Pro Builder

JANUARY 3, 2023

As demand skyrocketed while housing supply remained historically low, home prices soared to an all-time high of $430,365 in May, and median rent prices also reached a record high of $2,053 in August. As mortgage rates rose alongside inflation, more buyers decided to stay put, allowing inventory to increase.

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Pro Builder

JANUARY 25, 2021

Existing Home Sales Soared in 2020 Despite Record Low Inventory. If housing inventory were robust enough to meet current demand, there may have been nearly 8 million sales closed, says the National Association of Realtors chief economist. In addition to the low inventory, home prices increased 12.9% cbroderick.

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Inventory Housing 72

Pro Builder

JUNE 2, 2022

The Housing Market Is Hitting a Turning Point, but Where Will It Go From Here? Home sales are slowing, asking prices are dropping, and—believe it or not—inventory is rising. The number of new listings rose 8% in May, the first gain since June 2019, though inventory remains at a historic low nationwide, Realtor.com reports.

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Housing Inventory Finance 98

Pro Builder

NOVEMBER 1, 2021

What to Expect in the 2022 Housing Market. The decisive force in the 2022 housing market will likely be inventory after a year of high competition and low supply, according to Bill McBride’s CalculatedRisk Newsletter. The key in 2022 will be inventory. Total housing starts will be around 1.58 million in 2019.

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Housing Inventory Comparison 52

Pro Builder

OCTOBER 8, 2021

The State of Housing Market Trends for September. The September housing data release reveals that homes are still selling at a brisk pace and listing prices continue to grow steadily over the previous year. Active listing inventory is historically low but the gap compared to last year continues to shrink. compared to 2019.

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Housing Inventory Metro Statistics 59

Pro Builder

JUNE 30, 2022

The Nation’s Hottest Housing Markets Are Finally Cooling. Local housing inventories are climbing in some of the nation's most in-demand metros and suburbs, signaling greater affordability and more opportunities for home purchases in the near future. The growth in home prices has also slowed in the Elk Grove housing market.

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Housing Inventory Sacramento Illinois 52

Pro Builder

JUNE 7, 2022

Which Housing Markets Are Seeing the Most Deceleration? A housing slowdown isn't affecting all regional markets equally. Low inventory has been a driving factor of record-high home prices throughout the last several years, but between March 26 and May 7, nationwide inventory levels rose 10%, according to Fortune.

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Housing Inventory Idaho Nevada 52

Pro Builder

APRIL 5, 2021

If Home Prices and Inventory Weren’t Enough, Buyers Now Struggle to Get Mortgages. Mortgage credit availability has reached near its lowest level since 2014, adding another hurdle for prospective buyers on top of low inventory and rising home prices. This is a 9% increase from 2019. cbroderick. Mon, 04/05/2021 - 08:49.

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Inventory Finance Office Housing 85

Pro Builder

NOVEMBER 30, 2021

Housing Markets to Watch in 2022. Forbes reveals its list of the hottest housing markets for the new year. to suburban communities, the hottest housing markets of 2022 are defined by the most appealing sales-to-list price ratios, median sale prices, and for-sale inventory over a 5-year period. Housing Markets.

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Housing Inventory North Carolina Seattle 52

Pro Builder

JANUARY 6, 2022

The Evolution of the Housing Market Nearly Two Years Into the Pandemic. After the first wave of COVID-19 struck the United States in early 2020, the number of homes for sale dropped by over 57% in a two-year period, causing prices to jump 25% from December 2019 to December 2021, according to Realtor.com. Housing Markets.

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Housing Inventory United States Comparison 52

Pro Builder

AUGUST 11, 2022

The Great Housing Cooldown Is Underway—Here’s How Your Local Market Stacks Up. Home sales are slowing and inventory is rising nationwide, but not all markets are cooling at the same pace. Inventory levels are rising quickly in a number of regional markets across the U.S., Housing Markets. Housing Markets.

