Housing Wire

SEPTEMBER 19, 2023

Have we finally hit the limits of the massive boom in 5-unit apartment construction that has been a positive driver of jobs and the fight against inflation since January of 2021? A big reason for the huge miss was an epic collapse in 5 unit construction starts; as you can see in the chart below.

Construction 534

Construction Staging Loans Mortgages 534

Housing Wire

JULY 24, 2024

Will the Federal Reserve pivot in time to save construction workers? This is key because, traditionally, residential construction workers are the first to lose their jobs before every recession since higher mortgage rates hit housing first. months , the builders will pause construction. months 274K homes under construction = 5.3

Sales 488

Sales Construction Mortgages Staging 488

Marco Santarelli

JANUARY 22, 2025

The Florida housing market is undeniably hot right now, making headlines with a record-breaking $285 million new construction home hitting the market. According to Realtor.com , this ocean-to-lake estate is poised to shatter records as the most expensive new construction single-family home in the country. Absolutely not!

New Construction 98

New Construction Construction Pre-approval Design 98

Housing Wire

FEBRUARY 12, 2024

While rent growth was positive in January, it remains a far cry from the double-digit growth recorded during the early stages of the COVID-19 pandemic. Meanwhile, more apartments are under construction. The Midwest and the Northeast offered the most growth in rents because there has not been as much new construction in these regions.

Construction 456

Construction New Construction Staging Mortgages 456

Housing Wire

JUNE 23, 2021

The home can be in any stage of construction: not yet started, under construction or completed. Supply-side challenges remained a persistent issue, with the count of new homes sold that had not started construction, up 76% over the last year. A new home sale occurs when a sales contract is signed or a deposit is accepted.

Sales 476

Sales Construction New Construction Staging 476

Housing Wire

MAY 17, 2023

The faster we get 5-unit construction finished, the better we can fight against inflation and get lower mortgage rates. However, you can see why construction employment has stayed firm. As we all know, we have a record number of apartments under construction. So, how many 5-units under construction do we have today?

Mortgages 544

Mortgages Construction As-is Staging 544

Housing Wire

MAY 25, 2022

The real estate industry is in the stages of a seismic shift to fully digital experiences. Furthermore, when it comes to new construction homes, more than one-third of buyers have their interest piqued in a builder while browsing online. Innovation is not just on the construction side — it also can be adopted on the sales side.

New Construction 482

New Construction Construction Sales Industrial 482

Housing Wire

NOVEMBER 27, 2023

There are talks about a “leading company” potentially acquiring California -based Veev, but the negotiations remain in the very early stages, according to Calcalist. Veev said at the time that the funding would be used to scale its operations, accelerate its research and development, and expand construction into new markets.

Bankruptcy 482

Bankruptcy Inspection Investor Staging 482

Housing Wire

NOVEMBER 16, 2023

On the construction side, homebuilders as well as land developers found it hard to finance projects because of high short-term interest rates. Given the lack of existing home inventory, somewhat lower mortgage rates will price-in housing demand and likely set the stage for improved builder views of market conditions in December.”

Construction 487

Construction Staging Finance Land 487

Housing Wire

MARCH 23, 2021

The home can be in any stage of construction: not yet started, under construction or completed. This represents a supply of 4.8 months at the current sales rate. A new home sale occurs when a sales contract is signed or a deposit is accepted.

Sales 532

Sales Construction Staging Development 532

Housing Wire

FEBRUARY 13, 2024

With multiple builders offering an array of home types and floor plans, buyers can find homes that fit their life stage. Although Zonda data shows that pressure on lot supply eased last year, the John Burns report indicates that MPCs will become even more desirable as construction activity ramps up.

