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. Tue, 01/25/2022 - 20:14. Chuck Fowke, NAHB 2021 Chairman.

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Construction Marketing

JANUARY 6, 2023

To store their goods, supplies, materials, and inventory relevant to their businesses, many business owners look for storage units. All types of business owners, including entrepreneurs of all stripes, frequently require additional room for their inventory. It’s quite difficult to obtain financing when building for business purposes.

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Remodeling Inventory Zoning Travel 260

Pro Builder

NOVEMBER 9, 2020

Biden's Promised Changes to the Housing Market. 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. At this time of advancing home prices and shrinking housing inventory, Realtor.com says this tax credit could help many buyers.

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Housing Discrimination Inventory Income 80

Pro Builder

FEBRUARY 7, 2022

Higher rates will impact affordability, but housing inventory will remain a much higher priority for builders, particularly after month-end active listings reached a historic low of 1,184 from December 2021 to January 2022. Housing Policy + Finance. Housing Policy + Finance. Affordability.

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Finance Inventory Housing Employment 99

Pro Builder

DECEMBER 16, 2022

Prospective homebuyers aren’t the only ones dealing with elevated housing costs and a dearth of new inventory. The ideal environment for fix-and-flip investors is a market with high demand, low inventory, rapidly rising prices, and affordable financing,” says Rick Sharga, ATTOM’s vice president of market intelligence.

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Inventory Profitability Finance Remodeling 98

Pro Builder

OCTOBER 1, 2022

Housing affordability recently took another hit as the 30-year fixed mortgage rate reached 7%, and a growing number of prospective buyers are struggling to stay in the game. But prices, while moderating, remain high in many markets because inventory is still far below prepandemic levels, said Lawrence Yun, the group’s chief economist.

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Inventory New York Housing Finance 98

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.

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Inventory Phoenix Austin Housing 98

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

NOVEMBER 19, 2021

Housing Market Data and Predictions. How mortgage rates are affecting housing inventory. Low housing inventory could continue to drive up prices unless increased mortgage rates slow demand, says Bill McBride in his CalculatedRisk Newsletter. Housing Markets. Fri, 11/19/2021 - 09:17. Market Data + Trends.

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Housing Inventory Finance Sustainability 52

Pro Builder

MARCH 30, 2023

gain was underwhelming compared with the usual run-up to the spring housing market. Still, housing experts say a volatile real estate market may be rounding a corner after contracting at the close of 2022. After nearly a year, the housing sector’s contraction is coming to an end,” he said in a statement Wednesday.

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Contract Inventory Housing Finance 98

Pro Builder

AUGUST 29, 2022

Adjustable-rate mortgages (ARMs) had a hand in the housing downturn that led to the Great Recession, but they won’t do as much damage this time around, experts say. Financing. Lending practices have been reformed after hard lessons learned in 2008. This has all contributed to a more secure mortgage landscape. .

Finance 98

Finance Risk Housing Inventory 98

Pro Builder

APRIL 7, 2023

The one-bedroom apartments, with support services from WellPower, seek to transition homeless individuals back into long-term housing. and financing came from Denver’s Homelessness Resolution Fund, the Colorado Housing & Finance Authority, and the Colorado Division of Housing, The Denver Gazette reports.

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Denver Metro Housing Colorado 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

SEPTEMBER 14, 2022

Housing costs are on the rise, and rather than waiting for yet another barrage of mortgage rate hikes, prospective buyers could benefit from staying ahead of the curve. Not only are borrowing costs rising, but active inventory is steadily declining. Mortgage Rates Are on the Rise, but Now Might Be a Good Time to Buy—Here’s Why.

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Inventory Housing Washington Finance 98

Pro Builder

APRIL 1, 2022

Americans Hindered by Low Housing Affordability Want Action From Policymakers. Over 75% of all Americans are impacted by a lack of affordable housing, and they're growing impatient with seemingly apathetic policymakers. The nation needs more housing and Americans want the federal government to support more new home production.

