Appraisal Buzz

JANUARY 12, 2022

However, it is not likely to see the housing market and the broader economy immediately return to pre-pandemic norms. As the economy was … The post Supply Chains to Improve, Job Market Strengthens appeared first on DSNews. Fortunately, 2022 is on track and predicted to be more stable than the past two years.

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Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. The market is going to go into correction,” he said. “I

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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.”.

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Housing Wire

JANUARY 13, 2025

It could also include impacted markets, supply chain challenges or financial market connections that could be impacted in some way by the fires, Schneyer said. It could [include] dollars lost because of lack of access to a particular area, for instance.

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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.

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Housing Wire

JANUARY 6, 2022

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. Measuring the housing deficit. The event is exclusively for HW+ members , and you can go here to register.

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Supply Chain Construction Housing Market Inventory 511

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.

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Construction Supply Chain Housing Market Technology 468

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.

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Housing Wire

FEBRUARY 3, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market.

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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. The November rate for units in buildings with five units or more was 430,000. Except, we had one bit of good news.

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Housing Wire

MARCH 28, 2022

Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. HousingWire: Switching gears really quickly, have you received any feedback on your savagely unhealthy housing market piece ? The days on the market to sell a home is too low.

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Housing Wire

JUNE 18, 2021

The housing market is no stranger to supply constraints. In doing so, he noted, three-quarters of the supply chain simply wasn’t produced. The post Doug Duncan and the housing market’s supply conundrum appeared first on HousingWire. This content is exclusively for HW+ members.

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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.

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Supply Chain Housing Market Appraisal Marketing 376

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. This is an increase of 3.3%

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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.”

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Construction Supply Chain Transportation Buyers 488

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 ›

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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%

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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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Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction. Secondary Real Estate Markets On the Rise.

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Real Estate Supply Chain Marketing Investing 435

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

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Supply Chain Housing Market Inventory Mortgage 448

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.

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Supply Chain Inventory Buyers Housing Market 537

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.

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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.

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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.

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Supply Chain Housing Market Market Value Buyers 482

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.

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Supply Chain Construction Housing Market Buyers 482

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 post Homebuilder confidence holds steady in face of rising costs appeared first on HousingWire.

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Supply Chain Construction Inventory Housing Market 476

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

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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 26, 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. “I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” said Sandy Williams, an eXp Realty agent in Sarasota.

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Insurance Housing Market Supply Chain Marketing 370

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. billion to $36.1

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Supply Chain Construction Inventory Marketing 370

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. months of supply. On a month-over-month basis, home price gains rose by 1.3% by December 2022.

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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.

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Housing Wire

OCTOBER 21, 2021

. “Despite these countervailing forces, we expect the housing market to remain strong as we head into the end of the year.”. Supply chain issues for homebuilders are still expected to be present in 2022, though a number of housing economists believe they’ll ease up somewhat.

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Housing Wire

NOVEMBER 17, 2023

The Northeast did not perform as well as weather, supply chain issues, and difficulties getting permits hampered construction. A good inflation report and steadily declining mortgage rates provide some relief to the market,” she said. Completed homes fell to seasonally adjusted annual rate 1,410,000, a 4.6%

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Housing Wire

MARCH 22, 2021

“Policymakers must address building material supply chain issues to help the economy sustain solid growth in 2021.”. Fannie Mae on how to make housing more affordable. “We are anticipating a strong spring housing market,” said Mike Fratantoni, MBA’s senior vice president and chief economist.

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Supply Chain Inventory Realtors Housing Market 448

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.

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Supply Chain Development Inventory Buyers 370

Housing Wire

MARCH 18, 2021

Policymakers must address building material supply chain issues to help the economy sustain solid growth in 2021.”. “While the rate rise will curtail refinances to some degree, 2021 is poised to be a good year overall for housing activity and housing finance, as the economy continues to recover and COVID-19 restrictions ease.”

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Supply Chain Mortgage Buyers Inventory 535