Housing Wire

OCTOBER 25, 2024

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

Investor New Construction Construction Loans 448

Housing Wire

AUGUST 15, 2023

With strong demand and limited options for existing homes, many homebuyers are turning to new construction. Mortgage applications for new construction home purchases increased 35.5% in July on a year-over-year basis, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data.

New Construction 370

New Construction Construction FHA loan Mortgages 370

Housing Wire

MARCH 7, 2025

I think that we’ve underbuilt for 13 years in this country and in this state, so definitely, new construction is in order, she said. I’m just concerned about the price of new construction when we rely so much on imported goods for building these homes.

Marketing 388

Marketing New Construction Construction Development 388

Housing Wire

JANUARY 16, 2025

Compared to existing homes , new homes were much more likely to include HOA fees, In fact, 69.9% of new construction homes required buyers to pay HOA dues, compared to only 38.2% But the report noted that existing homes were outpacing new homes for growth in the percentage of listings that include HOA dues. .

New Construction 397

New Construction Construction Mortgages Sales 397

Housing Wire

MARCH 24, 2025

It excludes new construction homes , foreclosure sales, auction sales, non-arms-length transactions, bank/corporate/government acquisitions, invalid quit claims and outlier sale prices (defined as below $10,000 or above $10 million). Zillow said only this subset of off-MLS transactions was included in the analysis.

MLS 501

MLS Sales New Construction Construction 501

Housing Wire

SEPTEMBER 14, 2023

Demand for newly constructed homes continues to remain high as existing for-sale inventory remains historically low. Mortgage applications for new home purchases increased 20.6% in August on a year-over-year basis. Compared to July 2023, applications increased by 4%.

New Construction 418

New Construction Construction Mortgages VA loan 418

Housing Wire

OCTOBER 18, 2024

We had a good few months of positive builder confidence data for the new home sector and positive purchase application data for existing home sales.

Construction 379

Construction New Construction Residential Mortgages 379

Housing Wire

JANUARY 27, 2025

Still, higher new home sales doesnt begin to offset the gap left by existing-home sales, which were at an almost 30-year low in 2024 at 4.06 Home builders were able to offer prospective buyers concessions, including rate buydowns, to entice them to new home communities.

Sales 476

Sales New Construction MLS Mortgages 476

RIS Media

OCTOBER 18, 2024

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.

New Construction 111

New Construction Construction Residential Development 111

Housing Wire

JANUARY 30, 2025

For example, 30% of purchase transactions were new construction last year. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors. And, its focusing on areas like construction, non-QM, the fix-and-flip and second lien production.

New Construction 338

New Construction Construction Marketing Investor 338

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. According to Realtor.com , this ocean-to-lake estate is poised to shatter records as the most expensive new construction single-family home in the country. Absolutely not!

New Construction 98

New Construction Construction Pre-approval Design 98

Housing Wire

MARCH 10, 2025

This was driven by an increase in both single-family and multifamily construction. Importantly, new construction activity outpaced household formations for the first time since 2016. .” The company’s analysis found that in 2024, home completions grew to 1.6 million, the highest level in nearly two decades.

Construction 361

Construction New Construction Closing As-is 361

Housing Wire

JANUARY 24, 2025

New construction has not been able to keep up with demand. It is going to take years before we are back at that level, maybe not even until the 2030s. Current homeowners who are locked into low mortgage rates and are staying in their homes longer are keeping the supply of existing homes low. Available existing homes for sale fell to 1.15

Sales 367

Sales New Construction MLS Construction 367

Housing Wire

JANUARY 30, 2025

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.

Inspection 322

Inspection Mortgages New Construction Equity 322

Housing Wire

JUNE 13, 2023

While state lawmakers are currently debating rent control legislation as one potential answer to the issue, the Massachusetts Association of Realtors (MAR) is advocating to increase housing construction instead, according to reporting by the Massachusetts’ State House News Service.

Construction 397

Construction New Construction Agents Design 397

Housing Wire

JANUARY 15, 2025

The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction. The study claims that the crisis can be traced back to the early 2000s when subprime lending activities were prevalent.

Lending 418

Lending New Construction Staging Construction 418

Keeping Current Matters

FEBRUARY 5, 2024

Finding the right home is one of the biggest challenges for potential buyers today.

New Construction 359

New Construction Construction Agents 359

Housing Wire

JANUARY 17, 2025

While new construction picked up between November and December, there are still headwinds in the homebuilding sector, Lisa Sturtevant, the chief economist at Bright MLS , said in a statement. Despite the declines, single-family starts and permits jumped 3.3% month over month to annual paces of 1.05

Construction 397

Construction New Construction MLS As-is 397

Housing Wire

MARCH 18, 2025

Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits.

