Housing Wire

APRIL 7, 2022

Purchase mortgage rates have risen faster in the last three months than at any time since May 1994, climbing ever closer to the 5% mark due to a combination of rising inflation , the war in Ukraine, and disruptions to the supply chain. Another index shows mortgage rates even higher. Mortgage rates have increased 1.5

Mortgage 381

Mortgage Supply Chain Inventory Investors 381

Housing Wire

MARCH 16, 2022

Interest in residential mortgages fell 1.2% for the week ending March 11 as mortgage rates rose to their highest levels since May 2019, according to the Mortgage Bankers Association ‘s latest survey. The MBA found that the adjustable-rate mortgage share of the activity increased to 5.6% of total applications.

Supply Chain 366

Supply Chain Mortgage Contracts Government 366

Housing Wire

OCTOBER 21, 2021

The average 30-year-fixed rate mortgage climbed to 3.09% during the week ending Oct. 21, rising from 3.05% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.80%. The MBA has forecast purchase mortgage volume to hit a record $1.73

Mortgage 440

Mortgage Supply Chain Inventory Development 440

Housing Wire

JANUARY 6, 2022

Any market characterized by rising demand against insufficient supply is Econ 101 for price growth. Many of these supply-side challenges facing builders existed prior to the pandemic but have worsened considerably over the course of the pandemic. You can’t buy what’s not for sale. It’s not all bad news, however.

Supply Chain 497

Supply Chain Housing Market Construction Inventory 497

Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates?

Marketing 452

Marketing Mortgage Supply Chain Inventory 452

Housing Wire

SEPTEMBER 22, 2022

The latest forecast also projects total mortgage origination activity at $2.44 The mortgage market is projected to slip further to $2.17 Over the past couple months, this number (supply of completed homes) has begun to move upward, suggesting homebuilders may soon offer greater price concessions to drive sales.”.

Housing Market 403

Housing Market Supply Chain Marketing Inventory 403

Housing Wire

APRIL 8, 2022

A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Of the six index components, a survey-high of 69% of respondents expect mortgage rates to continue their upward trend over the next 12 months. It’s a depressing combination. points to 73.2

Supply Chain 417

Supply Chain Housing Market Inventory Mortgage 417

Housing Wire

FEBRUARY 1, 2022

“As we move further into 2022, economic factors – such as new home building and a rise in mortgage rates – are in motion to help relieve some of this pressure and steadily temper the rapid home price acceleration seen in 2021,” said Frank Nothaft, chief economist at CoreLogic. months of supply.

Supply Chain 407

Supply Chain Inventory Mortgage Housing Market 407

Eyes on Housing

JANUARY 20, 2022

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR).

Supply Chain 193

Supply Chain Realtors Inventory Buyers 193

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% from December and mortgage rates shot up 30 basis points. ” While homebuilders are getting closer to delivering new homes , they remain stymied by ongoing global supply chain issues. January sales fell 2.3%

Supply Chain 407

Supply Chain Inventory Buyers Contracts 407

Housing Wire

JUNE 30, 2021

Pending home sales reached its highest mark for the month of May since 2005, up 8% from the previous month of April as low inventory continues driving buyers to snatch up available real estate. “Home price growth will steadily moderate with increased supply, but a broad and prolonged decline in prices is unlikely,” Yun said.

Supply Chain 417

Supply Chain Inventory Buyers Realtors 417

Housing Wire

DECEMBER 13, 2022

from a year ago, suggesting that supply-chain issues may be easing. 2023’s forward thinkers are investing in mortgage tech now. Mortgage rates have been declining after hitting its recent peak about a month ago at 7.16%. Excluding food and energy prices, the so-called core CPI rose 0.2% year-over-year.

Housing Market 389

Housing Market Marketing Supply Chain Inventory 389

Housing Wire

MAY 25, 2021

In this webinar, MCT COO Phil Rasori and expert guest panelists will review how mortgage lenders can overcome common challenges selling their loans on the secondary market. Higher material costs , a lack of inventory and labor continue to drive demand, pushing up home prices. Presented by: MCT.

