Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Slow construction and restrictive zoning laws.

Inventory 393

Inventory Marketing Mortgage Supply Chain 393

Eyes on Housing

FEBRUARY 9, 2023

Mirroring a steep rise in mortgage rates that began in the early part of 2022 and coupled with ongoing building material supply chain bottlenecks that increased construction costs, housing affordability posted three consecutive quarterly declines in 2022 and now stands at its lowest level since the National Association of Home Builders (NAHB) began (..)

Supply Chain 203

Supply Chain Construction Mortgage 203

Housing Wire

FEBRUARY 9, 2023

Despite this, the NAHB is optimistic that the recent drop in mortgage rates over the past two months might signal that affordability conditions may have reached their low point for this cycle of the housing market. In addition, Q4 also saw average mortgage rates reach a series high of 6.80%.

Supply Chain 382

Supply Chain Housing Market Marketing Mortgage 382

Housing Wire

NOVEMBER 10, 2022

Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! This of course led some people to believe that bond yields and mortgage rates would go much higher today.

Mortgage 534

Mortgage Supply Chain Housing Market Marketing 534

Housing Wire

MARCH 3, 2023

Inflation is hot, so why aren’t mortgage rates over 10% like we saw in the 1970s? Mortgage rates have trended up to over 7% while the 10-year yield has been around 4%, so everything is in the top-end range of my 2023 forecast. This is a good question because the answer can clear many things up with inflation and mortgage rates.

Mortgage 442

Mortgage Supply Chain Construction Marketing 442

Eyes on Housing

SEPTEMBER 21, 2022

The August drop in building permits indicates that the housing market is continues to cool as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market. In August, housing starts rebounded but housing permits declined for the second straight month.

Supply Chain 177

Supply Chain Construction Housing Market Marketing 177

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 382

Supply Chain Construction Buyers Mortgage 382

Housing Wire

SEPTEMBER 22, 2022

The latest forecast also projects total mortgage origination activity at $2.44 The mortgage market is projected to slip further to $2.17 Over the past couple months, this number (supply of completed homes) has begun to move upward, suggesting homebuilders may soon offer greater price concessions to drive sales.”.

Housing Market 404

Housing Market Supply Chain Marketing Inventory 404

Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates?

Marketing 450

Marketing Mortgage Supply Chain Inventory 450

Housing Wire

JULY 13, 2022

Over the same time period, here is what happened to 30-year mortgage interest rates: 4% in 2019 3% in 2021 6% in 2022. In January 2020, Carmel Ford of the NAHB Economics and Housing Policy Group published a special study titled Cost of Constructing a Home. What is the impact of lumber relative to interest rates?

Supply Chain 404

Supply Chain Buyers Construction Mortgage 404

Housing Wire

FEBRUARY 18, 2022

from December and mortgage rates shot up 30 basis points. 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. “While the 6.7

Supply Chain 404

Supply Chain Inventory Buyers Contracts 404

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 464

Housing Market Supply Chain Marketing Mortgage 464

Housing Wire

JUNE 30, 2021

The strong increase in home sales and transactions in May —following a dip in April — was a surprise, per Lawrence Yun, National Association of Realtors chief economist, who attributed the home sales increase to mortgage rates remaining below 3%, as well as an uptick, nationally, in listings. year over year.

Supply Chain 414

Supply Chain Inventory Buyers Realtors 414

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. “And unfortunately, a slowdown in starts and permits shows the new home supply, while much higher than pre-pandemic levels, will not be increasing soon.”

Supply Chain 404

Supply Chain Inventory Buyers Construction 404

McKissock

JULY 17, 2022

The increase in housing demands has created numerous opportunities for homebuilders, but at the same time, the labor shortage and global supply chain shutdowns due to the pandemic has made these opportunities hard to come by. . Encourage your clients to do their research, shop around, and apply to various lenders for more options.

Construction 68

Construction Real Estate Agent Supply Chain Real Estate 68

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. 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 The monthly supply rose to 6.3

Housing Market 370

Housing Market Marketing Supply Chain Inventory 370

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 403

Supply Chain Lending Investors Renovations 403

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 424

Supply Chain Construction Housing Market Inventory 424

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

Housing Wire

FEBRUARY 3, 2022

Thanks to a boom in the housing market and a historic refinance market, the past two years have been a favorable period for the mortgage market. In the process, a historic $9 trillion of mortgage loans were closed over two years. What are the implications for the mortgage market? 2022 Forecast series.

Housing Market 404

Housing Market Marketing Supply Chain Mortgage 404

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 404

Construction Supply Chain Inventory Agents 404

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 370

Insurance Housing Market Marketing Agents 370

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 382

Supply Chain Construction Inventory Finance 382

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. Mitigating factors, however, were that millennials were eager to buy first homes and mortgage rates were low.

Supply Chain 69

Supply Chain Home Value Inventory Construction 69

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 450

Construction Supply Chain Buyers Development 450

Housing Wire

NOVEMBER 16, 2021

Mortgage applications for new home purchases dipped by 15.2% year-to-year in October, according to a monthly builder survey published by the Mortgage Bankers Association this week. In September , the average mortgage loan size of new homes clocked in at $408,522, the survey found. Recent U.S. of loan applications.

Supply Chain 477

Supply Chain Mortgage Construction Buyers 477

Housing Wire

FEBRUARY 15, 2023

The NAHB attributes the increase to the slight easing of mortgage rates , which the trade organization feels is a signal that the housings market might be turning, despite builders still dealing with high construction costs and supply chain issues. Builders are continuing to offer a variety of incentives.

Mortgage 404

Mortgage Supply Chain Housing Market Construction 404

Will Springer Realtor

JULY 12, 2023

Seattle leads the nation in construction cranes. Multi-family construction is still moving forward but most of the residential buildings will become apartments. This may help lower monthly rents but the overall construction industry continues to face challenges. This year’s banking crisis – where three U.S.

Supply Chain 28

Supply Chain Construction Law Development 28

Hank Miller Team

DECEMBER 17, 2021

Is new construction the answer? Supply chain issues, cost of land and labor, permit and paperwork delays (blame it all on Covid) and more will likely take a year to straighten out. Today (12/16/21) there was continued chatter about the Fed acting to combat historic inflation, mortgage rates will be impacted and rise.

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

Housing Wire

MAY 19, 2022

Skyrocketing mortgage rates and a slowdown in new home constructions led to a drop in home purchases in April. Mortgage applications for new home purchases dropped 10.6% in April from the same period last year, according to the Mortgage Bankers Association builder application survey. Homebuilders constructed about 1.23

Supply Chain 424

Supply Chain Construction Mortgage Development 424

Housing Wire

MARCH 23, 2022

This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. months supply. Experts say that continued supply chain issues , labor shortages , rising material costs and rising interest rates are to blame. “As This is an increase of 3.3% after a 10.4%

Supply Chain 382

Supply Chain Housing Market Buyers Construction 382

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 510

Mortgage Construction Supply Chain Housing Market 510

Eppraisal

DECEMBER 14, 2021

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? ." percent or so.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Housing Wire

NOVEMBER 17, 2023

Permits for future construction also jumped 1.1% Builder confidence declined again on Thursday for the fourth consecutive month as elevated mortgage rates have dampened homebuyer demand. The Northeast did not perform as well as weather, supply chain issues, and difficulties getting permits hampered construction.

Supply Chain 423

Supply Chain Construction Finance Development 423

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. Demand is high, and supply is still low, so they can set prices higher, too. Census Bureau. Interest Rates Will Rise.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

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