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.

Inventory 72

Inventory Housing 72

Pro Builder

DECEMBER 1, 2020

New-Home Inventory at Three-Year Low as Sales Outpace Construction. Tue, 12/01/2020 - 10:47. The historic margin of new-home sales versus construction starts from the end of summer are continuing to affect overall new-home inventories. Inventories for new homes are now at a three-year low. cbroderick. Sales are up 20.6%

Inventory 85

Inventory NAHB Construction Housing 85

Pro Builder

JUNE 10, 2021

Experts Say Relaxed Zoning Rules Will Boost Housing Supply. The most effective way to increase the supply of housing would be to relax zoning rules, according to results from Zillow’s Home Price Expectations Survey. This survey questions housing experts on their expectations and solutions for the housing market.

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Zoning Housing Inventory Metro 98

Pro Builder

JUNE 11, 2020

Homebuyers in Search of Space Will Face Historically Low Inventory . Thu, 06/11/2020 - 10:17. Even before the pandemic, the housing industry struggled with the lack of housing inventory, especially at the affordable end. In 2009, the nation had a 10 month supply of homes--now we have a 3 month supply.

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Inventory Housing Resource Industrial 78

Pro Builder

DECEMBER 21, 2021

Housing Inventory Slowed by Supply Chain Disruptions. Home construction is peaking, but new inventory may still offer inadequate supply. Though new construction rates seem promising in a housing market with limited supply, many projects are facing extended delays, and some have even carried over from the year prior.

Inventory 59

Inventory Housing Residential Construction 59

Pro Builder

SEPTEMBER 24, 2021

Next Year’s Housing Market Will Be Boring. While supply-chain problems and some inventory constraints are likely to persist into next year, both buyers and builders seemed to be getting more comfortable with the current environment. Fri, 09/24/2021 - 10:42. Meanwhile, average 30-year fixed mortgage rates have fallen by about 0.7%.

Housing 105

Housing NAHB Inventory Bidding 105

Pro Builder

JUNE 17, 2021

Million More Units to Close Housing Gap. 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. housing markets needs 2 million single-family homes, 1.1

Housing 111

Housing Estimating Inventory Banking 111

Pro Builder

JANUARY 28, 2022

December Housing Inventory Highest Since 2007. Home sales are down year-over-year, but additional inventory could relieve record-high demand. below 2020 rates, according to the CalculatedRisk Newsletter. The current inventory of homes under construction is at 263 thousand, the highest since 2007. months from 6.6

Inventory 52

Inventory Housing Construction 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. The median credit score for borrowers was 786 during the fourth quarter of 2020.

Inventory 85

Inventory Finance Office Housing 85

Pro Builder

NOVEMBER 1, 2021

Housing Market. Though housing demand will likely remain high into 2022, more inventory and low interest rates could create a more balanced market, according to Forbes Business Council. As of December 2020, there was only a 1.9-month So, what has the potential to shift the market and create a more balanced housing supply?

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Housing Inventory Statistics Income 97

Pro Builder

AUGUST 31, 2021

Why We Won’t See a Housing Market Crash. A growing list of doomsayers point to the shifting market as taking us one step closer to a bursting housing bubble. In their minds, housing went up too fast and now must come back down. In their minds, housing went up too fast and now must come back down. Tue, 08/31/2021 - 10:34.

Housing 98

Housing Inventory US 98

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. How will 2020 be remembered in the history of the U.S. housing industry? SEE THE LIST: 2021 Housing Giants Ranked List. Mon, 12/06/2021 - 12:00.

Housing 105

Housing Permits Industrial Estimating 105

Pro Builder

MAY 18, 2021

Monthly Housing Inventory Drop Improved Slightly in April. Back in March, there were signs of a possible upturn in inventory for the month of April, yet housing inventory dipped 1.4% Back in March, there were signs of a possible upturn in inventory for the month of April, yet housing inventory dipped 1.4%

Inventory 52

Inventory Housing San Jose San Francisco 52

Pro Builder

JUNE 28, 2022

When Predicting a Housing Slowdown, Inventory Is Key. The housing market is cooling after two years of frenzied buyer activity, but a slowdown in home price growth hinges on existing and new home inventory. Tue, 06/28/2022 - 10:31.

