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New apartment construction hasn’t lowered rents in many areas

Housing Wire

More inventory can bring down prices, but some renters still struggle to meet the rental price hikes found in new construction. increase in asking rents for newly constructed apartments in 2024 the biggest spike in 18 months. But another rental data report from another industry giant may explain why this occurred.

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

Housing Wire

Ground-up construction growth will be high to meet the population growth and meet the demand due to limited inventory. New construction volume levels have increased to 10-year highs with a percentage share of 33%. Deephaven offers an advantage and competitive edge with our Ground-Up Construction loan.

Investor 448
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Compass strikes again with leadership changes in the Southeast

Housing Wire

The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. The future of Compass is bright, and we look forward to continuing to provide the industry-leading tools, technology, and support our agents need to excel as the demand for luxury properties continues to rise.”

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Home inspector sees interaction from baby boomers, aging in place and reverse mortgages

Housing Wire

New construction The reverse mortgage industry has, for a while, aimed to communicate the potential benefits of the Home Equity Conversion Mortgage ( HECM ) for Purchase program as a mechanism for securing a new home by using a reverse mortgage. Some feel like homes arent built like they used to be.

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What will it take to rekindle the senior housing market?

Housing Wire

Adding to the potential shortage in years ahead are stubbornly high mortgage rates and tariffs that could slow new construction. Occupancy rates and rents at senior housing facilities have largely returned to their prepandemic levels, signaling a recovery in the wider industry.

Marketing 337
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Positive Signs: Single-Family New Construction, Permits Rise in September

RIS Media

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

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5 lessons we learned at the HW Economic Summit – and why we consider it a ‘must attend’

Housing Wire

With economists, analysts and industry leaders in the room, discussions revolved around key economic indicators, inventory shifts, technology advancements and what lenders should be doing right now to prepare for the next cycle. Additionally, rate buy-down incentives are playing a major role in helping move new home inventory.