Housing Wire

JANUARY 26, 2021

Record low inventory and strong buyer demand once again pushed up the cost of homes in the U.S., November’s numbers mark the greatest annual growth rate since February 2014 and even blew past the 8.4% as prices in November rose 9.5% nationally over the same time last year, according to the S&P CoreLogic Case-Shiller index.

Inventory 544

Inventory Housing Market Buyers Sellers 544

Housing Wire

NOVEMBER 24, 2020

census divisions rose 7% in September from a year ago, the greatest year-over-year gain since 2014, and nearly 23% higher than its last peak in 2006. uptick reported in August, and represented the largest annual gain since May 2014 as record-low mortgage rates and a lack of inventory continued to put upward pressure on home prices.

Housing Market 525

Housing Market Contracts Construction Inventory 525

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. Back then, we had higher sales, higher inventory, and less price growth, but we had a massive credit bubble.

Inventory 540

Inventory Housing Market Mortgage Construction 540

Housing Wire

DECEMBER 29, 2020

Home prices have continued to increase this year as a result of low inventory and high demand for homes. growth rate was more than six and a half years ago, in March 2014.”. Larger homes have become more popular as more homeowners are working from home, becoming a main driver for construction. census divisions, reported an 8.4%

Construction 543

Construction Buyers Realtors Inventory 543

Housing Wire

NOVEMBER 2, 2020

The last time we had a consistent downtrend in existing home sales was back in 2013-2014. During that same period, the MBA purchase application data were down 20% year over year on-trend in 2014. months, builders pull back, and new construction stalls. This level of inventory means new home sales are doing ok, not great.

Housing Market 545

Housing Market Marketing Inventory Design 545

Housing Wire

DECEMBER 16, 2020

Robert Dietz, chief economist for NAHB, said the issues that have limited housing supply in recent years, including land and material availability and a persistent skilled labor shortage, will continue to place upward pressure on construction costs. According to the NAHB, the price of lumber isn’t helping builder confidence either.

Construction 418

Construction Housing Market Buyers Inventory 418

Housing Wire

APRIL 14, 2023

While spring of 2022 saw a similar share of all-cash homebuyers, one needs to look back to 2014 before seeing similar shares. Homebuyers placed competitive offers on homes while inventory grew increasingly difficult to find. At that time, housing inventory dropped to historic lows making the environment ripe for investors.

Realtors 459

Realtors Buyers Inventory Investors 459

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

Housing Wire

JULY 19, 2023

The lack of existing homes for sale on the market is driving a resurgence of home-price growth and supporting increases in new home construction, according to Fannie Mae ’s Economic & Strategic Research (ESR) group. The extent of the ongoing lack of inventory has exceeded our prior expectation,” the ESR group said in its July commentary.

Construction 284

Construction Inventory Housing Market Marketing 284

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

APRIL 27, 2022

Even though multifamily construction has boosted housing starts recently, the slowdown in single-family purchases hasn’t been anything too dramatic yet. They were simply doing what the marketplace allowed them to do with low inventory and low mortgage rates. From Census: For Sale Inventory and Months’ Supply: The seasonally?adjusted

Construction 370

Construction Buyers Housing Market Inventory 370

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

Construction 370

Construction Housing Market Sellers Real Estate 370

Housing Wire

SEPTEMBER 20, 2022

Even as homebuilder sentiment continued to slide in September, reaching its lowest level since May 2014, housing starts were on the rise in August, increasing 12.2% A slowdown in new construction is concerning in the long-run because there remains a structural and long-term national shortage in the housing market.

Construction 370

Construction Housing Market Buyers Marketing 370

Housing Wire

APRIL 21, 2022

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. This means that the doors, windows, electrical all are done by contractors after the walls have been constructed.”.

Construction 418

Construction Supply Chain Investors Business 418

Housing Wire

DECEMBER 20, 2021

I have never believed in the housing construction boom premise as mature economies don’t have construction booms with slowing population growth. Housing inventory has been falling since 2014 and mortgage purchase applications have been rising since then. I would like to see inventory get toward 1.52 – 1.93

Housing Market 544

Housing Market Inventory Mortgage Marketing 544

Miller Samuel

MARCH 19, 2019

The Fiscal Policy Institute proposed the tax in 2014 , and it has been floating around Albany ever since. That article came out in 2014 right as the housing market was peaking. The White Paper That Started It All. Mayor Bill de Blasio gave it his blessing as well.

Real Estate 370

Real Estate Law Development Investors 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. He currently serves on the Board of Directors of Freddie Mac. Jayachandran served in the Obama Administration at the U.S.

Development 221

Development Government Project Management Design 221

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” in 2022, the weakest showing since 2014. Most of the temporary rate buydowns offered through FBC are paid for by builders, he said. “We

Marketing 435

Marketing Government Mortgage Sellers 435

Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. To read more tips, click here.

Construction 52

Construction Appraisal Modernization Contracts 52

Benyon Commercial Appraiser

SEPTEMBER 18, 2014

The Triangle multifamily/apartment investment market continues to experience demand for new construction, Class A complexes. Some of the most recent deals include: (Raleigh) August 2014 – Meridian at Wakefield, 369 Units, $137,000± per unit. Durham) July 2014 – The Heights at South LaSalle, $185,000± per unit.

