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. People are tired of waiting.

Sales

Marco Santarelli

AUGUST 7, 2025

Is the Las Vegas housing market losing its sparkle? According to a recent Redfin analysis, Las Vegas is the fastest-cooling housing market in the U.S., Las Vegas Becomes the Fastest-Cooling Housing Market in 2025 The Sun Belt Slowdown: A Broader Trend It's important to understand that Las Vegas isn't alone. What happened?

Marketing

Redfin

FEBRUARY 24, 2025

Whether you prefer the ease of a move-in-ready home or the idea of designing a space from scratch, understanding the costs and benefits of both options will guide you toward the best decision. Purchasing an existing home means your expenses are shaped by factors such as market conditions, demand, and the property’s current condition.

Debt-to-income ratio

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. If you’re a first-time home buyer building a home, you’ll have a different experience than someone buying an existing home on the open market. Here’s the step-by-step process.

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. 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.

Pre-approval

The Mortgage Report

JUNE 9, 2025

We spoke with Julianelle about how first-time home buyers can navigate the housing market amid low affordability, growing uncertainties and geopolitical instability. How have recent tariffs on construction materials affected the costs of building and maintaining properties? Verify your home buying eligibility.

FHA 203k rehab loan

Housing Wire

MAY 19, 2025

According to the National Association of Home Builders (NAHB)/ Wells Fargo Housing Market Index (HMI) 34% of builders in May reported cutting home prices and 61% reported using sales incentives. Historic data from the NAHB reflects this trend of higher incentive use during periods of slower market activity. of the purchase price).

Purchase and sale agreement

Marco Santarelli

JUNE 12, 2025

As we move into the latter half of the year, the housing market presents a complex picture, a mix of opportunities and challenges. To get a clear picture of whether buying a home in 2025 is right for you, we first need to dissect the current state of the housing market. Is It a Smart Decision to Buy a House in 2025? months (+20.8%

Equity

Redfin

JUNE 17, 2025

On the market for a house with old school charm and character, but worried the house may be too old? to help you understand the pros, cons, and everything else you need to know about both old and new homes. New builds also often come with home warranties, which can protect you from future expenses.

Renovation

Redfin

MAY 5, 2025

After closing, homeowners face steep monthly costs mortgage payments, insurance, taxes, and more which have hovered near record highs for months, thanks to the combination of elevated home prices and high mortgage rates. This helped bring their total market share to 21%, meaning one-in-five homes were bought by an investor.

Closing costs

Housing Wire

NOVEMBER 27, 2023

However, new home sales were still up year-over-year due to a lack of housing inventory in the resale market. Builders have been struggling with the increased cost of borrowing, while many buyers were priced out of an unaffordable housing market. Builder confidence fell to 40 in October. Nationwide, 30.6%

Sales

Housing Wire

NOVEMBER 3, 2023

homegenius Real Estate understands the need to deliver differentiated value in a very congested market. Explore possible cost savings. The homegenius Home Price Index combines market information, valuation data and advanced machine learning techniques to analyze home price data and identify trends for regions, towns and neighborhoods.

Closing costs

Housing Wire

FEBRUARY 1, 2023

“The streamlined process and certainty One-Time Close New Construction loans offer is unmatched and will set brokers up to be the hero with builders, real estate agents and contractors, and get their borrowers in their dream home,” Mat Ishbia , president and CEO of UWM, said in a statement.

Construction

Housing Wire

APRIL 26, 2023

Another tactic is to capitalize on newly built homes – a silver lining in the inventory-lacking market – which now account for a third of available inventory, double than normal levels, according to Redfin. LOs do something new In an environment where every deal counts, some go niche.

Loan Officer

HomeLight

APRIL 14, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Michigan? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase.

Closing costs

HomeLight

APRIL 14, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Georgia (GA)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. to purchase a home in.

Closing costs

HomeLight

APRIL 13, 2023

Once you’ve found your dream house in Florida and settled on the purchase price, you might think you know the final cost you’re responsible for. However, there’s another set of fees and charges you must be prepared for, and those are closing costs. Find a Buyer's Agent What are closing costs? of the sales price.

Closing costs

HomeLight

APRIL 14, 2023

Your California dream home has just come on the market, and you’re eager to make an offer. But even though the monthly mortgage payments fit into your budget, you’re concerned about coming up with enough cash for a myriad of closing costs in addition to the down payment. Find a Buyer's Agent What are closing costs?

Closing costs

HomeLight

APRIL 20, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Pennsylvania (PA)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. What are closing costs?

Closing costs

Realtor.com

NOVEMBER 17, 2022

Compare that with a preexisting home’s median price of $396,300 , and it’s clear that buying brand-new might set you back tens of thousands of dollars extra. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

New Construction

HomeLight

APRIL 13, 2023

For the final tabulation in determining the cost of your new house, you subtracted the down payment. But did you remember to add closing costs? So, how much are closing costs in Nebraska? Find a Buyer's Agent What are closing costs? Who pays for closing costs in Nebraska?

