Remove 2014 Remove Construction Remove Realtors
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U.S. home prices hit 14-year high in October

Housing Wire

growth rate was more than six and a half years ago, in March 2014.”. million, according to the National Association of Realtors. Larger homes have become more popular as more homeowners are working from home, becoming a main driver for construction. The last time that the National Composite matched this month’s 8.4%

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Can first-time homebuyers afford homes today?

Housing Wire

The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market.

Realtors 459
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The new home sales recession continues

Housing Wire

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. 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.

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Why housing inventory is so low right now

Housing Wire

We had a few years where sales missed expectations in 2013, 2014, and 2015. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. The National Association of Realtors provides a monthly snapshot of inventory with its existing home sales report.

Inventory 514
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Why housing inventory is so low right now

Housing Wire

We had a few years where sales missed expectations in 2013, 2014, and 2015. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. The National Association of Realtors provides a monthly snapshot of inventory with its existing home sales report.

Inventory 435
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Rate buydowns are the cat’s meow in today’s market

Housing Wire

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.” The National Association of Realtors (NAR) reports that existing-home sales dropped 17.8% in 2022, the weakest showing since 2014.

Marketing 435
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Lamacchia Realty Announces Top Producing REALTORS® for October 2024

Lamacchia Realty

Lamacchia Realty's Top Producing REALTORS® for October 2024! has released its “Top Producing REALTORS®,” for October 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.