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 406

Construction Land Development New Construction 406

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

JULY 19, 2024

Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We AscentDS product offerings will include short-term loans to acquire, renovate or build single-family and multifamily properties, as well as post-completion bridge financing. now known as Rithm Capital.

Construction 431

Construction Development Loans Lending 431

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 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

JUNE 3, 2022

After a month of very little change in April , the construction sector had a solid month of job growth in May, according to the U.S. Construction gained 36,000 jobs in May, with residential building adding 5,000 jobs and residential specialty trade contractors gain 11,700 jobs. The post Residential construction jobs now 7.6%

Residential 458

Residential Construction Renovation Banks 458

Housing Wire

OCTOBER 24, 2024

“I knew things were going down, but I didn’t know how bad it was until people started knocking on our door.” Now Sandoval, who was featured earlier this year in a Wall Street Journal article , is the one knocking on the doors of homeowners facing foreclosure or other distressed circumstances. There is nothing like that face to face.

Bankruptcy 421

Bankruptcy Equity Hard money loan Finance 421

Housing Wire

DECEMBER 9, 2024

The grant funds will be primarily deployed to bolster infrastructure, construction or renovation of community buildings, housing rehabilitation, land acquisition and economic development for the American Indian and Alaska Native populations. Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6

Principal 369

Principal Land Development Renovation 369

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. Mortgage interest rates have steadily ramped up throughout 2024. Why is that important?

Loans 301

Loans Mortgages Equity Construction 301

Housing Wire

JUNE 5, 2025

The report also acknowledged that choosing to stay at home is becoming easier with advancements in technology, and accompanying home and renovation designs for new and retrofitted construction. Senior living organizations must recognize these realities as aging in place grows more popular, according to Howard Braxton.

Renovation 305

Renovation Construction Technology Industrial 305

Housing Wire

JUNE 24, 2024

But a nonprofit organization in the Seattle area is seeking to help more seniors renovate their homes to age safely. Overall Seattle-area construction costs have stabilized in the last year, but remain 40% higher than pre-pandemic,” the Times noted. The Seattle area is a hot housing market. year over year.

Renovation 379

Renovation Construction As-is Mortgages 379

Lighter Side of Real Estate

NOVEMBER 25, 2024

Thinking about a major home renovation? But if you’re thinking more along the lines of “five years, maybe less,” you might want to scale down those renovation dreams. Especially if it doesn’t make you more money on the sale of your home… 2) “ Will it improve the value of the home more than the cost of renovations?”

Renovation 108

Renovation Branding Construction As-is 108

Keeping Current Matters

OCTOBER 13, 2021

If you’re a homeowner who wants to add any of the above, you have two options: renovate your current house or buy a home that already has the spaces you desire. The difference in the cost of a renovation versus a purchase. If you decide to renovate, you’ll need to refinance (or take out an equity loan) to access the equity.

Renovation 330

Renovation Equity Mortgages Design 330

Housing Wire

JUNE 10, 2025

Custom construction: Financing for second homes, investment properties, or fully custom builds. Renovation and remodeling: Fast, flexible funding for upgrades that boost resale potential or enhance day-to-day living. The Bellevue, Wash.-based

Finance 236

Finance Lending Renovation Residential 236

Lighter Side of Real Estate

JUNE 6, 2025

Renovating a home can be an adventure. For others, it’s the start of a multi-month saga involving uncontrollable delays, budget explosions, and a fine layer of drywall dust that may linger until your next renovation project. 1 point) 7) You watch home renovation shows to… Pick up tips on how to renovate like the pros. (3

Renovation 108

Renovation Equity Construction Design 108

Housing Wire

AUGUST 17, 2020

Additionally, remodel volume – a subset of maintenance that includes renovations, additions, and alterations – increased 2.59% while spend decreased 1.59% year over year. Last month, Buildfax estimated if single-family authorizations and existing housing activity continue to gain, new construction could stabilize in the Fall.

New Construction 508

New Construction Construction Renovation Residential 508

Housing Wire

APRIL 20, 2021

After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

Renovation 441

Renovation Loans Construction Finance 441

Housing Wire

JANUARY 9, 2024

Here are a few trends in financing that will continue to catalyze the construction of more ADUs: Expanded access to mortgage financing The Federal Housing Authority announced a new policy in October 2023 that has made it easier to finance construction of new ADUs, as well as making it more achievable to buy or refinance a house with an existing ADU.

Finance 485

Finance Construction Loans Renovation 485

Housing Wire

JULY 19, 2024

We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.” In a competitive market full of options, banks must rely on more than their rate sheet to compete for the business of third-party originators.

Lending 433

Lending New Construction Renovation Banks 433

Housing Wire

MAY 12, 2021

And for those who still want to build a home from scratch, rising construction costs , limited lot sizes, and excessive red tape can make the process seem insurmountable. Considering how much construction technology, materials, and techniques have evolved, building a new home should be far simpler than it is. Opportunities to innovate.

