Housing Wire

JULY 26, 2021

New home sales continued to slip in June, falling 6.6% below June 2020’s pace of nearly 900,000, as the price of new homes in June 2021 rose to approximately 6% above last year’s average price. The median sales price of new houses sold in June 2021 was $361,800. The average sales price was $428,700.

Sales 448

Sales VA loan FHA loan Loans 448

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. The importance preparing yourself with non-QM options The mortgage industry is fickle. Avoid financing, and you risk missing out on a sales growth opportunity. Why is that important?

Loans 341

Loans Mortgages Equity Construction 341

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% January sales fell 2.3% The supply of homes for sale fell to a record low, down 16.5% The supply of homes for sale fell to a record low, down 16.5% Sales of homes priced above $1 million were up 39%. .

Sales 435

Sales New Construction Equity Construction 435

Housing Wire

JANUARY 13, 2025

mortgage lender loanDepot announced the promotion of regional sales director Bart Evans to regional vice president for the Southeast region. The new regional vice president brings a bit more to his role than executive mortgage experience. Top 20 U.S. He will report directly to senior vice president of production Paul Ramos.

Lending 370

Lending New Construction Mortgages Construction 370

Housing Wire

DECEMBER 6, 2024

Some popular real estate newsletter content includes: Market updates Featured listings Industry news Local news Community events Agent profiles Investment opportunities No matter what content you choose to include, your real estate newsletter should serve as a meaningful touchpoint that continuously builds your client relationships.

Pre-approval 397

Pre-approval Design Industrial Agents 397

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, 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

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. 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

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

JULY 19, 2024

. “We have built enduring trust with a network of over 3,5000 established brokers and non – delegated correspondents who have remained partners with Flagstar for over 35 years,” said Rich Hoffmann, Senior Vice President and TPO National Sales Director.”

Lending 466

Lending New Construction Renovation Banks 466

Housing Wire

JUNE 16, 2021

The total number of homes under construction increased 1.2% — the 12th consecutive monthly increase and its highest level since 2007. Permits for new construction by homebuilders dropped 3%, largely because lumber and building material costs kept prices high. Presented by: Move Sales.

New Construction 493

New Construction Construction Industrial Agents 493

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

FEBRUARY 21, 2024

Zonda , one of the leading data providers in the homebuilding industry, has acquired Builders Digital Experience (BDX), the company announced on Wednesday. By extension, Zonda also acquired NewHomeSource.com , one of the largest listings platforms for newly constructed homes, and Envision , a new home design platform.

New Construction 464

New Construction Construction Industrial Design 464

Housing Wire

MARCH 4, 2024

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. Since the beginning of this year, the industry has witnessed the completion of five transactions, with two others announced. Smith Douglas Homes went public in January.

New Construction 447

New Construction Land Construction Industrial 447

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

AUGUST 5, 2024

In a joint announcement, Rechat and Peerage said that the “collaboration heralds a significant step forward in advancing the real estate industry through state-of-the-art technology and unparalleled service.” Its partners include several independent firms that deal in residential resales and new construction marketing.

Technology 450

Technology New Construction Residential Construction 450

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. 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% However, the faster sales pace was not good news for inventory.

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

DECEMBER 3, 2020

Steven Caporale, founder and principal of Accel Realty Partners in Boise, has been in the industry for 25 years and said he’s never seen the housing market look like this. “In In Ada County specifically, where Boise is located, the number of homes for sale dropped from 1,697 last October to just 355 in October 2020, a 79% decline.

Marketing 534

Marketing New Construction Construction Principal 534

Housing Wire

OCTOBER 9, 2024

She has more than 25 years of real estate industry experience, and she specializes in lake properties and new construction. In 2023, she closed 57 transaction sides for a total of $29.979 million in sales volume. Most recently, in 2020, she set the record with the sale of a $7.5 This earned her the No.

Agents 435

Agents Commercial New Construction Title 435

Housing Wire

OCTOBER 19, 2021

Based on data from the survey, MBA estimates that there were 66,000 new single-family home sales in September, compared to 71,000 new single-family homes a month prior, a 7% decrease. The estimated pace of new home sales decreased 3.5% The estimated pace of new home sales decreased 3.5%

VA loan 435

VA loan FHA loan Mortgages Loans 435

Housing Wire

NOVEMBER 28, 2023

“With access to cutting-edge tools like Performance Tracker, Compass AI , and the innovative Compass Collections, we are poised to enhance our client experience and deliver unparalleled service through the industry’s leading technology platform.” The team specializes in buyer and seller representation as well as new construction.

New Construction 435

New Construction Technology Construction Industrial 435

Keeping Current Matters

OCTOBER 14, 2020

Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Mark Fleming, Chief Economist for First American , just reported : “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market.

Sales 339

Sales Construction Staging Residential 339

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. Existing home sales are down 19.9% year-over-year.

Mortgages 448

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 448

Keeping Current Matters

AUGUST 9, 2021

Home purchases and sales are significant drivers of economic activity. economy via the multiple industries and professionals that take part in the process. The National Association of Realtors (NAR) releases a report each year that highlights just how much economic activity a home sale generates.

Sales 307

Sales Staging Construction Land 307

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. from the revised 56,000 new home sales in June.

VA loan 370

VA loan FHA loan New Construction Loans 370

Housing Wire

JULY 20, 2023

“Still, the ongoing shortage of previously owned homes for sale has been a detriment to homebuyers looking to take advantage of declining rates. Homebuilder sentiment rose for the seventh consecutive month and new construction activity slightly pulled back as the cost of materials picked up.

Mortgages 370

Mortgages Fixed-rate mortgage New Construction Construction 370

Housing Wire

NOVEMBER 3, 2023

Not available anywhere else in the industry today, consumers can gather inspiration on social media networks like Pinterest, upload photos of their dream home and homegeniusIQ, homegenius Real Estate’s proprietary technology, will instantly analyze the photos and present homes with similar features.

Closing costs 435

Closing costs Short sale Technology New Construction 435

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

APRIL 17, 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. However, this is still lower than the 62% reported in December.

Banks 397

Banks Sales New Construction Lending 397

Housing Wire

MARCH 16, 2023

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. “As year over year. In 2022, a total of 1.55

Banks 448

Banks MLS Construction Finance 448

Housing Wire

FEBRUARY 1, 2021

Since 2011, the number of existing single-family homes for sale has declined more than 30%. By supplying more homes that are affordable, the housing industry can increase homeownership rates for everyone. ?. However, new construction trends do not reflect this changing preference.

Finance 435

Finance New Construction Industrial Staging 435

Housing Wire

JUNE 3, 2021

The overall housing index hit its lowest point since February, said Joel Kan, the Mortgage Bankers Association ’s associate vice president of economic and industry forecasting. Tight housing inventory, obstacles to a faster rate of new construction, and rapidly rising home prices continue to hold back purchase activity,” said Kan. .”

Mortgages 370

Mortgages Construction New Construction Sales 370

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Balancing supply and demand is a delicate dance between new construction and existing properties.

Due diligence 435

Due diligence Marketing Mortgages New Construction 435

Keeping Current Matters

MARCH 17, 2021

Despite the past and current challenges, there is one industry that’s proven to be a tailwind helping to counter all of these headwinds to our economy. That industry is housing. Remarkably, the residential real estate market (including existing homes and new construction) has flourished over the last twelve months.

Construction 297

Construction New Construction Residential Industrial 297

Housing Wire

JULY 19, 2023

single-family homebuilding fell in June, but permits for future construction rose to a 12-month high on the weakness of the existing home sales market. In June, only 600,000 existing homes were listed for sale across the U.S., The decline in housing starts came after a massive 18.7% million, under economists’ expectations for 1.48

Construction 370

Construction New Construction MLS Lending 370

Keeping Current Matters

SEPTEMBER 23, 2020

The index gauges builder perceptions of current single-family home sales and sale expectations for the next six months, as well as the traffic of prospective buyers of new homes. A separate report from the Mortgage Bankers Association (MBA) shows mortgage applications for new home purchases increased by 33.3%

New Construction 308

New Construction Construction Mortgages Sales 308