Housing Wire

JUNE 29, 2023

Mortgage rates have hovered in the 6% to 7% range for over six months and, despite affordability headwinds, homebuyers have adjusted and driven new home sales to its highest level in more than a year,” said Sam Khater, Freddie Mac’s chief economist in a statement. Since early last year, we have raised our policy rate by 5 percentage points.

Mortgages 363

Mortgages New Construction Investor Construction 363

Housing Wire

JANUARY 11, 2024

Lenders and builders have also shown a heightened interest at a time when construction materials remain costly, labor costs and pay rates are elevated and interest rates remain high. At the same time, a more controlled closing experience could help address closing delays arising from the lender’s side or the construction process.

Title 426

Title Brokerage Construction Closing 426

Housing Wire

DECEMBER 7, 2023

Flagstar offers a broad product set including agency, non-agency, construction products and HELOCs. Flagstar’s partners benefit from its dedicated, hands-on, experienced account executives — who have an average tenure of 12-plus years — and direct access to Flagstar’s sales support operations team, including underwriting.

Lending 312

Lending Banks Technology Mortgages 312

Housing Wire

JULY 6, 2023

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. trillion — with sales of new homes rising in dominance. Fannie Mae recently projected originations for 2023 at $1.59

Renovation 456

Renovation Sales Investor Mortgages 456

Realtor.com

NOVEMBER 17, 2022

Getty Images While buying any home is an expensive endeavor these days, buying a brand-new home—where everything is in pristine condition—will understandably cost a bit more. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

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New Construction Construction Development Renovation 126

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If your house is outdated or needs repairs, competing with all the new construction homes on the market can feel like a daunting prospect. These companies make all-cash offers on homes in any condition or facing any situation. This option can be a lifeline if you need to move quickly or lack the resources to prepare your home for sale.

New Construction 93

New Construction Closing Staging Construction 93

Realtor.com

JANUARY 2, 2023

While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. With that in mind, we’re here to set the record straight on some easily busted new-construction myths that just won’t quit. New construction homes are more expensive.

New Construction 105

New Construction Construction Pre-approval Inspection 105

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

APRIL 28, 2022

“The residential housing market has turned quickly due to historically low inventory of homes for sale and a rapid rise in interest rates due to inflation,” Cindy Flynn, chief marketing and communications officer, said in a statement. “We, It made way for the creation of 450 new jobs after the construction ended in summer 2021.

Mortgages 335

Mortgages Loan Officer Residential Loans 335

Housing Wire

DECEMBER 30, 2022

Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market.

Loans 398

Loans Renovation Construction Mortgages 398

Housing Wire

APRIL 15, 2024

If this scenario unfolds, analysts and executives will be ready to update their baseline expectations for 2024, including fewer refinance and purchase loans than previously forecast. But they also say there’s no more room for a dramatic capacity reduction across the industry. At the end of 2023, they anticipated six rate cuts for the year.

As-is 444

As-is Industrial Mortgages Loans 444

Calculated Risk Real Estate

OCTOBER 20, 2023

“Buyers and sellers of apartments, meanwhile, remain unable to agree to terms on pricing, resulting in the sixth consecutive quarter of declining sales volume.” Over the longer term, demand for multifamily housing remains strong based on demographic trends and market fundamentals.”

Marketing 118

Marketing Equity Finance Lending 118

Housing Wire

SEPTEMBER 27, 2022

In the most recent FOMC meeting , held last week, Powell finally clarified what he meant by that term and what a housing reset means to the Fed. Savagely unhealthy is no longer just a term for the U.S. However, a housing reset isn’t the only pressing issue — we now also have to think about a worldwide global recession.

Banks 464

Banks Construction As-is Marketing 464

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. They are the owner and seller.

New Construction 52

New Construction Construction Probate sale Investor 52

Realty Biz

SEPTEMBER 26, 2023

For those searching for Greece property for sale , understanding the intricacies of the country's real estate regulations and practices is paramount. For those searching for Greece property for sale , understanding the intricacies of the country's real estate regulations and practices is paramount.

Purchase and sale agreement 76

Purchase and sale agreement Sales Due diligence Land 76

RIS Media

NOVEMBER 23, 2020

The MPI measures builder and developer sentiment about current conditions in the apartment and condo market on a scale of 0 to 100. The index and all of its components are scaled so that a number below 50 indicates that more respondents report conditions are getting worse than report conditions are improving.

Construction 74

Construction Commercial Property Management Development 74

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

JANUARY 22, 2024

From the NMHC: Financing Conditions Show Signs of Improvement, Apartment Market Continues to Loosen with Decreasing Deal Flow Apartment market conditions continued to weaken in the National Multifamily Housing Council's (NMHC) Quarterly Survey of Apartment Market Conditions for January 2024.

Marketing 69

Marketing Equity Finance Construction 69

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

RIS Media

FEBRUARY 25, 2021

Inventory constraints appear to have played a part in pending home sales dwindling in January, according to the latest report from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, showed a decline of 2.8% Northeast .

Sales 105

Sales Industrial Construction Mortgages 105

Realty Biz

SEPTEMBER 11, 2023

It's a pivotal point where the homebuyer and seller have agreed on price and terms, but the deal has not yet closed. However, not all homes under contract successfully transition to a successful sale. During this stage, various contingencies, inspections, and other conditions may need to be met before the sale is finalized.

