Housing Wire

DECEMBER 20, 2022

Working remotely, although not a new concept, became our new normal, and hybrid and remote office environments will continue to be part of our future. In addition, technology needed to be integrated into our work-from-home lives in new ways we had not thought of before. Remote work technology is here to stay.

Industrial 448

Industrial Technology Design Construction 448

Housing Wire

JANUARY 13, 2025

With the heart of an athlete, Evans will bring strong work ethic to his new role. The company believes that population increases in these states have driven higher demand for new construction sales. The Kansas City Royals drafted Evans in the ninth round of the 1992 MLB draft.

Lending 370

Lending New Construction Mortgages Construction 370

Housing Wire

NOVEMBER 4, 2024

As technology continues to rapidly reshape nearly every aspect of real estate and mortgage, HousingWire’s Tech100 award has become an industry staple, spotlighting the companies driving this transformation each year. “Kiavi launched a new construction financing product. Click here to nominate a tech organization.

Industrial 305

Industrial New Construction Technology Construction 305

Housing Wire

MAY 25, 2022

The real estate industry is in the stages of a seismic shift to fully digital experiences. A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms.

New Construction 482

New Construction Construction Sales Industrial 482

Housing Wire

FEBRUARY 21, 2024

Zonda , one of the leading data providers in the homebuilding industry, has acquired Builders Digital Experience (BDX), the company announced on Wednesday. By extension, Zonda also acquired NewHomeSource.com , one of the largest listings platforms for newly constructed homes, and Envision , a new home design platform.

New Construction 464

New Construction Construction Industrial Design 464

Housing Wire

MAY 16, 2024

As homebuyers continue to grapple with a lack of existing homes for sale, the market for new homes continues to see strong demand, and some areas of the country — including Sun Belt states — are producing new homes at a relatively rapid rate. was $335,170, compared to $414,990 for new construction homes.”

Sales 468

Sales New Construction Construction Finance 468

Housing Wire

JULY 19, 2024

We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.” ” Our success is driven by our exceptional team and an expansive product portfolio. . Learn more about Flagstar HERE.

Lending 466

Lending New Construction Renovation Banks 466

RIS Media

JANUARY 21, 2025

New data from Realtor.com shows that rental prices continued to decline for the month of December, as the national median asking rent fell below $1,700 for the first time since April 2022. According to Realtor.com, this is a 1.1% decline year-over-year from December 2023.

New Construction 97

New Construction Construction As-is Industrial 97

Housing Wire

JUNE 16, 2021

The total number of homes under construction increased 1.2% — the 12th consecutive monthly increase and its highest level since 2007. Permits for new construction by homebuilders dropped 3%, largely because lumber and building material costs kept prices high. Presented by: Move Sales.

New Construction 493

New Construction Construction Industrial Agents 493

Housing Wire

JULY 16, 2024

President Joe Biden released a legislative proposal on Tuesday that’s rankling the real estate industry — nationwide rent control. Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. Housing industry organizations were quick to condemn Biden’s proposal.

New Construction 488

New Construction Construction Land Development 488

Housing Wire

NOVEMBER 4, 2021

To keep pace with current construction demand, and account for attrition, 740,000 new construction workers are needed each year for the next three years , a report by the Home Builders Institute contends. There are currently 300,000 to 400,000 open construction positions on a monthly basis. Presented by: Auction.com.

Construction 529

Construction Renovation New Construction Development 529

Housing Wire

DECEMBER 3, 2020

Steven Caporale, founder and principal of Accel Realty Partners in Boise, has been in the industry for 25 years and said he’s never seen the housing market look like this. “In New construction continues to take more and more of our market,” Dopp said. Boise, Idaho was the No. In 2018, Forbes ranked the city No.

Marketing 534

Marketing New Construction Construction Principal 534

Housing Wire

MARCH 4, 2024

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. Since the beginning of this year, the industry has witnessed the completion of five transactions, with two others announced. Smith Douglas Homes went public in January.

New Construction 447

New Construction Land Construction Industrial 447

Housing Wire

MAY 6, 2024

The standard loan application to originate a HECM currently includes Fannie Mae Form 1003, HUD Form 92900-C and Fannie Mae Form 1103, the latter of which is a supplemental consumer information form that has been adopted by the mortgage industry. Following an announcement that the U.S.

VA loan 448

VA loan Principal Residential Loans 448

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. The business appears durable, too. million, but 4.1%

Construction 476

Construction New Construction Lending Sales 476

Housing Wire

JUNE 17, 2021

On a seasonally adjusted basis, the MBA also estimates new home sales fell at an annualized pace of 4% in May, said Joel Kan, MBA’s associate vice president of economic and industry forecasting. Overall, the MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 741,000 units in May 2021.

Sales 511

Sales VA loan FHA loan Loans 511

Housing Wire

JUNE 2, 2021

The overall housing index hit its lowest point since February, said Joel Kan, MBA’s associate vice president of economic and industry forecasting. Tight housing inventory, obstacles to a faster rate of new construction, and rapidly rising home prices continue to hold back purchase activity,” Kan said. the previous week.

Fixed-rate mortgage 543

Fixed-rate mortgage Mortgages New Construction Loans 543

Housing Wire

JUNE 27, 2023

Strong new home sales have gotten the new construction industry back on track to deliver much-needed inventory for this undersupplied market. This has brought a resurgence to the new construction industry with sales rising and home builder confidence climbing.’ from April.

Sales 370

Sales New Construction Construction Residential 370

Housing Wire

OCTOBER 9, 2024

She has more than 25 years of real estate industry experience, and she specializes in lake properties and new construction. Like Walsh, Speer has 20-plus years of experience in the industry. “I’m very excited to be back and working with my esteemed colleagues,” Walsh said in a statement. This earned her the No.

