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HUD, USDA reach accord on energy-efficiency standard for new construction

Housing Wire

Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. The implementation timeline varies based on the type and location of new construction.

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Tom Davis shares non-QM opportunities to capitalize heading into 2025

Housing Wire

Agency loans have limitations such as loan amounts, only allowing up to ten financed properties and they don’t accept five to nine units. Ground-up construction growth will be high to meet the population growth and meet the demand due to limited inventory. This will allow them to serve investors, builders and developers.

Investor 448
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Deephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

Housing Wire

For example, 30% of purchase transactions were new construction last year. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors. And, its focusing on areas like construction, non-QM, the fix-and-flip and second lien production. trillion.

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Opinion: More financing options for ADUs are needed

Housing Wire

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. These will help on the margin, but we still need smart lenders to help create even more robust financing options for ADUs.

Finance 501
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Rural America is losing affordable housing at a crisis pace

Housing Wire

It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. This USDA program, however, is in serious trouble. The LIHTC program, administered through the U.S.

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US housing market is now worth a record $52 trillion: Zillow

Housing Wire

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Fueling this increase is new construction, according to Divounguy, even though the 1.3% Over the past year, the value of the U.S.

Marketing 521
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Biden unveils housing proposal that includes nationwide cap on rent increases

Housing Wire

Biden’s new plan would cap annual rent hikes at 5% for two years for landlords who manage 50 or more rental units, which the administration said would cover 20 million units, or roughly half of all rental units in the country. Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation.