Housing Wire

JULY 26, 2023

Because of historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market, major insurance carriers like State Farm and Allstate are no longer issuing new homeowner insurance policies in California. The result? Insurance policies for homeowners are skyrocketing.

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Sacramento Appraisal Blog

JUNE 22, 2023

The housing market for new homes is rebounding, but that’s definitely not how I’d describe the rest of the market. Today I have some thoughts about new construction, avocado toast, and positioning yourself for the market that is happening. Skim or digest slowly.

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Construction Housing Market Real Estate Appraisal 359

Housing Wire

AUGUST 2, 2024

Job gains in July were most notable in industries like health care (55,000 jobs), transportation and warehousing (14,000 jobs), and construction (25,000 jobs), a positive for the housing industry. Overall, for the past year, the construction sector has added an average of 19,000 jobs per month.

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Marketing Mortgage Construction Transportation 493

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

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Insurance Housing Market Marketing Agents 370

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. The vast majority of these investors are small investors, owning less than 10 total homes.

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Investors Inventory Government Construction 465

Portland Appraisal Blog

MARCH 15, 2025

Via Unsplash The first quarter of 2025 is already drawing to a close, but let’s take the time to review how the Portland Region’s condominium market performed in 2024. High mortgage interest rates have been a concern in all segments of the housing market and condominiums were no exception.

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Housing Market HOA Marketing Construction 88

Housing Wire

MAY 30, 2023

“As inventory remains a challenge in this market, so too will affordability be rocked by stubbornly high prices that aren’t looking to move drastically any time soon. Although March marked the second consecutive month of monthly price increases, Lazzara does not believe the industry is out of the woods yet.

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Housing Wire

NOVEMBER 2, 2021

California-based Anchor Loans, founded in 1998, provides capital for professional residential real-estate investors through bridge and construction products. housing market during a shortage of housing supply and an insufficient stock of move-in ready homes. Last month, New Residential Investment Corp.,

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Housing Wire

DECEMBER 18, 2020

And it’s a trend that is only going to get worse, as real estate company Redfin reports that hot housing markets in major southern cities , including Austin, will become less affordable in 2021. They’re frustrated and seeking newly constructed homes or moving further out on the outskirts of Austin , she said.

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Realtors Inventory Housing Market Real Estate 476

Appraisal Buzz

JULY 5, 2021

While drive-by appraisals have been a part of the industry much longer than COVID, they are definitely not ideal in a lot of circumstances — namely, the traditional circumstances that require a home appraisal for sale. Specifically, construction labor is in short supply. Your Local Community Matters More Than Ever.

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Housing Wire

MAY 10, 2023

We know home price growth and rent growth have been decelerating, and prices and rents have even been falling in some markets,” Sturtevant said. Looking back at historic data, the shelter component of the CPI definitely tracks behind trends in the overall inflation metric. Inflation has calmed down while rents are still accelerating.

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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.”. Khater wrote.

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Construction Supply Chain Investors Business 418

Housing Wire

AUGUST 17, 2021

For better or worse, trends in the mortgage industry tend to mirror corresponding trends in the overall real estate market. Emerging out of the pandemic, the first half of 2021 showed that there is a historically low housing inventory across multiple markets in the U.S.

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Mortgage Inventory Real Estate Technology 518

Appraisal Buzz

JUNE 11, 2024

Keeping stock of manufactured home supply According to 2021 American Housing Survey (AHS) , compiled by the U.S. Department of Housing & Urban Development (HUD) and U.S. Census Bureau, the nation’s manufactured housing market provides affordable housing to nearly 6.7 million households own the land and unit, 1.8

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Housing Wire

MARCH 26, 2024

In addition, any reprieve in the housing inventory shortage created by more multifamily units hitting the market is expected to be short-lived. In recent congressional testimony , Mortgage Bankers Association (MBA) chief economist Mike Fratantoni pointed out that the housing market is now extremely supply challenged.

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Investors Marketing Inventory Real Estate 482

Housing Wire

SEPTEMBER 12, 2023

So, the author tried to use new construction prices from back in April to describe the whole U.S. housing market now. That’s frankly surprising given how cold the housing market froze last fall. This market is fragile, even though it’s not deteriorating, it could. housing market now.

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Housing Wire

AUGUST 3, 2023

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” below 4%) and today’s current market rates has created a so-called “lock-in effect.” That shortage is estimated to range from 1.5

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Housing Wire

JULY 13, 2023

The housing market tends to be ‘downside sticky,’ which means rents don’t typically fall much even when renter demand pulls back,” Redfin Deputy Chief Economist Taylor Marr said in a statement. “And it’s definitely not the institutionally favored markets right now,” he said in a LinkedIn post.

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Landlords Brokerage Construction Marketing 369

Appraisal Buzz

SEPTEMBER 2, 2024

It’s already built, so what difference does it make about the feasibility of its construction as if new!? It is silly to worry about the financial feasibility of new house when the subject improvements are already up and seasoned. It cannot be since the house has already been built. It is not a fixed cost of construction.

