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Lennar execs confident building boom will not end soon Jun. 17th 2021
With uncertain delivery of materials and high demand, Lennar is “Choosing to sell homes later in the construction cycle to increase margins,” said co-CEO Rick Beckwitt The post Lennar execs confident building boom will not end soon appeared first on HousingWire.New home sales fall due to low inventory and high prices Jun. 17th 2021
Mortgage applications for new home sales fell 9% month-over-month in May at a seasonally unadjusted pace ― the second consecutive month sales of new homes have dropped, according to Thursday data from the Mortgage Bankers Association. The post New home sales fall due to low inventory and high prices appeared first on HousingWire.RealTrends 1000: 50% increase in transaction sides in ’20 Jun. 11th 2021
No surprise, big growth is the theme of 2020, with RealTrends + Tom Ferry The Thousand and America's Best Real Estate Professionals showing huge boosts in transactions sides and volume, yet productivity has not increased year to year (2019-2020). The post RealTrends 1000: 50% increase in transaction sides in ’20 appeared first on HousingWire.Why we can’t build our way out of this hot housing market Jun. 07th 2021
Even though we will have steady demand going forward for the next several years, the housing market will not see the construction boom so many have hoped for. HW+ Premium Content The post Why we can’t build our way out of this hot housing market appeared first on HousingWire.Homebuyers are growing weary of the housing market Jun. 07th 2021
Homebuyers are feeling pretty discouraged these days. Just 35% of consumers believe now is a good time to buy a house, according to Fannie Mae's latest survey. The post Homebuyers are growing weary of the housing market appeared first on HousingWire.Regardless of price, Austin homes still flying off the market Jun. 04th 2021
This year, 1,440 Austin homes have already sold for between $100,000 and $299,999 above asking price, per a recent Redfin study. The post Regardless of price, Austin homes still flying off the market appeared first on HousingWire.Should you buy a home in a super-hot housing market? Jun. 01st 2021
One question I get a lot is whether this is a good time to buy. Should you wait until the market cools down or pull the trigger before housing prices increase even more? This is both the easiest and hardest question to answer. HW+ Premium Content The post Should you buy a home in a super-hot housing market? appeared first on HousingWire.Low inventory stifles April’s pending home sales May. 27th 2021
Like new and existing sales, pending home sales felt the strain of exhausted home inventory in April ― dropping 4.4% from the previous month, according to NAR. The post Low inventory stifles April’s pending home sales appeared first on HousingWire.New home sales trigger concern over lumber prices May. 25th 2021
With this new home sales report, the three-month average is up to 4.23 months. I know it might not seem like much of a move, but, trust me you want to keep an eye out on this data line. HW+ Premium Content The post New home sales trigger concern over lumber prices appeared first on HousingWire.Building material prices take their toll on new home sales May. 25th 2021
While homebuilders grapple with supply constraints, demand has yet to be met. April's new home sales are nearly double that of April 2020's estimate of 582,000. The post Building material prices take their toll on new home sales appeared first on HousingWire.
