RIS Media

OCTOBER 18, 2024

Department of Housing and Urban Development bears that sentiment out. 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.

New Construction 111

New Construction Construction Residential Development 111

Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. According to Constant Contact, the average open rate for the real estate industry is just under 34%, while the average click rate is 1.31%, and the average bounce rate is 13.84%.

Pre-approval 397

Pre-approval Design Industrial Agents 397

Housing Wire

NOVEMBER 4, 2024

As technology continues to rapidly reshape nearly every aspect of real estate and mortgage, HousingWire’s Tech100 award has become an industry staple, spotlighting the companies driving this transformation each year. “Kiavi launched a new construction financing product. Click here to nominate a tech organization.

Industrial 305

Industrial New Construction Technology Construction 305

Housing Wire

JULY 16, 2024

President Joe Biden released a legislative proposal on Tuesday that’s rankling the real estate industry — nationwide rent control. Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. Housing industry organizations were quick to condemn Biden’s proposal.

New Construction 488

New Construction Construction Land Development 488

Housing Wire

MAY 25, 2022

The real estate industry is in the stages of a seismic shift to fully digital experiences. A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms.

New Construction 482

New Construction Construction Sales Industrial 482

Housing Wire

NOVEMBER 4, 2021

To keep pace with current construction demand, and account for attrition, 740,000 new construction workers are needed each year for the next three years , a report by the Home Builders Institute contends. million new hires for construction. The construction worker shortage has reached crisis level.

Construction 529

Construction Renovation New Construction Development 529

Housing Wire

MAY 16, 2024

A key conclusion is that while new construction creates additional supply for first-time and move-up buyers alike, it comes with an additional expense. While many metro areas currently offer an advantage where you can purchase a new construction home for a similar price or even less than the average area home, there is still a 23.8%

Sales 468

Sales New Construction Construction Finance 468

Housing Wire

MAY 6, 2024

The standard loan application to originate a HECM currently includes Fannie Mae Form 1003, HUD Form 92900-C and Fannie Mae Form 1103, the latter of which is a supplemental consumer information form that has been adopted by the mortgage industry. Following an announcement that the U.S.

VA loan 448

VA loan Principal Residential Loans 448

Housing Wire

JUNE 17, 2021

On a seasonally adjusted basis, the MBA also estimates new home sales fell at an annualized pace of 4% in May, said Joel Kan, MBA’s associate vice president of economic and industry forecasting. Overall, the MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 741,000 units in May 2021.

Sales 511

Sales VA loan FHA loan Loans 511

Housing Wire

SEPTEMBER 4, 2024

The only viable solution to these problems, as other municipal leaders and housing industry experts have previously suggested, is the construction of more homes. The plan also addresses environmental impact concerns of new construction, Rubio said, by paying attention to the floodplain of Portland’s urban center.

Construction 448

Construction New Construction Finance Land 448

Housing Wire

AUGUST 16, 2024

Salim Furth joins Simonsen to share his expert opinions on the current housing crisis and the various factors that impact new development in certain cities. The industry, he says, refers to this principle as “ the housing theory of everything.“ Higher construction costs create a shortage of listings and vice versa.

Land 467

Land Construction Development New Construction 467

Housing Wire

JUNE 27, 2023

Sales of new single‐family houses came in at a seasonally adjusted annual rate of 763,000, according to estimates released jointly Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. 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

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.

Construction 476

Construction New Construction Lending Sales 476

Housing Wire

MAY 2, 2024

“I’ve been in the industry since I was 18, so this year will be 22 years, and I’ve only been in five companies,” Potempa said in an interview. But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market.

Loan Officer 448

Loan Officer Mortgages VA loan Lending 448

Housing Wire

MAY 16, 2023

“While this is fueling cautious optimism among builders, they continue to face ongoing challenges to meet a growing demand for new construction. Lack of existing inventory continues to drive buyers to new construction,” Robert Dietz , the NAHB’s chief economist, said in a statement. “In That share from 2000-2019 was a 12.7%

New Construction 459

New Construction Construction Sales Staging 459

Housing Wire

OCTOBER 19, 2022

Department of Housing and Urban Development. 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. Census Bureau and the U.S.

Construction 468

Construction New Construction Development Residential 468

Housing Wire

JUNE 23, 2021

in May to a 769,000 seasonally adjusted annual rate, according to data released Wednesday by the Department of Housing and Urban Development and the U.S. Regionally, new home sales rose in two of the four regions in May. The post New home sales fall to lowest pace in a year appeared first on HousingWire. Census Bureau.

Sales 476

Sales Construction New Construction Staging 476

BAM Media

MARCH 15, 2025

With 100 homes in the Wolf Ranch development, this isnt some small-scale experimentits proof that 3D printing is changing the housing industry in real time. And with Lennar investing heavily in a 3D-printed housing development, their success could spark a firestorm of 3D home printing across the U.S. Their next project?

Development 59

Development Construction New Construction Agents 59

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Mortgages 448

Mortgages Marketing Banks New Construction 448

Housing Wire

NOVEMBER 10, 2022

Department of Housing and Urban Development. Despite this uptick in construction, multifamily builders likely won’t be making much of a dent in the overall housing shortage over the next year or two. Those same interest rates pushing would-be homebuyers to the sidelines are also hurting developers. Census Bureau and the U.S.

