Housing Wire

MARCH 10, 2025

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. At 2024’s pace, closing the gap would take 7.5 But as Hale pointed out, the U.S. still faces a supply shortfall of 3.8

Construction 352

Construction New Construction Closing As-is 352

Housing Wire

FEBRUARY 1, 2023

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. This type of loan only has one set of closing costs to pay, reducing the borrower’s overall fees.

Construction 418

Construction Loans Loan Officer New Construction 418

Housing Wire

OCTOBER 15, 2024

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.

New Construction 488

New Construction Construction Agents Marketing 488

Housing Wire

JANUARY 8, 2021

Understanding what expenses are required at closing to buy a house will help you budget and save more effectively. In this article, we break down exactly what closing costs are so you’re prepared when you start shopping for a home: What are closing costs? Closing costs are the thousands of dollars associated with buying a home.

Closing costs 531

Closing costs Closing Title search Title 531

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. It is also wary of some of the proposals.

Construction 535

Construction Closing costs Renovation Title 535

Housing Wire

MARCH 30, 2023

Achieving [these] goals will also help encourage community banks to expand their construction-to-permanent mortgage lending activity, especially in small towns and rural markets.”

Construction 397

Construction Loans Banks Lending 397

Housing Wire

DECEMBER 20, 2024

It is encouraging to see some uptick in apartment construction in some of our larger communities. Underlying issues Despite this progress, Dapice and others are frustrated by the lack of new construction especially starter homes in the state. They want to attract younger employees, including recent college graduates.

Construction 433

Construction Land Development New Construction 433

Housing Wire

OCTOBER 1, 2024

We are proud to have constructed one of the most durable and high-quality portfolios of MSR in the market and this partnership will allow us to benefit from Rocket’s industry-leading servicing capabilities and retention rates,” said Steve Campbell, Annaly’s president and chief operating officer. In the second quarter, it added $20.8

Closing 434

Closing Principal Loans Finance 434

Housing Wire

MARCH 7, 2025

So that really kind of hinders our actual total sales and total closings. I think that we’ve underbuilt for 13 years in this country and in this state, so definitely, new construction is in order, she said. I wish there was a way that we could make it more affordable for the actual raw materials, the construction materials.

Marketing 396

Marketing New Construction Construction Development 396

Housing Wire

JANUARY 17, 2025

This is why it’s essential to monitor builders’ forward-looking outlooks closely. range are not as low as the 3.25% to 5% rates we experienced over the past decade, that range should still facilitate the construction of more homes. I discussed this on the HousingWire Daily podcast today. While rates in the 6-6.5%

Mortgages 488

Mortgages Construction Sales As-is 488

Housing Wire

MARCH 24, 2025

To classify these sales, Zillow identified sales that were reported pending or closed with at most one day active and with a buyer and seller represented by the same agent or by agents within the same brokerage office, the report stated. Zillow said only this subset of off-MLS transactions was included in the analysis.

MLS 501

MLS Sales New Construction Construction 501

Housing Wire

MAY 10, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $300 million unrated securitization of residential transition loans (RTLs), the company announced on Friday. The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

Closing 394

Closing Principal Investor Residential 394

Housing Wire

JANUARY 30, 2025

For example, 30% of purchase transactions were new construction last year. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors. And, its focusing on areas like construction, non-QM, the fix-and-flip and second lien production.

New Construction 306

New Construction Construction Marketing Investor 306

Housing Wire

JULY 29, 2024

Senate and House of Representatives have reintroduced a bill designed to address housing issues by rehabilitating or constructing millions of additional units in an effort to bring down costs for renters and homeowners. A coalition of Democratic lawmakers in the U.S. Democrats are the only lawmakers who have signed on.

Land 475

Land Construction Equity Banks 475

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 According to the release, the firm closed more than $350 million in volume in 2022. “We

Closing 435

Closing Brokerage New Construction Agents 435

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Beyond that, Deephaven allows up to 3% seller concessions at closing. Deephavens Equity Advantage Closed End Second is a second mortgage designed for one purpose assisting borrowers in borrowing their equity.

Loans 315

Loans Mortgages Equity Construction 315

Inman

MARCH 21, 2025

Commercial construction technology company BuildOps has arrived at unicorn" status a valuation of $1 billion upon closing a Series C round of funding totaling $127 million.

Construction 107

Construction Commercial Technology Closing 107

Housing Wire

APRIL 10, 2025

Long-term growth Roughly 110,000 single-family rental homes are currently under construction or in the planning stages nationwide, according to Point2Homes. Phoenix closely followed with 12,702 new homes. Phoenix once again leads the pack with 13,010 homes in the pipeline, followed by Dallas (8,450) and Atlanta (6,644).

Development 317

Development Staging Construction Closing 317

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 257

Lending Equity Banks Construction 257

Housing Wire

JANUARY 28, 2025

Private credit now has taken over and replaced the banks in facilitating much faster than bank-closed financing, and providing competitive terms and rates to those borrowers Wolak: Real estate investors are responsible for about one-quarter of all home sales. We still see a more modest advance for new single-family home construction.

Residential 358

Residential Lending Finance Banks 358

Housing Wire

MAY 10, 2023

The data also suggests that the economy is close to peak rent inflation—lower monthly rent prices have been recorded for two consecutive months, and the price growth for new leases is still decelerating. Rent growth will decrease because apartment construction – entry units coming on the market – is already in the pipeline. in 2024.

