Housing Wire

MARCH 30, 2023

Achieving [these] goals will also help encourage community banks to expand their construction-to-permanent mortgage lending activity, especially in small towns and rural markets.”

Loans 383

Loans Construction Mortgages Lending 383

Housing Wire

DECEMBER 6, 2022

Exurban areas (large metro outlying counties) recorded the largest 12-month decline in single-family construction, dropping from an annual growth rate of 31.9% It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros. in Q3 2021 to a rate of -4.4% in Q3 2022.

Construction 473

Construction Mortgages Marketing As-is 473

Housing Wire

JULY 24, 2023

For most states, the pipeline for construction of single-family homes specifically designed as rentals is booming. Market conditions in 10 states are such that this kind of construction isn’t a priority. In fact, these states are seeing no additional construction of single-family homes for rent, according to reporting at Axios.

Construction 369

Construction Marketing Development As-is 369

Housing Wire

DECEMBER 3, 2021

The construction sector added a total of 31,000 jobs in November, on par with the two prior months. Specialty contractors showed the largest gains with an increase of 13,000 jobs, while persons employed in construction of buildings, and civil and heavy engineering rose by 10,000 and 8,000 jobs, respectively. While this is a 0.4%

Residential 441

Residential Construction Mortgages Banks 441

Housing Wire

SEPTEMBER 13, 2022

Seattle and London-based construction technology company Modulous has raised $11.5 based real estate developer, CEMEX Ventures , the venture arm of construction giant CEMEX ; Blackhorn Ventures (U.S.); based real estate developer, CEMEX Ventures , the venture arm of construction giant CEMEX ; Blackhorn Ventures (U.S.);

Construction 410

Construction Design Development Technology 410

Housing Wire

JUNE 5, 2023

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. Some apartments have been constructed in recent years, but the construction level has been low.

Construction 365

Construction Land Commercial As-is 365

Housing Wire

AUGUST 15, 2023

With strong demand and limited options for existing homes, many homebuyers are turning to new construction. Mortgage applications for new construction home purchases increased 35.5% in July on a year-over-year basis, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data.

Mortgages 370

Mortgages New Construction FHA loan Construction 370

Housing Wire

SEPTEMBER 14, 2023

Demand for newly constructed homes continues to remain high as existing for-sale inventory remains historically low. Mortgage applications for new home purchases increased 20.6% in August on a year-over-year basis. Compared to July 2023, applications increased by 4%. This change does not include any adjustment for typical seasonal patterns.

Mortgages 394

Mortgages FHA loan New Construction Construction 394

Housing Wire

MARCH 8, 2023

As the housing market cooled further during the fourth quarter of 2022, homebuilders also continued to pull back on single-family construction. It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros. in Q4 2021 to -12.1% in Q4 2022. a year ago to -11.7%.

Construction 410

Construction Mortgages Residential Marketing 410

Housing Wire

JUNE 13, 2023

While state lawmakers are currently debating rent control legislation as one potential answer to the issue, the Massachusetts Association of Realtors (MAR) is advocating to increase housing construction instead, according to reporting by the Massachusetts’ State House News Service. Last month, Washington state Gov.

Construction 379

Construction New Construction Agents Design 379

Housing Wire

NOVEMBER 10, 2022

In response, multifamily construction has skyrocketed over the last year, hitting a historic high of 841,000 units under construction nationwide in June of this year, according to research from the National Multifamily Housing Council and the National Apartment Association. Department of Housing and Urban Development.

Construction 457

Construction Mortgages Lending New Construction 457

Housing Wire

JULY 8, 2022

The construction sector, meanwhile, had only a slight gain, according to the U.S. But employment showed little change over the month in other major industries, including construction, retail trade, financial activities, government and other services. Job growth in the U.S. jobs report , released Friday. in June 2021. in May to $32.25

Construction 383

Construction Mortgages Residential Industrial 383

Housing Wire

AUGUST 18, 2020

New home construction continues to climb, as privately owned single-family housing starts in July were at a seasonally adjusted annual rate of 1.496 million, a 22.6% An acceleration in new construction was therefore expected in order to rebalance this relationship in light of continued buyer demand.”. Census Bureau. from last July.

Construction 545

Construction Mortgages New Construction Sales 545

Housing Wire

FEBRUARY 22, 2022

The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Tye Alroe, director of Alroe Constructions , was recently let down by a subcontractor who pulled out of a job at the last minute. “I I had a roofer locked in six weeks in advance.

Residential 410

Residential Construction Marketing Industrial 410

Housing Wire

JUNE 3, 2022

After a month of very little change in April , the construction sector had a solid month of job growth in May, according to the U.S. Construction gained 36,000 jobs in May, with residential building adding 5,000 jobs and residential specialty trade contractors gain 11,700 jobs. The post Residential construction jobs now 7.6%

Residential 458

Residential Construction Mortgages Renovation 458

Housing Wire

MARCH 17, 2022

Census Bureau released their construction report for February, showing a positive trend in housing construction data with a lovely print in housing permits at 1,859,000 and housing starts at 1,769,000. So far, housing construction has done well during 2020-2022 considering the economic drama. Today, the U.S.

Construction 466

Construction Mortgages Sales Marketing 466

Housing Wire

OCTOBER 8, 2021

After losing 3,000 jobs in August , the construction sector added 22,000 jobs in September. However, construction employment is still 201,000 jobs below its February 2020 level. The average hourly earnings of production and non-supervisory employees in construction are up 5.8% below its pre-pandemic level.

