Housing Wire

MAY 20, 2025

Collectively, the group brings more than $400 million in career sales and 500-plus closed transactions across Maryland markets, including Annapolis and Severna Park. Collectively, the group brings more than $400 million in career sales and 500-plus closed transactions across Maryland markets, including Annapolis and Severna Park.

New Construction 320

New Construction Renovation Principal Construction 320

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. HW : We’re seeing an uptick in ground-up construction. Tom Davis: Investor transactions are still close to 28% of the overall purchase market.

Investor 421

Investor New Construction Construction Loans 421

Housing Wire

AUGUST 1, 2023

Zillow Group ‘s new-construction listings will be automatically syndicated to Redfin. The deal between the listing platforms comes as new construction listings form roughly 30% of the housing sales market. New single-family home sales rose 23.8% million net loss , an improvement on the $90.8

New Construction 370

New Construction Construction Brokerage Agents 370

Housing Wire

MARCH 18, 2025

Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. What’s going on? This is 11.2 percent (15.7 percent (13.0

Construction 362

Construction Residential Sales New Construction 362

Housing Wire

APRIL 18, 2025

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. To help you make informed decisions and avoid costly missteps, heres what you need to know before diving into a new build: 1.

Purchase and sale agreement 323

Purchase and sale agreement New Construction Construction Closing costs 323

Housing Wire

JANUARY 14, 2025

The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. ” Nikol Solares Solares brings 20 years of experience in luxury development, new construction sales and marketing to her new role. .”

Brokerage 370

Brokerage Development New Construction Agents 370

Housing Wire

AUGUST 15, 2023

With strong demand and limited options for existing homes, many homebuyers are turning to new construction. Mortgage applications for new construction home purchases increased 35.5% According to MBA estimates, new single-family home sales were running at a seasonally adjusted annual rate of 677,000 units in July 2023.

New Construction 370

New Construction Construction FHA loan Mortgages 370

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 410

New Construction Construction Agents Development 410

Housing Wire

MAY 20, 2025

In a blog post on Tuesday, Zillow offered agents some clarifications and guidance on its new policy and how it will be implemented. The standards apply to listings regardless of any applicable local MLS rule, and they apply to all listings subject to an exclusive for-sale listing agreement between a broker and a seller.

MLS 346

MLS Seller disclosure Brokerage Agents 346

Housing Wire

FEBRUARY 24, 2023

New home sales started off 2023 on a positive note, rising 7.2% This marks the second consecutive month of increases and the strongest sales pace since March 2022. This marks the second consecutive month of increases and the strongest sales pace since March 2022. months of supply at the current sales pace, down from 8.7

Sales 432

Sales New Construction Construction Mortgages 432

Housing Wire

FEBRUARY 4, 2025

Simonsen: Do you have a take on your forecast for total home sales volume for 2025? Divounguy: We revised the sales number down slightly. Zillow thinks we’ll have more sales in 2025 than we had in 2023 and 2024. What that tells me is that we really need more housing supply coming from new construction.

New Construction 364

New Construction Mortgages Construction Sales 364

Keeping Current Matters

AUGUST 26, 2020

With so few homes for sale and construction of newly built homes ramping up , you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at from the pros and cons of what it means to buy a new home versus an existing one. New Construction .

New Construction 317

New Construction Construction Design As-is 317

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. decrease from the revised January rate of 664,000 sales, it also marks a 5.9% At the current sales pace, there is an 8.4-month

Sales 462

Sales New Construction Construction MLS 462

Housing Wire

MAY 16, 2024

As homebuyers continue to grapple with a lack of existing homes for sale, the market for new homes continues to see strong demand, and some areas of the country — including Sun Belt states — are producing new homes at a relatively rapid rate. In March the average home sale price in the U.S. SmartAsset noted that U.S.

Sales 440

Sales New Construction Construction Finance 440

Housing Wire

NOVEMBER 30, 2023

Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% As a result, NAR’s Pending Home Sales Index fell to a reading of 71.4, New home sales fell 5.6% New home sales fell 5.6% down from 72.6 in September.

Sales 479

Sales New Construction Construction Mortgages 479

Housing Wire

JUNE 2, 2025

The company, redT Homes , states that it’s the Denver areas only residential real estate development company […] offering a full suite of services, ranging from land acquisition and entitlement to design, architecture, and construction along with real estate-focused marketing and sales.

Development 321

Development Construction New Construction Land 321

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. The uptick in new-home sales underscores the persistent strength of demand in the housing market despite the challenges posed by winter weather. At the current sales pace, there is an 8.3-month

Sales 432

Sales New Construction Construction Development 432

Housing Wire

JUNE 17, 2021

Mortgage applications for new home purchases fell 9% month-over-month in May at a seasonally unadjusted pace ? the second consecutive month sales of new homes have dropped, according to data released Thursday by the Mortgage Bankers Association. The official May home sales report is scheduled to release Wednesday, June 23.

Sales 500

Sales VA loan FHA loan Loans 500

Housing Wire

NOVEMBER 27, 2023

New home sales fell on a month-over-month basis in October, but continued to outpace last year’s levels. Meanwhile, low supply and high mortgage rates continued to dampen existing home sales. In October, new home sales reached a seasonally adjusted annual rate of 679,000, according to data published on Monday by the U.S.

Sales 421

Sales New Construction Construction Closing costs 421

Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. In theory, the sales levels are lower than the data will show. What is going on here?

