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. Residential building construction added 2,400 jobs during the month.

Construction 377

Construction Real Estate Housing Market Transportation 377

Appraisal Buzz

JUNE 6, 2024

percentage points from the fourth quarter of 2023; Life company portfolios (60 or more days delinquent): 52%, an increase of 0.16 percentage points from the fourth quarter of 2023; Fannie Mae (60 or more days delinquent): 44%, a decrease of 0.02 percentage points from the fourth quarter of 2023. office markets.

Mortgage 170

Mortgage Construction Transportation Investors 170

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 430

Inventory Housing Market Marketing Construction 430

Housing Wire

SEPTEMBER 1, 2023

Employment continued to trend up in health care, leisure and hospitality, social assistance, and construction. Employment in transportation and warehousing declined. The 10-year yield is slightly below my peak forecast for 2023 of 4.25%, sitting currently at 4.18%. percent, the U.S. Bureau of Labor Statistics reported today.

Transportation 464

Transportation Marketing Construction Housing Market 464

Housing Wire

JUNE 2, 2023

Job gains occurred in professional and business services, government, health care, construction, transportation and warehousing, and social assistance. In theory, 2022 and 2023 are tight labor markets and wage growth is slowing down. Hours worked have fallen in the last few months, and wage growth is slowing.

Marketing 431

Marketing Transportation Construction Government 431

Housing Wire

NOVEMBER 28, 2022

The question now is whether there is a way to avoid the job-loss recession we’re facing in 2023. The downturn in the LEI reflects consumers’ worsening outlook amid high inflation and rising interest rates, as well as declining prospects for housing construction and manufacturing. did not go into a recession at the start of 2022.

Transportation 533

Transportation Construction Housing Market Mortgage 533

D Fritz Appraisals

JULY 4, 2024

A 2023 Leger poll found that 68% of British Columbians are concerned that they won’t be able to pay their mortgage or rent, and another 93% agree that increasing rental prices have become a serious problem. New rules and standardized designs are helping home builders speed up the construction of small-scale multi-unit housing.

Construction 111

Construction Government Appraisal Transportation 111

McKissock

JANUARY 6, 2023

Here are a few ideas for transforming your appraisal career in 2023. An assessor may contract with an independent fee appraiser to help identify property characteristics, measure properties, confirm the building’s condition and quality of construction, or review assessment disputes from taxpayers. Consider salary-paying opportunities.

Appraisal 74

Appraisal Training Lending Land Management 74

Appraisal Buzz

JUNE 3, 2024

That has resulted in credit standards tightening and fewer transactions happening in the market (according to CBRE, commercial real estate volumes were down 54% through Q3 2023 ). Consider the property’s proximity to amenities, transportation, schools, and employment hubs. Well-located assets will typically always have buyers.

Investors 195

Investors Marketing Renovations Real Estate 195

Will Springer Realtor

DECEMBER 13, 2022

early in 2023 and drop to 7.1% The housing market is expected to face continued uncertainty heading into 2023 as consumers, financial markets, and policymakers work through their respective challenges in today’s economy,” said Ali Wolf, chief economist for real estate research firm Zonda. It believes rates will rise to about 7.4%

Real Estate 36

Real Estate Buyers Construction Sellers 36

The Robert Weiler Company

APRIL 7, 2023

Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. The material and how it’s installed are critical to constructing a building and ensuring a tight building envelope. Waste Management A new construction project always results in a lot of waste.

Real Estate 109

Real Estate Construction Investing Development 109

Eppraisal

JULY 23, 2024

Preliminary data for 2023 suggests that the median size is stabilizing around 2,280 square feet. Land prices, construction costs, and regulatory expenses have all increased, making it more expensive to build larger homes. This trend suggests a shift towards smaller homes compared to the mid-2010s peak.

Transportation 36

Transportation Property Taxes Buyers Real Estate 36

Lamacchia Realty

JULY 2, 2024

Their team is experienced in handling everything from packing and transporting to unloading your belongings with the utmost care. This strategic move protects your items from construction-related damage and streamlines the entire renovation process, making it smoother and more efficient.

Renovations 64

Renovations Inspection Transportation Modernization 64

The Robert Weiler Company

APRIL 5, 2023

Almost one-third of new warehouse space for lease is snatched up before the construction project is complete. Real estate market investment management firm, JLL, is also forecasting a favorable 2023 for the Columbus, Ohio industrial space market. Renters are outpacing the construction of industrial units and warehouses.

Landlords 144

Landlords Tenants Logistics Real Estate 144

Will Springer Realtor

APRIL 14, 2023

Speaking of Europe, major cities – from Porto to Prague – encourage the masses to use public transportation, bikes and walking over the use of vehicles. is working toward reducing the number of parking spaces required in new developments while adding more resources to support walking, cycling and public transport. in the last 10 years.

