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 Inventory was the theme last year and it is shaping up to be the theme this year,” Ellison said. Inventory was the theme last year and it is shaping up to be the theme this year,” Ellison said. “We

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Housing Wire

MARCH 22, 2021

Rising home prices, limited inventory and the uptick in mortgage rates continued to deter some homebuyers last month as sales of existing homes fell 6.6% million, according to the National Association of Realtors. “Policymakers must address building material supply chain issues to help the economy sustain solid growth in 2021.”.

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Supply Chain Inventory Realtors Housing Market 421

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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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. But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders.

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Supply Chain Inventory Housing Market Contracts 402

Boston Appraisal

JULY 6, 2020

The chief economist for the National Association of Realtors (NAR), Lawrence Yun, predicts that “ Home sales will surely rise in the upcoming months with the economy reopening, and could even surpass one-year-ago figures in the second half of the year.” This was the lowest level since July, 2010 and is part of a three-month decline in sales.

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Real Estate Marketing Supply Chain Logistics 78

Boston Appraisal

JULY 6, 2020

The chief economist for the National Association of Realtors (NAR), Lawrence Yun, predicts that “ Home sales will surely rise in the upcoming months with the economy reopening, and could even surpass one-year-ago figures in the second half of the year.”. Much of this drop can be attributed to peaks in the pandemic during March and April.

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Real Estate Marketing Supply Chain Logistics 78

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.

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Construction Supply Chain Inventory Housing Market 450

Housing Wire

NOVEMBER 10, 2022

The number of renters who can even afford to buy a home at the national median list price of $425,000 compared to a year ago is down 15%, according to the National Association of Realtors. . The monthly mortgage payment is about $1,000 higher than a year ago,” said Nadia Evangelou, an economist at NAR.

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Construction Supply Chain Buyers Development 458

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 Are they really generating a lot of leads that way?”.

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Real Estate Agent Real Estate Agents Brokerage 421

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.

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Inventory Supply Chain Construction Government 466

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. What Does Low Inventory Mean for Ohio Land for Sale? Commercial Land Real Estate Sales.

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Marketing Real Estate Investing Retail 78

Lamacchia Realty

SEPTEMBER 29, 2022

South Florida active inventory levels increased yet again in August. less active buyers), therefore, inventory is no longer being cannibalized by frenzied buyers facing extreme competition. As inventory levels keep increasing (i.e., more supply), home price appreciation is expected to continue to decelerate. Highlights.

New Listings 41

New Listings Supply Chain Inventory Buyers 41

Housing Wire

MARCH 8, 2021

However, as industry participants know well, the challenge has been the lack of supply on the market. According to National Association of Realtors data, there was only 1.9 months supply at the current sales pace, and just over 1 million homes on the market across the country at the end of January. .

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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.

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Housing Market Marketing Insurance Supply Chain 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.

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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. With a lack of new inventory to help fill the housing pipeline, inventory was at impossibly low levels. month’s of inventory was available for all of King County homes.

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Construction Real Estate Inventory Buyers 36