Understand and master new construction to grow your business
Inman
SEPTEMBER 5, 2023
Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market.
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Inman
SEPTEMBER 5, 2023
Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market.
Inman
APRIL 21, 2023
Zonda, a technology company that leverages extensive data resources to deliver enterprise software to commercial homebuilders, has released a front-end system for finding new-construction homes. The website is called Livabl.
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Housing Wire
APRIL 5, 2024
Against that backdrop, Zillow identified prime markets for first-time homebuyers , and half of them were nestled in the Midwest. The increase in new listings this spring, due both to new construction and to more homeowners choosing to sell, will give buyers more options and help to ease price growth.
Housing Wire
SEPTEMBER 27, 2023
housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. housing market has surged by more than $2.6 Fueling this increase is new construction, according to Divounguy, even though the 1.3%
Realty Biz
MARCH 4, 2024
Embarking on the journey of purchasing new construction, particularly a freshly constructed one, is a thrilling venture brimming with anticipation. So, What Isn’t Included with a New Construction Home? The post What Isn’t Included with a New Construction Home?
RIS Media
JULY 19, 2023
One month after the biggest surge in housing starts in the last couple years, new constructions fell sharply, disappointing analysts and blunting hopes of a long-term rally by builders. Starts fell 8% in June, after rising over 21% in May, with new permits down 3.7%
Marco Santarelli
APRIL 17, 2024
This downturn coincided with a surge in mortgage rates, with the benchmark 30-year fixed rate loan inching close to 7%, casting a shadow over the housing market. In March, the pace of new construction witnessed a substantial slowdown, evidenced by a 14.7% decrease in housing starts compared to the previous month.
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. Falling Lumber Costs Could Level Out the Market. Will the result take immediate effect?
Housing Wire
JULY 26, 2023
“New home sales continue to be an outsized share of the housing market ,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. The market for new homes is booming because the number of existing homes coming on the market has slowed to a two-decade low.
RIS Media
AUGUST 16, 2023
After a surprising decline in housing starts that perplexed pundits earlier in the summer, new construction ticked up last month, according to the latest new residential construction data from the U.S. Buoyed… The post New Construction Rebounds With 3.9% Census Bureau. Total housing starts enjoyed a 3.9%
RIS Media
MAY 17, 2023
1 issue in many regions and prices largely remaining resilient, homebuilders appear poised to add some much needed new homes to the market, with data showing another uptick in housing starts last month. With inventory back to being the No.
Housing Wire
FEBRUARY 22, 2024
Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like? Balancing supply and demand is a delicate dance between new construction and existing properties.
Housing Wire
DECEMBER 3, 2020
1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 months worth of supply, according to Keller Williams Realty Boise , and homes typically stay on the market for just five days.
RIS Media
AUGUST 2, 2023
As they prepare to release their second quarter earnings reports, Zillow and Redfin announced a partnership to connect home builders with buyers in the market.
Housing Wire
OCTOBER 5, 2023
The real estate market in China, both commercial and residential, have been unwinding over the last few years. Chinese real estate investments extend beyond their borders and if those investors suddenly need to liquidate those assets to cover losses at home , many countries real estate markets could be negatively impacted. In the U.S.,
Realtor.com
JANUARY 11, 2023
Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes.
Housing Wire
SEPTEMBER 27, 2023
Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Others allocated resources into digital marketing (31.1%), automation technology (26.7%) and market data (19.3%). Home price gains hit a new high , rising 0.6%
Realty Biz
AUGUST 5, 2023
Buying a new construction home has its pros and cons. As the first owner, you'll enjoy the peace of mind of owning a brand-new property. New homes often require fewer repairs and updates since everything is up to date-and in good condition. For others, typical construction is what they have their hearts set on.
Housing Wire
FEBRUARY 24, 2023
The uptick in the sales pace resulted in just 439,000 new homes remaining on the market at the end of the month, representing 7.9 The backlog of new construction homes continues to emerge into the market just in time for the spring shopping season,” Nicole Bachaud, Zillow ’s senior economist, said in a statement.
McKissock
MAY 6, 2022
New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Those requirements can make it hard to find other new construction comparables.
Maximum Exposure Real Estate
JANUARY 24, 2022
Should You Hire a Home Inspector For a New House? Should you get a new construction home inspection? The post Is a New Construction Home Inspection Needed? When you buy an existing home, a home inspection isn’t a difficult decision. But if you are buying […].
Realtor.com
NOVEMBER 17, 2022
Compare that with a preexisting home’s median price of $396,300 , and it’s clear that buying brand-new might set you back tens of thousands of dollars extra. 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.
