Housing Wire

MAY 16, 2024

As homebuyers continue to grapple with a lack of existing homes for sale, the market for new homes continues to see strong demand, and some areas of the country — including Sun Belt states — are producing new homes at a relatively rapid rate. In March the average home sale price in the U.S. SmartAsset noted that U.S.

Sales 468

Sales New Construction Construction Finance 468

Housing Wire

FEBRUARY 13, 2024

We were down by about 30% in (home) sales last year, but generally our members are very optimistic that there is going to be a significant rebound this year.” While a lack of existing home inventory is certainly part of the problem, Ellison said that in Birmingham, agents and buyers are also facing a lack of new home inventory.

New Construction 435

New Construction Construction Agents Development 435

Housing Wire

JANUARY 30, 2025

In this week’s episode of the Power House podcast, host and HousingWire President Diego Sanchez chats with Tom Davis , chief sales officer at Deephaven Mortgage. For example, 30% of purchase transactions were new construction last year. New construction has been 33% of all purchase transactions, right?

New Construction 338

New Construction Construction Marketing Investor 338

Housing Wire

SEPTEMBER 26, 2023

After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In August, the sales pace of new homes fell 8.7% On a year-over-year basis, new home sales were up 5.8%.

As-is 511

As-is Sales New Construction MLS 511

Housing Wire

FEBRUARY 26, 2024

New-home sales reached a seasonally adjusted annual rate of 661,000 in January, according to data published Monday by the U.S. Department of Housing and Urban Development ( HUD ). The uptick in new-home sales underscores the persistent strength of demand in the housing market despite the challenges posed by winter weather.

Sales 459

Sales New Construction Construction Development 459

Housing Wire

MARCH 25, 2024

New-home sales receded slightly in February but continued to track above last year’s pace, reaching a seasonally adjusted annual rate of 662,000 last month, according to data published Monday by the U.S. Department of Housing and Urban Development ( HUD ). At the current sales pace, there is an 8.4-month from a year ago.

Sales 487

Sales New Construction Construction MLS 487

Housing Wire

FEBRUARY 4, 2025

To start the conversation, Divounguy dives into the past two years of economic developments and how they impact today’s housing market. Simonsen: Do you have a take on your forecast for total home sales volume for 2025? Divounguy: We revised the sales number down slightly.

New Construction 369

New Construction Mortgages Construction Sales 369

Housing Wire

MARCH 31, 2025

Led by Jamison Frost and Valen Lindner, the team has closed more than $1 billion in career sales and is known for representing some of the most exclusive properties in Park City. Previously with Summit Sothebys International Realty , Frost and Lindner have built a reputation for high-impact sales and marketing strategies.

New Construction 312

New Construction Development Branding Construction 312

Housing Wire

DECEMBER 20, 2024

I think there would be even stronger growth and more stability in the market if we had more houses for sale, he added. Underlying issues Despite this progress, Dapice and others are frustrated by the lack of new construction especially starter homes in the state.

Construction 434

Construction Land Development New Construction 434

Housing Wire

NOVEMBER 27, 2023

New home sales fell on a month-over-month basis in October, but continued to outpace last year’s levels. Meanwhile, low supply and high mortgage rates continued to dampen existing home sales. In October, new home sales reached a seasonally adjusted annual rate of 679,000, according to data published on Monday by the U.S.

Sales 448

Sales New Construction Construction Closing costs 448

Housing Wire

MAY 20, 2024

The proportion of newly built homes for sale in the U.S. of single-family homes for sale in the first quarter, virtually unchanged from a year earlier and down slightly from a peak of 34.5% Department of Housing and Urban Development (HUD). According to a Redfin report released Monday, newly built homes accounted for 33.4%

Sales 468

Sales New Construction Construction Mortgages 468

Housing Wire

APRIL 25, 2023

New home sales posted yet another increase in March, rising 9.6% Census Bureau and the Department of Housing and Urban Development ( HUD ). This is the fourth straight month of new home sales increases. 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

JUNE 17, 2021

Mortgage applications for new home purchases fell 9% month-over-month in May at a seasonally unadjusted pace ? the second consecutive month sales of new homes have dropped, according to data released Thursday by the Mortgage Bankers Association. The official May home sales report is scheduled to release Wednesday, June 23.

Sales 511

Sales VA loan FHA loan Loans 511

Housing Wire

OCTOBER 25, 2023

New home sales figures exceeded projections in September despite mortgage rates at 23-year high, declining mortgage applications and waning builder confidence. In September, the sales pace of new homes picked up considerably, up 12.3% Census Bureau and the Department of Housing and Urban Development ( HUD ).

Sales 448

Sales New Construction Construction Finance 448

Housing Wire

JUNE 23, 2021

Sales of newly built , single-family homes fell to the lowest pace in a year, down 5.9% 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. Census Bureau.

Sales 476

Sales Construction New Construction Staging 476

Housing Wire

JUNE 27, 2023

New home sales in May rose 12.2% 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. They now supply about 30% of the residential sales market.