Construction 441

Construction Residential Mortgages Industrial 441

Housing Wire

NOVEMBER 5, 2021

For the second month in a row the construction sector added jobs, rising by 44,000 jobs in October. Unfortunately for the residential housing sector, most of these jobs were in nonresidential specialty trade contractors (19,000), and in heavy and civil engineering construction (12,000). Residential building is up 5.4%

Residential 315

Residential Construction Mortgages Development 315

Inman

SEPTEMBER 8, 2023

Construction data and technology company Zonda has acquired yet another company, this time UTour, a system for offering self-guided home tours to enhance Livabl, a public-facing search experience for new construction homes which the company launched in April this year.

New Construction 159

New Construction Construction Technology 159

Inman

SEPTEMBER 5, 2023

Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market.

New Construction 169

New Construction Construction Residential Marketing 169

Eye on Housing

NOVEMBER 17, 2023

Despite weakness for single-family construction in 2023, townhouse construction recorded the best quarter for starts in 16 years.

Construction 99

Construction Design 99

Keeping Current Matters

JULY 5, 2021

Early indicators show new-home construction is beginning to ramp up. Here’s what industry experts are saying about new homes coming to market: Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), says recent research could indicate upward momentum when it comes to new home construction.

Construction 231

Construction Residential Mortgages Agents 231

GeekEstate

MAY 29, 2023

Today’s showcase: Spackle] A mobile solution helping find electrical, plumbing, painting, and concrete subcontractors for small commercial construction projects, Spackle connects service providers with commercial occupiers to manage and fulfill maintenance and improvement requests.

Commercial 115

Commercial Construction Industrial 115

Maximum Exposure Real Estate

OCTOBER 3, 2023

Are you wondering if you should refinance your construction loan? Construction loans can offer financial support during the building process, but refinancing can provide long-term benefits. By refinancing a construction loan, homeowners can secure a lower interest rate for their permanent mortgage and potentially save money over time.

Loans 98

Loans Construction Mortgages 98

Eye on Housing

SEPTEMBER 11, 2023

The number of women employed in the construction industry increased to over 1.28 million in 2022, as the construction industry recovered all jobs lost during the pandemic. of the construction workforce, up from 9.3% Currently, women make up 10.9%

Construction 105

Construction Industrial As-is 105

Eye on Housing

OCTOBER 30, 2023

The Census Bureau’s Survey of Construction (SOC) provides valuable information on the characteristics of new homes started construction, such as air conditioning and heating system installations. Air Conditioning In 2022, 97.1 percent of new single-family homes started had a central AC system, slightly higher than 96.5 percent in 2021.

Construction 82

Construction New Construction 82

Inman

APRIL 21, 2023

Zonda, a technology company that leverages extensive data resources to deliver enterprise software to commercial homebuilders, has released a front-end system for finding new-construction homes. The website is called Livabl.

New Construction 153

New Construction Construction Commercial Marketing 153

Inman

AUGUST 2, 2023

New construction listings on Zillow will now automatically be syndicated to Redfin. The companies believe the partnership will extend the reach of the homebuilders' listings while aiding consumers.

New Construction 140

New Construction Construction Brokerage Agents 140

Keeping Current Matters

AUGUST 9, 2023

Buying a new construction home can be an exciting experience.

New Construction 214

New Construction Construction Agents 214

RIS Media

AUGUST 15, 2023

In pursuing their dream home, many homebuyers choose between purchasing an existing property or building a new construction home from scratch. Those considering new construction will often look at the houses that are the cheapest to build.… … The post Pros and Cons of New-Construction Homes appeared first on RISMedia.

New Construction 97

New Construction Construction Agents Industrial 97

Inman

JANUARY 13, 2023

Era Ventures led the funding round for New York-based Welcome Homes, an online home construction platform that elevates the design and buy process of new property construction.

Construction 143

Construction Design New Construction Technology 143

Eye on Housing

OCTOBER 2, 2023

NAHB analysis of Census Construction Spending data shows that private residential construction spending rose 0.6% However, total private residential construction spending is still 3.1% The total construction monthly increase is attributed to more. lower compared to a year ago.

Residential 88

Residential Construction 88

Inman

JULY 11, 2023

Dash, which aims to improve how real estate agents access information about new construction projects, has released a beta test of its software in Miami, the company announced last week.

New Construction 136

New Construction Agents Construction Technology 136

Eye on Housing

AUGUST 23, 2023

The missing middle construction sector includes development of medium-density housing, such as townhouses, duplexes and other small multifamily properties. For the second quarter of 2023, there were just 3,000 2- to 4-unit housing unit construction starts. This is down from a year prior. Read More ›

Construction 85

Construction Development As-is 85

Realty Biz

NOVEMBER 6, 2023

Germany's wave of cancellations in residential construction continues at alarming rates, with expectations reaching an exceptional low of -63.9 It's getting worse all the time, with more and more projects failing due to higher interest rates and elevated construction prices. in the previous month; 48.7% in September.

Residential 63

Residential Construction Finance Lending 63

Eye on Housing

MARCH 9, 2023

The NAHB recently published its latest Cost of Construction Survey. of the average home sale price consisted of construction costs, essentially unchanged from the 61.1% Results show that 60.8% posted in 2019.

Construction 117

Construction Sales 117

RIS Media

JULY 19, 2023

One month after the biggest surge in housing starts in the last couple years, new constructions fell sharply, disappointing analysts and blunting hopes of a long-term rally by builders. as the housing industry continues to see-saw through a shaky… The post New Constructions Tumble, Surprising Analysts appeared first on RISMedia.

New Construction 85

New Construction Construction Industrial Marketing 85