Inventory 52

Inventory Housing Green 52

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

Housing 98

Housing Inventory NAHB New York City 98

Pro Builder

SEPTEMBER 23, 2021

Is Housing Inventory Much Lower Than We Think it is? It seems likely that active inventory is down close to 25% year-over-year, rather than 13.4%. An analysis of the existing home sales by Calculated Risk noted that inventory may be much less than what the National Association of Realtors report shows.

Inventory 52

Inventory Housing Comparison Risk 52

Pro Builder

JANUARY 12, 2022

Remote Work and Cryptocurrency Are Driving up Demand for Luxury Houses. Not only did the luxury market report major price increases throughout 2021, but median home prices also rose as a result of low inventory and high demand, particularly in markets with growing populations from remote work migration. Housing Markets.

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Housing Inventory Residential Design 104

Pro Builder

AUGUST 11, 2021

3 Early Signs the Housing Market Could Normalize Soon. It’s also the first time home prices did not break a record, and other metrics point toward normalization for the housing market. Inventory also increased slightly in July, up 13% compared to the low in March but still 26% lower than last year. cbroderick.

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Housing Inventory Deals Contract 98

Pro Builder

APRIL 23, 2021

Housing Inventory Shows Promising Signs of Potential Rebound. Housing inventory began to show its first signs of a rebound in March when stock took a much shallower dip and even increased from February in some markets. For-sale inventory dropped 1.1% For-sale inventory dropped 1.1% cbroderick.

Inventory 52

Inventory Housing San Jose San Francisco 52

Pro Builder

NOVEMBER 15, 2021

National Housing Market Will Remain Hot Into the Winter Season. Some buyers who faced supply-chain issues slowing new home construction in the spring, summer, and fall may also be extending their house hunting to the end of the year. And that overwhelming demand for housing is still going strong today. Mon, 11/15/2021 - 09:37.

Housing 98

Housing Inventory Construction 98

Pro Builder

JUNE 15, 2020

Housing Market Is “Bananas," Demand Surges 25% Above Pre-Pandemic Levels. Mon, 06/15/2020 - 10:08. Though inventory will still be a thorn in the housing market’s side, sellers are finally feeling more comfortable with listing their properties. It seems that nothing can deter homebuyers.

Housing 105

Housing Maryland Inventory Resource 105

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? cbroderick. Mon, 01/11/2021 - 09:13. And more than half of U.S. Affordability.

Housing 59

Housing Income Inventory Washington 59

Pro Builder

DECEMBER 2, 2020

What to Expect from 2021's Housing Market. Wed, 12/02/2020 - 09:44. After a year of many broken records, there remains much uncertainty about the 2021 housing market. next year as for-sale inventory becomes more robust, which may happen in the second half of 2021. cbroderick. Prices are predicted to advance by 5.7%

Housing 97

Housing Inventory 97

Pro Builder

FEBRUARY 2, 2021

Despite Low Inventory, Buyers are Positive About Housing Availability. Prospective homebuyers were more negative about the housing market conditions, specifically housing availability, in 2019 compared to 2020, according to the National Association of Home Builders’ Housing Trends Report. cbroderick.

Inventory 51

Inventory Housing NAHB 51

Pro Builder

MAY 23, 2022

Housing Inventory Is Falling at Its Slowest Pace in Two Years. April for-sale housing inventory fell at a single-digit year-over-year pace for the first time since the start of the pandemic. As a result, buyers are backing off, which is causing home sales to fall and the housing shortage to ease. Housing Markets.

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Inventory Housing Budget Budgeting 52

Pro Builder

NOVEMBER 1, 2021

Buyers Lower Expectations After Third Straight Quarter of Low Housing Inventory. With a scarcity of homes for sale in the third quarter of 2021, fewer buyers are expecting to find a home with current market availability, reports the NAHB’s Eye on Housing. Mon, 11/01/2021 - 10:03.