Sales 370

Sales New Construction Construction Residential 370

Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. Census Bureau and the Department of Housing and Urban Development. What is going on here?

Sales 488

Sales Construction New Construction Mortgages 488

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% Census Bureau and the Department of Housing and Urban Development (HUD). decline year over year. “The

Sales 418

Sales Residential Construction New Construction 418

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. It's a development of a property that was initially purchased by former Manalapan mayor and developer Stewart Satter for $27.5 Absolutely not!

New Construction 98

New Construction Construction Pre-approval Design 98

Housing Wire

MARCH 24, 2025

Experts at the summit highlighted that 16% of all new housing activity these days comes from new construction , making builder engagement strategy essential for lenders. Additionally, rate buy-down incentives are playing a major role in helping move new home inventory.

Technology 368

Technology Loan Officer Loans Banks 368

Housing Wire

JULY 26, 2023

Despite yet another increase in homebuilder sentiment , the sales pace of new homes declined month over month in June, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In June, the sales pace of new homes fell 2.5% compared to June 2022.

Sales 370

Sales New Construction Marketing Construction 370

Housing Wire

OCTOBER 26, 2022

The new single-family home sales rollercoaster ride continues. 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. Census Bureau. from August and 17.6%

Sales 370

Sales New Construction Investor MLS 370

Housing Wire

SEPTEMBER 27, 2023

Fueling this increase is new construction, according to Divounguy, even though the 1.3% A steady flow of new homes have hit the market this spring and summer, as homebuilders worked diligently to remedy the housing inventory shortage. Additionally, nearly 16% of total home sales in August were new homes.

Marketing 521

Marketing New Construction Finance Construction 521

Housing Wire

MAY 25, 2022

While some buyers still enjoy finding their new construction home the old-fashioned way —spending a Saturday driving through neighborhoods — the National Association of Realtors (NAR) reports that 97% of homebuyers, regardless of age, use the internet in their home search.

New Construction 482

New Construction Construction Sales Industrial 482

Housing Wire

JULY 18, 2023

The NAHB/HMI report is based on a monthly survey of NAHB members, in which homebuilders are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes. This is the index’s highest reading since June 2022.

Sales 370

Sales Construction New Construction Finance 370

Housing Wire

MARCH 23, 2022

month-over-month in January , new home sales were down again in February, decreasing 2.0% Department of Housing and Urban Development and the U.S. Year-over-year, new home sales were down 6.2% At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3

Sales 397

Sales Construction Mortgages Finance 397

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. Buyers might be interested in seeing featured listings, new homes on the market and advice about the homebuying process. So, where do you start? Lets dive in!

Pre-approval 397

Pre-approval Design Industrial Agents 397

Housing Wire

JULY 16, 2024

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.

New Construction 488

New Construction Construction Land Development 488

Housing Wire

MAY 23, 2023

The sales pace of new homes has also increased for the fifth consecutive month, according to data published on Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In April, the sales pace of new homes rose 4.1% In April, the sales pace of new homes rose 4.1%

New Construction 418

New Construction MLS Construction Sales 418

Housing Wire

DECEMBER 19, 2023

New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. Single-family building activity drove November residential construction activity. Despite the elevated mortgage rates , homebuilders’ sales have increased this year.

Mortgages 459

Mortgages Construction New Construction Residential 459

Housing Wire

APRIL 30, 2021

More than a quarter of single-family homes for sale during the first quarter were new-construction homes — nearly 26%, and March housing starts jumped nearly 20% month over month to the highest level since 2006, per the latest report from Redfin. But new builds are still an option for many throughout the country, Marr said.

New Construction 476

New Construction Construction Land Sales 476

Housing Wire

SEPTEMBER 28, 2022

After a sharp decline in July , new home sales rebounded in August, according to data released Tuesday by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Sales of new single-family homes in August were at a seasonally adjust annual rate of 685,000, up 28.8%, but down 0.1% Census Bureau.

Sales 284

Sales Construction New Construction MLS 284

Housing Wire

MAY 16, 2023

The NAHB/HMI report is based on a monthly survey of NAHB members, in which homebuilders are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes. That share from 2000-2019 was a 12.7%

New Construction 459

New Construction Construction Sales Staging 459

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” With existing inventory down, Schuler said new construction has taken on a larger role in his market.

Marketing 468

Marketing New Construction Construction As-is 468

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

Housing Wire

JANUARY 18, 2024

This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. However, as purchase demand continues to thaw, it will put more pressure on already depleted inventory for sale,” said Sam Khater, Freddie Mac’s chief economist.

Fixed-rate mortgage 532

Fixed-rate mortgage Mortgages New Construction Construction 532

Housing Wire

JANUARY 18, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.460 million units, down 4.3% Department of Housing and Urban Development (HUD). Despite lower mortgage rates , housing starts ended the year on a downturn, after posting a large monthly gain in November. Census Bureau and the U.S. compared to a year prior.

New Construction 488

New Construction Principal Construction Mortgages 488