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%

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New Construction Construction Sales Staging 459

Keeping Current Matters

AUGUST 9, 2021

Home purchases and sales are significant drivers of economic activity. The National Association of Realtors (NAR) releases a report each year that highlights just how much economic activity a home sale generates. The post The Community and Economic Impacts of a Home Sale appeared first on Keeping Current Matters.

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Sales Staging Construction Land 306

Keeping Current Matters

OCTOBER 14, 2020

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. Purchaser demand is so high, the market is running out of available homes for sale.

Sales 339

Sales Construction Staging Residential 339

Housing Wire

FEBRUARY 1, 2021

Since 2011, the number of existing single-family homes for sale has declined more than 30%. However, new construction trends do not reflect this changing preference. At the same time, we’ve seen an unprecedented increase in home prices. This is why when we think about affordability, we focus on how to expand the supply of homes.

Finance 435

Finance New Construction Industrial Staging 435

RIS Media

AUGUST 2, 2021

If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. The median sales price of a home in June of 2021 was $370,600—an 24.4% Will the result take immediate effect?

New Construction 105

New Construction Construction Marketing Agents 105

Housing Wire

OCTOBER 21, 2020

He said as builders work to replenish the supply with new homes, the most recent census data shows a 1.1 million annualized pace for new construction — the highest level since 2007. MBA Associate Vice President of Industry Analysis Joel Kan explained that current inventory rests at just a three-month supply.

Mortgages 435

Mortgages FHA loan Fixed-rate mortgage Loans 435

Realtor.com

JANUARY 2, 2023

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

New Construction 105

New Construction Construction Pre-approval Inspection 105

Housing Wire

MARCH 26, 2024

of outstanding debt was in some stage of delinquency, up by 0.1 For those individuals that are considering selling in the current real estate market , it is important to stress to them that they have several paths that can be taken to find their new home while also not breaking the bank. As of December 31, 2023, 3.1%

Equity 459

Equity Loans Bankruptcy As-is 459

Keeping Current Matters

OCTOBER 20, 2021

While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting for. The post Looking To Move?

Construction 284

Construction Staging Design Sales 284

Marco Santarelli

FEBRUARY 28, 2025

Faster Sales: Homes may sell more quickly, so be prepared to act fast if you find a property you like. I believe, and I have seen, that we need more innovative solutions, such as increasing density in transit-oriented areas and streamlining the permitting process for new construction, to address the affordability crisis effectively.

Marketing 92

Marketing Pre-approval Land Staging 92

Realtor.com

NOVEMBER 7, 2022

. “You will find these incentives explained on websites, social media, signs, and other places a builder might advertise to the public,” explains Kimberly Mackey , founder of New Homes Solutions and a sales and marketing management consultant specializing in residential homebuilding.

New Construction 76

New Construction Construction Finance Closing costs 76

Calculated Risk Real Estate

APRIL 3, 2025

Florida’s homeowners face some unique challenges: Back-to-back hurricanes, combined with rising property insurance costs, insurability challenges, slowing migration and new construction have combined to lower home prices in most major Florida markets. The ICE HPI is a repeat sales index. The index was up 2.7%

Mortgages 52

Mortgages FHA loan New Construction Loans 52

Marco Santarelli

MARCH 22, 2025

Metric Q1 Performance Homes Delivered 17,834 New Orders 18,355 Average Sales Price (after incentives) $408,000 (-1% YoY) While the number of homes delivered and new orders remained relatively strong, the key takeaway is the decline in average sales price. Is it Time to Panic?

Marketing 59

Marketing Pre-approval Lending Staging 59

Marco Santarelli

JANUARY 27, 2023

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. In short, they are considered brand new.

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New Construction Construction Probate sale Investor 52

HomeLight

MARCH 28, 2022

We’ve put together a guide on how to market your house for sale with all the modern trimmings in mind. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Stage and photograph a home office. Get Estimate.

