Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 months worth of housing inventory, which is the lowest ever, the report from Keller Williams said.

Marketing 534

Marketing Realty Housing Market Realtors 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.

Mortgage 533

Mortgage Construction Inventory Buyers 533

Housing Wire

OCTOBER 18, 2022

Homebuilder confidence continued its downward spiral in October, hitting its lowest level since August 2012, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Tuesday. Three other indices monitored by the NAHB also posted declines in October.

Housing Market 435

Housing Market Buyers Contracts Construction 435

Housing Wire

MAY 31, 2024

While initially relying on bulk purchases, institutional investors eventually shifted more toward smaller-scale purchases, merging with smaller investors or investing in the construction of single-family homes to eventually rent them out. However, by 2015, institutional investors collectively owned an estimated 170,000-300,000 homes.

Investors 462

Investors Inventory Government Construction 462

Housing Wire

JANUARY 19, 2024

Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. My entire theme around the savagely unhealthy housing market is based on the premise of too many people chasing too few homes.

Housing Market 493

Housing Market Inventory Contracts Marketing 493

Eyes on Housing

OCTOBER 20, 2021

Despite the volatility surrounding the recent COVID-19 pandemic, the housing market has shown remarkable resilience, fueled by demographic tailwinds and a housing shortage due to a decade of underbuilding.

Marketing 199

Marketing Construction Housing Market 199

Housing Wire

FEBRUARY 1, 2021

Since 2011, the number of existing single-family homes for sale has declined more than 30%. By supplying more homes that are affordable, the housing industry can increase homeownership rates for everyone. ?. However, new construction trends do not reflect this changing preference.

Finance 435

Finance Buyers Modernization Construction 435

Housing Wire

FEBRUARY 21, 2023

million, it still marks the slowest annual pace of sales since 2011. million units for the year – a level similar to the annual pace that occurred in 2008-2011 period. Fundamentally, there continues to be an elevated number of homes under construction or completed that are for sale relative to the recent sales pace.

Inventory 397

Inventory Mortgage Housing Market Contracts 397

Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. 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%. However, the housing market changed once the 10-year yield broke over 1.94%.

Housing Market 418

Housing Market Inventory Construction Marketing 418

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? Months are homes under construction 0.8 Ghost Supply 2.2

Training 459

Training Inventory Housing Market Real Estate Agent 459

Housing Wire

APRIL 21, 2022

“The state of the housing crisis,” Pullen said, “Is such that we do not have the luxury to say ‘no’ to any innovative approach.”. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

Construction 418

Construction Supply Chain Investors Business 418

Housing Wire

OCTOBER 20, 2022

The 30-year fixed-rate mortgage continues to remain just shy of 7% and is adversely impacting the housing market in the form of declining demand,” Sam Khater, Freddie Mac’s chief economist, said in a statement. Sellers are responding to the shift in the market and pulling back on listing activity, resulting in a 9.8%

Mortgage 435

Mortgage Sellers Buyers New Listings 435

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

SEPTEMBER 14, 2023

housing market is short by at least 6.5 The scarcity of housing has driven home prices and rents prices to an all-time high and pushed affordability to a multi-decade low. Most recently, rising interest rates have intensified the fight for housing. million homes.

Tenants 418

Tenants Government Law Buyers 418

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. He said the housing market is now riding out an environment of “low inventory and high rates.” “I

Investors 448

Investors Inventory Investing Real Estate 448

Appraisal Buzz

DECEMBER 16, 2024

As the new year draws near, Fannie Mae anticipates that many of the housing trends from 2024 will persist in 2025, with the lock-in effect of mortgage rates and housing affordability continuing to be major obstacles for countless Americans. The holding pattern for multifamily housing will continue.

Inventory 240

Inventory Construction Housing Market Mortgage 240

DataMaster

JUNE 16, 2021

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. And the number continued to slide to a low of 446,600 in 2011. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades! Tax breaks can enact change.

Construction 174

Construction Law Landlords Development 174

Appraisal Buzz

OCTOBER 23, 2024

Young adults’ rent burden peaked in 2011 at 62%, but by 2019, it has gradually decreased to 55%. This rent cap is based on HUD-constructed estimates of “fair market rent” at the county or metro level. The situation facing Gen Zers today is comparable to that of millennials ten years ago, albeit marginally better.

