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New home sales fell again in February

Housing Wire

month-over-month in January , new home sales were down again in February, decreasing 2.0% Department of Housing and Urban Development and the U.S. Year-over-year, new home sales were down 6.2% This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. in February.

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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

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. A whopping 3,644 homes closed during that busy summer month, 15.6

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Dave Stevens on understanding this housing market

Housing Wire

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In fact, it was the skills I developed selling loans that helped develop my ability to influence policy leaders and others in industry during my time as Federal Housing Commissioner and as CEO of the Mortgage Bankers Association.

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The nation’s housing market is on a correction course

Housing Wire

The Fannie Mae report projects “strong deceleration in home-price growth going forward” due to higher mortgage rates and the overall slowing economy affecting purchase demand. Although house-price appreciation will grow at a more moderate rate, home prices [still] remain high relative to homebuyer incomes. The Beige Book.

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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

It’s safe to say we are tired of hearing the phrase “supply-chain disruption” and experiencing its effects. Analysts believe items that are now in shorter supply – major appliances, computer chips and specialty goods, to name a few – will return to shelves and front porches by the end of 2022 as the pandemic (hopefully) ebbs.

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AN URGENT CALL FOR CHANGES TO ZONING LAWS

Will Springer Realtor

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. home costs soak up 25% of the average national household wage of $64,857, as of Q3, according to ATTOM Data Solutions. Yep, me too!

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Study: Houston Real Estate And Inflation

Houston Properties

Real estate can be an inflation hedge for three reasons: Real estate holds intrinsic value. Fixed-rate mortgages are paid back in “cheaper dollars”. Benefit #1: Real Estate Holds Intrinsic Value. Benefit #2: Fixed Rate Mortgages Paid Back in “Cheaper Dollars”. Houston Home Rental (Avg). Inflation Explained.