Housing Wire
JUNE 30, 2021
The strong increase in home sales and transactions in May —following a dip in April — was a surprise, per Lawrence Yun, National Association of Realtors chief economist, who attributed the home sales increase to mortgage rates remaining below 3%, as well as an uptick, nationally, in listings. year over year. . year over year. All four U.S.
Housing Wire
FEBRUARY 18, 2022
annually to $350,000, according to the Friday report from the National Association of Realtors. The supply of homes for sale fell to a record low, down 16.5% months of supply; a healthy market generally has between four and six months of supply. January sales fell 2.3% from a year ago. That translates to just 1.6
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Housing Wire
AUGUST 7, 2023
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. Realtors have a structural advantage as the listing event is the signal to downstream transactions.
Eppraisal
OCTOBER 20, 2023
Supply chain disruptions as experienced in recent times can lead to shortages in construction materials. Detailed documentation of all project-related communications such as contracts and meeting notes is essential. She has also written for publications like National Association of Realtors, Building Enclosure, and McKissock.
Housing Wire
JULY 28, 2021
Sales continued to trend lower in June as some builders slow sales contracts to manage supply-chains, amidst longer delivery times and higher construction costs,” said NAHB Chairman Chuck Fowke. The June number follows downward revisions to the May estimate and marks the lowest rate since April 2020. on a year-to-date basis.
Housing Wire
FEBRUARY 25, 2021
in January from December, according to a report from the National Association of Realtors. 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. For the fifth consecutive month , U.S.
Housing Wire
DECEMBER 5, 2022
It created a massive demand for home purchases as consumers competed to win a sales contract and get a home with a low single digit interest rate. Supply chain shortages, many of which remain still today, meant that everything from new cars to basic random length lumber costs skyrocketed.
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