Marco Santarelli

MAY 26, 2025

Regional differences are playing a huge role: Region Price Trend Key Factors My Two Cents Northeast Stronger price gains Income growth, severe shortage of homes (Forbes) This region has older housing stock and less new construction, making any available home highly contested. through 2025. What does this mean for buyers?

Equity

Housing Wire

DECEMBER 3, 2020

Steven Caporale, founder and principal of Accel Realty Partners in Boise, has been in the industry for 25 years and said he’s never seen the housing market look like this. “In New construction continues to take more and more of our market,” Dopp said. Next year, it’ll probably be close to 50%.”.

Marketing

Housing Wire

JULY 10, 2023

While prices are still well below peak levels across the West and in many pandemic boom towns, price firming in recent months has begun to close those gaps. New construction starts and completions were both strong in May, which is welcome news. Austin, Texas, is a notable exception. markets in 2023.

Principal

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.

Mortgages

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 Rocket’s liquidity improved in Q2 to $8.6

Loans

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.

New Construction

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” Most of the temporary rate buydowns offered through FBC are paid for by builders, he said. “We

Marketing

Housing Wire

SEPTEMBER 13, 2024

That show was called “Million Dollar Listing New York.” I still had to go close it as a salesperson, but I was able to get into any door I wanted to. We typically don’t take principal agents who’ve been in the business for less than five years, but we’re always open to conversations.

Brokerage

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.

Agents

RIS Media

JANUARY 26, 2022

The seasonally adjusted estimate of new homes for sale at the close of December was 403,000, which is a six-month supply of inventory, assuming current sales rates. Although new homes for sale appear to be more plentiful than existing homes, there are signs that the inventory crunch is holding back sales for new construction as well.

Sales

HomeLight

DECEMBER 31, 2021

It’s calculated by taking the current value of your home minus your principal balance and the total of any additional liens that must be paid off before selling the property. But if you don’t have any additional liens to account for, simply take your home value minus your unpaid principal to estimate your home equity.

Equity

HomeLight

DECEMBER 30, 2021

Gaining an early understanding of the legal documents for buying a house will help you avoid confusion and keep stress levels to a minimum while you’re in the midst of negotiations , inspections , and closing. Estimated closing timeline and date. Monthly principal and interest payment. Estimated closing costs.

Purchase and sale agreement

Calculated Risk Real Estate

JULY 10, 2023

While prices are still well below peak levels across the West and in many pandemic boom towns, price firming in recent months has begun to close those gaps. New construction starts and completions were both strong in May, which is welcome news. The reheating is widespread, with more than half of the 50 largest U.S.

Mortgages

HomeLight

JULY 31, 2020

The amount of payment for principal, interest, taxes, and insurance will be determined by calculating which amount is higher: 24% of the applicant’s adjusted annual income, or multiplying the principal and interest to 1% of the Rural Development loan, plus taxes and insurance. Applicants are not required to put down a down payment.

Debt-to-income ratio

Realty Biz

MARCH 30, 2022

Following are excerpts from our recent conversation with Chris Masiello, CEO, Better Homes and Gardens Real Estate The Masiello Group in New England; Danielle Bade, Principal Broker and Vice President, Better Homes and Gardens Real Estate Realty Partners in Portland, Ore. & DB : Be flexible on the closing date.

Inspection

Realty Biz

DECEMBER 21, 2021

He has lived in Yuma since 2003 and has a diverse background and knowledge in residential and commercial construction, commercial and new construction sales, and more. He works with buyers and sellers, “from first-time buyers to representing builders on new construction homes” and has been a multi-million dollar producer.

Agents

Realtor.com

JANUARY 30, 2023

In areas where it’s better to buy, mortgage payments are often lower than market rents if buyers can cobble together the needed down payment and closing costs. The average rent payment of just above $2,000 will get a one-bedroom apartment close to downtown or a two-bedroom apartment in North Beacon Hill, a few miles south.

Mortgages

Propmodo

OCTOBER 28, 2024

While the current version of the certification is geared toward new construction and major renovation projects, the new version will include an additional certification pathway for existing buildings. Closing gaps Given this political landscape, ESG efforts have taken on an increasingly negative connotation.

Development

RIS Media

MARCH 25, 2022

With just one week of inventory, an uptick in seasonal activity is not possible here in Portland,” said Danielle Bade, principal broker and vice president, BHGRE Realty Partners & BHGRE Northwest Living. New Construction: . Be flexible on the closing date. Homes sell as soon as they come on the market.

Pre-approval

Realty Biz

MARCH 21, 2022

With just one week of inventory, an uptick in seasonal activity is not possible here in Portland,” said Danielle Bade, principal broker and vice president , Better Homes and Gardens Real Estate Realty Partners & Better Homes and Gardens Real Estate Northwest Living. New Construction. Be flexible on the closing date.

