Housing Wire

DECEMBER 13, 2022

It is very good news for the housing market, which has suffered greatly from the affects of rate hikes over the last nine months. from a year ago, suggesting that supply-chain issues may be easing. Housing market observers are watching closely. The Consumer Price Index rose 0.1% year-over-year.

Housing Market 418

Housing Market Marketing Supply Chain Inventory 418

Housing Wire

DECEMBER 20, 2022

Traditionally, housing starts, permits, and completions would move together, like what we saw in 2002-2005. However, due to the supply chain lag, it took too long to build homes over the last several years. My rule of thumb for anticipating builder behavior is based on the three-month supply average. When supply is 4.3

Housing Market 448

Housing Market Marketing Construction Supply Chain 448

Housing Wire

MARCH 28, 2022

Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. For now, it’s ok, but this is one sector that people need to keep their eye out on because it’s tied to mortgage buyers more than the existing home sales market.

Housing Market 370

Housing Market Marketing Supply Chain Inventory 370

Housing Wire

JUNE 15, 2021

Homebuilder confidence fell to its lowest level since August 2020, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report. “Policymakers need to focus on supply-chain issues in order to allow the economic recovery to continue.”.

Supply Chain 476

Supply Chain Buyers Housing Market Construction 476

Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? After months of paperwork and organizing teams, many experts believe the allocated funding will start positively affecting the real estate market. Secondary Real Estate Markets On the Rise. construction sites.

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Real Estate Supply Chain Marketing Investing 435

Housing Wire

JANUARY 6, 2022

The supply-demand imbalance fueling the housing market shows no signs of abating in 2022, even as homebuilders attempt to bridge the gap. An under-supplied market has strong implications for house prices, particularly during a time when prices seemingly set new records every month.

Supply Chain 511

Supply Chain Housing Market Construction Inventory 511

Housing Wire

SEPTEMBER 20, 2021

Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022. Fannie Mae dropped its projected origination volume for 2021 to $4.33 trillion from the $4.36 trillion it projected in August.

Supply Chain 448

Supply Chain Inventory Government New Listings 448

Appraisal Buzz

JANUARY 17, 2022

The housing market boomed in 2021 like few could have expected. Of course, the construction industry has been facing some pressing challenges, including hitches in global and national supply chains. This makes new home construction a continued challenge, even as demand exists to accelerate new housing.

Construction 468

Construction Supply Chain Housing Market Technology 468

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. With continued supply chain disruption, cost increases and fear of inflation , the market has felt tenuous at best. Quality Leads.

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Marketing Contracts Supply Chain Project Management 493

Housing Wire

JUNE 18, 2021

The housing market is no stranger to supply constraints. But according to Doug Duncan, chief economist at Fannie Mae , it’s not going to be just one of these factors that brings the market back to some semblance of normalcy. In doing so, he noted, three-quarters of the supply chain simply wasn’t produced.

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Supply Chain Housing Market Marketing Inventory 447

Housing Wire

JULY 26, 2023

Because of historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market, major insurance carriers like State Farm and Allstate are no longer issuing new homeowner insurance policies in California. The result? Insurance policies for homeowners are skyrocketing. “I

Insurance 370

Insurance Housing Market Marketing Supply Chain 370

Appraisal Buzz

SEPTEMBER 21, 2021

For the second month in a row, the economists at Fannie Mae revised expectations for near-term real GDP growth downward—and outward—due to persistent supply chain disruptions and labor market tightness, according to the September 2021 commentary from the GSE’s Economic and Strategic Research (ESR) Group.

Supply Chain 376

Supply Chain Housing Market Appraisal Marketing 376

Housing Wire

JANUARY 17, 2024

Supply shocks soothed Among the pandemic’s many ripple effects, two hit hard on homebuilders’ costs: a sudden increase in homebuyer demand and supply chain shocks due to lockdowns and capacity cuts by producers who had anticipated economic slowdowns. and many individual commodity prices actually fell.”

Construction 488

Construction Supply Chain Transportation Buyers 488

Housing Wire

JUNE 23, 2021

above where they were a year ago, when COVID-related procedures froze the new home market in place. Related supply chain issues have resulted in a big jump in the price of a new home over the past year. “Policymakers must take action to improve supply-chains in order to protect housing affordability.”

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Supply Chain Construction Buyers Development 476

Housing Wire

MARCH 23, 2022

“This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. months supply. Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. The market crunch affects borrowers with less money more acutely, economists said.

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Supply Chain Housing Market Buyers Construction 397

Housing Wire

FEBRUARY 9, 2023

Despite this, the NAHB is optimistic that the recent drop in mortgage rates over the past two months might signal that affordability conditions may have reached their low point for this cycle of the housing market. On the other end of the spectrum, Salinas, California was the least affordable small housing market, with just 5.0%

Supply Chain 397

Supply Chain Housing Market Marketing Mortgage 397

Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. The improving job market is all to the positive.

Marketing 482

Marketing Mortgage Supply Chain Inventory 482

Housing Wire

DECEMBER 30, 2021

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. nance market and toward purchase loans. nance experts expect the focus to shift away from the re?nance

Marketing 476

Marketing Supply Chain Housing Market Mortgage 476

Housing Wire

JUNE 19, 2023

For the first time in nearly a year, homebuilder confidence moved into positive territory thanks to strong consumer demand , limited competition from the existing home sales market , and an improving supply chain. The score in June was 55, up five points from May.

