Eyes on Housing

JANUARY 4, 2022

The construction labor market remains tight, as the levels of quits rise. The count of open construction jobs declined to 345,000 unfilled positions in November, after recording the highest measure in the history of the data series (going back to late 2000), 445,000 in October.

Construction 190

Construction Housing Market Marketing 190

Eyes on Housing

MAY 3, 2022

The construction labor market remains tight, as the industry sees a rising number of job openings year-over-year. The count of open construction jobs increased slightly to 396,000 unfilled positions in March. The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019.

Construction 158

Construction Housing Market Marketing 158

Eyes on Housing

FEBRUARY 1, 2022

The construction labor market remains tight, as the industry sees a rising number of job openings year-over-year. The count of open construction jobs declined for the month to 337,000 unfilled positions in December. The highest measure in the history of the data series (going back to late 2000) was 445,000 in October 2021.

Construction 157

Construction Housing Market Marketing 157

Housing Wire

JULY 26, 2022

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. Since the summer of 2020, I have genuinely believed the housing market could change once the 10-year yield broke over 1.94%. In response, they stalled construction for 30 months.

Construction 514

Construction Housing Market Inventory Marketing 514

Housing Wire

APRIL 18, 2023

Without rents taking off, the CPI data would look much more tame, like what we saw from the years 2000-2019. Tuesday’s housing starts data does show some promise on the front of attacking inflation and helping lowering mortgage rates, so let’s look at the report and find out what I am talking about. Since 44.4%

Mortgage 519

Mortgage Construction Supply Chain Housing Market 519

Housing Wire

FEBRUARY 8, 2024

Mortgages rates reached their highest level since 2000 , construction costs rose and building regulations remained burdensome, leaving U.S. housing affordability near a 10-year low point at the end of last year, according to the National Association of Home Builders (NAHB). median income of $96,300. “But

Housing Market 505

Housing Market Construction Marketing Mortgage 505

Housing Wire

MAY 16, 2023

Homebuilder confidence is continuing to trend upward this spring, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Tuesday. While this is fueling cautious optimism among builders, they continue to face ongoing challenges to meet a growing demand for new construction.

Construction 456

Construction Inventory Buyers Housing Market 456

Housing Wire

JANUARY 6, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. Measuring the housing deficit. The event is exclusively for HW+ members , and you can go here to register.

Supply Chain 511

Supply Chain Housing Market Construction Inventory 511

Housing Wire

NOVEMBER 23, 2022

We are well below the 2000 recession level and back to 1996 levels. When you account for a population of over 330 million people, that sales number looks a lot lower than in 2000 and 1996 so be mindful that we are trending at low levels today. months, and below, this is an excellent market for builders. When supply is 4.3

Construction 484

Construction Marketing Housing Market Mortgage 484

Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. family houses in July 2022 were at a seasonally adjusted annual rate of 511,000, according to estimates released jointly today by the U.S. This is 12.6 percent (±16.9

Construction 370

Construction Housing Market Sellers Real Estate 370

Housing Wire

OCTOBER 26, 2022

New home sales are now below the recession levels of 2000 and have fallen all the way to 1996 levels, when interest rates were near 8%. months, and below, this is an excellent market for builders. months , this is just an OK market for the builders. The builders will pull back on construction when the supply is 6.5

Construction 486

Construction Inventory Contracts Buyers 486

Housing Wire

FEBRUARY 24, 2023

As we can see in the chart below, we are still below the recession levels of 2000 and really trending at 1996 levels. months of the supply is active listings, 68K 5 months of the supply is still under construction, 280K 1.6 months and below, this is an excellent market for builders. months, this is an OK builder market.

