Housing Wire

MARCH 4, 2024

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. The acquisition is set to close in the first half of 2024. Meanwhile, prominent Japanese builder Sekisui House announced plans to acquire M.D.C.

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New Construction Land Construction Industrial 420

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.

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New Construction Construction Pre-approval Inspection 105

Housing Wire

APRIL 24, 2023

New construction, resales, refinances and home improvements account for approximately 16% of the U.S. Falling home prices will not only make it more difficult for retirees but will impact existing homeowners that may want to purchase something larger or in a more desirable neighborhood. GDP, roughly $3 trillion.

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Closing New Construction Loans Equity 384

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.

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New Construction Construction Inspection Finance 52

Coldwell Banker

AUGUST 3, 2020

South Florida’s real estate market continues to see a slow but steady recovery during the current coronavirus pandemic that changed the way day-to-day real estate business nationwide is conducted, from showing properties to prospective buyers, to the closing process and more.

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New Construction Construction Development Closing 110

Norada Real Estate

JANUARY 27, 2023

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. In short, they are considered brand new.

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New Construction Construction Probate sale Investor 52

Housing Wire

NOVEMBER 28, 2023

The team specializes in buyer and seller representation as well as new construction. In 2022, the Husky Homes team closed 121 transactions and more than $48.4 million in sales volume. It even ranked No. 15 in the state of Wisconsin by transaction sides, according to the RealTrends 2023 America’s Best list.

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New Construction Technology Construction Agents 410

Redfin

JUNE 13, 2022

Come prepared with a new construction walkthrough checklist and you’ll know exactly what to look for ahead of time. You might hear a new construction walkthrough called a “blue tape walkthrough.” Blue tape walkthroughs only apply to new construction homes. ” Why?

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New Construction Construction Inspection Closing 65

Housing Wire

NOVEMBER 3, 2023

Through this offering, consumers may also be eligible to receive a rebate* at closing. titlegenius by Radian, provided by Radian Settlement Services, allows homebuyers and sellers to easily manage their title transaction and closing online and receive real-time updates from their agent for a cohesive experience.

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Closing costs Short sale Technology New Construction 410

Realtor.com

OCTOBER 15, 2020

However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. So, before closing on a new-construction home, here are some things you need to consider. Quality of the build. Possible upgrades and design options.

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New Construction Construction Purchase and sale agreement Design 138

Realtor.com

JUNE 24, 2021

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We ended up touring three or four other new constructions in different areas of town, just to do some due diligence.

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New Construction Construction Due diligence Marketing 111

HomeLight

APRIL 14, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Georgia (GA)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. When it comes to closing costs, the Peach State is one of the friendlier parts of the U.S. to purchase a home in.

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Closing costs Closing Title Loans 100

American Lifestyle

APRIL 2, 2021

The post Looking for New Construction? Here’s What to Keep in Mind appeared first on American Lifestyle Magazine.

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New Construction Construction Closing Finance 92

Realty Biz

JUNE 15, 2021

Residential construction in the U.S. Despite declines in both affordability and availability, however, the luxury new construction condo market across the country features more than a few intriguing options, starting with these high-profile developments: 1000M – Chicago, IL. Azure – Clearwater, FL.

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New Construction Development Construction Residential 103

Realtor.com

NOVEMBER 7, 2022

to “Purchase before X date, and we’ll pay all of your closing costs.”. Many happen at the initial launch to help generate buzz for a new community and get the first few residents on board. Builders often work closely with certain lenders because they want to know that the loan will close without delay once the home is completed.

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New Construction Construction Finance Closing costs 76

Housing Wire

NOVEMBER 15, 2023

Meanwhile, he counts on home builders to ramp up new construction, as the existing-home inventory shortage lifts demand for new homes. In 2023, new-home sales are up 5% year to date, Yun said. To close out his presentation, Yun touted the ongoing value of homeownership despite market headwinds.

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Sales New Construction Staging Mortgages 458

Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Should they consider new construction? Managing the transaction between pending and closing can be the most challenging part of the process.

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Proof of funds Inspection contingency Inspection MLS 432

HomeLight

APRIL 20, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Pennsylvania (PA)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. While some fees are only a few hundred dollars, the final closing costs can run into the thousands.

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Closing costs Closing Inspection Loans 89

Housing Wire

FEBRUARY 1, 2023

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. This type of loan only has one set of closing costs to pay, reducing the borrower’s overall fees.

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Construction Loans Loan Officer New Construction 397

HomeLight

APRIL 13, 2023

You successfully negotiated an affordable price for a Nebraska home and are ready for closing. 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? Who pays for closing costs in Nebraska?

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Closing costs Closing Title Title search 83

Housing Wire

AUGUST 11, 2020

.” For consumers interested in new construction, Offerpad has partnered with Beazer Homes , Maronda Homes , Meritage Homes , and Pulte Homes , to name a few. In June, Keller Williams announced that its iBuying solution, Keller Offers , was no longer in an exclusive agreement with Offerpad.

