Housing Wire

DECEMBER 20, 2024

It is encouraging to see some uptick in apartment construction in some of our larger communities. Underlying issues Despite this progress, Dapice and others are frustrated by the lack of new construction especially starter homes in the state. Its a big deal. They want to attract younger employees, including recent college graduates.

Construction 433

Construction Land Development New Construction 433

Housing Wire

APRIL 24, 2025

The report evaluates each state using weighted criteria tied to affordability and construction activity. Homebuilding was assessed using construction permit volumes relative to population and price differences between new and existing homes. These states face a combination of high home prices and limited new housing development.

Construction 329

Construction New Construction Development Land 329

Housing Wire

OCTOBER 25, 2024

Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training. Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training.

Investor 448

Investor New Construction Construction Loans 448

Housing Wire

OCTOBER 18, 2023

Department of Housing and Urban Development and U.S. However, permits for future construction recorded a 4.4% “Slower construction activity in the Northeast could reflect cooler demand as well as challenges builders face in finding availability lots,” she said. Could multifamily construction stall?

Construction 468

Construction Development MLS Mortgages 468

Housing Wire

OCTOBER 24, 2024

We had no growth in residential construction work hiring earlier in the year when rates were higher. I recently raised this concern about housing construction and new home sales in an interview on CNBC. Census Bureau and the Department of Housing and Urban Development. Then mortgage rates fell from 7.5% percent (±14.7

Sales 488

Sales Construction Mortgages Residential 488

Housing Wire

JANUARY 16, 2025

Using growth indicators that measure upcoming construction and development, southern metros take eight spots in the top 10 list. in new construction, 7.2% in builder/developer land, 4% in recent build and 1.1% The fires are also projected to slow construction growth as the area starts the rebuilding process.

New Construction 370

New Construction Marketing Land Construction 370

Housing Wire

JANUARY 9, 2025

Bruce Harrell Last year, Harrell introduced a bold plan that would aim to double the citys zoning capacity, which City Hall said could lead to the construction of 80,000 additional homes by 2044. He is also looking to create 30 neighborhood centers that could allow for the construction of five-story apartment complexes.

Construction 447

Construction Commercial Land Development 447

Housing Wire

MARCH 31, 2025

Florida’s long-standing reputation as America’s affordable sunshine paradise is rapidly dimming under the weight of skyrocketing housing costs, unsustainable insurance premiums and crumbling infrastructure, according to a new report from real estate analytics firm Cotality.

Construction 448

Construction Development Marketing As-is 448

Housing Wire

NOVEMBER 4, 2021

To keep pace with current construction demand, and account for attrition, 740,000 new construction workers are needed each year for the next three years , a report by the Home Builders Institute contends. million new hires for construction. The construction worker shortage has reached crisis level. wage of $49,000.

Construction 529

Construction Renovation New Construction Development 529

Housing Wire

APRIL 18, 2025

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. New builds come with builder warranties and construction quality may vary due to labor shortages, and delays can occur.

Purchase and sale agreement 347

Purchase and sale agreement New Construction Construction Closing costs 347

Housing Wire

MARCH 7, 2025

In the most in-demand markets, homes sold in 33 to 51 days, significantly below the national median of 66 days. These properties also attracted two to four times as many views per listing as the typical U.S. ” The report found that affordability remains a major driver of demand. There’s only about a two-month inventory in Haddonfield.

Marketing 395

Marketing New Construction Construction Development 395

Housing Wire

MAY 14, 2024

As a result, some homebuilders have doubled down on the construction of built-to-rent (BTR) homes. The momentum is continuing as another 99,000 BTR homes are under construction in 2024, although the breakneck pace is expected to ease in 2025. Many builders feel bullish about places that are low on rental supply.

Construction 475

Construction Development Investor As-is 475

Housing Wire

NOVEMBER 29, 2024

New-home construction in the U.S. StorageCafe describes this discrepancy as the “missing middle,” and analysts blame zoning laws and rising construction costs. StorageCafe describes this discrepancy as the “missing middle,” and analysts blame zoning laws and rising construction costs. ”

Construction 397

Construction Land Development As-is 397

Housing Wire

JANUARY 17, 2024

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. Index values for December published last week.

Construction 488

Construction Land Residential Mortgages 488

Housing Wire

JANUARY 14, 2025

The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. ” Nikol Solares Solares brings 20 years of experience in luxury development, new construction sales and marketing to her new role. .” ” Vellano also offers decades of experience in his new role.

Brokerage 370

Brokerage Development New Construction Agents 370

Housing Wire

DECEMBER 9, 2024

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

Principal 370

Principal Land Development Renovation 370

Housing Wire

JULY 11, 2024

The latest annual report from The Counselors of Real Estate highlights 10 major issues expected to impact the housing industry in 2024, but developers are painfully familiar with at least two of them: labor shortages and skyrocketing capital costs. The result is a sharp increase in labor costs, and longer construction times.

Development 434

Development Construction Finance Investor 434

Housing Wire

JULY 22, 2024

Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homelessness ,” the department explained.

Construction 469

Construction Renovation Principal Development 469

Housing Wire

DECEMBER 20, 2024

And actual robotic assistance is something being developed in other parts of the world, including through government endorsement of the idea. These include the active encouragement by the governments of the countries examined to construct robots for social utility, including for in-home care.

