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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

If thats not enough, affordability is still a distant dream for most homeowners. Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Also, DSCR five- to nine-unit loans are designed for larger multi-family homes. Why is that important?

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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters.

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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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New planning tool arrives as California prepares for more accessory dwelling units

Housing Wire

A private planning firm in California is launching a new tool to help local governments there prepare for a pending law designed to spur more construction of accessory dwelling units (ADUs). Digital tools like the ADU Plans Gallery reduce the time and cost of building ADUs and accelerate housing construction.”

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Is there a housing inventory ‘silver tsunami?’ Not where it’s needed

Housing Wire

The second view has had large amounts of cold water thrown on it in the past few years as older homeowners say they dont want to sell. But the issue could be compounded by more companies instituting in-office working requirements, or other potential prospects designed to improve the attractiveness of other markets to potential homebuyers. [T]he

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Zillow launches consumer-generated builder review feature

Housing Wire

Buyer-generated content, including consumer reviews of builders, is now available on Zillow and will be viewable on builder profiles, community pages and paid new construction listings. In Zillows Consumer Housing Trends Report, it was revealed that 76% of new construction buyers say reputation is very or extremely important in a builder.

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Citi looks to grow market share with mortgage.com platform

Housing Wire

The site, which was constructed throughout nearly all of 2024, launched post-live quality assurance (QA) and has been up for about a day, Burgard confirmed in an interview with HousingWire. Citi led creative testing throughout the year-long site design and build, and will conduct testing throughout 2025.

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