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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DW Slater Company

JULY 28, 2022

The temperatures may be hot but our markets are starting to cool. The housing markets have been experiencing extremely high rates of price appreciation as home prices are up in our markets by 17-29% from the same time last year. How can I say the markets are cooling if the prices are still up? Days on Market.

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Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Overall, annual mortgage origination levels are expected to be $2.8

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Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. So when I talk to loan originators today, I harken back to my early days when fixed mortgage rates were over 14% and there were absolutely no refinances to be had.

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Hank Miller Team

DECEMBER 17, 2021

It’s with a MASSIVE dose of “we think” that we offer our latest opinions (12/16/21) for the first quarter of the 2022 North Atlanta real estate market. Supply chain issues, cost of land and labor, permit and paperwork delays (blame it all on Covid) and more will likely take a year to straighten out. Probably not. Be flexible.

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Housing Wire

DECEMBER 20, 2022

All the while, builders continued to face supply chain issues , labor shortages and wild fluctuations in material costs. As a result, I think it has actually insulated some aspects of the market. What are you expecting to see next year in terms of supply chain issues?

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Will Springer Realtor

JULY 12, 2023

Many of them hold mortgages from commercial/office landlords who are struggling through low occupancy rates in urban zones (see story above). 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.

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Housing Wire

OCTOBER 18, 2021

Homebuilder confidence continued to rise in October despite increasing affordability issues due to rising material prices and ongoing shortages, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report released on Monday. Treasuries and mortgage-backed debt.

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Housing Wire

FEBRUARY 25, 2021

Despite the decline, many industry observers see big potential for the housing market in the year ahead. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. All four areas saw contract transactions increase from a year-over-year standpoint.

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Housing Wire

APRIL 22, 2022

The mortgage market is facing a crisis today, and it’s being fueled by fast-rising interest rates. That economic environment has led to spiking interest rates driven by a hawkish Federal Reserve policy and free-market forces — with rates up more than 1.5 percentage points since the beginning of the year and still rising.

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Housing Wire

APRIL 20, 2022

In their place are slick videos, glossy Instagram marketing photos and digital business cards. “I 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. Brokerages Invest in Tech.

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Housing Wire

SEPTEMBER 14, 2022

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. The Fed’s Federal Open Market Committee is slated to meet July 26-27. “A

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The Robert Weiler Company

SEPTEMBER 7, 2022

Reports have revealed a strong land market. See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. land market.

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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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Will Springer Realtor

MARCH 14, 2022

This is in no way an effort to downplay the unfolding tragedy or appear tone deaf, but it is a fair question: Will residents in our region face economic challenges so severe that it will affect the real estate market? The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel.

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Will Springer Realtor

JULY 13, 2023

The brighter news is that labor shortages and supply-chain disruptions are improving but it’s hardly “back to normal.” The ongoing decline in residential lending has been fueled by higher mortgage interest rates and consumer price inflation. >> Seattle is rated the 11 th -best place to raise a family in the U.S.,

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Will Springer Realtor

MAY 9, 2023

The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Kitchen and bath professionals are reporting 3.9-month

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Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. This is far beyond a “seasonal norm” and reflects a market correction following two-plus years of pandemic-driven price appreciation. The market had to slow down at some point.

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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. homes on the market in Q2, compared with 11.5%

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Will Springer Realtor

NOVEMBER 10, 2023

That’s when the building developer offers to “buy down” the mortgage interest rate as part of a promotion to keep homes selling in this less-than-friendly housing environment. are offering the buydown, which can lower the mortgage interest by about one or two percentage points for lengths ranging from one year to the full term of the loan.

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Will Springer Realtor

JANUARY 7, 2022

We are only a couple of weeks into 2022 and the region’s residential real estate market is already getting back in motion for what should be another year of unprecedented levels of activity and incredibly high demand. The 2021 real estate market was incredibly hot and will be hard to beat,” said Lennox Scott, CEO of John L.

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