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 362

Lending Loans Renovation Mortgages 362

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 408

Renovation Construction As-is Industrial 408

Housing Wire

MARCH 20, 2024

You’re investing more in building and renovating an affordable home than almost any other […] state in the country. million new housing units are under construction nationwide right now because of it. Hundreds of first-time homebuyers [were] able to make a down payment. A record 1.7

Equity 405

Equity Title Construction Renovation 405

Housing Wire

APRIL 5, 2024

His proposal includes 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. As of now, mortgage payments are nearing all-time highs as mortgage rates near 7% and the median U.S.

Renovation 396

Renovation Construction Mortgages Sales 396

Realty Biz

NOVEMBER 8, 2021

Anyone looking for a career change that doesn’t have the advantage of a college degree could do a whole lot worse than retraining as a construction worker. Amid huge demand for new homes, at least 740,000 new construction workers will be needed each year for the next three years, according to a new report by the Home Builders Institute.

Construction 139

Construction New Construction Industrial Renovation 139

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 333

Construction Residential MLS Renovation 333

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 438

Construction New Construction Renovation Mortgages 438

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 468

Mortgages VA loan Finance Renovation 468

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 385

Loans Renovation Construction Mortgages 385

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 437

Renovation Loans Construction Finance 437

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 382

Renovation Construction Brokerage Agents 382

Realty Biz

JUNE 19, 2022

Green construction is a hot topic right now. But what is green construction? In this blog post, Vikki Gerrard La Crosse will discuss the truth about green construction. What Is Green Construction? Green construction is a term used to describe buildings designed and built in an environmentally responsible way.

Construction 98

Construction Renovation Finance Lending 98

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 379

Renovation Equity Mortgages Development 379

Fancy Pants Homes

OCTOBER 2, 2023

The imposing residence is in the process of a massive renovation — scheduled for completion by Labor Day 2024 — and shopping around for potential new owners. Part of the renovation includes adding a new pool, a new deck, and fresh landscaping. Papke with PBB Construction round out the restoration team.

Renovation 98

Renovation Sales Staging Construction 98

Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

New Construction 123

New Construction Construction Loans Design 123

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 369

Residential Construction Renovation Industrial 369

Housing Wire

JULY 20, 2022

Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans.

Finance 372

Finance Construction Property Management Renovation 372

Housing Wire

MARCH 26, 2024

The inventory shortage — in addition to high financing costs tied to elevated interest rates and related inflation for construction expenses — led to a nearly 30% decline in home flips in 2023, according to real estate data firm Attom. In 2023, the landscape for home flipping across the U.S.

Investor 436

Investor Marketing Construction Loans 436

Realtor.com

DECEMBER 27, 2021

First, there was the birdhouse construction, then the installation of the backyard playset, and finally the racket that produced a grill gazebo. Construction is loud and dirty, which are big annoyances if you live in a quiet and tidy neighborhood. Whether you like it or not, your neighbor’s renovation jobs may be inevitable.

Construction 128

Construction Renovation As-is Agents 128

Realtor.com

NOVEMBER 17, 2022

Many homebuyers may find the added expense of new construction well worth it, due to the money they stand to save on renovations and repairs that might crop up in an older home. 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.

New Construction 126

New Construction Construction Development Renovation 126

Realty Biz

AUGUST 28, 2021

There are many reasons why people decide to renovate homes. Reports show that most people planning a renovation intend to spend $10,000 or more. Before making any major decisions, consider what you want out of the renovation for tomorrow and the next 5 or 10 years. Investors have earned big profits with fix-n-flip remodels.

Renovation 117

Renovation Inspection Equity Construction 117

Realty Biz

AUGUST 5, 2023

Buying a new construction home has its pros and cons. There are also limitations regarding changes during construction and potentially longer commutes from commercial areas and schools. Locating a cheap house to build often means deviating from standard new construction. Different types of new homes can be less expensive.

New Construction 97

New Construction Construction Equity Commercial 97

Housing Wire

AUGUST 4, 2023

Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space. Furthermore, residential building construction employment was flat year-over-year in July, while non-residential was up by 5.9%, according to First American Economist Ksenia Potapov.

Marketing 285

Marketing Residential Construction Commercial 285

Housing Wire

OCTOBER 16, 2023

homebuyers to “obtain access to affordable mortgage credit when seeking to purchase properties with ADUs, add ADUs to existing structures, or construct new homes with ADUs,” with such flexibilities designed to allow first-time homebuyers, seniors and inter-generational families to establish generational wealth, the announcement said.

Design 454

Design Land Construction Loans 454

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 505

New Construction Construction Renovation Residential 505

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. Getty Images.

New Construction 110

New Construction Construction VA loan Finance 110

Housing Wire

JUNE 16, 2021

According to the lobbying group, construction of long-term housing fell 5.5 The NAR is calling for a “major national commitment” to build more housing of all types by expanding resources, addressing barriers to new development and making new housing construction an integral part of a national infrastructure strategy.

Marketing 536

Marketing Construction Development Residential 536

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 454

Construction Technology Inspection Industrial 454

Realty Biz

MARCH 26, 2021

Within the Canadian real estate market, pre construction homes are all the rage. As the name suggests, these are bought prior to the construction of the home. Usually, people opt for condos in new buildings that are under construction. Plus, since property tends to appreciate with time, it offers substantial profit margins.

Construction 113

Construction Due diligence Development Renovation 113

Housing Wire

OCTOBER 10, 2023

When making pre-listing repairs or renovations, different projects can result in vastly different returns. These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled. We’ve all witnessed the housing market slowdown that has occurred over the last year.

Agents 449

Agents Renovation Inspection Construction 449

Real Trends

MARCH 7, 2023

Presale home renovation company Revive Real Estate partnered with independent real estate franchise NextHome to provide move-in ready homes to clients of more than 5,500 NextHome agents in 610 offices across 48 states, the companies announced on Tuesday. The company claims that listed renovated homes sell faster than those that are not.

Renovation 80

Renovation Brokerage Sales Construction 80

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 415

Renovation Construction Development Finance 415

Realtor.com

JANUARY 24, 2022

The only catch—and maybe the reason it’s still on the market: It needs a renovation. You’ve been warned that home renovations are tough. Don’t let renovation anxiety stop you from achieving your real estate dreams. Loud construction, internet disruptions, and limited desk space. Stay nimble when working from home.

Renovation 98

Renovation Construction As-is Design 98

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 505

Title search Title Renovation Investor 505

Point2Homes

NOVEMBER 13, 2020

Planning to carry out some renovations in your home? If so, you can be excused for getting lost among the numerous phrases, words, and acronyms that make up the rich language of renovation. They can also decide to put your renovation on hold until the inspection has been carried out and all work is approved. Blueprint.

Renovation 100

Renovation Inspection Construction As-is 100

Realtor.com

MAY 12, 2021

So whether you’re looking to renovate a studio apartment or small house, there are ways to make your space look chic without skimping on style or functionality. When you feel rushed or want to seek out a cheaper alternative, your renovation plans can go awry.”. Just like the size of your home, a little can go a long way.

Renovation 116

Renovation Inspection Construction Residential 116

Housing Wire

JUNE 1, 2023

Founded in 1993 by Bill and Michael Giambrone, Platinum has 22 branches and 79 active loan officers, according to the mortgage tech platform Modex. The company’s assets will add to Planet’s 30 branches and 128 active LOs. “I It’s an investment down the road,” the executive added. “We million in cash.

Mortgages 394

Mortgages Lending Loan Officer Loans 394