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Housing Inventory Utah Security 52

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

AUGUST 18, 2022

The Housing Market Is Rebalancing, and Those Who Can Still Afford Homes Are Poised to Benefit. List prices are beginning to fall as active inventory spends more time on the market, meaning that those still searching for homes are finding more options and less competition. since July 2019, despite softer pricing in more recent months.

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San Jose San Francisco Housing Metro 98

Pro Builder

APRIL 3, 2023

But as the housing market moves into a typically busy spring season, that correction is losing steam. Second, inventory in March was 49.5% below levels hit in March 2019. Third, housing affordability has improved a bit over the past few months as mortgage rates came back under 7% and many markets saw home prices come down a bit.

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Housing Phoenix Seattle Inventory 52

Pro Builder

APRIL 3, 2023

and 16.3%, respectively, from their peak, but as the housing market moves into a typically busy spring season, that correction is losing steam. and 16.3%, respectively, from their peak, but as the housing market moves into a typically busy spring season, that correction is losing steam. Second, inventory in March was 49.5%

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Housing Phoenix Seattle Inventory 52

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. It’s barely recovered since then.

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Inventory Phoenix Austin Housing 98

Pro Builder

DECEMBER 17, 2021

Home Price Gains Expected in Unseasonably Warm Winter Housing Market. Zillow’s November 2021 market report shows strong activity in a typically slow season for the housing market. Compared to pre-pandemic rates in November 2019, the current market is reporting 37.8% Fri, 12/17/2021 - 09:56. fewer homes for sale after a 6.1%

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Housing Nashville Inventory Milwaukee 59

Pro Builder

JANUARY 11, 2021

The 2020 Housing Issues Sticking Around This Year. Low inventory, high home prices, working from home, rising home values—all these factors were a part of the flourishing housing market this year, but will they continue on through 2021? In 2019, the median household income of first-time buyers was $68,703. cbroderick.

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Housing Income Inventory Washington 59

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. Buyers with a household income between $75,000 and $100,000 are limited to roughly 51% of total homes listed for sale, compared with 58% in 2019.

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Housing Income Inventory Budgeting 52

Pro Builder

JANUARY 6, 2022

Metro Denver Housing Market Ends the Year With Meager Supply. Buyers in a picked over Denver market are finding limited inventory and sky high prices. Housing Markets. Housing Markets. Thu, 01/06/2022 - 10:01. The median price of a single-family home in metro Denver rose 19.3% Metro Denver, a region with 1.4

Denver 52

Denver Metro Housing Inventory 52

Pro Builder

MARCH 17, 2022

How the Housing Market Fared in February 2022. It’s been two years since the start of the COVID-19 pandemic, and the latest February 2022 market report reveals just how much the housing industry has changed. More homes transacted last month than in either February 2019 or 2020, though sales were 11% lower than in 2021.

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Housing Raleigh Miami Leases 52

Pro Builder

SEPTEMBER 12, 2022

On the Cusp of a Recession, Housing Costs Are Soaring. housing market could be moving full steam ahead into a recession after years of record growth. As the housing market continues to cool after years of red-hot home sales, recession concerns are causing a growing number of buyers to hold off on home purchases. Housing Markets.

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Housing Bargains NAHB Inventory 52

Pro Builder

DECEMBER 16, 2020

Housing Markets Expected to Thrive in 2021. While many unexpected housing markets boomed this year due to the pandemic, 2021 may be the year for these 15 cities, says Forbes. Read on to find out the top housing markets to watch in 2021. cbroderick. Wed, 12/16/2020 - 09:51. Boise, Idaho. Read More. . Regional Builders.

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Housing San Francisco Idaho New York 59

Pro Builder

MAY 8, 2023

Every time a homeowner chooses not to list, the housing market is left with one less home for sale, meaning one less buyer making a purchase. Last year's mortgage rate spike saw homes sit on the market longer as days on market increased, which allowed inventory to pile up even as fewer homes came up for sale.

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Inventory Housing Plans 98

Pro Builder

DECEMBER 6, 2021

More Millennials Entering Mobile Home Market to Avoid Record-High Housing Prices. Not only are mobile homes affordable housing options for first-time buyers, but they also accommodate on-the-go lifestyles for the post-pandemic house hunter. Census Bureau data available between 2014 and 2019. Housing Markets.

