#housingsupply

[kmrealtygroup]

Explaining Today's Low Housing Supply

Navigating the Chicago real estate market and puzzled by the low housing supply? Let KM Realty Group LLC guide you through the complexities.

Check out our infographic to uncover the key factors and the potential opportunities.

[binimom]

House prices in 2030

A storm is brewing in the bustling city-state of Singapore. Generation 2030, a group of young people in their 20s and 30s, are struggling to keep up with skyrocketing home prices that seem to defy all logic and government intervention. Despite the government's best efforts to stabilize housing, such as the Comprehensive Housing Plan, the market remains red-hot, and the dream of homeownership is gradually fading away for young Singaporeans.

House prices are skyrocketing and why

Central banks around the world have kept interest rates low to spur economic growth since the global financial crisis and the COVID-19 pandemic. This strategy has increased borrowing capacity for homebuyers and spurred demand from investors seeking better returns, ultimately driving up home prices. Another important factor in skyrocketing home prices is the limited supply of housing. In many urban centers, there is a shortage of housing due to a lack of available land for new residential development. This problem is exacerbated by strict zoning regulations, lengthy permitting processes, and rising construction costs. The imbalance between supply and demand naturally drives up prices.Foreign investment in real estate has been another important contributor to soaring home prices. Wealthy investors from countries like China have been buying real estate in cities around the world, often seeing them as safe havens for their capital. This increased demand from foreign buyers has added to the upward pressure on home prices. Skyrocketing home prices have a number of impacts on society. Decreased affordability: As home prices continue to rise, it is becoming increasingly difficult for individuals, especially younger generations, to purchase their own homes. Generational wealth gap: Rising home prices contribute to a generational wealth gap. Socioeconomic disparities: Rising home prices can exacerbate socioeconomic disparities within cities, as wealthier individuals can afford to live in increasingly expensive neighborhoods, while lower-income individuals are pushed into cheaper, less desirable areas.

[naplesgolfguy]

Homebuilder sentiment bounces back despite ongoing supply chain problems. Builder confidence in the single-family home🏡 construction market rose 4 points to 80 in October on the National Association of Home Builders/Wells Fargo Housing Market Index.

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[webbrealestateteamga]

🏘 Here’s some great news for first-time buyers: more options are coming to market. Last month, we saw a jump in the number of listings for entry-level homes. Contact us today so we can explore all the latest options together to find your first home! #housingsupply #firsttimehomebuyer #homeownership #opportunity #housingmarket #househunting #homebuying #makememove #homegoals #houseshopping #housingmarketupdates #webbrealestateteam #drakerealty INFO@webbrealestateteam.com / 678.445.7369 www.WebbRealEstateTeamGA.com 🇺🇸🔑 (at North Atlanta, Georgia) https://www.instagram.com/p/CT4zX60gSmW/?utm_medium=tumblr

[brookeshelteredhousing-blog]

Homes for NHS workers… Possibly? Maybe? Perhaps? | Shelter blog

Today saw the release of the English Housing Survey (EHS) – the most important source we have for understanding the housing crisis. This government survey collects details on the quality and conditions of the homes households live in. This includes the cost and affordability of those homes. As the survey has been running for 50 years (in various forms), it’s an invaluable record of how the situation of English households has changed over time. Home ownership down An Englishman’s home … MORE... #Housing #Campaigns #HomeOwnership #EnglishHousingSurvey

