Construction Equity New Construction Pre-approval 
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.
Marco Santarelli
MAY 11, 2024
Home Equity Softening, Not Disappearing The report highlights a slight decrease in the percentage of homes considered “equity-rich,” where the loan value is less than half the estimated market value. This signifies that homeowners, by and large, still hold a healthy level of equity in their properties.
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Realtor.com
JULY 9, 2021
The couple lived in a third-floor apartment with their two children in a pre-war building they loved on Manhattan’s Upper West Side. We kept it in the pre-war style of the building, so we maintained its spirit, but everything is modern and new.”. We wanted the apartment to be our own and to reflect what we like,” she said. “We
RIS Media
MARCH 25, 2022
Another shift noticed by the brokers who participated in the roundtable is that people are not interested in homes requiring significant sweat equity. New Construction: . According to participating brokers, permit logjams, supply chain issues, and lack of builder confidence have created a dire shortage of new homes.
Toronto Realty Blog
SEPTEMBER 23, 2022
Condominium cancellations were rampant in the pre-construction industry and people were starting to get pissed. Pace Developments informed her it’s cancelling their agreement from March 7, 2020, and returning Palma’s deposit even as construction on the walk-up condos continues. I mean, people were always pissed.
Keeping Current Matters
FEBRUARY 24, 2021
She then offers a possible solution: “While the fear of not being able to find something to buy will not disappear in a limited supply environment, new housing supply can incentivize existing homeowners to move.”. There’s no doubt many sellers would love to build a new home to perfectly fit their changing wants and needs. Bottom Line.
Real Trends
FEBRUARY 27, 2023
New build sales reps can be a goldmine , especially in medium-priced and luxury new construction communities. This means they know who has a home to sell before they can close on the new one! New build sales reps can also tell you which homes are about to fall out of contract. Aim for five relationships like this.
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