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New Home Construction Expectations for 2022

Appraisal Buzz

Of course, the construction industry has been facing some pressing challenges, including hitches in global and national supply chains. Supply Prices May Begin to Drop. The supply chain crisis has been arguably the biggest factor in construction setbacks over the last year.

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Opinion: A merger to rewire the housing ecosystem

Housing Wire

Portals: These destinations become marketplaces that integrate the supply chain and allow consumers and their advisors to choose and close within minutes – not months. Audience assets will be valued based on transaction volumes and bundles of listings, lending, loan sales and servicing and trading content.

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Will the Infrastructure Bill Affect the Real Estate Market?

Appraisal Buzz

About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction. It began rising when the pandemic started in 2020 due to ongoing supply chain issues coinciding with changes in consumer demand. construction sites. Inflation peaked at 7.9%

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Despite lack of supply, existing home sales rise 6.7%

Housing Wire

” While homebuilders are getting closer to delivering new homes , they remain stymied by ongoing global supply chain issues. The good news is there are several directions from which more supply may come, said Matthew Speakman, an economist at Zillow. Their share of sales dropped to 27% compared to 33% a year earlier.”

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Supply chain issues still stymieing homebuilders

Housing Wire

Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman. Homesnap foresees the current housing shortage continuing in 2021 unless more sellers enter the housing market. Per the NAHB , January’s score of 83 was a four-month low.

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Opinion: Why we should implement a mortgage marketplace model

Housing Wire

Fifteen years ago, I launched a business on a mission to modernize and decrease friction in the real estate finance supply chain. Here’s what is possible now I’ve been thinking about these and similar issues my entire career. Before that, I cut my teeth in bleeding-edge securities trading environments. Everyone works together.

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How lenders can leverage credit to help make homeownership more affordable

Housing Wire

Affordability is at an all-time low, driven by the rise in interest rates, pandemic demand for homes, a tight labor market and supply chain issues. That said, there was just a 3-month supply of homes during the buying frenzy. The market is now sitting on more than a 9-month’s supply. Supply chain issues, too, are easing.