Realty Biz

AUGUST 5, 2023

Buying a new construction home has its pros and cons. As the first owner, you'll enjoy the peace of mind of owning a brand-new property. New homes often require fewer repairs and updates since everything is up to date-and in good condition. Different types of new homes can be less expensive.

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New Construction Construction Equity Commercial 72

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.

New Construction 110

New Construction Construction VA loan Finance 110

McKissock

MAY 6, 2022

New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. It requires more work, so you want to be sure that you are charging for your effort.

New Construction 86

New Construction Construction FHA loan Land 86

Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Fueling this increase is new construction, according to Divounguy, even though the 1.3% Over the past year, the value of the U.S.

Marketing 503

Marketing New Construction Finance Construction 503

Realtor.com

JANUARY 17, 2023

Getty Images One of the reasons many homebuyers are drawn to buying a brand-new home is that they often get to choose many of the home’s features to suit their tastes. But with new construction, you can call the shots on countertops, fixtures, flooring, paint colors, and so much more to make your home feel like, well, you!

New Construction 94

New Construction Construction Design As-is 94

Louisville Homes

DECEMBER 21, 2021

On a regular basis, acquiring good quality construction materials, visiting the construction site, and negotiating with the labor force, laborers, and painters is a physically challenging activity. In this piece, we’ll look at new construction pros and cons. Customization Is Amazing. Super Clean.

New Construction 98

New Construction Construction Inspection Land 98

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability.

Fixed-rate mortgage 527

Fixed-rate mortgage Mortgages New Construction Construction 527

Realtor.com

JANUARY 2, 2023

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

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New Construction Construction Pre-approval Inspection 105

Real Trends

MARCH 29, 2023

Builders responded in kind, gearing up the development of new homes to meet the growing demand. There was one problem, we were already at a new home deficit, making the new home market incredibly competitive. New homes began to linger on the market. The new homes on the market today are top-of-the-line.

New Construction 89

New Construction Construction Banks Development 89

RIS Media

AUGUST 2, 2021

If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. For listing agents, these rising home costs are good news. Will the result take immediate effect?

New Construction 101

New Construction Construction Marketing Agents 101

Realty Biz

NOVEMBER 8, 2022

New construction homes are becoming increasingly popular. They offer many advantages, such as the ability to customize your home to your specific needs and wants, and the peace of mind that comes with knowing your home is brand new. It’s important to do your research before picking the new construction home you want to be in.

New Construction 81

New Construction Construction Land Closing 81

Realty Biz

MARCH 29, 2021

When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. It is not uncommon to see some new housing developments advertise that they offer a builder’s warranty. What is Covered in a New Construction Warranty?

New Construction 109

New Construction Construction FHA loan Branding 109

Norada Real Estate

JANUARY 27, 2023

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. They are typically not purchased from a builder or developer. In short, they are considered brand new. This however is not common in today’s market.

New Construction 52

New Construction Construction Probate sale Investor 52

Housing Wire

JULY 26, 2023

Despite yet another increase in homebuilder sentiment , the sales pace of new homes declined month over month in June, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In June, the sales pace of new homes fell 2.5% year over year.

Sales 337

Sales New Construction Marketing Construction 337

Housing Wire

SEPTEMBER 1, 2023

It replaces them with rules that permit rapid development and construction of new housing units, a move to address ballooning costs. A working group and other government officials are carrying out an assessment to identify available government and private land where new homes could be built to house Lahaina fire survivors.

New Construction 360

New Construction Construction Land Development 360

Housing Wire

MAY 25, 2022

A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms. The real estate industry is in the stages of a seismic shift to fully digital experiences.

New Construction 429

New Construction Construction Sales Industrial 429

Housing Wire

JANUARY 9, 2024

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

Finance 444

Finance Construction Loans Renovation 444

Housing Wire

JANUARY 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. Change is on the horizon. For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions.

Agents 412

Agents Equity New Construction Days on market 412

GeekEstate

APRIL 22, 2024

My name is Istvan Fehervari, and I’m the Founder & CEO of Homebourse, the New Construction Hub. Numerous services and initiatives exist to address specific needs, such as offering local listings of new construction projects or facilitating online offer submissions. What problem does your product/service solve?

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New Construction Construction Development Industrial 67

Housing Wire

NOVEMBER 4, 2021

For career switchers looking for a new path that doesn’t necessarily require a college degree, they could do worse than the building trades. Since the last housing bubble burst, when more than a million residential construction workers lost their jobs , a shortage has developed. That’s a staggering number.”. wage of $49,000.

Construction 523

Construction Renovation New Construction Development 523

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 393

Construction Loans Loan Officer New Construction 393

Realty Biz

JANUARY 6, 2022

Outdated office buildings and those that were under construction only to be halted during the pandemic are being given a new lease of life, with developers rushing to transform them into apartments. underused office buildings are tempting targets for developers who can transform them into living spaces.

