How are you wading through all this cool new tech?

In the latest homebuilder confidence survey by NAHB and Wells Fargo, NAHB Chief Economist Robert Dietz noted the impact that shortage may have on homebuyers, and a possible, if complicated, fix.

Was this newsletter forwarded to you? Sign up here. Good afternoon —   A big housing story over the last year has been the chronic shortage of building materials, which has impacted homebuilders and remodelers alike. In the latest homebuilder confidence survey by NAHB and Wells Fargo, NAHB Chief Economist Robert Dietz noted the impact that shortage may have on homebuyers, and a possible, if complicated, fix.   "Builders are getting increasingly concerned about affordability hurdles ahead for most buyers," Dietz said. "Building material price increases and bottlenecks persist and interest rates are expected to rise in coming months as the Fed begins to taper its purchase of U.S. Treasuries and mortgage-backed debt. Policymakers must focus on fixing the broken supply chain. This will spur more construction and help ease upward pressure on home prices."   As HousingWire Lead Analyst Logan Mohtashami outlines in his latest article, homebuilders are highly attuned to market conditions as they consider how many new homes to build. Rising rates are likely to cool off demand, and no one expects rates to stay where they are too much longer. No doubt fixing the supply chain issues will help everyone involved, but can we build our way out of a competitive housing market? Read Mohtashami's take here.   On a totally different front, I'm at MBA Annual and overwhelmed by the incredible tech solutions I'm seeing!! If your fintech company announced a product launch this week, I want to know. I'd like to do a roundup of different kinds of tech, so send me an email at swheeler@housingwire.com and put New tech this week in the subject line. Can't wait to see what is popping!   Until tomorrow —   Sarah Wheeler HousingWire Editor in Chief Experts on how AI makes a difference in the mortgage process    Today's HousingWire Daily features a roundtable discussion on "Humans versus really smart machines" and what the right mix looks like to gain efficiencies in the mortgage loan manufacturing process. Listen now Remine acquired by new MLS joint venture    MLS Technology Holdings, LLC, a joint venture formed by four of the nation's largest MLSs, has acquired real estate technology company Remine Inc. Mortgage Cadence – Focused on Developing the Best LOS Mortgage Cadence has been busy investing in building the best LOS on the market, while the competition focuses on acquiring ancillary service providers as their core technology ages... Learn More! Sponsored by Mortgage Cadence Homebuilders growing very concerned about affordability    Homebuilder confidence continued to rise in October despite increasing affordability issues due to rising material prices and ongoing shortages, according to the latest National Association of Home Builders and Wells Fargo Housing Market Index report. Lenders – now is the time to market yourself   HW Media CEO Clayton Collins and Wyndham Capital Mortgage SVP of Marketing Trey Rigdon discuss why loan officers should take control of their marketing efforts, even in today's seller's market. Presented by Wyndham Capital The Next Wave of Servicing Regulation Is Coming – Are You Ready? With forbearance and foreclosure moratoriums ending, complying with regulations is critical. In this webinar, experts discuss servicing compliance regulations/strategies that leading organizations are implementing to prepare for regulatory audits. Learn More! Sponsored by ACES Quality Management HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039, (469) 893-1480 Manage preferences

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