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The state of the homebuilding market

Housing Wire

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
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FHFA to increase GSE fourth-party oversight

Housing Wire

The Federal Housing Finance Agency (FHFA) will increase its oversight of fourth parties – companies that contract with firms doing business with Fannie Mae and Freddie Mac. For the FHFA, the pandemic “demonstrated the fragility of the supply chain and raised awareness of fourth-party risk,” the report said.

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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.

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Opinion: What the ICE-Black Knight merger means

Housing Wire

Many industries began to deploy electronic supply chains in the 1980’s. Technology hasn’t been the barrier since 1998 when Equifax, and later other firms, developed systems to secure complex, multi-party transactions over the Internet. Consumers, communities and taxpayers are major beneficiaries.

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The Lasting Impact of COVID-19 on the Homebuilding Industry

Eppraisal

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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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.

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The Forecast for the Atlanta Real Estate Market in 2024

Hank Miller Team

How can variables like local and national economic conditions, consumer debt, consumer confidence, the Fed, global supply chains, wars and conflict and a hundred other wild cards be corralled? Number of Homes in Greater Atlanta Listings typically trail contracts and closings, that's clear as listings ballooned as rates jumped.