Investing 36

Investing Marketing Construction Development 36

Empire Appraisal Group

JANUARY 11, 2023

But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Housing inventory is expected to remain tight in 2023, with housing starts below historical averages and fewer homeowners willing to sell, said NAR Chief Economist Lawrence Yun.

Real Estate 78

Real Estate Marketing Sellers Buyers 78

Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. The regal real estate was first listed in 2014 for $45 million. But whether the Woodstock, CT, chateau actually finds its next ruler, remains to be seen. The 30-year fixed mortgage rate decreased to 7.21

Appraisal 80

Appraisal Contracts Business Construction 80

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. Download the report , or read it below. What happened to real estate prices in 2013?

Marketing 69

Marketing Real Estate Inventory Construction 69

Will Springer Realtor

DECEMBER 14, 2021

There are too many consumers searching for homes and clearly not enough inventory, however that still means costs around goods, services and housing are going to inflate. New construction across King is projected to decline a surprising 11% in dollar terms in 2022. this year nationally and 3.8% established at the start of 2021.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Empire Appraisal Group

FEBRUARY 15, 2024

Homeowners Are More Apt to Stay Put With interest rates for a 30-year fixed mortgage still high, home prices holding steady and inventory still low, many homeowners plan to stay put, optimizing or expanding their existing square footage. After slowing from 2012 to 2014, spec building has picked up, due to an uptick in migration.

Design 78

Design Real Estate Architecture Property Management 78

Houston Properties

JULY 21, 2022

Spring Branch Houston is a neighborhood of mostly new construction single-family houses and townhomes. New construction developments within Spring Branch serve as less expensive alternatives to homebuyers looking for homes near the Energy Corridor and Downtown Houston. – 2014: America’s Best Real Estate Agents, RealTrends.com.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Houston Properties

JULY 18, 2022

Property inventories are shrinking. Despite the surge of new construction homes in the area, the Energy Corridor inventory has become one of the tightest in Houston. – 2014: America’s Best Real Estate Agents, RealTrends.com. – 2014: #1 Individual Agent, Keller Williams Memorial.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Houston Properties

JANUARY 12, 2022

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). Case Study #2: Buying “Pretty” New Construction, Overlooking Limited Land & Freeway Proximity. Year Built: 2014. Zip Code: 77006.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

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

Appraisal Today

JUNE 21, 2024

MORE INVENTORY IS CHANGING THE VIBE: We are no longer at pandemic lows. Tssui designed the home for his parents, who lived in it from 1995 until 2014. Multiple data sources are now indicating that home inventory levels, while still historically low, are up significantly from last year at this time. It’s just not 2021 any longer.

Appraisal 69

Appraisal Architecture Contracts Design 69

Will Springer Realtor

FEBRUARY 13, 2025

The projected slowdown could also reduce demand for new construction even though experts estimate our national housing shortage is about 4M units today. The researchers acknowledge that with such a steep housing shortage, the construction levels could be higher than their stark projections. Insert audible gasp here, perhaps?

Property Taxes 36

Property Taxes Design Buyers Market Value 36

Houston Properties

JULY 22, 2022

New constructions are not as frequent as in neighboring West U. The Southgate Houston market in real estate is a bustling market for sellers, with 1 to 2 homes sold per month in its often low inventory. – 2014: America’s Best Real Estate Agents, RealTrends.com. – 2014: #1 Individual Agent, Keller Williams Memorial.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Houston Properties

JULY 21, 2022

With just over 130 home sites, Oak Estates homes are a mix of traditional one-story homes and plenty of new constructions. Just over 86 acres large, Oak Estates’ real estate market displays a constant low inventory. – 2014: America’s Best Real Estate Agents, RealTrends.com. The Best Houston Realtor to Sell Your Home.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Houston Properties

JULY 15, 2022

A number of new construction custom-built homes are under development in the area. Property inventories are tight. – 2014: America’s Best Real Estate Agents, RealTrends.com. – 2014: #1 Individual Agent, Keller Williams Memorial. – 2015: America’s Best Real Estate Agents, RealTrends.com.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Will Springer Realtor

AUGUST 9, 2022

48% own homes, reflecting a steady rise since 2014. Inventories are on the rise, so much so that one area is now considered a buyer’s market. The bright spots include increasing inventory and falling prices across most of the region. Inventory levels are mounting in King, now at 1.9 Single-family inventory stands at 2.5

Inventory 36

Inventory Buyers New Listings Construction 36

Housing Wire

DECEMBER 31, 2021

Yearly data compiled by the MBA found that in 2014 and 2018, years with weaker origination volume, the LO turnover rate was 44% and 37%, respective-ly. Industry experts also predict that home inventory will increase in 2022, creating more options for borrowers. Bank Home Mortgage , said at the MBA Annual convention.

Marketing 459

Marketing Law Government Mortgage 459

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.

HOA 36

HOA Transportation Construction Buyers 36