Closing costs

HomeLight

AUGUST 17, 2022

Buying a new construction home can be intimidating. If decisions aren’t your thing, you might be able to buy a new construction home that is already built and ready for you to move in. Find a buyer’s agent who works with new construction. Find a Buyer's Agent to Help You Buy A New Construction Home.

New Construction

HomeLight

JULY 31, 2020

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new? Pros of new construction.

New Construction

Marco Santarelli

JUNE 14, 2024

The housing market surged, with prices skyrocketing and homes selling rapidly. Florida's Housing Market However, recent data indicates that Florida's housing market is now experiencing some of the fastest cooling in the country. For buyers, the surge in new construction is a silver lining.

Marketing

HomeLight

MAY 28, 2024

This year, many homebuyers in Texas have an eye on a new construction property rather than an existing home. According to Fort Worth -based real estate agent Lily Moore , the average costs to build a house in Texas can actually make undertaking new construction the more affordable option right now.

New Construction

Realtor.com

NOVEMBER 7, 2022

to “Purchase before X date, and we’ll pay all of your closing costs.”. While builder incentives may be found as price cuts on the actual house, homebuyers may more commonly see offers to help reduce costs on the financing front, with builders offering to buy down the interest rate on the home loan or pay some or all closing costs.

New Construction

Real Trends

MARCH 2, 2022

Even as the COVID-19 pandemic destabilized the economy, the 2021 housing market was the hottest ever recorded in U.S. Millennial homebuyers enter this scorching-hot housing market as the largest share of home buyers among all generations, and many of them plan to use a real estate agent.

Marketing

Realty Biz

APRIL 12, 2023

Buying a new construction home involves a different process than buying an existing home, and some people wonder if they need a real estate agent at all to buy one. While you technically do not need a realtor to represent you when you buy a new construction home, there are a few reasons it would be in your best interest to do so.

New Construction

BAM Media

MAY 28, 2024

BAM Key Details: About one-third of single family homes for sale in the first quarter of 2024 were new construction, roughly the same as last year but nearly double pre-pandemic levels. New builds made up about one-third (33.4%) of all homes for sale in Q1 2024—pretty close to last year’s share but down from a record high of 34.5%

New Construction

Marco Santarelli

MAY 11, 2024

housing market has been on a rollercoaster ride in recent years. Let's dissect the data from ATTOM, a leading real estate data provider, to gain a clearer picture of the current market's health. Let's dissect the data from ATTOM, a leading real estate data provider, to gain a clearer picture of the current market's health.

Mortgages

Broke Agent Media

MAY 16, 2023

BAM Key Details: The results of a new Opendoor survey reveal an inconsistency in housing market expectations, along with areas where buyers and sellers can meet in the middle. Data from a new Opendoor survey is shedding some light on how buyers and sellers see the housing market, what their top concerns are, and what they can agree on.

Marketing

Marco Santarelli

AUGUST 26, 2020

The Seattle real estate market showed a lot of resilience and is poised to recover the decline in sales, especially in the context of the slowdown experienced in April and May. Even with the market virtually shutting down, there isn't a great drop in the open house attendance or sales activity. from a year ago). Typically 6.5

Marketing

Marco Santarelli

JULY 27, 2020

Let's get an overview of the Sacramento real estate market. This article has been updated to reflect recent changes in the housing market of Sacramento due to the coronavirus pandemic. The Sacramento housing market remains healthy and strongly skewed to sellers. The latest “SACRAMENTO HOUSING MARKET REPORT” is given below.

Marketing

Marco Santarelli

JULY 29, 2020

Let’s take a look at the current state of the Portland real estate market amid the coronavirus pandemic. Things improved further in May when pending sales and new listings surged in the Portland housing market. The latest “PORTLAND HOUSING MARKET REPORT” is given below. In April, things improved a bit. s $477,400.

Marketing

Toronto Realty Blog

SEPTEMBER 5, 2023

But as sad as this is to say, I always enjoy the start of the fall real estate market, and that helps me get back into things. So as is often the case here on TRB, let’s look at the upcoming market cycle and discuss what will undoubtedly be the top stories… 1) What will happen with interest rates? I need schedules.

Marketing

HomeLight

FEBRUARY 14, 2022

A niche buyer market and possible community competition present difficulties that might naturally increase a townhome’s time on the market. Instead, to get a fast sale at a crowded price point, she uses creative marketing techniques. Challenge: Competition with new construction. And it’s working.

New Construction

HomeLight

AUGUST 26, 2020

The national cost of building an “average” home in 2020 is $248,000 (for comparison, the average cost to build a low-end home is $178,000 while the average cost to build a high-end home is $416,000.). The cost of the home will also vary depending on whether it is a custom or production home. Consider existing new homes.

New Construction