Pro Builder

MAY 6, 2021

New Construction Hits Record Highs as Inventory Posts Record Lows. Thu, 05/06/2021 - 09:48. The housing shortage worsened in April by reaching a new low, but March’s increase in new construction could bring much needed relief. during the first quarter of 2021 compared to 2020 and housing starts rose 15.3%

Inventory 105

Inventory Construction Housing Washington 105

Pro Builder

FEBRUARY 27, 2023

Still, housing supply is inching back toward pre-pandemic levels after reaching a record low in October 2020. Total inventory of completed for-sale homes is more than double the record low of 32,000 reached in 2021 and early 2022, while the inventory of homes under construction remains high at 280,000. months from 8.7

Inventory 98

Inventory Housing Construction 98

Pro Builder

APRIL 28, 2022

New Home Sales Slowed in March Despite Increased Inventory. New home sales are declining year-over-year after soaring during the first months of the pandemic, but housing supply is on the rise, says Bill McBride in the CalculatedRisk Newsletter. below the March 2021 estimate of 873,000. . Thu, 04/28/2022 - 10:27.

Inventory 98

Inventory Estimating Housing Construction 98

Pro Builder

JANUARY 21, 2022

Existing-Home Sales Dropped in December as Inventory Reached Record Low. December sales fell on both a month-over-month and a year-over-year basis, though overall sales for 2021 finished strong. million as inventory fell to an all-time low of 910,000 units in December. Housing Markets. Fri, 01/21/2022 - 10:28.

Inventory 98

Inventory Housing 98

Pro Builder

FEBRUARY 7, 2022

Record High Share of Houses for Sale Are New Construction. As housing demand surges and inventory dwindles, the share of newly built single-family homes for sale in December made up one-third of total housing inventory, up 25.4% By the end of December 2021, overall inventory dropped 14.2%

Housing 105

Housing Inventory Construction 105

Pro Builder

JUNE 18, 2021

Economic Outlook 2021. Fri, 06/18/2021 - 07:00. Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. National Association of Home Builders.

NAHB 98

NAHB Housing Inventory Residential 98

Pro Builder

SEPTEMBER 16, 2021

Could the Fall Season Bring a Cooler Housing Market? Thu, 09/16/2021 - 10:56. August welcomed slower housing price growth and increase in inventory, prepping the cooler fall season for a cooler housing market. Zillow’s August 2021 market report found the typical cost of a home in the U.S. cbroderick.

San Diego 98

San Diego Housing San Francisco Inventory 98

Pro Builder

AUGUST 31, 2021

Why We Won’t See a Housing Market Crash. Tue, 08/31/2021 - 10:34. 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.

Housing 98

Housing Inventory US 98

Pro Builder

DECEMBER 21, 2021

Housing Inventory Slowed by Supply Chain Disruptions. Tue, 12/21/2021 - 10:13. Home construction is peaking, but new inventory may still offer inadequate supply. This is normal for new home purchases, but the extra 70,000 and 150,000 single family homes under construction is excess inventory that will need to be absorbed.

Inventory 59

Inventory Housing Residential Construction 59

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. In fact, from October 2021 to October 2022, mortgage rates doubled in one year for the first time in history.

Housing 98

Housing Inventory 98

Pro Builder

MARCH 29, 2021

10 Cities That Will Dominate Home Construction in 2021. Mon, 03/29/2021 - 10:38. The Realtor.com data team took a look at which parts of the country could get some relief with some brand-new inventory. The Realtor.com data team took a look at which parts of the country could get some relief with some brand-new inventory.

Inventory 98

Inventory Permits Construction Metro 98

Pro Builder

NOVEMBER 5, 2021

Labor Shortage Causing Housing Crisis Across U.S. Fri, 11/05/2021 - 09:46. A lack of skilled construction labor is a major limiting factor in the race to provide greater housing inventory and improve affordability in a tight market. . A skilled labor shortage across the U.S. A skilled labor shortage across the U.S.

Housing 119

Housing NAHB United States Inventory 119

Pro Builder

NOVEMBER 1, 2021

Housing Market. Mon, 11/01/2021 - 10:07. A nationwide supply shortage drove up home prices and market competition throughout 2021, breaking market records and driving away large segments of would-be homebuyers. . The Case-Shiller Index shows home prices jumped from 7% to 19% from September 2020 to June 2021.

Housing 97

Housing Inventory Statistics Income 97

Pro Builder

NOVEMBER 17, 2021

What To Expect From a 2022 Housing Market. Wed, 11/17/2021 - 10:13. Though home prices will continue to rise, they may grow at a slower pace than in 2021 as more potential buyers are priced out and demand weakens. . And the highest median price — $362,800 in June 2021 — was nearly $60,000 over the median price in January 2021.

Housing 98

Housing Forecasting Equity Inventory 98

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

JANUARY 28, 2022

December Housing Inventory Highest Since 2007. Home sales are down year-over-year, but additional inventory could relieve record-high demand. New home sales increased to a seasonally adjusted annual rate of 744 thousand in December 2021, though yearly sales remained 7.3% Fri, 01/28/2022 - 10:23. months from 6.6

Inventory 52

Inventory Housing Construction 52

Pro Builder

NOVEMBER 24, 2021

Local Housing Markets Report Low Inventory in October. Wed, 11/24/2021 - 09:47. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Local housing markets reported low inventory for the month of October, and markets in Jacksonville, Miami, and San Diego even reached record lows.