Construction 458

Construction Technology Inspection Industrial 458

Housing Wire

JUNE 1, 2021

Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. The tax credit would cover the difference between total development costs — including acquisition, rehabilitation, demolition and construction — and the sales price.

Title search 508

Title search Title Renovation Investor 508

Housing Wire

JULY 10, 2024

But when the apartment’s landlord declared that all units in the building would be renovated and force all current tenants out, the clock began ticking for a solution. After enlisting a local architect who understood the needs of aging, a new ADU of 650 square feet was constructed after four years at a cost of roughly $400,000.

Mortgages 450

Mortgages Construction Renovation Loans 450

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. We have not been exempted from these market and capacity issues and we now have an operational backlog for renovations and closings. construction workers.

Renovation 384

Renovation Construction Brokerage Agents 384

Housing Wire

NOVEMBER 23, 2021

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work. The support is clear.

Renovation 450

Renovation Construction Development Finance 450

Housing Wire

JULY 16, 2024

Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. In conjunction with Biden’s proposal, the Bureau of Land Management (BLM) announced it will open a public comment period on the sale of 38 acres of public land in Nevada for the purpose of affordable housing construction.

New Construction 466

New Construction Construction Land Development 466

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. Mortgage products expected to get love .

Loans 410

Loans Renovation Construction Mortgages 410

Housing Wire

MARCH 4, 2022

jobs report released Friday shows that 678,000 non-farm payroll jobs were added in February, and the return of skilled labor in residential construction is reason alone for optimism. After losing 5,000 jobs in January, the construction sector rebounded gaining 60,000 jobs in February. After mixed results in January , the U.S.

Residential 370

Residential Construction Renovation Industrial 370

Housing Wire

AUGUST 29, 2024

At HVPG, we recently completed a renovation at a senior living facility in Jersey City, a city experiencing rapid growth with almost 30% of its current population arriving in 2021 or 2022. Our renovation includes features such as step-free entrances, wider doorways, and bathroom modifications. rose 37.5%.

Renovation 431

Renovation Development New Construction Land 431

Housing Wire

MAY 24, 2024

The lender also provides rate-and-term and cash-out refinancing, along with construction and renovation loans. Movement Mortgage , a multichannel mortgage lender, has appointed Joe Thompson as its new regional director. I align perfectly with Movement’s core conviction of existing to love and value people.”

Mortgages 418

Mortgages Loan Officer Renovation Loans 418

Housing Wire

JANUARY 19, 2024

Renovations may provide some solutions, but it is also a solution with limits according to Rodney Harrell, VP for family, home and community at AARP. “We Despite a documented preference that older Americans have to age in place, the current housing inventory is inadequate to support the needs of an aging population.

Renovation 458

Renovation Construction As-is Industrial 458

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. 4-7, in Las Vegas. “There is too much distraction in the market; there are some negative folks out there.

Mortgages 473

Mortgages VA loan Finance Renovation 473

Housing Wire

MARCH 7, 2024

Planet is pioneering the future of mortgage lending with novel products like Cash 4 Homes, 1st Year Flex, Purchase EDGE, one-time close construction loans, and bridge, renovation and manufactured home loans,” Long said. As the 12th-largest mortgage lender , Planet Home Lending posted an origination volume of $25 billion in 2023, a 5.3%

Lending 431

Lending Renovation Loans Mortgages 431

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

Renovation 410

Renovation Equity Mortgages Development 410

Housing Wire

JULY 8, 2024

We are pleased to partner with Shawn and the Archwest team to deliver dynamic financing solutions to home builders , renovators and landlords who are expanding and improving the critically undersupplied U.S. Its product mix includes fix-and-flip loans, bridge loans and construction loans.

Residential 409

Residential Lending Finance Investor 409

Housing Wire

JULY 23, 2024

The plan prioritizes accessible housing principles through both construction and renovation under age-friendly standards, citing a need illustrated by a Harvard University Joint Center for Housing Studies (JCHS) report detailing how only 1% of U.S. “Importantly, aging itself is not a challenge; being unprepared for aging is.”

Development 421

Development Renovation Construction Design 421

Housing Wire

JULY 7, 2023

Manufacturing activity remains quite weak, while consumer spending has held up somewhat better, and new home construction and sales have picked up. Employment in the construction industry has increased by an average of 15,000 per month thus far this year, compared with an average of 22,000 per month in 2022.

Construction 370

Construction Residential MLS Renovation 370

Housing Wire

JANUARY 3, 2024

million over that period to acquire 52 units and renovate several of its 50 existing units. million bond to purchase property to construct affordable housing for teachers and staff. million bond to purchase property to construct affordable housing for teachers and staff. Other districts have adopted the same approach.

Construction 466

Construction New Construction Renovation Mortgages 466