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 406

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 406

Housing Wire

FEBRUARY 8, 2024

They’ll want to know you have what it takes to close the type of deal they are looking for, and that you can help them reach their financial goals. To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. So let your personality shine.

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Agents Construction Design Branding 376

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 531

Marketing New Construction Construction Principal 531

Keeping Current Matters

MARCH 17, 2021

Businesses and schools were forced to close, shelter-in-place mandates were enacted, and the economy came to a screeching halt. However, some businesses are still closed, and many schools are still struggling to reopen. That industry is housing. Sales are up, prices are appreciating, and more new homes are being built.

Construction 216

Construction New Construction Residential Industrial 216

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 315

Lending Banks Technology New Construction 315

RIS Media

JANUARY 26, 2022

New home sales jumped up 11.9% The median sale price in December was $377,770 and the average sale price was $457,300. The seasonally adjusted estimate of new homes for sale at the close of December was 403,000, which is a six-month supply of inventory, assuming current sales rates.

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Sales Construction New Construction Principal 98

HomeLight

APRIL 13, 2023

However, there’s another set of fees and charges you must be prepared for, and those are closing costs. According to ClosingCorp, which provides real estate closing cost data for the mortgage industry, closing costs in Florida, including transfer taxes, average 2.3% of the sales price.

Closing costs 72

Closing costs Closing Title Inspection 72

BAM Media

MAY 28, 2024

Your buyer did WHAT in my seller’s new construction toilet that isn’t hooked up to plumbing yet??” What do you mean there’s an open conservation commission Order of Conditions on the deed from 1977 and we can’t close until it’s resolved, which could very likely mean we have to push out the closing date.”

Title search 105

Title search Title Closing New Construction 105

Marco Santarelli

APRIL 6, 2024

in homes for sale, closely followed by Austin, TX, with 18.1%. Adaptation in Construction: The construction industry, faced with challenges precipitated by the pandemic, has adapted remarkably. Where Recovery Takes Root San Antonio leads the charge with a remarkable surge of 27.1%

Marketing 111

Marketing New Construction Construction Equity 111

The Close

FEBRUARY 2, 2024

At The Close, we always have our finger on the pulse, so we know that some real estate trends come and go, and some change our industry forever. More specifically, one of the hottest real estate industry trends is people moving to the South. It’s no wonder it’s one of the top trends in the real estate industry.

Industrial 57

Industrial Construction New Construction Development 57

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales 101

Sales MLS Short sale Residential 101

Realty Biz

MAY 21, 2023

Miami-Dade County $1 million+ luxury home sales continued outperforming pre-pandemic levels as total median sale prices rose once again as the market leads the nation in real estate appreciation, according to April 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

RIS Media

FEBRUARY 24, 2022

January came out of the gates slower than 2021 when it came to new single-family home sales, according to the latest report from the U.S. A dditional findings: The median sale price of a new home sold in January 2022 was $423,300, while the average sale price was $496,900. Census Bureau and U.S.

Sales 92

Sales New Construction Construction Mortgages 92

GeekEstate

APRIL 22, 2024

My name is Istvan Fehervari, and I’m the Founder & CEO of Homebourse, the New Construction Hub. Numerous services and initiatives exist to address specific needs, such as offering local listings of new construction projects or facilitating online offer submissions. What problem does your product/service solve?

New Construction 68

New Construction Construction Development Industrial 68

Housing Wire

APRIL 26, 2023

Bridge loans are popular among his clients since they allow homeowners to tap into their equity when buying a home, as well as a professional mortgage where buyers in a specific industry can make a 10% down payment without mortgage insurance, Parkinson explained. Niche loans consist of about 5% of Parkinson’s business. “It’s

Loan Officer 389

Loan Officer Mortgages Loans Closing costs 389

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” The National Association of Realtors (NAR) reports that existing-home sales dropped 17.8% in 2022, the weakest showing since 2014.

Marketing 404

Marketing FHA loan Loans Mortgages 404

Housing Wire

JUNE 10, 2022

Based in New Jersey, Esser and her team have been recognized as the No. 1 agent in Tenafly, New Jersey and the No. Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? HousingWire: What are 2-3 trends that you’re closely following? .

Construction 381

Construction Closing New Construction Agents 381

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.

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Sales Due diligence Agents Closing 77

Realty Biz

DECEMBER 26, 2022

Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go, it is poised to end 2022 as its second-biggest sales year ever, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Mortgages Residential 92

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 77

Sales Short sale Mortgages Fixed-rate mortgage 77

Realtor.com

JUNE 30, 2021

Getty Images The numbers: More Americans signed on the dotted line to buy a home last month, but the factors that have tested the nation’s housing market are likely to eat into sales in the months to come. Pending home sales rose 8% in May compared with April, the National Association of Realtors reported Wednesday.

Sales 73

Sales Marketing Loans New Construction 73

Kyle Handy

JANUARY 2, 2023

Network at broader industry events 23. The real estate team has extensive knowledge within the industry. A top real estate team may include some up-and-comers new to the business and some seasoned mentors. Working with some of these top teams in the real estate business can help new real estate agents boost their careers.

