Housing Wire

FEBRUARY 3, 2022

Like many parts of the economy, housing construction may remain plagued by supply chain challenges, labor shortages and rising costs. At the same time, the unemployment rate has decreased to below 4% in December, and a record 4.5

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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.

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Eppraisal

OCTOBER 20, 2023

Supply chain disruptions as experienced in recent times can lead to shortages in construction materials. Construction Project Delays Construction project delays can cost homeowners both time and money. She has also written for publications like National Association of Realtors, Building Enclosure, and McKissock.

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Housing Wire

NOVEMBER 10, 2022

The number of renters who can even afford to buy a home at the national median list price of $425,000 compared to a year ago is down 15%, according to the National Association of Realtors. . Construction lending has sort of slowed to a crawl,” Peter DiCorpo, the co-founder and COO of Black Farm Group , said.

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Eppraisal

SEPTEMBER 24, 2021

Real estate is cyclical year-over-year. Many real estate professionals believe it begins right after the Super Bowl. The 2021 fall real estate market is going to be different. The Covid-19 Pandemic The Covid-19 pandemic has had quite an impact on the real estate market the past year and a half.

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Housing Wire

JULY 28, 2021

“Sales continued to trend lower in June as some builders slow sales contracts to manage supply-chains, amidst longer delivery times and higher construction costs,” said NAHB Chairman Chuck Fowke. While lumber prices have shown some improvement in spot markets, these declines take time to translate into lower construction costs.

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Will Springer Realtor

JANUARY 24, 2023

Like other construction projects, Infinity was hampered by the pandemic, a concrete workers’ strike, supply-chain disruptions and the closure of the West Seattle Bridge. Contact Will Springer, Realtor® to learn more and please remember to visit a new condo with your real estate representative.

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Empire Appraisal Group

FEBRUARY 9, 2023

50% Rule Imperils Rebuilds in Hurricane-Hit Areas NEWS & MEDIA felixmizioznikov / Getty Images Source: 50% Rule Imperils Rebuilds in Hurricane-Hit Areas | Florida Realtors 50% Rule Imperils Rebuilds in Hurricane-Hit Areas By Derek Gilliam Some SW Fla. Richard Durling, owner of Marvin Homes in Lee County, spoke during the Nov.

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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.

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Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders. For the fifth consecutive month , U.S.

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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.” from February. from February’s estimate of 1,457,000. .

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The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. As a whole, commercial real estate has seen great success in 2022, despite rising interest rates. Surges in Residential and Commercial Real Estate, and Land Sales. Residential Real Estate Sales.

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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.

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Will Springer Realtor

JANUARY 7, 2022

We are only a couple of weeks into 2022 and the region’s residential real estate market is already getting back in motion for what should be another year of unprecedented levels of activity and incredibly high demand. The 2021 real estate market was incredibly hot and will be hard to beat,” said Lennox Scott, CEO of John L.

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