Remove Contracts Remove Development Remove Marketing Remove Supply Chain
article thumbnail

The state of the homebuilding market

Housing Wire

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. With continued supply chain disruption, cost increases and fear of inflation , the market has felt tenuous at best. Homebuilding Contract Values.

Marketing 469
article thumbnail

Opinion: The “profitless boom” in residential construction

Housing Wire

Builders are having to delay project start times, resulting in cost blowouts and developments not being completed. Be cautious when signing fixed-price contracts. It’s taking some building companies to the breaking point after more than a year of supply shortages. Enter into contracts that are malleable to market prices.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opinion: What the ICE-Black Knight merger means

Housing Wire

The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected. Many industries began to deploy electronic supply chains in the 1980’s. Lenders began to define the “trust model” of standards, contracts and shared services necessary to achieve cross industry interoperability.

article thumbnail

The Forecast for the Atlanta Real Estate Market in 2024

Hank Miller Team

What is the forecast for the Atlanta real estate market in 2024? Contrary to most every regional and national prognosticator, the only legitimate answer is "it depends" It's critical to understand prior markets, look for patterns, and temper that with current economic conditions. They cannot.

article thumbnail

Underwriter shortage slowing the pace of private-label deals

Housing Wire

The supply-chain bottleneck afflicting the global economy has its own counterpart in the world of residential mortgage-backed securities, also referred to as RMBS. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. RMBS market.

article thumbnail

CONDO NEWS

Will Springer Realtor

Developers are also facing the constraints of local government and their constituents. This last item should help reduce concerns from developers about defect liability and prompt more construction of market-rate condos of all sizes and price ranges. fourth-floor home for $1.72M ($1387/sq. fourth-floor home for $1.72M ($1387/sq.

article thumbnail

New home sales fall to lowest pace in a year

Housing Wire

in May to a 769,000 seasonally adjusted annual rate, according to data released Wednesday by the Department of Housing and Urban Development and the U.S. above where they were a year ago, when COVID-related procedures froze the new home market in place. A new home sale occurs when a sales contract is signed or a deposit is accepted.