Housing Wire

JULY 19, 2024

“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.” This could make the overall cost to entry — which is already low — more digestible.

Construction 488

Construction Finance Development Marketing 488

Housing Wire

OCTOBER 21, 2024

Developers continue to build in these areas with few obvious signs of slowing, the story said. “La Since 2019, the state of Florida has built more than 77,000 new properties in areas with a high risk of flooding. Homes built in high-risk flood zones contribute significantly to the total. A lot of times that’s not happening right now.”

Construction 497

Construction Development Finance Mortgages 497

Housing Wire

JANUARY 14, 2025

The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. ” Nikol Solares Solares brings 20 years of experience in luxury development, new construction sales and marketing to her new role. .” Adam Vellano was promoted to managing director of the South Florida market.

Brokerage 368

Brokerage Development New Construction Agents 368

Housing Wire

JANUARY 9, 2025

Michael Nourmand, president of Beverly Hills-based Nourmand & Associates Realtors , said in an interview Wednesday with HousingWire that safety is the top priority. This law applies to those who sell food, emergency supplies, medical supplies, building materials, and gasoline. But those on the scene have already witnessed price gouging.

Marketing 500

Marketing Lending Land Residential 500

Housing Wire

AUGUST 29, 2024

Urbanization is rapidly transforming cities worldwide. By 2050, it is projected that 90% of the U.S. population will reside in urban areas, signifying a monumental shift towards city living. As cities become denser, the challenge of providing sufficient, affordable housing becomes more acute. rose 37.5%.

Development 459

Development Renovation New Construction Land 459

Housing Wire

SEPTEMBER 16, 2024

This can create much confusion when developing and maintaining an emergency response plan. Develop and test plans Office buildings are mandated to develop emergency preparedness plans and conduct evacuation drills. Watery catastrophes have become far more and condo flooding is on the rise. Good disaster response is no different.

Property Management 468

Property Management Residential Development As-is 468

Housing Wire

AUGUST 19, 2024

Those areas that I’m now developing I grew up in. I remember what it’s like to have slumlords,” said Jermaine Morgan, a Columbus, Georgia-based local community developer who purchases distressed property at auction. “I Collectively, local community developers like Jermaine significantly impact neighborhood stabilization nationwide.

Renovation 476

Renovation Development Investor Finance 476

Housing Wire

JANUARY 16, 2025

On Twitter today, the Minneapolis Fed tweeted out a quote from one of their recent articles : “9th District apartment construction is expected to slow down soon as number of construction permits sought by developers fall. It’s not booming. It’s not falling.” ” message.

Mortgages 493

Mortgages Residential Construction Marketing 493

Housing Wire

OCTOBER 24, 2024

Weaker demand from the local community developers buying at auction suggests continued weakness in the retail housing market into early 2025 given that those local community developers are anticipating retail market conditions about six months into the future,” Daren Blomquist, vice president of market economics at Auction.com, said in a statement.

Marketing 482

Marketing Banks Development Mortgages 482

Housing Wire

JANUARY 16, 2025

Using growth indicators that measure upcoming construction and development, southern metros take eight spots in the top 10 list. in builder/developer land, 4% in recent build and 1.1% Southern housing markets have dominated growth lists over the last few years, and a report by CoreLogic today shows Southern markets are still hot.

New Construction 370

New Construction Marketing Land Construction 370

Housing Wire

AUGUST 28, 2024

Understanding the overwhelming preference that older Americans have to age in place, Weakley spearheaded the design and development of the Interactive Care (I-Care) platform. You never not worry,” Weakley, a researcher at the University of California at Davis, told the university in a news story that highlights her work. “As

Technology 435

Technology Design Development As-is 435

Housing Wire

NOVEMBER 11, 2024

While state-level ADU policies take aim at local rules that hamper ADU development, there’s still work to be done. Colorado’s HB24-1152 and Arizona’s SB 1415 followed the main tenets of what’s become a standard approach to stoking ADU development. That’s because impact fees can add up to more than enough to stifle ADU development.

