Housing Wire

APRIL 25, 2023

Buyers have begun to adjust to the elevated mortgage rate levels, especially in areas where home prices have adjusted downwards to compensate,” Kelly Mangold, the principal of RCLCO Real Estate Consulting , said in a statement. On a year-over -year basis, however, new home sales are still down 3.4%. This represents 7.6

Sales 435

Sales Construction New Construction Principal 435

Housing Wire

FEBRUARY 23, 2024

million, which will go toward organizations aiming to boost housing inventory and availability through methods including off-site construction and office-to-residential conversions. “As We need to think creatively, from innovative construction methods to office-to-residential conversions.

Construction 459

Construction Land Residential Principal 459

Housing Wire

JULY 31, 2024

Department of Housing and Urban Development (HUD) visited the University of Alaska at Fairbanks to tout the possibilities that 3D printing technology could bring to the construction of affordable housing in the U.S. A key goal for the project includes the deployment of local and sustainable resources for construction materials.

Construction 459

Construction Technology Principal Development 459

Housing Wire

FEBRUARY 13, 2025

The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. It also launched a new construction financing product for builders. The company reportedly originated $6.5 billion in loan volume last year, up 46% from 2023.

Land 222

Land Investor Principal New Construction 222

Housing Wire

JANUARY 3, 2024

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. They are one of the first tribes to be approved for the program, according to the announcement. The program’s initial roll-out will take place in Ochelata, Okla.

Construction 448

Construction Principal Development Loans 448

Housing Wire

FEBRUARY 13, 2024

“Master-planned communities continue to attract buyers and outperform the overall new home market by offering a lifestyle, which elevates and links a collection of neighborhoods,” Ken Pearlman, managing principal at John Burns Research & Consulting, said in a statement.

Sales 482

Sales Principal Staging Construction 482

Housing Wire

MAY 10, 2024

Consistent with prior transactions, investors will benefit from a two-year revolving period during which they can reinvest their principal payoffs to purchase additional newly originated loans. The deal drew significant interest from institutional investors. Barclays Capital was the sole entity responsible for structuring the deal.

Closing 395

Closing Principal Investor Residential 395

Housing Wire

JANUARY 18, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.460 million units, down 4.3% Looking ahead, homebuyers who may be looking to purchase a new construction home may continue to struggle with lack of inventory in 2024, as the overall estimated number of building permits issued in 2023 was down 11.7% compared to 2022.

New Construction 488

New Construction Principal Construction Mortgages 488

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. The demand is clear — the Boise housing market has just 0.3

Marketing 534

Marketing New Construction Construction Principal 534

Housing Wire

JANUARY 31, 2024

CoreLogic Principal Economist Molly Boesel told HousingWire the 2022 price boom was largely “a spillover from the for-sale market,” which has been stuck in a prolonged inventory crunch in the present high-mortgage-rate environment. Nationally, multifamily construction has grown at a faster rate than single-family construction.

Principal 482

Principal Construction Property Management Mortgages 482

Housing Wire

MARCH 1, 2024

.” Take a look at the full list of this year’s honorees below!

Finance 468

Finance Principal Construction MLS 468

Housing Wire

MAY 6, 2024

MBA and NRMLA each state that they are generally supportive of the proposed changes, which include wholesale revisions to the lender table for the best estimate of the total cost of a refinancing to the borrower, as well as increases to the borrower’s principal limit.

VA loan 448

VA loan Principal Residential Loans 448

Housing Wire

OCTOBER 1, 2024

It has built an MSR platform with 608,000 loans, representing $192 billion in unpaid principal value (UPB) and $2.8 Annaly has $75 billion in assets invested across its agency mortgage-backed securities (MBS), residential credit and MSR strategies. billion in market value as of June 30. billion as of June 30.

Closing 434

Closing Principal Loans Finance 434

Housing Wire

NOVEMBER 24, 2020

Principal Broker and CEO of Urban District Realty Ryan Fiero said that demand for the product led to the decision to make PROJETO available to more in the industry. This scanning service will focus on custom model creation for properties that are still under development and/or construction.

Principal 459

Principal Residential Commercial Development 459

Housing Wire

MARCH 21, 2022

Construction-only loans. A loan is not wrapped under RESPA if it is a construction-to-permanent loan. Custom homes are frequently developed, and the site is used as security for a short-term construction loan to complete the project. However, RESPA applies to a construction-to-permanent loan inside one bundle.

Agents 370

Agents VA loan Land Construction 370

Housing Wire

SEPTEMBER 19, 2023

Among other factors, the fact that apartment construction is at a five-decade high largely contributed to the easing of rent prices, according to Bright MLS Chief Economist Lisa Sturtevant. metros recorded annual cost decreases in July,” Molly Boesel, principal economist for CoreLogic, said in a statement.

Principal 459

Principal MLS Construction Marketing 459

Housing Wire

JUNE 20, 2023

million single-family and multifamily housing units under construction in the United States, approaching the highest levels recorded in the last 50 years. According to the Census Bureau, there were 695,000 single-family units under construction in May, which was down from April and about 135,000 below the peak in May 2022.

Principal 397

Principal Construction Technology Marketing 397

Housing Wire

SEPTEMBER 14, 2023

That record provides pool-level aggregate information about the extent of loans and unpaid principal balance (UPB) dollars that are in low- and moderate-income areas, with a chart illustrating the percentage of loans, percentage of UPB of ESG-flagged pools and/or loans and totals of the total portfolio over the last 12 months.

Principal 434

Principal Investor Loans New Construction 434

Housing Wire

APRIL 15, 2024

down payment through a [FHA] loan (principal/interest only) in January 2021, the monthly payment on a median home would have been $1,363.00 million new housing units are under construction nationwide right now because of it. Utilizing a 3.5% at the market interest rate of 2.82%,” Gov. Lombardo said in his letter. A record 1.7

FHA loan 459

FHA loan Land Principal Development 459

Housing Wire

JULY 19, 2024

The new term sheet details several differences from the current HMBS program, including a reduction in the HMBS pool size to 95% of the loan’s total unpaid principal balance (UPB). Financing counterparties and balance-sheet participants can be more constructive on growth, putting capital where it’s necessary to grow the business.”

Development 459

Development Industrial Mortgages Fixed-rate mortgage 459

Housing Wire

APRIL 4, 2024

Announced by Marion McFadden, HUD principal assistant secretary for community planning, at a Habitat for Humanity event in Nashville, the $13.5 Department of Housing and Urban Development (HUD) on Thursday announced a new series of affordable housing grants totaling $13.5

Equity 365

Equity Principal Development Construction 365

Eye on Housing

DECEMBER 18, 2020

For the third quarter of 2020, NAHB’s Home Building Geography Index (HBGI) found construction gains for traditional second home markets. High-concentration second home counties were defined based on the proportion of the local housing stock that are non-rental properties and not classified as their taxpayer principal residences.

Construction 131

Construction Marketing Principal Design 131

Housing Wire

OCTOBER 20, 2020

Sweat equity, accessory dwelling unit construction and manufactured/factory-build housing were also initiatives the housing giant was pursuing. And that’s the rationale for this change, as the GSEs are shouldering significant risks associated with the pandemic — as the principal risk taker, we have to price that risk appropriately.”

Land 508

Land Principal Mortgages Equity 508

Housing Wire

JULY 10, 2023

New construction starts and completions were both strong in May, which is welcome news. As of June 22, with 30-year rates at 6.67%, the principal and interest (P&I) payment needed to buy the median-priced home rose to $2,258, marking the highest payment on record. For-sale listings deteriorated in 95% of major U.S. markets in 2023.

Principal 418

Principal Residential New Construction Land 418

Housing Wire

JULY 26, 2023

HUD will aim to support researchers as local communities, counties and states seek to find new solutions to housing shortages according to Solomon Greene, principal deputy assistant secretary for policy development and research at HUD. Interested parties can apply through the U.S. government’s online grants portal.

Residential 370

Residential Principal Development Finance 370

Housing Wire

MAY 16, 2024

Six specific policy changes were assessed, with the goal of determining the impact such policies introduced “to reduce risks and losses to the FHA program or, in some cases, to increase benefits to the borrower.”

Loans 452

Loans Equity Principal Development 452

Housing Wire

APRIL 19, 2021

Our ability to handle multi-jurisdictional complexity and distribution diversity are our principal strengths, and Qualia fortifies our ability to manage these attributes and positions us to scale our business more rapidly,” said Susan Kenney Cotter, Passport Title chief officer.

Title 346

Title Principal Closing Construction 346

Housing Wire

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. Marty Green, principal with mortgage law firm Polunsky Beitel Green , described increasing affordability pressures in the housing market as “throwing cold water on what was a frenzied residential real estate market.”. Kurt Carlton, President of New Western.

Mortgages 448

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 448

Housing Wire

SEPTEMBER 21, 2023

While homebuilder sentiment is clearly impacted by the recent surge in mortgage rates , permits for single-family homes provide a positive outlook for the pace of construction in the year ahead. In my view, this means the mortgage interest rate environment will continue to bounce sideways through the next several months,” Green said.

Banks 448

Banks Mortgages Principal Commercial 448

Housing Wire

JULY 27, 2023

million units last month , supply is mostly coming from multifamily rental construction. With affordability challenges to persist, demand for new housing construction will follow. Powell also said more supply was coming. Though housing starts boomed in May and fell slightly to a seasonally adjusted 1.43

Construction 370

Construction Mortgages Sales Banks 370

Housing Wire

MARCH 20, 2023

Ironically, the dramatically slower sales pace will actually increase inflation in the housing sector , as many builders have already reduced their plans for future home construction , which will exacerbate a housing deficit that has been building for over a decade. Although February single-family housing starts ticked up 1.1%

Banks 418

Banks Mortgages Fixed-rate mortgage Loans 418

Sotheby's International Real Estate

JANUARY 20, 2022

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Ordino, The Principality of Andorra | Narcís Socías Tomàs, Andorra Sotheby’s International Realty .

Principal 96

Principal Residential Development Branding 96

Marco Santarelli

APRIL 5, 2025

Rising Construction Costs: Building a new home isn't cheap. If mortgage rates were at 5% , your monthly principal and interest payment might be around $2,147 (this doesn't include property taxes, insurance, etc.). For that same $400,000 home, your monthly principal and interest payment would be closer to $1,910.

Mortgages 95

Mortgages Principal Construction Investor 95

Housing Wire

NOVEMBER 2, 2022

A housing recession is here, Marty Green, principal at Polunsky Beitel Green , emphasized. . While low housing inventory and sluggish new home construction still remain a challenge in the housing market, buyers are better positioned to negotiate contracts with contingencies, Davidson added.

Industrial 435

Industrial Mortgages Fixed-rate mortgage Principal 435

Realtor.com

OCTOBER 15, 2020

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. So, before closing on a new-construction home, here are some things you need to consider. They don’t make ’em like they used to” is a common phrase that refers to the solid construction of many older homes. The builder’s reputation.

New Construction 138

New Construction Construction Purchase and sale agreement Design 138

Housing Wire

FEBRUARY 22, 2022

At the same time, those options trigger specific additional requirements from investors, including reporting principal and interest collection activity, drafting funds due to the investor, resolving any reporting or drafting discrepancies, and reconciling custodial accounts.

Commercial 418

Commercial Investor Loans Mortgages 418

Calculated Risk Real Estate

DECEMBER 5, 2024

The third quarter of 2024 saw the most new apartment completions for a single quarter in fifty years, and with more than 800 thousand units still in the construction pipeline, the supply boom has runway to continue into 2025. median rent continued to decline year-over-year for the fifteenth month in a row , down $14 or -0.8%

Principal 110

Principal Construction As-is Sales 110