Housing Wire

MARCH 19, 2025

Between 2015 and 2023, a majority of remodelers reported a shortage of skilled trade workers including carpenters, electricians and plumbers. The industry also relies heavily on immigrants, which accounted for 34% of the construction trades labor force in 2023.

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Home Improvement Modernization Investing Insurance 334

Housing Wire

JULY 26, 2022

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. Since the summer of 2020, I have genuinely believed the housing market could change once the 10-year yield broke over 1.94%. In response, they stalled construction for 30 months.

Construction 514

Construction Housing Market Inventory Marketing 514

Portland Appraisal Blog

DECEMBER 24, 2024

PEARL DISTRICT SUMMARY STATISTICS Taking the 35,000-foot view, we can see the average yearly prices have been steadily declining since 2016: Average prices this year are essentially the same as they were in 2015. The 27th floor penthouse initially sold for $5,441,294 in 2016 as a new construction.

Marketing 88

Marketing Advertising Appraisal Inventory 88

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.

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Investors Inventory Government Construction 465

Housing Wire

MAY 11, 2024

However, this year, even though the spreads are still historically bad, they’ve improved over last year, which is a plus for the housing market. The fact that this data line is now positive is a very promising sign for the housing market. Right now, the difference between them is 2.60%.

Mortgage 482

Mortgage Inventory New Listings Housing Market 482

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. As you can see below, the new home sales market from 2018-2022 doesn’t look like the housing market we had from 2002-2005.

Mortgage 505

Mortgage Inventory Housing Market Construction 505

Housing Wire

JANUARY 19, 2023

The Census Bureau ‘s housing starts report for December shows that housing completions are still too slow, and we are running out of time this year as housing permits are set to fall until the homebuilders get rid of their excess supply. million until 2020-2024, when demand would finally warrant that type of construction.

Mortgage 508

Mortgage Construction Marketing Housing Market 508

Housing Wire

APRIL 11, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. We had a few years where sales missed expectations in 2013, 2014, and 2015. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

Inventory 514

Inventory Housing Market Marketing Modernization 514

Housing Wire

JUNE 2, 2022

housing market. And now we are facing a tumultuous year of mortgage market normalization. Interest rates are rising, affordability is a challenge, and geopolitical conflicts impact global supply markets. After all, the media would be remiss not to be apprehensive in the current market environment.

Housing Market 468

Housing Market Supply Chain Construction Clients 468

Housing Wire

AUGUST 23, 2022

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. family houses in July 2022 were at a seasonally adjusted annual rate of 511,000, according to estimates released jointly today by the U.S. This is 12.6 percent (±16.9

Construction 370

Construction Housing Market Sellers Real Estate 370

Housing Wire

JANUARY 3, 2024

All in, the district now has more than $50 million in housing assets, the bulk being apartments and condominiums, although it also has single-family homes. It has shown a willingness to absorb operational losses as a landlord, losing almost $2 million last year and almost $5 million since 2015.

Landlords 488

Landlords Home Value Construction Renovations 488

Housing Wire

MAY 13, 2021

Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction. In March, Redfin reported almost two-thirds (63%) of people who bought a home in 2020 made an offer on a property they hadn’t seen in person, up from 32% a year earlier and the highest share since at least 2015.

Construction 488

Construction Government Inventory Mortgage 488

Housing Wire

MARCH 29, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. We had a few years where sales missed expectations in 2013, 2014, and 2015. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

Inventory 435

Inventory Housing Market Marketing Modernization 435

Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. This is just one more arrow in their quiver.”

Loan Officers 448

Loan Officers Clients Mortgage Construction 448

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. We should see slow growth in new home sales and housing starts as long as the monthly supply of new homes is below 6.5

Housing Market 544

Housing Market Inventory Mortgage Marketing 544

Housing Wire

DECEMBER 14, 2024

Mortgage spreads I cannot emphasize enough how positive this year’s mortgage spreads have been for the housing market and the general economy. Thanksgiving came one week later this year, hence the one-week delays on a lot of weekly housing data. Weekly inventory change (Dec.

Mortgage 448

Mortgage Inventory New Listings Contracts 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. Sun Belt metro areas have a higher concentration of single-family homes.