Inventory 52

Inventory San Diego Housing Jacksonville 52

Pro Builder

MAY 18, 2021

Monthly Housing Inventory Drop Improved Slightly in April. Tue, 05/18/2021 - 09:25. Back in March, there were signs of a possible upturn in inventory for the month of April, yet housing inventory dipped 1.4% Inventory was down 30.3% cbroderick. from March instead. from March instead. Breakneck Growth.

Inventory 52

Inventory Housing San Jose San Francisco 52

Pro Builder

NOVEMBER 15, 2021

National Housing Market Will Remain Hot Into the Winter Season. Mon, 11/15/2021 - 09:37. Though winter is usually a slow time for home sales, the 2021 post-pandemic winter season is expected to be far different, Realtor.com reports. And that overwhelming demand for housing is still going strong today. New-Home Sales.

Housing 98

Housing Inventory Construction 98

Pro Builder

SEPTEMBER 24, 2021

Next Year’s Housing Market Will Be Boring. Fri, 09/24/2021 - 10:42. 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.

Housing 105

Housing NAHB Inventory Bidding 105

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

APRIL 5, 2021

If Home Prices and Inventory Weren’t Enough, Buyers Now Struggle to Get Mortgages. Mon, 04/05/2021 - 08:49. 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. cbroderick. This is a 9% increase from 2019.

Inventory 85

Inventory Finance Office Housing 85

Pro Builder

FEBRUARY 26, 2021

Is the Pandemic Entirely to Blame for Record-Low Housing Inventory? Fri, 02/26/2021 - 09:26. The same can be said for record-low housing inventory. Since the Great Recession and resulting housing bust, builders have constructed fewer homes, especially in relation to the increasing population. cbroderick.

Inventory 59

Inventory Housing New York Products 59

Pro Builder

JUNE 17, 2021

Million More Units to Close Housing Gap. Thu, 06/17/2021 - 10:29. 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. cbroderick. Read More. .

Housing 111

Housing Estimating Inventory Banking 111

Pro Builder

DECEMBER 27, 2021

Low Inventory Slows New Home Sales at the Close of 2021. Mon, 12/27/2021 - 10:19. Though sales of single-family houses are rising on a monthly basis, November 2021 rates were down 14 percent year-over year at a seasonally adjusted annual rate of 744,000, according to the CalculatedRisk Newsletter. This is 12.4

Inventory 52

Inventory Estimating Housing Residential 52

Pro Builder

DECEMBER 6, 2021

Metro Denver Reports Low Housing Inventory in November. Mon, 12/06/2021 - 10:12. Ongoing housing shortages are creating a competitive Denver market. Normally, the inventory of homes for sale drops 11.4% November’s inventory was also a record low for the month, according to the report. Housing Markets.

Denver 52

Denver Inventory Metro Housing 52

Pro Builder

SEPTEMBER 23, 2021

Is Housing Inventory Much Lower Than We Think it is? Thu, 09/23/2021 - 10:58. It seems likely that active inventory is down close to 25% year-over-year, rather than 13.4%. Inventory is very low, and was down 13.4% Inventory is very low, and was down 13.4% months set in December 2020 and January 2021.

Inventory 52

Inventory Housing Comparison Risk 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.

Housing 59

Housing San Francisco Idaho New York 59

Pro Builder

JANUARY 25, 2021

Existing Home Sales Soared in 2020 Despite Record Low Inventory. Mon, 01/25/2021 - 09:54. 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. cbroderick. million units closed.

Inventory 72

Inventory Housing 72

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.

Housing 104

Housing Inventory Residential Design 104

Pro Builder

AUGUST 11, 2021

3 Early Signs the Housing Market Could Normalize Soon. Wed, 08/11/2021 - 09:55. 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.

Housing 98

Housing Inventory Deals Contract 98

Pro Builder

FEBRUARY 6, 2023

If the house is perfect, the odds of someone else wanting it are high, too,” says Geena Peoples, an Austin, TX–based real estate agent with The Juice Group at Compass. Back in 2021, you could list just about anything and there would be a line out the door,” says Peoples.

Housing 98

Housing Austin Inventory Bidding 98

Pro Builder

NOVEMBER 1, 2021

Buyers Lower Expectations After Third Straight Quarter of Low Housing Inventory. Mon, 11/01/2021 - 10:03. 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.

Inventory 52

Inventory Housing 52

Pro Builder

APRIL 23, 2021

Fri, 04/23/2021 - 09:50. 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% Housing market activity dipped 3.7% cbroderick.

Inventory 98

Inventory Housing Contract 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.

Inventory 98

Inventory Forecasting Housing Maine 98

Pro Builder

SEPTEMBER 20, 2021

How Much Longer Will the Housing Market Be Out of Whack? Mon, 09/20/2021 - 11:14. 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

Housing 98

Housing Inventory Bidding Forecasting 98

Pro Builder

JANUARY 25, 2022

NAHB Chairman's Letter: Americans Want Action on Housing Affordability. A recent survey conducted by polling firm Morning Consult on behalf of the National Association of Home Builders shows strong support for policies that would make housing affordable for more Americans. Chuck Fowke, NAHB 2021 Chairman.

NAHB 98

NAHB Housing Regulation Consulting 98