Housing Wire

DECEMBER 3, 2020

Steven Caporale, founder and principal of Accel Realty Partners in Boise, has been in the industry for 25 years and said he’s never seen the housing market look like this. “In New construction continues to take more and more of our market,” Dopp said. Next year, it’ll probably be close to 50%.”.

Marketing 534

Marketing New Construction Construction Principal 534

Housing Wire

JUNE 17, 2021

On a seasonally adjusted basis, the MBA also estimates new home sales fell at an annualized pace of 4% in May, said Joel Kan, MBA’s associate vice president of economic and industry forecasting. Overall, the MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 741,000 units in May 2021.

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Sales VA loan FHA loan Loans 511

Housing Wire

NOVEMBER 28, 2023

“With access to cutting-edge tools like Performance Tracker, Compass AI , and the innovative Compass Collections, we are poised to enhance our client experience and deliver unparalleled service through the industry’s leading technology platform.” The team specializes in buyer and seller representation as well as new construction.

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New Construction Technology Construction Industrial 435

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. Like Walsh, Speer has 20-plus years of experience in the industry. This earned her the No.

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Agents Commercial New Construction Title 435

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. million, but 4.1%

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Construction New Construction Lending Sales 476

Housing Wire

MAY 2, 2024

“I’ve been in the industry since I was 18, so this year will be 22 years, and I’ve only been in five companies,” Potempa said in an interview. But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market.

Loan Officer 448

Loan Officer Mortgages VA loan Lending 448

Housing Wire

NOVEMBER 3, 2023

Not available anywhere else in the industry today, consumers can gather inspiration on social media networks like Pinterest, upload photos of their dream home and homegeniusIQ, homegenius Real Estate’s proprietary technology, will instantly analyze the photos and present homes with similar features.

Closing costs 435

Closing costs Short sale Technology New Construction 435

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. Mortgage rates have nearly doubled to around 6.5%

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Mortgages Loan Officer Pre-approval Fixed-rate mortgage 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. However, some businesses are still closed, and many schools are still struggling to reopen. Bottom Line.

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Construction New Construction Residential Industrial 296

Housing Wire

FEBRUARY 18, 2022

percent sales growth in January was good news, the drop in for-sale inventory to an all-time low at 860,000 units is a cause for concern,” said Joel Kan, the Mortgage Bankers Association’s AVP of economic and industry forecasting. Garage doors are taking months to arrive, delaying closings. . “While the 6.7

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Sales New Construction Equity Construction 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.

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New Construction Marketing VA loan Construction 98

Housing Wire

JANUARY 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. The second avenue for expanding inventory is new construction. The real estate industry must keep up with the big appetite for housing.

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Agents Equity New Construction Days on market 476

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

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Lending Banks Technology New Construction 370

Housing Wire

APRIL 26, 2023

Bridge loans are popular among his clients since they allow homeowners to tap into their equity when buying a home, as well as a professional mortgage where buyers in a specific industry can make a 10% down payment without mortgage insurance, Parkinson explained. Niche loans consist of about 5% of Parkinson’s business. “It’s

Loan Officer 418

Loan Officer Mortgages Loans Closing costs 418

Housing Wire

OCTOBER 21, 2020

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. “Anything right outside of Boston is going like wildfire, but especially the single-family homes.”

Marketing 545

Marketing Agents New Construction As-is 545

RIS Media

APRIL 22, 2022

In this highly competitive housing market, the persistent low inventory of existing homes has led many buyers to look to new construction as an opportunity to customize a home to their needs, without having to beat other buyers to the closing table. The result has frustrated many new construction buyers.

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New Construction Construction Inspection Branding 98

Propmodo

JUNE 20, 2024

Driven by the need to power new AI technologies, developing these mega-data center campuses is leading to creative approaches for tech firms to acquire power and closer collaboration between the data center industry and energy companies to ensure the grid holds up. There have yet to be any announcements for gigawatt-scale data centers.

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New Construction Construction Design Development 122

Housing Wire

JUNE 10, 2022

Based in New Jersey, Esser and her team have been recognized as the No. 1 agent in Tenafly, New Jersey and the No. Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? HousingWire: What are 2-3 trends that you’re closely following? .

Construction 397

Construction Closing New Construction Agents 397

Housing Wire

FEBRUARY 8, 2024

They’ll want to know you have what it takes to close the type of deal they are looking for, and that you can help them reach their financial goals. Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” But on a more basic level, people like to connect human-to-human. So let your personality shine.

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Agents Design Construction Branding 435

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” Neal said such a government-sponsored long-term rate buydown program also could be good for the housing industry as well.

Marketing 435

Marketing FHA loan Loans Mortgages 435

HomeLight

APRIL 13, 2023

However, there’s another set of fees and charges you must be prepared for, and those are closing costs. According to ClosingCorp, which provides real estate closing cost data for the mortgage industry, closing costs in Florida, including transfer taxes, average 2.3% Find a Buyer's Agent What are closing costs?

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Closing costs Closing Title Inspection 103

Toronto Realty Blog

DECEMBER 9, 2024

Now, at the risk of patting myself on the back here, I want to discuss three issues in real estate that I feel I was exceptionally early in identifying, only to have the late majority jump on the bandwagon much later: 1) Issues in the pre-construction industry. 2) Condo cancellations. Some people don’t change.

