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

FEBRUARY 4, 2025

The conversation closes with Divounguy sharing his framework for tackling the affordable housing crisis in the U.S. Even if we had a massive increase in that number of new listings, that would not be enough to get affordability to get the kind of price declines that we need. Divounguy: We revised the sales number down slightly.

New Construction 369

New Construction Mortgages Construction Sales 369

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 306

Lending New Construction Residential Investor 306

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 286

New Construction Development Branding Construction 286

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

DECEMBER 3, 2020

New construction continues to take more and more of our market,” Dopp said. New construction used to be maybe 15-20% of the market, trending toward 40% of the market now. Next year, it’ll probably be close to 50%.”. The apartment market in Boise is heating up, too.

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. The acquisition is set to close in the first half of 2024. Meanwhile, prominent Japanese builder Sekisui House announced plans to acquire M.D.C.

New Construction 447

New Construction Land Construction Industrial 447

Housing Wire

AUGUST 11, 2020

.” For consumers interested in new construction, Offerpad has partnered with Beazer Homes , Maronda Homes , Meritage Homes , and Pulte Homes , to name a few. In June, Keller Williams announced that its iBuying solution, Keller Offers , was no longer in an exclusive agreement with Offerpad.

New Construction 418

New Construction Construction Closing As-is 418

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.

Construction 476

Construction New Construction Lending Sales 476

RIS Media

MARCH 21, 2025

If you’re looking for a completely customized home, a common question is whether to renovate an existing home or build a new construction home. While both options can provide close to complete customization, both paths have pros and cons.

New Construction 59

New Construction Renovation Construction Closing 59

Housing Wire

FEBRUARY 13, 2025

It also launched a new construction financing product for builders. The company closed multiple RTL securitizations last year, including a $350 million transaction in the first quarter. Kiavi also said it boosted its active customer base to more than 5,500, up 30% from 2023.

Land 231

Land Investor Principal New Construction 231

Housing Wire

NOVEMBER 27, 2023

However, the share of new construction for sale in the third quarter was the highest ever recorded. single-family homes for sale in the third quarter were new construction, up from 28.9% The median price for a new home kept inching down There was a bright side for consumers. “Not Nationwide, 30.6%

Sales 448

Sales New Construction Construction Closing costs 448

Housing Wire

JUNE 17, 2021

Roughly 54% of homes sold in America during May closed at over listing price , according to data from Redfin, a record. Census Bureau on Wednesday painted a more hopeful picture of builders catching up to meet new home sales demand. Housing starts data from the U.S.

Sales 511

Sales VA loan FHA loan Loans 511

Housing Wire

NOVEMBER 28, 2023

The team specializes in buyer and seller representation as well as new construction. In 2022, the Husky Homes team closed 121 transactions and more than $48.4 million in sales volume. It even ranked No. 15 in the state of Wisconsin by transaction sides, according to the RealTrends 2023 America’s Best list.

New Construction 435

New Construction Technology Construction Industrial 435

Housing Wire

MARCH 8, 2023

This resulted in the gap between single family home construction and household formation growing to 6.5 Cooling buyer demand and builder confidence led to slower single-family construction and a shift in builder focus to multi-family last year,” Hannah Jones, Realtor.com’s economic data analyst, said in a statement.

Marketing 459

Marketing Construction New Construction Mortgages 459

Inman

FEBRUARY 6, 2023

Homebuyers can put as little as 5 percent down when taking out a new construction loan, with one closing and an optional float-down to secure a lower interest rate, according to United Wholesale Mortgage.

New Construction 113

New Construction Construction Loans Closing 113

Housing Wire

JUNE 6, 2023

New home builders have benefited from the unseasonably modest sales of existing homes as the resale market has slowed. 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.

Residential 459

Residential Construction Finance Sales 459

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

JULY 23, 2024

Home price growth in the second quarter was stronger than previously anticipated, but economists at Fannie Mae believe it will likely moderate soon, closing 2024 and 2025 at annualized rates of 6.1% and 3%, respectively. Even with more listings of homes available for sale compared to a year ago, existing-home sales fell in June.

Fixed-rate mortgage 468

Fixed-rate mortgage New Construction Sales Construction 468

Housing Wire

APRIL 18, 2024

Meanwhile, new construction of both single-family and multifamily homes receded in March. Mortgage rates, which had been expected to fall in 2024, have inched up close to 7% and seem poised to remain higher for longer. “More inventory is always welcomed in the current environment,” Yun added.

