Housing Wire

FEBRUARY 21, 2023

Last June, the Federal Reserve said it wanted a housing reset , which meant it wanted higher mortgage rates to destroy the housing market. This facilitated the biggest decline in existing home sales for a single year that we will ever see in modern-day history due to the high level of sales in January of 2022.

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Housing Wire

MARCH 29, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. But we have a housing shortage, right? One of my big calls in the previous expansion was that we wouldn’t see housing starts begin a year with 1.5 Wait, what?

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Housing Wire

OCTOBER 18, 2024

As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. Jaro stands tall as the only end-to-end appraisal platform on the market. Career Institute.

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Appraisal Process Appraisal Real Estate Inspection 448

Housing Wire

OCTOBER 20, 2023

The last two years of soaring mortgage rates and rising home prices have brought the fastest erosion in housing market affordability in modern history, and it’s hurt first-time homebuyers the most. Inventory remains one of the driving forces in this difficult housing market.

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Housing Market Marketing Buyers Modernization 511

Housing Wire

MAY 31, 2022

Real estate professionals are faced with many challenges as the housing market responds to a period of uncertainty. By working with more precise tools, industry professionals will gain important insights to both maintain a competitive edge in the current market and position themselves for future success. homegenius, Inc.,

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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

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

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Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. 1 housing market for spring 2022, there is no doubt that the housing market in Rapid City is one to watch. Rapid City, South Dakota. Rapid City, South Dakota.

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Appraisal Buzz

FEBRUARY 3, 2025

Modern Buildings Being Reused, Conversions Rise Across U.S. Markets The most common adaptive reuse project type is notably creative office-to-apartment conversions, which make up about 42% of the 168,500 upcoming conversion projects. According to CommercialEdges Conversion Feasibility Index (CFI), over 1.2 Washington, D.C.,

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Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

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Housing Wire

OCTOBER 23, 2024

Ohio REALTORS, one of the largest and most influential real estate associations in the Midwest, has announced its partnership with HousingWire , the leading source for housing market news and information. “At Ohio REALTORS, our mission is to be the indispensable professional partner for our members and brokers. ”

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Housing Wire

JUNE 17, 2022

Below, Hill answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? Amanda Hill: Lenders see appraisal modernization as a top priority by Maria Volkova. HousingWire: What do you think will be the big themes for the housing market in 2022?

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Housing Wire

MARCH 5, 2025

And nobody understands the modern day law officer better than I do, because I’m one of them. SB: Some of the challenges are affordability, lack of housing inventory and slow sales. We’ve been in a housing recession for quite some time, but at some point that recession is going to end.

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Housing Wire

OCTOBER 12, 2022

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. The slowing effect on the housing market of the higher mortgage rate environment has been largely predictable, and home prices appear to have already begun trending downward.”.

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Housing Wire

SEPTEMBER 11, 2024

So it’s no surprise that home sales over the last two-plus years have been at some of the lowest levels in modern history. Even though Milwaukee is among the most affordable housing markets in the country, homes there are affordable to a lot fewer people now. The answer lies in the market dynamics of supply and demand.

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Housing Wire

AUGUST 15, 2023

Keller kicked off the first day of the two-day gathering by offering his take on the housing market and economic conditions. Despite persistent inflation challenges, a volatile mortgage market and limited inventory, Keller said it was still a good time to buy a house. “It

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Agents Marketing Real Estate Housing Market 370

Housing Wire

SEPTEMBER 26, 2024

Today, escalating real estate costs—particularly in high-cost areas—are pricing millions of Americans out of the housing market. This could provide the financial flexibility needed to make homeownership achievable for those priced out of the current market. In the 1970s, home prices aligned more closely with income levels.

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Housing Wire

MAY 17, 2023

They’re actually disincentivized given that they’d face a housing market where home prices are 36% higher than they were pre-pandemic and the cost of financing is up significantly. It seems increasingly likely that the COVID refi boom will prove to be the most consequential event in housing in modern American history.

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Housing Wire

JULY 18, 2023

High mortgage rates and depleted housing inventory have exacerbated an already existing housing availability crisis. As a frame of reference, a 20/1,000 turnover rate is a fairly typical for the modern housing market. A more active market would have a rate closer to 40 or 50 for every 1,000 homes.

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Inventory Property Taxes Buyers Modernization 370

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. It reflects another pressing issue of imbalanced supply and demand in the housing market.

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Mortgage Training Construction Investors 306

Housing Wire

SEPTEMBER 24, 2021

To make matters worse, some of that inventory is extremely dated. The typical house is now 39 years old — a far cry from the modern, move-in ready property that most homebuyers are looking for. For these reasons, the fix-and-flip sector is poised for growth. The only problem?

