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Cambridge Wilkinson to launch $100M private lending platform

Housing Wire

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 270
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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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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

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. The White House estimates that this “will raise an additional $3.79

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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Also, DSCR five- to nine-unit loans are designed for larger multi-family homes. Beyond that, Deephaven allows up to 3% seller concessions at closing. As such, theyll need ground-up construction loans.

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John Burns: The ‘California exodus’ storyline is coming to an end

Housing Wire

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.

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Is there a housing inventory ‘silver tsunami?’ Not where it’s needed

Housing Wire

But the issue could be compounded by more companies instituting in-office working requirements, or other potential prospects designed to improve the attractiveness of other markets to potential homebuyers. [T]he This means that the affordability impact on a national level from a potential silver tsunami is likely to be minimal.

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Frost-Lindner joins Christie’s International Real Estate in Utah

Housing Wire

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.