Sales 448

Sales New Construction MLS Construction 448

Housing Wire

JULY 15, 2024

According to a news release, the team has a particular focus on new construction, luxury homes and waterfront properties. In 2023, Fontaine’s team — which consisted of 12 active and licensed agents, according to the RealTrends Verified rankings, closed 45 transaction sides for a total volume of $31.89

Technology 435

Technology Branding New Construction Construction 435

Keeping Current Matters

JULY 27, 2021

According to Sam Khater, VP and Chief Economist at Freddie Mac : “The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes.”. New home construction has been lagging behind the norm for quite some time. million new housing units per year. totaled more than 5.5

New Construction 330

New Construction Construction Equity As-is 330

Housing Wire

NOVEMBER 15, 2023

Meanwhile, he counts on home builders to ramp up new construction, as the existing-home inventory shortage lifts demand for new homes. In 2023, new-home sales are up 5% year to date, Yun said. To close out his presentation, Yun touted the ongoing value of homeownership despite market headwinds.

Sales 482

Sales New Construction Staging Mortgages 482

Housing Wire

JANUARY 6, 2022

Homebuilders responded to the shortage of homes for sale, accelerating new home construction, even as they face severe supply-side challenges, including rising building material costs and supply-chain bottlenecks, a lack of affordable lots, and difficulty in finding skilled labor. What about existing homes?

Construction 511

Construction New Construction Equity Sales 511

Realtor.com

NOVEMBER 17, 2022

Compare that with a preexisting home’s median price of $396,300 , and it’s clear that buying brand-new might set you back tens of thousands of dollars extra. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

New Construction 126

New Construction Construction Development Renovation 126

Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

New Construction 123

New Construction Construction Loans Design 123

Housing Wire

NOVEMBER 3, 2023

Through this offering, consumers may also be eligible to receive a rebate* at closing. titlegenius by Radian, provided by Radian Settlement Services, allows homebuyers and sellers to easily manage their title transaction and closing online and receive real-time updates from their agent for a cohesive experience.

Closing costs 435

Closing costs Short sale Technology New Construction 435

HomeLight

AUGUST 17, 2022

Buying a new construction home can be intimidating. If decisions aren’t your thing, you might be able to buy a new construction home that is already built and ready for you to move in. Find a buyer’s agent who works with new construction. Find a Buyer's Agent to Help You Buy A New Construction Home.

New Construction 124

New Construction Construction Agents Inspection 124

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. In 2023, she closed 57 transaction sides for a total of $29.979 million in sales volume. Walsh cited Coldwell Banker Realty’s marketing programs as one of the reasons for her return. This earned her the No.

Agents 435

Agents Commercial New Construction Title 435

BAM Media

DECEMBER 11, 2024

Inventory Recovery and New Construction Lead the Way Housing inventory is rebounding, with November 2024 marking the highest number of homes for sale since December 2019. The South and West, however, are closing the gap faster, thanks in part to robust new construction activity.

New Construction 98

New Construction Marketing VA loan Construction 98

Realtor.com

OCTOBER 15, 2020

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. Do the materials and style of construction match the neighborhood?”

New Construction 138

New Construction Construction Purchase and sale agreement Design 138

Housing Wire

MAY 19, 2021

“Until new construction takes off — over the course of years, not months — home prices will continue to increase. This housing boom is nowhere close to over.” . “There simply aren’t enough homes for sale in America for everyone with the desire and the means to buy one right now,” Fairweather said.

New Construction 501

New Construction Sales Construction Closing 501

Housing Wire

FEBRUARY 4, 2021

Here’s how Dannielle Hale, chief economist for Realtor.com, put it in her recent 2021 forecast: “The housing market in 2021 will be much more hospitable for buyers as an increased number of existing sellers and ramp-up in new construction restore some bargaining power for buyers, especially in the second half of the year.”.

Earnest money deposit 546

Earnest money deposit Pre-approval Marketing New Construction 546

Housing Wire

MAY 2, 2024

But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. He expects the group to close about $400 million in mortgages this year, representing about 15% of the company’s total. Potempa had a joint venture with OneTrust from March 2022 to March 2024.

Loan Officer 448

Loan Officer Mortgages VA loan Lending 448

Keeping Current Matters

MARCH 17, 2021

Businesses and schools were forced to close, shelter-in-place mandates were enacted, and the economy came to a screeching halt. However, some businesses are still closed, and many schools are still struggling to reopen. Sales are up, prices are appreciating, and more new homes are being built. That industry is housing.

Construction 296

Construction New Construction Residential Industrial 296

Housing Wire

JANUARY 6, 2021

This is the first of the company’s strategic homebuilder partners to offer the services to new-construction customers, and they’re starting with the Florida market. As a partner in Offerpad’s Homebuilder Alliance program , Maronda Homes will offers homebuyers listing and direct sale products when purchasing a new build.

New Construction 279

New Construction Construction Closing Sales 279

Housing Wire

AUGUST 29, 2024

These states are Oklahoma, Texas, Idaho, Florida, Arkansas, Alabama, Tennessee and Utah, with Colorado getting close to positive inventory levels. These destination states have almost all had the highest rates of new construction in the country. But when that migration stops, then the construction pace isn’t fast enough.

Construction 482

Construction New Construction Mortgages Marketing 482