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

Keeping Current Matters

FEBRUARY 5, 2024

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

New Construction 348

New Construction Construction Agents 348

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

AUGUST 19, 2020

Buyer-generated content, including consumer reviews of builders, is now available on Zillow and will be viewable on builder profiles, community pages and paid new construction listings. In July, Zillow home shoppers expressed more interest in designing a new home, with page views in July to paid new construction listings up 81%.

New Construction 525

New Construction Construction Design 525

Keeping Current Matters

AUGUST 9, 2023

Buying a new construction home can be an exciting experience.

New Construction 234

New Construction Construction Agents 234

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 230

New Construction Construction 230

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 283

New Construction Construction Sales Mortgages 283

Housing Wire

JANUARY 16, 2025

in new construction, 7.2% Places poised for growth but not at the top of the list include Albuquerque, New Mexico, and Madison and Milwaukee Wisconsin, which have all seen recent land use changes. Lakeland measured 4.6% in land use change, 0.8% in builder/developer land, 4% in recent build and 1.1% in recent permits.

New Construction 370

New Construction Marketing Land Construction 370

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

Inman

JANUARY 9, 2025

According to real estate expert Ricky Carruth, new construction and builder incentives are the keys. Looking for a way to fight the lock-in effect in your market?

New Construction 138

New Construction Construction Marketing Development 138

Housing Wire

DECEMBER 17, 2024

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. . Rent prices have fluctuated alongside home prices in this year’s housing market.

Construction 418

Construction New Construction Brokerage Marketing 418

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

Real Estate News

MARCH 1, 2024

A Realtor.com survey of new home buyers reveals who is buying and what they want from real estate agents — their advocates in the purchase process.

New Construction 225

New Construction Construction Agents 225

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

Housing Wire

FEBRUARY 21, 2024

The acquisition marks a milestone in Zonda’s path to streamlining the new home shopping process. Zonda will be able to integrate its new construction data and tech platform with the leading portal for U.S. new home listings. Zonda also operates Livabl , Canada’s leading new construction listings site. “By

New Construction 463

New Construction Construction Industrial Design 463

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 370

New Construction Construction Mortgages Sales 370

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

MARCH 1, 2024

With existing inventory down, Schuler said new construction has taken on a larger role in his market. New construction has typically averaged around 10% of active listing inventory and in our area right now, new construction has ranged anywhere between 30% to 40% of inventory,” Schuler said. 23, 2024.

Marketing 468

Marketing New Construction Construction As-is 468

Housing Wire

AUGUST 17, 2020

Last month, Buildfax estimated if single-family authorizations and existing housing activity continue to gain, new construction could stabilize in the Fall. This sentiment is supported by recent data from the National Association of Home Builders that stated residential construction employment rose by 24,000 in July to 2.8

New Construction 516

New Construction Construction Renovation Residential 516

Housing Wire

MARCH 25, 2024

Additionally, mortgage applications for new homes surged in February as a lack of existing homes for sale continued to fuel the demand for new construction. But a slight uptick in mortgage rates held back the pace of new home sales in February, according to NAHB chief economist Robert Dietz.

Sales 487

Sales New Construction Construction MLS 487

Housing Wire

DECEMBER 3, 2020

New construction continues to take more and more of our market,” Dopp said. New construction used to be maybe 15-20% of the market, trending toward 40% of the market now. Next year, it’ll probably be close to 50%.”. The apartment market in Boise is heating up, too.

Marketing 534

Marketing New Construction Construction Principal 534

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

MARCH 4, 2024

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. The persistent scarcity of existing homes drove buyers toward newly built properties, allowing builders to maintain double-digit margins.

New Construction 446

New Construction Land Construction Industrial 446

Housing Wire

FEBRUARY 26, 2024

Additionally, mortgage applications for new homes surged in January as a lack of existing homes for sale continued to fuel the demand for new construction. At the end of January, there were 456,000 new homes available for sale, marking a 3.9% The median sale price for a new home rose to $420,700 in January, marking a 1.8%

Sales 459

Sales New Construction Construction Development 459

Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Fueling this increase is new construction, according to Divounguy, even though the 1.3% Over the past year, the value of the U.S.

Marketing 521

Marketing New Construction Finance Construction 521

Housing Wire

SEPTEMBER 25, 2024

In Florida, new housing inventory has not grown significantly: the number of newly listed homes stands at 43,081, an 8.8% Florida is a top state for new residential construction, yet Florida homebuilders haven’t reported significant strides in new construction sales either. What does this mean for the future?

Investor 448

Investor New Construction Construction Residential 448

Housing Wire

JULY 19, 2024

We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.” .” Our success is driven by our exceptional team and an expansive product portfolio.

Lending 465

Lending New Construction Banks Renovation 465

Housing Wire

DECEMBER 19, 2023

New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Single-family building activity drove November residential construction activity. Housing starts rose in November, significantly beating expectations. Department of Housing and Urban Development and U.S. Census Bureau data.

Mortgages 459

Mortgages Construction New Construction Residential 459

Real Estate News

NOVEMBER 17, 2023

Building permits and housing starts rose modestly between September and October, suggesting that more supply could be coming online in future months.

New Construction 207

New Construction Construction 207

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. A healthy housing market is considered roughly six months of supply.

New Construction 476

New Construction Construction Land Sales 476

Housing Wire

APRIL 8, 2024

It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. I think in a healthy housing market, you have to have both new construction and preservation efforts,” Maxwell said. “We

New Construction 511

New Construction Finance Construction Mortgages 511

Housing Wire

APRIL 5, 2024

The increase in new listings this spring, due both to new construction and to more homeowners choosing to sell, will give buyers more options and help to ease price growth. The housing train is slowing down just enough to give more first-time buyers an opportunity to hop on board,” Divounguy said.

Pre-approval 482

Pre-approval Marketing New Construction Construction 482

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

JANUARY 18, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.460 million units, down 4.3% Looking ahead, homebuyers who may be looking to purchase a new construction home may continue to struggle with lack of inventory in 2024, as the overall estimated number of building permits issued in 2023 was down 11.7%

New Construction 488

New Construction Principal Construction Mortgages 488

Housing Wire

SEPTEMBER 26, 2023

However, mortgage applications for new home purchases increased 4% between July and August, the strongest pace of sales in three months. Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said.

As-is 511

As-is Sales New Construction MLS 511

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

APRIL 25, 2023

The faster sales pace meant the inventory of unsold new homes continued to fall, dropping from 436,000 in February to 432,000 in March. The increased demand for new homes also resulted in an uptick in the median sale price , which rose from $438,000 in February to $449,800 in March. This represents 7.6

Sales 435

Sales Construction New Construction Principal 435