Appraisal Buzz

SEPTEMBER 12, 2022

Since 2020, iBuying has soared in popularity as many sellers have taken advantage since the start of the pandemic. Sellers used iBuying to bypass the lengthy aspects of the traditional homebuying process to receive cash payments in an expedited manner. Either way, sellers should decide what’s worth more to them.

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Supply Chain Sellers Housing Market Appraisal 195

Housing Wire

APRIL 20, 2022

But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. Although this was not the strongest showing for new home sales due to supply chain issues, and material and labor shortages, 2021 was the best year for existing home sales since 2006. In 2021, 6.12

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Real Estate Agent Real Estate Agents Brokerage 405

Hank Miller Team

JANUARY 18, 2022

In addition the last quarter being traditionally slow, the big influences on the market were inflation levels unseen in 40 yrs, supply chain shortages, labor issues and of course the rise and run of the omicron covid variant. The curtain fell on 2021 and the housing market report for greater Atlanta can be succinctly summed up; crazy.

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Housing Market Supply Chain Marketing Buyers 103

Hank Miller Team

DECEMBER 17, 2021

So what's in store for home buyers and sellers that have to make a move this spring? Buyers will again be challenged and sellers will reap the reward…until they become buyers. The Jan/Feb inventory bounce always happens; and it did in 2020 until the world stopped. See the inventory bumps as we head into the first quarter?

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Buyers Supply Chain Inventory Real Estate 98

Quicken Loans

DECEMBER 16, 2021

In combination with low housing inventory and labor shortages, that drove up selling prices. 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. Home Inventory Will Slowly Rise. Buyer demand continued.

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Housing Market Marketing Inventory Supply Chain 78

Eppraisal

MARCH 17, 2023

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. Prior to COVID, i.e. March of 2020, inventory was already falling. economy, home building prominent among them.

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Supply Chain Home Value Inventory Construction 69

Housing Wire

FEBRUARY 18, 2021

Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman. Inventory remains low, as well. Homesnap foresees the current housing shortage continuing in 2021 unless more sellers enter the housing market.

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Supply Chain Construction Housing Market Inventory 456

Eppraisal

DECEMBER 14, 2021

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. " Housing Inventory Is Fannie Mae correct about the supply of sell-able homes in late 2021 and 2022?

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Real Estate Supply Chain Marketing Inventory 67

Housing Wire

JANUARY 20, 2021

fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. While housing continues to help lead the economy forward, limited inventory is constraining more robust growth,” said NAHB Chief Economist Robert Dietz. “A

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Supply Chain Inventory Housing Market Real Estate 451

Eppraisal

MARCH 25, 2022

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. Will Real Estate Suffer for Putin's Mistake?

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Supply Chain Real Estate Marketing Sellers 36

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on Buyers and Sellers These low loan rates are pushing buyers to risk virus exposure in search of better housing. This is good news for sellers who have suffered from a stagnate market during the first quarter of 2020. What does this mean for sellers?

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Real Estate Marketing Supply Chain Investors 78

Boston Appraisal

JULY 6, 2020

COVID-19 Impact on Buyers and Sellers. This is good news for sellers who have suffered from a stagnate market during the first quarter of 2020. What does this mean for sellers? On the other hand, if the economy recovers quicker than expected, we could see Feds bring the rates up a bit to slow demand.

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Real Estate Marketing Supply Chain Investors 78

Will Springer Realtor

DECEMBER 8, 2021

It’s safe to say we are tired of hearing the phrase “supply-chain disruption” and experiencing its effects. Analysts believe items that are now in shorter supply – major appliances, computer chips and specialty goods, to name a few – will return to shelves and front porches by the end of 2022 as the pandemic (hopefully) ebbs.

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Sellers Marketing Supply Chain Construction 36

Hank Miller Team

OCTOBER 26, 2021

The election, covid, new administration, covid, inflation, covid and continuing supply chain disasters mixed into "typical" real estate market dynamics. Sellers found that their homes needed to be accurately priced and presentable. Prices soared, inventory flew off the shelf and competition went nuts.

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Housing Market Marketing Supply Chain Real Estate 52

Lamacchia Realty

SEPTEMBER 29, 2022

South Florida active inventory levels increased yet again in August. less active buyers), therefore, inventory is no longer being cannibalized by frenzied buyers facing extreme competition. As inventory levels keep increasing (i.e., more supply), home price appreciation is expected to continue to decelerate. Highlights.

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New Listings Supply Chain Inventory Buyers 41

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? Sellers attacked the market in early ’22 looking to capture the buyer frenzy. They cannot.

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Real Estate Marketing Contracts Supply Chain 40

The Robert Weiler Company

SEPTEMBER 7, 2022

The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. We’ve seen incredible sales numbers, houses selling faster than ever, and a low inventory of new homes. What Does Low Inventory Mean for Ohio Land for Sale? Residential Real Estate Sales.

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Marketing Real Estate Investing Retail 78

Eppraisal

SEPTEMBER 24, 2021

According to an article written by Jared Bernstein, Jeffery Zhang, Ryan Cummings and Matthew Maury on whitehouse.gov, "The Covid-19 pandemic shifted families' preferences for location and type of housing, exacerbating existing supply chain constraints that, for several reasons, have persisted for many years.

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Marketing Supply Chain Real Estate Construction 28

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. Condo inventory is not much better. There is 0.6

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Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

NOVEMBER 13, 2024

The pandemic, supply-chain issues, a concrete workers’ strike and even a switch in builders slowed progress along the way. Owners for more than three-quarters of the 48-story inventory of homes are preparing to sign closing papers and move in soon after. Inventory on this four-year-old building is drying up.

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Investors Buyers Construction Supply Chain 36

Will Springer Realtor

NOVEMBER 10, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines.

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HOA Buyers Law Supply Chain 36

Appraisal Buzz

SEPTEMBER 26, 2022

There’s currently an inventory shortage, which is leading to more competition and increased prices. In 2021, more than 90% of builders reported backlogs and supply scarcity. COVID-19 caused breakdowns in the supply chain and labor shortages. Entering the housing market today is challenging for many homeowners.

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Construction Supply Chain Buyers Retail 195

Empire Appraisal Group

DECEMBER 26, 2024

Geopolitics and regional wars: Ongoing global turmoil, including the conflicts in Ukraine and Gaza, could contribute to supply chain disruptions, inflation, labor shortages and more. Housing affordability: Housing affordability continues to erode due to rising costs and the ongoing inventory shortage of 4.4 million units.

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Real Estate Insurance Supply Chain Construction 78

Will Springer Realtor

JANUARY 7, 2022

After a cooling off period to enjoy the holidays and avoid severe weather, buyers were back on the prowl for a new home as sellers prepped their properties for the seasonal rush. The industry is prepared for another high-demand, low-inventory year, even if conditions do not quite hit the fever pitch of 2021. Scott Real Estate.

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Construction Real Estate Inventory Buyers 36

Will Springer Realtor

NOVEMBER 12, 2021

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. months of inventory in King, down from 0.7 Yep, me too!

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Law Inventory Real Estate Government 36

Housing Wire

NOVEMBER 11, 2024

Price expectations gap According to DellaPelle, real estate buyers and sellers are in a standoff when it comes to asset prices. “I I think the expectations that I have as a seller are probably different than the buyer, but the game there is smaller.” Inventory is diminished because there are fewer people selling than there used to be.

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Real Estate Insurance Supply Chain Buyers 379

Movoto

OCTOBER 31, 2024

JT offers an in-depth look at the market dynamics influencing buyers and sellers during this time of uncertainty, emphasizing the importance of timing and market conditions for those navigating today’s real estate challenges. And inventory goes down. 9:55: And so inventory never caught up. And so now here we are in 2024.

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Housing Market Marketing Real Estate Insurance 36

Will Springer Realtor

MARCH 11, 2024

This includes diligent inquiries into the current insurance and utility expenses from sellers, alongside documenting the age and expected lifespan of crucial home components, from plumbing and electrical systems to major appliances and roofs. Prospective home sellers are smart people. ELECTION YEAR EFFECT?

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Insurance Sellers Real Estate Buyers 36

Will Springer Realtor

DECEMBER 17, 2024

This year saw sharply expanding inventory, up 29% year-on-year nationally (through October; latest data) and 26% YoY across King County (November 2023-November 2024). Economists believe this will likely lead to only a small increase in inventory at the start of 2025 but a welcome boost by spring. and decelerate to 3.8%

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Real Estate Buyers Sellers Development 68

Movoto

NOVEMBER 4, 2024

From the latest mortgage rate trends to the outlook for housing inventory, Bloomberg columnist, Conor Sen, provides expert commentary on what’s happening now—and what to expect in the coming months. Sophie: 10:18: Do you think this has a lot to do with inventory levels? And so I can still go shopping with that 6% rate.

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Housing Market Inventory Real Estate Marketing 36