Housing Wire

NOVEMBER 22, 2024

What’s more, operating costs for apartment and SFR (single-family rental) operators are up significantly since 2019 due to higher property taxes, insurance, and payroll costs. That’s a factor too of higher inventory.” of existing supply, with another 38,000 of apartment units under construction (12.2%

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Marketing Housing Market Property Taxes Construction 370

Appraisal Buzz

OCTOBER 11, 2024

Census Bureau Manufacturing and Trade Inventories (Thursday) U.S. Department of Labor’s Unemployment Insurance Weekly Claims Report (Thursday) HUD/Census Bureau New Residential Construction (Friday) The post The Week Ahead: Ginnie Mae and HUD to Host Summit on Mortgage Market Resilience first appeared on The MortgagePoint.

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Marketing Mortgage Finance Retail 370

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

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Housing Wire

MARCH 21, 2024

House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance. The biggest challenge in today’s housing market is the lack of inventory , Fratantoni said in his written statement on Wednesday. The silver lining, however, is that builders have picked up their pace of construction.

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Appraisal Buzz

JUNE 11, 2024

The part of the East Coast that is cooling down is the West Coast of Florida, rife with natural disasters that are only intensifying driving people away as the new construction and pandemic-era homebuying boom fade into the distance. In Cape Coral, inventory is up 64%, median price per square foot is down 2.9%, and 37.5%

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Insurance Construction Inventory Housing Market 370

Appraisal Buzz

SEPTEMBER 4, 2024

According to a new study from Redfin , condo prices are falling in major Florida and Texas metros, as inventory piles up and buyers back off, as high HOA fees and insurance costs are making condos a tough sell in this current marketplace. In Houston, condo inventory is up 35.9%, pending sales are down 35.3%

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Housing Wire

JULY 31, 2024

Department of Housing and Urban Development (HUD) visited the University of Alaska at Fairbanks to tout the possibilities that 3D printing technology could bring to the construction of affordable housing in the U.S. A key goal for the project includes the deployment of local and sustainable resources for construction materials.

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Appraisal Buzz

JULY 1, 2024

Thankfully, the study found that some relief is in sight as rent growth is slowing due to a surge in new family rental units, and for-sale inventories are growing due to the increase in single-family construction. nationwide average increase in owners’ insurance premiums. Cost-burdened homeowners grew three million to 19.7

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Housing Wire

SEPTEMBER 18, 2023

Meanwhile, builders are faced with shortages of construction workers, buildable lots and distribution transformers, she added. Insurance cost and availability are also growing concerns for the housing sector. With the lack of existing-home inventory, the new construction buyer mix also shifted. consumer inflation reading.

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Housing Wire

JUNE 18, 2023

Active housing inventory grew while new listing data fell. Here’s a quick rundown of the last week: Active inventory grew 8,041 weekly. Weekly housing inventory This year’s housing inventory theme has been a walking dead musical chorus of a zombie trying to escape a grave. 6% for a year. Slow and steady and late!

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Housing Market Marketing Inventory New Listings 505

Housing Wire

JANUARY 10, 2022

And if three hikes in the federal funds target come to pass, initial rates on ARMs, HELOCs and construction loans (often linked to the bank prime) will likely increase from one-half to three-quarters of a percentage point. In addition, more for-sale inventory will likely be available on the market.

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Housing Market Marketing Construction Inventory 545

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. And even though we expect to see a large delivery of multifamily units over the next few years, this will not resolve the broader lack of inventory that we see across the country.”

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Investors Marketing Inventory Real Estate 482

Housing Wire

AUGUST 16, 2023

Meanwhile, permits for future construction eked a 0.1% Meanwhile, there are just over one million multifamily units under construction, a record. Developers and construction companies seem to “have come to terms with the affordability challenge and have been erecting smaller homes at more approachable prices this year,” said Ratiu.

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Construction Insurance Housing Market Brokerage 362

Housing Wire

DECEMBER 28, 2021

In fact, Paradise’s housing market, though constrained by unresolved wildfire litigation and issues like proper home insurance, even has the high-demand, low inventory problems of most other U.S. We have had over 200 lots active on the market at one time since 2019, so we are a little low on inventory.”.

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Insurance Realty Agents Construction 397

Appraisal Buzz

JULY 10, 2024

But despite deepening affordability concerns and a growing available inventory, home price growth remains soundly in positive territory. While rising inventory provides more options for buyers compared to that in 2023, prices remain stubbornly high.

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Home Value Inventory Housing Market Buyers 390

Housing Wire

MAY 12, 2021

And for those who still want to build a home from scratch, rising construction costs , limited lot sizes, and excessive red tape can make the process seem insurmountable. Considering how much construction technology, materials, and techniques have evolved, building a new home should be far simpler than it is. Opportunities to innovate.

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Construction Logistics Technology Real Estate 482

Housing Wire

JUNE 23, 2021

With low housing inventory and rapid home-price growth, homeownership can seem less and less attainable for several groups of potential homebuyers. Record-high demand for homes coupled with historically low inventory has driven prices up precipitously. According to the Radian Home Price Index , home prices rose 9.2%

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Housing Market Marketing Construction Insurance 448

Housing Wire

APRIL 23, 2024

From there — and when combined with employment in construction and housing permit data — the thinking around rates will become clearer. “If He began by looking at fresh inventory data. They think, ‘Mortgage rates are higher, nobody’s going to sell, therefore inventory is going to fall when rates fall again.

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Inventory Housing Market Sellers Marketing 501

Inman

FEBRUARY 28, 2025

Florida wrapped up the first month of the year with a record-breaking number of homes for sale, according to Redfin's latest data analysis. At the end of January, there were 172,209 homes on the market, the most Florida has ever seen. That's a 22.7 percent jump from last year.

