Housing Wire

JANUARY 8, 2021

Due to massive losses in the servicing sector outnumbering professional and construction job gains, the raw number of nonfarm payroll employment fell by 140,000 – the first decline since April of last year. More workers in the sector should support the faster pace of housing construction the market needs,” Fratantoni said.

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Construction Retail Law Inventory 468

Housing Wire

MARCH 23, 2022

Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. months and above, the builders will pull back on construction. It’s taking forever to build a home and that has created a huge number of homes under construction.

Mortgage 505

Mortgage Inventory Housing Market Construction 505

Housing Wire

OCTOBER 20, 2020

In contrast, multifamily starts fell 16.4%, to one of the slowest monthly paces since 2013, not including this past April.” “The housing market is being constrained by the lack of inventory, with both new and existing homes being sold faster than new listings are arriving.”. .” . “The former rose 8.5%

Construction 505

Construction New Listings Housing Market Inventory 505

Housing Wire

MARCH 23, 2021

to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. While some economists pointed to harsh weather as a likely deterrent of February home sales, others noted the plague of rising home prices, limited inventory and the uptick in mortgage rates.

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Construction Buyers Development Contracts 532

Housing Wire

FEBRUARY 23, 2021

Rates have slowly climbed back towards 3% in the past few months, but inventory is still low , keeping prices high. Finally, lumber and other building materials are still scarce, forcing construction companies to delay projects and prevent an inventory build-up. December 2020’s 10.4%

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Inventory Contracts Finance Construction 468

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. From 2013 to 2022 I forecasted price growth every year.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

AUGUST 3, 2022

People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% We saw this in 2013-2014 and 2018-2019. The builders would love rates to get back to these levels so they can be sure to sell some of the homes they’re finishing up on the construction side. NAR total inventory data.

Mortgage 514

Mortgage Inventory Sellers Housing Market 514

Housing Wire

AUGUST 23, 2022

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. The builders are in a better position to manage their inventory glut than when they were working from a credit boom in 2005 that took new home sales up to 1.4

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Construction Housing Market Sellers Real Estate 370

Housing Wire

NOVEMBER 2, 2020

The last time we had a consistent downtrend in existing home sales was back in 2013-2014. months, builders pull back, and new construction stalls. We saw this in 2018 and then spent the entire year of 2019 selling off the excess inventory. This level of inventory means new home sales are doing ok, not great.

Housing Market 545

Housing Market Marketing Inventory Design 545

Housing Wire

MAY 6, 2022

Some historical references: The last two times rates rose, this is what we saw — 2013/2014 negative — 20% year over year trend 2018 purchase application data was flat to slightly positive all year long; we only had three mild negative years over year prints when rates headed to 5%. This data line is trend survey data.

Inventory 370

Inventory Housing Market Marketing Construction 370

Appraisal Buzz

JUNE 14, 2024

As a surge in new multifamily rental units has slowed down rent growth, single-family construction is starting to lift for-sale inventories. Under Palmer’s leadership, Taylor Morrison has been successful in creating trustworthy relationships with both internal and external customers.

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Development Government Project Management Design 221

Clear Capital

AUGUST 30, 2021

Note that due to unprecedented conditions in spring 2020 (due to COVID restrictions) and tight inventory in spring 2021, the year-over-year numbers based upon paired sales in certain rapidly-rising markets (like Phoenix) may be overstated. Fortunately, we do have some history to point to — the taper tantrum of 2013.

Marketing 66

Marketing Real Estate Inventory Construction 66

Empire Appraisal Group

AUGUST 1, 2024

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. Can Tiny Homes Help the Housing Shortage? Why tiny homes? .

Legal 78

Legal Buyers Construction Government 78

Round Rock Appraisal

JUNE 23, 2013

Date : 6/23/2013. Inventory and Sales : The neighborhood is currently experiencing quite a boom with sales up 55% over the last year. homes per month, this puts inventory levels right around 6.8 New Homes and Construction : Construction is still ongoing in this sprawling community. of total sales volume.

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Housing Market Marketing Home Value Construction 36

Housing Wire

MARCH 8, 2021

Newly built housing inventory is rising, up to about four months supply at the current strong pace. Homebuilders have increased the pace of construction, but continue to struggle with supply chain issues, with a sharp rise in input costs. According to National Association of Realtors data, there was only 1.9

Supply Chain 534

Supply Chain Inventory Construction Marketing 534

Will Springer Realtor

APRIL 11, 2022

Parking stalls in the Puget Sound region increased by 13% from 2013 to 2018, while the population increased by 9% and housing rose by only 6%, according to local data sources. This year’s buying and selling campaign will be marked by increasing inventory (good!), overall, where housing inventory rose 2.4% BY THE NUMBERS. >>

Construction 36

Construction Development Inventory Buyers 36

Appraisal Today

DECEMBER 15, 2023

The American Enterprise Institute (AEI) publishes data tracking the mortgage and appraisal production numbers of both Fannie Mae and Freddie Mac (the GSEs) going back to 2013. With the pivot towards new construction gaining steam, development patterns for single-family homes, in particular, should be closely tracked.

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Appraisal Contracts Business Mortgage 78

Appraisal Today

DECEMBER 8, 2023

In Sacramento, Invitation Homes went on a rampage in 2012 and 2013, and purchased more steadily in subsequent years. Constructed from adobe and stucco in 1981, this luxe earthship is known as the Desert Flower. I’m not aware of any location in the state where Invitation Homes is currently acquiring a large number of units.

Appraisal 68

Appraisal Real Estate Contracts Design 68

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”).

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

MARCH 14, 2022

Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic. Condo inventory is not much better.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

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

Appraisal Today

DECEMBER 13, 2024

If these initiatives return in his second term, they could have a big impact on everything from mortgage rates to new home construction, according to the new forecast. average expected across 2024 by year-end, but still well above the 4% historical average recorded from 2013 to 2019. across 2025, and end the year at 6.2%.

Appraisal 53

Appraisal Contracts Real Estate Mortgage 53

Will Springer Realtor

DECEMBER 17, 2024

This year saw sharply expanding inventory, up 29% year-on-year nationally (through October; latest data) and 26% YoY across King County (November 2023-November 2024). home sales slumped for the second straight year, averaging 3.96M units transacted (excluding new construction) on a 12-month basis through October, up 2.9%

Real Estate 37

Real Estate Buyers Sellers Development 37