth. New construction has been hit hard by supply chain disruptions and materials and labor shortages, and inventory of existing homes is tight.

Supply Chain 317

Supply Chain Lending Investors Renovations 317

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. To make homeownership a possibility for everyone, there needs to be a higher supply of affordable homes. Inventory remains low, as well. Presented by: Fannie Mae.

Supply Chain 425

Supply Chain Construction Housing Market Inventory 425

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. Another thing to watch is new construction. Median Sales Price.

Supply Chain 159

Supply Chain Real Estate Investors Appraisal 159

Housing Wire

MAY 7, 2021

“Additionally, supply chain challenges across the economy are likely impeding the pace of activity and pushing up input costs for many employers.

Housing Market 467

Housing Market Supply Chain Marketing Mortgage 467

Housing Wire

DECEMBER 16, 2021

While the market has struggled with a lack of inventory in 2021 and builders have reported ongoing supply chain challenges, there are more than 700,000 homes under construction right now, and a growing inventory of new homes for sale. The inventory of existing homes remains quite tight at less than 2.5

Marketing 452

Marketing Mortgage Supply Chain Inventory 452

Hank Miller Team

NOVEMBER 8, 2021

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

Supply Chain 98

Supply Chain Inventory Housing Market Government 98

Housing Wire

FEBRUARY 13, 2024

While Alabama agents might feel good about their state’s prospects as a migratory hotspot, they must also face the repercussions of a growing population — namely increased pressure on the state’s already constrained housing inventory. Inventory was the theme last year and it is shaping up to be the theme this year,” Ellison said.

Construction 358

Construction Supply Chain Inventory Agents 358

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 358

Supply Chain Construction Inventory Finance 358

DataMaster

FEBRUARY 25, 2021

As Lawrence Yun, NAR chief economist said, Unless the housing supply increases, the future of home ownership for young adults is bleak. Inventory is in Short Supply in 2021. Not only do Millennials homebuyers have to figure out how to afford a home, they also have to deal with the sorry state of inventory!

Inventory 174

Inventory Buyers Construction Supply Chain 174

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 389

Inventory Supply Chain Construction Buyers 389

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

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. " Housing Inventory Is Fannie Mae correct about the supply of sell-able homes in late 2021 and 2022? Some are counting on new construction and a sell-off by landlords to supplement the present reserve.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Quicken Loans

DECEMBER 16, 2021

In combination with low housing inventory and labor shortages, that drove up selling prices. Home Inventory Will Slowly Rise. During the past year, buyers faced a limited housing inventory which put sellers at an advantage. Compared to 2020, the national inventory declined by 22.2% Buyer demand continued.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

JUNE 23, 2021

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. For new homes, that supply is sitting at roughly 5.1 months at the current sales rate. 9% from April to 5.8

Supply Chain 432

Supply Chain Construction Buyers Development 432

DataMaster

FEBRUARY 25, 2021

As Lawrence Yun, NAR chief economist said, Unless the housing supply increases, the future of home ownership for young adults is bleak. Inventory Inventory is in Short Supply in 2021 Not only do Millennials homebuyers have to figure out how to afford a home, they also have to deal with the sorry state of inventory!

Inventory 78

Inventory Buyers Construction Supply Chain 78

DataMaster

FEBRUARY 25, 2021

As Lawrence Yun, NAR chief economist said, Unless the housing supply increases, the future of home ownership for young adults is bleak. Inventory is in Short Supply in 2021. Not only do Millennials homebuyers have to figure out how to afford a home, they also have to deal with the sorry state of inventory!

Inventory 78

Inventory Buyers Construction Supply Chain 78

Housing Wire

NOVEMBER 10, 2022

In response, multifamily construction has skyrocketed over the last year, hitting a historic high of 841,000 units under construction nationwide in June of this year, according to research from the National Multifamily Housing Council and the National Apartment Association. Department of Housing and Urban Development.

Construction 412

Construction Supply Chain Buyers Development 412

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

FEBRUARY 4, 2022

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. As a whole, the construction sector is still 85,000 jobs below its February 2020 level. Residential building construction employment is up 5.3%

Supply Chain 395

Supply Chain Construction Inventory Retail 395

Eyes on Housing

MAY 16, 2023

Limited existing inventory, which has put a renewed emphasis on new construction, resulted in a solid gain for builder confidence in May even as the industry continues to face several challenges, including building material supply chain disruptions and tightening credit conditions for construction loans.

Supply Chain 156

Supply Chain Inventory Construction Marketing 156

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 356

Supply Chain Housing Market Buyers Construction 356

The Robert Weiler Company

APRIL 5, 2023

Almost one-third of new warehouse space for lease is snatched up before the construction project is complete. According to a recent report from commercial real estate development association, NAIOP , there is a lot of optimism for the industrial sector, nationally, as supply chain conditions steadily improve.

Landlords 144

Landlords Tenants Logistics Real Estate 144

Housing Wire

MARCH 15, 2023

The NAHB attributes the increase to the lack of existing home inventory shifting demand to the new home market. And a follow-on effect of the pressure on regional banks, as well as continued Federal Reserve tightening, will be further constraints for acquisition, development and construction (AD&C) loans for builders across the nation.

Supply Chain 341

Supply Chain Inventory Loan Conditions Construction 341

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 374

Inventory Renovations Supply Chain Buyers 374

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

MARCH 16, 2022

While buyer demand remains high, experts say ongoing lumber and building material supply side issues , labor shortages , rising construction costs and expectations of higher interest rates are contributing to this downturn in homebuilder confidence.

Buyers 372

Buyers Supply Chain Construction Inventory 372

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 395

Housing Market Marketing Supply Chain Real Estate 395

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.” thus, increasing inventory and driving overall prices down. “These lumber prices are clearly unsustainable.

Supply Chain 446

Supply Chain Inventory Construction Market Value 446

DW Slater Company

FEBRUARY 23, 2023

The biggest answer is inventory. The inventory is still at very low levels. There are multiple reasons that inventory is still low but two major reasons, are that building costs and supply chain issues keep new construction from building as much to meet demands and existing homes are not coming on the market.

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. million new single-family construction units in 2024.

Construction 432

Construction Supply Chain Inventory Housing Market 432