Housing Wire

NOVEMBER 17, 2022

However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. For the builders, they have a new problem: they had homes under contract and then mortgage rates jumped in the biggest fashion ever recorded in history.

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Contracts Construction Supply Chain Marketing 534

Hank Miller Team

DECEMBER 17, 2021

The Jan/Feb inventory bounce always happens; and it did in 2020 until the world stopped. See the inventory bumps as we head into the first quarter? Right now (mid Dec 2021) we’re dragging the bottom for inventory; we're finding old shipwrecks, dead fish, plenty of garbage and a few Mafia bodies. Let's look at history.

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Buyers Supply Chain Inventory Real Estate 98

Housing Wire

DECEMBER 20, 2022

All the while, builders continued to face supply chain issues , labor shortages and wild fluctuations in material costs. BH: I think a lot of builders would love the opportunity to catch up on some of their projects, but for many, supply chain issues have been preventing this.

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Housing Wire

JUNE 23, 2021

Related supply chain issues have resulted in a big jump in the price of a new home over the past year. A new home sale occurs when a sales contract is signed or a deposit is accepted. . “Policymakers must take action to improve supply-chains in order to protect housing affordability.”

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Supply Chain Construction Buyers Development 429

DW Slater Company

JULY 28, 2022

The prices that we are seeing for June are really reflective of what was happening when those sales went under contract about 30 days earlier. So, we look at not just the sales prices but the supply of homes, the number of days on the market, volume, and if the homes are still selling over or under the list price.

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Real Estate Supply Chain Appraisal Housing Market 78

The Robert Weiler Company

APRIL 5, 2023

According to a recent report from commercial real estate development association, NAIOP , there is a lot of optimism for the industrial sector, nationally, as supply chain conditions steadily improve. Warehouse space is typically taller than office space, allowing you more vertical space to store inventory. Consider subleasing.

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Landlords Tenants Logistics Real Estate 144

Housing Wire

OCTOBER 18, 2021

As housing inventory remains low and buyers are continuing to face strong competition with one-third of homes going under contract within a week , many are becoming discouraged and have started looking for alternative options. Policymakers must focus on fixing the broken supply chain. Treasuries and mortgage-backed debt.

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Supply Chain Inventory Buyers Housing Market 517

Housing Wire

JULY 25, 2022

Housing demand weakened noticeably as growing concerns about affordability contributed to non-seasonal declines in sales, resulting in a slight increase in inventory and more moderate price appreciation,” states the Federal Reserve’s most recently released Beige Book report — based on data and reports current as of mid-July.

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Housing Market Marketing Supply Chain Real Estate 395

Housing Wire

FEBRUARY 25, 2021

And inventory shortages are the culprit. 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. All four areas saw contract transactions increase from a year-over-year standpoint.

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Supply Chain Inventory Housing Market Contracts 400

Housing Wire

SEPTEMBER 14, 2022

Since the spring, inventories were substantially lower in Rhode Island, Maine, and Vermont, but moderately higher in Massachusetts (including Boston proper) and New Hampshire. In New York City, as well as across most of the district, homes sales tapered off, and the inventory of available homes, though still very low, edged higher.

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Construction Real Estate Inventory Supply Chain 368

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. Just how we do contracts now is so much faster. The back end systems, when we are listing something or putting something under contract, it is all just very seamless. Brokerages Invest in Tech.

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Real Estate Agent Real Estate Agents Brokerage 370

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.”. “They’re stressed on so many fronts right now.”.

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Construction Supply Chain Investors Business 386

The Robert Weiler Company

SEPTEMBER 7, 2022

The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. We’ve seen incredible sales numbers, houses selling faster than ever, and a low inventory of new homes. What Does Low Inventory Mean for Ohio Land for Sale? Residential Real Estate Sales.

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Marketing Real Estate Investing Retail 78

Housing Wire

FEBRUARY 22, 2022

Then there are the global supply chain issues, which have frustrated small-time homebuilders like Noel and the heads of publicly traded builders alike. Owing to a historic inventory crunch, new construction is playing a more prominent role in the housing inventory landscape in decades. In December 2021, 34.1%

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Supply Chain Construction Inventory Housing Market 534

Clear Capital

FEBRUARY 25, 2022

Note that due to unprecedented conditions in spring 2020 (due to COVID restrictions) and tight inventory in spring 2021, the year-over-year numbers based upon paired sales in certain rapidly-rising markets (like Phoenix) may be overstated. Download the report , or read it below. This was the Fed’s forecast as of mid-December 2021.

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Marketing Supply Chain Real Estate Contracts 68

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. months of inventory. Inventories across the county for all home types now stand at 2.2

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Inventory Construction Supply Chain Buyers 36

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. Falling new inventory is constraining transaction volumes while also supporting higher home prices.

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Real Estate Modernization Construction Supply Chain 36

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. Condo inventory is not much better. There is 0.6

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Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

NOVEMBER 12, 2021

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. months of inventory in King, down from 0.7 Yep, me too!

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Law Inventory Real Estate Government 36

Will Springer Realtor

JANUARY 7, 2022

The industry is prepared for another high-demand, low-inventory year, even if conditions do not quite hit the fever pitch of 2021. With a lack of new inventory to help fill the housing pipeline, inventory was at impossibly low levels. month’s of inventory was available for all of King County homes.

Construction 36

Construction Real Estate Inventory Buyers 36

Will Springer Realtor

NOVEMBER 10, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. Anyone who contracts to purchase by the end of November will receive a bonus of between $10K and $30K toward the new home (depending on the number of bedrooms).

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