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Development Commercial Construction New Construction 94

Housing Wire

MAY 18, 2023

The webinar featured a panel of nationally known affordable housing experts, hosted by affordable housing developer National CORE , with the Sarasota Housing Authority , the National Multi Housing Council (NMHC) and the Housing Partnership Network (HPN) as panelists. America is strongest when her people are strong. What did we learn?

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Development New Construction Construction Investor 360

Housing Wire

FEBRUARY 8, 2022

This development did not occur overnight: Over the past 20 years, we have “underbuilt” housing by at least 5.5 Supply-side” solutions that focus on new construction and the preservation of the existing housing stock are equally important. The quantity of new, entry-level homes has? million homes. since 2008.

New Construction 370

New Construction Construction Development Sales 370

Realtor.com

JUNE 24, 2021

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We were visiting some friends who had just moved into a new build in a part of South Austin that’s underdeveloped right now.

New Construction 111

New Construction Construction Due diligence Marketing 111

Housing Wire

JULY 6, 2023

Real estate markets also speak to resilient conditions, as buyers have accepted mortgage rates in the new normal of 6% – 7% range and kept a steady pace of sales over the past few months. There are also clear signs of seasonality in this year’s housing markets, a good development on the road back toward health.

Mortgages 378

Mortgages Construction Investor New Construction 378

Realtor.com

NOVEMBER 7, 2022

Builder incentives are promotions offered by developers that, much like a coupon, cut the cost of purchasing property in that community. Builder incentives are promotions offered by developers that, much like a coupon, cut the cost of purchasing property in that community. ” How financial incentives with builders work. .

New Construction 76

New Construction Construction Finance Closing costs 76

Housing Wire

JULY 18, 2023

The NAHB/HMI report is based on a monthly survey of NAHB members, in which homebuilders are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes. This is the index’s highest reading since June 2022.

Sales 331

Sales Construction New Construction Finance 331

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. So let your personality shine.

Agents 375

Agents Construction Design Sales 375

Realty Biz

MARCH 5, 2021

The other component to continue looking for is new-construction increasing the supply. The Key Clouds on the Horizon for Homeownership. Early this year the 30-year mortgage bottomed out at 2.65% and is now about 2.81% according to Freddie Mac. for most of 2021. That’s a big jump with a 16.4% over last year. drop in December.

Development 107

Development Marketing Residential Principal 107

HomeLight

MAY 23, 2022

The latest signs say we’re due for a surge in new construction as governments big and small look to balance the nation’s housing supply. This week on The Walkthrough , agent Danielle Seifert says now’s the time to consider making new construction a priority in your real estate business. New construction.

New Construction 68

New Construction Construction Agents As-is 68

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Mortgages 379

Mortgages Marketing Banks New Construction 379

Housing Wire

MARCH 26, 2024

The New York Fed’s Center for Microeconomic Data Quarterly Report on Household Debt and Credit evidences that the total household debt balances grew by $228 billion in the third quarter of 2023 across all types of debt. Just for a moment, let’s imagine a world in which a person purchases a home shortly before a global pandemic.

Equity 418

Equity Loans Bankruptcy New Construction 418

Housing Wire

FEBRUARY 13, 2024

Century 21 Regency Realty agent Cheryl Piccinini has lived and traveled all over the world, but there is no place she would rather be than Alabama. “No No matter what you want, you can find it here,” the Enterprise, Alabama-based agent said. You can find the city, the country. We’ve got beaches. It is just an amazing place.” As of Feb.

New Construction 363

New Construction Construction Agents Development 363

Housing Wire

NOVEMBER 5, 2021

He has also served as as chief operating officer of Better Homes and Gardens Real Estate, as well as senior vice president of Membership Development for Better Homes and Gardens Real Estate. We all know the statistics on how new construction has lagged the needs of the country for the past decade.

Branding 357

Branding Brokerage Construction New Construction 357

Marco Santarelli

APRIL 21, 2024

This development comes on the heels of a challenging period, with existing-home sales plummeting to a near-30-year low in 2023 due to escalating costs. While prices for new construction and land remain robust, the condominium market is experiencing a downturn, driven in part by the burden of high mortgage rates.

Mortgages 105

Mortgages Marketing New Construction Land 105

Marco Santarelli

OCTOBER 26, 2023

In the realm of real estate, the desire for mortgage rates to return to the 3% range and bidding wars for new listings may remain unfulfilled. New-Home Market On the supply side, new home production is struggling to keep up with demand. Residential developments are expanding to outlying areas due to the growth in hybrid work.

Marketing 95

Marketing New Construction Construction Residential 95