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DataDigest: Construction costs easing for homebuilders

Housing Wire

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. High mortgage rates and home prices quelled the surge in buyer demand, and time seems to have moderated the supply chain shocks.

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Opinion: Proptech’s big miss

Housing Wire

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. There are hundreds of companies that help with various parts of the transaction and process “supply chain,” from search and valuation to closing, from appraisal to title, from targeting to closing.

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Mortgage rates climb to 3.09%

Housing Wire

HousingWire Editor-in-Chief Sarah Wheeler and Deluxe Senior Business Development Executive Mark McGuinn discuss the challenges lenders are facing to optimize lead generation as mortgage rates fluctuate. . Rising mortgage rates and paltry inventory will make things harder for homebuyers as well. Presented by: Deluxe.

Mortgage 440
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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates? The inventory of existing homes remains quite tight at less than 2.5 The inventory of existing homes remains quite tight at less than 2.5 This additional inventory is sorely needed. What if it doesn’t?).

Marketing 452
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June Newsletter-Easing Off the Pedal

DW Slater Company

They had simulators that you sat in and gave you all kinds of tests to develop your defensive driving skills. Economic changes, policy changes, supply chain issues, social changes, and buying power can all impact real estate. Month’s Supply of Inventory. Supply is slightly up from last month. It was great!

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Fewer housing permits equate to further inventory, affordability challenges

Housing Wire

However, with supply chain issues piling up and loan rates for builders continuing to rise, developers’ confidence is going in the opposite direction. Elevated interest rates and other issues that drive up costs are also likely to keep prospective buyers on the sidelines for years to come, the analysis said.

Inventory 389
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What to expect from homebuilders in 2023

Housing Wire

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. What are you expecting to see next year in terms of supply chain issues?