Sales 466

Sales Construction New Construction Mortgages 466

Housing Wire

DECEMBER 4, 2024

While the increased limit theoretically increases the borrowing power for anyone considering a HECM loan, industry analysts are somewhat split over the potential benefits such a limit would have on the industry in the new year. Lisa Moriello, national retail reverse sales manager at loanDepot , also views the new limit as a positive.

Mortgages 384

Mortgages Equity Lending Loans 384

Housing Wire

NOVEMBER 4, 2024

loanDepot has signed a new joint venture agreement with Smith Douglas Homes , a top-50 homebuilder with a solid book of business in the Southern states. Smith Douglas Homes sold 2,297 homes in 2023. loanDepot has a variety of partnerships with homebuilders across the country.

Purchase and sale agreement 293

Purchase and sale agreement Mortgages New Construction Lending 293

Housing Wire

OCTOBER 18, 2024

We had a good few months of positive builder confidence data for the new home sector and positive purchase application data for existing home sales. Anyone who thinks we are on the verge of a housing construction boom is kidding themselves, with the policy still this restrictive. Let’s take a look at the report.

Construction 364

Construction New Construction Residential Mortgages 364

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% On a year-over-year basis, new home sales were up 33.9%. It is down 5.4%

Sales 421

Sales New Construction Construction Finance 421

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. They now supply about 30% of the residential sales market. The average sales price for new homes was $487,300.

Sales 370

Sales New Construction Construction Residential 370

Housing Wire

APRIL 27, 2023

For the first time since November 2022, pending home sales fell in March, posting a 5.2% The monthly drop resulted in the Pending Home Sales Index recording a reading of 78.9, The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement. year over year.

Sales 432

Sales New Construction Construction Mortgages 432

Housing Wire

JUNE 23, 2021

Sales of newly built , single-family homes fell to the lowest pace in a year, down 5.9% Regionally, new home sales rose in two of the four regions in May. Sales grew 33% in the Northeast, 6.7% Against the backdrop of the COVID-19 pandemic, new home sales are still 9.2% months at the current sales rate.

Sales 450

Sales Construction New Construction Staging 450

Housing Wire

APRIL 18, 2024

Existing home sales slumped last month under the weight of elevated mortgage rates. Existing home sales receded by 4.3% Year over year, sales fell by 3.7%. Existing home sales posted a year-over-year price gain for the ninth consecutive month and reached the highest price ever for the month of March. million, down from 4.38

Sales 420

Sales New Construction MLS Construction 420

Housing Wire

NOVEMBER 15, 2023

However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said. By the end of 2023, year-over-year home sales will likely fall by 18% after a 17% decline from 2021 to 2022, Yun noted. In 2023, new-home sales are up 5% year to date, Yun said.

Sales 458

Sales New Construction Staging Mortgages 458

Housing Wire

JULY 26, 2021

New home sales continued to slip in June, falling 6.6% below June 2020’s pace of nearly 900,000, as the price of new homes in June 2021 rose to approximately 6% above last year’s average price. The median sales price of new houses sold in June 2021 was $361,800. The average sales price was $428,700.

Sales 421

Sales VA loan FHA loan Loans 421

Housing Wire

DECEMBER 20, 2024

In 2023, through its Statewide Housing Needs Assessment , New Hampshire Housing found that the state is currently short by 23,500 units. This has begun to impact New Hampshires growing economy as employers cant hire people if there is nowhere suitable to live. Its a big deal.

Construction 406

Construction Land Development New Construction 406

Housing Wire

JANUARY 13, 2025

mortgage lender loanDepot announced the promotion of regional sales director Bart Evans to regional vice president for the Southeast region. The new regional vice president brings a bit more to his role than executive mortgage experience. With the heart of an athlete, Evans will bring strong work ethic to his new role.

Lending 369

Lending New Construction Mortgages Construction 369

Marco Santarelli

JANUARY 22, 2025

The Florida housing market is undeniably hot right now, making headlines with a record-breaking $285 million new construction home hitting the market. According to Realtor.com , this ocean-to-lake estate is poised to shatter records as the most expensive new construction single-family home in the country. Absolutely not!

New Construction 98

New Construction Construction Pre-approval Design 98

Housing Wire

OCTOBER 26, 2023

Pending home sales ticked up 1.1% NAR’s Pending Home Sales Index rose to a reading of 72.6 Pending homes sales mirrored the trend in new home sales , which posted a 12.3% Furthermore, inventory remains tight, which hinders sales but keeps home prices elevated.” in 2024, hitting 800,000 new homes.

Sales 410

Sales New Construction Mortgages Construction 410

Housing Wire

MAY 20, 2024

The proportion of newly built homes for sale in the U.S. of single-family homes for sale in the first quarter, virtually unchanged from a year earlier and down slightly from a peak of 34.5% of single-family homes for sale in the first quarter, virtually unchanged from a year earlier and down slightly from a peak of 34.5%

Sales 441

Sales New Construction Construction Mortgages 441

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% January sales fell 2.3% The supply of homes for sale fell to a record low, down 16.5% The supply of homes for sale fell to a record low, down 16.5% Sales of homes priced above $1 million were up 39%. .

Sales 410

Sales New Construction Equity Construction 410

Housing Wire

MARCH 13, 2025

But increased activity in residential construction , particularly in the South, is helping to alleviate affordability challenges in certain regions, according to ananalysis from First American Financial Corp. This construction boom is contributing to slower home-price appreciation and, in some cases, price declines. Census Bureau data.

Construction 272

Construction Residential New Construction Land 272