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The Southern housing markets poised to become boomtowns

Housing Wire

Using growth indicators that measure upcoming construction and development, southern metros take eight spots in the top 10 list. in new construction, 7.2% in builder/developer land, 4% in recent build and 1.1% The fires are also projected to slow construction growth as the area starts the rebuilding process.

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Tom Davis shares non-QM opportunities to capitalize heading into 2025

Housing Wire

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training.

Investor 448
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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

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Midwest, Northeast housing markets stay hot amid national cooldown

Housing Wire

Rich Bradford, broker associate with The Bradford Team at RE/MAX One Realty in Haddonfield, New Jersey, said the results for his local market could be even better if so many potential sellers werent locked in by low mortgage rates. In the most in-demand markets, homes sold in 33 to 51 days, significantly below the national median of 66 days.

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The 11 do’s and don’ts of buying a new build

Housing Wire

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. To help you make informed decisions and avoid costly missteps, heres what you need to know before diving into a new build: 1.

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Compass strikes again with leadership changes in the Southeast

Housing Wire

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. .”

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These states received top marks on their housing affordability report cards

Housing Wire

The report evaluates each state using weighted criteria tied to affordability and construction activity. Homebuilding was assessed using construction permit volumes relative to population and price differences between new and existing homes. These states face a combination of high home prices and limited new housing development.