Supply Chain 406

Supply Chain Inventory Buyers Construction 406

Housing Wire

MAY 7, 2021

HousingWire spoke to housing market economists and mortgage industry veterans to get their take on how they believe the jobs report will impact the mortgage and housing industries. “Additionally, supply chain challenges across the economy are likely impeding the pace of activity and pushing up input costs for many employers.

Housing Market 467

Housing Market Supply Chain Marketing Mortgage 467

Housing Wire

JUNE 23, 2023

Some of the best performing stocks in America this year are from large, national homebuilders – strong consumer demand , limited competition from the existing home sales market , and an improving supply chain have boosted their outlooks. from April, and up 5.7% from May 2022, to 1.63 million. “Our

Supply Chain 347

Supply Chain Construction Buyers Mortgage 347

Housing Wire

JUNE 18, 2021

In doing so, he noted, three-quarters of the supply chain simply wasn’t produced. In an economic outlook panel at HousingWire’s Engage.marketing event on Thursday, Duncan explained that in the 2007 to 2009 downturn, the industry went from building 2.2 million units to 600,000, and stayed around that level for three years.

Supply Chain 328

Supply Chain Housing Market Marketing Inventory 328

Housing Wire

MARCH 28, 2022

However, since I had the possibility of the 10-year yield getting to 2.42% and 4% plus mortgage rates, I accounted for that in the range. The one thing that has happened in 2022 that has been worse is that national inventory levels have worsened in 2022 to start the year. Inventory has been falling for years.

Housing Market 310

Housing Market Marketing Supply Chain Inventory 310

Housing Wire

FEBRUARY 18, 2021

Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman. Inventory remains low, as well. The post Supply chain issues still stymieing homebuilders appeared first on HousingWire.

Supply Chain 425

Supply Chain Construction Housing Market Inventory 425

Housing Wire

NOVEMBER 30, 2021

Purchase mortgage originations in total are expected to grow 9% to a new record of $1.73 trillion in 2022, according to the Mortgage Bankers Association – non-QM will be part of that, of course. Housing supply shortage. The housing supply constraints on the market also open up a few opportunities for non-QM growth.

Supply Chain 317

Supply Chain Lending Investors Renovations 317

DW Slater Company

JUNE 16, 2022

Economic changes, policy changes, supply chain issues, social changes, and buying power can all impact real estate. The Fed just made the biggest rate hike since 1994 , we continue to have supply chain issues and inflation seems to be everywhere. Mortgage rates are already moving up and are projected to move higher.

Supply Chain 159

Supply Chain Real Estate Investors Appraisal 159

Hank Miller Team

NOVEMBER 8, 2021

Trying to predict any market; stock, bond, mortgage, real estate or other type is a measured guess at best. Toss in a global pandemic, global supply chain issues along with global inflation and the challenge is exacerbated. The two main drivers; low mortgage rates and historically low inventory.

Supply Chain 98

Supply Chain Inventory Housing Market Government 98

Housing Wire

APRIL 15, 2022

A blog by two Fannie Mae researchers — Rachel Zimmerman, market research advisor, and Kim Betancourt, senior director of economics and multifamily research — published this week said that consumer perception around housing affordability is in part contributing to inventory constraints. “So you know, people who have a 3% mortgage or a 3.5%

Inventory 383

Inventory Supply Chain Mortgage Marketing 383

Eppraisal

MARCH 25, 2022

From the Russian invasion of Ukraine to continued supply chain disruptions to increasing urban crime to inflation -- always inflation -- we are bombarded with challenging circumstances and pessimistic forecasts. Freddie Mac -- the federally-backed mortgage investor -- reports that mortgage rates dipped from 3.89

Supply Chain 36

Supply Chain Real Estate Marketing Sellers 36

Eppraisal

MARCH 17, 2023

From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. Prior to COVID, i.e. March of 2020, inventory was already falling. economy, home building prominent among them.

