Eppraisal

DECEMBER 14, 2021

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. " Housing Inventory Is Fannie Mae correct about the supply of sell-able homes in late 2021 and 2022? ." percent or so.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

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. COVID-19 Impact on Buyers and Sellers.

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

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

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list. As of Feb.

Construction 395

Construction Supply Chain Inventory Agents 395

Housing Wire

JULY 25, 2022

Housing demand weakened noticeably as growing concerns about affordability contributed to non-seasonal declines in sales, resulting in a slight increase in inventory and more moderate price appreciation,” states the Federal Reserve’s most recently released Beige Book report — based on data and reports current as of mid-July.

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

Appraisal Buzz

APRIL 11, 2022

It’s increasingly difficult for home appraisers to predict what will happen next, between seller booms and fluctuating mortgage rates. Mortgage rates dipped to record lows in 2021, then skyrocketed in early 2022. COVID-19, supply shortages and high inflation play a role in this rapid increase. More Second Home Purchases.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Housing Wire

APRIL 20, 2022

But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. Although this was not the strongest showing for new home sales due to supply chain issues, and material and labor shortages, 2021 was the best year for existing home sales since 2006.

Real Estate Agent 410

Real Estate Agent Real Estate Agents Brokerage 410

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

Housing Wire

JANUARY 20, 2021

fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. While housing continues to help lead the economy forward, limited inventory is constraining more robust growth,” said NAHB Chief Economist Robert Dietz. “A

Supply Chain 431

Supply Chain Inventory Housing Market Real Estate 431

Hank Miller Team

OCTOBER 26, 2021

The election, covid, new administration, covid, inflation, covid and continuing supply chain disasters mixed into "typical" real estate market dynamics. Sellers found that their homes needed to be accurately priced and presentable. Prices soared, inventory flew off the shelf and competition went nuts.

Housing Market 52

Housing Market Marketing Supply Chain Real Estate 52

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

The Robert Weiler Company

SEPTEMBER 7, 2022

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. We’ve seen incredible sales numbers, houses selling faster than ever, and a low inventory of new homes.

Marketing 78

Marketing Real Estate Investing Retail 78

Will Springer Realtor

MARCH 14, 2022

The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel. Similar fears exist for the energy supply, equity markets, currencies, electric and internet grids, and defense of nations aligned against Russia. The answer is “very likely, yes.”. behind Denver (64%). >>

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Appraisal Buzz

SEPTEMBER 26, 2022

There’s currently an inventory shortage, which is leading to more competition and increased prices. In 2021, more than 90% of builders reported backlogs and supply scarcity. COVID-19 caused breakdowns in the supply chain and labor shortages. Mortgage credit is tight, blocking out many potential new buyers.

Construction 195

Construction Supply Chain Buyers Government 195

Will Springer Realtor

NOVEMBER 12, 2021

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. Yep, me too! >> U.S. by the end of 2022.

Law 36

Law Inventory Real Estate Government 36

Will Springer Realtor

JANUARY 7, 2022

After a cooling off period to enjoy the holidays and avoid severe weather, buyers were back on the prowl for a new home as sellers prepped their properties for the seasonal rush. The industry is prepared for another high-demand, low-inventory year, even if conditions do not quite hit the fever pitch of 2021. Scott Real Estate.

Construction 36

Construction Real Estate Inventory Buyers 36

Will Springer Realtor

NOVEMBER 10, 2023

That’s when the building developer offers to “buy down” the mortgage interest rate as part of a promotion to keep homes selling in this less-than-friendly housing environment. are offering the buydown, which can lower the mortgage interest by about one or two percentage points for lengths ranging from one year to the full term of the loan.

HOA 36

HOA Buyers Law Supply Chain 36

Will Springer Realtor

MARCH 11, 2024

Some are even considering forgoing insurance altogether, risking their financial security once mandated by mortgage lenders. Prospective home sellers are smart people. A survey revealed that nine in 10 consumers are anxious about escalating homeowners insurance costs, with 27% contemplating relocation to escape the financial strain.

Insurance 36

Insurance Sellers Real Estate Buyers 36