Sales 52

Sales Technology Agents Development 52

Housing Wire

DECEMBER 11, 2023

Ruehrwein, who became a licensed agent in 2017 after working in the new construction industry for 28 years, serves clients in Rehoboth and surrounding Massachusetts towns, as well as East Providence and the Narraganset area of Rhode Island. “My According to the release, the firm closed more than $350 million in volume in 2022.

Closing 391

Closing Brokerage New Construction Agents 391

Realtor.com

DECEMBER 7, 2020

Now these markets aren’t cheap—not even close. But most are still less expensive than San Francisco, New York, and Los Angeles. These markets are expected to experience higher price growth and more sales than the rest of the country. Sales are to increase 13.1% Number of home sales: 17.2%. nationally.

Marketing 143

Marketing New Construction Construction Land 143

RIS Media

OCTOBER 28, 2020

Last month, Zillow made an announcement that was not much of a surprise to many across the industry: The portal-turned-iBuyer officially formed its own real estate brokerage, Zillow Homes. In order to gauge the industry’s reaction to the news, RISMedia launched a survey , gathering the insights of over 2,000 real estate professionals.

Brokerage 75

Brokerage Industrial Agents New Construction 75

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. Updated August 31, 2021.

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Agents New Construction Purchase and sale agreement Construction 127

Realtor.com

JANUARY 18, 2023

Their biggest draw is that all of these places offer more affordable homes for sale, compared with their regions of the country. Realtor.com considered the number of homes for sale per 1,o00 households and affordability measured by home prices compared with incomes of 25- to 34-year-olds in the 12 months ending November 2022.

Marketing 116

Marketing New Construction Construction Sales 116

Broke Agent Media

MARCH 6, 2023

Experts also forecast a slide in home sales to 4.2 The results of the Zillow Home Price Expectations (ZHPE) survey are in, with economists and housing market experts weighing in with their forecasts on home prices, home sales, and mortgage rates for 2023 and beyond. from 2024 to 2027. million for 2023, down from 5 million in 2022.

New Construction 94

New Construction Mortgages Sales Development 94

The Close

JANUARY 22, 2024

December’s existing home sales slipped slightly (1%) after a few months of being up, but no one is still predicting a housing market crash and the end of civilization. Pending sales rose 4.1% December pending sales were at the highest level for all of 2023. New listings rose to the highest level since September 2022.

Marketing 84

Marketing Purchase and sale agreement Agents New Construction 84

Realty Biz

APRIL 19, 2024

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. Redfin reported that in January 2024, the American median home sale price was approximately $402,000. This average increased by 5.1

Marketing 90

Marketing Fixed-rate mortgage Construction Residential 90

Marco Santarelli

MAY 2, 2024

San Francisco, Seattle, San Diego , and Los Angeles followed closely behind, all boasting a monthly growth rate exceeding 2%. This growth is partly fueled by a robust influx of new construction, providing much-needed options for move-up buyers. However, this is tempered by the fact that new listings are still 25.4%

Marketing 52

Marketing New Construction Construction Mortgages 52

Marco Santarelli

DECEMBER 23, 2023

Fannie Mae, a key player in the mortgage industry, has recently released its comprehensive housing market forecasts, offering insights into the trajectory of home sales and price growth through the years 2024 and 2025. A more significant jump is projected for 2025, with sales reaching 5.4 million during this period.

Marketing 64

Marketing Construction New Construction Mortgages 64

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?

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Construction Purchase and sale agreement New Construction Inspection 102

RIS Media

JUNE 16, 2021

What the Industry Is Saying. The trend since the onset of the pandemic has been notably higher single-family homebuilding and subdued multifamily construction. . “Single-family starts held firm in May as demand remains strong despite recent gains in new-home costs. Single-family starts came in close to a 1.1-million-unit

Construction 98

Construction New Construction Industrial Residential 98

Real Trends

JANUARY 20, 2023

Every January, the real estate industry is flooded with professionals waxing eloquent on predictions for the year ahead. Prediction 6: Number of sales will certainly be lower The MBA predicts 15% fewer loan applications in 2023, mainly from first-time buyers checking out of the market. Home sales are predicted to be roughly 4.5

New Construction 108

New Construction Construction Loans Mortgages 108

RIS Media

SEPTEMBER 29, 2020

Firm taps industry veteran Chris Lim to lead franchise division. Wong said its target audience is unmoved by the offerings of the “old guard” franchise networks and is struggling to compete against the aggressive tactics of some of the industry’s new, deep-pocketed players.

Purchase and sale agreement 101

Purchase and sale agreement Brokerage Branding Technology 101

Real Trends

DECEMBER 7, 2022

The average closing price currently in the United States is $380,000. Let’s say that each of those 23 listings produces at least one close-able buyer or another listing in the same neighborhood, which is entirely likely when you follow our proven systems. This would make your 23 listings into 46 closings.

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New Construction Construction Investor Sales 83