Pro Builder

NOVEMBER 17, 2021

What To Expect From a 2022 Housing Market. Inventory will be low throughout 2022, so sellers will have the upper hand yet again, but as demand drops, more buyers could have a chance to finally snag their homes. While we're unlikely to see sub-3% rates again anytime soon, major forecasters aren't predicting huge increases for 2022.

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Housing Forecasting Equity Inventory 98

Pro Builder

MAY 29, 2020

Weekly New Listings, Pending Sales Spike, While Inventory Remains Tight. Weekly pending sales and new listings are on the rise, ending another chaotic month for the housing market on a high note. Because of these encouraging signs, Zillow adjusted its forecast from a 2.7 Fri, 05/29/2020 - 09:54. percent drop to a 1.8

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Inventory Forecasting Housing Resource 52

Pro Builder

APRIL 28, 2022

Home Price Declines Are Possible But Rare for Most Housing Markets. Though some lucky housing markets could soon see relief from soaring prices, many will contend with waning affordability for the long haul. . The real estate research firm points to the mismatch between inventory and strong buyer demand. Housing Markets.

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Pro Builder

NOVEMBER 1, 2022

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

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Housing Inventory NAHB New York City 98

Pro Builder

SEPTEMBER 21, 2021

Steady Housing Market Expected as Foreclosure Protections Expire. Few experts polled anticipate foreclosed homes will be adding to housing inventory. Few experts polled anticipate foreclosed homes will be significantly adding to housing stock. Tue, 09/21/2021 - 11:13.

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Housing Inventory Equity Forecasting 52

Pro Builder

SEPTEMBER 7, 2022

Housing Analyst Ivy Zelman Predicts Falling Home Prices in 2023 and 2024. Ivy Zelman, founder of Zelman & Associates, is forecasting a full-blown housing correction in the months and years to come . home prices will fall 4% in 2023 and another 5% in 2024 as inventory levels rise and demand falls from record highs. .

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Housing Forecasting Inventory 52

Pro Builder

JANUARY 7, 2022

Are We in Another Housing Bubble? Home prices were already rising before the COVID-19 pandemic struck in early 2020, but with even greater demand and lower inventory over the past two years, the median existing house price has surged to over $350,000, according to The Washington Post. Housing Markets. New-Home Sales.

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Housing Inventory Forecasting Income 52

Pro Builder

SEPTEMBER 20, 2021

How Much Longer Will the Housing Market Be Out of Whack? As prognosticators look ahead, one universal observation is the real estate market already had super-heated price appreciation and low inventory before the pandemic, and the factors that created this market will persist to some degree. “We Mon, 09/20/2021 - 11:14.

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Housing Inventory Bidding Forecasting 98

Pro Builder

JANUARY 11, 2022

Inventory and affordability will determine the rate of sales growth into another pivotal year for the housing market. economists and housing experts are evenly split on the pace of sales growth in 2022 with worsening affordability but rising inventory on the horizon, according to Zillow. Housing Markets.

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Inventory Forecasting Housing Maine 98

Pro Builder

JANUARY 3, 2022

Year-over-year increases in the seasonally adjusted Case-Shiller Composite 10, Composite 20 and National indices were the strongest on record in 2021, but a recent deceleration in house price growth could change the forecast for 2022, according to the CalculatedRisk Newsletter. Housing Markets. Market Data + Trends.

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Inventory Forecasting Housing 98

Pro Builder

FEBRUARY 8, 2022

How a Housing Shortage and High Prices Are Hurting the Middle Class. Home prices are quickly exceeding home buyer budgets as limited inventory pushes affordability further out of reach. Tue, 02/08/2022 - 11:22. Otherwise, the wealth gap between middle-income and upper-income households may grow even further.”.

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Pro Builder

MAY 11, 2022

The Housing Market Is Still Hot, But Experts Say It May Be Cooling. House prices are outpacing average household incomes across the U.S., Slower sales activity could also mean fewer housing starts for builders after years of unwavering demand in the residential construction sector. . Wed, 05/11/2022 - 10:31.