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Inventory Construction Housing Market Mortgage 284

Housing Wire

JULY 13, 2024

Retail sales are on Tuesday and housing starts are on Wednesday. The big focus for housing starts data is if single-family permits keep falling, which isn’t bullish for construction labor going out. I want to see if we get more dovish statements from other Fed presidents this week.

Mortgage 514

Mortgage New Listings Inventory Contracts 514

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. As a result, there are a large number of new housing units that have been added to high-cost locations where people hope to live and work.

Tenants 418

Tenants Government Law Buyers 418

Housing Wire

APRIL 1, 2022

The years 2020-2024 were going to be different not only for the housing market but also for the labor market. Just whistle, folks — that is a hot labor market. Look at the jobs data and which sector added jobs in March: Construction jobs came in positively, which we need in this country.

Construction 476

Construction Marketing Housing Market Retail 476

Appraisal Buzz

JUNE 14, 2024

As homeowners and renters nationwide continue to struggle with high housing costs, on the for-sale side, millions of potential homebuyers have been priced out of the market by high home prices and interest rates, while the number of renters with cost burdens has hit an all-time high.

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Development Government Project Management Design 221

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. That article came out in 2014 right as the housing market was peaking.

Real Estate 370

Real Estate Law Development Investors 370

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. Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®. After all, this isn’t the first time the unique property has been listed.

Appraisal 84

Appraisal Contracts Business Construction 84

Houston Properties

JULY 20, 2022

She knows so much about the housing market so we felt very confident that we were in great hands!” – Dr. Jen Shroff. Established on April 15, 1923, the restrictions state: No apartment houses or duplexes in Southampton. Minimum construction costs on Rice Boulevard: $12,000 to $15,000.

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Real Estate Agent Real Estate Realtors Agents 36

Eppraisal

JULY 23, 2024

According to the Census Bureau, the median size of new single-family homes peaked around 2015 at approximately 2,467 square feet. In 2022, the median size of new single-family homes was approximately 2,273 square feet, reflecting a modest increase but still below the peak of 2015. Since then, there has been a gradual decline.

Transportation 36

Transportation Property Taxes Buyers Real Estate 36

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 76

Appraisal Contracts Sellers Insurance 76

Will Springer Realtor

APRIL 14, 2023

“After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

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Contracts Buyers Housing Market Design 36

Appraisal Today

DECEMBER 8, 2023

The process took several years of securing building permits, and the house was completed in 2015. Weekly housing-market data goes back through 2015. To read more, Click Here My comments: What’s happening in your market? Below is my market from a local newspaper. The four-bedroom, 4.5-bath

Appraisal 70

Appraisal Real Estate Contracts Design 70

Will Springer Realtor

JANUARY 11, 2023

A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’”. Here are some that were touted in this newsletter within the last year – and are still on the market today. CONDO NEWS.

Housing Market 36

Housing Market Architecture Contracts Buyers 36

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? Case Study #2: Buying “Pretty” New Construction, Overlooking Limited Land & Freeway Proximity. Geo Market Area: Rice / Museum District. Quality of construction. Zip Code: 77006. Floor plan.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

JUNE 10, 2022

House decorating used a lot of seashells and items found on the local beach. Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. Hot housing market not a bubble, economists say. Available to rent on Airbnb, of course. Jun 7, 2022.

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Appraisal Contracts Business Mortgage 52

Houston Properties

FEBRUARY 3, 2022

The housing market has never been stronger and having a strong team of experts on your side to navigate the journey has never been more critical. We give you insight on upcoming properties, market knowledge, comps, relationships with trusted advisors to help you inspect and maintain your home.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Will Springer Realtor

APRIL 11, 2022

The spring housing market will include a trio of indicators – all rising. Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”. APRIL HOUSING UPDATE. THE IMPACT OF SURGING RATES. soaring interest rates (bad!)

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

AUGUST 11, 2023

Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). counties are in our region.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

FEBRUARY 13, 2025

Census data, the median square footage of new single-family units peaked in 2015 at 2466 square feet and dropped to 2177 in 2023. The projected slowdown could also reduce demand for new construction even though experts estimate our national housing shortage is about 4M units today. According to U.S. Demographics.

Property Taxes 36

Property Taxes Design Buyers Market Value 36

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

APRIL 8, 2021

housing markets. The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. MARCH HOUSING UPDATE. The screws are tightening on an already tight housing market. San Jose, Calif.,

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Inventory New Listings HOA Buyers 36