Inventory 486

Inventory Construction Housing Market Mortgage 486

Housing Wire

SEPTEMBER 28, 2022

In fact, new home sales are below the recession level of 2000 and back to 1996 levels already. months and below, this is an excellent market for the builders. months , this is just an OK market for the builders. The builders will pull back on construction when the supply is 6.5 months are under construction, 1.86

Construction 500

Construction Sellers Inventory Housing Market 500

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. housing market is suffering some cracks, but an outright collapse is nowhere in sight.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. metro areas going back to 2000. Although demand for rentals remains strong, rent prices have shown slow growth due to a bevy of new apartments hitting the market, creating competition for tenants.

Investors 462

Investors Tenants Real Estate Property Taxes 462

Appraisal Buzz

JULY 12, 2024

Brian Cullen is CEO and Co-Founder of SingleSource (founded in 2000), a provider of property services supporting the U.S. housing industry. Brian’s responsibilities include daily oversight of all aspects of the company as well as various strategic sales and marketing initiatives. Q: What is the downside of vacant properties?

Inventory 221

Inventory Supply Chain Construction Property Taxes 221

Housing Wire

APRIL 15, 2022

It was 2000, and the real estate market was fairly uneventful – rates were around 8% and house prices were affordably flat. HousingWire : What do you think will be the big themes for the housing market in 2022? Rates have risen more than 2 full percentage points, yet housing prices continue to rise.

Real Estate 370

Real Estate Real Estate Agent Business Housing Market 370

Appraisal Buzz

JUNE 11, 2024

Keeping stock of manufactured home supply According to 2021 American Housing Survey (AHS) , compiled by the U.S. Department of Housing & Urban Development (HUD) and U.S. Census Bureau, the nation’s manufactured housing market provides affordable housing to nearly 6.7 million households own the land and unit, 1.8

Finance 390

Finance Real Property Design Lending 390

Housing Wire

MAY 16, 2024

assessed three separate elements of the HECM program’s effectiveness from 2000 to 2020 — including borrower impacts, financial impacts and policy impacts. In its executive summary, the report found that the HECM program grew “substantially” during the 2000s and reached its height of 114,000 originations in 2009.

Development 389

Development Appraisal Property Appraisal Insurance 389

Housing Wire

JUNE 16, 2022

Multifamily construction is different than single-family homes. From Census: Housing Completions Privately? family housing completions in May were at a rate of 1,043,000; this is 2.8 Housing completions have been one of the worst stories for the housing market. We are already below the 2000 recession levels.

Housing Market 545

Housing Market Buyers Mortgage Construction 545

Housing Wire

JUNE 24, 2022

As you can see below, new home sales are still below the 2000 recession level, and we just had a significant spike in mortgage rates too. We don’t say the new home sales market supply is the existing home sales market. The existing home sales market monthly supply is running at 2.6 This is 10.7 percent (±18.9

Inventory 486

Inventory Construction Marketing Mortgage 486

Housing Wire

JULY 26, 2021

As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. That market, which is fiercely competitive, allows consumers the best chance to see all inventory and make informed decisions. Multiple Listing Services (MLS) by those trying to disparage the system.

Real Estate Agent 397

Real Estate Agent Real Estate Sellers Legal 397

Birmingham Appraisal

AUGUST 14, 2024

An Interesting Trend Among New Homes As a residential real estate appraiser in the Birmingham, AL market for over 30 years I have seen many changes in new home construction. Census Bureau, home size steadily increased from 1999 through 2008/2009, which we all know was when the housing market crashed.

Bracketing 61

Bracketing Construction Design Real Estate 61

Housing Wire

JUNE 16, 2021

The National Association of Realtors says the current state of the housing market is absolutely “dire,” the consequence of a housing shortage 30 years in the making. According to the lobbying group, construction of long-term housing fell 5.5 From 1968 to 2000, the total stock of U.S.

Housing Market 538

Housing Market Marketing Construction Development 538

Appraisal Buzz

JULY 15, 2024

This is a continuation of the April 15, 2024 article “ From Forms to Reports: A Look at the UAD Overhaul ” I am named after my father, who passed away in 2000. For instance, if the property is constructed on a slab foundation, there would be no interrogatories about basement areas.

