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

NOVEMBER 3, 2023

Through this offering, consumers may also be eligible to receive a rebate* at closing. titlegenius by Radian, provided by Radian Settlement Services, allows homebuyers and sellers to easily manage their title transaction and closing online and receive real-time updates from their agent for a cohesive experience.

Closing costs 403

Closing costs Short sale Technology New Construction 403

Realty Biz

APRIL 12, 2023

Buying a new construction home involves a different process than buying an existing home, and some people wonder if they need a real estate agent at all to buy one. While you technically do not need a realtor to represent you when you buy a new construction home, there are a few reasons it would be in your best interest to do so.

New Construction 52

New Construction Construction Inspection Finance 52

Norada Real Estate

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.

New Construction 52

New Construction Construction Probate sale Investor 52

Toronto Realty Blog

AUGUST 2, 2023

TorontoRealtyBlog In my life, I have sold and closed on two properties that were a “primary residence,” and both times, I decided to welcome the new buyer with a kind gesture. On Monday, we talked about the nonsense that buyers often have to go through upon closing.

Closing 76

Closing Sales Purchase and sale agreement Agents 76

HomeLight

APRIL 14, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Georgia (GA)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. When it comes to closing costs, the Peach State is one of the friendlier parts of the U.S. to purchase a home in.

Closing costs 101

Closing costs Closing Title Loans 101

Redfin

AUGUST 25, 2020

A surge in homebuilding before the pandemic is now driving growth in new-home sales. Sales of newly-built homes climbed 10.1% year over year in July, recovering to pre-pandemic levels, while sales of existing homes rose just 5.3%. As a result, sales of new homes are growing faster than sales of existing homes. “The

New Construction 67

New Construction Construction Sales Residential 67

Housing Wire

AUGUST 18, 2023

Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. If there are new homes going up, be certain to tour them and understand the builder’s perks and financing before you go to your listing appointment. What is motivating the sale?

Pre-qualification 370

Pre-qualification New Construction MLS Construction 370

HomeLight

APRIL 13, 2023

You successfully negotiated an affordable price for a Nebraska home and are ready for closing. For the final tabulation in determining the cost of your new house, you subtracted the down payment. But did you remember to add closing costs? So, how much are closing costs in Nebraska? Who pays for closing costs in Nebraska?

Closing costs 86

Closing costs Closing Title Title search 86

Realtor.com

OCTOBER 15, 2020

However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. So, before closing on a new-construction home, here are some things you need to consider. Quality of the build. Possible upgrades and design options.

New Construction 138

New Construction Construction Purchase and sale agreement Design 138

Redfin

JUNE 13, 2022

Come prepared with a new construction walkthrough checklist and you’ll know exactly what to look for ahead of time. You might hear a new construction walkthrough called a “blue tape walkthrough.” Blue tape walkthroughs only apply to new construction homes. ” Why?

New Construction 65

New Construction Construction Inspection Closing 65

Housing Wire

JANUARY 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers.

Agents 446

Agents Equity New Construction Days on market 446

Realtor.com

NOVEMBER 7, 2022

to “Purchase before X date, and we’ll pay all of your closing costs.”. Incentives are also commonly offered near the end of a project when there are only a few homes left to sell, since builders might be eager to close the books. Examples might range from “For a limited time, get $5,000 in designer upgrades!”

New Construction 76

New Construction Construction Finance Closing costs 76

Realtor.com

JUNE 24, 2021

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We made an appointment with the development’s sales consultant, then went to see several model homes. It was great.

New Construction 111

New Construction Construction Due diligence Marketing 111

Housing Wire

MAY 19, 2021

National median home prices reached $370,528 for the month of April, a 22% increase year over year and a new record, according to a recent study from Redfin. The number of homes for sale also sank to a record-low average of only 19 days on the market. This housing boom is nowhere close to over.”

New Construction 481

New Construction Sales Construction Closing 481

Housing Wire

DECEMBER 20, 2023

Maybe there’s a builder spec home that doesn’t have 3 offers on it, something that’s back on the market or a for-sale-by-owner home that isn’t getting showings. Look for new construction, even if your buyers don’t think they will like it. Flexible closing date!” “Wanted!

MLS 416

MLS Pre-approval New Construction Construction 416

HomeLight

APRIL 20, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Pennsylvania (PA)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. While some fees are only a few hundred dollars, the final closing costs can run into the thousands.

Closing costs 92

Closing costs Closing Inspection Loans 92

Realty Biz

JUNE 15, 2021

Residential construction in the U.S. Despite declines in both affordability and availability, however, the luxury new construction condo market across the country features more than a few intriguing options, starting with these high-profile developments: 1000M – Chicago, IL. Azure – Clearwater, FL.

New Construction 103

New Construction Development Construction Residential 103

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.

