Pro Builder

JUNE 17, 2021

Million More Units to Close Housing Gap. Thu, 06/17/2021 - 10:29. With the release of a new report that found the housing market needs 5.5 million more units, the National Association of Realtors (NAR) is calling on lawmakers to green-light housing investments in an infrastructure package. cbroderick. Read More. .

Housing 111

Housing Estimating Inventory Banking 111

Pro Builder

JANUARY 25, 2022

NAHB Chairman's Letter: Americans Want Action on Housing Affordability. A recent survey conducted by polling firm Morning Consult on behalf of the National Association of Home Builders shows strong support for policies that would make housing affordable for more Americans. Chuck Fowke, NAHB 2021 Chairman.

NAHB 98

NAHB Housing Regulation Consulting 98

Pro Builder

JANUARY 31, 2023

In addition, the average sales volume in 2021 among participating builders jumped 21.1% Housing’s Best Decade Ever In 2020, we published a special report titled “ The Roaring 2020s: Housing’s Best Decade ,” which outlines why this will be the best decade for housing demand in U.S. and Canada.

Inventory 98

Inventory Housing Profitability Cash Flow 98

Pro Builder

APRIL 26, 2021

Is the Housing Market in a Bubble? Mon, 04/26/2021 - 08:55. Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory. Bloomberg suggests the thriving housing market will remain for quarters, if not years. Home Prices Increase 17.2%—Is

Housing 52

Housing Inventory Income Debt 52

Pro Builder

AUGUST 12, 2021

Zillow Predicts Affordability Issues for Renters by End of 2021. Thu, 08/12/2021 - 10:20. If current rent and income growth trends continue, Zillow says some of the most affordable metros will become the least affordable and many renters will become newly housing-cost burdened by the end of the year. cbroderick. A typical U.S.

Income 52

Income Housing Metro Inventory 52

Pro Builder

DECEMBER 1, 2021

Wed, 12/01/2021 - 10:08. The Case-Shiller House Price Index shows month-over-month price deceleration on a seasonally adjusted basis, suggesting that the market is slowing despite a continuation of record high prices. According to Bill McBride’s CalculatedRisk Newsletter, the Federal Housing Finance Agency is reporting an 18.5

Inventory 52

Inventory Housing Finance Environment 52

Pro Builder

NOVEMBER 1, 2022

Through September, 7% fewer for-sale listings have entered the market in 2022 compared to the same period in 2021. With fewer homes entering the for-sale market, existing for-sale inventory represents a larger share of overall inventory, leaving Days on Zillow to naturally increase as these for-sale listings age.

Inventory 52

Inventory Housing Finance 52

Pro Builder

APRIL 20, 2021

Tue, 04/20/2021 - 11:10. Plus, the nation is in the throes of a historic housing shortage, so any homes that go on the market are likely to be snapped up quickly. Right now, we’re at very low housing inventory rates, just a record low,” says Marina Walsh, vice president of industry analysis at the Mortgage Bankers Association.

Finance 52

Finance Profitability Housing Inventory 52

Pro Builder

JUNE 1, 2021

The Fastest and Slowest Moving Housing Markets Right Now. Tue, 06/01/2021 - 10:35. It is suggested buyers prepare to move quickly, says Realtor.com, by having finances lined up, gaining neighborhood knowledge, and sticking to the upper limit of their budgets. Housing Markets. Housing Markets. cbroderick.

Housing 52

Housing Metro Utah Arizona 52

Pro Builder

MARCH 24, 2021

Wed, 03/24/2021 - 09:36. For housing inventory to meet demand, which would mean a six month supply, an additional 2.7 As of January, the combined inventory of existing-homes and new homes for sale was just at 1.7 Financing. February Listings Received an Average of Four Offers. cbroderick. Read More. .

South Dakota 52

South Dakota North Dakota Inventory Montana 52

Pro Builder

MARCH 22, 2023

Homes went under contract after a median span of 17 days in February, and while that’s more time than in 2022 and 2021, it’s significantly less than before the pandemic, Forbes reports. Extremely low inventory means that when attractive, well-priced houses do come on the market, they are readily finding buyers.

Inventory 52

Inventory Finance Contract Housing 52

Pro Builder

AUGUST 4, 2021

Wed, 08/04/2021 - 06:00. This phenomenon is largely a result of dealers’ inventory carrying costs and potentially significant differences between the price at which inventory is bought and sold. Why Builders Wait to See Lower Lumber Prices. National Association of Home Builders. Photo: LIGHTFIELD STUDIOS / stock.adobe.com.

NAHB 98

NAHB Remodeling Inventory Income 98

Pro Builder

APRIL 7, 2021

Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40. Wed, 04/07/2021 - 15:02. Meet our class of 2021—the rising stars in home building. Pro Builder is proud to present the Forty Under 40 Class of 2021. Pro Builder is proud to present the Forty Under 40 class of 2021. Alex Akel, 29. Akel Homes.

