Housing Wire

JUNE 2, 2023

Even though the pace of layoffs has picked up, many businesses, particularly in transportation, healthcare, and hospitality, continue to have strong demand for workers,” Mike Fratantoni , the Mortgage Bankers Association’s chief economist, said in a statement. in April, with the total number of unemployed persons rising to 6.1

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Housing Wire

DECEMBER 2, 2022

In February 2020, a combined 300,000 were employed in “ real estate credit ” and as mortgage and nonmortgage loan brokers. As of October, there were roughly 385,700 people in those jobs, suggesting that the industry still has a large number of cuts to make in the coming months as the housing market slows further.

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Housing Wire

DECEMBER 2, 2022

Employment declined in retail trade and transportation, and warehousing. This is why we like the economy to have a tighter labor market, so people of all educational backgrounds can be employed. On April 7, 2020, I wrote the America is Back recovery model for HousingWire, which I then retired on Dec. percent, the U.S.

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Housing Wire

JUNE 3, 2022

Notable job gains occurred in leisure and hospitality, in professional and business services, and in transportation and warehousing. A tighter labor market is a good thing, I always say; this means people with less educational backgrounds can get employed as we do have many jobs that don’t require a college education. percent, the U.S.

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Housing Wire

JANUARY 5, 2024

Here are my three key points on the labor market recovery since I retired my COVID-19 recovery model on Dec. 9, 2020: 1. Employment continued growing in government, health care, social assistance, and construction, while transportation and warehousing lost jobs. Job openings should get to 10 million. (We percent, the U.S.

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Housing Wire

OCTOBER 2, 2024

As localities across the country wrestle with housing shortages, one Massachusetts town will make its case to a panel of judges next week to argue against a plan that requires the construction of more multifamily units, according to reporting by USA Today and state records reviewed by HousingWire. According to 2020 data from the U.S.

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Housing Wire

DECEMBER 3, 2021

Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. Feb 2020: 152,553,000 jobs Today: 148,611,000 jobs That leaves 3,942,000 jobs left to gain in the next 10 months, which is 394,200 jobs per month. away from being back to February 2020 levels.

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Housing Wire

JANUARY 17, 2024

after the initial lockdowns in 2020 before rocketing to almost 206 in June 2022. Transportation and warehousing services peaked around 150 in May of 2022 and has fallen slightly in most proceeding moths, landing at 130 last December. Energy, residential homebuilders’ most volatile net input, nosedived to 49.5

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Housing Wire

APRIL 12, 2023

This was the first time the food at home index posted a decline since September 2020. Higher mortgage rates have slowed demand by pricing some would-be buyers out of the market,” Sturtevant said. The Federal Reserve is not going to solve the problem, no matter how much some people hope that is the case.

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Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? As energy efficiency becomes a more visible data point, it’s likely that this will become a marketing point for eco-conscious renters and buyers. Secondary Real Estate Markets On the Rise. Inflation peaked at 7.9%

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Housing Wire

OCTOBER 7, 2022

Transportation and warehousing jobs falling isn’t a surprise since many companies have hired too many people in that sector. When the labor market breaks, claims tend to shoot up fast, and the job-loss recession will have started. The Federal Reserve is using the labor market as cover for its aggressive rate hike language.

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Transportation Marketing Insurance Government 539

Housing Wire

MAY 6, 2022

Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing. The internals of the labor market are very healthy; job openings are over 11.5 away from being back to February 2020 levels. 9, 2020, I knew getting all the jobs back lost to COVID-19 would take some time.

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Housing Wire

JUNE 7, 2023

It’s important to note that as of 2020, 41% of Arizona’s water supply came from groundwater, 36% from the Colorado River, 18% from in-state rivers, and 5% was reclaimed water. in May, the biggest drop of any housing market in America. I’m waiting for someone to propose transporting water from Mars.

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Housing Wire

DECEMBER 4, 2020

Private employment gains were largely driven by some of the industries hit hardest by the pandemic – with rises in transportation and warehousing (+145,000) and professional and business services (+60,000), as well as an increased demand for those in the health care sector (+104,000). below pre-pandemic February levels. census count.

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Miller Samuel

MARCH 19, 2019

Andrew Cuomo's office suggested last week that such a levy might reap $9 billion for the moribund Metropolitan Transportation Authority over the next decade and Assembly Speaker Carl Heastie reiterated his chamber's support proposal at a Crain's breakfast forum days later. That article came out in 2014 right as the housing market was peaking.

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Real Estate Law Development Investors 370

D Fritz Appraisals

NOVEMBER 17, 2021

Victoria’s Missing Middle Housing Initiative. As Canada’s housing market continues to hit record levels, young Victoria families are facing the decision to stay in condominiums and apartments or move elsewhere to be able to purchase a single-family home or townhouse with yard space.

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DataMaster

AUGUST 25, 2021

Let’s examine the state of the housing market and what the effects of high household costs are. While rates dropped slightly over the last year for 0- and three-bedroom apartments, national average rent went up from 2020-2021 for one-and two-bedroom apartments. increase) to $51,168 in 2020 (a 28% increase).