Principal

Marco Santarelli

AUGUST 18, 2024

Closing Cost Assistance: Grants or loans can help reduce the closing costs associated with purchasing a home. Limited Housing Supply: Addressing the housing shortage requires significant investment in new construction, which faces challenges such as regulatory hurdles and high construction costs.

Debt-to-income ratio

Marco Santarelli

AUGUST 2, 2024

Monthly Mortgage Payment (Principal + Interest) $2,851 +15% Calculation of Monthly Mortgage Payment : For a median home price of $426,900 at an average mortgage rate of 7.07% , the monthly payment (principal and interest) amounts to $2,851. Negotiating seller concessions : Sellers may be willing to cover some closing costs.

Marketing

Norada Real Estate

FEBRUARY 21, 2022

Imagine this – After you make the down payment and pay all closing costs, the renter pays off your mortgage. A good rental property is fully refurbished or a new construction residential property. Are there schools close by and how are they rated? How good is that? Find out what is the crime rate in that location.

Purchase and sale agreement

Redfin

JULY 14, 2023

As you make regular mortgage payments, a portion goes towards reducing the principal amount owed, effectively increasing your equity. So, if you’re looking for a new construction or move-in ready home, you won’t necessarily find what you’re looking for in every neighborhood of Birmingham.

Equity

The Close

SEPTEMBER 4, 2020

Grandson of Indian film legend Noor Mohammed Charlie, Yawar Charlie has worked both as an actor, and an award winning real estate agent with the Aaron Kirman Team, a top sales team in Los Angeles that regularly closes north of $500 million in sales volume. Once you get on a roll, closing sellers becomes second nature.

Agents

Marco Santarelli

JULY 30, 2020

over the previous year, according to the latest available data from the closely watched S&P CoreLogic Case-Shiller index. 2018’s FRM interest rate increase decreased the principal amount homebuyers can borrow while making the same sustainable mortgage payment. in April 2018 and have declined every month since.

Marketing

RIS Media

MAY 24, 2021

To determine how much house you can afford, it’s important to factor in additional expenses, such as closing costs, insurance and taxes, before committing to a mortgage. Closing Costs. These range typically from 2% – 5% of the loan principal, and can include: – Application fee. Complete Costs of Buying a House.

Closing costs

Marco Santarelli

AUGUST 3, 2020

There is a lot of construction activity going on especially in the entry-level single-family homes to satisfy the principals of supply and demand. Closed sales increased by 14 percent year-over-year. San Antonio-New Braunfels Housing Market Area. Year-to-date, the average price has shown an increase of 5% to $278,395.

Marketing

Marco Santarelli

MAY 18, 2022

The metro area's principal city is Huntsville and consists of two counties: Limestone and Madison. Huntsville has the nickname “Rocket City” for its close ties to NASA. year-over-year (Y/Y) from 740 to 778 closed transactions. New Construction: The 235 new homes sold represented 30.2% Sales decreased 0.9%

Marketing

HomeLight

DECEMBER 1, 2020

Mandy Key, the principal of Providence-based Mandy Key Interior Design , agrees that a short commute trumps everything for students. In fact, Rhode Island ranks #3 in the country for having the oldest housing stock, behind only Massachusetts (#2) and New York (#1). Get a new water heater. According to the U.S. Cranston St.,

Agents

Marco Santarelli

JANUARY 3, 2021

Among the advantages of this strategy is that during the time that you hold the property and rent it out, the mortgage is paid down every month, decreasing your principal balance and increasing your equity in the rental property. The best rental properties are the ones that are well located and physically sound.

Investor

Marco Santarelli

FEBRUARY 14, 2025

It's important to note that these figures only reflect principal and interest, excluding property taxes, insurance, and any potential homeowners association (HOA) fees, which can significantly impact your total monthly payment. This ensures you get the quoted rate even if rates increase before your loan closes.

Fixed-rate mortgage

Marco Santarelli

MAY 23, 2025

In the early years of the loan, your payments mainly cover interest rather than the principal amount borrowed. Over time, however, a greater portion of your monthly payment goes towards the principal, building equity in your home. Investor Sentiment : Investors are closely monitoring the U.S. Whats Driving Mortgage Rates Up?

Mortgages

Marco Santarelli

MAY 23, 2025

I've been keeping a close eye on the housing market myself, and honestly, Ramsey's outlook aligns with what I'm seeing on the ground. If you're in the market, especially in areas with limited inventory, expect to pay close to the asking price for desirable properties. Housing Market Predictions 2025 by Dave Ramsey: Will it Crash?

Marketing