HomeLight

JUNE 27, 2022

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.

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New Construction Construction Pre-approval Inspection 105

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable.

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Agents New Construction Purchase and sale agreement Construction 128

Marco Santarelli

APRIL 20, 2024

New Construction: While not a major short-term solution, an increase in new home construction activity could eventually contribute to a more balanced inventory level. The overall supply is likely to remain below pre-pandemic levels. Predictions range from the mid 6 % to the low 7 % range for the next 24 months.

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Marketing Pre-approval New Construction Fixed-rate mortgage 105

Realtor.com

DECEMBER 8, 2022

So, Happy New Year! Can’t-miss tip: Many homebuyers pass over the importance of getting pre-approved for a mortgage before starting a house hunt. Can’t-miss tip: Many homebuyers pass over the importance of getting pre-approved for a mortgage before starting a house hunt. And happy home hunting.). The result?

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Pre-approval New Construction Inspection Construction 126

Marco Santarelli

JUNE 23, 2024

More Homes on the Market Good news for buyers! Mortgage Rates May Dip While mortgage rates remain elevated compared to pre-pandemic levels, there are signs that they may start to come down. While some modest price increases may still occur, particularly in desirable locations, the breakneck speed of appreciation is likely to slow.

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Marketing Pre-approval New Construction Investor 98

Realtor.com

JULY 9, 2021

The couple lived in a third-floor apartment with their two children in a pre-war building they loved on Manhattan’s Upper West Side. We kept it in the pre-war style of the building, so we maintained its spirit, but everything is modern and new.”. We wanted the apartment to be our own and to reflect what we like,” she said. “We

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Pre-approval Renovation Finance Construction 94

Realty Biz

JUNE 16, 2023

in seed funding from several venture capital firms and angel investors, Propertymate announced it has rebranded as NewHomesMate and expanding to nine new markets, in addition to the preexistent Austin: Dallas, Houston, Orlando, Jacksonville, Tampa, San Antonio, Miami - Ft. Step six : Have you been pre-approved by a lender?

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New Construction Pre-approval Construction Investor 84

Marco Santarelli

MAY 11, 2024

Local factors like job markets, industry presence, and the pace of new construction can significantly influence housing trends within a particular state or even a metropolitan area. This might trigger some alarm, but it's crucial to recognize the context. The decline is gradual, with a mere drop from 46.1% in the last quarter.

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Mortgages Marketing Equity Pre-approval 109

RIS Media

DECEMBER 10, 2020

The “new normal” is fueling more moves from cities to suburbs, more long-distance moves, and new space and amenity demands while also prompting sellers to be more selective in a market where 95 percent of transactions are receiving multiple offers.

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Pre-approval New Construction Industrial Construction 81

Marco Santarelli

NOVEMBER 14, 2024

Are you thinking about buying a home in 2025, or maybe you're looking to invest in real estate? If so, you're probably aware that the housing market has been going through a period of change. Some experts believe a housing market crash is looming in certain areas of the country. Home prices increased by 3.4% year-over-year in September 2024.

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Marketing Pre-approval Mortgages New Construction 109

HomeLight

AUGUST 31, 2021

And that difference of $25,000 is equity in the home that now belongs to the new buyer. If so, then the 203k loan may offer a way to finance your plans, but first, you’ll need to know both what this loan is and how to get a 203k loan. . Many mortgage lenders will not finance the purchase of a home that needs significant repairs.

Loans 104

Loans FHA loan Pre-approval Finance 104

Toronto Realty Blog

NOVEMBER 4, 2022

Five people sent me pricing for new construction projects, but one in particular really, really stood out. ” This is actually very, very common in the pre-construction world. It’s that one that I’d like to review today. And listen folks, I have nothing against Kitchener. I have family in Kay-dubya.

Construction 90

Construction Pre-approval Development Investor 90

Marco Santarelli

SEPTEMBER 1, 2024

According to a report from Silicon Valley News , the prices have surged 6% from the previous year, illustrating how buyers continue to battle increasing costs. A recent article from the New York Times highlighted the scarcity of condos under $500,000 , so swift action is often necessary.

