Pro Builder

NOVEMBER 14, 2022

New Listings, House Prices Fall in November as Buyers Back Off. Despite decreased activity from home sellers, total housing inventory is up 8.5% It is likely we will see a sharp increase in completed inventory over the next several months - and that will put pressure on new home prices. . Mon, 11/14/2022 - 10:30.

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Housing Inventory Finance Construction 52

Pro Builder

MAY 9, 2022

How Employer-Assisted Housing Programs Are Paving a Path to Homeownership. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases. Housing Policy + Finance. Housing Policy + Finance. Mon, 05/09/2022 - 10:26. New-Home Sales. Human Resources.

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Employment Housing Equity Finance 52

Pro Builder

FEBRUARY 3, 2023

Mortgage Rates Are Falling—Does That Mean the Housing Market Is Weakening? housing market inched closer to a recession. New and existing sales fell at their fastest pace since 2006, inventory fell in popular markets, and home prices began to drop from unsustainable highs reached during the pandemic. Let's be clear: The U.S.

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Housing Inventory Finance 52

Pro Builder

APRIL 1, 2022

Americans Hindered by Low Housing Affordability Want Action From Policymakers. Over 75% of all Americans are impacted by a lack of affordable housing, and they're growing impatient with seemingly apathetic policymakers. The nation needs more housing and Americans want the federal government to support more new home production.

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Housing Finance NAHB Inventory 52

Pro Builder

DECEMBER 16, 2022

Prospective homebuyers aren’t the only ones dealing with elevated housing costs and a dearth of new inventory. The ideal environment for fix-and-flip investors is a market with high demand, low inventory, rapidly rising prices, and affordable financing,” says Rick Sharga, ATTOM’s vice president of market intelligence.

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Inventory Profitability Finance Remodeling 98

Pro Builder

JUNE 20, 2023

housing market a brief reprieve last week, but according to Forbes , that doesn’t mean home prices are about to crash. Not only is a lack of new construction sustaining a costly housing market, but the share of existing homes for sale is also decreasing as sellers get cold feet.

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Inventory Phoenix Austin Housing 98

Pro Builder

NOVEMBER 9, 2020

Biden's Promised Changes to the Housing Market. Along the campaign trail, President-elect Joe Biden promised changes to housing plans in order to create more opportunities for low- and middle-income Americans. At this time of advancing home prices and shrinking housing inventory, Realtor.com says this tax credit could help many buyers.

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Housing Discrimination Inventory Income 80

Pro Builder

APRIL 11, 2023

Read more Financing Affordability Market Data + Trends Financing The 2022 deficit represents a 113% decrease from the previous year's average income of $2,339 per mortgage. The stellar profits of the previous two years dissipated because of the confluence of declining volume, lower revenues, and higher costs per loan."

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Banking Profitability Finance Inventory 52

Pro Builder

FEBRUARY 7, 2022

Higher rates will impact affordability, but housing inventory will remain a much higher priority for builders, particularly after month-end active listings reached a historic low of 1,184 from December 2021 to January 2022. Housing Policy + Finance. Housing Policy + Finance. Affordability.

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Finance Inventory Housing Employment 99

Pro Builder

MARCH 30, 2023

gain was underwhelming compared with the usual run-up to the spring housing market. Still, housing experts say a volatile real estate market may be rounding a corner after contracting at the close of 2022. After nearly a year, the housing sector’s contraction is coming to an end,” he said in a statement Wednesday.

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Pro Builder

OCTOBER 1, 2022

Housing affordability recently took another hit as the 30-year fixed mortgage rate reached 7%, and a growing number of prospective buyers are struggling to stay in the game. But prices, while moderating, remain high in many markets because inventory is still far below prepandemic levels, said Lawrence Yun, the group’s chief economist.

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Inventory New York Housing Finance 98

Pro Builder

APRIL 26, 2021

Is the Housing Market in a Bubble? Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory. Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory.

