Housing Wire

FEBRUARY 18, 2022

Homes went under contract in just 19 days on average, down from 21 a year ago. ” While homebuilders are getting closer to delivering new homes , they remain stymied by ongoing global supply chain issues. Sales of homes priced above $1 million were up 39%. “While the 6.7

Supply Chain 435

Supply Chain Inventory Buyers Contracts 435

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

Supply Chain 377

Supply Chain Mortgage Contracts Government 377

Housing Wire

JULY 6, 2022

The Federal Housing Finance Agency (FHFA) will increase its oversight of fourth parties – companies that contract with firms doing business with Fannie Mae and Freddie Mac. For the FHFA, the pandemic “demonstrated the fragility of the supply chain and raised awareness of fourth-party risk,” the report said.

Supply Chain 389

Supply Chain Contracts Government Finance 389

Housing Wire

SEPTEMBER 23, 2022

An index score above 50 indicates business activity is expanding while a reading below 50 indicates it’s contracting. The decrease [in September] was … the slowest in the current three-month sequence of contraction,” S&P Global’s analysis of the results states. The composite output PMI index came in at 49.3

Supply Chain 366

Supply Chain Contracts Business Mortgage 366

Housing Wire

FEBRUARY 22, 2022

Be cautious when signing fixed-price contracts. It’s taking some building companies to the breaking point after more than a year of supply shortages. But, there is light at the end of the tunnel, but it will take time for supply chains to recover. . Enter into contracts that are malleable to market prices.

Construction 412

Construction Supply Chain Contracts Business 412

Housing Wire

DECEMBER 5, 2022

It created a massive demand for home purchases as consumers competed to win a sales contract and get a home with a low single digit interest rate. Supply chain shortages, many of which remain still today, meant that everything from new cars to basic random length lumber costs skyrocketed.

Housing Market 523

Housing Market Marketing Supply Chain Mortgage 523

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.

Supply Chain 368

Supply Chain Construction Inventory Finance 368

Housing Wire

JULY 25, 2022

Both in New York City and across the metropolitan region, there has been a steady and pronounced decline in signed contracts in both May and June, going against normal seasonal trends. … Philadelphia — On balance, contacts reported that sales traffic and contract signings for new homes fell modestly, more so for high-end houses.

Housing Market 418

Housing Market Marketing Supply Chain Real Estate 418

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 427

Construction Buyers Agents Marketing 427

Housing Wire

OCTOBER 4, 2023

A once-in-a-century pandemic, global inflation, supply chain shocks – 2020 truly was a pivotal year. Business Dynamic Statistics data reveal that 2021 was a year of major growth for homebuilders but steep contraction for landlords (called “lessors” in the BDS). Now, newly released data from the U.S.

Landlords 385

Landlords Agents Brokerage Supply Chain 385

Housing Wire

AUGUST 7, 2023

Many industries began to deploy electronic supply chains in the 1980’s. Lenders began to define the “trust model” of standards, contracts and shared services necessary to achieve cross industry interoperability. Consumers, communities and taxpayers are major beneficiaries.

Supply Chain 319

Supply Chain Real Estate Architecture Brokerage 319

Housing Wire

SEPTEMBER 14, 2022

Philadelphia — Homebuilders reported that contract signings for new homes continued to fall modestly. Though construction supply-chain issues eased, and cost inflation slowed, homebuilders experienced increased contract cancellations as rising interest rates priced more buyers out of the market.

Construction 368

Construction Real Estate Inventory Supply Chain 368

Housing Wire

OCTOBER 8, 2021

Jeff Walker: Supply chain challenges contributing to higher housing costs, rising interest rates as the Fed tapers MBS purchases, and contracting Gain on Sale margins. HousingWire: Lastly, what do you think will be the big themes for the housing market in 2022?

Supply Chain 274

Supply Chain Contracts Tools Housing Market 274

Housing Wire

NOVEMBER 29, 2021

The supply-chain bottleneck afflicting the global economy has its own counterpart in the world of residential mortgage-backed securities, also referred to as RMBS. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market.

Loan Officers 435

Loan Officers Supply Chain Mortgage Marketing 435

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

Supply Chain 280

Supply Chain Renovations Appraisal Market Value 280

Housing Wire

APRIL 21, 2022

In fact, according to a breakdown of housing numbers by Realtor.com , the about 16% gap between homes started and homes completed is the highest in recent years, due to supply chain issues. But there has not been a related rise in actual, completed homes.

Construction 409

Construction Supply Chain Investors Business 409

Appraisal Buzz

JULY 5, 2024

“While overall industry surplus—representing the supply capacity for insurance coverage—modestly increased in 2023 thanks to investment gains, it has still not recovered from the $72 billion contraction in 2022 and fell to a five-year low relative to premium revenue.

