Pro Builder

MAY 13, 2022

As the housing market slows amid rising mortgage rates, inventory will be a determining factor in a post-pandemic economic recovery. If housing supply continues to grow as prices decelerate, previously priced-out buyers could make a strong return to a more balanced market. Market Data + Trends.

Inventory 98

Inventory Housing Construction 98

Pro Builder

MARCH 30, 2023

Pending Home Sales Are Slowing, but Experts Say the Market Is Turning a Corner ldeakins Thu, 03/30/2023 - 10:53 Home sales are falling amid mortgage rate volatility, but despite the slowdown, buyers are gradually mounting a market comeback Pending home sales rose for the third consecutive month in February, but a 0.8%

Contract 98

Contract Inventory Housing Finance 98

Pro Builder

MAY 25, 2023

But recent data suggest professional investors may be tapering off their home purchasing. Affordability is driving so much of the market now,” [ Hannah] Jones says. Read more Financing Market Data + Trends Market Data + Trends But they’re also seeing more activity from traditional homebuyers.”

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Residential Finance Accounting Housing 98

Pro Builder

DECEMBER 16, 2022

Waning Buyer Demand Is Taking a Toll on the Fix-And-Flip Market. Though purchase prices are cutting into investor profits, the real kryptonite of the fix-and-flip market is a lack of demand from buyers priced out by fast-rising mortgage rates, a rising trend that forces sellers to cut prices or leave homes sitting on the market for longer.

Inventory 98

Inventory Profitability Finance Remodeling 98

Pro Builder

APRIL 12, 2023

Has the Housing Market Bottomed Out? Prices Rise for First Time in 7 Months ldeakins Wed, 04/12/2023 - 11:40 After months of price corrections in the nation's most popular housing markets, U.S. Still, most Americans are pessimistic about current market conditions. rise in home prices from January to February and a 4.4%

Housing 98

Housing Banking New York Inventory 98

Pro Builder

DECEMBER 19, 2022

Here’s What Real Estate Experts Say the 2023 Housing Market Will Look Like. Though a market correction will offer some relief to priced out buyers, ongoing affordability challenges will further slow home sales in 2023, experts say. Market Data + Trends. Exclusive Research + Data. Market Data + Trends.

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Housing Sustainability Office Construction 98

Pro Builder

JUNE 7, 2023

However, for respondents who cited financial reasons as the impediment to buying this year, should mortgage rates fall significantly, many would be eager to jump back into the market. 3.25% range, less than half of today’s level, with 11% of respondents citing this as the level that would bring them back into the market.

US 98

US Housing Plans 98

Pro Builder

JANUARY 4, 2023

The mid-pandemic trend of upsizing appears to be reversing in 2023, and instead, affluent buyers are purchasing smaller properties for their second homes, the National Association of Realtors reports. Read more Market Data + Trends New-Home Sales Market Data + Trends

Housing 89

Housing Finance Plans 89

Pro Builder

JANUARY 3, 2023

As soaring inflation put a target on the housing market and forced the Fed to consistently raise its rates throughout the year, mortgage rates posted their fastest annual growth on record, doubling throughout 2022. Read more Market Data + Trends Exclusive Research + Data Sales Market Data + Trends

Housing 98

Housing Inventory 98

Pro Builder

MAY 22, 2023

As a result, average single-family home size trended higher in 2021, but as interest rates and inflation make home purchases and renovations more expensive, that trend is reversing, the National Association of Home Builders' Eye on Housing reports. Home size rose from 2009 to 2015 as entry-level new construction lost market share.

NAHB 98

NAHB Renovating Housing Residential 98

Pro Builder

APRIL 12, 2023

in the third quarter, meaning that not only will new buyers be able to make their debut in the for-sale market, but those waiting on the margins will wage a comeback amid more affordable borrowing costs, Forbes reports. Read more Sales Financing Market Data + Trends Market Data + Trends

Finance 92

Finance Contract Management 92

Pro Builder

JULY 8, 2022

The housing market is going through a period of rapid transformation, but what does that mean for buyers in the long run? While some popular markets across the Southwest, Mountain West, and West Coast are seeing much-needed deceleration, others are still seeing historically high gains. housing market into cool-down mode.