Agents 406

Agents Construction Design Branding 406

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

Inman

FEBRUARY 16, 2024

Construction technology company Higharc closed a $53 million Series B round of financing led by Spark Capital and Pillar VC.

Construction 164

Construction Sales Technology Finance 164

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 368

Lending Banks Technology New Construction 368

Marco Santarelli

APRIL 6, 2024

in homes for sale, closely followed by Austin, TX, with 18.1%. Addressing supply chain disruptions and accelerating build timelines, construction firms have risen to the occasion, contributing to the influx of housing supply. Where Recovery Takes Root San Antonio leads the charge with a remarkable surge of 27.1%

Marketing 111

Marketing New Construction Construction Equity 111

Housing Wire

DECEMBER 3, 2020

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. 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.

Marketing 532

Marketing New Construction Construction Principal 532

Housing Wire

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. The number of existing home sales reflects how the housing sector has been impacted by the Fed’s interest rate policies. Existing home sales are down 19.9% year-over-year.

Mortgages 417

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 417

Housing Wire

JANUARY 6, 2021

This is the first of the company’s strategic homebuilder partners to offer the services to new-construction customers, and they’re starting with the Florida market. As a partner in Offerpad’s Homebuilder Alliance program , Maronda Homes will offers homebuyers listing and direct sale products when purchasing a new build.

New Construction 234

New Construction Construction Closing Sales 234

Housing Wire

AUGUST 3, 2023

Gain-on-sale margins posted for the second quarter of 2023 was 267 points, up from the previous quarter’s 239 points. Rocket reiterated its priority of diversifying client acquisition channels, lowering client acquisition costs and engaging clients through their lifetime — lifting conversion from lead to close. billion from $8.1

Loans 368

Loans Mortgages Loan Officer Principal 368

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 67

New Construction Construction Development Industrial 67

Housing Wire

JANUARY 6, 2022

In November 2021, the supply of homes for sale nationwide as a percentage of occupied residential inventory remained near historic lows at 1.19% — meaning only 119 in every 10,000 homes were for sale — much lower than the historical average of 2.5%. You can’t buy what’s not for sale. It’s not all bad news, however.

Construction 497

Construction New Construction Equity Sales 497

Realtor.com

NOVEMBER 24, 2021

new home sales rose 0.4% Because of a small sampling size, the sales data are often revised sharply. Sales in September were originally estimated at 800,000. Analysts polled by The Wall Street Journal had forecast new-home sales in October to remain steady at an 800,000 rate. Getty Images The numbers: U.S.

Sales 78

Sales Construction New Construction Closing 78

Realty Biz

JULY 23, 2021

Existing home sales rose by 1.4% million units, following four months of declining sales. The sales numbers are based on transactions closed in the month, so they could be contracts signed in April or May, the National Association of Realtors reported. Sales are still up massively on an annual basis. month supply.

Sales 104

Sales Purchase and sale agreement Investor New Construction 104

Housing Wire

OCTOBER 21, 2021

In September 2021, Burlington’s median home sale price was $425,000, a 14.9% Few homes for sale. After losing out on multiple properties, many buyers are turning to new construction. Without listing homes you aren’t going to get closings and we don’t have that many listings right now,” he said.

New Construction 383

New Construction Agents Construction Marketing 383

Housing Wire

APRIL 28, 2022

builder confidence, housing starts, homebuilder, builder, lumber, construction costs. We plan to maintain our flexible operational, and financial position by generating strong cash flows from our homebuilding operations while managing our product offerings, incentives, home pricing, sales pace, and inventory levels to optimize returns.”.

Construction 370

Construction Closing Sales Investor 370

Housing Wire

APRIL 26, 2023

That’s why builders are utilizing closing cost incentives and temporary rate buydowns often funded by lenders. “If But in areas where new construction is strong – including Northern Virginia where Burruss is based – loan officers are taking advantage of being on builders’ preferred lender list.

Loan Officer 395

Loan Officer Mortgages Loans Closing costs 395

Housing Wire

JUNE 10, 2022

It’s an essential skill for anyone who wants to be successful in sales, coaching, and leadership. HousingWire: What are 2-3 trends that you’re closely following? . Stacy Esser: First, rising interest rates are one of the most closely watched trends in the housing market. HousingWire: What keeps you up at night and why? .

Construction 383

Construction Closing New Construction Agents 383

Housing Wire

APRIL 18, 2024

Existing home sales slumped last month under the weight of elevated mortgage rates. Existing home sales receded by 4.3% Year over year, sales fell by 3.7%. Existing home sales posted a year-over-year price gain for the ninth consecutive month and reached the highest price ever for the month of March. million, down from 4.38

Sales 414

Sales New Construction MLS Construction 414

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