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Mobility Housing Hawaii Inventory 52

Pro Builder

OCTOBER 6, 2022

The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . Fed Economist Forecasts Uptick in Single-Family Construction. Thu, 10/06/2022 - 10:24. New-Construction Projects. Single-Family Homes. Planning + Development. New-Construction Projects.

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Forecasting Kansas City NAHB Permits 98

Pro Builder

NOVEMBER 16, 2020

Housing Market Briefly Pauses, Remains Fierce. Due in part to the lack of new listings hitting the market last week, the total number of homes for sale recorded a dip too, with total inventory across the U.S. With buyers competing for limited inventory, the homes that are available are selling fast. cbroderick. New-Home Sales.

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Housing Inventory 52

Pro Builder

JUNE 14, 2021

2021 Housing Giants Report: An Unforgettable Forgettable Year. New and old challenges confronted the housing industry in 2020, and it may never be the same. housing industry? It’s kind of hard to remember (or maybe simply not worth the brain space) just how strongly 2020 started for new housing. Mon, 12/06/2021 - 12:00.

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Housing Permits Industrial Estimating 105

Pro Builder

NOVEMBER 9, 2021

A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. As the construction industry struggles to recruit, train, and retain workers, delayed projects and lingering inventory shortages will continue to limit affordability for homebuyers. . percent in 2020.

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Inventory NAHB Employment Estimating 98

Pro Builder

AUGUST 7, 2020

Housing Industry Growth Stifled as Lumber Prices Soar. Rising lumber prices and Canadian tariffs create a ripple effect: housing supply will be further constrained, new homes will be more expensive, and the housing industry’s impact on the economy will be stifled. . Sales-adjusted inventory is at just a 4.7-month

Housing 52

Housing Industrial NAHB Inventory 52

Pro Builder

JUNE 30, 2022

Rising Real Estate Listings Signal Strong Post-Pandemic Recovery for the Housing Market. As demand softens, a resurgence of home listings sets the stage for the housing market's post-pandemic rebalancing . Thu, 06/30/2022 - 10:02. Real estate listings rose 18.7% Market Data + Trends. New-Home Sales. Market Data + Trends.

Housing 52

Housing Negotiation Inventory 52

Pro Builder

OCTOBER 26, 2020

Housing market activity for existing homes jumped 9.4% But compared to September 2019, existing home sales have increased by 21%. million at a seasonally adjusted annual rate despite increasing prices and decreasing inventory. from September 2019. September’s inventory figures fell 1.3% cbroderick. It will take 2.7

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Inventory Housing Resource Contract 52

Pro Builder

DECEMBER 22, 2022

After four months of consecutive declines, housing inventory has fallen to 1.14 Some people might believe that new listing data being negative is good for the housing market because it means inventory is stable. I believe this is the wrong way to look at the housing market. million, HousingWire reports.

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Inventory Housing 52

Pro Builder

JANUARY 18, 2021

Last month, the state’s single-family housing inventory dropped 60% compared to December 2019 while condominium and townhome inventory decreased by 52%. In Larimer County, including Fort Collins, the inventory of single-family homes fell from 985 to 414, a decline of 58% from December to December. Housing Markets.

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El Paso Colorado Inventory Denver 52

Pro Builder

JUNE 29, 2022

Low inventory has been an issue in the market, says Matt Fowler, executive director of Triangle MLS. He says more area houses sold in 2021 than in any year before—and that pace has kept up this year so far. So there’s less inventory visible, but you can [still] find and buy a house.”. Housing Markets.

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Raleigh Inventory New Hampshire Housing 52

Pro Builder

DECEMBER 1, 2022

After speeding into home purchases from 2019 to 2021, first-time buyers were slowed down by historically high home prices and skyrocketing mortgage rates in 2022. Millennials became homeowners at the fastest pace of their lifetimes between 2019 and 2021, causing the median age of U.S. Thu, 12/01/2022 - 10:21. New-Home Sales.

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Inventory Washington Housing 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