Boston Appraisal

JULY 6, 2020

COVID-19 Impact on the Mortgage Market One of the positive results of this global pandemic is the affect it has had on the U.S. mortgage market. This dropped 30-year mortgage rates to the floor – and we are happy to say that it stayed there. Low mortgage rates mean you can get significantly more home for a much smaller payment.

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on the Mortgage Market. mortgage market. This dropped 30-year mortgage rates to the floor – and we are happy to say that it stayed there. This dropped 30-year mortgage rates to the floor – and we are happy to say that it stayed there. This is the lowest rate in 30 years. What does this mean for borrowers?

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Housing Wire

FEBRUARY 13, 2024

We are very bullish on Alabama and its long-term prospects,” Jeremy Walker, CEO of the Alabama Realtors Association , said. “We Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. As of Feb. According to data from Altos Research, as of Feb.

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Construction Supply Chain Inventory Agents 385

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. And inventory shortages are the culprit. 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. For the fifth consecutive month , U.S. million in 2020.

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Supply Chain Inventory Housing Market Contracts 399

Eppraisal

SEPTEMBER 24, 2021

According to an article written by Jared Bernstein, Jeffery Zhang, Ryan Cummings and Matthew Maury on whitehouse.gov, "The Covid-19 pandemic shifted families' preferences for location and type of housing, exacerbating existing supply chain constraints that, for several reasons, have persisted for many years.

Marketing 28

Marketing Supply Chain Real Estate Construction 28

Eyes on Housing

DECEMBER 22, 2021

Fueled by low mortgage interest rates and strong demand, existing home sales increased for a third straight month in November, according to the National Association of Realtors (NAR). However, supply has continued to lag due to ongoing supply-chain disruptions, keeping home price elevated and pricing out first-time and young buyers.

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Supply Chain Inventory Realtors Buyers 165

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. For more than a decade, housing has suffered a structural shortage of homes rooted in supply-side issues.

Construction 440

Construction Supply Chain Inventory Housing Market 440

Housing Wire

NOVEMBER 10, 2022

With mortgage rates hovering around 7% and home prices still at record highs, buyers across America are calling off the house hunt and finding multifamily apartments. . Some of his would-be buyers are renting apartments until mortgage rates markedly improve. Mortgage rates are more than double what they were at the start of the year.

Construction 435

Construction Supply Chain Buyers Development 435

Housing Wire

APRIL 20, 2022

As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. In 2021, 6.12 Real estate agents are busier than ever.

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Real Estate Agent Real Estate Agents Brokerage 400

Housing Wire

JULY 15, 2021

The National Association of Home Builders (NAHB) is joining the National Association of Realtors (NAR) in its bid to rectify the tremendous housing shortage in the U.S. Howard requested the following steps to expand access to affordable housing: Fix the building materials supply chain.

Inventory 457

Inventory Supply Chain Construction Government 457

The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market.

Marketing 78

Marketing Real Estate Investing Retail 78

Lamacchia Realty

SEPTEMBER 29, 2022

South Florida active inventory levels increased yet again in August. Increased mortgage rates have slowed the market (i.e., less active buyers), therefore, inventory is no longer being cannibalized by frenzied buyers facing extreme competition. As inventory levels keep increasing (i.e., Highlights.

New Listings 41

New Listings Supply Chain Inventory Buyers 41

Housing Wire

MARCH 8, 2021

Demand for homes will be bolstered by an improving job market, favorable demographic trends, and mortgage rates that, while rising, are still low from a historical perspective. The improving economic picture is putting upward pressure on mortgage rates, which have moved above 3% in recent weeks for 30-year fixed-rate loans.

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Supply Chain Inventory Construction Marketing 531

Housing Wire

DECEMBER 22, 2022

The challenges buyers face today are significant: higher interest rates, higher home prices, historically low inventory, increasing costs for labor and materials and supply chain challenges. Per the National Association of Realtors, the current average first-time homebuyer age is 33 years old. According to the U.S.

Housing Market 394

Housing Market Marketing Insurance Supply Chain 394

Will Springer Realtor

DECEMBER 8, 2021

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.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

JANUARY 7, 2022

The industry is prepared for another high-demand, low-inventory year, even if conditions do not quite hit the fever pitch of 2021. RETURN OF THE HELOC Historically low interest rates in 2021 prompted many homeowners to refinance their mortgages. A whopping $5T in residential mortgage loans were refinanced in the last two years.

Construction 36

Construction Real Estate Inventory Buyers 36