Housing Wire

DECEMBER 29, 2021

A bullish housing market. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. Housing permits are growing and this is a good thing for the economy and construction jobs. What a year 2021 has been. We started the year with many pundits saying that the U.S.

Housing Market 534

Housing Market Marketing Construction Mortgage 534

Housing Wire

AUGUST 16, 2022

Tuesday’s housing starts report clearly shows that homebuilders are going to be done with single-family construction until mortgage rates fall. If it wasn’t for solid rental demand boosting multifamily construction this year — 18% year to date —this data line would have looked much worse. Why do I call it a housing recession?

Mortgage 533

Mortgage Construction Inventory Buyers 533

Housing Wire

SEPTEMBER 21, 2022

Housing construction in the U.S. months of homes they have under construction or have not even started yet. Ladies and gentlemen, welcome to the savagely unhealthy housing market. Now that mortgage rates have spiked up so much, the housing construction growth we have seen in single-family construction is done.

Construction 525

Construction Housing Market Marketing Business 525

Housing Wire

MAY 18, 2022

Census Bureau released their new residential construction report for April, showing a miss on the estimate and a negative revisions data line, which I believe is lagging behind the current market reality. As you can see below, the housing demand data from 2002 to 2005 was never apparent in any housing data lines from 2018 to 2022.

Mortgage 493

Mortgage Construction Contracts Housing Market 493

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%. “I don’t expect a boom in housing construction.

Construction 514

Construction Housing Market Inventory Marketing 514

Housing Wire

SEPTEMBER 26, 2023

As we can see in the chart below, sales levels aren’t exactly booming like they were from 2002-2005. months and below, this is an excellent market for builders. months , this is just an OK market for builders. months, the builders will pause construction. The existing home market is only sitting at 3.3 We are at 7.8

Inventory 524

Inventory Construction Housing Market Marketing 524

Housing Wire

JULY 15, 2024

In its announcement, Dominion said that Wells’ “expertise in and deep understanding of the real estate market make him the ideal leader for Dominion’s Wholesale Division.” ” Since its founding in 2002, Dominion Financial has reportedly funded more than 11,000 projects across the U.S.,

Lending 425

Lending Finance Real Estate Construction 425

Housing Wire

FEBRUARY 24, 2022

To be honest here, the new home sales market is stuck for now. It gives an idea of what to expect for housing construction. months and below, this is an excellent market for the builders. months, this is an OK market for the builders. months and above, the builders will pull back on construction. When supply is 6.5

Construction 435

Construction Housing Market Marketing Mortgage 435

Housing Wire

MAY 24, 2022

Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. The market is savagely unhealthy and needs balance; this is what we call balance! As you can see, sales levels were never elevated like what we saw from 2002-2005. Guess what happened in March?

Housing Market 418

Housing Market Inventory Construction Marketing 418

Housing Wire

MARCH 28, 2022

Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. HousingWire: How will rising rates affect new home construction? Housing construction will be impacted if the monthly supply for new homes breaks above 6.5 Inventory has been falling for years.

Housing Market 370

Housing Market Marketing Supply Chain Inventory 370

Housing Wire

NOVEMBER 17, 2022

For this reason, the number of housing units “under construction” is the largest ever recorded in history because they were taking so long to finish. Housing construction productivity has always been terrible compared to other sectors of our economy; I get that, as we still build homes with hammers and nails, not robots.

Contracts 545

Contracts Construction Supply Chain Marketing 545

Housing Wire

MARCH 23, 2023

However, with active listings now near all-time lows, the builders’ new homes still have more value in the housing market than what we saw in previous decades. However, imagine if the housing market could get mortgage rates below 5.75%, then head toward 5% and stay there for some time. months, this is an OK builder market.

Inventory 545

Inventory Housing Market Construction Marketing 545

Housing Wire

JUNE 24, 2022

The market has changed with rates so much higher, but for the most part, the builders are managing the recent weakness in sales as best they can. The monthly supply data for new homes often get mixed up with the existing home sales market. We don’t say the new home sales market supply is the existing home sales market.

Inventory 488

Inventory Construction Marketing Mortgage 488

Housing Wire

JANUARY 19, 2022

You always want to be skeptical of any housing starts data that comes in too strong or too negative from the trend, and we had some specific factors in this report that boosted multifamily construction. Some of the demand that we saw from 2002-2005 was facilitated by credit that no longer exists in the marketplace today. This is 17.2

Construction 493

Construction Housing Market Inventory Marketing 493

Housing Wire

JANUARY 26, 2022

However, with that said, it’s still just an OK housing market for me based on how I view the new home sales market. months and below, this is an excellent market for the builders. months, this is an OK market for the builders. months and above, the builders will pull back on construction. When supply is 4.4

Construction 476

Construction Marketing Mortgage Investors 476

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. This sector on an apples-to-apples basis is more expensive than the existing home sales market. The only risk to that 6.2

Mortgage 505

Mortgage Inventory Housing Market Construction 505

Housing Wire

JUNE 27, 2024

Dominion said it offers multiple DSCR options for investors, along with short-term fix-and-flip financing, ground-up construction financing and bridge loans for multifamily properties. A national lender, Dominion was founded in 2002 and has reportedly funded more than $3 billion in loans across more than 11,000 deals.

Investing 396

Investing Investors Real Estate Inventory 396

Appraisal Buzz

NOVEMBER 18, 2021

After a torrid start to the year, home price appreciation will slow, and new construction will replenish the nation’s inventory in the second half of 2002. The post Balance to Return to the Housing Market appeared first on DSNews. The post Balance to Return to the Housing Market appeared first on Appraisal Buzz.