Earnest money deposit 109

Earnest money deposit Inspection Title Finance 109

Realty Biz

FEBRUARY 19, 2024

Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives. Ensure you ask for any "orders of conditions." For example, it is common for conservation boards to ask builders to put up siltation fences during construction. It impacts building types, sizes, and purposes.

Land 126

Land Due diligence Title search Finance 126

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.” Most of the temporary rate buydowns offered through FBC are paid for by builders, he said. “We in year one, go to 5.2% in year three.

Marketing 404

Marketing FHA loan Loans Mortgages 404

Marco Santarelli

APRIL 20, 2024

Rising interest rates have cooled buyer enthusiasm, leading to slower sales and questions about the future. Experts offer some insights into what's on the horizon for housing inventory : Gradual Increase Expected: Many analysts predict a gradual increase in available homes for sale over the next two years.

Marketing 105

Marketing Pre-approval Fixed-rate mortgage New Construction 105

Housing Wire

MARCH 4, 2022

This is why I use the term replacement buyers for housing, and it applies to workers too. Take a look at the jobs data and which sector added jobs in February: Construction jobs came in big again, and we didn’t have any negative sectors the last month. As the baby boomers retire, we need labor to replace them and grow jobs.

Mortgages 382

Mortgages Construction As-is Sales 382

Marco Santarelli

MAY 17, 2024

decrease in total home sales compared to February. decrease in total home sales compared to February. Notably, existing home sales bore the brunt of rising rates, experiencing a decline of 4.3% Conversely, new home sales for March exhibited growth, increasing by 8.8% million vacant homes for sale and rent.

Marketing 52

Marketing Mortgages Sales Construction 52

HomeLight

FEBRUARY 29, 2024

Department of Housing and Urban Development ( HUD ) draws a clear line: any factory-built home made before June 15, 1976 , is classified as a mobile home, while those constructed after this date are considered manufactured homes. However, this path is not without twists and potential potholes.

Purchase and sale agreement 108

Purchase and sale agreement Finance Loans Design 108

Marco Santarelli

NOVEMBER 3, 2023

The Midland, Texas housing market has seen steady growth in recent years, with median sale prices increasing at a faster rate than the national average. In September 2023, the median sale price of a home in Midland was $300,000, up 5.5% The median sale price per square foot in Midland is $118, up 15.7% since last year.

Marketing 80

Marketing Pre-approval Investor Sales 80

Marco Santarelli

APRIL 20, 2024

However, there is an anticipation of an increase in home sales transactions compared to the previous year, with a slower rise in home prices. To address this concern, it's essential to consider various expert analyses and economic indicators that provide insight into the future of real estate.

Marketing 111

Marketing Mortgages Construction Investor 111

RIS Media

SEPTEMBER 17, 2020

In addition, the Fed set a new bar for economic conditions that must be met before interest rates are raised: labor market conditions return to the “maximum employment” and inflation rises to 2 percent and “is on track to moderately exceed 2 percent for some time.” percent with an average 0.8

Fixed-rate mortgage 118

Fixed-rate mortgage Industrial Mortgages Construction 118

Realty Biz

DECEMBER 26, 2023

Buying off plan involves buying a property before its completion and doing so primarily based on architectural plans and designs as per the sales brochures. Understanding Off-Plan Purchases Investing in an off-plan townhouse means agreeing to purchase a property that is yet to be constructed.

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Due diligence Construction Development As-is 80

Broke Agent Media

MAY 25, 2023

Inventory is low, ramping up competition for well-priced homes and, consequently, driving home sale prices up even more, with many selling over the final list price. George’s three-part answer included two conditionals and wrapped up with a clarifying observation on today’s market. #1 So, how can agents answer this question?

Construction 98

Construction New Construction Equity Mortgages 98

Lighter Side of Real Estate

JUNE 15, 2022

According to data in this realtor.com article , the number of existing homes for sale is up 15%, and new construction is up 5%. But the general sense is that the number of houses for sale, and the time it takes to sell a house, will increase more in the not-too-distant future. Still not too much seller competition….

Equity 145

Equity New Construction Construction Sales 145

Windemere Buying

JANUARY 22, 2024

While not always true, older neighborhoods tend to be closer to major employment centers, mass transportation, and multiple car routes (neighborhood arterials, highways, and freeways), and new construction homes are usually found on the outskirts of city limits where there’s more land available for the development.

New Construction 80

New Construction Development Design Construction 80

Marco Santarelli

OCTOBER 14, 2023

As you can see from the chart, mortgage rates have gone through several cycles of rising and falling over time, reflecting the changes in the economic and financial conditions. The housing market also faced some challenges from tighter credit conditions, higher construction costs, and urban unrest. from 1950 to 2023.

Debt-to-income ratio 88

Debt-to-income ratio Mortgages Fixed-rate mortgage Construction 88

Realty Biz

SEPTEMBER 23, 2023

Buyer agents are committed to finding the best properties for their clients and negotiating favorable terms. Buyer agents are committed to finding the best properties for their clients and negotiating favorable terms. Understanding the difference between buyer and seller's agents and how buyer's agents are compensated is essential.

Purchase and sale agreement 73

Purchase and sale agreement Pre-approval Agents Pre-qualification 73

Norada Real Estate

FEBRUARY 3, 2023

You do not need a degree in economics to become market-literate, just an understanding of how local real estate economies work, fluency with the terminology, and good sources for local data on sales, prices, values, and inventories. Sales rise in the spring and decline in the fall. Here are some others.

Marketing 98

Marketing Finance Lending Sales 98