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Lending Renovations Finance Investors 459

Housing Wire

DECEMBER 6, 2024

Graphics and statistics NAR.com Detailed market insights, research, and statistics from the real estate industry, legal news, marketing tips, and tools. RealTrends.com Housing market data by city and state, agent news, and advice.

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Real Estate Clients Tools Sellers 397

Appraisal Buzz

APRIL 4, 2025

The build-to-rent market has grown substantially due to a combination of factors, including the need for space from remote workers, the desire of young families to settle down and find larger homes, the creation of strong jobs, and the increasing unaffordability of the for-sale sector.

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Appraisal Buzz

DECEMBER 27, 2021

The housing market was hotter than ever last year, with pandemic-driven demand boosting home sales to their highest level in 14 years. million units , and some experts say it could reach 8 million if there were more inventory. The appraisal industry faced a shortage of appraisers during the hot housing market.

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Appraisal Valuation Modernization Contracts 397

Housing Wire

MAY 29, 2024

Details of the latest membership count comes as the trade group works to implement a series of major rule changes stipulated by the Sitzer/Burnett commission lawsuit settlement agreement, as well as fewer market opportunities for members due to historically low levels of existing-home sales inventory. Membership dipped just below 1.5

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Realtors Agents Inventory Modernization 437

Housing Wire

JULY 16, 2021

Venture capital investors including Zillow founder Spencer Rascoff and Trulia co-founder Pete Flint, believe that Tomo has the potential to topple the legion of lenders that have increased market share, invested heavily in technology and lapped up record profits in recent years.

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Housing Wire

NOVEMBER 17, 2022

The best way to fight inflation is to add more supply, and when I look at the housing completion data for the past two years, it just makes me want to puke. In previous expansions, builders’ housing completion data would move in line with housing starts and permits.

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Contracts Construction Supply Chain Marketing 545

Housing Wire

OCTOBER 2, 2024

Today, modern technology , including Pretium’s platforms, cut out the middleman by allowing firms to invest directly in assets, decide the kind of leverage they want and determine how Pretium will manage the assets over time. Burns segues the conversation to explore other areas that Pretium is interested in entering.

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Real Estate Investing Landlords Tenants 459

Housing Wire

DECEMBER 28, 2021

We just went through one of the biggest housing booms in modern history,” said Jonathan Miller, a real estate appraiser at Miller Samuel who also produces housing market reports for Douglas Elliman. What we’re starting to see is more of a cooling or a plateauing than a market correction.”.

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Real Estate Realty Brokerage Realtors 476

Housing Wire

DECEMBER 5, 2024

Census Bureau over a five-year period shows that prices for manufactured homes have risen by nearly 60% as the nation continues to contend with a housing affordability crisis that stems in part from a shortage of sufficient inventory. In September, HUD announced updates to its manufactured housing construction and safety standards.

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Land Lease Renovations Modernization Design 417

Housing Wire

OCTOBER 21, 2024

Many hoped these cuts would lead to lower borrowing costs and re-energize the for-sale housing market, yet home borrowing costs have only marginally dipped. An increasing number of people are choosing to rent long-term, seeing it as a lifestyle choice that fits with the modern mobility of a remote work-driven world.

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Real Estate Marketing Insurance Property Taxes 493

Housing Wire

DECEMBER 15, 2021

Housing inventory remains persistently low, home prices are at all-time highs and affordability is becoming out of reach for more people with every passing day. HousingWire: What are the current challenges when it comes to affordable housing? Bill Dallas: As construction and labor costs have climbed, so, too, have home prices.

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Finance Construction Law Inventory 418

Housing Wire

DECEMBER 30, 2022

In this series of interviews, we focus on the people who are shaping the state of housing at the top — the policy and regulation experts. The FHFA and the GSEs are essential to painting the picture of today’s housing market and industry trends. These are top of mind for my team, our clients and the industry. Because I am.

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Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). Why inventory levels matter to appraisers. Inventory levels have an impact on property valuation, at least in the short term.

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Appraisal Marketing Real Estate Inventory 370

McKissock

DECEMBER 10, 2021

As the end of the year approaches, housing market predictions for 2022 abound. Fortune reviews various 2022 housing forecasts, focusing specifically on home price growth. Redfin predicts a more balanced residential market in 2022. Predictions for the top housing markets of 2022 may surprise you.

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Housing Market Appraisal Marketing Appraisal Process 79

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Why It’s Hard to Meet Housing Inventory Needs Right Now.

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