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Housing Inventory Income Debt 52

Pro Builder

MARCH 28, 2022

Why Elevated Mortgage Rates Could Be the Housing Market’s Biggest Threat Yet. After two years of record-breaking price gains, supply chain disruptions, shortages, and heightened competition, a recent spike in mortgage rates could pose the biggest challenge yet for a supercharged housing market. Housing Policy + Finance.

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Housing Inventory Income Finance 52

Pro Builder

MAY 6, 2022

The Fed is preparing to introduce a series of aggressive rate hikes after a 25 basis point increase in March followed by a recent 50 basis point gain, the largest rate increase in over two decades, Eye on Housing reports. Housing Policy + Finance. Housing Policy + Finance. Affordability. Market Data + Trends.

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Finance Housing Inventory Forecasting 98

Pro Builder

AUGUST 29, 2022

Adjustable-rate mortgages (ARMs) had a hand in the housing downturn that led to the Great Recession, but they won’t do as much damage this time around, experts say. Financing. Lending practices have been reformed after hard lessons learned in 2008. This has all contributed to a more secure mortgage landscape. .

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Finance Risk Housing Inventory 98

Pro Builder

MARCH 27, 2023

The rental market also faces a widening supply shortage that is contributing to higher prices, and because rent control could force housing providers to absorb essential maintenance costs and reduce investments in improvements, many would ultimately consider selling their assets.

Finance 52

Finance Housing Inventory Regulation 52

Pro Builder

JUNE 8, 2023

Mortgage Purchase Applications Slow, Even as Rates Fall ldeakins Thu, 06/08/2023 - 08:52 Mortgage rates dropped by one-tenth of a percentage point at the start of June, but that gradual improvement in housing affordability wasn't enough to lure buyers back to the for-sale market For the week ending June 2, mortgage applications fell 1.4%

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Inventory Finance Environment Housing 52

Pro Builder

MARCH 8, 2023

That uptick in borrowing costs comes along with a drop in available inventory, meaning home prices will also remain high as the housing market heats up during a seasonal shift. Read more Financing Housing Policy + Finance Housing Policy + Finance range during the spring market.

Finance 52

Finance Bidding Inventory Housing 52

Pro Builder

NOVEMBER 3, 2022

As the Federal Reserve continues to raise its short-term rates to cool inflation and slow the housing market, prospective buyers are desperate for a reprieve . Housing Policy + Finance. Financing. Given this intended policy stance, a hard landing with a mild economic recession is, in our view, highly likely.

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Finance DOT NAHB Housing 52

Pro Builder

JUNE 12, 2023

Instead, a lack of housing inventory is sustaining elevated prices and driving up competition for available homes. Read more Market Data + Trends Affordability Financing Market Data + Trends Mortgage rates also are contributing to the affordability conundrum, as rates are considerably higher than a year ago.

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Inventory Finance Housing Sustainability 52

Pro Builder

JUNE 12, 2023

Instead, a lack of housing inventory is sustaining elevated prices and driving up competition for available homes. Read more Market Data + Trends Affordability Financing Market Data + Trends Mortgage rates also are contributing to the affordability conundrum, as rates are considerably higher than a year ago.

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Inventory Finance Housing Sustainability 52

Pro Builder

DECEMBER 1, 2021

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 Housing Markets.

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Inventory Housing Finance Environment 52

Pro Builder

NOVEMBER 1, 2022

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. Housing Markets. Housing Policy + Finance. Housing Markets.

Inventory 52

Inventory Housing Finance 52

Pro Builder

JANUARY 18, 2023

Interest rates are down to their lowest level since September, and that slight improvement in housing affordability is motivating buyers to make a hasty return to the for-sale market. The market, however, is not seeing any surge in inventory. Financing. As Interest Rates Fall, Mortgage Demand Jumps 28% In One Week.

