Housing Wire

FEBRUARY 18, 2022

percent sales growth in January was good news, the drop in for-sale inventory to an all-time low at 860,000 units is a cause for concern,” said Joel Kan, the Mortgage Bankers Association’s AVP of economic and industry forecasting. . “While the 6.7

Sales 435

Sales New Construction Equity Construction 435

Keeping Current Matters

MARCH 10, 2021

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. New construction isn’t making up the difference in inventory needed. Some may think new construction is filling the void. This is nothing like the last time.

Equity 317

Equity New Construction Construction Short sale 317

Housing Wire

APRIL 24, 2023

Home equity is also the primary source of wealth for most Americans. Despite efforts by some in the housing industry, the minority homeownership gap has barely improved in the last 30 years. million new minority homeowners when the president launched the Blueprint for the American Dream in 2002. The overall U.S.

Closing 397

Closing New Construction Loans Equity 397

Housing Wire

DECEMBER 7, 2020

months, builders will halt the rate of growth for new construction plans as they did in 2018 and again for a brief period this year. months, the builders are ok with construction as long as new home sales grow. I am joking when I say this, as I can see the housing industry scream at this idea. Wait, I’m confused.

Construction 545

Construction Mortgages Sales Finance 545

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. Read more: The Data Center Boom Is Powering New Construction and Design Innovations.

New Construction 122

New Construction Construction Design Development 122

Housing Wire

SEPTEMBER 22, 2023

They did for a quarter as households sort of adjusted to the idea that they were going to be running at a new higher level. For existing homeowners, that’s good news because it means equity accumulation. These loans are going to refinance, and the consumer will be in good shape, building equity to become a move-up buyer.

FHA loan 476

FHA loan Bankruptcy Marketing Loans 476

Housing Wire

APRIL 26, 2023

Brian Parkinson, a loan originator at Alerus Mortgage , says that niche loans – including bridge loans, construction loans, doctor loans and professional series loans for CPAs and attorneys – are a great way to grab an agent’s attention in a market where referrals are critical. Some markets like New Jersey don’t have land to build new homes.

Loan Officer 418

Loan Officer Mortgages Loans Closing costs 418

Housing Wire

AUGUST 3, 2023

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” The homebuilding industry faces a number of operational ceilings in terms of the volume of new homes it can produce annually.

Land 370

Land Construction Development Finance 370

Real Trends

MARCH 29, 2023

Here are a few trends and predictions I see happening with new construction buyers: Don’t expect massive price drops Here’s the reality: We will not see the massive price drop that occurred between 2008 and 2011. The post Opinion: will we see massive price drops in new construction? appeared first on RealTrends.

New Construction 94

New Construction Construction Banks Development 94

Housing Wire

JUNE 10, 2022

Based in New Jersey, Esser and her team have been recognized as the No. 1 agent in Tenafly, New Jersey and the No. Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? Finally, the last closely watched trend in the housing market is construction activity.

Construction 397

Construction Closing New Construction Agents 397

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” Neal said such a government-sponsored long-term rate buydown program also could be good for the housing industry as well.

Marketing 435

Marketing FHA loan Loans Mortgages 435

Marco Santarelli

NOVEMBER 2, 2024

Factors such as stricter lending standards and an overall increase in homeowner equity provide a buffer against a potential downturn. Looking toward 2025, industry analysts are cautiously optimistic. Interestingly, despite the evident challenges, experts generally agree that a meltdown similar to that of 2008 is not on the horizon.

Marketing 110

Marketing Construction New Construction Mortgages 110

Realty Biz

AUGUST 5, 2023

Buying a new construction home has its pros and cons. As the first owner, you'll enjoy the peace of mind of owning a brand-new property. New homes often require fewer repairs and updates since everything is up to date-and in good condition. For others, typical construction is what they have their hearts set on.

New Construction 73

New Construction Construction Equity Commercial 73

Housing Wire

OCTOBER 23, 2023

In fact, loanDepot recently showed the market that it’s considering acquisitions by appointing industry veteran Dan Hanson as executive director of enterprise partnerships and acquisitions. The direct-to-consumer channel is more home equity and refi-driven; they do some purchases, but it’s primarily that. The board issue.

Technology 448

Technology Loan Officer Loans As-is 448

AAOA

MARCH 31, 2025

Types of REITs to Know There are several types of REITs, each focusing on different aspects of real estate investment: Equity REITs : Focused on owning and operating real estate that generates rental income. Hybrid REITs : Combine strategies of both equity and mortgage REITs. How Many Jobs Are Available in REITs?

Commercial 52

Commercial Investor Property Management Development 52

Marco Santarelli

APRIL 6, 2024

However, persistent demand may have finally incentivized some to capitalize on their home equity, facilitating downsizing or relocation. Adaptation in Construction: The construction industry, faced with challenges precipitated by the pandemic, has adapted remarkably.

Marketing 111

Marketing New Construction Construction Equity 111

Marco Santarelli

MAY 11, 2024

Home Equity Softening, Not Disappearing The report highlights a slight decrease in the percentage of homes considered “equity-rich,” where the loan value is less than half the estimated market value. This signifies that homeowners, by and large, still hold a healthy level of equity in their properties.

Mortgages 109

Mortgages Marketing Equity Pre-approval 109

RIS Media

FEBRUARY 18, 2021

1 global preference, however, is new construction in a newly developed neighborhood as it commands the highest price among the luxury buyer segment, according to the report. This bodes well for developers and resellers, along with sister industries, such as home design, art and furniture.”

Residential 122

Residential New Construction Development Equity 122

HomeLight

SEPTEMBER 9, 2021

A tidal wave of demand was met with a sorry amount of housing supply as a result of material costs, supply chain disruptions, and years of chronic underbuilding in the new construction industry. In our Summer 2021 industry survey , 60.5% Curious to know where your home equity stands? It won’t last forever.

Equity 136

Equity Mortgages Agents Sales 136

BAM Media

APRIL 3, 2025

Its also worth noting that the new administrations tariff policy could drive up home values by raising the cost of building materials for new construction and home repairs and renovations. #3: The nested equity is $38 trillion. The loan to values (LTV) back in 2008 were 85%; loan to values right now is 46.6%.

Bankruptcy 52

Bankruptcy Pre-approval Marketing FHA loan 52

RIS Media

SEPTEMBER 29, 2020

Firm taps industry veteran Chris Lim to lead franchise division. Wong said its target audience is unmoved by the offerings of the “old guard” franchise networks and is struggling to compete against the aggressive tactics of some of the industry’s new, deep-pocketed players.

Purchase and sale agreement 105

Purchase and sale agreement Brokerage Branding Technology 105

HomeLight

SEPTEMBER 26, 2022

Las Vegas real estate agent Daryl Hanna , a 17-year veteran of the industry, says that the savings can be big for an owner-builder. “In New construction might seem less expensive — but if, for example, it doesn’t include landscaping, and that’s something you have to do yourself after closing, that can be expensive. Get started.

Construction 145

Construction New Construction Land Inspection 145

RIS Media

SEPTEMBER 7, 2021

There are at least four major differences compared to 2008: Individual savings rates are higher; equity rates are higher; buyer quality is better; and as Christina noted, there’s been a steady decline in foreclosures. We need to caution agents early on to be certain their sellers understand exactly what their equity position is.

Equity 98

Equity Principal New Construction Industrial 98

Marco Santarelli

JULY 17, 2024

Yet, the market now appears to be facing challenges due to: Excessive New Construction : An influx of new construction may have outpaced buyer demand, potentially putting downward pressure on prices as the supply outweighs the demand. Existing homeowners may not see a dramatic decrease in equity. Not necessarily.

Marketing 105

Marketing New Construction Construction Equity 105

RIS Media

JULY 22, 2021

Ideally, the costs for a home would rise roughly in line with income growth, which is likely to happen in 2022 as more listings and new construction become available.”. Although rates are favorably low, these hurdles have been overwhelming to some potential buyers.”. consumers and homeowners remains NAR’s priority.”.

Sales 98

Sales Construction New Construction Equity 98

Broke Agent Media

MAY 25, 2023

If you bought in 2000, and you had to sell in 2007/2008, it’s very likely you still had some real equity. But, for those who plan to stay in the house for five years or longer, historical data shows they are likely to build equity and be able to sell for a profit. What hasn’t happened over this period has been enough new construction.

