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Dave Stevens on understanding this housing market

Housing Wire

Supply chain shortages, many of which remain still today, meant that everything from new cars to basic random length lumber costs skyrocketed. The media and hyperbole are scaring potential homebuyers to the sidelines, but betting on home values is one of the greatest bets someone can make.

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The nation’s housing market is on a correction course

Housing Wire

In fact, Coronado said for some markets that have experience rapid home-price appreciation, a decline in home values may benefit the overall market. “At Inventories of homes for sale and days on market increased in the last month while growth in listing prices for homes started to soften.

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Insurance carrier exodus rattles California and Florida housing markets

Housing Wire

With material and labor shortages, and supply chain issues it is taking a year-and-a-half to two years to complete a property. In addition to impacting homebuyers, in Florida, Williams believes rising insurance costs may lead to lower home values. “If

Insurance 370
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The Current State of The Homebuilding Industry

Eppraisal

economy, home building prominent among them. From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. The last few years took a toll on many sectors of the U.S.

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2022 Housing Market Predictions: What To Expect

Quicken Loans

In addition, home values and sales skyrocketed. For anyone interested in buying a home , real estate is still in high demand. These conditions make a seller’s market, meaning the seller has the upper hand. Demand is high, and supply is still low, so they can set prices higher, too.

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How Will War, Inflation and Rising Interest Rates Affect the Real Estate Market

Eppraisal

From the Russian invasion of Ukraine to continued supply chain disruptions to increasing urban crime to inflation -- always inflation -- we are bombarded with challenging circumstances and pessimistic forecasts. So, the imbalance of buyers to sellers continues to worsen. Does Inflation Help or Hurt Home Value?

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What to Expect from the Real Estate Market This Winter

Eppraisal

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae.