Housing Wire

JANUARY 27, 2025

Census Bureau and the Department of Housing and Urban Development. Additionally, there are 268,000 homes currently under construction. Furthermore, there remains a record high of 108,000 homes that builders have not yet started constructing, all while mortgage rates remain above 7%. percent (19.7 percent (16.2 percent (19.7

Sales 461

Sales Construction Mortgages Residential 461

Housing Wire

JULY 19, 2024

“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.” This could make the overall cost to entry — which is already low — more digestible.

Construction 466

Construction Finance Development Marketing 466

Housing Wire

JANUARY 16, 2025

On Twitter today, the Minneapolis Fed tweeted out a quote from one of their recent articles : “9th District apartment construction is expected to slow down soon as number of construction permits sought by developers fall. It’s not booming. It’s not falling.” ” message.

Mortgages 500

Mortgages Residential Construction Marketing 500

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 375

Construction Development Marketing As-is 375

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

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 407

Construction Land Development New Construction 407

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 466

Sales Construction Mortgages Residential 466

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 441

Construction Development MLS Mortgages 441

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 421

Investor New Construction Construction Loans 421

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 527

Construction Renovation New Construction Development 527

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 419

Construction Commercial Land Development 419

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 421

Construction Development As-is Marketing 421

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 382

Marketing New Construction Construction Development 382

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 311

Construction New Construction Development Land 311

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 384

Construction Land Development As-is 384

Housing Wire

JUNE 16, 2025

Rule modification, industry pushback The home inspection regulation was developed after a public comment period in May, during which EOHLC received more than 100 submissions. It also prevents sellers from accepting offers if they are informed in advance that the buyer intends to forgo an inspection.

Inspection 333

Inspection Pre-approval Development New Construction 333

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

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 329

Purchase and sale agreement New Construction Construction Closing costs 329

Housing Wire

MAY 21, 2025

Founded in 2022 as a spinoff from Airbnb , Samara has broader goals to revolutionize housing construction with a streamlined, cost-efficient model one that founder and CEO Mike McNamara believes could be a meaningful piece of a much larger national puzzle. Those interested in applying for the program can do so here.

Construction 353

Construction Finance Development Industrial 353

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 466

Construction Land Residential Mortgages 466

Housing Wire

MAY 22, 2025

840 , which relates to certain mixed-use and multifamily residential development projects and conversion of certain commercial buildings to mixed-use and multifamily residential occupancy, according to the language of the bill. The Texas House of Representatives gave its approval to S.B Greg Abbott (R) and be signed into law.

Commercial 341

Commercial Residential Construction Development 341

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 409

Development Construction Finance Investor 409

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 450

Construction Development Investor As-is 450

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 384

Development Design Technology Construction 384

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 485

Sales Construction Mortgages Development 485

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 441

Construction Renovation Principal Development 441

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 466

New Construction Construction Agents Marketing 466

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 354

Residential Lending Finance Banks 354

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 337

Equity Finance Construction Development 337

Housing Wire

JUNE 10, 2025

ADUs offer a flexible, cost-effective way to generate rental income, accommodate aging family members, or even provide young adults with an independent living space—all without the need for costly relocations or massive new developments. And, as cities across the U.S. Here are insights to consider if a prefab ADU is on your radar.

Construction 409

Construction Land As-is Development 409

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 534

Construction Closing costs Renovation Title 534

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 458

Construction Development Mortgages New Construction 458

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 500

As-is Sales New Construction MLS 500

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

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 431

Development Industrial Mortgages Fixed-rate mortgage 431

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 353

Renovation Land Construction Development 353