Housing Wire

APRIL 28, 2022

builder confidence, housing starts, homebuilder, builder, lumber, construction costs. Auld said the homebuilder started construction on 24,800 homes this quarter and homes and inventory “increased 30% from a year ago with only 600 unsold completed homes across the nation. per diluted share.” That’s up from $2.53 billion to $36.1

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Appraisal Buzz

AUGUST 16, 2022

below their revised June estimate, as erratic mortgage rates, supply chain concerns, and high prices mount to create housing affordability challenges. The post Fall in Housing Permits Gives Way to Rise in Multifamily Construction appeared first on DSNews. HUD and the Census Bureau reported housing starts dipping 9.6%

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Construction Supply Chain Appraisal Mortgage 150

Eyes on Housing

AUGUST 7, 2023

The average length of time to complete construction of a multifamily building, after obtaining authorization, was 19.8 months, according to the 2022 Survey of Construction (SOC) from the Census Bureau. months longer than in 2021, as supply-chain issues and the ongoing skilled labor shortage challenged the industry.

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Construction Supply Chain 103

Housing Wire

SEPTEMBER 21, 2021

National homebuilding titan Lennar is comfortably profitable, but company executives lament that a struggle to procure construction materials keeps them from doing more.

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Supply Chain Construction Marketing Real Estate 370

Housing Wire

FEBRUARY 2, 2022

On the other hand, they will not have the materials, labor, or efficient supply chain processes to meet that demand. For example, the National Association of Homebuilders reported Tuesday that despite sustained demand, the job openings rate in construction actually edged down 4.3% in December.

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Supply Chain Investors Construction Buyers 370

Housing Wire

JANUARY 6, 2022

In November 2021, the supply of homes for sale nationwide as a percentage of occupied residential inventory remained near historic lows at 1.19% — meaning only 119 in every 10,000 homes were for sale — much lower than the historical average of 2.5%. The majority of the supply of homes for sale come from existing homes, not new construction.

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Supply Chain Housing Market Construction Inventory 500

Housing Wire

SEPTEMBER 20, 2021

Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022. Fannie Mae dropped its projected origination volume for 2021 to $4.33 trillion from the $4.36 trillion it projected in August.

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Supply Chain Inventory Government New Listings 421

Appraisal Buzz

DECEMBER 13, 2021

The current supply chain shortage has now been impacting the real estate industry for months. Join our free upcoming webinar on December 14th at 3 pm, “ The Supply Chain Revisted ” with our hosts Greg Stephens, Bill Garber, Jessica Lynch, and James Heaslet.

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Supply Chain Construction Appraisal Real Estate 363

Appraisal Buzz

MAY 2, 2022

Construction Sites Will Stay on Schedule. construction sites. About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction. Since part of the issue is related to supply chain issues and consumer demand, there is some hope here.

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

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 (..)

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Supply Chain Construction Mortgage 193

Appraisal Buzz

JULY 12, 2021

Some of the biggest factors affecting the real estate industry are supply chain shortages – rising material prices are adding tens of thousands of dollars to the cost of a new home. Buzz: What is a supply chain shortage? . There are distinct supply chains involving residential and commercial construction.

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Supply Chain Construction Real Estate Appraisal 370

Appraisal Buzz

OCTOBER 26, 2021

Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns. The post Annual Home Price Gains Remained High in August appeared first on theMReport.com.

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Supply Chain Construction Inventory Buyers 195

Housing Wire

FEBRUARY 9, 2023

Rising mortgage rates, supply chain disruptions, elevated construction costs and a lack of skilled workers and lots all contributed to a declining housing market and worsening affordability conditions going back to the second quarter of last year,” Alicia Huey, the NAHB chairwoman, said in a statement.

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Supply Chain Housing Market Marketing Mortgage 384

Eyes on Housing

FEBRUARY 8, 2022

Supply-chain bottlenecks that put upward pressure on home prices along with rising interest rates contributed to housing affordability falling to a 10-year low.

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Supply Chain Construction 157

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.

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Supply Chain Construction Buyers Mortgage 384

Housing Wire

JUNE 17, 2021

And Lennar completed construction of a company record 14,493 homes in the past three months, while starting construction on 17,157 abodes. Despite the drop in wood costs, Lennar executives said they’re cautious with ramping up with building, due to overall concerns with the material supply chain. The business reported $6.4

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Supply Chain Construction Investing Business 466

Eyes on Housing

JUNE 3, 2022

Solid job gains continued in May, despite surging inflation, persistent supply-chain issues, and fears of a possible recession. Construction industry employment (both residential and non-residential) totaled 7.7 Residential construction gained 16,700 jobs, and non-residential construction. Read More ›

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Supply Chain Construction 131

Appraisal Buzz

NOVEMBER 22, 2021

Still hampered by supply-chain concerns, home builders slowed their pace in October, with buyers continuing to absorb a 12.3% annual increase in construction costs. The post Apps for New Home Purchases Dip 15.2% YoY in October appeared first on theMReport.com. The post Apps for New Home Purchases Dip 15.2%

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Supply Chain Construction Buyers Appraisal 150

Eyes on Housing

NOVEMBER 15, 2021

Friday’s post described how, in the construction industry, job layoffs have plunged while unfilled job positions remain elevated (according to the government’s latest Job Openings and Labor Turnover report).