Supply Chain 476

Supply Chain Development Inventory Buyers 476

Housing Wire

APRIL 8, 2022

A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Fannie Mae ‘s Home Purchase Sentiment Index, which tracks the housing market and consumer confidence to sell or buy a home, dropped by 2.1 points to 73.2

Supply Chain 448

Supply Chain Housing Market Inventory Mortgage 448

Housing Wire

MAY 12, 2022

“Homeowners continue to benefit from rising home prices,” Rick Sharga, executive vice president of market intelligence for ATTOM, said in a statement. Record levels of home equity provide financial security for millions of families, and minimize the chance of another housing market crash like the one we saw in 2008.

Supply Chain 482

Supply Chain Housing Market Market Value Buyers 482

Housing Wire

OCTOBER 18, 2021

Homebuilder confidence continued to rise in October despite increasing affordability issues due to rising material prices and ongoing shortages, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report released on Monday. Treasuries and mortgage-backed debt.

Supply Chain 537

Supply Chain Inventory Buyers Housing Market 537

Housing Wire

MAY 17, 2021

Homebuilder confidence remained unchanged in the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report , holding steady at 83 for newly built single-family homes in May. The Northeast and Midwest both saw significant drops of four and three points, respectively, to 82 and 75.

Supply Chain 476

Supply Chain Construction Inventory Housing Market 476

Housing Wire

SEPTEMBER 24, 2021

The housing market over the summer of 2021 appears to have settled at a level lower than the surge in the second half of 2020 into early 2021,” Ben Ayers, a senior economist at Nationwide , said in a statement. Sales of new homes were down 24.3% higher than August 2020.

Supply Chain 482

Supply Chain Housing Market Construction Buyers 482

Eyes on Housing

OCTOBER 18, 2021

Builder sentiment in the market for newly built single-family homes moved four points higher to 80 in October, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index. Despite the increase, builders are getting increasingly concerned. Read More ›

Supply Chain 218

Supply Chain Housing Market Marketing 218

Housing Wire

JULY 17, 2023

” More recently, Beckwitt helped Lennar navigate the most challenging housing market in decades. Surging mortgage rates resulted in cancelations and reduced profits for Lennar and other homebuilders, who still had persistent supply chain issues and worker shortages. billion in the same period last year. .”

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Supply Chain Housing Market Real Estate Investors 369

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Inventory rising, historically low.

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Inventory Marketing Mortgage Supply Chain 418

Housing Wire

MAY 18, 2021

Housing completions were at a rate of 1.045 million in April, just 0.1% million — proof that builders are delaying housing starts due to the marked increase in costs for lumber and other materials, said Mike Fratantoni, Mortgage Bankers Association ‘s chief economist. above the March rate of 1.04

Supply Chain 545

Supply Chain Construction Government Inventory 545

Housing Wire

APRIL 28, 2022

Horton , the nation’s largest homebuilder by gross revenue and total closings, this week released its second quarter earnings for the fiscal year, which executives deemed “outstanding,” despite ongoing supply chain challenges , “a very tight labor market ,” and the massive uptick in mortgage rates. Horton’s markets.

Supply Chain 370

Supply Chain Construction Inventory Marketing 370

Housing Wire

JULY 25, 2023

With material and labor shortages, and supply chain issues it is taking a year-and-a-half to two years to complete a property. According to Sandy Williams, an eXp Realty agent in Sarasota, homeowners’ insurance costs have doubled for many in her metro area ( flood insurance costs have also risen dramatically). “I

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

NOVEMBER 17, 2021

In the past year, housing starts activity has been hit by supply chain disruptions and labor shortages, resulting in supply-chain bottlenecks and rising costs, and is continuing to weigh down on housing construction in the nation. The report also said that 1.24 million in October— an unexpected surprise.

Supply Chain 418

Supply Chain Construction Development Housing Market 418

Housing Wire

FEBRUARY 1, 2022

Consumer desire for homeownership paired with a low supply of for-sale homes were the main contributors to a red-hot housing market in 2021. However, the data vendor said that the market is beginning shift. In other words, the market and home price appreciation will start to normalize. “As months of supply.

Supply Chain 435

Supply Chain Inventory Mortgage Housing Market 435

Housing Wire

MARCH 16, 2022

For the first time since September 2021, homebuilder confidence in the market for newly built single-family homes has dropped below the 80-point mark, according to the National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI), which was released on Wednesday.

Buyers 418

Buyers Supply Chain Construction Inventory 418

Housing Wire

MAY 23, 2024

“Policymakers at all levels of government need to enact policy changes that will allow builders to construct more homes, such as speeding up permit approval times, providing resources for skilled labor training and fixing building material supply chains.” In 80 markets, families needed to pay between 31% and 50% of their income.

Supply Chain 475

Supply Chain Insurance Training Construction 475

Housing Wire

MARCH 18, 2021

For the third consecutive week, mortgage rates pushed past 3% – with the average mortgage rate for a 30-year fixed loan up four basis points last week to 3.09%, according to Freddie Mac ’s Primary Mortgage Market Survey. Khater expects a 3% rate to sustain market interest for many potential buyers.

Supply Chain 535

Supply Chain Mortgage Buyers Inventory 535

Housing Wire

OCTOBER 21, 2021

The bond market for months has been preparing for the Federal Reserve to begin tapering its $120 billion in monthly asset purchases , which will send rates further north. The refi mortgage market, which is more rate-sensitive than the purchase market, is expected to suffer. yesterday, its highest rate since May.

Mortgage 476

Mortgage Supply Chain Inventory Housing Market 476

Housing Wire

JULY 28, 2021

Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. While lumber prices have shown some improvement in spot markets, these declines take time to translate into lower construction costs.

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Supply Chain Training Construction Development 418