Sales 482

Sales Principal Staging Construction 482

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

AUGUST 14, 2024

As the Fed has kept rates high, those higher rates have exacerbated housing costs by dampening new housing construction and increasing borrowing costs.” This should put downward pressure on mortgage rates this fall and winter and will set the stage for a much better season for homebuyers in 2025. year over year in July. The CPI rose 0.2%

MLS 459

MLS Staging Land Construction 459

Housing Wire

JUNE 8, 2023

Gonzalez is taking the stage for, “Strategy and Operations Tactics from the Top,” on Tuesday, October 10. Joining Gonzalez on stage is a power-packed group of female leaders who not only specialize in but also are pros when it comes to change management. Her biggest piece of advice for mortgage leaders in this market? “Be

Staging 394

Staging New Construction Lending Mortgages 394

Housing Wire

DECEMBER 6, 2024

For example, tips on home staging for a quick sale, how to get top dollar for a property, or advice on how to improve curb appeal are all topics that a seller might be interested in. Create content for buyers & sellers Keep in mind you should create content for both buyers and sellers.

Pre-approval 396

Pre-approval Design Industrial Agents 396

Housing Wire

AUGUST 29, 2023

Understanding and optimizing each stage of this funnel is critical to streamline recruitment and attract top-tier talent. With that in mind, let’s break down a successful real estate recruitment funnel and how to optimize each stage: 1. Awareness At this stage, potential recruits become aware of your brokerage and what it stands for.

Brokerage 370

Brokerage Staging Branding Agents 370

Housing Wire

DECEMBER 22, 2023

By directing their energy towards positive and constructive thinking, they set the stage for growth. Those who embrace challenges as opportunities, maintain a strong mindset, and focus on constructive actions will make it through these tough times stronger and better equipped.

Loan Officer 459

Loan Officer Agents Marketing Loans 459

Housing Wire

JANUARY 6, 2023

Notable job gains occurred in leisure and hospitality, health care, construction, and social assistance. The two sectors of the economy that are getting hit are the tech sector and housing, but this is a good report for construction. This chart shows a breakdown of the jobs created and lost.

Mortgages 545

Mortgages Construction Land Staging 545

Housing Wire

NOVEMBER 15, 2023

Yun took the stage on Tuesday at NAR NXT , the trade group’s annual conference in Anaheim, California. Meanwhile, he counts on home builders to ramp up new construction, as the existing-home inventory shortage lifts demand for new homes. ” According to Yun’s forecast, mortgage rates will fall to between 6% and 7% by spring 2024.

Sales 482

Sales New Construction Staging Mortgages 482

Housing Wire

JANUARY 13, 2023

Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. Fortunately, it’s not all bad news. of builders showed profitability with $1 million plus contracts on average. Subcontractor Delays.

Marketing 493

Marketing Construction Industrial Staging 493

Housing Wire

FEBRUARY 9, 2024

The market saw a brief reprieve in lot availability as starts slowed, but the fourth quarter data captures the return of tightening as builders step up construction activity,” Zonda chief economist Ali Wolf said in a statement. “75% On a quarterly basis, supply fell by 3.2%. “The

Land 458

Land Development Staging Residential 458

Housing Wire

SEPTEMBER 3, 2022

From BLS: Below are the areas where the report says jobs were created, and the construction job growth data is encouraging to see. Also, we must be mindful that multifamily construction has been good this year, with rental demand still solid. However, the America is Back recovery model worked well in 2020, and I retired it on Dec.

Staging 493

Staging Construction As-is Equity 493

Housing Wire

APRIL 23, 2024

But the builders will halt permits in a second if they don’t think they can sell these homes once they’re completed, so we might be in the early stages of seeing a decline in single-family permits, like we saw in 2022. Yes, you read correctly — we have 89,000 completed new homes for sale!

Sales 514

Sales Staging Mortgages Residential 514

Housing Wire

SEPTEMBER 12, 2024

To predict a recession, Mohtashami reviews residential construction job numbers and manufacturing rates. We’re at that stage of this cycle where the Fed, on purpose, went to attack the labor market more than inflation ,” he says. Mohtashami shares his unique recession prediction model with the hosts.

Loan Officer 466

Loan Officer Lending Staging Industrial 466

Housing Wire

JANUARY 5, 2024

And the third is the most important one at this stage of the cycle: 3. Employment continued growing in government, health care, social assistance, and construction, while transportation and warehousing lost jobs. (We eventually got to 12 million ) We’re now down to 8.8 That checked off roughly on schedule, see here.

