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Where Is Housing Inventory Rising the Most?

Appraisal Buzz

has experienced two decades of slow but steady housing market growth, paired with inventory growth that has suffered through both the Great Recession and the pandemic. In 2023, total inventory hit 144 million housing units, a 16.7% Americas Boomtowns: Which Cities Grew Housing Inventories the Fastest? increase from 2005.

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5 lessons we learned at the HW Economic Summit – and why we consider it a ‘must attend’

Housing Wire

With economists, analysts and industry leaders in the room, discussions revolved around key economic indicators, inventory shifts, technology advancements and what lenders should be doing right now to prepare for the next cycle. Additionally, rate buy-down incentives are playing a major role in helping move new home inventory.

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How smart home technology increases property value in a challenging market

Housing Wire

Over the past few years, we’ve seen an increased demand for smart home technology as consumers continue to embrace a digital lifestyle. Now, however, renters actually expect to see this technology in their living spaces.”. Why smart home technology now?

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Housing inventory is still at a crisis level

Housing Wire

So few single-family homes are for sale in America that just two months of inventory is available across the top 100 metro areas in the country, a historic low. In Dallas, listings under $2 million have less than three months of inventory. Historically, it took these thin markets anywhere from six to 12 months to sell listed inventory.

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Reshaping appraisals: Jaro’s high-tech solutions innovate the appraisal process in an evolving real estate market

Housing Wire

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. Only automation and technology can tackle this new demand effectively, and that’s where Jaro comes into play.

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Texas startups build 3D-printed homes to boost inventory, battle climate change

Housing Wire

housing market continue to present challenges for the entire housing system: chronic inventory shortages and an alarming number of destructive natural disasters stemming from climate change. One year later at the South by Southwest conference in Austin, Texas, a company called Icon debuted its own home 3D printing technology.

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Lenders can use closing technology as a bargaining chip

Housing Wire

While new technologies have a reputation for breaking the bank, the average lender only budgets less than 10% of their overall operations costs for technology. Without loan officer adoption, that spend becomes frivolous, making a lender’s decisions on which technologies to include in the tech stack extremely important.