http://blog.shelter.org.uk/2018/01/the-english-housing-survey/ Local viability policy part 1: ‘We are pushing the system as hard as we can, but it’s a rigged system.’ Those are the words of Bristol City Council’s cabinet member for housing, Paul Smith, describing his city’s battle against the viability loophole. In 2017, we showed how viability assessments are depriving local communities of the homes they need – with 2,500 affordable homes lost in just one year across just eleven councils. http://blog.shelter.org.uk/wp-content/uploads/2017/11/OBR-2048_NCH_Viability_animation-FINAL.mp4   Since then, the idea that developers need to cut affordable homes from schemes to make them profitable has become even less credible. The top developers … MORE... #Planning #Viability #AffordableHousing #LocalAuthorities #Supply http://blog.shelter.org.uk/2018/01/local-viability-policy-part-1-we-are-pushing-the-system-as-hard-as-we-can-but-its-a-rigged-system/ Local viability policy part 2: What should councils be doing about the viability loophole? Part one of this blog looked at the councils getting tough on viability assessments. Faced with acute shortages of affordable housing, councils like Bristol City are pulling out all the stops to strengthen their position in Section 106 negotiations with developers. But the development of local policy to limit the damage being done by viability assessments is still in its early stages. Urban councils in areas of high housing demand in the south of England have been much more likely … MORE... #LocalAuthorities #Viability #HousingSupply #Planning #Campaigns http://blog.shelter.org.uk/2018/01/local-viability-policy-part-2-what-should-councils-be-doing-about-the-viability-loophole/ Homes for NHS workers… Possibly? Maybe? Perhaps? Last year, the Department for Health commissioned Sir Robert Naylor to produce an independent report into NHS property – including how to make best use of its land. The resulting report flew under the radar of all but the most diligent, but it contained some incredibly interesting insights into what could happen to NHS land. On 30 January, the government accepted the majority of Naylor’s recommendations. This includes utilising surplus NHS land to make a financial contribution to estate improvement. … MORE... #NaylorReview #LandValue #Affordability #KeyWorkers #Campaigns http://blog.shelter.org.uk/2018/01/homes-for-nhs-workers-possibly-maybe-perhaps/

[justinsimmonsbronxhomes]

We only have 2.5 months of housing supply. If you are thinking of taking advantage of the market to get TOP DOLLAR for your home, now is THE TIME.

#therealonrealestate #supplyanddemand

#housingsupply

#lowinventory #lesscompetition #topdollar #equitygain #bigmoney #dreamhome #upgrade #upsize #familyhome #generationalwealth #bronxrealestateagent #bronxhomes #connecticutrealestateagent #connecticutrealestate #houseandhome #getyourmoneysworth #bronxagent #realestateprofessional #markettiming #movingonup #downsizing #retirement #retiringsoon #emptynestsyndrome #westchesterrealestatemarket #rocklandhomes #mountvernonhomes

[mariewaltonrealtor]

U.S. Buyers Face Significant Inventory Shortages A lack of supply has led to heated market conditions, as median listing prices last week grew at a record 11.1% year-over-year, according to realtor.com U.S. Buyers Face Significant Inventory Shortages #mariesellsdallas #housingsupply #realestatenews

[ansonpropertiesrealestate]

#HousingSupply Not Keeping Up with Population Increase http://bit.ly/2NwkfWi #StephanieAnson #countryliferealtor #FreeHomeValueReport #GainesvilleRealtor #HousingDemand #NewHomes #FloridaRealEstate — view on Instagram https://ift.tt/2MQxW2V

[naplesgolfguy]

Buying a Fixer-Upper? Some Raw Materials May Be Hard to Find! If you're planning to fix up an existing home, you will likely face the same challenges new-home builders do: Expensive or hard-to-find items, such as appliances or lumber.

Despite the supply chain challenges, buying a fixer up can be a great investment. Depending on the community you are interested in buying, the homes could be on the older side and your only option might be to jump in and take on a renovation project.

Just keep in mind, the project will probably take longer than usual.

Whether you're looking for a fixer-upper or a new home in Naples, let's connect to discuss your options. Call or text - 239-370-0892.

