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.

Housing Market 435

Housing Market Buyers Contracts Construction 435

Housing Wire

DECEMBER 19, 2022

Homebuilder sentiment dropped yet again in December, hitting its lowest reading since mid-2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020. Looking ahead, Dietz recommended that builders plan one year or more out when thinking about land and construction timelines.

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Contracts Construction Buyers Real Estate 448

Appraisal Buzz

OCTOBER 14, 2024

The gap was as wide as 18% in 2012, following the global financial crisis of 2007–2009, when many minority communities were hit especially hard, setting back progress by several years. Hispanic-owned homes are currently worth 11.9% less than homes owned by non-Hispanic white households, down from 12.1% last year and a recent high of 12.4%

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Home Value Construction Buyers Mortgage 394

Housing Wire

APRIL 26, 2021

In looking at more than 400 metros, Redfin found that homes sold during a four-week period ending April 18 were on the market for a median of 21 days, the shortest time on market since 2012. And on top of that, builders are struggling to construct new homes given an ongoing lumber shortage.

Sellers 482

Sellers Housing Market Marketing Buyers 482

Housing Wire

NOVEMBER 25, 2020

Following extensive renovations that took nearly a year to complete, the property was resold to an owner-occupant buyer in July 2020. The data shows 30% of all properties purchased via online REO auction in Allen County were to out-of-state buyers, ranking 36th highest among 198 U.S. 75% out-of-state buyers); Calhoun County, Ala. (60%);

Real Estate 545

Real Estate Investors Marketing Buyers 545

Housing Wire

JUNE 22, 2021

For the NAR, this is a record high and marks 111 straight months of year-over-year gains since March 2012. “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist.

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Inventory Buyers Realtors Housing Market 448

Housing Wire

NOVEMBER 23, 2022

The increase in new-home prices reflects a shift in the mix of homes being sold, with fewer homes sold at lower prices points, thus the median price escalated, as well as higher construction costs are being passed on to the consumer,” Kushi said. One year ago, 18% of new-home sales were priced below $300,000.

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Appraisal Buzz

JULY 16, 2024

With the addition of new amenities, upgraded finishes and improved quality of aesthetics and construction, in some cases it is hard to tell the difference between a manufactured home and site-built home. The Cost Advantage for Buyers In this volatile market, the cost to purchase a home remains high. year-over-year.

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Modernization Buyers Construction Marketing 397

Housing Wire

FEBRUARY 9, 2023

At the end of the fourth quarter, the index stood at its lowest level since the NAHB began tracking the data on a consistent basis in 2012. In addition, Q4 also saw average mortgage rates reach a series high of 6.80%.

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Supply Chain Housing Market Marketing Mortgage 397

Housing Wire

DECEMBER 23, 2021

months and above, the builders will pull back on construction. One of the key reasons why the housing crash addicts from 2012-2019 failed badly — and ended up falling even more in 2020 and 2021 — was that we were never working from an overheated short-term credit housing boom that would be hard to sustain. When supply is 4.4

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Inventory Marketing Construction Mortgage 493

Housing Wire

AUGUST 3, 2023

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” We believe this lack of existing homes on the market is pushing prospective buyers toward new homes, bolstering sales and construction,” he added.

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Construction Development Finance Mortgage 370

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

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Real Estate Brokerage Property Management Buyers 345

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” It re-emerged in the AI scene in October 2012. Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. will identify which buyers require immediate contact from the listing agent.

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Real Estate Agent Real Estate Agents Tools 370

Appraisal Buzz

OCTOBER 11, 2024

That’s the lowest level in records dating back to 2012, with the exception of May 2020, when the pandemic brought the housing market to a standstill. Pending sales—a more current gauge of housing market activity that includes both existing and newly constructed homes—fell to the lowest level on record aside from April 2020.

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New Listings Buyers Housing Market Real Estate Agent 195

Miller Samuel

MARCH 19, 2019

A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. Why would renters of high-end apartments be any different than all renters?

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Real Estate Law Development Investors 370

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. homes sold in June found a buyer in less than a month. The market has, ahem , evolved in the four years since. on the Eastside.

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Sellers Buyers New Listings Inventory 61

The Robert Weiler Company

MARCH 15, 2021

Built on land that was once home to the Sunshine Terrace 11-story tower, part of the Riverside Bradley public housing complex was torn down in 2012 to make way for the innovative undertaking. If you have a specialty property for sale, you need a specialty property buyer. As commercial real estate brokers, our job is two-fold.

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Appraisal Property Appraisal Real Estate Buyers 158

Annarbor Appraisal

APRIL 9, 2020

Price increases both with single-family houses and condominium units started in 2012 in earnest. Houses in blue, condominium units in orange, new construction included. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. Year to year trends.

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Property Taxes Buyers Sellers Realtors 78

Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. The share of entry-level homes in overall construction declined from 40% in the early 1980s to around 7% in 2019. “A Two economies. million in 2020.