Appraisal 363

Appraisal Design Appraisal Process Valuation 363

DataMaster

JUNE 16, 2021

The building rate of the previous decade struggled to keep up with the pace of the 2000s when homes were being built at nearly twice the rate ! The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. Tax breaks can enact change.

Construction 174

Construction Law Landlords Development 174

Empire Appraisal Group

SEPTEMBER 16, 2021

home prices jumped by a record amount in June as homebuyers competed for a limited supply of available houses, the latest evidence that the housing market remains red-hot. in June compared with a year earlier, the largest increase on records dating back to 2000. WASHINGTON (AP) – U.S. That left just 1.32

Contracts 78

Contracts Construction Realtors Investors 78

McKissock

SEPTEMBER 7, 2021

How Tech and Aerospace Are Already Impacting the Real Estate Market. As tech companies grew exponentially over the last 20 years, so have the housing prices around them. In fact, a quick glance at housing prices between 2000 and 2020 show percentage increases in the double and triple digits.

Real Estate Agent 69

Real Estate Agent Real Estate Transportation Agents 69

DataMaster

JUNE 16, 2021

The building rate of the previous decade struggled to keep up with the pace of the 2000s when homes were being built at nearly twice the rate ! The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. either quit or lost their jobs.

Construction 78

Construction Law Landlords Development 78

DataMaster

JUNE 16, 2021

The building rate of the previous decade struggled to keep up with the pace of the 2000s when homes were being built at nearly twice the rate ! The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. Tax breaks can enact change.

Construction 78

Construction Law Landlords Development 78

Will Springer Realtor

JUNE 13, 2023

It’s the bacon and eggs of the housing market – two staples that are often linked to one another. The pandemic housing market was super-charged by historically low interest rates and buyers seeking more spacious properties amid global health fears. were in various stages of construction. in Seattle. There are 1.3

Buyers 36

Buyers Inventory Construction Finance 36

Lamacchia Realty

APRIL 6, 2022

She brings years of industry experience and expertise in all aspects of the home buying & selling process as well as construction, land assessment & purchasing, negotiating contracts, and design. Born and raised in Boston, Ashley has extensive knowledge of the area and surrounding towns.

Realtors 69

Realtors Realty Real Estate Agents 69

Town & Country Residential Appraisals

FEBRUARY 24, 2020

Above: 1970-2019 National median home price % increase VS. home construction % increase. There is lots of talk of national home prices increasing since 2008 and having stalled in 2018-2019 and what the possible causes could be, but what does that have to do with our local market.

Construction 36

Construction Real Estate Housing Market Marketing 36

Housing Wire

MARCH 12, 2024

The housing priorities outlined by the White House and President Joe Biden last week before and during the State of the Union address are crucial for alleviating a serious burden facing many Americans, and the plan emphasizes actions that can be taken to impact the current housing market.

Construction 416

Construction Housing Market Insurance Finance 416

Will Springer Realtor

DECEMBER 14, 2021

A shortage of homes for sale sparked some of the fastest-moving deals in memory, particularly on the Eastside, where single-family homes “sat” on the market for a median 5.4 What will the 2022 Seattle/King County housing market offer? That was the average national figure in 2000.). days (November 2021). =. Hale notes.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Will Springer Realtor

JULY 13, 2023

Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. We certainly see that in all forms of residential real estate – from new construction to finding items for the home.

Construction 36

Construction Supply Chain Real Estate Development 36

Will Springer Realtor

JULY 10, 2024

I found at least a dozen examples in our county where churches have either carved out more space within existing structures or demolished their sacred houses to deliver hundreds of new homes. residential mortgages fell to 1.28M, according to a Q1 summary from ATTOM Data Solutions , the lowest level since 2000. Great, right?!

Development 36

Development Design Buyers Marketing 36