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Sales Marketing MLS Staging 105

HomeLight

APRIL 29, 2024

If your house is outdated or needs repairs, competing with all the new construction homes on the market can feel like a daunting prospect. This option can be a lifeline if you need to move quickly or lack the resources to prepare your home for sale. Receive your offer in 24 hours and close in as few as 10 days.

New Construction 111

New Construction Closing Staging Construction 111

HomeLight

APRIL 19, 2024

If you’re looking to sell a home in Clarksville, Tennessee, that’s outdated or needs work, competing with all the new construction single-family homes and townhomes can be tough. Instead of spending money on repairs and staging, you might consider selling your home for cash to a “We Buy Houses” company in Clarksville.

New Construction 111

New Construction Staging Closing Construction 111

Marco Santarelli

FEBRUARY 17, 2025

New Construction Lag: The construction industry is struggling to keep pace with the demand, as Zillows chief economist Skylar Olsen pointed out. Faster Sales: Homes are likely to sell quickly, so you need to be prepared to act fast. Faster Sales: You can expect to sell your home quickly, often within days or weeks.

Marketing 52

Marketing Construction New Construction Pre-approval 52

Marco Santarelli

FEBRUARY 17, 2025

It's a perfect storm of factors: Low Taxes: New Hampshire is known for its no income tax and no sales tax policy, which is a huge draw. Fast Sales: Homes in Manchester are selling very quickly, indicating high demand. Consider New Construction: With new construction offering potential incentives, this could be a viable option.

Marketing 52

Marketing New Construction Construction Sales 52

Realty Biz

JULY 21, 2022

“Homebuilders have become extremely cautious about the prospect of single-family home sales,” said Lawrence Yun, chief economist at the National Association of Realtors. But as the completion of construction has taken longer, the home now requires finances at a much higher mortgage rate.”.

Construction 117

Construction New Construction Staging Finance 117

The Close

DECEMBER 27, 2022

Therefore, in this article we will explore common real estate market cycles and the indicators you can look for to better understand which market stage your area is in. 8 Stages of Real Estate Market Cycles. While I generally agree with this, I break market cycles down into eight stages to make them easier to follow.

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Investor Staging Marketing Banks 105

HomeLight

APRIL 14, 2023

In this guide, we will review the pros and cons of each approach to help you decide which makes the most sense for your home sale. Get a cash offer with HomeLight’s Simple Sale If you want to sell your house fast in Miami, HomeLight’s Simple Sale all-cash offer platform could be the perfect solution.

Sales 104

Sales Due diligence Agents Closing 104

Marco Santarelli

MARCH 20, 2025

Limited inventory: When there are fewer homes for sale than buyers wanting to buy, demand increases, and homes sell faster. It will be interesting to see how the surge in for-sale inventory in DC plays out in the coming months, considering its large share of federal workers. Make Your Home Show Ready: First impressions matter.

Pre-approval 52

Pre-approval New Construction Marketing Industrial 52

Fancy Pants Homes

MAY 28, 2024

Jackson, thanks to a masterful transformation at the hands of the Elad Group, a prestigious NYC developer known for historic conversions like The Plaza and for its neighborhood-defining new construction like THE 74 on the Upper East Side.

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Sales Design Development Construction 98

HomeLight

OCTOBER 29, 2021

If living in a brand new house with no footprint other than yours appeals to you, you might be thinking about a new build. New construction gives you the chance to move into a house that is exactly what you want because you get to choose everything, from the builder and lot, right down to the light fixtures and bathroom hardware!

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New Construction Construction Inspection Development 103

HomeLight

SEPTEMBER 30, 2022

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Should I hire an agent for new construction?