Naples Golf Guy | Matt Klinowski P.A. | Downing Frye Realty

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[webbrealestateteamga]

🏘 As housing supply improves, homebuyers will have more options. While we’re still in a serious sellers’ market, any increase in supply in our market means your house may not get as much attention from buyers. Contact us today so we can sell your house now while market conditions are still in your greatest favor! #sellersmarket #sellnow #sellyourhouse #housingsupply #housinginventory #expertanswers #stayinformed #staycurrent #powerfuldecisions #confidentdecisions #realestate #homevalues #realestatetipsandadvice #webbrealestateteam #drakerealty INFO@webbrealestateteam.com / 678-445-7369 www.WebbRealEstateTeamGA.com 🔑 (at The Webb Real Estate Team) https://www.instagram.com/p/CQ3oFEiLeug/?utm_medium=tumblr

[brookeshelteredhousing-blog]

The high cost of viability assessments: 2,500 affordable homes lost in just one year | Shelter blog

Learning the lessons from Grenfell The tragedy at Grenfell Tower four months ago shocked the country and threw the country’s relationship with social housing into sharp relief. Since the fire we’ve been supporting and campaigning for the rights of survivors, and for wider changes in social housing. As part of beginning to understand what these changes look like and how wide reaching they need to be, we hosted a panel event this week. This event gave Mahboubeh Jamalbatan, who lived in Grenfell Tower and who … MORE... #Campaigns

http://blog.shelter.org.uk/2017/10/learning-the-lessons-from-grenfell/ So, what’s the latest on the Letting Fees ban? Shelter has campaigned since 2013 to ban letting agent fees – launching our ‘Letting Away With It’ campaign which quickly received 13,000 signatures of support from people all across the country. We even produced a video highlighting just how ridiculous the fees are within the context of buying a coffee – you wouldn’t pay for fees like ‘receipt printing’ and ‘water renewal’ at a café, so why should you pay for similar charges when renting? With the announcement of the … MORE... #Campaigns #LettingAgents http://blog.shelter.org.uk/2017/10/so-whats-the-latest-on-the-letting-fees-ban/ DWP’s wilful ignorance over the impact of local housing allowance Yesterday’s confirmation that Local Housing Allowance (LHA) rates will not be applied to social housing was a welcome U-turn by the government. However, while it avoids creating new problems it doesn’t address the pre-existing concerns around LHA for private tenants. Despite rising rents, LHA rate are frozen until 2020. This will put more than one million households at risk of homelessness by 2020. This is the number who will live in a local authority area where LHA rates – the … MORE... #Campaigns http://blog.shelter.org.uk/2017/10/dwps-wilful-ignorance-over-the-impact-of-local-housing-allowance/ The high cost of viability assessments: 2,500 affordable homes lost in just one year Over the last year, we’ve blogged many times about viability assessments, their role in cutting affordable homes, and the lack of transparency around how developers use them. New research from Shelter shines a light on just how much damage this legal loophole is doing. Eleven councils covering nine English cities lost 2,500 affordable homes in just one year on schemes where developers used viability assessments. That’s equivalent to a 79% cut in desperately needed affordable homes to … MORE... #AffordableHomes #Campaigns #HousingSupply #AffordableHousing #Viability http://blog.shelter.org.uk/2017/11/the-high-cost-of-viability-assessments-2500-affordable-homes-lost-in-just-one-year/

[mariewaltonrealtor]

Mortgage Rates Hit Three-Year Low; Housing Inventory Bottoms Out

Mortgage Rates Hit Three-Year Low; Housing Inventory Bottoms Out

Mortgage Rates Hit Three-Year Low; Housing Inventory Bottoms Out

“The combination of very low mortgage rates, a strong economy and more positive financial market sentiment all point to home purchase demand continuing to rise over the next few months,

#mortgagerates #housingsupply #realestatenews

[ansonpropertiesrealestate]

#HousingSupply Not Keeping Up with Population Increase http://bit.ly/2NwkfWi #StephanieAnson #countryliferealtor #FreeHomeValueReport #GainesvilleRealtor #HousingDemand #NewHomes #FloridaRealEstate

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[naplesgolfguy]

Supply and Demand, What Does it Tell Us about the Real Estate Market? Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. The truth is, high demand and low supply are what’s driving up home prices in today’s housing market. And while prices may increase at a slower pace in the coming months, experts still expect them to rise. If you’re a potential homebuyer, let’s connect today to discuss what that could mean for you if you wait even longer to buy in Southwest Florida - 239-370-0892.

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