Remove Closing Remove Development Remove New Construction
article thumbnail

Tom Davis shares non-QM opportunities to capitalize heading into 2025

Housing Wire

Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Many investors prefer to close in the name of an LLC. Close one loan for a real estate investor and you have a repeat client for life! TD: DSCR loans are one of the easiest and quickest loans to close.

Investor 448
article thumbnail

Midwest, Northeast housing markets stay hot amid national cooldown

Housing Wire

Our new listings have gone up slightly but not enough to keep up with demand. 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. year over year, respectively.

Marketing 388
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Deephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

Housing Wire

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.

article thumbnail

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.

article thumbnail

Zillow’s Orphe Divounguy says homebuilders need help to address affordability

Housing Wire

To start the conversation, Divounguy dives into the past two years of economic developments and how they impact today’s housing market. The conversation closes with Divounguy sharing his framework for tackling the affordable housing crisis in the U.S. This conversation has been summarized and edited for length and clarity.

article thumbnail

Building towards 2050: Ensuring affordable housing in an urbanized America

Housing Wire

Additionally, urbanization is closely linked to the concept of “aging in place,” where more individuals choose to remain in urban areas as they age, necessitating housing solutions tailored to their specific needs. One notable approach is adaptive reuse, which involves repurposing existing buildings for new uses.