Development 397

Development Design Technology Construction 397

Housing Wire

NOVEMBER 26, 2024

Census Bureau and the Department of Housing and Urban Development. However, it’s important to understand that housing starts are currently at recession levels because mortgage rates are too high to encourage new housing construction. When we remove the South from the analysis, even the month-to-month sales figures are positive.

Sales 501

Sales Construction Mortgages Development 501

Housing Wire

OCTOBER 15, 2024

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

New Construction 488

New Construction Construction Agents Marketing 488

Housing Wire

NOVEMBER 10, 2022

In response, multifamily construction has skyrocketed over the last year, hitting a historic high of 841,000 units under construction nationwide in June of this year, according to research from the National Multifamily Housing Council and the National Apartment Association. Department of Housing and Urban Development.

Construction 482

Construction Development Mortgages New Construction 482

Housing Wire

APRIL 16, 2025

This tailwind is currently under threat as developers grapple with the short-term and long-term impacts of new and evolving tariffs on building materials. Higher material costs could lead to construction delays, cancellations or increased expenses that may eventually be passed on to renters.

Construction 229

Construction Development Marketing As-is 229

Housing Wire

FEBRUARY 24, 2025

Despite the stated expectations of retirees, the data used in the briefs construction suggests instead that tapping equity is actually a typical response to LTC shocks, the brief explained. While many retirees often do not intend to tap their home equity to finance such moves, they may often end up doing so.

Equity 342

Equity Finance Construction Development 342

Housing Wire

JANUARY 28, 2025

… The trend over the last few years of banking financing retreating from this sector , I think it opened up a lot more opportunities for BPL lenders to be the at the forefront of the funding solution to residential developers and investment. . Multifamily developments have been picking up with a very strong start.

Residential 357

Residential Lending Finance Banks 357

Housing Wire

JULY 19, 2024

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0

Development 459

Development Industrial Mortgages Fixed-rate mortgage 459

Housing Wire

FEBRUARY 1, 2023

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. Department of Housing and Urban Development (HUD), according to lawyers.

Construction 418

Construction Loans Loan Officer New Construction 418

Housing Wire

SEPTEMBER 26, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. In August, the sales pace of new homes fell 8.7%

As-is 511

As-is Sales New Construction MLS 511

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. This would act as an equivalent to reducing the mortgage rate by more than 1.5%

Construction 535

Construction Closing costs Renovation Title 535

Housing Wire

FEBRUARY 18, 2025

Despite that projected need for more senior housing, however, development on dedicated senior housing units and facilities ground to a halt during the COVID-19 pandemic and has largely stood still since then, the report explained. This is according to a report published this week by the Wall Street Journal. The projected aging of the U.S.

Marketing 334

Marketing New Construction Development Construction 334

Housing Wire

NOVEMBER 13, 2024

The goal is to help them avoid homelessness by funding affordable housing construction, home repairs and adaptations as well as giving out financial assistance. The new commitment furthers the foundation’s stated goal of reaching $750 million in investment activity. There are four key areas the funding will be applied toward.

Technology 370

Technology Renovation Construction Development 370

Housing Wire

SEPTEMBER 5, 2023

It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros. The latest HBGI data continue to show a changing geography for home construction,” Robert Dietz , the NAHB’s chief economist, said in a statement. “The of all single-family building in the quarter.

Construction 435

Construction Mortgages Development Marketing 435

Housing Wire

MARCH 27, 2025

percent in 2025, with some regions experiencing hikes of 20 percent or more, according to data by Construction Coverage. rental market has become more competitive than ever, driven by a combination of rising demand, limited availability due to a lack of new rental housing supply, and regional economic pressures. have continued to surge.

Agents 392

Agents Marketing Property Management Construction 392

Housing Wire

APRIL 4, 2025

Department of Housing and Urban Development (HUD) is reportedly ramping up its discussions about relocating its headquarters in Washington, D.C., Weaver Federal Building has been home to HUD since the General Services Administration (GSA) completed its construction in 1968, using brutalist architecture. The Robert C.

Renovation 356

Renovation Land Construction Development 356

Housing Wire

NOVEMBER 29, 2023

Census Bureau and the Department of Housing and Urban Development. Home construction New home construction ramped up early in the pandemic but moderated as interest rates ticked up and mortgage rates followed. The rate of homes under construction has roughly plateaued since April 2022. The figure – up 17.7%

Construction 448

Construction Sales Finance Land 448

Housing Wire

MARCH 30, 2023

ICBA, along with a team of community bankers and technology vendors, collaborated with Bureau staff for over two years to develop these modified TRID disclosures,” the letter , sent by the group to CFPB Director Rohit Chopra , states.

Construction 397

Construction Loans Banks Lending 397

Housing Wire

NOVEMBER 22, 2024

In November 2023, CoreLogic reported a 2.7% annualized increase in U.S. single-family rents. But the narrative is more complex in niche markets like the Texas capital of Austin. Social media posts have fueled speculation that Austin’s rental market is in freefall. What Austin is seeing is not that,“ he said. 20 — $4 less than the national average.

Marketing 370

Marketing Construction As-is Residential 370