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Housing Market Transportation Government Tenants 88

DataMaster

AUGUST 25, 2021

Let’s examine the state of the housing market and what the effects of high household costs are. While rates dropped slightly over the last year for 0- and three-bedroom apartments, national average rent went up from 2020-2021 for one-and two-bedroom apartments. increase) to $51,168 in 2020 (a 28% increase).

Housing Market 78

Housing Market Transportation Government Tenants 78

DataMaster

AUGUST 25, 2021

Let’s examine the state of the housing market and what the effects of high household costs are. While rates dropped slightly over the last year for 0- and three-bedroom apartments, national average rent went up from 2020-2021 for one-and two-bedroom apartments. increase) to $51,168 in 2020 (a 28% increase).

Housing Market 78

Housing Market Transportation Government Tenants 78

McKissock

SEPTEMBER 7, 2021

How Tech and Aerospace Are Already Impacting the Real Estate Market. As tech companies grew exponentially over the last 20 years, so have the housing prices around them. In fact, a quick glance at housing prices between 2000 and 2020 show percentage increases in the double and triple digits. What’s Next?

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Eppraisal

JULY 23, 2024

By 2020, the median size had decreased to about 2,261 square feet. Many prefer urban living with access to public transportation, entertainment, and work opportunities, where space is at a premium. As the real estate market continues to evolve, homebuilders, buyers, and industry professionals must adapt to these changes.

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Transportation Property Taxes Buyers Real Estate 36

Appraisal Today

JANUARY 27, 2023

One of the most quoted experts on housing markets, Jonathan Miller of real estate appraisal company Miller Samuel, won an unusually large 30-way bidding war for a Connecticut house built in 1755.” Most buyers interested in a home that has not been electrified also rely on horse and buggy as a common form of transportation.

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Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. Estimated opening is 2026.

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Will Springer Realtor

DECEMBER 8, 2021

GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. >> A survey of National Association of Realtors® members showed 34% of their clients were first-time buyers, up from 31% the previous year (July 2020-June 2021). A full 40% of U.S.

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Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

APRIL 11, 2022

That’s what the people behind The Emerald condo did when it opened in 2020. A builder could also agree to install more bike storage or pay a fee-in-lieu to fund public parking and transportation infrastructure that serves the entire neighborhood. The spring housing market will include a trio of indicators – all rising.

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Construction Development Inventory Buyers 36

Will Springer Realtor

MAY 13, 2024

Many residents struggle to find and keep a home that they can afford, accentuated by soaring housing prices since the start of the pandemic in 2020. Researchers for Harvard University’s Joint Center for Housing Studies claim the median price for a single-family home in King and Pierce counties combined was 7.3 shy of the need.

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HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

By all measures, our region (and the rest of the country for that matter) experienced one of the worst six months (June-November) any housing market has seen in at least a decade. Yes, the great housing market reset is in full swing. To be clear, we are not heading toward a housing market crash – not even close.

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Real Estate Buyers Construction Sellers 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

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Appraisal Buzz

AUGUST 29, 2022

The infrastructure upgrades inside the bill could significantly impact some of the housing market’s problems. The Current Housing Crisis. In the past few years, home prices have risen to the point where we are in another housing crisis. In 2020, 30% of all households had “unaffordable” mortgage or rent payments.

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Transportation Law Investing Investors 370

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. Except for the pandemic year of 2020, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available. What might we see in local real estate?

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Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

AUGUST 9, 2022

ADUs also help local economies by providing housing to people on the lower-to-middle economic scale to live within typically pricy urban areas that are closer to job centers and greater public transportation options. cities to determine the fastest-rising housing markets and two in our area ranked in the Top 25.

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Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. 2020 was the best year in American history for personal income. So, what did they do?

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Will Springer Realtor

JULY 9, 2021

Create options for multiple modes of transport – bikes, cars and transit should all be factored in. David Goldberg, chair of the Land Use & Transportation Committee of the Seattle Planning Commission, is helping to lead the city’s own 15-minute neighborhood. Flipping the coin, in the fourth quarter of 2020, 1.8

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Will Springer Realtor

JUNE 9, 2023

Can the housing market cope with rising demand? Our state is among five out West experiencing the greatest undersupply of housing in the nation (California, Colorado, Utah and Oregon are just ahead of Washington on the list.) could potentially generate thousands of homes in areas already served by public transportation.

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Housing Wire

FEBRUARY 26, 2025

Department of Housing and Urban Development (HUD) is eliminating an Obama-era rule that became a lightning rod during the 2020 election. During a media conference on Wednesday, HUD officials announced that the agency was ending the Affirmatively Furthering Fair Housing (AFFH) rule.

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Housing Wire

NOVEMBER 26, 2024

In 2023, the housing industry accounted for 32.9% This share represented the largest portion of expenditures, easily outpacing transportation (17%) as the next closest category. Economists and other experts say this could negatively impact housing affordability by increasing building material prices.

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Will Springer Realtor

DECEMBER 17, 2024

The housing markets 2025 motto? Read more about the Seattle metro housing market in my monthly blog post, including the latest report here.) To improve the shortage and address affordability challenges industry experts, including our local Realtor associations, recommend prioritizing an increase in housing density.

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