Supply Chain 69

Supply Chain Home Value Inventory Construction 69

Hank Miller Team

DECEMBER 17, 2021

The Jan/Feb inventory bounce always happens; and it did in 2020 until the world stopped. See the inventory bumps as we head into the first quarter? Right now (mid Dec 2021) we’re dragging the bottom for inventory; we're finding old shipwrecks, dead fish, plenty of garbage and a few Mafia bodies. Let's look at history.

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

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. The Price of Money Another financial prophecy for the winter months is that mortgage interest rates will go up -- a 30-year fixed rate product is expected to increase by 3.5 percent or so.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Hank Miller Team

OCTOBER 6, 2022

This was the heart of the pandemic – also when the government handed out trillions and artificially held down mortgage rates. Housing and the Economy Chatter about an onslaught of inventory is also premature, a look at Atlanta housing inventory shows no signs of trouble. for active listings +26.1 for contracted homes +32.8

Supply Chain 52

Supply Chain Contracts Housing Market Inventory 52

Housing Wire

DECEMBER 20, 2022

All the while, builders continued to face supply chain issues , labor shortages and wild fluctuations in material costs. BH: I think a lot of builders would love the opportunity to catch up on some of their projects, but for many, supply chain issues have been preventing this.

Supply Chain 358

Supply Chain Construction Inventory Finance 358

Quicken Loans

DECEMBER 16, 2021

Mortgage rates dropped down to record lows that carried through much of 2021. In combination with low housing inventory and labor shortages, that drove up selling prices. Some sought out properties that could support home offices, while others simply didn’t want to miss out on the low mortgage rates. Buyer demand continued.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

MARCH 18, 2021

For the third consecutive week, mortgage rates pushed past 3% – with the average mortgage rate for a 30-year fixed loan up four basis points last week to 3.09%, according to Freddie Mac ’s Primary Mortgage Market Survey. Increased inventory was the initial hope.

Supply Chain 533

Supply Chain Mortgage Buyers Inventory 533

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 374

Inventory Renovations Supply Chain Buyers 374

Housing Wire

MARCH 23, 2022

This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. months supply. Inventory is at a record low and homes are selling within a week of being listed – more than two weeks faster than they did in February 2020.”. This is an increase of 3.3% This is an increase of 3.3%

Supply Chain 356

Supply Chain Housing Market Buyers Construction 356

Housing Wire

APRIL 16, 2021

“An extremely tight supply of existing homes for sale combined with still-favorable mortgage rates and an improving labor market will continue to support demand for new housing. That’s depleting inventory across the country. Suburban multifamily housing construction is also benefitting from this trend.”

Inventory 545

Inventory Housing Market Marketing Supply Chain 545

Quicken Loans

MAY 5, 2022

What you might find interesting is that mortgage pricing has actually gotten better in the aftermath of the announcement. Very high inventories along with lots of imports relative to what we export were largely responsible for bringing down the number. We break down exactly what happened.

Supply Chain 49

Supply Chain Investing Investors Mortgage 49

DW Slater Company

FEBRUARY 23, 2023

The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. The demand for housing decreased with the higher mortgage rates as it decreased buyer power. The biggest answer is inventory. The inventory is still at very low levels.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

Housing Wire

JUNE 19, 2023

For the first time in nearly a year, homebuilder confidence moved into positive territory thanks to strong consumer demand , limited competition from the existing home sales market , and an improving supply chain. The score in June was 55, up five points from May.

Supply Chain 443

Supply Chain Development Inventory Buyers 443

DW Slater Company

JULY 28, 2022

So, we look at not just the sales prices but the supply of homes, the number of days on the market, volume, and if the homes are still selling over or under the list price. A rise in mortgage rates has certainly, slowed down the frenzied market. We will be watching the impact of rising rates, inflation and supply chain issues.

Real Estate 78

Real Estate Supply Chain Appraisal Housing Market 78