Housing 98

Housing Inventory 98

Pro Builder

APRIL 3, 2023

markets in November, but in a sudden reversal, 39 markets saw home prices rise in February. Read more Market Data + Trends Affordability New-Home Sales Market Data + Trends That uptick is the strongest one-month increase since May 2022, but home prices remain 2.6% below their peak last June.

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Pro Builder

JUNE 14, 2023

household and accounts for more than one-third of the consumer price index (CPI) weighting, which gives housing an outsized influence on the overall direction of inflation data. Read more Market Data + Trends Economics Financing Market Data + Trends in April to 0.6%

Housing 98

Housing Finance Accounting 98

Pro Builder

DECEMBER 2, 2022

A widespread housing affordability crisis is forcing homebuyers to make unprecedented sacrifices in the hunt for homeownership, and while that trend could continue in 2023, a shifting market could offer some relief. Market Data + Trends. Market Data + Trends. Fri, 12/02/2022 - 10:30.

Inventory 98

Inventory Housing Contract 98

Pro Builder

MAY 5, 2022

After years of fierce competition for limited housing supply, elevated interest rates may not be enough to cool off a red-hot housing market. Even as mortgage rates reach new highs, a lack of available housing inventory is driving up demand and keeping home builders busy in every regional market. Market Data + Trends.

Inventory 105

Inventory Income Housing Sustainability 105

Pro Builder

SEPTEMBER 19, 2022

Housing Experts Forecast Falling Home Prices in the Next Phase of a Market Correction. Housing experts warn that the second stage of a market correction could be underway. In June, housing experts sounded the alarms of a market reset as mortgage rates skyrocketed and homebuying activity slowed nationwide. Market Data + Trends.

Forecasting 98

Forecasting San Francisco Housing Consulting 98

Pro Builder

NOVEMBER 4, 2022

There is also a glimmer of hope in the data that buyers stopped leaving the market as mortgage rates leveled off this week, but we’re still deep in a market that is coping with the pains of higher mortgage rates. Market Data + Trends. Market Data + Trends. New-Home Sales.

Finance 96

Finance Budgeting Budget Contract 96

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.

Inventory 98

Inventory Phoenix Austin Housing 98

Pro Builder

JANUARY 10, 2023

As Home Prices Fall, Buyers Are Inching Back Into the For-Sale Market. Despite rising mortgage rates, falling home prices are boosting homebuyer confidence and leading to more consumer traffic in the for-sale market. Market Data + Trends. Market Data + Trends. Tue, 01/10/2023 - 12:03.

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Comparison Negotiation Housing 98

Pro Builder

MARCH 7, 2023

With home-selling sentiment now lower than it was pre-pandemic – and homebuying sentiment remaining near its all-time low – consumers on both sides of the transaction appear to be feeling cautious about the housing market. Read more Affordability Market Data + Trends Market Data + Trends

Housing 98

Housing 98

Pro Builder

DECEMBER 20, 2022

Bubble or No Bubble, the Housing Market Is Bracing for Big Changes in 2023. For the last two years, the housing market has been characterized by fast-rising home prices and surging interest rates, but today's homebuying conditions are far different from the real estate landscape preceding the Great Recession. Market Data + Trends.

Housing 98

Housing Inventory Income Construction 98

Pro Builder

JANUARY 12, 2023

Housing Market Shows First Signs of Normalizing in 2023—Here’s What That Means for Homebuyers. housing market has been largely characterized by frenzied home sales, soaring costs, and an ever-widening supply deficit, but according to MarketWatch, conditions seem to be improving. Market Data + Trends. Raleigh, N.C.

Inventory 98

Inventory Housing Raleigh Bargains 98

Pro Builder

MARCH 29, 2023

Read more New-Home Sales Market Data + Trends Market Data + Trends Chaos creates a perfect time for cyber criminals to take advantage of these, especially in the housing industry," [Ike Suri] said, adding that each transaction between parties is an opportunity for a fraudster to strike.

