Housing Wire

FEBRUARY 18, 2025

The oldest baby boomers are poised to turn 80 years old this year, which could bring the market of dedicated senior housing from a place of oversupply to a shortage. More than 560,000 new units are needed to meet all the demand by 2030, but only 191,000 will be added at current development rates, according to data service NIC MAP.

Marketing 313

Marketing New Construction Development Construction 313

Housing Wire

DECEMBER 5, 2023

From Q2 to Q3 2023, the single-family , new-construction market share grew the most in large metro outlying counties from 9.5% Meanwhile, single-family construction growth rates in small metro core counties declined 18.6% Outlying counties posted the highest growth rate in the multifamily sector as well.

New Construction 474

New Construction Construction Marketing As-is 474

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. Century 21 Regency Realty agent Cheryl Piccinini has lived and traveled all over the world, but there is no place she would rather be than Alabama. “No You can find the city, the country. We’ve got beaches.

New Construction 434

New Construction Construction Agents Development 434

Housing Wire

JANUARY 17, 2025

This means more homes on the market and more options for home buyers, which is good news for a housing market that has been underbuilt for over a decade, Odeta Kushi , First Americans deputy chief economist, said in a statement. Census Bureau , an estimated 1.628 million housing units were completed in 2024, up 12.4%

Construction 397

Construction New Construction MLS As-is 397

Housing Wire

AUGUST 1, 2023

Zillow Group ‘s new-construction listings will be automatically syndicated to Redfin. The deal between the listing platforms comes as new construction listings form roughly 30% of the housing sales market. New single-family home sales rose 23.8% million net loss , an improvement on the $90.8

New Construction 370

New Construction Construction Brokerage Agents 370

Housing Wire

JANUARY 15, 2025

The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction. The first is to shorten the lag time for creating new homes by anticipating demand over the next five years.

Lending 417

Lending New Construction Staging Construction 417

Housing Wire

MARCH 18, 2025

Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. What’s going on? This is 11.2 percent (15.7 percent (13.0

Construction 380

Construction Residential Sales New Construction 380

Housing Wire

JANUARY 14, 2025

The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. Adam Vellano was promoted to managing director of the South Florida market. And Erika Sheridan was promoted to senior director of marketing and operations in the Southeast.

Brokerage 370

Brokerage Development New Construction Agents 370

Housing Wire

FEBRUARY 4, 2025

They explore forecasts for the 2025 housing market, key macroeconomic trends to monitor, solutions to the housing affordability crisis and more. To start the conversation, Divounguy dives into the past two years of economic developments and how they impact today’s housing market. So, both are happening together.

New Construction 361

New Construction Mortgages Construction Sales 361

Housing Wire

SEPTEMBER 26, 2023

“Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. The seasonally‐adjusted estimate of new houses for sale at the end of August was 436,000.

As-is 511

As-is Sales New Construction MLS 511

Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 months worth of supply, according to Keller Williams Realty Boise , and homes typically stay on the market for just five days.

Marketing 534

Marketing New Construction Construction Principal 534

Housing Wire

DECEMBER 20, 2024

New Hampshire s hot housing market has spiraled the Granite State into crisis mode. In 2023, through its Statewide Housing Needs Assessment , New Hampshire Housing found that the state is currently short by 23,500 units. It is encouraging to see some uptick in apartment construction in some of our larger communities.

Construction 428

Construction Land Development New Construction 428

Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. housing market has surged by more than $2.6 Fueling this increase is new construction, according to Divounguy, even though the 1.3%

Marketing 521

Marketing New Construction Finance Construction 521

Housing Wire

APRIL 7, 2025

ICE expects mortgage rates to continue to drop, as it noted that 30-year futures pricing currently implies that the market anticipates 30-year rates to dip below 6.4% ICE says that with the current rate of improvement, the market would be on pace to return to pre-pandemic for-sale inventory levels in the back half of 2026.

FHA loan 257

FHA loan Mortgages New Construction Loans 257

Housing Wire

MARCH 10, 2025

with a shortage of nearly 4 million homes, according to a new analysis from Realtor.com that was released Monday. This was driven by an increase in both single-family and multifamily construction. Importantly, new construction activity outpaced household formations for the first time since 2016.

Construction 333

Construction New Construction Closing As-is 333

Housing Wire

NOVEMBER 4, 2024

loanDepot has signed a new joint venture agreement with Smith Douglas Homes , a top-50 homebuilder with a solid book of business in the Southern states. Smith Douglas Homes sold 2,297 homes in 2023. loanDepot has a variety of partnerships with homebuilders across the country.

Purchase and sale agreement 300

Purchase and sale agreement Mortgages New Construction Lending 300

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. We were up year over year in inventory , but we were at a 25 year low on new listings.” In mid-June 2023, the statewide 90-day average Altos Market Action Index score hit a high for year of 53.99, before sliding down to a trough of 40.03 in mid-January 2024.

Marketing 468

Marketing New Construction Construction As-is 468

Marco Santarelli

JANUARY 22, 2025

The Florida housing market is undeniably hot right now, making headlines with a record-breaking $285 million new construction home hitting the market. According to Realtor.com , this ocean-to-lake estate is poised to shatter records as the most expensive new construction single-family home in the country.

New Construction 98

New Construction Construction Pre-approval Design 98

Housing Wire

DECEMBER 2, 2020

Additional lockdowns and quarantines due to COVID-19 could put a dent in housing inventory and sales, potentially slowing down the market and putting increased pressure on buyers, the forecast said. The 2021 housing market will be much more ‘normal’ than the wild swings we saw in 2020,” said realtor.com’s Chief Economist Danielle Hale.

Marketing 528

Marketing Construction New Construction Equity 528

Housing Wire

OCTOBER 18, 2024

We had a good few months of positive builder confidence data for the new home sector and positive purchase application data for existing home sales. Anyone who thinks we are on the verge of a housing construction boom is kidding themselves, with the policy still this restrictive. Let’s take a look at the report. percent (±19.9

Construction 378

Construction New Construction Residential Mortgages 378

Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. Its up to us as agents to stay engaged and stay in contact with our clients. In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines.

Pre-approval 395

Pre-approval Design Industrial Agents 395

Housing Wire

AUGUST 18, 2020

The Census report on new construction showed a whopping 22.6% This means we can add housing starts to our growing collection of V-shaped recovery charts for the 2020 housing market. Back in 2018, when builder confidence took a dive, new homes sales were falling and the monthly supply spiked.

Marketing 546

Marketing New Construction Construction Sales 546

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. It reflects another pressing issue of imbalanced supply and demand in the housing market.

Loans 291

Loans Mortgages Equity Construction 291

Housing Wire

MARCH 13, 2025

As the 2025 spring homebuying season begins, the national housing market continues to struggle with supply shortages. But increased activity in residential construction , particularly in the South, is helping to alleviate affordability challenges in certain regions, according to ananalysis from First American Financial Corp.

Construction 277

Construction Residential New Construction Land 277

Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. In addition, more for-sale inventory will likely be available on the market.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

Housing Wire

NOVEMBER 2, 2020

I’m talking about housing market crash headlines. These dramatic peaks and valleys in the data have fed the demons of greed and fear that infest the minds our extreme housing bulls and the fierce housing market bears – leading to equally wild speculations about the future of U.S. The housing data has been wild this year.

Marketing 545

Marketing Sales New Construction As-is 545

Housing Wire

JANUARY 13, 2025

With the heart of an athlete, Evans will bring strong work ethic to his new role. “Individuals and families in these markets deserve proper community-focused lending, and Evans leadership is well-suited to deliver the localized support they need. . The Kansas City Royals drafted Evans in the ninth round of the 1992 MLB draft.

Lending 367

Lending New Construction Mortgages Construction 367

Housing Wire

SEPTEMBER 18, 2024

Slowdowns in new single-family construction over the summer reflected sagging builder confidence, but homebuilders appear to be more confident as mortgage rates have fallen over the past few weeks and as the Federal Reserve gets set to cut interest rates. month over month and up 3.9% compared to a year ago. monthly and 6.2% she said.

Marketing 487

Marketing Construction New Construction MLS 487

Housing Wire

FEBRUARY 24, 2023

“Rates have bounced higher since January, which likely is acting as a drag on new home sales in the meantime.” The uptick in the sales pace resulted in just 439,000 new homes remaining on the market at the end of the month, representing 7.9 months of supply at the current sales pace, down from 8.7 months in December.

Sales 459

Sales New Construction Construction Mortgages 459

Housing Wire

MARCH 8, 2023

It is no secret that the housing market is suffering from an ongoing inventory drought. While many are hoping new build inventory can at least slightly ameliorate this situation, an analysis from Realtor.com , published on Wednesday, says otherwise. However, an average of 94.5% of all housing starts, the highest level since 2015.

Marketing 459

Marketing Construction New Construction Mortgages 459

Housing Wire

OCTOBER 21, 2020

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. “Anything right outside of Boston is going like wildfire, but especially the single-family homes.”

Marketing 545

Marketing Agents New Construction As-is 545

Housing Wire

OCTOBER 5, 2023

The real estate market in China, both commercial and residential, have been unwinding over the last few years. Now add in the most recent news of outright fraud and embezzlement by Evergrande executives, and there is a chance the sector will drag down an already slowing Chinese economy. However, even bad news often has a silver lining.

Marketing 459

Marketing Residential Investor New Construction 459

Housing Wire

JULY 26, 2023

“New home sales continue to be an outsized share of the housing market ,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. The market for new homes is booming because the number of existing homes coming on the market has slowed to a two-decade low. from a month prior, but down 3.6% year over year.

Sales 370

Sales New Construction Marketing Construction 370

Housing Wire

DECEMBER 16, 2021

These gains mean single-family completions will increase in 2022, bringing more inventory to market despite a 19% year-over-year rise in construction material costs and longer construction times.” ” HUD and the Census Bureau are attributing this increase in production to strong demand for new construction.

New Construction 493

New Construction Construction Residential Development 493

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 466

Sales New Construction Construction Finance 466

Housing Wire

NOVEMBER 25, 2020

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. Currently I’m in some of the Southern markets like Alabama, Mississippi, Texas, Indianapolis, Ohio. See sidebar for more details on these markets.

Investor 545

Investor Marketing Renovation New Construction 545

Housing Wire

MAY 3, 2024

We’ve been a sellers’ market here for at least the past eight years, but probably closer to 10 or 11.“ On the existing-home market , agents say the lack of inventory is due to a rate-lock effect, as homeowners with mortgage rates at 5% or below are reluctant to give up their rate unless a major life change necessitates a move.

Marketing 414

Marketing Construction New Construction Development 414