Housing Wire

JULY 26, 2021

New home sales continued to slip in June, falling 6.6% below June 2020’s pace of nearly 900,000, as the price of new homes in June 2021 rose to approximately 6% above last year’s average price. The median sales price of new houses sold in June 2021 was $361,800. The average sales price was $428,700.

Sales 421

Sales VA loan FHA loan Loans 421

Housing Wire

APRIL 16, 2024

According to MBA estimates, new single-family home sales were at a seasonally adjusted annual rate of 615,000 units in March, the slowest annualized pace in four months, and a decrease of 10.7% from the February rate of 689,000 units. Federal Housing Administration (FHA) loans accounted for 26.4% Applications were up 6.2%

VA loan 431

VA loan FHA loan New Construction Loans 431

The Close

NOVEMBER 25, 2022

We are their trusted advisers, and are often their first point of contact in a new city. Easy financing through VA loans. Easy financing through Department of Veterans Affairs loans is another reason. Zero interest loans are an even bigger deal in our current lending environment! It’s also a 0% interest loan.

VA loan 82

VA loan Loans Loan Officer Finance 82

Realty Biz

SEPTEMBER 23, 2023

How Buyer Agents Get Paid Buyer agents are typically compensated through a commission fee, a percentage of the property's final sale price. They analyze property values, market conditions, and comparable sales to help you submit a fair and competitive offer. Guidance on understanding the foreclosure or short sale process.

Purchase and sale agreement 73

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

HomeLight

APRIL 14, 2023

Both buyers and sellers are responsible for certain fees and closing costs in a home sale transaction, which we’ll break down in more detail in the next section. For sellers, the lion’s share of the closing costs is the agent commissions, which are percentages of the home’s total sales price. Who pays for closing costs in Georgia?

Closing costs 93

Closing costs Closing Title Loans 93

Housing Wire

OCTOBER 19, 2021

Based on data from the survey, MBA estimates that there were 66,000 new single-family home sales in September, compared to 71,000 new single-family homes a month prior, a 7% decrease. The estimated pace of new home sales decreased 3.5% The estimated pace of new home sales decreased 3.5%

VA loan 410

VA loan FHA loan Mortgages Loans 410

Housing Wire

AUGUST 22, 2022

“The slide in purchase applications for new homes – now down for the fourth consecutive month and 16% lower than a year ago – is consistent with data on declining homebuilder sentiment and slowing permitting activity for new construction.”. from the revised 56,000 new home sales in June.

VA loan 370

VA loan FHA loan New Construction Loans 370

HomeLight

APRIL 20, 2023

Buy for cash or sell to a cash buyer: A cash buy or cash sale can eliminate two of the biggest expenses: mortgage fees and commissions. Shop around for a mortgage company or loan: Compare interest rates as well as incentives and closing costs. A conventional mortgage is any mortgage that’s not part of a government loan program.

Closing costs 81

Closing costs Closing Inspection Loans 81

Housing Wire

SEPTEMBER 14, 2023

Over one-third (34%) of prospective buyers have yet to purchase a home because there are not enough homes for sale in their budget, according to a new survey from the National Association of Realtors.

FHA loan 441

FHA loan VA loan Loans Finance 441

Marco Santarelli

APRIL 19, 2024

This period between March and June typically accounts for over a third of annual home sales as warmer weather and the end of the school year motivate many buyers to make their move. The latest data indicates affordability constraints are weighing on home sales activity. Total home sales (existing and new) in February ticked up 8.1%

Marketing 52

Marketing VA loan Construction Mortgages 52

Housing Wire

MAY 31, 2022

“Providing affordable housing, especially in large markets like Chicago, is vital,” said Kurt Carlton, co-founder and president of New Western. When we help bring distressed properties back to the market, it’s up to 31% less expensive than a new construction home.”.

Mortgages 384

Mortgages Loans Lending Construction 384

HomeLight

AUGUST 9, 2022

If you back out of the sales agreement and your reason for doing so isn’t covered by contingency written into the contract, the seller can keep your earnest money. Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money. The deal is done!

Earnest money deposit 97

Earnest money deposit VA loan Purchase and sale agreement FHA loan 97

RIS Media

SEPTEMBER 21, 2021

The details: According to MBA estimates using data from the BAS, new single-family home sales were running at a seasonally adjusted annual rate of 874,000 units in August 2021. Unadjusted, MBA estimates there were 71,000 new-home sales in August 2021—an increase of 10.9% from 64,000 new-home sales in July.

Mortgages 105

Mortgages VA loan FHA loan Loans 105

Realtor.com

NOVEMBER 9, 2022

.” As home prices hit new heights over the past few years, down payments in the tightest markets went up and up—a combination of sellers’ demands and buyers’ tactics to beat out the competition. For single-family home sales, the average down payment jumped to a high of more than 14% of the purchase price this year.

VA loan 111

VA loan FHA loan Loans Sales 111

HomeLight

APRIL 13, 2023

of the sales price. Read on to learn more about closing costs, including how much closing costs are in Florida and which costs are traditionally paid by the buyer and seller. $480 Loan origination fees ( 0.5% It’s optional, with one point equal to 1% of your loan amount. of the sales price, based on national averages.

Closing costs 79

Closing costs Closing Title Inspection 79

Real Trends

SEPTEMBER 14, 2023

Over one-third (34%) of prospective buyers have yet to purchase a home because there are not enough homes for sale in their budget, according to a new survey from the National Association of Realtors.

FHA loan 84

FHA loan VA loan Loans Finance 84

Realtor.com

NOVEMBER 28, 2022

While there are a variety of mortgages aimed at helping homebuyers afford a home—such as FHA loans and VA loans —one type that’s often overlooked are USDA loans, which offer excellent terms to those who qualify, including a 0% down payment and low interest rates.

Loans 95

Loans Mortgages FHA loan Debt-to-income ratio 95

Redfin

AUGUST 2, 2022

In other cases, only the home’s structure may be for sale, meaning you’ll likely pay rent for the moorage, similar to HOA fees. And if you’re considering a Federal Housing Administration (FHA) loan or a Department of Veterans Affairs (VA) loan, know that government-backed loans won’t finance a floating home.

VA loan 55

VA loan FHA loan Loans Design 55

HomeLight

SEPTEMBER 1, 2022

For example, in Alachua County, FL, the maximum loan amount is $420,680 for a single-family home, while in Monroe County, FL the loan limit is $710,700. Find the FHA loan limit for homes in the county you are looking to purchase in here. VA loans : For veterans, service members, and surviving spouses.

Earnest money deposit 78

Earnest money deposit FHA loan Purchase and sale agreement Title 78

HomeLight

JUNE 4, 2021

Source: ( LinkedIn Sales Solutions / Unsplash). Flexible financing options — you may still qualify for a conventional, FHA, or VA loan for a small multifamily home. Source: (LinkedIn Sales Solutions / Unsplash). Investing in multifamily homes vs. single-family homes. Can provide a consistent cash flow from rental income.

Residential 100

Residential Investor Commercial Property Management 100