Housing 52

Housing Finance NAHB Inventory 52

Pro Builder

MAY 9, 2022

How Employer-Assisted Housing Programs Are Paving a Path to Homeownership. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases. Housing Policy + Finance. Housing Policy + Finance. Mon, 05/09/2022 - 10:26. New-Home Sales. Human Resources.

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Employment Housing Equity Finance 52

Pro Builder

APRIL 26, 2021

Is the Housing Market in a Bubble? Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory. Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory.

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Housing Inventory Income Debt 52

Pro Builder

NOVEMBER 14, 2022

New Listings, House Prices Fall in November as Buyers Back Off. Despite decreased activity from home sellers, total housing inventory is up 8.5% It is likely we will see a sharp increase in completed inventory over the next several months - and that will put pressure on new home prices. . Mon, 11/14/2022 - 10:30.

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Housing Inventory Finance Construction 52

Pro Builder

DECEMBER 15, 2020

President-elect Joe Biden’s proposed tax credit for first time homebuyers aims to assist with an initial down payment, but brings with it the possibility of stretching the housing market even thinner. Inventory remains at a historic low and the overall market continues to feel the effects as home prices increase more than 15%.

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Washington Finance Inventory Housing 76

Pro Builder

FEBRUARY 3, 2023

Mortgage Rates Are Falling—Does That Mean the Housing Market Is Weakening? housing market inched closer to a recession. New and existing sales fell at their fastest pace since 2006, inventory fell in popular markets, and home prices began to drop from unsustainable highs reached during the pandemic. Let's be clear: The U.S.

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Housing Inventory Finance 52

Pro Builder

MARCH 28, 2022

Why Elevated Mortgage Rates Could Be the Housing Market’s Biggest Threat Yet. After two years of record-breaking price gains, supply chain disruptions, shortages, and heightened competition, a recent spike in mortgage rates could pose the biggest challenge yet for a supercharged housing market. Housing Policy + Finance.

Housing 52

Housing Inventory Income Finance 52

Pro Builder

AUGUST 4, 2021

This phenomenon is largely a result of dealers’ inventory carrying costs and potentially significant differences between the price at which inventory is bought and sold. The disconnect is inherent to the lumber supply chain. In economics jargon, the “street” prices paid by builders are “sticky.” For more, visit nahb.org.

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NAHB Remodeling Inventory Income 98

Pro Builder

APRIL 11, 2023

Read more Financing Affordability Market Data + Trends Financing The 2022 deficit represents a 113% decrease from the previous year's average income of $2,339 per mortgage. The stellar profits of the previous two years dissipated because of the confluence of declining volume, lower revenues, and higher costs per loan."

Banking 52

Banking Profitability Finance Inventory 52

Pro Builder

JUNE 1, 2021

The Fastest and Slowest Moving Housing Markets Right Now. It is suggested buyers prepare to move quickly, says Realtor.com, by having finances lined up, gaining neighborhood knowledge, and sticking to the upper limit of their budgets. Housing Markets. Housing Markets. cbroderick. Tue, 06/01/2021 - 10:35. Read More. .

Housing 52

Housing Metro Utah Arizona 52

Pro Builder

DECEMBER 1, 2021

The Case-Shiller House Price Index shows month-over-month price deceleration on a seasonally adjusted basis, suggesting that the market is slowing despite a continuation of record high prices. According to Bill McBride’s CalculatedRisk Newsletter, the Federal Housing Finance Agency is reporting an 18.5 Housing Markets.

Inventory 52

Inventory Housing Finance Environment 52

Pro Builder

MAY 6, 2023

million new hires over the next three years to keep pace with growth in housing demand and attrition within its labor force. Estate Gift NAHB’s National Housing Endowment (NHE), meanwhile, recently announced a $3 million gift from the estate of Herbert V. The inventory of new single-family homes fell 9.5% former Kohler Co.