Insurance 195

Insurance Supply Chain Contracts Investing 195

Housing Wire

APRIL 20, 2022

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. We did have faxes, it wasn’t the beginning of time, but everything is almost instantaneous now.”. Brokerages Invest in Tech. In 2021, 6.12

Real Estate Agent 402

Real Estate Agent Real Estate Agents Brokerage 402

Housing Wire

APRIL 22, 2022

The mortgage industry, really the entire economy, is coping with fast-rising inflation further aggravated by jammed-up supply chains, the escalating war in Ukraine, and the related, expanding sanctions that are whipsawing the global economy. percentage points since the beginning of the year and still rising.

Lending 391

Lending Investors Mortgage Marketing 391

Hank Miller Team

DECEMBER 17, 2021

Supply chain issues, cost of land and labor, permit and paperwork delays (blame it all on Covid) and more will likely take a year to straighten out. Work ONLY with experienced agents that understand data, trends and how to write and manage contracts. Home buyers are teed up and ready to write…once something decent pops.

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

GoForrmz

JULY 11, 2024

This feature is particularly valuable for contracts, order forms, and other critical documents that require timely authorization. Enterprise Resource Planning (ERP) ERP systems are integral for managing business operations, including finance, HR, supply chain, and manufacturing.

Supply Chain 78

Supply Chain Development Business Modernization 78

Eppraisal

MAY 30, 2023

With lockdowns, supply chain disruptions, and changing consumer preferences, the industry experienced significant shifts that have had a long-term impact on its future. Some builders have turned to alternative materials, such as recycled or locally sourced products, to mitigate supply chain vulnerabilities.

Supply Chain 36

Supply Chain Construction Design Technology 36

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.

Supply Chain 52

Supply Chain Contracts Housing Market Inventory 52

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. This is why we are seeing record-breaking low vacancy rates for warehouse space for rent and lease, as well as warehouse space for sale.

Landlords 144

Landlords Tenants Logistics Real Estate 144

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

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

The Robert Weiler Company

NOVEMBER 9, 2022

billion of new commercial real estate construction contracts in 2021. DHL Supply Chain, Vertiv Co., Central Ohio had over $5.8 Some of the largest companies are headquartered in the Columbus Region, such as Amazon, Facebook, Big Lot’s, Nationwide, L Brands, Abercrombie & Fitch Co., Express, Inc.,

Transportation 78

Transportation Real Estate Supply Chain Investing 78

The Robert Weiler Company

SEPTEMBER 7, 2022

Consider this: Central Ohio homes under contract in June 2021 proved to be the best for the month and a record high for any month, ever! As the housing shortage and supply chain issues pressured rent prices and home values, residential land (and industrial land) experienced a rise in demand.

Marketing 78

Marketing Real Estate Investing Retail 78

Will Springer Realtor

JULY 12, 2023

Another sale followed 11 days later and six others are under contract preparing to close. The 37-unit condo near Alki Point has been through the wringer with delays: the pandemic, concrete workers strike, supply-chain constraints and, most recently, liens from building contracts. fourth-floor home for $1.72M ($1387/sq.

Supply Chain 28

Supply Chain Construction Law Contracts 28

Clear Capital

FEBRUARY 25, 2022

These are derivative contracts which trade on the Chicago Mercantile Exchange and the exchange can back out the market’s implied probabilities for where rates will be after a particular FOMC meeting. This was the Fed’s forecast as of mid-December 2021. The market also has a forecast via the Fed Funds futures. and 2% by the end of the year.

Marketing 55

Marketing Supply Chain Real Estate Contracts 55

Eppraisal

OCTOBER 20, 2023

Supply chain disruptions as experienced in recent times can lead to shortages in construction materials. Detailed documentation of all project-related communications such as contracts and meeting notes is essential. Lack of Proper Resources Inadequate resources can quickly derail a renovation project.

Renovations 36

Renovations Supply Chain Inspection Modernization 36

Will Springer Realtor

AUGUST 30, 2022

But costs for paint and stains are running as much as 50% higher since January 2021 because of supply-chain shortages. Naturally, figures and specific scenarios from your negotiated contract can vary. At least the retail price of lumber is cheaper, down about 35% from the 2022 high in March.

Supply Chain 36

Supply Chain Renovations Home Improvement Real Estate 36

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. A little more than a third of inventory is under contract.

Inventory 36

Inventory Supply Chain Construction Buyers 36

Housing Wire

FEBRUARY 25, 2021

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. January was illustrative.

Supply Chain 405

Supply Chain Inventory Housing Market Contracts 405

Will Springer Realtor

JULY 13, 2023

The brighter news is that labor shortages and supply-chain disruptions are improving but it’s hardly “back to normal.” Another sale followed 11 days later and six others are under contract preparing to close. Without feeding one, we cannot quench the thirst of the other. fourth-floor home for $1.72M ($1387/sq.

Construction 36

Construction Supply Chain Real Estate Development 36

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. months’ supply across the county, including 0.3 There is 0.6

Housing Market 36

Housing Market Marketing Real Estate 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. Four other residences have traded hands this year and two more are under contract for sale. Why the desire to leave?

Real Estate 36

Real Estate Modernization Construction Supply Chain 36