Construction 111

Construction Purchase and sale agreement New Construction Inspection 111

Marco Santarelli

OCTOBER 22, 2023

The housing market is experiencing a significant slowdown , with economists predicting that 2023 will be the slowest year for home sales since the 2008 housing bubble burst. million sales of existing homes in the United States by the end of 2023. In the United States, sales of new construction homes increased by 1.5%

Sales 52

Sales New Construction Marketing Construction 52

HomeLight

FEBRUARY 14, 2022

We’ll examine some of the particular challenges that townhome sellers may face, then offer expert insights on how to overcome each hurdle for a fast sale. Find an Agent Who Specializes in Townhouse Sales. Instead, to get a fast sale at a crowded price point, she uses creative marketing techniques. And it’s working.

New Construction 105

New Construction Construction Agents Closing costs 105

HomeLight

OCTOBER 23, 2023

Rather than guess at what makes local buyers tick (hint: it’s not inflatable guitars in the front yard), follow this pro advice on how to use fresh landscaping, contemporary colors, and smart staging to make your Nashville home stand out. The difference between staging can mean one week or one year on the market,” says Quinlan.

Staging 111

Staging Marketing Agents As-is 111

The Residential Specialist

FEBRUARY 27, 2024

New construction is always seen as much more expensive. So, I took it upon myself to learn more about it and found that a new build may be expensive up front, but when we look at the one-, five- or 20-year projections, and after considering the new technology and energy efficiencies that builders add, it isn’t actually more expensive.”

Construction 97

Construction Inspection New Construction Residential 97

HomeLight

FEBRUARY 27, 2023

But when it’s an estate sale, emotions can run even higher. He is the broker and owner of Proof Real Estate in San Francisco, California where he specializes in estate sales. On today’s episode, we’re gonna talk about Craig’s five-step formula for estate sale listing success.

Sales 81

Sales Staging Purchase and sale agreement Inspection 81

RIS Media

APRIL 3, 2022

With demand beginning to moderate as some home shoppers are priced out of the market and new construction at near 16-year highs, inventory is expected to hit positive territory year-over-year this summer. Nationally, the inventory of homes actively for sale on a typical day in March decreased by 18.9% Median Listing Price: .

New Construction 98

New Construction Construction Staging Days on market 98

RIS Media

FEBRUARY 17, 2022

Expert takeaway: “New construction continued near its recent pace in January, reflecting strong but moderating homebuilder sentiment, said realtor.com® More than a decade of chronic underbuilding and millions of millennials moving into the homebuying stage of life has created a significant imbalance between housing supply and demand.

Residential 98

Residential Construction Fixed-rate mortgage New Construction 98

Marco Santarelli

JULY 11, 2024

Meanwhile, new construction has lagged, failing to keep pace with this growing demand. Beyond National Numbers: Regional Variations Take Center Stage Experts warn against getting fixated on national forecasts. Additionally, new construction activity could also contribute to a rise in active listings.

Marketing 83

Marketing New Construction Construction Staging 83

Realty Biz

NOVEMBER 20, 2023

You may consider virtual staging if the home decor does not appeal to you. Ask Questions Engaging with the on-site sales representative can be valuable during your model home visit. Buying new construction is a process with many steps. Be bold and ask questions that will provide insights into the home-buying process.

Staging 119

Staging Design New Construction Inspection 119

HomeLight

JULY 12, 2022

First-time buyers were responsible for 27% of those sales, down from 31% in May 2021. All-cash sales accounted for 25% of May transactions, up from the 23% recorded a year ago. Higher prices and mortgage rates conspired to slightly slow sales, which were down 2.6% no more than $2,500 on repairs and staging. Get Estimate.

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Seller concession Closing costs Renovation Title search 111

HomeLight

OCTOBER 29, 2021

Selling a home is always emotional and challenging, but these local OKC market trends should help your odds of a quick sale. Eliminating lender involvement in the sale can slash weeks off your closing timeline. If you’re interested in a cash offer for your Oklahoma City home, we’d suggest starting with HomeLight’s Simple Sale platform.

Staging 93

Staging Investor Agents Industrial 93