Marketing 511

Marketing Staging Land Construction 511

Keeping Current Matters

OCTOBER 14, 2020

Mark Fleming, Chief Economist for First American , just reported : “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. Many industries have been devastated by the economic shutdown caused by the COVID-19 virus.

Sales 337

Sales Construction Staging Residential 337

Housing Wire

SEPTEMBER 18, 2024

Builders are starting to realize that the real profit margin in new construction is in the upgrades that buyers choose ,” he said. Whether they’re first-time homebuyers, and we’re helping them crowdfund their down payment, or we’re preparing them for a comfortable retirement with a reverse mortgage, we’re there for them at every stage.”

Loans 459

Loans New Construction Mortgages Lending 459

Housing Wire

JULY 17, 2023

Virtual home staging According to Realtor.com, staging a 2,000-square-foot home typically costs between $2,000 and $2,400 per month. This significant expense poses a considerable operating cost for real estate agents who adopt traditional staging methods.

Technology 352

Technology Staging Development Agents 352

Housing Wire

JUNE 24, 2022

PWB has also been a convener to talk about issues and challenges of the day, such as the labor shortage, and share resources that encourage construction training opportunities and leadership paths for women in the industry. There are lucrative opportunities in construction. A book tour is planned for the fall.

Construction 370

Construction Residential Development Industrial 370

Inman

OCTOBER 12, 2023

Fostering a feedback culture sets the stage for greater collaboration and performance improvement across your organization. Luxury consultant Chris Pollinger offers the strategies you need to make it happen.

Construction 193

Construction Staging Brokerage Agents 193

Housing Wire

JUNE 3, 2022

Look at the jobs data and which sector added jobs in March: Construction jobs came in positively, but retail trade took a big hit. Job openings in construction and manufacturing have picked up recently. Months are homes under construction 0.8 And the unemployment rate currently stands at 3.6%. Ghost Supply 2.2

Construction 529

Construction Sales As-is Staging 529

Keeping Current Matters

AUGUST 9, 2021

That’s because each stage of the process involves numerous contractors, specialists, lawyers, town and city officials, and so many other professionals. When you buy or sell a home, you’re leaving a lasting impression on the community at large in addition to fulfilling your own needs.

Sales 305

Sales Staging Construction Land 305

Housing Wire

JULY 8, 2022

Looking at the jobs data and which sector added jobs in March, construction and manufacturing jobs came in positively, and we only lost jobs in the government. Job openings in construction and manufacturing have picked up recently. It’s another progression red flag, the more mature stage of the economy.

Construction 525

Construction Staging As-is Sales 525

Keeping Current Matters

OCTOBER 20, 2021

If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting for. While today’s supply of homes for sale is still low, the number of newly built homes is increasing.

Construction 283

Construction Staging Design Sales 283

Housing Wire

APRIL 22, 2021

A year after issuing its first Single-Family Green Mortgage Backed Security on Earth Day 2020, Fannie Mae has now completed 25 transactions for the program, totaling $167 million in bonds backed by mortgages on newly constructed, energy-efficient homes. ENERGY STAR 3.0

Fixed-rate mortgage 442

Fixed-rate mortgage Finance Investor Loans 442

Housing Wire

APRIL 3, 2024

The only entity to be immediately impacted in the initial rebranding stage is Ocwen itself, but a version of the new name is expected to roll out to both Liberty and PHH at some point in 2024. It has constructed a servicing platform while adding multi-asset originations and asset management capabilities. Ocwen Financial Corp.,

Branding 430

Branding Mortgages Staging Equity 430

RIS Media

SEPTEMBER 28, 2023

The art of staging not only helps prospective buyers envision themselves in a home, it also aids real estate professionals as they work to close quicker and for top dollar. Offering a full-picture enterprise, Nikki Watson brings her expertise in home design, staging and construction to her Dallas- and Atlanta-based company, The Design Quad.

Staging 122

Staging Design Construction Closing 122