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.

Insurance 362

Insurance Housing Market Marketing Agents 362

Hank Miller Team

DECEMBER 17, 2021

So what's in store for home buyers and sellers that have to make a move this spring? Buyers will again be challenged and sellers will reap the reward…until they become buyers. Is new construction the answer? Smart sellers of desirable homes will exploit this and push prices adding to the maelstrom. Probably not.

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. Some sought out properties that could support home offices, while others simply didn’t want to miss out on the low mortgage rates. These conditions make a seller’s market, meaning the seller has the upper hand. Home Inventory Will Slowly Rise.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Eppraisal

DECEMBER 14, 2021

Again, good news for sellers; a headache for seekers. 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 " Housing Inventory Is Fannie Mae correct about the supply of sell-able homes in late 2021 and 2022? ."

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

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. COVID-19 Impact on Buyers and Sellers.

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

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

JULY 25, 2022

The Fannie Mae report projects “strong deceleration in home-price growth going forward” due to higher mortgage rates and the overall slowing economy affecting purchase demand. Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”.

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

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. More Second Home Purchases.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Will Springer Realtor

DECEMBER 8, 2021

It’s safe to say we are tired of hearing the phrase “supply-chain disruption” and experiencing its effects. Analysts believe items that are now in shorter supply – major appliances, computer chips and specialty goods, to name a few – will return to shelves and front porches by the end of 2022 as the pandemic (hopefully) ebbs.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Housing Wire

JANUARY 20, 2021

fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. Homebuilder confidence in the U.S. A resurgence of coronavirus cases also contributed to the weakening number. But builder sentiment overall remains strong, per NAHB officials.

Supply Chain 423

Supply Chain Inventory Housing Market Real Estate 423

Will Springer Realtor

JULY 13, 2023

Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. We certainly see that in all forms of residential real estate – from new construction to finding items for the home.

Construction 36

Construction Supply Chain Real Estate Development 36

Appraisal Buzz

SEPTEMBER 26, 2022

In 2021, more than 90% of builders reported backlogs and supply scarcity. COVID-19 caused breakdowns in the supply chain and labor shortages. Building entire neighbors can encourage large-scale construction. Immigration policies can impact construction because the industry relies on them for labor. Try Upzoning.

Construction 195

Construction Supply Chain Buyers Retail 195

Will Springer Realtor

MARCH 14, 2022

The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel. Similar fears exist for the energy supply, equity markets, currencies, electric and internet grids, and defense of nations aligned against Russia. The answer is “very likely, yes.”. behind Denver (64%). >>

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

The Robert Weiler Company

SEPTEMBER 7, 2022

Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. As the housing shortage and supply chain issues pressured rent prices and home values, residential land (and industrial land) experienced a rise in demand. The only low point is new construction starts.

Marketing 78

Marketing Real Estate Investing Retail 78

Will Springer Realtor

JANUARY 7, 2022

After a cooling off period to enjoy the holidays and avoid severe weather, buyers were back on the prowl for a new home as sellers prepped their properties for the seasonal rush. Buyers will continue to outstrip sellers but with slightly less intensity than in recent years. Scott Real Estate. The biggest variable is Covid.

Construction 36

Construction Real Estate Inventory Buyers 36

Will Springer Realtor

NOVEMBER 10, 2023

That’s when the building developer offers to “buy down” the mortgage interest rate as part of a promotion to keep homes selling in this less-than-friendly housing environment. are offering the buydown, which can lower the mortgage interest by about one or two percentage points for lengths ranging from one year to the full term of the loan.

HOA 36

HOA Buyers Law Supply Chain 36

Will Springer Realtor

NOVEMBER 12, 2021

Seattle’s zoning regulations call for inclusionary housing in multifamily construction but most developers pay penalties instead of providing affordable units. From semiconductor chips for cars to holiday toys, artificial Christmas trees to specialty liquors, consumer goods are short in supply and taking longer to reach their destination.

Law 36

Law Inventory Real Estate Government 36

Will Springer Realtor

MARCH 11, 2024

Some are even considering forgoing insurance altogether, risking their financial security once mandated by mortgage lenders. Prospective home sellers are smart people. A survey revealed that nine in 10 consumers are anxious about escalating homeowners insurance costs, with 27% contemplating relocation to escape the financial strain.

Insurance 36

Insurance Sellers Real Estate Buyers 36