Construction 482

Construction Development Mortgages New Construction 482

Housing Wire

AUGUST 22, 2022

“Mortgage applications to purchase newly built homes weakened in July, as prospective homebuyers continue to delay decisions because of economic uncertainty and still-high home prices and mortgage rates,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting. Department of Housing and Urban Development.

VA loan 370

VA loan FHA loan New Construction Loans 370

Housing Wire

MAY 17, 2023

Department of Housing and Urban Development (HUD). Industry economists attribute the uptick in housing starts and builder confidence to the low level of existing home inventory. However, there was good news for single-family home builders as the pace at which permits were issued rose 3.1% After falling 0.8% month over month.

Construction 418

Construction New Construction MLS Development 418

Housing Wire

JULY 19, 2023

While new construction will not immediately solve the supply problem in the housing market, the recovery in the homebuilding industry and the delivery of more new homes is essential for meeting the nation’s housing needs and easing housing affordability challenges for prospective home buyers,” she said in a statement.

Construction 370

Construction New Construction MLS Lending 370

Housing Wire

APRIL 15, 2022

With more than 20 years of industry experience, Chapman has also held leadership roles at AmeriFirst Financial , Clear Title Agency of Arizona , and First American Financial Corporation. Below, Chapman answers questions about the housing industry: HousingWire: What were some of your biggest takeaways from last year’s HW Annual event?

Title 370

Title New Construction Industrial Construction 370

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. It’s fair to say that 2022 has been a depressing year for homebuilders.

Construction 397

Construction New Construction Fixed-rate mortgage Finance 397

Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Everywhere you look there seems to be bad news for the existing-home market — interest rates remain north of 7% and the median home price nears record levels at more than $410,000 as of June. Taken by Felix Mizioznikov.

Land 370

Land Construction Development Finance 370

Housing Wire

JANUARY 23, 2024

The second avenue for expanding inventory is new construction. The real estate industry must keep up with the big appetite for housing. Real estate agents should keep an eye on new developments and leverage these opportunities to meet the evolving needs of their clients.

Agents 476

Agents Equity New Construction Days on market 476

Housing Wire

MARCH 16, 2023

Department of Housing and Urban Development (HUD). The pace of new construction had been picking up over the past two years. million new housing units were started, which is a little higher than the average annual new starts over the past five decades,” Lisa Sturtevant, the chief economist at Bright MLS, said in a statement.

Banks 448

Banks MLS Construction Finance 448

Housing Wire

OCTOBER 26, 2022

After rebounding in August from a drop in July, new home sales were back down again in September, according to data released Wednesday by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Sales of new single-family homes in September were at a seasonally adjusted annual rate of 603,000, down 10.9%

Sales 370

Sales New Construction Investor MLS 370

Housing Wire

FEBRUARY 8, 2022

This development did not occur overnight: Over the past 20 years, we have “underbuilt” housing by at least 5.5 Supply-side” solutions that focus on new construction and the preservation of the existing housing stock are equally important. America suffers from a severe shortage of affordable homes. million homes.

New Construction 370

New Construction Construction Development Land 370

Housing Wire

NOVEMBER 5, 2021

He has also served as as chief operating officer of Better Homes and Gardens Real Estate, as well as senior vice president of Membership Development for Better Homes and Gardens Real Estate. Below, DeNicola answers questions about the housing industry: HousingWire: To start off, what is your current favorite HW+ article?

Branding 370

Branding Brokerage Construction New Construction 370

Toronto Realty Blog

DECEMBER 9, 2024

Now, at the risk of patting myself on the back here, I want to discuss three issues in real estate that I feel I was exceptionally early in identifying, only to have the late majority jump on the bandwagon much later: 1) Issues in the pre-construction industry. 2) Condo cancellations. You better build that damn house.”

Construction 105

Construction Development Land New Construction 105

Housing Wire

APRIL 17, 2023

Nonetheless, the industry continues to be plagued by building material issues, including lack of access to electrical transformer equipment.” Currently, one-third of housing inventory is new construction, compared to historical norms of a little more than 10%,” Robert Dietz , the NAHB’s chief economist, said in a statement.

Banks 397

Banks Sales New Construction Lending 397

Propmodo

JUNE 20, 2024

CBRE itself sees so much potential in the sector that have decided to buy a data center service provider from a private equity firm Like warehouses and logistics in the pandemic era, the sky’s the limit for data center development. Where these massive new data centers get their power is a critical consideration.

New Construction 122

New Construction Construction Design Development 122

Realty Biz

MARCH 29, 2021

When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. It is not uncommon to see some new housing developments advertise that they offer a builder’s warranty. What is Covered in a New Construction Warranty?

New Construction 107

New Construction Construction FHA loan Branding 107

Housing Wire

FEBRUARY 8, 2024

Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Jane Doe specializes in luxury markets.”

Agents 435

Agents Design Construction Branding 435

RIS Media

AUGUST 2, 2021

If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. The post Could New Construction Help Level Out the Market? Will the result take immediate effect?

New Construction 105

New Construction Construction Marketing Agents 105