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Marketing Pre-approval Construction Renovation 98

Realty Biz

SEPTEMBER 23, 2023

Understanding the mortgage process, including prequalification and pre-approval, is also essential. Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure. Buyer agents play a crucial role in real estate transactions. What is a Buyer's Agent Agreement?

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Purchase and sale agreement Pre-approval Agents Pre-qualification 70

HomeLight

FEBRUARY 8, 2021

Certain homes in California are subject to a Mello-Roos tax , which is a special tax that allows a district to finance a new development or make improvements to existing infrastructure. Mella-Roos taxes might fund a new school, museum, roads, parks, police station, child care center, etc. To locals, this comes as no surprise.

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Pre-approval New Construction Agents Development 105

HomeLight

AUGUST 16, 2022

A Pew Research Center analysis of data from 44 advanced economies found consumer prices have risen substantially in nearly all of those countries since the pre-pandemic era. So, to help you navigate in this new world where everything costs more, we’re arming you with the latest information about: what is causing inflation.

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Marketing Pre-approval Equity New Construction 110

Realty Biz

DECEMBER 27, 2021

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Roy in Iowa: Hi Brian, I don’t have to tell you how tough it’s been for homebuyers in 2021. Answer: Hello Roy.

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Pre-approval Mortgages New Construction Loans 98

RIS Media

MARCH 25, 2022

What is clear is that a lack of inventory stemming from stalled new development is setting the industry up for continued disruption. Identifying and overcoming barriers to building new homes will be critical in meeting the incredible demand for housing that now exists in our country. Homes sell as soon as they come on the market.

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Pre-approval Inspection As-is Principal 98

Marco Santarelli

DECEMBER 16, 2024

Ive been watching these trends closely, and honestly, the latest news is a bit sobering. As Fannie Mae also notes, supply is still below pre-pandemic levels. New Home Sales as a Bright Spot: Here's a bit of good news. New home sales are expected to be stronger. Yep, you read that right. This keeps people put.

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Sales New Construction Construction Pre-approval 52

Marco Santarelli

DECEMBER 12, 2024

Are you looking for the next big real estate opportunity? Colorado Springs is predicted to be the hottest housing market in 2025 , according to a recent forecast by Realtor.com. This vibrant city in the heart of Colorado is projected to experience significant growth in both home sales and prices, making it a prime location for buyers and investors.

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VA loan Marketing Pre-approval FHA loan 52

Real Trends

DECEMBER 12, 2022

I have clients who have been approved for a mortgage on a $200,000 property, but as rates have increased, they are now unable to afford what their monthly payment would be,” Stacy Pulliam, an Augusta, Georgia-based eXp Realty agent, said. Affordability is a big challenge in my area.

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Marketing Investor Construction Agents 98

Marco Santarelli

AUGUST 17, 2020

Some of these sites can help real estate investors as well who don't have much margin for error when their mistakes have multiple zeroes on the end. When you need to find properties that are a bargain at the buy, don't cost a fortune to fix up, and can be sold for a profit, it requires having the best possible information at every step of the way.

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Purchase and sale agreement Investor Land MLS 115

HomeLight

MARCH 21, 2023

In addition, Leonard points out that builders can be incentivized to negotiate to clear new construction inventory at the end of the year, offering deals in December that are no longer available in January. Find a Top Buyer's Agent for All Texas Seasons HomeLight can connect you with top agents in your selected Texas market.

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Agents Pre-approval Closing costs Sales 105

HomeLight

MARCH 13, 2023

New construction surge contributing to competition for buyers. Do you need to connect with cash home buyers in Austin for a fast sale? Well, you’re in luck. The Austin area is fortunate to have a growing, active housing market. According to the “American Growth Project,” Austin ranked as the No. 2 fastest-growing U.S.

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Sales Investor House Flipping Pre-approval 95

HomeLight

FEBRUARY 3, 2022

The stress of selling a house is enough to make anyone feel overwhelmed. People tend to struggle with big changes and moving is nothing short of a seismic life disruption. The emotional ties to our homes can also cause feelings of anxiety and sadness when it’s time to say goodbye. Source: (Gregor Meier / Unsplash). According to Dec.