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Inventory Housing Market Construction Real Estate 78

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. An index score of 100 means that a buyer with a median U.S. The national trend for new construction, however, is generally moving in the opposite direction.

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Buyers Development Construction New Listings 36

Empire Appraisal Group

FEBRUARY 15, 2024

©Tower Ridge, photo courtesy of Netze Homes Three Key Takeaways Advise buyers that nobody should copy trends for their popularity since they change over time; a better approach is to seek joy. After slowing from 2012 to 2014, spec building has picked up, due to an uptick in migration. Boschetti Jr.,

Design 78

Design Real Estate Architecture Property Management 78

Will Springer Realtor

MARCH 14, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. This time last year, buyers were aggressively scooping up available homes before the predicted increase in mortgage interest rates.

Marketing 36

Marketing Buyers Inventory Sellers 36

Will Springer Realtor

DECEMBER 11, 2022

The world of construction appears to be one of the only commodity-based industries yet to become truly efficient in the production of homes, office space and specialty structures. Robert Gordon, a noted Northwestern University economist, estimates the construction industry recorded negative productivity growth around the turn of this century.

Construction 36

Construction Architecture Real Estate Design 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% Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”. construction jobs in the U.S., year-on-year (YoY), according to U.S. “In

Sellers 36

Sellers Marketing Supply Chain Construction 36

Appraisal Today

DECEMBER 8, 2023

In Sacramento, Invitation Homes went on a rampage in 2012 and 2013, and purchased more steadily in subsequent years. to 305,219—the lowest third-quarter level since 2012. The record comes as mortgage rates hover at elevated levels, hitting their highest level in 23 years last week and cutting deep into buyers’ budgets.

Appraisal 68

Appraisal Real Estate Contracts Design 68

Will Springer Realtor

JANUARY 10, 2023

A bright spot for buyers: Active listings for all homes as of Jan. A total of 28,393 homes were sold in King County in 2022 (excluding new construction sales). That is the lowest annual figure since 2012 (27,601), according to MLS data. His goal is to help buyers and sellers navigate the challenges of the real estate process.

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Housing Market Marketing Inventory Real Estate 36

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Why We’re Fearful: Buyer & Seller Mistakes. "A The root causes of buyers overpaying are similar: Using an inexperienced agent (one with less than 6 transactions in total). Get PDF Now. Table of Contents. How Is My Neighborhood Doing?

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Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

NOVEMBER 17, 2023

Will Jazz Icon Dave Brubeck’s Former Midcentury Treehouse in NorCal Sway a Buyer for $3M? The beloved musician died in 2012. Thorne, was best known for his use of steel in residential construction. Most modern homes are constructed on a hillside lot on a downslope or upslope, with the house clinging to the side,” Morris says.

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Appraisal Modernization Training Business 71

Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. million units.

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Real Estate Inventory Buyers Construction 36

Clear Capital

OCTOBER 28, 2021

And, with some of the changes and even like California — some of the zoning changes — allowing for more multifamily construction in what has been traditionally single-family areas. A buyer calls up and goes, “I want to buy it.” ” And the buyers like, “well, that’s easy for me to explain. .”

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Real Estate Tools Agents Real Estate Agent 64

Will Springer Realtor

AUGUST 9, 2021

Housing affordability decreased in 45 of the 50 states from 2012 to 2019. Look at the green states of Idaho, Nevada and Utah on the 2012 map; they have seen housing affordability plummet by 2019, skipping past the yellow category to brown in less than a decade. percentage points. POTENTIAL TAX SAVINGS.

Construction 36

Construction Inventory Property Taxes Development 36

Houston Properties

OCTOBER 1, 2021

We first worked with Paige and her team in 2012 and chose to work with them again in 2021. The 1,100-acre area showcases a great variety of new construction homes and notable amenities. New Construction Homes: Cane Island real estate include two-story houses, patio homes, bungalows, and luxury custom-built residences.

Real Estate Agent 41

Real Estate Agent Realtors Real Estate Agents 41

Appraisal Buzz

DECEMBER 4, 2024

Looking Ahead In 2025, Realtor.com forecasts that buyers and sellers can expect: Average mortgage rates of 6.3%, with rates edging down over the year to reach 6.2% continuing growth trends since 2012 Rents will remain about the same with a slight 0.1% by the end of the year Home prices will grow by 3.7% year over year to 4.07

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Housing Market Marketing Inventory Buyers 370

Movoto

NOVEMBER 4, 2024

Sophie: 2:29: So I read a few articles with headlines that say that there’s been housing market anxiety and potential buyers are sort of waiting and starting to slow down a bit. And so the Pacific Northwest has sort of been dealing with this for a while now and they’ve seen a kind of modest impact on buyer commissions.

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Housing Market Inventory Real Estate Marketing 36