Landlords 195

Landlords Tenants Inventory Marketing 195

DW Slater Company

JANUARY 29, 2022

New construction has boomed in our area as the number of new home builds was up 77% in 2021 and this is not expected to slow down in 2022. Here is a historic look at our markets from 10 years ago. County Median Sale Price 2011 Median Sale Price 2021 Percent Change Denton $179,000.00 $395,000.00 177.87% Wise $112,950.00 $305,000.00

Real Estate 107

Real Estate Appraisal Market Value Construction 107

DataMaster

JUNE 16, 2021

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. And the number continued to slide to a low of 446,600 in 2011. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades! either quit or lost their jobs.

Construction 78

Construction Law Landlords Development 78

DataMaster

JUNE 16, 2021

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. And the number continued to slide to a low of 446,600 in 2011. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades! Tax breaks can enact change.

Construction 78

Construction Law Landlords Development 78

Empire Appraisal Group

AUGUST 1, 2024

Can Tiny Homes Help the Housing Shortage? Many Americans think local governments should incentivize additional dwelling unit (ADU) and tiny home construction to address housing shortages. But nearly 75% think local governments should incentivize ADU and tiny home construction to address housing shortages.

Legal 78

Legal Buyers Construction Government 78

Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” And many of the new projects are larger than in years past. That’s the most since 2007.

Construction 36

Construction Inventory Buyers Real Estate 36

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? New construction across King is projected to decline a surprising 11% in dollar terms in 2022.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Housing Wire

MARCH 3, 2021

In his confirmation hearing Tuesday before the Senate Banking Committee , Chopra, President Joe Biden’s choice for director of the Consumer Financial Protection Bureau , emphasized that the CFPB has to be ready for housing market fallout due to the pandemic. housing market currently has about 2.6 As one of Sen.

Housing Market 529

Housing Market Marketing Law Construction 529

Appraisal Today

JUNE 14, 2024

Factory-Built Houses: Types, Benefits, and Tips for Appraisers By Dan Bradley Excerpts: Factory-built houses are an important, yet often overlooked, part of the American housing market. Approximately 10% to 12% of new housing starts in the United States are factory-built.

Appraisal 74

Appraisal Sellers Contracts Insurance 74

Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. The four-county region of King, Snohomish, Pierce and Kitsap is on a pace to be the slowest year for total home sales since 2011. In addition to King County’s sharp 7.5%

Inventory 36

Inventory Supply Chain Construction Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

By all measures, our region (and the rest of the country for that matter) experienced one of the worst six months (June-November) any housing market has seen in at least a decade. Yes, the great housing market reset is in full swing. To be clear, we are not heading toward a housing market crash – not even close.

Real Estate 36

Real Estate Buyers Construction Sellers 36

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% from a year ago and at a level not seen since 2011. 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

OCTOBER 10, 2024

Adding to the pressure, many investors are shifting toward the growing build-to-rent market. This trend has doubled since 2019, with built-to-rent homes making up 10% of new construction (8% in the PNW). housing supply increased by 1.6M Both major political parties offer solutions focusing on increasing housing construction.

Investors 36

Investors Buyers Housing Market Design 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. “A million sq.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. OCTOBER HOUSING UPDATE.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Appraisal Today

JUNE 17, 2022

Watch the excellent 4-minute video with Mark Zandi , “There’s a comeuppance coming in the housing market” It discusses how today is different from 2008 and what is happening today. EDI to UAD, 1994 – EDI maybe, 2011 – UAD. Appraisers wrote up long disclaimers about how they did not know the effects.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Will Springer Realtor

MAY 13, 2024

America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. shy of the need. But for how long?

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. sales in September, 29% of them were paid with cash (no mortgage), below the peak of 35% in 2011. Among all U.S. declined to 27% amid affordability challenges.

Inventory 36

Inventory Buyers Sellers New Listings 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 458

Construction Housing Market Insurance Finance 458

Will Springer Realtor

JUNE 11, 2024

Louis Sullivan, the so-called father of high-rise construction design, once said: “The skyscraper establishes the block, the block creates the street, and the street offers itself as a riverbed to the stream of life that flows through the city.” CONDO NEWS Graystone has formally completed construction on its residential tower.

Real Estate 36

Real Estate Construction Buyers Sellers 36