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Housing Income Inventory Forecasting 52

Pro Builder

JUNE 7, 2022

The Housing Market Is Hot, but Is It Bubble Hot? but a heated market may not be indicative of a housing bubble. are still seeing record growth, but as the Federal Reserve cracks down on its aggressive approach to tame inflation, 60% of housing experts polled by Zillow don’t believe the housing market is in a bubble.

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Housing Inventory Forecasting Risk 52

Pro Builder

AUGUST 9, 2021

The Housing Market's Two Biggest Challenges. Dietz says the media has blamed builders limiting sales due to lack of inventory and higher construction costs and that rising home prices have kicked many buyers out of the market. cbroderick. Mon, 08/09/2021 - 09:53. New-home sales remained 13.5% Read More. . Market Data + Trends.

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Housing NAHB Inventory Forecasting 52

Pro Builder

OCTOBER 22, 2021

The September home sales rate exceeded the consensus forecast after a drop in completed transactions for the month of August, Bill McBride reports in his CalculatedRisk Newsletter. Total housing inventory at the end of September amounted to 1.27 Unsold inventory sits at a 2.4-month Housing Markets.

Inventory 98

Inventory Forecasting Housing 98

Pro Builder

JULY 6, 2022

A housing correction is underway, and the nation's hottest markets will be the first to see major price reductions over the coming months. Inventory is climbing, too. Housing Markets. Housing Markets. Wed, 07/06/2022 - 10:04. of for-sale homes in Boise also had their prices reduced. Realtor.com data from June noted a 18.7%

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Pro Builder

SEPTEMBER 6, 2022

A new Goldman Sachs housing forecast points toward stalled price growth in 2023, but some metros are already seeing substantial declines. The most recent price outlook forecasts an average 0% growth in 2023, though large declines are still unlikely. Housing Markets. Tue, 09/06/2022 - 09:55. Market Data + Trends.

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San Diego San Francisco Los Angeles Forecasting 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

JUNE 3, 2020

2020 Housing Giants Report: The Magnificent Middle. In the shadow of the top 20 Housing Giants and their impressive numbers, midsize production builders are vital to the industry’s growth and resilience. 500 baseball team, but I have a soft spot for builders in the middle of our Housing Giants rankings. Wed, 06/03/2020 - 13:00.

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Housing Inventory Houston Modeling 86

Pro Builder

JULY 18, 2022

According to CNBC, Utah is home to the nation’s most stable housing market with the fastest pace of new construction and 27.1% Realtor.com recently revised its 2022 forecast, now calling for sales to decline by 6.7% Forecasters previously called for a 6.6% Forecasters previously called for a 6.6% Housing Markets.

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Forecasting Utah Bidding Inventory 52

Pro Builder

SEPTEMBER 16, 2020

Tri Nguyen, founder and CEO of Network Capital Funding Corporation, forecasts possible changes to lending regulations, more attraction to affordable locales, and a reemergence of housing inventory. A Steady Re-Emergence Of Housing Inventory.

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Inventory Regulation Forecasting Housing 52

Pro Builder

SEPTEMBER 24, 2020

Zillow surveyed more than 100 economists, investment strategists, and real estate experts about their prediction for the housing market. In addition, a majority of respondents believed that multifamily housing starts would not reach pre-pandemic levels until at least 2023. average forecasted growth from 0.9% price increase.

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Forecasting Inventory Housing Resource 80

Pro Builder

SEPTEMBER 1, 2020

It is clear to see why: historically low mortgage rates, slim inventory for existing homes, and buyers want features that new homes flaunt. Purchases of new single-family houses climbed 13.9% Purchases of new single-family houses climbed 13.9% The median selling price rose 7.2% from a year earlier to $330,600.

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Inventory Forecasting Housing Office 98

Pro Builder

DECEMBER 28, 2022

over the next 12 months as weaker home sales lead to a boost in stagnant inventory. This is down slightly from November’s forecast for 5.1 After rising 10.4% during the 12 months ending in November, the national Zillow Home Value Index is expected to fall 1.1% Zillow expects 5.0 decrease compared to 2021. million sales.

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Inventory Forecasting 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 . However, by 2025, the Fed is forecasting a return to a normalized rate of 2.5% Housing Policy + Finance. for the federal funds rate. Affordability. Financing.

