Marco Santarelli

MARCH 20, 2025

As per reports, the East Coast markets have not yet recovered to pre-pandemic levels, which keeps the market pace snappy. If you're looking to buy or sell in a market that's moving quickly, keep reading to find out which cities are seeing homes snapped up in record time. But in some areas, it's more like a frenzy!

Pre-approval

Marco Santarelli

JANUARY 7, 2025

A potent combination of limited supply and a good number of new jobs coming into the area, which creates a recipe for high competition. Builders are struggling to keep pace with the influx of new residents, so housing supply is seriously tight. But dont stop there! Why Buffalo Again? I know, you might be thinking, “Buffalo?

Marketing

Marco Santarelli

APRIL 23, 2025

Let's dive into the details and understand why this is happening, and what it means for you, whether you're a buyer, seller, or just curious about the new construction home market. New Home Sales Boom Defying Expectations in a Bumpy Economy A Surprising Surge in Sales The numbers don't lie. increase in new home sales in March.

Sales

The Mortgage Report

JUNE 9, 2025

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? The recent tariffs, especially those enacted in early 2025, have had a significant ripple effect on the cost structure for both new construction and ongoing property maintenance.

FHA 203k rehab loan

BAM Media

APRIL 3, 2025

If theyre relying on randoms spreading sensational news with zero accountability, they will be misled. 1: Foreclosures & Bankruptcies Still Below Pre-Pandemic Levels Consumers still worry that were heading for a repeat of the Great Recession of 2008. Fortunately, Mohtashami quickly responded and set the record straight.

Bankruptcy

Redfin

AUGUST 5, 2025

While many first-time homebuyers consider a starter home, you may be wondering if buying a new construction home is a better choice. In this Redfin article, we’ll outline the new construction process, including the pros and cons of buying a new build, and financing options. Where do you want to live?

Pre-qualification

Redfin

JULY 16, 2025

Looking for a new construction home ? So, whether you’re buying your very first home in Atlanta, GA or looking for a new build in Salt Lake City, UT , this article has you covered. Key takeaways A spec house is a great move-in-ready option for those looking for a modern new construction home.

Pre-approval

Marco Santarelli

FEBRUARY 7, 2025

Let's delve into the critical factors that set the 2025 housing market apart from the pre-crash era. Let's delve into the critical factors that set the 2025 housing market apart from the pre-crash era. Reckless construction and speculative buying led to a surplus that couldn't be sustained when the economy faltered.

Pre-approval

Marco Santarelli

FEBRUARY 17, 2025

Influx of Young Professionals and Families: All those new jobs are attracting young professionals and families, eager to plant roots in a city with a lower cost of living than many other major metropolitan areas. Construction hasn't been able to keep up with job creation, tightening the market considerably.

Marketing

Marco Santarelli

MAY 12, 2025

He added, “This is great news for homebuyers that have been sitting on the sidelines as increased for-sale inventory and the easing of median prices brings more opportunities.” But things are starting to change. What does “normalization” mean for you? compared to March 2024. For single-family homes, there was a 5.5-months

Marketing

The Close

JULY 28, 2025

Portfolio lenders can be an excellent financing option if you’re looking for a source of funding that you can’t get anywhere else, whether it’s because you can’t get approved, or you’re just flat out looking for uncommon terms. You see, portfolio lenders retain loans in-house so they don’t have to worry about third-party requirements.

Pre-qualification

Marco Santarelli

MARCH 22, 2025

Metric Q1 Performance Homes Delivered 17,834 New Orders 18,355 Average Sales Price (after incentives) $408,000 (-1% YoY) While the number of homes delivered and new orders remained relatively strong, the key takeaway is the decline in average sales price. Is the housing market about to stumble? Is it Time to Panic?

Marketing

Marco Santarelli

MARCH 13, 2025

Here's what the data is telling us: Mortgage rates are down: According to Mortgage News Daily , the daily average 30-year fixed mortgage rate was at 6.82% on March 12, lower than the 6.87% rate a year prior. Housing demand is surging as mortgage rates have dropped significantly. This is the highest level we've seen since early February.

Mortgages

Marco Santarelli

MARCH 26, 2025

The good news is, lower mortgage rates help push new-home sales higher , and we've seen a bit of that recently. While the increase might not be as dramatic as some hoped, the slight dip in rates combined with limited existing home inventory has given the new construction market a little boost. That's also 5.1%

Sales

Rochester Real Estate

NOVEMBER 5, 2015

Home Builder Warranty – What Do They Cover Understanding a builder’s warranty coverage is crucial when purchasing a new home. A builders warranty protects repairs on major components and materials used in the construction of the house. The best new construction advice is to ask to review the warranty early on.

Purchase and sale agreement

Redfin

JUNE 17, 2025

You’ve found a home you love, but the listing says “bumpable buyer.” It’s not exactly self-explanatory—so what does it mean? A bumpable buyer is a homebuyer whose offer is accepted but contingent on selling their current home. Table of contents What is a bumpable buyer? What is a bumpable offer? When should a seller accept a bumpable offer?

Backup offer

Luxury Real Estate Blog

JULY 7, 2025

With decades of proven results, he specializes in luxury condos, new developments, and upscale residential homes. Begin by scheduling a consultation to determine your needs, goals, and pre-approval status. High-rise condos, single-family homes, new construction, and investment real estate. Anthony provides all.