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NAHB Puerto Rico Foundation Construction 95

Pro Builder

MARCH 27, 2023

The rental market also faces a widening supply shortage that is contributing to higher prices, and because rent control could force housing providers to absorb essential maintenance costs and reduce investments in improvements, many would ultimately consider selling their assets.

Finance 52

Finance Housing Inventory Regulation 52

Pro Builder

MARCH 24, 2021

For housing inventory to meet demand, which would mean a six month supply, an additional 2.7 Every buyer, every REALTOR® helping a buyer, and anyone following the housing market knows that there are simply not enough homes that are being sold on the market nor being constructed to meet the demand for owned or rented housing.

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South Dakota North Dakota Inventory Montana 52

Pro Builder

APRIL 28, 2022

The Innovative Housing Incentive Program seeks create more affordable housing across Colorado with the help of modular homes manufacturers. . The latest measure comes in response to a statewide housing shortage that caused the prices of homes in mountain towns to double in just the last two years. Housing Policy + Finance.

Colorado 52

Colorado Finance Housing Innovation 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 . Housing Policy + Finance. Financing. Given this intended policy stance, a hard landing with a mild economic recession is, in our view, highly likely.

Finance 52

Finance DOT NAHB Housing 52

Pro Builder

MAY 4, 2023

The Liv-Connected team, spearheaded by Dr. Herb Rogove, co-founder and CEO of Liv-Connected, spent three years researching and developing new housing technologies with medical integrations. In traditional homebuilding, they would then have to move to a bigger house when their family expands, or when aging parents join the household.

Housing 98

Housing Site Inventory Zoning 98

Pro Builder

MARCH 8, 2023

That uptick in borrowing costs comes along with a drop in available inventory, meaning home prices will also remain high as the housing market heats up during a seasonal shift. Read more Financing Housing Policy + Finance Housing Policy + Finance range during the spring market.

Finance 52

Finance Bidding Inventory Housing 52

Pro Builder

NOVEMBER 1, 2022

With fewer homes entering the for-sale market, existing for-sale inventory represents a larger share of overall inventory, leaving Days on Zillow to naturally increase as these for-sale listings age. Housing Markets. Housing Policy + Finance. Housing Markets.

Inventory 52

Inventory Housing Finance 52

Pro Builder

DECEMBER 15, 2021

Instead, Clark Ivory reassumed his CEO duties and set a bold, uncharted course to diversify the company’s successful semi-custom, move-up home legacy to include affordable housing for an increasing underserved segment of buyers. Design Within Reach—Exploring Attainable Housing Options. See past Builder of the Year winners. and Outward.

Innovation 122

Innovation Utah Housing Products 122

Pro Builder

JUNE 8, 2023

Mortgage Purchase Applications Slow, Even as Rates Fall ldeakins Thu, 06/08/2023 - 08:52 Mortgage rates dropped by one-tenth of a percentage point at the start of June, but that gradual improvement in housing affordability wasn't enough to lure buyers back to the for-sale market For the week ending June 2, mortgage applications fell 1.4%

Inventory 52

Inventory Finance Environment Housing 52

Pro Builder

JANUARY 18, 2023

Interest rates are down to their lowest level since September, and that slight improvement in housing affordability is motivating buyers to make a hasty return to the for-sale market. The market, however, is not seeing any surge in inventory. Financing. As Interest Rates Fall, Mortgage Demand Jumps 28% In One Week.

Inventory 52

Inventory Finance Contract Housing 52

Pro Builder

SEPTEMBER 20, 2022

as homeowners refuse to sacrifice their low interest rates for new homes with more expensive housing costs. Homeowners across the country are becoming increasingly hesitant to list their homes if it means giving up their low mortgage rates and taking on a more costly monthly housing bill. . Financing. Tue, 09/20/2022 - 10:13.

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Los Angeles Finance Atlanta Inventory 52