Housing Market 195

Housing Market Marketing Construction Inventory 195

Housing Wire

JUNE 2, 2022

One top question he addresses is how the industry is reacting to this savagely unhealthy housing market. HW+ Member: What’s the number one question you are getting from the real estate agent community on the economy and housing market? The big difference now than, let’s say, what we saw from 2002-2008.

Training 459

Training Inventory Housing Market Real Estate Agent 459

Housing Wire

JUNE 3, 2022

A tighter labor market is a good thing, I always say; this means people with less educational backgrounds can get employed as we do have many jobs that don’t require a college education. Look at the jobs data and which sector added jobs in March: Construction jobs came in positively, but retail trade took a big hit.

Construction 529

Construction Retail Transportation Marketing 529

Housing Wire

JULY 13, 2022

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. housing market as savagely unhealthy. million homes, using the NAR data.

Inventory 540

Inventory Housing Market Construction Mortgage 540

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. So for now, the builders will take their time with the homes under construction and make sure they offer enough incentives to unload the new home supply they’re dealing with.

Construction 370

Construction Housing Market Sellers Real Estate 370

Housing Wire

JUNE 16, 2022

The data from the NAHB/Wells Fargo builder’s survey is always crucial because it is forward-looking, and it takes the reality of today’s market into the equation. Multifamily construction is different than single-family homes. Housing completions have been one of the worst stories for the housing market. percent (±13.6

Housing Market 545

Housing Market Buyers Mortgage Construction 545

Housing Wire

APRIL 27, 2022

Tuesday, the new home sales report for March came in as a miss of estimates at 763,000, but the revisions were all positive, which shows that the housing data is still lagging behind the current market reality. The new home sales market doesn’t have a 28% cash-buyer profile as we saw in the last existing home sales report.

Construction 370

Construction Buyers Housing Market Inventory 370

Housing Wire

JULY 6, 2023

In a bid to strengthen its position in the Gulf Coast market, has acquired Truland Homes , the largest private homebuilder along the Gulf Coast, according to an announcement issued Thursday. Horton’s already strong local market operations.” Horton has been the largest homebuilder by volume in the United States since 2002.

Contracts 370

Contracts Development Insurance Construction 370

Housing Wire

DECEMBER 23, 2022

It didn’t help the builders that they had a global pandemic and we still have many new homes either in construction or that haven’t been started yet. months 290,000 new homes are still under construction, about 5.5 That would reverse the problem the housing market has had selling homes with mortgage rates above 7%. percent (±22.7

Construction 370

Construction Housing Market Mortgage Sellers 370

Housing Wire

JULY 16, 2024

That can be a challenge if they live in an unusual or uniquely constructed home, or if they live on a vast stretch of land with few neighbors. He joined the mortgage industry in 1990 and transitioned to the reverse channel in 2002. Montana never had the population, market or labor force for that.

Mortgage 434

Mortgage Easement Home Value Business 434

Housing Wire

JANUARY 10, 2024

AmCap, founded in 2002, is a much smaller lender. “Our basic strategy for growth has always been organically, getting into markets one by one. He said that AmCap helps mainly with the Houston market. In terms of volume, CCM claims it originated $31.6 billion in loans in 2023.

Retail 434

Retail Mortgage Loan Officers Training 434

Eyes on Housing

AUGUST 24, 2021

According to NAHB analysis of quarterly Census data, the market share of rental units of multifamily construction starts remained elevated at 95.2% An average share of 80% was registered during the 1980-2002 period. during the second quarter of 2021. Read More ›

Construction 183

Construction Marketing 183

Eyes on Housing

MAY 24, 2021

According to NAHB analysis of quarterly Census data, the market share of rental units of multifamily construction starts remained elevated at 96% during the first quarter of 2021. An average share of 80% was registered during the 1980-2002 period. Read More ›

Construction 174

Construction Marketing 174

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. We got to as low as 0.32% on that Monday morning in March when the crisis was hitting the markets the hardest. The forecast.

Housing Market 544

Housing Market Inventory Mortgage Marketing 544

Housing Wire

APRIL 24, 2023

million new minority homeowners when the president launched the Blueprint for the American Dream in 2002. The relationship between diversity, economic growth, housing and GDP The housing market is large and varied. New construction, resales, refinances and home improvements account for approximately 16% of the U.S.

Legal 396

Legal Housing Market Government Buyers 396

Eyes on Housing

FEBRUARY 23, 2022

According to NAHB analysis of quarterly Census data, the market share of rental units of multifamily construction starts increased to 94.2% An average share of 80% was registered during the 1980-2002 period. during the fourth quarter of 2021. Read More ›

Construction 88

Construction Marketing 88

Raleigh Realty

MAY 21, 2022

In this neighborhood, you will find all types of Real Estate, from restored Grand Victorians built in the 1800s, to newly constructed homes. Like the neighborhoods of Oakwood and Mordecai South Park has been experiencing some fast-paced new construction with new commercial developments also coming to the area.

Real Estate 143

Real Estate Transportation Construction Development 143

Appraisal Today

OCTOBER 21, 2022

Appraisers and Local Market Analysis. Excerpts: Social media and the mainstream media make a mess of these markets even in the best of times. They do not have the bandwidth to cover local markets. National data simply does not apply to the local real estate market and the closest large markets are Richmond and Washington DC.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

Will Springer Realtor

DECEMBER 8, 2021

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Who said this is a sellers’ market? Perhaps it’s truly a builders’ market. Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

NOVEMBER 9, 2022

It may be damp and cool outside, but the luxury housing market continues to generate hot listings. Here is a selection of some of my new favorites to hit the market. The owners since 2002 are reportedly retiring and moving to the Olympic Peninsula. Let’s start with a 4-bedroom, 3-bath , 3276 sq. Plus, there’s about 1000 sq.

Design 36

Design Construction Housing Market Business 36