Housing Wire

OCTOBER 24, 2024

Although completed foreclosure auctions have plateaued in 2024 at less than half of pre-pandemic levels, the number of delinquent mortgages is close to pre-pandemic levels, according to an Auction.com analysis of public record data from ATTOM Data Solutions and survey data from the Mortgage Bankers Association (MBA). There is a lot of fear.”

Bankruptcy 421

Bankruptcy Equity Hard money loan Finance 421

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Beyond that, Deephaven allows up to 3% seller concessions at closing. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers.

Loans 288

Loans Mortgages Equity Construction 288

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. We have not been exempted from these market and capacity issues and we now have an operational backlog for renovations and closings. construction workers.

Renovation 384

Renovation Construction Brokerage Agents 384

Inman

APRIL 25, 2025

Technology columnist Craig Rowe reviews pre-sale renovation solution HouseAmp on behalf of Inman. The software sharply consolidates the tasks and delivers the transparency required to ensure a smooth, timely and valuable home construction project.

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Renovation Sales Construction Technology 127

Housing Wire

DECEMBER 30, 2022

Krichmar, whose $100 million-plus origination volume in 2022 consisted of 77% purchase loans, expects LOs to be working longer hours to find referral partners, trying to close loans faster than the others and diversifying their mortgage product offerings to combat an industry that shrank by more than half this year.

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Loans Renovation Construction Mortgages 410

Housing Wire

MARCH 4, 2022

jobs report released Friday shows that 678,000 non-farm payroll jobs were added in February, and the return of skilled labor in residential construction is reason alone for optimism. gap in the level of employment compared to February 2020, and at this pace, the gap could be closed in three months.”. in January.

Residential 370

Residential Construction Renovation Industrial 370

Housing Wire

MARCH 7, 2024

Planet is pioneering the future of mortgage lending with novel products like Cash 4 Homes, 1st Year Flex, Purchase EDGE, one-time close construction loans, and bridge, renovation and manufactured home loans,” Long said.

Lending 429

Lending Renovation Loans Mortgages 429

RIS Media

MARCH 21, 2025

If you’re looking for a completely customized home, a common question is whether to renovate an existing home or build a new construction home. While both options can provide close to complete customization, both paths have pros and cons.

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New Construction Renovation Construction Closing 59

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.” In 2019 the number was 200,000.

Renovation 410

Renovation Equity Mortgages Development 410

Housing Wire

AUGUST 29, 2024

Additionally, urbanization is closely linked to the concept of “aging in place,” where more individuals choose to remain in urban areas as they age, necessitating housing solutions tailored to their specific needs. Our renovation includes features such as step-free entrances, wider doorways, and bathroom modifications.

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Renovation Development New Construction Land 431

Housing Wire

JANUARY 31, 2023

Scott Miller, a former mortgage loan originator at Sprout Mortgage , knew the clock was ticking when the non-qualified mortgage (non-QM) lender abruptly closed doors in July 2022. Reich’s division has a goal of closing $1 billion in loan origination volume this year at Go Mortgage.

Loans 397

Loans Mortgages Loan Officer Pre-approval 397

Housing Wire

DECEMBER 2, 2020

Construction is starting to pick up, so that should help alleviate things in the housing market. Four renovations to consider before selling your house. Depending on your state, you might even get to close on your new mortgage loan virtually too. For-sale inventory is at record lows. But existing homes? Those are another story.

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Marketing Renovation Construction Mortgages 466

Housing Wire

MARCH 22, 2023

The program provides direct loans to Native American veterans and veterans who are married to Native American non-veterans to help with the purchase, construction or renovation of a home on trust land. The new rate will apply to NADL loans closed on or after March 13, which will lock in the 2.5%

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VA loan Mortgages Land Loans 397

Luxury Real Estate Blog

JUNE 12, 2025

This is where my back ground in new construction and interior design shines through. The main thing she wanted in this renovation was for the entrance of the condo to stand out and say "wow" to guests who entered. I worked closely with the Contractor and the Condo association and assisted in getting the permits filled out.

Renovation 64

Renovation Design New Construction Residential 64

Housing Wire

JUNE 1, 2023

“In addition to agency and GSE home loans, Planet also has niche products tailored to today’s tight real estate markets, including self-funded One-Time Close (OTC) construction loans as well as manufactured housing and renovation mortgage loans,” Gross said in a statement.

Mortgages 397

Mortgages Lending Loan Officer Loans 397

Housing Wire

APRIL 20, 2022

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project.

Loans 384

Loans Lending Construction Banks 384

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

Renovation 368

Renovation Residential Commercial As-is 368

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 368

Lending Banks Technology New Construction 368

Housing Wire

FEBRUARY 15, 2023

The lender offers a range of products, including conventional, jumbo, FHA, VA, USDA loans and reverse mortgages as well as renovation and construction loans. billion, largely due to rising rates and the refi business drying up, the lender expects a 25% increase in origination volume in 2023 from the M&A deals it closed in 2022.

