RIS Media

OCTOBER 18, 2024

According to the bureau’s September Monthly New Residential Construction report,… The post Positive Signs: Single-Family New Construction, Permits Rise in September appeared first on RISMedia. Census Bureau and the U.S. Department of Housing and Urban Development bears that sentiment out.

New Construction 111

New Construction Construction Residential Development 111

Housing Wire

OCTOBER 18, 2024

The number of housing units that came online in September showed a big year-over-year jump, but data on earlier stages of construction suggest not much is coming through the pipeline. That’s according to monthly data on new residential construction from the U.S. But housing completions rose 14.6% month over month.

Construction 459

Construction Staging New Construction MLS 459

Housing Wire

JUNE 6, 2023

Demand from the buyer side has remained steady or increased, however, and new home builders have responded to inventory shortages by increasing speculative inventory production, according to the Federal Reserve Beige Book, released Wednesday. New York – The residential sales market has been strong across the District.

Residential 459

Residential Construction Finance Sales 459

Housing Wire

JANUARY 30, 2025

New construction The reverse mortgage industry has, for a while, aimed to communicate the potential benefits of the Home Equity Conversion Mortgage ( HECM ) for Purchase program as a mechanism for securing a new home by using a reverse mortgage. Some feel like homes arent built like they used to be.

Inspection 266

Inspection Mortgages New Construction Equity 266

Housing Wire

DECEMBER 16, 2021

Construction of single-family homes increased 11.3% million units, while the construction of multifamily units increased 12.9% “Moreover, despite some cooling earlier this year, the continued strength of single-family construction in 2021 means there are now 28% more single-family homes under construction than a year ago. .

New Construction 493

New Construction Construction Residential Development 493

Housing Wire

FEBRUARY 10, 2025

Residential real estate capital provider Kiavi announced Monday that it is expanding into 13 additional states, broadening the company’s reach to 45 states and Washington, D.C. It also closed five RTL securitizations for nearly $2 billion and expanded its product suite by launching a new construction financing product.

Lending 272

Lending New Construction Residential Investor 272

Housing Wire

AUGUST 16, 2024

One key data line that is flagging a path to recession is the loss of residential construction workers. A while back, HousingWire Editor in Chief Sarah Wheeler and I discussed the risk of recession due to a lack of construction labor. Let’s look at today’s residential construction report and see where we are.

Construction 535

Construction Residential New Construction Finance 535

Housing Wire

FEBRUARY 4, 2022

After months of growth, the construction sector lost 5,000 jobs in January from December, due to the loss of 9,500 jobs in heavy and civil engineering construction. As a whole, the construction sector is still 85,000 jobs below its February 2020 level. Residential building construction employment is up 5.3%

Construction 435

Construction Residential New Construction Marketing 435

Housing Wire

DECEMBER 19, 2023

New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Single-family building activity drove November residential construction activity. “The But permits for future construction fell 2.5% Housing starts rose in November, significantly beating expectations. from October.

Mortgages 459

Mortgages Construction New Construction Residential 459

Inman

SEPTEMBER 5, 2023

Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market.

New Construction 190

New Construction Construction Residential Marketing 190

Housing Wire

AUGUST 17, 2020

Last month, Buildfax estimated if single-family authorizations and existing housing activity continue to gain, new construction could stabilize in the Fall. This sentiment is supported by recent data from the National Association of Home Builders that stated residential construction employment rose by 24,000 in July to 2.8

New Construction 516

New Construction Construction Renovation Residential 516

Housing Wire

SEPTEMBER 25, 2024

In Florida, new housing inventory has not grown significantly: the number of newly listed homes stands at 43,081, an 8.8% Florida is a top state for new residential construction, yet Florida homebuilders haven’t reported significant strides in new construction sales either. homebuying process.

Investor 448

Investor New Construction Construction Residential 448

Housing Wire

AUGUST 16, 2024

. “The large inventory of new homes is suppressing building at this point, but with mortgage rates dropping and likely to fall more, we should see a pick up in construction later this year,” Robert Frick, a corporate economist at Navy Federal Credit Union , said in a statement. Single-family permits also declined, falling 0.1%

Construction 478

Construction New Construction MLS Residential 478

Inman

JULY 17, 2024

High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains.

Construction 176

Construction New Construction Residential Marketing 176

Housing Wire

AUGUST 13, 2024

Construction of accessory dwelling units (ADUs) is taking off, but is it bringing down housing costs? A new report from John Burns Real Estate Consulting casts doubt on it, citing uneven geographic distribution of deregulations and the high cost of construction. As a result, the most impactful ADUs are in new construction.

Construction 435

Construction New Construction Equity Residential 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 and 7.3

Construction 476

Construction New Construction Lending Sales 476

Keeping Current Matters

JULY 5, 2021

Early indicators show new-home construction is beginning to ramp up. While new homes alone won’t be able to fix all of the inventory challenges , this does mean you’ll soon have more options as you search for a home. Thus, housing construction is trending upward with housing starts likely to reach 1.6 million in 2022.”.

Construction 289

Construction Residential Branding Industrial 289

Housing Wire

AUGUST 5, 2024

Peerage is a top-10 residential real estate services firm that operates across North America and is closely connected with Sotheby’s International Realty. Its partners include several independent firms that deal in residential resales and new construction marketing. and Canada.

Technology 431

Technology New Construction Residential Construction 431

Housing Wire

MAY 16, 2023

New home construction is taking on an increased role in the marketplace because many home owners with loans well below current mortgage rates are electing to stay put, and this is keeping the supply of existing homes at a very low level ,” Alicia Huey, the NAHB chair, said in a statement. That share from 2000-2019 was a 12.7%

New Construction 459

New Construction Construction Sales Staging 459

Housing Wire

FEBRUARY 12, 2024

residential mortgage market and housing-related assets. In AFR, it’s adding the New Jersey-based, full-service independent mortgage bank that has direct, wholesale and correspondent lending divisions. It also has a niche in construction and manufactured home loan programs.

Lending 452

Lending New Construction Construction Finance 452

Housing Wire

FEBRUARY 13, 2025

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). It also launched a new construction financing product for builders. billion since 2019. The company reportedly originated $6.5

Land 214

Land Investor Principal New Construction 214

Housing Wire

JUNE 27, 2023

Strong new home sales have gotten the new construction industry back on track to deliver much-needed inventory for this undersupplied market. They now supply about 30% of the residential sales market. This has brought a resurgence to the new construction industry with sales rising and home builder confidence climbing.’

Sales 370

Sales New Construction Construction Residential 370

Housing Wire

MAY 6, 2024

HUD also seeks to transition away from the discontinued Fannie Mae Form 1009, the residential loan application for reverse mortgages, to Form 1003, the Uniform Residential Loan Application (URLA). HUD also plans to replace its use of some internal forms, including one used in conjunction with U.S.

VA loan 448

VA loan Principal Residential Loans 448

Housing Wire

NOVEMBER 14, 2023

“Shelter inflation has been coming down slowly since the summer, as new residential construction activity ramped up in 2023,” said Lisa Sturtevant, chief economist for Bright MLS. Even though shelter prices dropped to 0.3% the prior month, they’ve increased 6.7%

New Construction 434

New Construction Construction MLS Residential 434

Housing Wire

OCTOBER 5, 2023

The real estate market in China, both commercial and residential, have been unwinding over the last few years. some luxury residential markets that saw an influx of Chinese buyers could be particularly vulnerable. This could make raising capital for new construction projects harder, and more expensive, everywhere.

Marketing 459

Marketing Residential Investor New Construction 459

Housing Wire

OCTOBER 19, 2022

The new construction industry was not blind to the impacts this will have on housing demand. Builders are starting on construction on fewer single-family houses, but they’ve been breaking ground on more apartments and condominiums. million housing units under construction, an all-time record. from August and 15.7%

Construction 468

Construction New Construction Development Residential 468

Housing Wire

JANUARY 26, 2023

New home sales increased in December — a sign that new residential sales have continued to rebound in recent months. Last month, new home sales increased by 2.3% In addition, the median sales price of new houses that were sold in December dropped to $442,100, and the average sales price dipped to $528,400.

Sales 418

Sales Residential Construction New Construction 418

Housing Wire

NOVEMBER 15, 2023

He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real estate conditions before diving into forecasts for next year. In 2023, new-home sales are up 5% year to date, Yun said.

Sales 482

Sales New Construction Staging Mortgages 482

Housing Wire

JULY 26, 2023

“The market for new homes is booming because the number of existing homes coming on the market has slowed to a two-decade low. It’s a unique housing market, unparalleled in recent years, for the active inventory to be so heavily skewed towards new construction. from a month prior, but down 3.6% compared to June 2022.

Sales 370

Sales New Construction Marketing Construction 370

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. She is a certified home stager with experience in both residential and commercial real estate. Walsh cited Coldwell Banker Realty’s marketing programs as one of the reasons for her return.

Agents 435

Agents Commercial New Construction Title 435

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%. The majority of the supply of homes for sale come from existing homes, not new construction.

Construction 511

Construction New Construction Equity Sales 511

Housing Wire

FEBRUARY 23, 2024

The analysis is limited to resale properties and does not include new construction, which means that build-to-rent activity is excluded. Investors of all sizes purchased 46,419 residential properties in fourth-quarter 2023, according to Redfin data. That amounted to $32.3 billion worth of property, or 10.5% Meanwhile, total U.S.

Investor 448

Investor New Construction Land Residential 448

Housing Wire

NOVEMBER 7, 2024

With broad expertise across the residential spectrum, including single-family homes, mixed-use communities, and projects meeting local governments’ affordability requirements, we will benefit from Scott’s deep understanding of the homebuilding process as lack of supply and new construction issues persist in the U.S.

New Construction 370

New Construction Residential Construction Industrial 370

Housing Wire

MAY 31, 2022

New Western, which specializes in distressed residential investment properties, aims to revitalize $543 million in residential properties in the Chicago market over the next five years. When we help bring distressed properties back to the market, it’s up to 31% less expensive than a new construction home.”.

Mortgages 397

Mortgages Loans Lending Construction 397

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

OCTOBER 6, 2023

But people need homes,” said Kenny Deen, senior account executive at the independent mortgage banker and residential home lender Paramount Residential Mortgage Group. ” Amid the challenging landscape, Guerin, from New Jersey-based AFR, said the company doubled its efforts to do more renovation loans.

Mortgages 493

Mortgages VA loan Finance Renovation 493

Keeping Current Matters

MARCH 17, 2021

Unemployment was under 4% , forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Remarkably, the residential real estate market (including existing homes and new construction) has flourished over the last twelve months.

Construction 296

Construction New Construction Residential Industrial 296