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. Be careful as you choose comparable sales. Talk to multiple local builders.

New Construction 86

New Construction Construction FHA loan Land 86

Realty Biz

JUNE 15, 2021

Residential construction in the U.S. Despite declines in both affordability and availability, however, the luxury new construction condo market across the country features more than a few intriguing options, starting with these high-profile developments: 1000M – Chicago, IL. 111 Murray Street – New York, NY.

New Construction 102

New Construction Development Construction Residential 102

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

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

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 446

New Construction Construction Sales Industrial 446

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. The median sales price of a home in June of 2021 was $370,600—an 24.4% Will the result take immediate effect?

New Construction 105

New Construction Construction Marketing Agents 105

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.

New Construction 105

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

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 469

Finance Construction Loans Renovation 469

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. home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. Change is on the horizon.

Agents 435

Agents Equity New Construction Days on market 435

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

FEBRUARY 8, 2024

To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals. So let your personality shine.

Agents 397

Agents Construction Design Branding 397

Housing Wire

JULY 6, 2023

Consumer spending keeps growing, as do auto sales, which were expected to soften. 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. The 10-year Treasury yield was north of 4.0%

Mortgages 382

Mortgages Construction New Construction Investor 382

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 supply of homes for sale is limited as well. million homes. since 2008.

New Construction 370

New Construction Construction Development Sales 370

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

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 423

Equity Loans Bankruptcy New Construction 423

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

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?

New Construction 67

New Construction Construction Development Industrial 67

Realty Biz

MARCH 5, 2021

Price increases were primarily due to ultra-low mortgage rates, strong buyer demand, and a limited number of houses for sale. Regardless of a few clouds on the horizon, most experts expect 2021 to be a robust year for home sales. You might expect a tsunami of foreclosures to soon be for sale that will boost the available inventory.

Development 106

Development Marketing Residential Principal 106

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 65

New Construction Construction Agents As-is 65

Housing Wire

FEBRUARY 13, 2024

We were down by about 30% in (home) sales last year, but generally our members are very optimistic that there is going to be a significant rebound this year.” 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 We’ve got beaches. As of Feb.

New Construction 392

New Construction Construction Agents Development 392

Housing Wire

AUGUST 20, 2020

The Multifamily Production Index rose 10 points to 37, which is still below the break even point of 50, indicating that more builders and developers viewed conditions as weaker than stronger, NAHB said. Furthermore, builder and developers are still facing challenges with material costs.”.

Development 479

Development Sales Marketing As-is 479

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. Brad O’Connor, chief economist at Florida Realtors® , notes a return to a pre-pandemic sales pattern with increasing inventory that has slowed price growth.

Marketing 95

Marketing New Construction Construction Residential 95

RIS Media

MARCH 31, 2021

With inventory continuing to be at record lows in 2021, a new trend is developing in the real estate market regarding new-home construction. ” Of the new construction being built, many of them are more energy efficient and have more technology integrated into the homes.

Construction 111

Construction Sales Land New Construction 111

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

Housing Wire

FEBRUARY 26, 2024

New-home sales reached a seasonally adjusted annual rate of 661,000 in January, according to data published Monday by the U.S. Department of Housing and Urban Development ( HUD ). The uptick in new-home sales underscores the persistent strength of demand in the housing market despite the challenges posed by winter weather.

Sales 422

Sales New Construction Construction Development 422

Redfin

FEBRUARY 23, 2024

In this Redfin article, we’ll unveil 3 of the most expensive homes for sale by Redfin, offering a glimpse into the epitome of luxury living in the Keystone State. In this Redfin article, we’ll unveil 3 of the most expensive homes for sale by Redfin, offering a glimpse into the epitome of luxury living in the Keystone State.

Sales 54

Sales New Construction Construction Development 54

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” Most of the temporary rate buydowns offered through FBC are paid for by builders, he said. “We in year one, go to 5.2% in year three.

Marketing 404

Marketing FHA loan Loans Mortgages 404

The Residential Specialist

FEBRUARY 27, 2024

The Residential Specialist spoke with three CRSs who have worked with buyers in this sector, primarily with builders/developers (as opposed to an individual architect or custom home builder), and they all have great things to say about making this work for their business. New construction is always seen as much more expensive.

Construction 97

Construction Inspection New Construction Residential 97

Windemere Buying

JANUARY 22, 2024

As you weigh the option between a new build or an older resale, here are six differences to note. The Neighborhood Surprisingly, one of the biggest factors in choosing a new home isn’t the property itself, but rather the surrounding neighborhood. The settings are quite different, each with their own unique benefits.

New Construction 80

New Construction Development Design Construction 80

Housing Wire

MARCH 25, 2024

New-home sales receded slightly in February but continued to track above last year’s pace, reaching a seasonally adjusted annual rate of 662,000 last month, according to data published Monday by the U.S. Department of Housing and Urban Development ( HUD ). At the current sales pace, there is an 8.4-month from a year ago.

Sales 415

Sales New Construction Construction MLS 415

Rent, Buy & Sell

NOVEMBER 5, 2022

The home-buying process involves many important decisions but the first decision you should make is whether you want to build a new home or buy an existing home. Building a New Home. So you want a home that is brand new rather than one that has been previously lived in. New Construction Home. Self-built home.

New Construction 59

New Construction Construction Land Branding 59

Realty Biz

DECEMBER 23, 2020

Developing raw land or converting another property will take significant time to accomplish. This can be the best time to make new investments if you don’t need immediate income from the property (that is the case when beginning new construction). However, very little new construction is occurring.

New Construction 99

New Construction Construction Investor Commercial 99

Housing Wire

SEPTEMBER 27, 2022

However, a housing reset isn’t the only pressing issue — we now also have to think about a worldwide global recession. To put it as simply as I can, the strength of the U.S. dollar is causing too much pain worldwide, and traditionally something breaks when this happens. Savagely unhealthy is no longer just a term for the U.S. million.

Banks 464

Banks Construction As-is Marketing 464

Housing Wire

JUNE 27, 2023

New home sales in May rose 12.2% Sales of new single‐family houses came in at a seasonally adjusted annual rate of 763,000, according to estimates released jointly Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. They now supply about 30% of the residential sales market.

Sales 369

Sales New Construction Construction Residential 369

Housing Wire

OCTOBER 25, 2023

New home sales figures exceeded projections in September despite mortgage rates at 23-year high, declining mortgage applications and waning builder confidence. In September, the sales pace of new homes picked up considerably, up 12.3% Census Bureau and the Department of Housing and Urban Development ( HUD ).

Sales 400

Sales New Construction Construction Finance 400

Realty Biz

OCTOBER 4, 2022

Engel & Völkers of East Greenwich announced today that Vickie Pizzarelli has joined its brokerage as a real estate advisor, where she specializes in new construction, residential sales, foreclosures, and short sales. Vickie joins Engel & Völkers from eXp Realty. Vickie holds a DiSC Trainer certification.

Brokerage 107

Brokerage Short sale Residential New Construction 107