Pre-approval 105

Pre-approval Staging Agents Proof of funds 105

Marco Santarelli

MAY 23, 2024

Builders are grappling with this new reality. However, as Peter Boockvar , a CNBC contributor, points out, “the entire new build industry is selling new homes at a pace below the 5-year average.” Additionally, many new construction projects are located in suburbs or exurbs, further out from city centers.

Sales 52

Sales Pre-approval New Construction Construction 52

Toronto Realty Blog

OCTOBER 15, 2024

The Toronto Star Friday, October 11th, 2024 You may have seen this come up in your news feed with a different title or byline. For the record, my hand is raised. I’m glad to be back in the office. Three days off was plenty. But I’m not complaining about in-laws, like most other people I spoke to this weekend. ” Maybe.

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Investor Marketing Pre-approval Land 77

Redfin

APRIL 21, 2023

The state has seen a significant increase in new construction, with builders developing homes in both urban and suburban areas to meet the demand for housing. Buying a home in Florida can be an exciting, yet daunting process. What’s it like to live in Florida?

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Pre-approval Closing costs Title Loans 63

Marco Santarelli

MAY 7, 2024

This could be good news for potential buyers, making homes more affordable. However, it could also create instability in the housing market, impacting everything from construction to real estate agent commissions. Builders may be hesitant to start new construction projects if they anticipate a decrease in demand.

Mortgages 52

Mortgages Pre-approval Construction New Construction 52

Marco Santarelli

NOVEMBER 3, 2023

New construction is increasing. The number of new homes permitted in Midland has increased by 15% year-over-year in the first nine months of 2023. They should also have a pre-approval letter in place so that they can move quickly on an offer. The median sale price per square foot in Midland is $118, up 15.7%

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Marketing Pre-approval Investor Sales 80

Realty Biz

AUGUST 29, 2023

Before starting, one of the most vital things to consider is how much it costs to build a new home. Understanding the Construction Process When embarking on the journey of building a new house, it is crucial to have a solid understanding of the construction process. When creating your dream home, it is hard to resist.

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Construction Inspection Design Land 92

HomeLight

MAY 28, 2021

Increasing your down payment , upping the earnest money , and obtaining pre-approval from a local lender can also improve your offer. Take a break from the waves and enjoy world-class golf, destination-style shopping, and outdoor recreation. Its neighborhoods have distinct personalities and offer different living environments.

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Inspection Seller concession Pre-approval Agents 93

HomeLight

NOVEMBER 21, 2022

As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. When the time comes to move, some tenacious homeowners in South Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner.

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Purchase and sale agreement MLS Pre-approval Agents 102

Marco Santarelli

AUGUST 3, 2024

How to Avoid: Get Pre-Approved for a Mortgage: A pre-approval letter from a lender showcases your financial readiness and provides you with a clear understanding of your borrowing power. The thrill of buying your first home is undeniable. 5 Mistakes First-Time Homebuyers Make (and How to Avoid Them) 1.

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Closing costs Inspection Pre-approval FHA loan 52

Louisville Homes

SEPTEMBER 9, 2022

If you plan to get a loan, make sure that you get your pre-approval before you start looking. Even with new construction , it always pays for a buyer to have their own Realtor. You can go through them daily, and they will alert you whenever there is a new listing that fits in with what you are looking for.

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Due diligence Pre-approval Inspection New Construction 52

Marco Santarelli

AUGUST 18, 2020

People want to live in the city, yet the number of new homes being built is relatively low. The government shutdown has chilled economic activity across the board. What is it doing to the Boston housing market? And what can we predict for the future of the Boston real estate market? In June, the pending sales of single-family homes jumped 43.6

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Marketing Purchase and sale agreement Investor Sales 124

HomeLight

DECEMBER 14, 2021

So you walk around the block again…and again, until the coast is clear. Exasperated, you wonder: “Phew, I don’t know how much longer I can do this. How many showings on average does it take to sell a house?”. Source: (Ekin-Fidel Tanriverdi / Unsplash). Expect to show your house 10-25 times to sell it. Is there any way to avoid showings?

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Staging Agents Proof of funds Pre-approval 98