Inventory 52

Inventory Housing 52

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. Housing Markets. Housing Markets. Wed, 11/17/2021 - 10:13. MBA anticipates a 5.2% year-over-year growth.

Housing 98

Housing Forecasting Equity Inventory 98

Pro Builder

OCTOBER 2, 2020

Housing Inventory Continues to Dwindle As Prices Advance. Fri, 10/02/2020 - 09:47. Homes on the market lag far behind last year's available inventory. cbroderick. In a normal world, buyer demand would have most likely eased up in October, but it does not appear to be headed that way.

Inventory 52

Inventory Housing Bidding Resource 52

Pro Builder

APRIL 23, 2021

March marked the 109th consecutive month of yearly gains for existing home prices for all housing types while sales dropped nearly 4% from the previous month, reports the National Association of Realtors. Housing market activity dipped 3.7% increase from March 2020. March's inventory increased 3.9% million, a 12.3%

Inventory 98

Inventory Housing Contract 98

Pro Builder

FEBRUARY 11, 2022

The 2022 Housing Market Is Heating Up—Could It Outpace the Year Before It? Homes are selling faster than ever, and as supply dwindles, buyers are going toe-to-toe in yet another heated housing market . The average January home sold in just 61 days, 10 days less than in 2021 and 29 days faster than pre-pandemic rates from 2017 to 2020.

Housing 81

Housing Inventory Washington 81

Pro Builder

OCTOBER 22, 2021

Though sales are rising on a monthly basis, rates are over 2% lower than in 2020 per NAR market data which states the following: “Existing-home sales rebounded in September after seeing sales wane the previous month, according to the National Association of Realtors®. million in September 2020).”. Unsold inventory sits at a 2.4-month

Inventory 98

Inventory Forecasting Housing 98

Pro Builder

JULY 30, 2020

Bay Area Tech Workers Flee to Lake Tahoe, Dramatically Reducing Housing Supply. Thu, 07/30/2020 - 09:26. CNBC reports that Lake Tahoe area brokers are seeing an inventory shrinkage like no other, with only one-fifth to one-tenth of the usual listings available. cbroderick.

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San Francisco Los Angeles Housing Nevada 98

Pro Builder

MARCH 25, 2021

As Spring Buying Season Approaches, Inventory Drops. Buyers entering the housing market in the spring buying season will face difficulties as housing inventory dropped nearly 50% compared to 2020. lower than February 2020. A 25% increase in listings is needed to bring inventory back to April 2020’s level.

Inventory 52

Inventory San Antonio Houston Dallas 52

Pro Builder

SEPTEMBER 10, 2020

Redfin August Report: No Slowdown for the Housing Market. Thu, 09/10/2020 - 09:46. For the four week period ending August 30, the housing industry saw more record breaking median home price increases and home inventory shortages. cbroderick. Active listings dropped by 28% from last year, a new all-time low, says Redfin.

Housing 84

Housing Inventory Idaho Oregon 84

Pro Builder

NOVEMBER 9, 2020

Biden's Promised Changes to the Housing Market. Mon, 11/09/2020 - 09:28. 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. Campaign promise: Address racial discrimination in housing. Housing Policy + Finance.

Housing 80

Housing Discrimination Inventory Income 80

Pro Builder

JULY 26, 2020

Andrés Duany on New Urbanism’s Legacy and a Solution for Affordable Housing. Sun, 07/26/2020 - 06:00. As a leading advocate for smart growth, Miami-based architect and urban planner Andrés Duany's vision for housing development and affordability is both bold and practical. No Nonsense Housing Company. Andrés Duany.

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Housing Permits Regulation Retail 105

Pro Builder

AUGUST 12, 2020

Wed, 08/12/2020 - 09:43. The housing market seems like a revolving door for new listings, with homes coming and going at a fast pace. Unfortunate for buyers yet very fortunate for sellers, the market continues to have issues keeping up with demand due to tight housing supply. Buyers Are Snatching Up Homes in Record Time.

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Inventory Housing 98