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Completion data is positive news for housing market

Housing Wire

Traditionally, housing starts, permits, and completions would move together, like what we saw in 2002-2005. However, due to the supply chain lag, it took too long to build homes over the last several years. Housing permits are falling, since builders need to be more confident in building something.

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Homebuilders are primed for an even better 2024

Housing Wire

. “The new home market has been extraordinary in 2023, and I think heading into 2024, we’re going to have the golden age of new home construction,” David O’Reilly, CEO of Howard Hughes , said in a recent CNBC interview. Let’s look at the new construction forecast for 2024. Dietz estimates that the U.S. is short of 1.5

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Revolutionizing Appraisals: The Role of Blockchain Technology

Appraisal Buzz

Regulatory Concerns: Governments and regulatory bodies worldwide are still grappling with how to regulate blockchain, leading to potential legal hurdles for its adoption in appraisals. From supply chain management to voting systems and healthcare, the applications are vast.

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Opinion: Taming inflation requires making housing affordability a national priority

Housing Wire

Closing the housing supply gap will not happen overnight because it has taken some time to get where we are today. Pandemic-related supply chain snags have impacted the prices of key construction inputs like lumber, steel, and copper.

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7 Problems to Watch Out for During a Home Renovation

Eppraisal

Supply chain disruptions as experienced in recent times can lead to shortages in construction materials. Permit Problems Failing to secure the necessary permits can lead to legal consequences, fines and delays in your project. Lack of Proper Resources Inadequate resources can quickly derail a renovation project.

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

The Robert Weiler Company

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. How does the spike in housing prices affect Ohio land for sale?

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

The brighter news is that labor shortages and supply-chain disruptions are improving but it’s hardly “back to normal.” Supply-side struggles are at the root of the housing shortage, noted Robert Dietz, chief economist for the National Association of Home Builders. “I I refer to these challenges as the 5 L’s.