US homes got more expensive to build in 2021 — Quartz
The cost of building materials for new residential constructions went up by a whopping 15% in 2021.
Source: qz.com
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New Home Sales Fell 4.0% Month-Over-Month in December, Zonda Reports
Newport Beach, Calif. (PRWEB) January 24, 2022 -- Today, the experts at Zonda, the housing industry’s foremost advisors, released the New Home Pending Sales
Source: prweb.com
Real Estate's Young Leaders Share 2022 Predictions
Twenty-three of the industry's brightest share thoughts on what's to come in real estate. One common theme: Investment dollars will keep pouring in.
Source: businessinsider.com
Digital, Vendor Mgt., Training Tools; January's Training and Events
Tabrasa’s Patrick H. wishes everyone a Merry New Year! Yes, 2022 is here, with its thousands of cancelled flights due to weather and omicron. Older loan officers tell me that being 20 in the seventies was much more fun than being seventy in the 20s. Things are always changing, although one thing that never changes are independent mortgage bankers who think the market is undervaluing their company. Remember all the doom and gloom predictions for mortgage volume in 2021? They were wrong, and the Mortgage Bankers Association estimates that we did a record $1.61 trillion in purchase loans l...
Source: mortgagenewsdaily.com
Why lumber costs fluctuated drastically during the pandemic, and how it affects inflation
Home prices and rents have gone up this year. That’s in part because of the increase in the cost of lumber. Could the wild swings in the price of wood over the past two years be a sign of inflation continuing to go up? Economics correspondent Paul Solman explores.
Source: pbs.org