Housing Wire

MARCH 16, 2022

and many other parts of the world against the potential for a slowdown in economic growth due to a renewed bout of supply-chain constraints.”. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $647,200) increased to 4.02% from 3.79%, with points decreasing to 0.37

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Supply Chain Mortgage Contracts Government 368

Housing Wire

DECEMBER 20, 2022

All the while, builders continued to face supply chain issues , labor shortages and wild fluctuations in material costs. BH: I think a lot of builders would love the opportunity to catch up on some of their projects, but for many, supply chain issues have been preventing this.

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Supply Chain Construction Inventory Finance 357

Housing Wire

SEPTEMBER 14, 2022

Since the spring, inventories were substantially lower in Rhode Island, Maine, and Vermont, but moderately higher in Massachusetts (including Boston proper) and New Hampshire. In New York City, as well as across most of the district, homes sales tapered off, and the inventory of available homes, though still very low, edged higher.

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Construction Real Estate Inventory Supply Chain 366

Housing Wire

OCTOBER 15, 2024

Resale homes are typically ready for immediate occupancy, and a new owner can move in once the paperwork is complete and the mortgage has closed, sometimes as quickly as two to six weeks after the contracts have been signed. Contractor challenges: Working with builders can be one of the most stressful aspects of new construction.

Construction 414

Construction Buyers Agents Marketing 414

Cleveland Appraisal Blog

MARCH 25, 2023

The dawn of ChatGPT: Artificial intelligence could be a boon for the manufacturing supply chain – Douglas J Guth of Freshwater Cleveland

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Supply Chain Renovations Appraisal Market Value 280

Housing Wire

APRIL 21, 2022

Last May, Sam Khater, chief economist for Freddie Mac , the government-sponsored enterprise and mortgage purchaser, issued a report with the grim conclusion: “Inventory of both new and existing homes for sale is currently at a historical low.”. “They’re stressed on so many fronts right now.”.

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Construction Supply Chain Investors Business 403

Housing Wire

APRIL 20, 2022

But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. Just how we do contracts now is so much faster. The back end systems, when we are listing something or putting something under contract, it is all just very seamless. Brokerages Invest in Tech.

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Real Estate Agent Real Estate Agents Brokerage 389

Hank Miller Team

DECEMBER 17, 2021

The Jan/Feb inventory bounce always happens; and it did in 2020 until the world stopped. See the inventory bumps as we head into the first quarter? Right now (mid Dec 2021) we’re dragging the bottom for inventory; we're finding old shipwrecks, dead fish, plenty of garbage and a few Mafia bodies. Let's look at history.

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Buyers Supply Chain Inventory Real Estate 98

The Robert Weiler Company

APRIL 5, 2023

According to a recent report from commercial real estate development association, NAIOP , there is a lot of optimism for the industrial sector, nationally, as supply chain conditions steadily improve. Warehouse space is typically taller than office space, allowing you more vertical space to store inventory. Consider subleasing.

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Landlords Tenants Logistics Real Estate 144

Hank Miller Team

OCTOBER 6, 2022

We examine list price, contract price and sold price. for contracted homes -3.4 for contracted homes +13.3 for contracted homes +13.3 for contracted homes +32.8 for contracted homes +46.7 Jobs, inflation, mortgage rates, natural disasters, inventory, supply chain issues.EVERYTHING impacts housing.

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Supply Chain Contracts Housing Market Inventory 52

DW Slater Company

JULY 28, 2022

The prices that we are seeing for June are really reflective of what was happening when those sales went under contract about 30 days earlier. So, we look at not just the sales prices but the supply of homes, the number of days on the market, volume, and if the homes are still selling over or under the list price.

Real Estate 78

Real Estate Supply Chain Appraisal Housing Market 78

The Robert Weiler Company

SEPTEMBER 7, 2022

The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. We’ve seen incredible sales numbers, houses selling faster than ever, and a low inventory of new homes. What Does Low Inventory Mean for Ohio Land for Sale? Residential Real Estate Sales.

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Marketing Real Estate Investing Retail 78

Hank Miller Team

JANUARY 9, 2024

How can variables like local and national economic conditions, consumer debt, consumer confidence, the Fed, global supply chains, wars and conflict and a hundred other wild cards be corralled? Number of Homes in Greater Atlanta Listings typically trail contracts and closings, that's clear as listings ballooned as rates jumped.

Real Estate 40

Real Estate Marketing Contracts Sellers 40

Clear Capital

FEBRUARY 25, 2022

Note that due to unprecedented conditions in spring 2020 (due to COVID restrictions) and tight inventory in spring 2021, the year-over-year numbers based upon paired sales in certain rapidly-rising markets (like Phoenix) may be overstated. Download the report , or read it below. This was the Fed’s forecast as of mid-December 2021.

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Marketing Supply Chain Real Estate Contracts 55

Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. months of inventory. Inventories across the county for all home types now stand at 2.2

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Inventory Supply Chain Construction Buyers 36

Housing Wire

FEBRUARY 25, 2021

And inventory shortages are the culprit. But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders. All four areas saw contract transactions increase from a year-over-year standpoint.

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Supply Chain Inventory Housing Market Contracts 405

Will Springer Realtor

MARCH 14, 2022

The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel. Similar fears exist for the energy supply, equity markets, currencies, electric and internet grids, and defense of nations aligned against Russia. Condo inventory is not much better. There is 0.6

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Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

NOVEMBER 13, 2024

The sales team for the 459-unit, ultra-luxury condo anticipates closing dozens of Pending contracts starting this month with hopes to complete the construction project by year’s end. The pandemic, supply-chain issues, a concrete workers’ strike and even a switch in builders slowed progress along the way.

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Investors Buyers Construction Supply Chain 36

Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. Falling new inventory is constraining transaction volumes while also supporting higher home prices.

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Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

NOVEMBER 10, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. Anyone who contracts to purchase by the end of November will receive a bonus of between $10K and $30K toward the new home (depending on the number of bedrooms).

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HOA Buyers Law Supply Chain 36

Housing Wire

FEBRUARY 22, 2022

Then there are the global supply chain issues, which have frustrated small-time homebuilders like Noel and the heads of publicly traded builders alike. Owing to a historic inventory crunch, new construction is playing a more prominent role in the housing inventory landscape in decades. In December 2021, 34.1%

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Supply Chain Construction Inventory Housing Market 533

Will Springer Realtor

NOVEMBER 12, 2021

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. months of inventory in King, down from 0.7 Yep, me too!

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Law Inventory Real Estate Government 36

Will Springer Realtor

JANUARY 7, 2022

The industry is prepared for another high-demand, low-inventory year, even if conditions do not quite hit the fever pitch of 2021. With a lack of new inventory to help fill the housing pipeline, inventory was at impossibly low levels. month’s of inventory was available for all of King County homes.

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Construction Real Estate Inventory Buyers 36