Industrial 98

Industrial El Paso Education Cleveland 98

Pro Builder

MAY 6, 2023

million new hires over the next three years to keep pace with growth in housing demand and attrition within its labor force. Estate Gift NAHB’s National Housing Endowment (NHE), meanwhile, recently announced a $3 million gift from the estate of Herbert V. Fortunately, three organizations—the Lowe’s Foundation, the estate of Herbert V.

NAHB 95

NAHB Puerto Rico Foundation Construction 95

Pro Builder

NOVEMBER 12, 2021

Fri, 11/12/2021 - 08:10. Here are the top 10 market highlights of 2021. The 2021 NAR profile also revealed that the number one motivator to sell a home was to move closer to friends and family during the pandemic. With low housing inventory, homes sold at an all-time low of just one week compared to three weeks last year.

Equity 52

Equity Inventory Finance Housing 52

Pro Builder

DECEMBER 13, 2021

Mon, 12/13/2021 - 09:49. Steve is the CEO of Essential Housing, and on this week’s podcast he walks us through the nuances of land banking, a booming method to get deals done. . COVID-19 has fundamentally changed the housing industry. How Land Banking Could Help Builders Battling Shortages. A look into his crystal ball.

Banking 52

Banking Risk Deals Inventory 52

Pro Builder

JULY 20, 2021

Tue, 07/20/2021 - 10:20. With lower mortgage rates comes another wave of intense competition as the housing market still struggles with record low inventory. And although the stock market has little to no daily affect on the housing market, stock market struggles could affect the upper end of the housing market.

Housing 52

Housing Security Inventory Finance 52

Pro Builder

FEBRUARY 4, 2021

Thu, 02/04/2021 - 12:28. The housing market continues to warmly welcome first-time buyers with bidding wars, record-high home prices, and a shortage of inventory. Survey Finds First-Time Buyers Face New Difficulties. cbroderick. These included things like a garage, a big backyard, a finished basement, and a pool. Read More. .

Inventory 52

Inventory Finance Bidding Budgeting 52

Pro Builder

JUNE 2, 2021

Wed, 06/02/2021 - 09:41. Tight housing inventory, obstacles to a faster rate of new construction, and rapidly rising home prices continues to hold back purchase activity,” said Joel Kan, an MBA economist. Buyers Pull Back on Mortgage Applications for Second Week. cbroderick. That rate was 20 basis points higher one year ago.

Inventory 52

Inventory Income Finance Contract 52

Pro Builder

JANUARY 27, 2021

Wed, 01/27/2021 - 09:35. Separately, the Federal Housing Finance Agency released its own monthly home price index for November. The lack of inventory should continue to fuel home-price increases for foreseeable future, especially in popular markets such as Phoenix and Boise, Idaho. cbroderick. year over year in November.

Metro 52

Metro San Diego Phoenix Seattle 52

Pro Builder

MARCH 18, 2021

Thu, 03/18/2021 - 10:07. Housing marketing data for the four-week period ending March 7 reflect a market filled with high demand as median home prices jumped, inventory dropped, and the sale-to-list price ratio advanced. Home Prices, Pending Sales, and Sale-to-List Price Ratio Advance. cbroderick. Read More. .

Inventory 52

Inventory Contract Finance Housing 52

Pro Builder

JULY 19, 2021

Mon, 07/19/2021 - 10:08. Pacaso, a real estate start-up launched in October, says its business model modernizes an old practice, making better use of the tight housing inventory. The company also offers integrated financing, interior design, property management and proprietary scheduling technology services. cbroderick.

Inventory 52

Inventory Innovation Modeling Finance 52

Pro Builder

DECEMBER 15, 2021

Wed, 12/15/2021 - 17:31. Ivory Homes in Salt Lake City is Pro Builder's 2021 Builder of the Year. Instead, Clark Ivory reassumed his CEO duties and set a bold, uncharted course to diversify the company’s successful semi-custom, move-up home legacy to include affordable housing for an increasing underserved segment of buyers.

Innovation 122

Innovation Utah Housing Products 122

NH Construction Law

JUNE 30, 2021

A report by the New Hampshire Housing Finance Authority indicates that MLS listings in May 2021 were down 23% from a year earlier, while the New Hampshire Association of Realtors reports that the median price of single family home in May 2021 hit a record high of $402,000 (25.7% higher than May 2020).

Residential 40

Residential New Hampshire Construction Income 40

Pro Builder

JUNE 7, 2022

Here’s how (and why) to target consumers with clear messaging about factory-built housing. RELATED: MORE 2022 HOUSING GIANTS ARTICLES AND DATA. Housing Giants 2022: What Now? The Housing Industry Post-Pandemic. 2022 Housing Giants List: U.S. Home Builder Rankings by 2021 Revenue and Closings. Stacey Freed.

Industrial 98

Industrial Construction Site Housing 98

Pro Builder

MARCH 16, 2021

Tue, 03/16/2021 - 16:00. Lack of inventory. Some buyer’s agents use such persuasive statements to entice new-home shoppers to employ their services, claiming buyers need them as “protection” from a builder’s sales tactics and to help the buyer obtain better financing and options/upgrades pricing than what the builder offers.

Commissioning 98

Commissioning Procurement Compensation Inventory 98