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The 11 do’s and don’ts of buying a new build

Housing Wire

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. Cosmetic updates like flooring, paint or finish work can sometimes be done after closing at a lower cost.

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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.

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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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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.

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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.

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How New Hampshire is looking to alleviate its housing crisis

Housing Wire

If you can attract someone right out of college or early in their career to stay or come to New Hampshire, apartment living is a great option for people at that stage in their life, said Rob Dapice, the executive director and CEO ofNew Hampshire Housing. Housing industry experts attribute this to the states restrictive zoning laws.

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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.