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Supply chain issues still stymieing homebuilders

Housing Wire

Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman. The post Supply chain issues still stymieing homebuilders appeared first on HousingWire. Per the NAHB , January’s score of 83 was a four-month low.

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The Supply Chain Reaction – Interview with Greg Stephens

Appraisal Buzz

Some of the biggest factors affecting the real estate industry are supply chain shortages – rising material prices are adding tens of thousands of dollars to the cost of a new home. Buzz: What is a supply chain shortage? . There are distinct supply chains involving residential and commercial construction.

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The Supply Chain Revisited – Interview with Greg Stephens

Appraisal Buzz

The current supply chain shortage has now been impacting the real estate industry for months. Join our free upcoming webinar on December 14th at 3 pm, “ The Supply Chain Revisted ” with our hosts Greg Stephens, Bill Garber, Jessica Lynch, and James Heaslet.

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COVID and Supply Chain Concerns Limit U.S. Economy Growth

Appraisal Buzz

The post COVID and Supply Chain Concerns Limit U.S. A weaker than previously anticipated second quarter real GDP reading also contributed to the downward revision. Economy Growth appeared first on Appraisal Buzz.

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These states are the most reliant on global trade

Housing Wire

of its GDP, reflecting deep global integration in auto and pharmaceutical supply chains. States like Michigan and Kentucky are deeply embedded in global supply chains, Evangelou said. Manufacturing states dominate imports On the import side, Kentucky leads the way as imports account for 32.3%

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Climate risk is rising. It calls for a rethinking of home insurance coverage

Housing Wire

Thompson noted that this issue began with pandemic-fueled supply chain delays. Supply chain issues have stretched insurance carriers thin. “Rates have gone up, in some cases 22% to 23%,” Thompson told HousingWire. The reality is, in some cases, it’s doubled and tripled.”

Insurance 482
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The Fed needs labor to break to cut rates more aggressively

Housing Wire

However, it also highlights that we are still adjusting to the pandemic-related inflation that arose when supply chains were disrupted and recovered. Todays soft Consumer Price Index ( CPI ) inflation report indicates progress.