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Inventory Housing Market Marketing HOA 124

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. It’s fair to say that 2022 has been a depressing year for homebuilders.

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Supply Chain Construction Inventory Finance 397

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. If I were a builder right now, I’d build as many houses as I could, because there is a lack of inventory, they’re pretty much the only sellers,” Roberts said.

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Housing Wire

FEBRUARY 24, 2022

But like real estate brokerage Compass , another company significantly financed by the SoftBank Vision Fund , Opendoor has constructed an empirically money-losing business model with little sign of reversing course. billion in unsold real estate inventory. Additionally, the company has $5.7

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Investors Real Estate Inventory Finance 459

Housing Wire

FEBRUARY 15, 2024

For that group, the median monthly cost of owning a home — which includes insurance and property taxes, among other things — is just over $600 (similar to the monthly cost for other generations with no outstanding mortgage, but other generations are far less likely to own homes free and clear),” the report stated.

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Property Taxes Insurance Construction Inventory 488

Housing Wire

MARCH 19, 2021

Those investments include the sale of SunStreet solar and stakes in insurtech firms Hippo Home Insurance and Doma (formerly known as States Title ). Lennar’s focus on its strategic investments and homebuilding comes amid historic inventory lows , construction worker shortages, near-record low mortgage rates and incredible demand.

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Development Investing Business Construction 529

Housing Wire

JANUARY 9, 2023

Construction starts in the BFR market are being propelled by the ongoing demand for single-family rental units as high mortgage rates and limited for-sale inventory push home-purchase prospects further out of reach of many would-be homebuyers. In addition, JP Morgan Chase & Co.

Housing Market 545

Housing Market Marketing Construction Development 545

Appraisal Buzz

JUNE 5, 2024

Also, the price cooling is more pronounced in markets where there has been an influx of inventory and/or new construction, as well as those where additional homeownership costs (such as insurance, taxes and HOA fees) have risen relatively faster.”

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HOA Insurance Construction Inventory 370

Housing Wire

JULY 6, 2023

The purchase deal includes Truland’s homebuilding assets, which consist of approximately 263 lots, 155 homes in inventory, and 55 homes in the sales order backlog. The company also offers mortgage financing, title services , and insurance agency services through its subsidiaries. Horton family,” Donald R. In addition, D.R.

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Contracts Development Insurance Construction 370

Housing Wire

DECEMBER 6, 2024

” “From Primary Residence to Rental: Your Conversion Guide” Maintenance & homeownership “Your [Season] Home Maintenance Guide” “Smart Home Upgrades That Actually Save You Money” “The Ultimate Guide to Choosing Home Insurance” “DIY or Call a Pro?

Real Estate 397

Real Estate Clients Tools Sellers 397

Appraisal Buzz

SEPTEMBER 18, 2024

Much of the increase in for-sale inventories has occurred in the Sun Belt and Mountain West regions – areas that also experienced some of the strongest home price growth in recent years, as well as robust new home construction.

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Construction Insurance Inventory Development 195

Housing Wire

JULY 12, 2023

Indexes that increased in June include shelter, motor vehicle insurance, apparel, recreation, and personal care. In the meantime, with inventory hovering around record lows and mortgage rates north of 7%, a generation of Americans is being forced to the sidelines, excluded from the ability to build wealth through homeownership.

Insurance 367

Insurance Construction Tools Realtors 367

Appraisal Buzz

JULY 30, 2024

Warren and my colleagues in fighting for this transformational legislation that will unleash construction of millions of new homes and create hundreds of thousands of new jobs in the process.” This trend is contributing to a glut of unsold inventory. That is why I am proud to join Sen. Richard Blumenthal. “We

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Construction Investing Inventory Law 221

Housing Wire

FEBRUARY 1, 2023

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.” Ginnie Mae backs bonds issued against securitized loan pools insured at the loan level through government agencies such as the FHA and VA.

Marketing 435

Marketing Government Mortgage Sellers 435

Appraisal Buzz

JUNE 4, 2024

Also, the price cooling is more pronounced in markets where there has been an influx of inventory and/or new construction, as well as those where additional homeownership costs (such as insurance, taxes and HOA fees) have risen relatively faster.”

HOA 195

HOA Insurance Construction Inventory 195

Housing Wire

AUGUST 8, 2023

In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. The California housing market in particular has been extremely slow, with inventory at all-time lows and few home sales. from June 2022. It all affects jumbos.

Insurance 370

Insurance Mortgage Lending Clients 370

Appraisal Buzz

JUNE 14, 2024

As a surge in new multifamily rental units has slowed down rent growth, single-family construction is starting to lift for-sale inventories. Department of Labor’s Unemployment Insurance Weekly Claims Report (Thursday) Brookings Institution’s Global Economy and Development “State of the Global Economy: Are the Clouds Clearing at Last?”

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Development Government Project Management Design 221

Appraisal Today

SEPTEMBER 13, 2024

6 Tips for Appraising New Construction Homes Excerpts: Lenders, FHA, and the GSEs (Fannie Mae and Freddie Mac) treat new construction a little differently. When appraising new construction homes, certain factors that don’t always apply to existing dwellings must be considered. Keep a file of local building costs 4.

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Construction Appraisal Contracts Mortgage 70

Movoto

NOVEMBER 26, 2024

Featuring insights from real estate veteran Jerimiah Taylor, we explore the evolving dynamics of home prices, mortgage rates, and the role of Baby Boomers in inventory trends. And so you had a lot of inventory growth. And so it’s all comes down to to, to supply and demand and inventory.

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Real Estate Marketing Inventory Insurance 36