Agents 435

Agents Commercial New Construction Title 435

Housing Wire

FEBRUARY 4, 2022

After months of growth, the construction sector lost 5,000 jobs in January from December, due to the loss of 9,500 jobs in heavy and civil engineering construction. As a whole, the construction sector is still 85,000 jobs below its February 2020 level. Residential building construction employment is up 5.3%

Construction 435

Construction Residential New Construction Marketing 435

Housing Wire

MAY 16, 2023

The NAHB/HMI report is based on a monthly survey of NAHB members, in which homebuilders are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes. That share from 2000-2019 was a 12.7%

New Construction 459

New Construction Construction Sales Staging 459

Housing Wire

NOVEMBER 7, 2024

Stowell, a homebuilding executive with nearly 40 years of industry experience, to its board of directors. “Mr. Heid welcomed Stowell to the board, lauding his experience as a helpful factor for Fannie Mae’s intersections with the homebuilding industry. Stowell brings nearly 40 years of experience in the U.S. and HomeAid America.

New Construction 370

New Construction Residential Construction Industrial 370

Housing Wire

SEPTEMBER 4, 2024

The only viable solution to these problems, as other municipal leaders and housing industry experts have previously suggested, is the construction of more homes. The only viable solution to these problems, as other municipal leaders and housing industry experts have previously suggested, is the construction of more homes.

Construction 448

Construction New Construction Finance Land 448

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. Mortgage rates have nearly doubled to around 6.5%

Mortgages 448

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 448

Housing Wire

MAY 2, 2024

“I’ve been in the industry since I was 18, so this year will be 22 years, and I’ve only been in five companies,” Potempa said in an interview. But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market.

Loan Officer 448

Loan Officer Mortgages VA loan Lending 448

Housing Wire

APRIL 9, 2021

The bad news is that sometimes, some analysts in the industry portray ADUs as the solution to the lack of housing,” said Robert Dietz, chief economist and senior vice president for economics and housing policy for the National Association of Home Builders. ADUs come in many different forms. But there’s a flip side to ADUs.

New Construction 435

New Construction Construction As-is Industrial 435

Housing Wire

OCTOBER 19, 2021

Purchase mortgage applications for new homes were down 16.2% Based on data from the survey, MBA estimates that there were 66,000 new single-family home sales in September, compared to 71,000 new single-family homes a month prior, a 7% decrease. The estimated pace of new home sales decreased 3.5%

VA loan 435

VA loan FHA loan Mortgages Loans 435

Housing Wire

FEBRUARY 1, 2021

By supplying more homes that are affordable, the housing industry can increase homeownership rates for everyone. ?. However, new construction trends do not reflect this changing preference. Of builders surveyed, 44% say that buyers’ ability to qualify for a loan is one of the biggest obstacles for taking on a new project.

Finance 435

Finance New Construction Industrial Staging 435

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. It’s fair to say that 2022 has been a depressing year for homebuilders.

Construction 397

Construction New Construction Fixed-rate mortgage Finance 397

Housing Wire

MAY 15, 2024

New construction in age-restricted communities is becoming a rising trend. According to the National Association of Home Builders (NAHB), the number of homes being built in age-restricted communities has grown significantly, since 2009, with about 6% of all new homes built for those either age 55 and older or 62 and older, as of 2022.

New Construction 467

New Construction Design Construction Marketing 467

Housing Wire

JULY 26, 2021

below June 2020’s pace of nearly 900,000, as the price of new homes in June 2021 rose to approximately 6% above last year’s average price. The median sales price of new houses sold in June 2021 was $361,800. ” The post New home sales dip for third consecutive month appeared first on HousingWire. .

Sales 448

Sales VA loan FHA loan Loans 448

Housing Wire

JUNE 23, 2021

The median sales price of a new home last month was $374,400, an 18% increase over the same period a year earlier. A new home sale occurs when a sales contract is signed or a deposit is accepted. The home can be in any stage of construction: not yet started, under construction or completed.

Sales 476

Sales Construction New Construction Staging 476

Housing Wire

OCTOBER 19, 2022

The new construction industry was not blind to the impacts this will have on housing demand. Builders are starting on construction on fewer single-family houses, but they’ve been breaking ground on more apartments and condominiums. Census Bureau and the U.S. Department of Housing and Urban Development.

Construction 468

Construction New Construction Development Residential 468

Housing Wire

DECEMBER 11, 2023

Ruehrwein, who became a licensed agent in 2017 after working in the new construction industry for 28 years, serves clients in Rehoboth and surrounding Massachusetts towns, as well as East Providence and the Narraganset area of Rhode Island. “My Ruehrwein’s move was not the only major addition for RE/MAX in Massachusetts.

Closing 435

Closing Brokerage New Construction Agents 435

Housing Wire

JUNE 8, 2023

These mortgage leaders’ experience spans from retail to affordable housing to new construction. Gonzalez’s career spans 25 years as an industry professional with a comprehensive understanding of the housing industry landscape. Register Sarah Gonzalez is the president and chief operating officer of Panorama Mortgage Group.

Staging 397

Staging New Construction Lending Mortgages 397

Housing Wire

JULY 20, 2023

Homebuilder sentiment rose for the seventh consecutive month and new construction activity slightly pulled back as the cost of materials picked up. Simultaneously, retail sales improved modestly and industrial production declined on waning demand. By contrast, the 30-year was at 5.54% a year ago at this time. “As

Mortgages 370

Mortgages Fixed-rate mortgage New Construction Construction 370

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Mortgages 448

Mortgages Marketing Banks New Construction 448