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Construction Development Land New Construction 105

Housing Wire

SEPTEMBER 13, 2024

HousingWire real estate reporter Jeff Andrews sat down with Serhant to talk about the show, how it changed his life and the brokerage, and what he sees coming in the industry following the commision settlement by the National Association of Realtors (NAR). That show was called “Million Dollar Listing New York.”

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Brokerage Branding Agents MLS 432

BAM Media

MAY 28, 2024

BAM Key Details: About one-third of single family homes for sale in the first quarter of 2024 were new construction, roughly the same as last year but nearly double pre-pandemic levels. New builds made up about one-third (33.4%) of all homes for sale in Q1 2024—pretty close to last year’s share but down from a record high of 34.5%

New Construction 59

New Construction Construction Sales Closing costs 59

Marco Santarelli

APRIL 17, 2024

This downturn coincided with a surge in mortgage rates, with the benchmark 30-year fixed rate loan inching close to 7%, casting a shadow over the housing market. In March, the pace of new construction witnessed a substantial slowdown, evidenced by a 14.7% decrease in housing starts compared to the previous month.

New Construction 52

New Construction Construction Mortgages Industrial 52

BAM Media

MARCH 11, 2025

years on average to close the gap41 years in the Midwest alone. At the current pace of construction, closing the housing gap will take an estimated 7.5 The Regional Divide: South vs. Midwest Not all regions are in the same boat when it comes to closing the housing gap. million home shortage across the U.S., is facing a 3.8

Construction 59

Construction Closing New Construction As-is 59

BAM Media

OCTOBER 10, 2024

How many times have you worked with buyers who said they wanted a charming three-bedroom, two-bath home, only to end up buying a four-bedroom, new construction? For industry news, edutainment, and humor, sign up for the BAM newsletter. And it’s our job to help them figure it out.

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Closing New Construction Agents Construction 94

Marco Santarelli

MARCH 18, 2025

Impact on Housing Supply Chains: Increased Construction Costs: Tariffs on imported building materials like lumber, steel, and aluminum will drive up construction costs. This means new homes will be more expensive to build, potentially leading to fewer new construction projects.

Marketing 87

Marketing Investor Purchase and sale agreement Construction 87

The Close

FEBRUARY 2, 2024

At The Close, we always have our finger on the pulse, so we know that some real estate trends come and go, and some change our industry forever. More specifically, one of the hottest real estate industry trends is people moving to the South. It’s no wonder it’s one of the top trends in the real estate industry.

Industrial 75

Industrial Construction New Construction Development 75

Marco Santarelli

APRIL 6, 2024

in homes for sale, closely followed by Austin, TX, with 18.1%. Adaptation in Construction: The construction industry, faced with challenges precipitated by the pandemic, has adapted remarkably. Where Recovery Takes Root San Antonio leads the charge with a remarkable surge of 27.1%

Marketing 111

Marketing New Construction Construction Equity 111

Marco Santarelli

DECEMBER 5, 2024

There's also the possibility that there will be more new rental units coming onto the market as new construction projects that were started during the pandemic are completed. The Real Estate Industry Will Consolidate Redfin predicts that the real estate industry will see more companies merging and buying each other up.

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Marketing Construction Sales Mortgages 98

Marco Santarelli

MARCH 20, 2025

As someone who has been watching the real estate market closely for years, I can tell you that spring is typically a busy season. The tech industry drives a lot of demand here, and people with high-paying jobs are eager to invest in real estate. Also, consider the terms of each offer, such as contingencies and closing dates.

Pre-approval 52

Pre-approval New Construction Marketing Inspection 52

Realtor.com

DECEMBER 7, 2020

Now these markets aren’t cheap—not even close. But most are still less expensive than San Francisco, New York, and Los Angeles. The housing markets in tech towns are thriving because that industry is doing well,” says realtor.com Chief Economist Danielle Hale. Median home list prices are anticipated to rise 6.9%

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Marketing New Construction Construction Land 143

Calculated Risk Real Estate

APRIL 4, 2024

From Moody’s Analytics Economists: Apartment and Retail in Holding Pattern, Office Evolution and Stress Continued, And Industrial Fundamentals Leveled Off National multifamily vacancy stayed flat at 5.5% , but new constructions are getting absorbed at a slightly faster speed. year-over-year.

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New Construction Construction Industrial Closing 130

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. Updated August 31, 2021.

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Agents New Construction Purchase and sale agreement Construction 128

HomeLight

OCTOBER 29, 2021

If living in a brand new house with no footprint other than yours appeals to you, you might be thinking about a new build. New construction gives you the chance to move into a house that is exactly what you want because you get to choose everything, from the builder and lot, right down to the light fixtures and bathroom hardware!

New Construction 103

New Construction Construction Inspection Development 103

BAM Media

MAY 28, 2024

Your buyer did WHAT in my seller’s new construction toilet that isn’t hooked up to plumbing yet??” What do you mean there’s an open conservation commission Order of Conditions on the deed from 1977 and we can’t close until it’s resolved, which could very likely mean we have to push out the closing date.”

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Title search Title New Construction Closing 105