Inventory 52

Inventory Finance Contract Housing 52

Pro Builder

SEPTEMBER 14, 2022

Housing costs are on the rise, and rather than waiting for yet another barrage of mortgage rate hikes, prospective buyers could benefit from staying ahead of the curve. Not only are borrowing costs rising, but active inventory is steadily declining. Mortgage Rates Are on the Rise, but Now Might Be a Good Time to Buy—Here’s Why.

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Inventory Housing Washington Finance 98

Pro Builder

JUNE 1, 2021

The Fastest and Slowest Moving Housing Markets Right Now. 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. Tue, 06/01/2021 - 10:35. Read More. .

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Housing Metro Utah Arizona 52

Pro Builder

APRIL 28, 2022

The Innovative Housing Incentive Program seeks create more affordable housing across Colorado with the help of modular homes manufacturers. . The latest measure comes in response to a statewide housing shortage that caused the prices of homes in mountain towns to double in just the last two years. Housing Policy + Finance.

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Colorado Finance Housing Innovation 52

Pro Builder

JANUARY 4, 2023

Read more Financing Affordability Financing Jumbo loans typically require a minimum credit score of 700 as well as higher down payments and proof of larger cash reserves than conventional loans. These counties are largely concentrated in the nation’s most expensive metro areas, along the coasts and in the Mountain West.

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Metro Finance Inventory Housing 52

Pro Builder

SEPTEMBER 20, 2022

as homeowners refuse to sacrifice their low interest rates for new homes with more expensive housing costs. Homeowners across the country are becoming increasingly hesitant to list their homes if it means giving up their low mortgage rates and taking on a more costly monthly housing bill. . Financing. Tue, 09/20/2022 - 10:13.

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Los Angeles Finance Atlanta Inventory 52

Construction Marketing

JANUARY 6, 2023

To store their goods, supplies, materials, and inventory relevant to their businesses, many business owners look for storage units. All types of business owners, including entrepreneurs of all stripes, frequently require additional room for their inventory. It’s quite difficult to obtain financing when building for business purposes.

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Remodeling Inventory Zoning Travel 258

Pro Builder

MARCH 24, 2021

For housing inventory to meet demand, which would mean a six month supply, an additional 2.7 Every buyer, every REALTOR® helping a buyer, and anyone following the housing market knows that there are simply not enough homes that are being sold on the market nor being constructed to meet the demand for owned or rented housing.

South Dakota 52

South Dakota North Dakota Inventory Montana 52

Pro Builder

DECEMBER 15, 2020

President-elect Joe Biden’s proposed tax credit for first time homebuyers aims to assist with an initial down payment, but brings with it the possibility of stretching the housing market even thinner. Inventory remains at a historic low and the overall market continues to feel the effects as home prices increase more than 15%.

Washington 76

Washington Finance Inventory Housing 76

Pro Builder

MARCH 22, 2023

Extremely low inventory means that when attractive, well-priced houses do come on the market, they are readily finding buyers. Read more Affordability Financing Sales Affordability “Home sellers seem to be sitting out the early spring selling season in surprising numbers.”

Inventory 52

Inventory Finance Contract Housing 52

Pro Builder

DECEMBER 13, 2021

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. That’s where Steve Benson and his team come in—they provide land banking services for builders. A look into his crystal ball.

Banking 52

Banking Risk Deals Inventory 52

Pro Builder

JULY 20, 2021

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 Policy + Finance.

Housing 52

Housing Security Inventory Finance 52

Pro Builder

OCTOBER 24, 2022

According to Case-Shiller, home prices fell month-over-month from June to July for the first time in 20 years, and a more budget-conscious buyer pool could see housing costs fall even further as stalled house hunters wait patiently on the sidelines. Market Data + Trends. Affordability. Market Data + Trends.

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San Francisco Nashville Phoenix Austin 40

Pro Builder

FEBRUARY 4, 2021

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. Thu, 02/04/2021 - 12:28. These included things like a garage, a big backyard, a finished basement, and a pool. Read More. .

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