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Finance DOT NAHB Housing 52

Pro Builder

JUNE 1, 2020

But the economists say that the housing market isn’t out of the woods yet as credit tightens and the inventory shortage continues to rear its ugly head. Sales were 30 per cent above the company’s own pre-crisis forecast for the month. Then in May, something unexpected happened. Mortgage rates are at record lows.

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Inventory Forecasting Texas Housing 72

Pro Builder

DECEMBER 7, 2022

CoreLogic's most recent Home Price Index reveals a housing market on the brink of a major slowdown. The latest forecast anticipates a stagnant 0.0% gain from October 2022 to November 2022, and though more annual gains are expected in the year ahead, home price growth is moderating in a nationwide housing correction. Annual U.S.

Risk 52

Risk Inventory Forecasting Housing 52

Pro Builder

OCTOBER 29, 2021

Nationwide supply-chain disruptions, high cost of living, and unemployment rates are causing a deceleration of economic growth in the third quarter of 2021, according to the NAHB’s Eye on Housing. Real gross domestic product (GDP) fell two percentage points below forecasted rates and slowed significantly from its second quarter levels. .

Forecasting 52

Forecasting Inventory Residential Estimating 52

Pro Builder

AUGUST 3, 2020

Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. NAHB Housing Policy Briefing. Even as the nation grapples with the economic effects of the COVID-19 pandemic , Fowke plans to continue the association’s emphasis on improving housing affordability. “We New Single-Family Home Inventory.

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NAHB Regulation Florida Inventory 98

Pro Builder

MARCH 31, 2021

In January and February of 2020, the price of lumber and panels began to fall due to an expectation within the LBM industry of waning demand and that inventories were sufficient. . Lumber Prices Hit Record High, Threatening Housing's Momentum. By now, the story is cemented of how we arrived in the situation we face today.

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Inventory Forecasting Risk Environment 124

Pro Builder

FEBRUARY 10, 2022

Rising interest rates and declining inventory are pushing more prospective buyers out of a frenzied market at the start of 2022. Rates have been steadily rising since the start of the year, but buyers who initially seemed unfazed are now pulling back, especially as dwindling housing supply pushes home prices higher. Housing Markets.

Inventory 52

Inventory Forecasting Banking Housing 52

Pro Builder

JANUARY 7, 2021

Listing inventory remains low and prices continue to rise, giving sellers advantage over buyers. According to HousingWire, there remains little chance for a full-on buyer’s housing market this year. According to HousingWire, there remains little chance for a full-on buyer’s housing market this year. Thu, 01/07/2021 - 10:30.

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Bargains Inventory Forecasting Housing 52

Pro Builder

NOVEMBER 30, 2022

After years of wild fluctuations and volatility, homebuyers, sellers, owners, and renters can expect a more stable housing market in 2023, but those hoping for financial relief will likely be disappointed.

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Comparison Inventory Forecasting Housing 52

Pro Builder

MAY 17, 2021

John Burns Real Estate Consulting (JBREC) predicts a fresh wave of rental demand on the horizon as inventory remains low and buyer demand remains high. Inventory of existing homes dipped 27% year over year in the first quarter of 2021, with regional markets offering just two months of supply.

Inventory 52

Inventory Forecasting Consulting Housing 52

Pro Builder

FEBRUARY 4, 2022

For nearly two years, buyers have faced soaring prices, plunging inventory, and tight competition, forcing many into rushed offers on homes that they may otherwise think twice about buying. Market forecasts predict that conditions won’t change significantly this spring. Housing Markets. Fri, 02/04/2022 - 10:37. New-Home Sales.

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Inventory Equity New York Forecasting 52

Pro Builder

JUNE 4, 2020

Low inventory and interest rates are keeping housing prices stable through 2020, but by next April, nine years of annual home prices gains may end, according to a report by CoreLogic. Will Home Prices Drop in 2020? Thu, 06/04/2020 - 10:13. The real estate data company projects that prices will decline 1.3 home prices will drop 1.3%

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Forecasting Inventory California Resource 52

Pro Builder

DECEMBER 21, 2021

Limited inventory is causing yet another increase in home prices at the end of 2021. Market experts predict that inflation could also play a serious role in housing affordability throughout 2022 as home buyers face increases for consumer goods. November Homes for Sale Reach Record Low. Tue, 12/21/2021 - 09:56.

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