Housing Wire

NOVEMBER 27, 2023

New home sales fell on a month-over-month basis in October, but continued to outpace last year’s levels. Meanwhile, low supply and high mortgage rates continued to dampen existing home sales. In October, new home sales reached a seasonally adjusted annual rate of 679,000, according to data published on Monday by the U.S.

Sales 448

Sales New Construction Construction Closing costs 448

Housing Wire

JUNE 17, 2021

Mortgage applications for new home purchases fell 9% month-over-month in May at a seasonally unadjusted pace ? the second consecutive month sales of new homes have dropped, according to data released Thursday by the Mortgage Bankers Association. The official May home sales report is scheduled to release Wednesday, June 23.

Sales 511

Sales VA loan FHA loan Loans 511

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. Previously with Summit Sothebys International Realty , Frost and Lindner have built a reputation for high-impact sales and marketing strategies.

New Construction 312

New Construction Development Branding Construction 312

Housing Wire

NOVEMBER 15, 2023

However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said. By the end of 2023, year-over-year home sales will likely fall by 18% after a 17% decline from 2021 to 2022, Yun noted. In 2023, new-home sales are up 5% year to date, Yun said.

Sales 482

Sales New Construction Staging Mortgages 482

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% January sales fell 2.3% The supply of homes for sale fell to a record low, down 16.5% The supply of homes for sale fell to a record low, down 16.5% Sales of homes priced above $1 million were up 39%. .

Sales 435

Sales New Construction Equity Construction 435

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

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Avoid financing, and you risk missing out on a sales growth opportunity. Beyond that, Deephaven allows up to 3% seller concessions at closing. Why is that important?

Loans 343

Loans Mortgages Equity Construction 343

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% Even with more listings of homes available for sale compared to a year ago, existing-home sales fell in June. and 3%, respectively.

Fixed-rate mortgage 468

Fixed-rate mortgage New Construction Sales Construction 468

Housing Wire

MAY 19, 2021

National median home prices reached $370,528 for the month of April, a 22% increase year over year and a new record, according to a recent study from Redfin. The number of homes for sale also sank to a record-low average of only 19 days on the market. This housing boom is nowhere close to over.”

New Construction 501

New Construction Sales Construction Closing 501

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

DECEMBER 3, 2020

In Ada County specifically, where Boise is located, the number of homes for sale dropped from 1,697 last October to just 355 in October 2020, a 79% decline. 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.

Marketing 534

Marketing New Construction Construction Principal 534

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 and 7.3

Construction 476

Construction New Construction Lending Sales 476

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. Of course, we have to keep watching the sales rate too. Altos Research tracks every home for sale in the country each week.

Sales 534

Sales Mortgages Closing Marketing 534

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

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

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. Most recently, in 2020, she set the record with the sale of a $7.5 This earned her the No.

Agents 435

Agents Commercial New Construction Title 435

Housing Wire

JUNE 6, 2023

“Residential real estate activity picked up in most Districts despite continued low inventories of homes for sale,” the report states. In return, the lack of inventory of homes for sale pushed demand for rental properties in some areas — including New York, Chicago, St. Louis, Kansas City Federal Reserve districts.

Residential 459

Residential Construction Finance Sales 459

Housing Wire

MARCH 8, 2023

In addition, with the vast majority of multifamily units being used as rentals, the new multifamily inventory will do little in the way of addressing for-sale inventory issues and housing affordability challenges caused by the low supply and the Federal Reserve’s interest rate increases.

Marketing 459

Marketing Construction New Construction Mortgages 459

Housing Wire

JANUARY 6, 2022

In November 2021, the supply of homes for sale nationwide as a percentage of occupied residential inventory remained near historic lows at 1.19% — meaning only 119 in every 10,000 homes were for sale — much lower than the historical average of 2.5%. You can’t buy what’s not for sale. It’s not all bad news, however.

Construction 511

Construction New Construction Equity Sales 511

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

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. The number of existing home sales reflects how the housing sector has been impacted by the Fed’s interest rate policies. Existing home sales are down 19.9% year-over-year.

Mortgages 448

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 448

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 307

New Construction Construction Closing Sales 307

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

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. For-sale listings deteriorated in 95% of major U.S. New construction starts and completions were both strong in May, which is welcome news. markets in 2023.

Principal 418

Principal Residential New Construction Land 418

Keeping Current Matters

JULY 27, 2021

Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. That means if we build even more new houses than the norm every year, it’ll still take a decade to close the underbuilding gap contributing to today’s supply-and-demand mix.

New Construction 330

New Construction Construction Equity As-is 330

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 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers.

Agents 476

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.

Lending 370

Lending Banks Technology New Construction 370

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

Housing Wire

AUGUST 29, 2024

Illinois and Connecticut have almost 75% fewer homes for sale now than in 2019. These states are Oklahoma, Texas, Idaho, Florida, Arkansas, Alabama, Tennessee and Utah, with Colorado getting close to positive inventory levels. So If Chicago has a long history of outbound migration, those homes would normally be listed for sale.

Construction 482

Construction New Construction Mortgages Marketing 482

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 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. The solution covers 90% of the U.S.

Industrial 305

Industrial New Construction Technology Construction 305

Housing Wire

OCTOBER 21, 2021

In September 2021, Burlington’s median home sale price was $425,000, a 14.9% Few homes for sale. After losing out on multiple properties, many buyers are turning to new construction. Without listing homes you aren’t going to get closings and we don’t have that many listings right now,” he said.

New Construction 397

New Construction Agents Construction Marketing 397

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

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. To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. So let your personality shine.

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Agents Design Construction Branding 435

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

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.

New Construction 98

New Construction Construction Inspection Branding 98