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Housing Wire

APRIL 26, 2023

Brian Parkinson, a loan originator at Alerus Mortgage , says that niche loans – including bridge loans, construction loans, doctor loans and professional series loans for CPAs and attorneys – are a great way to grab an agent’s attention in a market where referrals are critical.

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Loan Officers Mortgage Inventory Clients 418

Housing Wire

JULY 13, 2023

The housing market tends to be ‘downside sticky,’ which means rents don’t typically fall much even when renter demand pulls back,” Redfin Deputy Chief Economist Taylor Marr said in a statement. “And it’s definitely not the institutionally favored markets right now,” he said in a LinkedIn post.

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Landlords Brokerage Construction Marketing 322

Housing Wire

OCTOBER 21, 2021

These rapidly rising prices have made an already challenging market for local buyers even more frustrating, similar to the situation in another New England metro. Such challenging market conditions have caused some buyer fatigue and frustration. After losing out on multiple properties, many buyers are turning to new construction.

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Buyers Inventory Agents Realty 397

Housing Wire

AUGUST 2, 2022

Despite the year-over-year increase in both listing and closed listings, rising interest rates, combined with a continued pandemic-related material shortages and construction delays, suggest that the shortfall of affordable rentals is unlikely to reverse before the end of 2022,” the HouseCanary report states.

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Housing Wire

JANUARY 6, 2023

While he hopes the housing market may find some consistency again after a volatile year, Gallo forecasts his origination volume this year to be similar to what it was in 2022. Read on for more about Gallo’s business strategies for 2023, his general take on LO compensation and prospects for the housing market.

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Appraisal Buzz

OCTOBER 11, 2024

That’s the lowest level in records dating back to 2012, with the exception of May 2020, when the pandemic brought the housing market to a standstill. Pending sales—a more current gauge of housing market activity that includes both existing and newly constructed homes—fell to the lowest level on record aside from April 2020.

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Housing Wire

AUGUST 8, 2023

The California housing market in particular has been extremely slow, with inventory at all-time lows and few home sales. “In some ways, the market is returning to historic jumbo pricing.” In 2022, volumes reached $117.5 billion, about 31% of all jumbo originations in the U.S., according to HousingWire’s analysis.

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Insurance Mortgage Lending Clients 370

DW Slater Company

SEPTEMBER 29, 2022

How are we doing in our housing markets? This recent study from Wallet Hub has Texas dominating the list as the best housing market in the US based on attractiveness and economic strength. In fact, the top 3 towns, Frisco, Allen, and McKinney are all in our North Texas markets. What’s happening in our markets?

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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.

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Appraisal Today

DECEMBER 27, 2024

These changes relate to prohibited language, new definitions of neighborhood and market area, market trend derivation, and more. Most housing market analysts expect mortgage rates to spend the year with a 6 handle. Most housing market analysts expect mortgage rates to spend the year with a 6 handle.

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DW Slater Company

NOVEMBER 30, 2022

I tend to make a comparison of the seasons with the housing market but it often works in tandem. There is seasonality in real estate markets. Hard To Track A Scuzzy Housing Market – Housing Notes. Bringing up the housing market during Thanksgiving dinner – Sacramento Appraisal Blog.

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Appraisal Today

NOVEMBER 1, 2024

The ranch dates to the late 1800s, and its multiple properties include a 4,980-square-foot lakefront home with a waterside cabana, an under-construction 7,713-square-foot architect-designed residence and a number of cabins. In my opinion, this definitely increases risk for consumers, GSEs, the economy and the real estate market.

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Birmingham Appraisal

AUGUST 14, 2024

An Interesting Trend Among New Homes As a residential real estate appraiser in the Birmingham, AL market for over 30 years I have seen many changes in new home construction. Census Bureau, home size steadily increased from 1999 through 2008/2009, which we all know was when the housing market crashed.

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Raleigh Realty

JULY 12, 2022

A healthy housing market indicates a healthy national economy. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? of occupied housing in Raleigh is owner-occupied and 48.5 4,840 new apartments were constructed in Raleigh throughout 2021. is renter-occupied.

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Empire Appraisal Group

AUGUST 1, 2024

Can Tiny Homes Help the Housing Shortage? Many Americans think local governments should incentivize additional dwelling unit (ADU) and tiny home construction to address housing shortages. But nearly 75% think local governments should incentivize ADU and tiny home construction to address housing shortages.

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Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. I’m not going to answer that – my crystal ball is broken – but if some economists had their way, it would be a definite possibility for 2023. The local picture is less definitive. from today’s U.S.

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Appraisal Today

SEPTEMBER 8, 2023

To read more, click here My comments: If you want to know more, before (or after) accepting an Airbnb appraisal, definitely read this article. Taking his classes is definitely worth the time. It’s been on and off the market since 2014, four years after a lengthy construction project there was completed.

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Listing Spark

SEPTEMBER 25, 2023

The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market. Here are five of the biggest change in the Texas Real Estate market. At least, not yet. We’re looking at around 3.8

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