Deals 94

Deals Housing Risk Budgeting 94

Pro Builder

FEBRUARY 14, 2023

Though a spring thaw has builders and buyers optimistic for a more active market in 2023, experts warn that a lack of for-sale inventory could keep prices high even in the midst of a widening market correction. Read more Market Data + Trends Housing Markets New-Home Sales Market Data + Trends

Inventory 98

Inventory Seattle Housing Sustainability 98

Pro Builder

DECEMBER 29, 2022

housing market has been correcting since spring 2022, when the Federal Reserve started applying upward pressure on interest rates to tame inflation. With more rate hikes on the horizon, the housing market is on track to see an even bigger slowdown in home prices throughout 2023, experts say. home prices have fallen.

Housing 97

Housing 97

Pro Builder

DECEMBER 23, 2022

Will Lower Rates, Slower Home Price Growth Be Enough to Lure Buyers Back Into the For-Sale Market? Characterized by falling interest rates, elevated supply, and a housing correction leading to price reductions in some overheated markets, 2023 could be a buyer's market after all. Market Data + Trends.

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United States Forecasting Housing 98

Pro Builder

OCTOBER 14, 2022

As buyers lose their purchasing power, home prices are beginning to fall from their June peak of $450,000, and slower demand also means that more for-sale homes are popping up on the market. . High mortgage rates and home prices do amount to some sort of consolation prize for buyers: a wider selection of homes on the market.

Inventory 97

Inventory Housing 97

Pro Builder

MAY 27, 2022

A More Balanced Market Is Within Reach, Experts Say. All signs point toward more market equilibrium in the coming months as sellers drop their asking prices amid waning demand. Buyers are safeguarding their savings and lowering their budgets as mortgage rates climb higher, and the rest of the market is responding, Redfin reports.

Housing 105

Housing Budgeting Budget 105

Pro Builder

APRIL 10, 2023

Read more Market Data + Trends Sales Affordability Market Data + Trends Bob Walters, the chief executive of Rocket Mortgage, predicts that mortgage rates will remain stable, or maybe slip a little in the months ahead, barring “an unwelcome inflation report.”

New York 98

New York Renovating Housing 98

Pro Builder

JANUARY 17, 2023

For the last several months, however, rates have been inching back down from peak highs, and that slight improvement may motivate buyers to ease their way back into the for-sale market, Fortune reports. Market Data + Trends. Market Data + Trends. In 2023, Capital Economics expects U.S. Affordability.

Housing 98

Housing Finance Sustainability 98

Pro Builder

MARCH 15, 2023

Fortunately, the United States Postal Service (USPS) Change of Address (CoA) data offer insight into monthly trends in mobility throughout the pandemic. These data reveal that moves spiked twice early in the pandemic before reverting to pre-pandemic levels by the end of 2021 and falling further throughout 2022 (Figure 2).

Mobility 52

Mobility Residential United States Housing 52

Pro Builder

JANUARY 16, 2023

The days of a fiercely competitive seller's market may at last be behind us, and instead, buyers are returning to an even playing field with more bargaining power in 2023. I’d say it’s an even market,” Farner said. “A A few years ago, it was clearly a seller’s market. Market Data + Trends. New-Home Sales.

Bargains 98

Bargains Bidding Housing US 98

Pro Builder

APRIL 13, 2023

While falling rates can be partially attributed to cooling inflation, a slower job market is also forcing the Federal Reserve to slow its rate hikes, CNBC reports. Read more Financing Affordability Market Data + Trends Financing

Finance 97

Finance Income Contract 97

Pro Builder

JUNE 2, 2022

The Housing Market Is Hitting a Turning Point, but Where Will It Go From Here? In order to attract offers, sellers in some regional markets are lowering their asking prices, and a softening in price growth and in the pace of new home sales is shifting a buyer-seller dynamic that has long given sellers the upper hand. . New-Home Sales.

Housing 98

Housing Inventory Finance 98

Pro Builder

FEBRUARY 21, 2023

higher than a year ago in January, but slower price growth in some of the nation’s most popular markets led to a slight uptick in buyer activity. Read more Market Data + Trends Affordability Market Data + Trends were still still 6.2% drop at the start of 2023, Zillow reports.

Housing 98

Housing San Francisco 98

Pro Builder

JULY 5, 2022

What a Housing Market Correction Means for Home Prices in 2023. The housing market is cooling after years of record growth, but how much price deceleration can buyers anticipate? housing market is slowing—fast. housing market returned to a period of normalized growth. . Market Data + Trends.

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Housing Forecasting Inventory Industrial 98