Development 448

Development Land As-is Design 448

Housing Wire

OCTOBER 27, 2024

It prevents the development of a skilled workforce that can adapt to new technologies and market conditions. Employee input and engagement are crucial during the development and implementation phases. Change Management Develop robust strategies to manage the human side of technological change. Is technology the problem?

Technology 447

Technology Industrial Mortgages Development 447

Housing Wire

JANUARY 7, 2025

Ohio is projected to experience statewide population declines in 74 of 88 counties over the next 25 years, according to the Ohio Department of Development. Detroit Mayor Mike Duggan has expressed intentions to invest in the city’s housing development efforts for years to come. Detroit follows close behind at 52.9%

Development 418

Development Banks Closing Mortgages 418

Housing Wire

DECEMBER 23, 2024

Census Bureau and the Department of Housing and Urban Development. New home sales grew over last month in the latest Census report , but homebuilders are now facing a supply issue their inventory is building up. This is the reason why housing starts are at recession levels today. This situation poses a risk to construction labor in 2025.

Residential 525

Residential Construction Sales Mortgages 525

Housing Wire

APRIL 8, 2024

Hidden homeless Chris Potterpin is president of development at Michigan-based PK Companies LLC, which develops, owns, and manages some 5,200 units of affordable and market-rate housing throughout the Midwest, Texas, and California. million people live in what Freddie Mac defines as “persistent poverty” counties.

New Construction 511

New Construction Finance Construction Mortgages 511

Housing Wire

JANUARY 10, 2025

The company is actively monitoring the still developing situation, and will assess further steps once the extent of the impact is known, Smith added. Our thoughts are with our members, their staffs, their families and their customers who may have been impacted by the horrific fires in Southern California, the association said. Please be safe.

Industrial 395

Industrial Mortgages Loans Finance 395

Housing Wire

AUGUST 20, 2024

Understanding the forces creating the market is indispensable for lenders, real estate professionals, developers, and investors. HW: Can you elaborate on the current supply and demand imbalance in the multifamily sector and its challenges for investors and developers? We have largely moved past that now.

Marketing 448

Marketing Investor Lending Development 448

Housing Wire

JULY 1, 2024

On Friday, the Anthony Lamacchia -helmed firm announced that Atallah had recently joined Lamacchia Realty as its new senior vice president of business development. Prior to joining Lamacchia Realty, Atallah served as senior vice president of sales, development and M&A at Anywhere since May 2023.

Brokerage 448

Brokerage Development Sales As-is 448

Housing Wire

JANUARY 7, 2025

Department of Housing and Urban Development (HUD) on Tuesday announced the allocation of nearly $12 billion in Community Development Block Grant-Disaster Recovery (CDBG-DR) funds for communities across 24 U.S. states and territories. Josh Stein will aim to support recovery efforts from several recent disasters.

Development 390

Development Design As-is Mortgages 390

Housing Wire

NOVEMBER 19, 2024

A lower Fed funds rate can assist with land purchases and apartment construction, but that process would take considerable time before we see any development. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate (mortgage rates) should be higher. percent (±11.6 percent (±9.0

Construction 539

Construction Mortgages Land Sales 539

Housing Wire

JANUARY 13, 2025

Department of Housing and Urban Development (HUD). Cyndi Danko, Fannie Maes senior vice president and chief credit officer of single-family, added that the company is continuing to monitor developments related to the wildfires and urges impacted homeowners to immediately contact their loan servicer.

Mortgages 397

Mortgages Development Loans Design 397

Housing Wire

OCTOBER 1, 2024

The trade group said that its immediate focus is to “develop a comprehensive strategy for its approach to all existing litigation and begin an assessment of any additional risk the association has based on current policies and rules.” CEO Nykia Wright informed NAR members of the news in an email sent Tuesday and obtained by HousingWire.

Development 482

Development Industrial As-is 482

Housing Wire

OCTOBER 2, 2024

Zoning in America was developed and designed for racial segregation,” Dworkin told USA Today. Milton residents, however, contend that it’s not affordable housing they’re standing against as much as the scale of the proposed development and its unknown impact on the community. This is not a subtle tool.” I welcome it, I love to see it.