Realtor.com
JANUARY 17, 2023
Getty Images One of the reasons many homebuyers are drawn to buying a brand-new home is that they often get to choose many of the home’s features to suit their tastes. But with new construction, you can call the shots on countertops, fixtures, flooring, paint colors, and so much more to make your home feel like, well, you!
Housing Wire
FEBRUARY 21, 2024
The acquisition marks a milestone in Zonda’s path to streamlining the new home shopping process. Zonda will be able to integrate its new construction data and tech platform with the leading portal for U.S. new home listings. Zonda also operates Livabl , Canada’s leading new construction listings site. “By
Louisville Homes
DECEMBER 21, 2021
On a regular basis, acquiring good quality construction materials, visiting the construction site, and negotiating with the labor force, laborers, and painters is a physically challenging activity. In this piece, we’ll look at new construction pros and cons. Customization Is Amazing. Limited Options.
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.
Housing Wire
FEBRUARY 1, 2023
” The seasons ahead Industry experts believe that the purchase market will recover in the spring, despite the volatility. “Most listings are dilapidated homes or new constructions,” he said. “Homes in many markets are already starting to get multiple offers.
Realty Biz
NOVEMBER 8, 2022
New construction homes are becoming increasingly popular. They offer many advantages, such as the ability to customize your home to your specific needs and wants, and the peace of mind that comes with knowing your home is brand new. It’s important to do your research before picking the new construction home you want to be in.
Realty Biz
AUGUST 14, 2022
The company said contractors on new constructions will be able to make use of its entire solution, which generates 3D models and exterior measurements, using blueprints of designs. In other words, it now supports both existing homes (through smartphone photos) and new constructions.
Real Trends
MARCH 29, 2023
Builders responded in kind, gearing up the development of new homes to meet the growing demand. There was one problem, we were already at a new home deficit, making the new home market incredibly competitive. New homes began to linger on the market. The new homes on the market today are top-of-the-line.
Housing Wire
DECEMBER 2, 2020
Additional lockdowns and quarantines due to COVID-19 could put a dent in housing inventory and sales, potentially slowing down the market and putting increased pressure on buyers, the forecast said. The 2021 housing market will be much more ‘normal’ than the wild swings we saw in 2020,” said realtor.com’s Chief Economist Danielle Hale.
Real Estate News
SEPTEMBER 2, 2023
New construction homes and multifamily housing are on different tracks. Here’s why that matters, and what’s coming in the next year.
Marco Santarelli
MAY 11, 2024
The US housing market continues to defy expectations in 2024. This trend highlights a nationwide issue – a lack of new construction in many regions has created a seller's market, where buyers compete for a limited number of available homes, pushing prices ever higher.
Inman
JANUARY 17, 2024
Find out how this innovator, and Guinness Book record-holder, is transforming the marketing of new construction. As part of Brandon Doyle's Snapshot series he talks to HomesUSA founder and CEO Ben Caballero.
Marco Santarelli
APRIL 6, 2024
The tumultuous wave of the COVID-19 pandemic swept across the housing market landscape, leaving in its wake a trail of unprecedented shifts. However, amidst this flux, there are pockets of resilience—housing markets that have not only weathered the storm but have emerged stronger, with inventory levels surpassing pre-pandemic benchmarks.
Housing Wire
SEPTEMBER 22, 2023
The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. However, a silver lining in the subdued housing market is the strength in new-home sales. They were withdrawing volatility from the market, and they were lowering rates to benefit consumers.
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.
Housing Wire
APRIL 15, 2024
Competition in the housing market is heating up heading into May and June. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. properties are spending minimal time on the market. Home prices are surging in major U.S.
Inman
SEPTEMBER 27, 2023
New-construction homebuilders are using incentives to garner an outsized share of the current housing market and capitalize on buyer demand. Windermere Chief Economist Matthew Gardner checks the numbers to see how their strategy is working now and what it means for 2024.
Housing Wire
FEBRUARY 4, 2021
There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. Are you hoping to buy a home in 2021’s hot housing market ? A homebuyer’s guide to a competitive housing market.
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.
Better Dwelling
AUGUST 7, 2021
Statistics Canada (Stat Can) data shows large advances in the Big Six real estate markets in Q2 2021. Both new and existing home prices increased very quickly. However, existing home prices grew at twice the rate of new homes. Canada’s Big […].
Realtor.com
JUNE 24, 2021
In this latest installment of our new series, “ First-Time Homebuyer Confessions ,” we spoke with Nicole Krouse (who happens to be director of marketing at Realtor.com ). Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. So we thought, “Why not?”
Coldwell Banker
AUGUST 3, 2020
South Florida’s real estate market continues to see a slow but steady recovery during the current coronavirus pandemic that changed the way day-to-day real estate business nationwide is conducted, from showing properties to prospective buyers, to the closing process and more.
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