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Supply Chain Construction Housing Market Marketing 166

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.

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Supply Chain Construction Housing Market Marketing 128

Housing Wire

SEPTEMBER 22, 2022

Homebuilders may have been reluctant to do so until recently as supply chain bottlenecks and labor shortages have resulted in an elevated share of homes for sale still being under construction compared to the historical norm,” according to the report by the ESR Group.

Housing Market 410

Housing Market Supply Chain Marketing Inventory 410

Housing Wire

JANUARY 13, 2023

With continued supply chain disruption, cost increases and fear of inflation , the market has felt tenuous at best. Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease.

Marketing 473

Marketing Contracts Supply Chain Project Management 473

Housing Wire

FEBRUARY 18, 2022

.” While homebuilders are getting closer to delivering new homes , they remain stymied by ongoing global supply chain issues. The good news is there are several directions from which more supply may come, said Matthew Speakman, an economist at Zillow. Garage doors are taking months to arrive, delaying closings.

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Supply Chain Inventory Buyers Contracts 410

Housing Wire

JULY 13, 2022

In January 2020, Carmel Ford of the NAHB Economics and Housing Policy Group published a special study titled Cost of Constructing a Home. As borrowing power of the buyer decreases, home demand decreases, lumber demand decreases relative to supply, and lumber prices drop. What is the impact of lumber relative to interest rates?

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Supply Chain Buyers Construction Mortgage 410

Housing Wire

JUNE 30, 2021

” Ruben Gonzalez, Keller Williams chief economist, added that he is “optimistic” new home construction will pick up. “We will continue to gain momentum through the rest of the year if we can avoid further supply chain disruptions ,” Gonzalez said.

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Supply Chain Inventory Buyers Realtors 421

Housing Wire

JULY 26, 2023

Because of historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market, major insurance carriers like State Farm and Allstate are no longer issuing new homeowner insurance policies in California.

Insurance 370

Insurance Housing Market Marketing Supply Chain 370

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. . Get started today.

Construction 68

Construction Real Estate Agent Supply Chain Real Estate 68

Housing Wire

JULY 7, 2022

Slow construction and restrictive zoning laws. One of the major causes of low inventory has been due to slowed construction. Worker shortages and supply chain issues in the pandemic further widened the inventory gap. Median home prices have risen by 60% since 1980, while median family income has only risen by 25%.

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Inventory Marketing Mortgage Supply Chain 397

Eyes on Housing

JULY 6, 2021

The disconnect—which has always existed—is inherent to the lumber supply chain and choices that must. Lumber futures prices have decreased by 52 percent (on a front-month basis) over the past seven weeks as mill prices have fallen 48 percent over the same period.[1] Read More ›

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Supply Chain Construction 205

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. Per the NAHB , January’s score of 83 was a four-month low.

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Supply Chain Construction Housing Market Inventory 432

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.

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Housing Market Supply Chain Marketing Mortgage 473

Housing Wire

MAY 25, 2021

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. “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.”

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Supply Chain Inventory Buyers Construction 410

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. Keeping You Posted.

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Supply Chain Real Estate Investors Appraisal 159

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. “Brokers across the U.S.

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Supply Chain Lending Investors Renovations 409

Housing Wire

MARCH 28, 2022

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 Everything that I thought could go wrong with the housing market has happened, and the supply chain mess has made things worse. months on a 3-month average.

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Housing Market Marketing Supply Chain Inventory 370

Housing Wire

JANUARY 2, 2024

Fifteen years ago, I launched a business on a mission to modernize and decrease friction in the real estate finance supply chain. Aggregation of supply and demand plus transaction enablement and fulfillment is at the heart of the marketplace model. Before that, I cut my teeth in bleeding-edge securities trading environments.

Mortgage 441

Mortgage Modernization Finance Supply Chain 441

Eppraisal

MAY 30, 2023

With lockdowns, supply chain disruptions, and changing consumer preferences, the industry experienced significant shifts that have had a long-term impact on its future. Some builders have turned to alternative materials, such as recycled or locally sourced products, to mitigate supply chain vulnerabilities.

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Supply Chain Construction Design Development 36