Construction 98

Construction New Construction Equity Mortgages 98

Real Trends

NOVEMBER 18, 2022

The tech revolution has reshaped the real estate industry in a major way. Between artificial intelligence (AI) and machine learning, sophisticated technological advancements are pushing the real estate industry into a new era. Black Knight leads the industry when it comes to data and analytics. Black Knight. HousingWire.

Industrial 92

Industrial Equity Construction Mortgages 92

RIS Media

MARCH 18, 2022

She added, “Builders are working feverishly to get new construction and move-in ready homes on the market, but it’s going to take time for inventory to rise enough to curb runaway price growth. Homeowners may be worried about rising interest rates, since they make a new mortgage considerably more expensive.

Residential 98

Residential New Construction Equity Construction 98

Toronto Realty Blog

SEPTEMBER 23, 2022

Condominium cancellations were rampant in the pre-construction industry and people were starting to get pissed. Characterizing both the purchasers and builder as “innocent” in this scenario, the judge noted that the equities favoured the buyers. – This was massive news! I mean, people were always pissed.

Construction 59

Construction Purchase and sale agreement Industrial Development 59

McKissock

DECEMBER 10, 2021

They look at forecast models from seven different industry leaders: Zillow, Goldman Sachs, Redfin, Corelogic, Fannie Mae, Freddie Mac, and the Mortgage Bankers Association. ” Read the full forecast to learn about Redfin’s predictions regarding mortgage rates, supply and demand, new construction, home price growth, and more.

Marketing 79

Marketing New Construction Equity Residential 79

The Close

JUNE 24, 2022

Get in Now to Rake in That Future Equity. This graph shows how much equity you stand to gain if you get into the market, i.e., buy a house today vs waiting. If your buyer bought a home in 2022 at $360,000, the projected amount of home equity she stands to earn is almost $100,000. Source: Keeping Current Matters.

Marketing 111

Marketing Equity Renovation Mortgages 111

Broke Agent Media

MAY 16, 2023

In fact, homes are selling more quickly in 2023 than in 2019—a year that brought an increase in new construction , improved affordability , and a boost in home purchases. Only 43% of postponers have at least 50% equity in their homes, while 53% of active movers have 50% or more. Source: Opendoor Across the U.S.,

Marketing 98

Marketing Purchase and sale agreement Construction Equity 98

Broke Agent Media

MARCH 6, 2023

Housing experts also predict new construction , which will also see a decline in sales, will play a larger role to meet the growing need for inventory. Looking ahead to 2027, homeowners can expect their equity to grow—though not as quickly as it did from 2020-2022. million in 2023, down from 5.0

New Construction 94

New Construction Mortgages Sales Development 94

HomeLight

SEPTEMBER 25, 2020

Las Vegas real estate agent Michael Marino , who has more than 15 years of experience in the industry, says that although buyers seldom think about resale value when they purchase their home, they probably should. You need to be able to estimate your cost and sweat equity versus actual cost and time,” she says. Fixer to fabulous?

New Construction 76

New Construction Equity Construction As-is 76

Realty Biz

OCTOBER 21, 2023

Development financing for larger new construction projects and alternative financing approaches should also be considered. They possess in-depth knowledge of the lending industry, understand market trends, and can connect spec house builders with lenders who specialize in commercial loans.

Loans 108

Loans Finance Construction Commercial 108

HomeLight

AUGUST 16, 2022

Because they have a lower usage rate of gasoline or access to greater resources that allows them to absorb cost-of-living increases, these individuals and families are unlikely to be affected by higher gas prices: Established buyers with existing home equity and other resources. Buyers who need to buy a home for relocation or other reasons.

Marketing 111

Marketing Equity Agents As-is 111

RIS Media

JULY 8, 2021

It’s a fast way to rack up negative equity. It doesn’t matter if it’s brand-new construction or a third-floor condominium.” ” Adam Long is president of HomeTeam Inspection Service and has actively been involved in the real estate industry for over 20 years.

Inspection 98

Inspection New Construction Closing Equity 98