Construction 434

Construction Development Design As-is 434

Housing Wire

DECEMBER 5, 2024

Step 4: Develop a recruitment and retention strategy Attracting and retaining top talent is critical to scaling your team. Offer training, mentorship, and career development plans to support long-term success. Action plan: Develop client-centric processes that make transactions seamless and stress-free.

Development 370

Development Technology Closing Agents 370

Housing Wire

NOVEMBER 25, 2024

These include six “Develop the Developer” academies from Freddie Mac, with the goal to better address the capacity for housing development in rural areas. And Fannie Mae “will focus on enabling rural Community Development Financial Institutions to access secondary markets,” the FHFA explained.

Development 448

Development Finance Design Mortgages 448

Housing Wire

JULY 31, 2024

Department of Housing and Urban Development (HUD) visited the University of Alaska at Fairbanks to tout the possibilities that 3D printing technology could bring to the construction of affordable housing in the U.S. Following a $600,000 research grant to the city of Nome, Alaska , that was issued last year, senior officials at the U.S.

Construction 459

Construction Technology Principal Development 459

Housing Wire

OCTOBER 16, 2024

Dubbed “HMBS 2.0,” the forthcoming program’s development was initially announced early this year before Ginnie Mae released a more detailed term sheet over the summer. Dubbed “HMBS 2.0,” the forthcoming program’s development was initially announced early this year before Ginnie Mae released a more detailed term sheet over the summer.

Development 448

Development Industrial Equity Land 448

Housing Wire

AUGUST 26, 2024

This rise reflects a growing trend among developers to construct homes specifically for the rental market, catering to those who desire the benefits of single-family living but might not have the means, or desire, to purchase. Build-to-rent developments aren’t the only response to this increase in single-family rental demand.

Marketing 459

Marketing Investor Construction Development 459

Housing Wire

JANUARY 8, 2025

Most people didnt notice this growing lock-in effect as it was developing in the mid 2010s, but it was well under way. Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. According to the latest FHFA data , as of Q3 2024, 17.2% of outstanding mortgages, around 8.7

Mortgages 488

Mortgages Finance Loans Equity 488

Housing Wire

JANUARY 23, 2024

But for those who are aging in place in these homes today, there is also a notable deficit of renovations and added safety features, which could prove problematic for those who will naturally develop vision, mobility or cognitive impairments as time progresses, the report said. The housing market is caught in a generational tug-of-war.

Renovation 523

Renovation Development As-is Industrial 523

Housing Wire

JANUARY 8, 2025

Mortgage and title clients are undergoing a significant transformation with the shift from Encompass Software Development Kit (SDK) to Encompass Partner Connect (EPC). Increased software development needs : New integrations often require more development resources to ensure compatibility with existing systems.

Technology 364

Technology Title Lending Development 364

Housing Wire

MARCH 7, 2024

The mortgage relief credit would provide “middle-class first-time homebuyers with an annual tax credit of $5,000 a year for two years,” according to the announcement. This would act as an equivalent to reducing the mortgage rate by more than 1.5% on a median-priced home for two years, and it is estimated to “help more than 3.5

Construction 535

Construction Closing costs Renovation Title 535

Housing Wire

OCTOBER 28, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO)’s dedicated reverse mortgage development work group is targeting January 2025 as the release window for reverse mortgage standards it is helping to develop. Almost as important, he added, is the participation of non-reverse lending companies in the conversation.

Mortgages 444

Mortgages Lending Industrial Title 444

Housing Wire

OCTOBER 1, 2024

Once the analysis is complete, REcolorado’s leadership develops strategies based on the insights gained in the aforementioned cross-functional team meetings. Once the analysis is complete, REcolorado’s leadership develops strategies based on the insights gained in the aforementioned cross-functional team meetings.

MLS 448

MLS Technology Development Industrial 448

Housing Wire

DECEMBER 9, 2024

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

Principal 369

Principal Land Development Renovation 369

Housing Wire

JANUARY 13, 2025

This adds to the modeling challenges, particularly as the situation is still developing and a full damage assessment will be difficult while firefighters are still battling the blazes. According to CoreLogic , the total damage cost estimate for the Los Angeles wildfires as it relates to insured properties is currently at $30 billion.

Development 397

Development As-is Marketing 397