Housing Wire

APRIL 22, 2022

The mortgage market is facing a crisis today, and it’s being fueled by fast-rising interest rates. The mortgage industry, really the entire economy, is coping with fast-rising inflation further aggravated by jammed-up supply chains, the escalating war in Ukraine, and the related, expanding sanctions that are whipsawing the global economy.

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Housing Wire

APRIL 20, 2022

But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. The agents who spoke with RealTrends all viewed any time spent developing leads and cultivating relationships that will help them grow their client base as productive. Brokerages Invest in Tech. In 2021, 6.12

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Housing Wire

APRIL 21, 2022

Last May, Sam Khater, chief economist for Freddie Mac , the government-sponsored enterprise and mortgage purchaser, issued a report with the grim conclusion: “Inventory of both new and existing homes for sale is currently at a historical low.”. “Homebuilders are at a crossroads,” McCoy said. They’re stressed on so many fronts right now.”.

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The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. New development projects also remain strong. Commercial Real Estate Sales.

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Will Springer Realtor

JULY 13, 2023

Local government, developers, architects and others will need to step up and take responsibility for the sake of our city. The brighter news is that labor shortages and supply-chain disruptions are improving but it’s hardly “back to normal.” We’ll have new incentives, and quite frankly, this will inform our budget,” he said.

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Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. Legislation related to transit-oriented development did not pass. Kitchen and bath professionals are reporting 3.9-month

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Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. In fact, mortgage demand rose as interest rates fell following October’s slowdown of inflation growth.

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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. Developers can build only so many new homes at a time!

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Will Springer Realtor

NOVEMBER 12, 2021

shows a link between heart health and inclusionary zoning, where local governments require developers of new multifamily buildings to set aside a certain number of units for low-income housing. Economists generally believe the Fed’s easing will increase bond yields and, in theory, send mortgage interest rates higher. Yep, me too!

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Will Springer Realtor

NOVEMBER 10, 2023

We can look back to post-World War II when HOAs helped to create the initial segregation of the suburbs with planned developments – such as Levittown in New York – and gated communities. Buyers must qualify for the mortgage at the highest rate in the offer. It’s called a buydown. It’s working well for both builders and buyers.

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Will Springer Realtor

JANUARY 7, 2022

“Headwinds the real estate market will face in 2022 include affordability, inflation in the economy, the potential of higher taxes and additional economic factors (including supply chain issues and struggles to fill empty positions).”. A whopping $5T in residential mortgage loans were refinanced in the last two years.

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