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

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 Agents 435

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 447

Sales New Construction Construction Closing costs 447

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 432

Closing costs Short sale Technology New Construction 432

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

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

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 446

Sales New Construction MLS Construction 446

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 433

Technology Branding New Construction Construction 433

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 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

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

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%

Construction 476

Construction New Construction Lending Sales 476

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

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

MARCH 8, 2023

If only single-family homes are considered, the rate of housing starts would need to triple to keep up with demand and close the existing 6.5 Homebuilder sentiment plummeted from 83 in January 2022 to 31 in December 2022, as mortgage rates rose, cooling homebuyer demand and making new construction more expensive for homebuilders.

Marketing 459

Marketing Construction New Construction Mortgages 459

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

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

Keeping Current Matters

JULY 27, 2021

million housing units during the next 10 years, while accounting for historical growth, new construction would need to accelerate to a pace that is well above the current trend , to more than 2 million housing units per year.”. “Looking ahead, in order to fill an underbuilding gap of approximately 5.5

New Construction 338

New Construction Construction Equity Marketing 338

Housing Wire

JULY 10, 2023

While prices are still well below peak levels across the West and in many pandemic boom towns, price firming in recent months has begun to close those gaps. New construction starts and completions were both strong in May, which is welcome news. Austin, Texas, is a notable exception. markets in 2023.

Principal 418

Principal Residential New Construction Land 418

Housing Wire

FEBRUARY 18, 2022

Garage doors are taking months to arrive, delaying closings. The good news is there are several directions from which more supply may come, said Matthew Speakman, an economist at Zillow. Homebuilders are still struggling to obtain lumber, windows and appliances.

Sales 435

Sales New Construction Equity Construction 435

Housing Wire

MAY 28, 2024

Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing. Expect that demand to be noticeable if the 30-year fixed rate gets close to 6.5%.

Sales 534

Sales Mortgages Closing Marketing 534

Realtor.com

OCTOBER 15, 2020

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. So, before closing on a new-construction home, here are some things you need to consider. Quality of the build. Possible upgrades and design options.

New Construction 138

New Construction Construction Purchase and sale agreement Design 138

Housing Wire

AUGUST 29, 2024

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.

Development 459

Development Renovation New Construction Land 459

Realty Biz

MARCH 4, 2024

Embarking on the journey of purchasing new construction, particularly a freshly constructed one, is a thrilling venture brimming with anticipation. So, What Isn’t Included with a New Construction Home? The post What Isn’t Included with a New Construction Home?

New Construction 95

New Construction Construction Closing As-is 95

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. With the coming together of interest rate drops, the persistent, continued low inventory levels and 2023 being recorded as the slowest year for U.S.

Agents 476

Agents Equity New Construction Days on market 476

Realtor.com

JANUARY 11, 2023

Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes.

New Construction 110

New Construction Construction VA loan Finance 110

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 259

New Construction Construction Closing Sales 259

Housing Wire

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. “We do not see new construction returning in a meaningful way any time soon. Our macro-outlook is that demand for housing will remain out of balance with supply for the mid to long term.

Mortgages 448

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 448

Housing Wire

NOVEMBER 4, 2024

Take a look below to see the latest from last year’s winning organizations who answered the question: What new products or projects has your company taken on since its last TECH100 win? “Kiavi launched a new construction financing product.

Industrial 301

Industrial New Construction Technology Construction 301

Housing Wire

JANUARY 6, 2022

The majority of the supply of homes for sale come from existing homes, not new construction. If supply chain issues ease, those new homes will come to market and add some modest supply relief, but today’s acute supply shortage will be hard to undo. What about existing homes?

Construction 511

Construction New Construction Equity Sales 511

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 284

Construction New Construction Residential Industrial 284

Maximum Exposure Real Estate

JANUARY 7, 2023

Having a Realtor For New Construction is Smart! Do I need a real estate agent when buying a new home? The pros of using a Realtor for new construction far outweigh the cons. It’s not even close. The post Do You Need a Real Estate Agent Buying New Construction?

New Construction 98

New Construction Construction Agents Closing 98

HomeLight

OCTOBER 26, 2022

According to Florida’s Office of Economic and Demographic Research, the state gained approximately 329,000 new residents between April 2020 and April 2021. New construction is growing just as fast to accommodate the influx — in 2021, 213,494 new housing units were authorized in Florida and nearly 70% were single family homes.

New Construction 111

New Construction Construction Agents Design 111

Housing Wire

JUNE 6, 2023

However, fluctuations in mortgage rates have caused buyers to pull back, with pending sales and closed sales both down in this District. Builders have been offering strong incentives to close deals. However, there have been reports of rising retail rents in some areas because of a lack of high-quality new construction.

Residential 459

Residential Construction Finance Sales 459

Propmodo

JUNE 20, 2024

One company reported lowering the cost of building a 45-megawatt European facility by 20 percent and slashing construction time to 11 months from 17 months by using prefab building components and modular components for electrical and cooling systems. Close proximity power generation is another growing need for hyperscale data centers.

New Construction 122

New Construction Construction Design Development 122