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New Construction Construction Closing As-is 397

Housing Wire

DECEMBER 20, 2023

Look for new construction, even if your buyers don’t think they will like it. Add one well-selected new home at the end of a search for resale homes just to take their temperature. Flexible closing date!” ” Homework: Take a close look at your buyer clients. “Wanted!

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MLS Pre-approval New Construction Construction 421

Housing Wire

AUGUST 18, 2023

New construction in the area that competes with your potential listing Remember when builders provide in-house financing, they often can sell a more expensive home for the same payment as your resale. Know what’s going on with the new construction! This will help you become more confident in your pricing strategy.

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Pre-qualification New Construction MLS Construction 370

Housing Wire

JANUARY 6, 2021

This is the first of the company’s strategic homebuilder partners to offer the services to new-construction customers, and they’re starting with the Florida market. As a partner in Offerpad’s Homebuilder Alliance program , Maronda Homes will offers homebuyers listing and direct sale products when purchasing a new build.

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New Construction Construction Closing Sales 287

Housing Wire

DECEMBER 3, 2020

New construction continues to take more and more of our market,” Dopp said. New construction used to be maybe 15-20% of the market, trending toward 40% of the market now. Next year, it’ll probably be close to 50%.”. The apartment market in Boise is heating up, too.

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Marketing New Construction Construction Principal 533

Redfin

AUGUST 25, 2020

Meanwhile, the supply of new-construction homes for sale slid 28.4%, representing the largest drop since at least 2013, when Redfin began recording this data. The typical new home was on the market for 89 days before going under contract, down from 91 days a year earlier. Sales of newly-built homes climbed 10.1%

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New Construction Construction Sales Residential 68

Housing Wire

JANUARY 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. The second avenue for expanding inventory is new construction. With the coming together of interest rate drops, the persistent, continued low inventory levels and 2023 being recorded as the slowest year for U.S.

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Agents Equity New Construction Days on market 450

GeekEstate

APRIL 22, 2024

My name is Istvan Fehervari, and I’m the Founder & CEO of Homebourse, the New Construction Hub. Numerous services and initiatives exist to address specific needs, such as offering local listings of new construction projects or facilitating online offer submissions. What problem does your product/service solve?

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New Construction Construction Development Industrial 67

Marco Santarelli

APRIL 6, 2024

in homes for sale, closely followed by Austin, TX, with 18.1%. Addressing supply chain disruptions and accelerating build timelines, construction firms have risen to the occasion, contributing to the influx of housing supply. Where Recovery Takes Root San Antonio leads the charge with a remarkable surge of 27.1%

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Marketing New Construction Construction Equity 106

Toronto Realty Blog

AUGUST 2, 2023

TorontoRealtyBlog In my life, I have sold and closed on two properties that were a “primary residence,” and both times, I decided to welcome the new buyer with a kind gesture. On Monday, we talked about the nonsense that buyers often have to go through upon closing.

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Closing Sales Purchase and sale agreement Agents 76

Housing Wire

AUGUST 7, 2023

Results mean trackable, profitable, closed business. Strong agents know where the new construction is being built and they know what’s happening with mortgages. Not just leads, impressions or likes. They are actively and aggressively isolating themselves from the media, both online and off.

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New Construction Agents Construction Mortgages 370

Housing Wire

APRIL 26, 2023

That’s why builders are utilizing closing cost incentives and temporary rate buydowns often funded by lenders. “If But in areas where new construction is strong – including Northern Virginia where Burruss is based – loan officers are taking advantage of being on builders’ preferred lender list.

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Loan Officer Mortgages Loans Closing costs 397

Housing Wire

AUGUST 3, 2023

Rocket reiterated its priority of diversifying client acquisition channels, lowering client acquisition costs and engaging clients through their lifetime — lifting conversion from lead to close. The Detroit-based lender closed the second quarter with $900 million cash-on-hand and $6.4 Net revenue for Q2 came in at $1.2 billion from $8.1

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Loans Mortgages Loan Officer Principal 370

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.

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Lending Banks Technology New Construction 370

Housing Wire

FEBRUARY 18, 2022

Garage doors are taking months to arrive, delaying closings. The good news is there are several directions from which more supply may come, said Matthew Speakman, an economist at Zillow. Homebuilders are still struggling to obtain lumber, windows and appliances.

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Sales New Construction Equity Construction 410

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. Our macro-outlook is that demand for housing will remain out of balance with supply for the mid to long term.

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Mortgages Loan Officer Pre-approval Fixed-rate mortgage 421

Housing Wire

MAY 19, 2021

“Until new construction takes off — over the course of years, not months — home prices will continue to increase. This housing boom is nowhere close to over.” . “There simply aren’t enough homes for sale in America for everyone with the desire and the means to buy one right now,” Fairweather said.

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New Construction Sales Construction Closing 485