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The homebuilding space consolidates after strong results in 2023

Housing Wire

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. They also boast advantageous relationships with land sellers and can command lower costs of debt. Meanwhile, prominent Japanese builder Sekisui House announced plans to acquire M.D.C.

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6 Tips for Appraising New Construction Homes

McKissock

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.

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The Advantages And Disadvantages Of New Construction Homes

Realty Biz

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.

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New Construction Pros and Cons: Advantages and Disadvantages

Louisville Homes

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.

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Maui residents express concern over rapid reconstruction efforts

Housing Wire

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. An emergency housing proclamation in the state of Hawaii declared by Gov. Infrastructure is the biggest challenge,” Medeiros said.

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Opinion: The ripple effect on the U.S. housing market from China’s real estate crisis

Housing Wire

Now add in the most recent news of outright fraud and embezzlement by Evergrande executives, and there is a chance the sector will drag down an already slowing Chinese economy. This could make raising capital for new construction projects harder, and more expensive, everywhere. However, even bad news often has a silver lining.

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Buy an Existing Home or New Construction: 5 Things to Know

Louisville Homes

You have a couple of options, namely, buy an existing home or new construction. The other option is to go the new construction route. To build a custom home , you will need to own a piece of land first. You need to identify a suitable piece of land that is up for sale and buy it. What is your dream house?