Transportation 36

Transportation Sellers Construction Real Estate 36

Appraisal Today

FEBRUARY 9, 2024

Acre lot, built in 2023 as a spec home. The tremendous growth in the creation of infrastructure for the expansion of major cities, water systems, canals for transportation of goods, road and street systems, inevitably required acquisition of private property. single-family homes for sale in the fourth quarter were new construction.

Appraisal 81

Appraisal Contracts Insurance Construction 81

Will Springer Realtor

MAY 13, 2024

In March 2023, we had an undersupply of 1.7M 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. home sales in 2023, the highest level since 2014. We are now experiencing historic shortages. shy of the need.

HOA 36

HOA Transportation Construction Buyers 36

Appraisal Today

JUNE 14, 2024

For example, certain houses can be constructed for 50% less than a similar-sized site-built home, making quality housing more affordable for thousands of Americans. Factory-built house is a term that refers generally to a number of house types that are constructed or fabricated, at least in part, off site.

Appraisal 74

Appraisal Contracts Sellers Insurance 74

Will Springer Realtor

DECEMBER 8, 2021

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”. construction jobs in the U.S., year-on-year (YoY), according to U.S. “In

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

MAY 4, 2021

Looking West, restrictions on new construction limit building heights to 85 feet (about eight stories) and promise stunning sunsets for KODA residents in years to come. KODA is on the doorstep to all transportation options. What’s truly special are the views from the 17 th floor, outdoor rooftop or seventh-floor terrace.

Modernization 36

Modernization Transportation Design Buyers 36

Will Springer Realtor

APRIL 11, 2022

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. 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.”.

Construction 36

Construction Development Inventory Buyers 36

Housing Wire

MAY 16, 2022

Another provision, originally floated in Biden’s 2023 budget , would give HUD $25 billion to distribute to state and local housing finance agencies, their partners, tribes and territories, for developing housing of “modest density,” or less than 100 units. The measure would stop short of financing land purchases, however.

Supply Chain 380

Supply Chain Finance Development Renovations 380

Will Springer Realtor

SEPTEMBER 12, 2023

A concrete and steel cover connecting First Hill to downtown, for example, would reduce traffic noise, potentially add more parkland and encourage construction of new housing. Pro tip: Always bring a buyer broker to represent you to a new construction site. BY THE NUMBERS >> A survey of 2000 adults across the 50 largest U.S.

Sellers 36

Sellers Development Retail Real Estate 36

Will Springer Realtor

OCTOBER 8, 2021

Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Buyers will likely snap up any home to be within walking distance of the new transportation hubs. Doing so, locks in today’s home prices that will likely only appreciate by the time move-in takes place in early 2023. Who needs a car?!

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

DECEMBER 12, 2023

at this time in 2023 (quite optimistic!). I am finishing up my annual blog post that looks back at 2023 and takes a glimpse ahead at the full picture – housing, economy, jobs and new technology. cities, up a notch from the 2023 report. A year ago, realtor.com believed rates would end this year at 7.1% (pretty darn close).

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

JUNE 9, 2023

Investment in affordable housing near inexpensive public transportation is a key mechanism to reduce the cost of living, and housing investments can help mitigate climate change when coordinated with transit options. could potentially generate thousands of homes in areas already served by public transportation. Wichita, Kan.,

Buyers 36

Buyers Transportation Housing Market Law 36

Will Springer Realtor

MARCH 19, 2024

The 3-month, 2023 session was deemed the Year of Housing, with 23 pieces of relevant legislation becoming law. This so-called transition land is unsuitable for logging or other uses that generate state revenue and will be handed to developers who agree to construct homes for households with incomes at or below 80% of the median family level.

Real Estate 58

Real Estate Tenants Government Development 58

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. Target opening is spring/summer 2023. to 2333 sq.

Buyers 36

Buyers Development Transportation Inventory 36

Housing Wire

MARCH 7, 2024

Other departments benefiting from the allocation include Veterans Affairs (VA), as well as agriculture, interior, transportation, justice, commerce and energy, according to reporting from The Hill. The government-owned company has been sounding the alarm over the past year about a need for additional authority from Congress.

Transportation 383

Transportation Government Development Modernization 383

Will Springer Realtor

SEPTEMBER 11, 2024

from August 2023 to August 2024, though eating out will cost you 4.0% The revenue would go toward funding the Seattle Social Housing Developer (SSHD), which voters overwhelmingly approved its creation in 2023. In that span, roughly 33,000 additional multi-family homes were constructed in the city – for rent. 5-11pm ; Sat.,

Real Estate 36

Real Estate Modernization Government Construction 36