Pre-approval

Marco Santarelli

AUGUST 5, 2025

Significant Increase in New Construction: If builders ramp up production far beyond current projections, inventory could surge, pressuring prices. If you're dreaming of snagging a house for a steal, you're probably wondering: when will it be a buyer's market? And even within a city, different neighborhoods can behave uniquely.

Marketing

Marco Santarelli

FEBRUARY 13, 2025

Based on a recent Realtor.com report, Manchester, New Hampshire , claims the top spot as America's Hottest Housing Market in January 2025. Manchester, NH: The Reigning Champ Manchester, New Hampshire, has clinched the No. This means the demand for homes is incredibly high there while the number of available properties is low.

Marketing

Redfin

MAY 5, 2025

Zoning laws have limited new construction In many regions, WWII-era single-family zoning laws have limited the ability to build enough housing units. Zoning laws have limited new construction In many regions, WWII-era single-family zoning laws have limited the ability to build enough housing units. Not enough homes.

Closing costs

Marco Santarelli

MAY 26, 2025

Regional differences are playing a huge role: Region Price Trend Key Factors My Two Cents Northeast Stronger price gains Income growth, severe shortage of homes (Forbes) This region has older housing stock and less new construction, making any available home highly contested. heading to a real estate crash? Now, it's not all uniform.

Equity

Housing Wire

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. “We do not see new construction returning in a meaningful way any time soon. Mortgage rates have nearly doubled to around 6.5% The median existing house price increased 7.7%

Mortgages

Housing Wire

MAY 10, 2023

It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey. In much of suburban New Jersey, where new construction is rarer than cheap Bruce Springsteen tickets, the pandemic-era conditions never left. The house ended up having five offers and sold for $50,000 over ask. Sign up here !

Loan Officer

Windemere Buying

MARCH 29, 2023

A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family homes, townhouses, condominiums , etc. What is a new construction home?

New Construction

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

Keeping Current Matters

FEBRUARY 24, 2021

There’s no doubt many sellers would love to build a new home to perfectly fit their changing wants and needs. If the seller sells their home, where would they live while their new home is being constructed? According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7%

Pre-approval

HomeLight

JUNE 27, 2022

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.

New Construction

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable.

Agents

Realtor.com

DECEMBER 8, 2022

So, Happy New Year! Can’t-miss tip: Many homebuyers pass over the importance of getting pre-approved for a mortgage before starting a house hunt. Can’t-miss tip: Many homebuyers pass over the importance of getting pre-approved for a mortgage before starting a house hunt. And happy home hunting.). The result?

Pre-approval

Marco Santarelli

APRIL 20, 2024

New Construction: While not a major short-term solution, an increase in new home construction activity could eventually contribute to a more balanced inventory level. The overall supply is likely to remain below pre-pandemic levels. Predictions range from the mid 6 % to the low 7 % range for the next 24 months.

Marketing

Toronto Realty Blog

NOVEMBER 4, 2022

Five people sent me pricing for new construction projects, but one in particular really, really stood out. ” This is actually very, very common in the pre-construction world. It’s that one that I’d like to review today. And listen folks, I have nothing against Kitchener. I have family in Kay-dubya.

Construction

Realtor.com

JULY 9, 2021

The couple lived in a third-floor apartment with their two children in a pre-war building they loved on Manhattan’s Upper West Side. We kept it in the pre-war style of the building, so we maintained its spirit, but everything is modern and new.”. We wanted the apartment to be our own and to reflect what we like,” she said. “We

Pre-approval

Marco Santarelli

JUNE 23, 2024

More Homes on the Market Good news for buyers! Mortgage Rates May Dip While mortgage rates remain elevated compared to pre-pandemic levels, there are signs that they may start to come down. While some modest price increases may still occur, particularly in desirable locations, the breakneck speed of appreciation is likely to slow.

Marketing

Realty Biz

JUNE 16, 2023

in seed funding from several venture capital firms and angel investors, Propertymate announced it has rebranded as NewHomesMate and expanding to nine new markets, in addition to the preexistent Austin: Dallas, Houston, Orlando, Jacksonville, Tampa, San Antonio, Miami - Ft. Step six : Have you been pre-approved by a lender?

New Construction

Toronto Realty Blog

MAY 27, 2024

I want you to think, for a moment, of the Toronto real estate market and construction industry as a field of fictional Tiberium in Command & Conquer. How many developers are starting new projects right now? Think about that, for a moment. What would happen if you picked an entire mine, clean ? But why is this?

Land

RIS Media

DECEMBER 10, 2020

The “new normal” is fueling more moves from cities to suburbs, more long-distance moves, and new space and amenity demands while also prompting sellers to be more selective in a market where 95 percent of transactions are receiving multiple offers.

Pre-approval

Toronto Realty Blog

SEPTEMBER 30, 2024

Hmm… While we’re here, we should also look at the most egregious example of “old stats” versus “new stats” in baseball history, according to yours truly: This is the American League Cy Young vote in 1990. compared to Roger Clemens (pre-steroids) who put up a 10.4 But his WAR was a paltry 2.9

Pre-approval