Hank Miller Team

DECEMBER 17, 2021

So what's in store for home buyers and sellers that have to make a move this spring? Buyers will again be challenged and sellers will reap the reward…until they become buyers. 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?

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Buyers Supply Chain Inventory Real Estate 98

Hank Miller Team

JANUARY 9, 2024

How can variables like local and national economic conditions, consumer debt, consumer confidence, the Fed, global supply chains, wars and conflict and a hundred other wild cards be corralled? Sellers attacked the market in early ’22 looking to capture the buyer frenzy. They cannot.

Real Estate 40

Real Estate Marketing Contracts Sellers 40

Housing Wire

FEBRUARY 29, 2024

However, with supply chain issues piling up and loan rates for builders continuing to rise, developers’ confidence is going in the opposite direction. “Theoretically, new construction should be bolstered by the acute shortage of housing on the market,” Point2 said.

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Inventory Supply Chain Construction Buyers 441

Quicken Loans

DECEMBER 16, 2021

In combination with low housing inventory and labor shortages, that drove up selling prices. These conditions make a seller’s market, meaning the seller has the upper hand. Demand is high, and supply is still low, so they can set prices higher, too. Home Inventory Will Slowly Rise. Buyer demand continued.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

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?

Real Estate 67

Real Estate Marketing Supply Chain Inventory 67

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

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on Buyers and Sellers These low loan rates are pushing buyers to risk virus exposure in search of better housing. This is good news for sellers who have suffered from a stagnate market during the first quarter of 2020. What does this mean for sellers?

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on Buyers and Sellers. This is good news for sellers who have suffered from a stagnate market during the first quarter of 2020. What does this mean for sellers? On the other hand, if the economy recovers quicker than expected, we could see Feds bring the rates up a bit to slow demand.

Real Estate 78

Real Estate Marketing Supply Chain Investors 78

Housing Wire

FEBRUARY 13, 2024

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. Inventory was the theme last year and it is shaping up to be the theme this year,” Ellison said. As of Feb. According to data from Altos Research, as of Feb.

Construction 410

Construction Supply Chain Inventory Agents 410

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

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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. Inventory Shortage Won’t Be Solved. Despite these promising trends, we likely won’t find a solution for supply shortages in 2022. 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. In 2021, 6.12

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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

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

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Supply Chain Inventory Housing Market Real Estate 432

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. 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

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. We’ve seen incredible sales numbers, houses selling faster than ever, and a low inventory of new homes. What Does Low Inventory Mean for Ohio Land for Sale? Residential Real Estate Sales.

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. Condo inventory is not much better. There is 0.6

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. Entering the housing market today is challenging for many homeowners.

Construction 195

Construction Supply Chain Buyers Retail 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. months of inventory in King, down from 0.7 Yep, me too!

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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

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines.

HOA 36

HOA Buyers Law Supply Chain 36

Will Springer Realtor

MARCH 11, 2024

This includes diligent inquiries into the current insurance and utility expenses from sellers, alongside documenting the age and expected lifespan of crucial home components, from plumbing and electrical systems to major appliances and roofs. Prospective home sellers are smart people. ELECTION YEAR EFFECT?

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Insurance Sellers Real Estate Buyers 36