Closing 397

Closing MLS Residential Construction 397

Housing Wire

FEBRUARY 4, 2025

The conversation closes with Divounguy sharing his framework for tackling the affordable housing crisis in the U.S. What that tells me is that we really need more housing supply coming from new construction. Simonsen: Do you have a take on your forecast for total home sales volume for 2025?

New Construction 368

New Construction Mortgages Construction Sales 368

Housing Wire

MARCH 12, 2025

Many Black families moved to these neighborhoods in the 1960s after redlining and interstate construction forced them out of other areas. ” Kalin closed his session with tailored advice for agents who are assisting landlords, buyers, and tenants with wildfire recovery. But as a result of what happened, there will be changes.

Agents 348

Agents Construction As-is Closing 348

Housing Wire

JANUARY 4, 2023

After Finance of America Companies closed its forward mortgage origination unit in October, a total of 21 FoA retail branches transitioned to Go Mortgage, said Steven Reich, a division president at Go Mortgage and former executive at FoA, in an interview with HousingWire. “Refis are the easier product of the industry,” Reich said. “We

Mortgages 508

Mortgages FHA loan Loan Officer Construction 508

Housing Wire

MAY 23, 2024

However, we need to keep an eye on the housing construction data in this report because it has huge implications for the economic cycle, our recession risk and mortgage rates. The future production of housing units at risk I am bringing this up because economic recessions tend to see residential construction workers lose their jobs first.

Sales 497

Sales Marketing Construction Residential 497

Housing Wire

FEBRUARY 10, 2025

In July 2024, Kiavi announced its closing of a $350 million securitization of residential transition loans (RTLs), bringing its six-month volume of issuances to nearly $1 billion. It also closed five RTL securitizations for nearly $2 billion and expanded its product suite by launching a new construction financing product.

Lending 284

Lending New Construction Residential Investor 284

Housing Wire

APRIL 10, 2025

Veteran real estate broker-associate Christina Khosrowabadi, who has closed more than $140 million in sales since 2022, has joined Christies International Real Estate Sereno , one of northern Californias largest independent brokerages. She joins Christies Sereno from Side , where she operated her own firm, Redefine Real Estate.

Agents 230

Agents Brokerage Construction Design 230

Housing Wire

FEBRUARY 8, 2025

But despite rising home prices and stiff competition, a new report from John Burns Research & Consulting (JBREC) says it’s time to close the curtain on the “California exodus” narrative. Another 2,900 units are under construction similar to figures in Nashville and Indianapolis.

Construction 337

Construction Investor Marketing Development 337

Housing Wire

DECEMBER 18, 2024

And then looking at the vast demand or the vast breadth of competitors out there, we kind of looked at where they are doing well and where did we need to kind of jump in there and kind of close that gap. Citi led creative testing throughout the year-long site design and build, and will conduct testing throughout 2025.

Marketing 417

Marketing Lending Branding Banks 417

Housing Wire

OCTOBER 18, 2023

While many multigenerational families are living together under one roof, potentially leading to feelings of overcrowding, accessory dwelling units (ADUs) have emerged as a practical solution for affordable housing that allows families to stay close while maintaining some separation. Sean Roberts is the CEO of Villa Homes.

Construction 545

Construction Banks Closing As-is 545

Housing Wire

NOVEMBER 25, 2020

However, demand has construction playing catch-up , as the estimate of new houses for sale at the end of October was just 278,000. Sales are increasingly being driven from homes not yet under construction. And more sales means more construction means more sales: A large share (38.5%, up from 28.5% This represents a supply of 3.3

Sales 531

Sales Construction Branding Development 531

Housing Wire

FEBRUARY 10, 2025

Richards alleged that the lender closed thousands of loans without proper documentation to boost its performance ahead of its initial public offering (IPO) on the New York Stock Exchange. On Friday, a California jury found loanDepot not guilty on the final remaining claims involving gender discrimination and constructive discharge.

Loans 295

Loans Lending Construction Closing 295

Housing Wire

APRIL 24, 2023

New construction, resales, refinances and home improvements account for approximately 16% of the U.S. Falling home prices will not only make it more difficult for retirees but will impact existing homeowners that may want to purchase something larger or in a more desirable neighborhood. GDP, roughly $3 trillion.

Closing 397

Closing New Construction Loans Equity 397

Housing Wire

JUNE 6, 2023

Cleveland – Demand for residential construction and real estate has stabilized in this District, and contacts attribute this stabilization to the arrival of spring and flattening interest rates. However, fluctuations in mortgage rates have caused buyers to pull back, with pending sales and closed sales both down in this District.

Residential 459

Residential Construction Finance Sales 459

Housing Wire

SEPTEMBER 5, 2024

He also offers valuable insights into the appeal of BTR communities and emerging markets to watch closely. SK: Construction lending is extremely complex, and in which banks have traditionally been the dominant players. When you step into construction risk, it’s essential to have a partner that understands the market.

Marketing 476

Marketing Construction Investor Finance 476

Housing Wire

MARCH 31, 2025

Led by Jamison Frost and Valen Lindner, the team has closed more than $1 billion in career sales and is known for representing some of the most exclusive properties in Park City. The move grants them membership in the Christies International Real Estate Masters Circle, an exclusive designation for top-producing agents.

New Construction 264

New Construction Development Branding Construction 264

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. million new single-family construction units in 2024.

Construction 476

Construction New Construction Lending Sales 476