Local homebuilding increases, but not enough
Local homebuilding increases, but not enough
Abstract
Homebuilding, both single-family and multifamily, hit highs last year not seen in more than a decade
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The good news: Homebuilding, both single-family and multifamily, hit highs last year locally not seen in more than a decade. But there's also bad news.
The good news: Homebuilding, both single-family and multifamily, hit highs last year locally not seen in more than a decade. But there's also bad news.
Mortgage rates trended down in July from their peak above 6% in June, but that wasn't enough to spur mortgage lending activity.
The post Mortgage rates drop but not low enough to spur lendingΒ appeared first on HousingWire.
Mortgage rates trended down in July from their peak above 6% in June, but that wasn't enough to spur mortgage lending activity.
The post Mortgage rates drop but not low enough to spur lendingΒ appeared first on HousingWire.
Initially, the lender said that it planned on a total of 15 mortgage professionals in San Antonio by the end of 2022. However, it has expanded that goal to about two dozen.
Initially, the lender said that it planned on a total of 15 mortgage professionals in San Antonio by the end of 2022. However, it has expanded that goal to about two dozen.
The number of single-family home building permits pulled in metropolitan Milwaukee and in southeast Wisconsin in the first quarter of 2022 was down 15% and 17%, respectively, compared with the first quarter of 2021, according to data released recently from the Wisconsin Builders Association (WBA).
The number of single-family home building permits pulled in metropolitan Milwaukee and in southeast Wisconsin in the first quarter of 2022 was down 15% and 17%, respectively, compared with the first quarter of 2021, according to data released recently from the Wisconsin Builders Association (WBA).
For weeks on end, it's been "sell first and ask questions later" for the bond market.Β Any econ data that's been at least halfway decent has been at risk of prompting additional selling.Β Last month's jobs report was particularly problematic and that placed extra emphasis on today's report.Β While it was modestly stronger than expected at the headline level, wages declined sharply and unemployment ticked up as more workers entered the workforce.Β Bonds could have taken this report either way...
For weeks on end, it's been "sell first and ask questions later" for the bond market.Β Any econ data that's been at least halfway decent has been at risk of prompting additional selling.Β Last month's jobs report was particularly problematic and that placed extra emphasis on today's report.Β While it was modestly stronger than expected at the headline level, wages declined sharply and unemployment ticked up as more workers entered the workforce.Β Bonds could have taken this report either way...
When Hensel Phelps chief innovation officer Thai Nguyen discusses the use of technology to improve jobsite safety with workers, heβs always careful to emphasize why itβs important and specifically what is being monitored. βWe really reassure them that the monitoring is only taking place at workβthat when they punch out and go home, thatβs their world, their privacy,β he says. βBut when theyβre on a jobsite, thereβs a lot of value in that type of data being collected and underst...
When Hensel Phelps chief innovation officer Thai Nguyen discusses the use of technology to improve jobsite safety with workers, heβs always careful to emphasize why itβs important and specifically what is being monitored. βWe really reassure them that the monitoring is only taking place at workβthat when they punch out and go home, thatβs their world, their privacy,β he says. βBut when theyβre on a jobsite, thereβs a lot of value in that type of data being collected and underst...
Rents, House Prices Fall, But Not Taxes
By Admin
Thursday, July 7, 2022
The real estate market seems to be following the stock market down. Yet, neither income or property taxes seem to be going down for Long Islanders. With this in mind, what are the best money and housing moves to make now?
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In the first few months of 2022 home asking prices in some US cities had already fallen by as much as 20%. Yet, investors kept paying over market value premiums to scoop up renta...
Rents, House Prices Fall, But Not Taxes
By Admin
Thursday, July 7, 2022
The real estate market seems to be following the stock market down. Yet, neither income or property taxes seem to be going down for Long Islanders. With this in mind, what are the best money and housing moves to make now?
Β
In the first few months of 2022 home asking prices in some US cities had already fallen by as much as 20%. Yet, investors kept paying over market value premiums to scoop up renta...
Yesterday, we surmised that the absence of new rally momentum meant rates weren't yet ready to confirm a major ceiling without digesting a bit more data as well as next week's Fed announcement.Β While Friday's PCE inflation is this week's headline of choice, today's GDP wasn't far behind.Β The results were mixed depending on how you want to view them.Β Most of the data was upbeat, but steep declines in exports/imports and inventories took the headline into negative territory.Β That was worth...
Yesterday, we surmised that the absence of new rally momentum meant rates weren't yet ready to confirm a major ceiling without digesting a bit more data as well as next week's Fed announcement.Β While Friday's PCE inflation is this week's headline of choice, today's GDP wasn't far behind.Β The results were mixed depending on how you want to view them.Β Most of the data was upbeat, but steep declines in exports/imports and inventories took the headline into negative territory.Β That was worth...
With three-fourths of 2022 in the books, building permits and home construction starts have fallen steeply across North Texas β especially in suburbs north of Dallas that laid the foundation for the regionβs residential boom over the last few years.
With three-fourths of 2022 in the books, building permits and home construction starts have fallen steeply across North Texas β especially in suburbs north of Dallas that laid the foundation for the regionβs residential boom over the last few years.
Financial independence isnβt for everyone. That comes as a surprise for most of us within the personal finance community. Whether we like it or not, the βsave, invest, and grindβ [β¦]
Financial independence isnβt for everyone. That comes as a surprise for most of us within the personal finance community. Whether we like it or not, the βsave, invest, and grindβ [β¦]