Housing Wire

OCTOBER 21, 2020

“Yes, it’s come down to 10 million, but look at how that compares again to the peak in 2009 of 6.6 However, due to the narrow industry focus of the job losses, this downturn has proved much different than what the economy saw in 2009. Housing inventory and prices. million,” he said.

Mortgage 435

Mortgage Inventory Housing Market Construction 435

Housing Wire

JUNE 10, 2022

His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. This article, for example, asks why, if purchase applications are down to 2009 levels, are inventory levels still so freaking low?

Sellers 397

Sellers Housing Market Inventory Buyers 397

Housing Wire

MAY 15, 2024

A lot has been said about the ‘silver tsunami,’ with predictions that baby boomers will move in droves , suddenly unlocking tons of inventory for younger homebuyers. New construction in age-restricted communities is becoming a rising trend. New construction in age-restricted communities is becoming a rising trend.

Design 467

Design Buyers Construction Marketing 467

Appraisal Buzz

JULY 16, 2024

Since taking a dip in 2009, there has been a slow, but steady climb with more than 100,000 manufactured homes shipped in 2021, and a post-recession high reached in 2022 with 112,000 manufactured homes shipped, according to a 2023 report by the Joint Center for Housing Studies at Harvard University.

Modernization 397

Modernization Buyers Construction Marketing 397

Housing Wire

DECEMBER 16, 2021

Lenders should expect a much faster pace of hikes over the next few years than what was experienced following the 2009 recession. The inventory of existing homes remains quite tight at less than 2.5 The inventory of existing homes remains quite tight at less than 2.5 This additional inventory is sorely needed.

Marketing 482

Marketing Mortgage Supply Chain Inventory 482

DW Slater Company

JANUARY 30, 2023

Inventory is down from the previous month but up from the same time last year. Supply has increased, but is still very low as less than 3 months supply in any market. Fewer existing homes have been put on the market as homeowners are holding on to the low rates in their current loans. Million Allegedly Paid to Two “Favored” Appraisers.

Housing Market 126

Housing Market Marketing Real Estate Appraisal 126

Will Springer Realtor

OCTOBER 15, 2024

The recent development of lower mortgage rates coupled with increasing inventory is a powerful combination that will provide the environment for sales to move higher in future months,” Lawrence Yun, chief economist for the National Association of Realtors® said in September. months of inventory across all home types in King and 2.3

Housing Market 68

Housing Market Marketing Construction Buyers 68

Annarbor Appraisal

APRIL 9, 2020

This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. Houses in blue, condominium units in orange, new construction included. Price increases both with single-family houses and condominium units started in 2012 in earnest. Year to year trends. What happens if it only tops 15%?

Property Taxes 78

Property Taxes Buyers Sellers Realtors 78

Empire Appraisal Group

JULY 6, 2022

s rising demand and lack of construction will probably offset a potential cooldown. Still, most economists are not predicting the catastrophic housing crash of 2007-2009 when there was a surplus of homes nationwide and a market saturated with bad mortgages. Unlikely to Feel Impact from Slowing Market. markets, but Fla.’s

Marketing 78

Marketing Landlords Real Estate Tenants 78

Appraisal Today

FEBRUARY 9, 2024

= 32% of Homes for Sale in the Fourth Quarter Were Newly Built — Just Shy of the Record High Redfin reports new construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has decreased. Nationwide, 31.8% That’s comparable with 31.9%

Appraisal 81

Appraisal Contracts Insurance Construction 81

Appraisal Today

JUNE 10, 2022

Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. ” The most popular reason for respondents rebuffing the bubble thesis is strong market fundamentals, including demographics, scarce inventory and shifting housing preferences. Available to rent on Airbnb, of course.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Will Springer Realtor

JULY 11, 2023

The slippage in listings under contract – which is currently at the third-slowest annual pace this century (after 2008 and 2009) – is a barometer for future sales. While the largest chunk of real estate activity – resales – is moving more slowly, new construction is taking over a larger percentage of the action.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Since rates have been so volatile and for-sale inventory still scarce, we have yet to see sustained growth in purchase applications. . == Glorious Gilded Age Mansion for $29.9M The 30-year fixed rate increased to 6.69

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

AUGUST 9, 2024

The reshaping of corporate America’s office attendance has hardly deterred the construction boom here, thanks mostly to a still-growing tech sector (We see you, AI, cloud computing and space exploration ventures!). of office space, or 23% of total inventory, was available across the entire Eastside of King County, Broderick Group reported.

Design 36

Design Real Estate Sellers Buyers 36

Will Springer Realtor

MAY 9, 2023

Whether it was cutting red tape and construction costs or ensuring our cities allow more affordable options near transit and jobs, these bills, working together, mean more homes, at more affordable prices, in communities all across our state.” Falling new inventory is constraining transaction volumes while also supporting higher home prices.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Appraisal Today

JUNE 17, 2022

The way that we did that was through cantilevers and using structural engineers and steel to help us to construct the home that we absolutely wanted.”. Mortgage Lenders – 1989 – FIREEA and appraiser licensing, 2009- HVCC and AMCs took over. To read more and see lots of photos, click here. ==. USPAP and the Contract.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. million people work in residential construction, or about 2.8% Notably, Seattle single-family inventory slipped to 0.6 million for sale today.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Housing Wire

FEBRUARY 22, 2022

homebuilder, housing starts, lumber, builders, builder confidence, construction. Owing to a historic inventory crunch, new construction is playing a more prominent role in the housing inventory landscape in decades. of homes for sale were new construction. 2021 was a strong year for construction.”.

Supply Chain 538

Supply Chain Construction Inventory Housing Market 538

Housing Wire

NOVEMBER 22, 2024

million undocumented immigrants work in construction. Could new home construction wane as you fulfill this campaign pledge? Housing starts plummeted to the lowest levels in 50 years in April of 2009 and the cost to build soared. Well-conditioned inventory hitting the market will serve a greater immediate need.

Marketing 468

Marketing Investors Investing Housing Market 468

Housing Wire

FEBRUARY 5, 2021

With the housing sector battling ongoing supply constraints , a loss of 3,000 jobs in construction employment may be a slight hiccup after 8 solid months of growth. But Mike Fratantoni, chief economist at the Mortgage Bankers Association , said he expects construction to grow later in the year.

Construction 434

Construction Lending Retail Inventory 434