Construction 436

Construction Residential Sales New Construction 436

Real Estate News

MAY 20, 2024

With many owners of existing homes hesitant to give up their low mortgage rates, new homes continue to account for an outsize share of the market.

New Construction 307

New Construction Construction Sales Mortgages 307

Housing Wire

NOVEMBER 4, 2024

New construction inventory has grown in recent months. Homebuilders have ramped up incentives — like mortgage rate buydowns and cash rebates — to boost sales, and new-home sales rose 6.3% year over year in September.

As-is 370

As-is Marketing Construction New Construction 370

Housing Wire

DECEMBER 5, 2024

.” “Daniel has been a top producer in the Carolinas for years and his expertise in construction lending will be a great addition,” said Corey Caster, Highlands’ executive vice president and chief production officer.

Residential 392

Residential Construction Loans Mortgages 392

RIS Media

JANUARY 21, 2025

Absorption rates, the share of newly built rental units successfully leased… The post Rental Prices Continue to Decline Due to New Construction and Absorption Rates appeared first on RISMedia. According to Realtor.com, this is a 1.1% decline year-over-year from December 2023.

New Construction 97

New Construction Construction As-is Industrial 97

Housing Wire

FEBRUARY 18, 2025

Adding to the potential shortage in years ahead are stubbornly high mortgage rates and tariffs that could slow new construction. A renewed interest in the senior housing market could also spur higher prices and waitlists, two things that lower-income older Americans can ill afford.

Marketing 368

Marketing New Construction Development Construction 368

Housing Wire

MARCH 13, 2025

Southern markets lead in construction growth In 2024, 16 of the top 50 housing markets outpaced the national median in both new-home permits and price moderation. Ten of these 16 markets were located in the South , where new construction continues to expand inventory levels.

Construction 344

Construction Residential New Construction Land 344

Housing Wire

NOVEMBER 4, 2024

Smith Douglas Homes’ approach to the new construction market is perfectly aligned with loanDepot’s commitment to serving the needs of first-time homebuyers,” said Dan Peña, executive vice president of national joint ventures for loanDepot.

Purchase and sale agreement 305

Purchase and sale agreement Mortgages New Construction Lending 305

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Construction loans Inventory levels in the real estate market arent what they used to be. Now, construction homes dominate purchase transactions in the market. Why is that important?

Loans 343

Loans Mortgages Equity Construction 343

Housing Wire

JANUARY 14, 2025

” Nikol Solares Solares brings 20 years of experience in luxury development, new construction sales and marketing to her new role. The veteran development executive established herself as one of the premier brokers in the South Florida region.

Brokerage 370

Brokerage Development New Construction Agents 370

Real Estate News

JANUARY 17, 2025

Housing starts were way up for the year, and prospects look good heading into 2025 but the economy and policy decisions could present some challenges.

New Construction 261

New Construction Construction 261

Housing Wire

FEBRUARY 4, 2025

Even if we had a massive increase in that number of new listings, that would not be enough to get affordability to get the kind of price declines that we need. What that tells me is that we really need more housing supply coming from new construction. But ultimately, the big lever here is mortgage rates.

New Construction 369

New Construction Mortgages Construction Sales 369

Housing Wire

FEBRUARY 24, 2023

The uptick in the sales pace resulted in just 439,000 new homes remaining on the market at the end of the month, representing 7.9 The backlog of new construction homes continues to emerge into the market just in time for the spring shopping season,” Nicole Bachaud, Zillow ’s senior economist, said in a statement.

Sales 459

Sales New Construction Construction Mortgages 459

Housing Wire

FEBRUARY 10, 2025

It also closed five RTL securitizations for nearly $2 billion and expanded its product suite by launching a new construction financing product. The company said that in 2024, it increased its active customer base to more than 5,500 (up 30% from 2023).

Lending 326

Lending New Construction Residential Investor 326

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

Real Estate News

MARCH 18, 2025

While housing starts rebounded from a sluggish January, permits and completions have slowed and builder sentiment is souring.

New Construction 223

New Construction Construction 223

Housing Wire

MARCH 31, 2025

Their expertise spans luxury ski-in/ski-out estates, golf communities and new construction developments, with 95% of their listings going under contract before completion. They have previously recorded annual sales of more than $100 million, including some of the highest-priced transactions in Park City history.

New Construction 312

New Construction Development Branding Construction 312

Housing Wire

DECEMBER 16, 2021

.” HUD and the Census Bureau are attributing this increase in production to strong demand for new construction. As housing inventory across the country continues to remain at historic lows, it comes as no surprise that many prospective homebuyers are turning to new construction. higher in the Northeast, 9.6%

New Construction 493

New Construction Construction Residential Development 493

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