Lending 368

Lending Loan Officer Loans Mortgages 368

Housing Wire

MARCH 28, 2022

These companies are advancing the market and closing fragmentation gaps by using technology to digitize and simplify multiple aspects of the real estate value chain to create a better customer experience. iBuyers are property companies that do the buying and selling of a home digitally. alone is worth about $40T.

Marketing 384

Marketing Title Technology Closing costs 384

Housing Wire

OCTOBER 10, 2023

Sellers would be able to carefully review comparable properties on the market as well as those that have successfully closed. Focus on properties that closed with reasonable terms and within a reasonable number of days on market. Select active listings comps Choose active listings near to the subject property.

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Marketing Agents Renovation Closing 410

Housing Wire

MARCH 26, 2024

The inventory shortage — in addition to high financing costs tied to elevated interest rates and related inflation for construction expenses — led to a nearly 30% decline in home flips in 2023, according to real estate data firm Attom. billion that closed. In 2023, the landscape for home flipping across the U.S. billion hit the market.

Investor 458

Investor Marketing Construction Loans 458

Housing Wire

MAY 21, 2024

Data from Auction.com , which accounts for close to half of all foreclosure auctions nationwide, shows foreclosure auction volume in the first quarter of 2024 was at 49% of its Q1 2020 level — or 51% below its Q1 2020 level. That investor was willing to lose money on the deal just to keep his construction crew busy. “I in Q1 2023.

Marketing 450

Marketing Investor Renovation Land 450

Realtor.com

NOVEMBER 17, 2022

Many homebuyers may find the added expense of new construction well worth it, due to the money they stand to save on renovations and repairs that might crop up in an older home. 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 126

New Construction Construction Development Renovation 126

Brownstoner

NOVEMBER 13, 2020

Open for a close look this warm fall weekend are four houses all asking less than $2 million. Found in Gowanus, Park Slope and Bay Ridge, their condition ranges from estate to recently renovated. Three date from the early 20th century, and a fourth was likely constructed circa 1870s.

Renovation 105

Renovation Construction Closing Marketing 105

Realtor.com

DECEMBER 6, 2022

Getty Images Renovating a home, no matter the time of year, can be equal parts exciting and overwhelming. However, renovating in the winter may come with its own set of additional issues. Exterior renovations are especially risky during the colder months since the ground at your construction site can be slippery and wet.

Renovation 102

Renovation Principal Construction Closing 102

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? Are you even sure new construction is right for you? Pros of new construction. Everything is brand-new.

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New Construction Construction Branding Inspection 111

Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

New Construction 123

New Construction Construction Loans Design 123

Realtor.com

JANUARY 11, 2023

Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes. Getty Images. Getty Images.

New Construction 110

New Construction Construction VA loan Finance 110

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. It remained way below the 44.6% hit in the second quarter of 2021.”

Investor 418

Investor Finance Loans Renovation 418

Housing Wire

FEBRUARY 8, 2024

They’ll want to know you have what it takes to close the type of deal they are looking for, and that you can help them reach their financial goals. With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales.

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Agents Construction Design Branding 410

Realty Biz

AUGUST 3, 2023

In recent years, virtual renovation has emerged as a groundbreaking tool that allows homeowners, designers, and contractors to visualize and plan home renovation projects in a virtual space. It combines the benefits of cutting-edge technology with practical application in home remodeling and construction.

Renovation 79

Renovation Pre-approval Investor Construction 79

Realtor.com

OCTOBER 9, 2020

realtor.com, Chris Graythen/Getty Images Tampa Bay Buccaneers quarterback Tom Brady is in the process of closing on a mansion in the Tampa area, TMZ reported. Fully renovated in 2015, the ultramodern abode is set right on the water. Materials used in the construction include glass, stone, quartz, and wood. .”

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Closing Renovation Construction Sales 117

Toronto Realty Blog

MAY 16, 2022

The policy will be closely monitored and reviewed after one year to allow for adjustments that may be required including changes to the phase-in and/or set aside rate, alterations to the minimum development size threshold and any other changes needed to ensure market stability and production of affordable housing units. . By: Bob Aaron.

Construction 105

Construction Purchase and sale agreement Pre-approval Development 105

Toronto Realty Blog

MAY 31, 2021

How did you handle the closing? When it comes to the closing of a house or condo, every seller is different. How a seller handles a closing depends, in part, on how they are contracted to do so. It was, simply put, the most ridiculous request I had ever received upon closing from another agent.

Closing 114

Closing Purchase and sale agreement Inspection Agents 114

Real Trends

MARCH 7, 2023

Presale home renovation company Revive Real Estate partnered with independent real estate franchise NextHome to provide move-in ready homes to clients of more than 5,500 NextHome agents in 610 offices across 48 states, the companies announced on Tuesday. The company claims that listed renovated homes sell faster than those that are not.

Renovation 85

Renovation Brokerage Sales Construction 85

Housing Wire

JANUARY 6, 2023

Chris Gallo: We’re a local lender that’s been around for over 30 years helping people buy, helping people refinance with construction loans, whatever it may be. Some LOs have or plan on getting licenses in multiple states to close more sales. Is this something you’re considering?

Loan Officer 410

Loan Officer Loans Equity Mortgages 410