Remove Banks Remove New Construction Remove Renovation Remove Residential
article thumbnail

Proprietary Capital completes acquisition of AFR, hires new COO

Housing Wire

residential mortgage market and housing-related assets. In AFR, it’s adding the New Jersey-based, full-service independent mortgage bank that has direct, wholesale and correspondent lending divisions. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S.

Lending 389
article thumbnail

Construction worker shortage has reached “crisis” levels

Housing Wire

For career switchers looking for a new path that doesn’t necessarily require a college degree, they could do worse than the building trades. million new hires for construction. Since the last housing bubble burst, when more than a million residential construction workers lost their jobs , a shortage has developed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Benefits of Investing in New Construction Real Estate

Norada Real Estate

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. New construction properties are those that are purchased directly from the builder or developer who constructed the property. They are the owner and seller.

article thumbnail

What Will the Real Estate Market Bring in 2024? Market Corrections or Rising Property Prices?

Realty Biz

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. Bank Rates report the same declining trend in home prices. At the same time, new constructions struggle to keep up with the market.

article thumbnail

C-PACE Lending Flourishes in Some Communities While Others Fall Behind

Propmodo

C-PACE deals have risen recently in lock-step with Federal Reserve rate increases that have slowed the pace of commercial bank lending. It provides long-term, fixed-rate, and non-recourse loans for up to 30 years for any aspect of real estate construction that enhances energy or water efficiency. Roughly $6.9

Lending 62
article thumbnail

Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

” “When to use new construction or remodeled construction as a comparable.” ” CE course: Residential Property Measurement and ANSI Z765 How renovations and upgrades affect value “Adjustments before and after remodeling.” ” “The bank is the client, not the borrower.”

Agents 97
article thumbnail

The Cost to Build a House in North Carolina: Breaking Down the Numbers

HomeLight

Find a Buyer's Agent To help you navigate the ins and outs of building in North Carolina, we spoke with Thomas Wohl , a highly-ranked real estate agent serving the Raleigh-Durham-Chapel Hill region with 29 years of experience, specializing in new construction, first-time home buyers, and relocations. behind Florida and Texas.