Housing Wire

NOVEMBER 19, 2024

A lower Fed funds rate can assist with land purchases and apartment construction, but that process would take considerable time before we see any development. I wrote an article back in 2021 when many believed a massive construction boom would last for a decade. Builders, as we know, are not charitable organizations.

Construction 539

Construction Mortgages Land Sales 539

Housing Wire

APRIL 24, 2025

The report evaluates each state using weighted criteria tied to affordability and construction activity. Homebuilding was assessed using construction permit volumes relative to population and price differences between new and existing homes. These states face a combination of high home prices and limited new housing development.

Construction 329

Construction New Construction Development Land 329

Housing Wire

JANUARY 9, 2025

Bruce Harrell Last year, Harrell introduced a bold plan that would aim to double the citys zoning capacity, which City Hall said could lead to the construction of 80,000 additional homes by 2044. He is also looking to create 30 neighborhood centers that could allow for the construction of five-story apartment complexes.

Construction 447

Construction Commercial Land Development 447

Housing Wire

JANUARY 16, 2025

” Residential construction workers are at risk of facing job losses for the first time in this recovery yet the Fed often takes a hawkish stance in its statements at key points, which tends to drive mortgage rates higher. It’s not falling.”

Mortgages 511

Mortgages Residential Construction Marketing 511

Housing Wire

OCTOBER 25, 2024

Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training. HW : We’re seeing an uptick in ground-up construction. Ground-up construction growth will be high to meet the population growth and meet the demand due to limited inventory.

Investor 448

Investor New Construction Construction Loans 448

Housing Wire

OCTOBER 24, 2024

We had no growth in residential construction work hiring earlier in the year when rates were higher. I recently raised this concern about housing construction and new home sales in an interview on CNBC. Census Bureau and the Department of Housing and Urban Development. Then mortgage rates fell from 7.5% percent (±14.7

Sales 488

Sales Construction Mortgages Residential 488

Housing Wire

DECEMBER 20, 2024

It is encouraging to see some uptick in apartment construction in some of our larger communities. Underlying issues Despite this progress, Dapice and others are frustrated by the lack of new construction especially starter homes in the state. They want to attract younger employees, including recent college graduates.

Construction 433

Construction Land Development New Construction 433

Housing Wire

MARCH 31, 2025

“We need solutions that protect homeowners without pricing them out.” “We need solutions that protect homeowners without pricing them out.”

Construction 448

Construction Development Marketing As-is 448

Housing Wire

MAY 14, 2024

As a result, some homebuilders have doubled down on the construction of built-to-rent (BTR) homes. The momentum is continuing as another 99,000 BTR homes are under construction in 2024, although the breakneck pace is expected to ease in 2025. Many builders feel bullish about places that are low on rental supply.

Construction 475

Construction Development Investor As-is 475

Housing Wire

APRIL 18, 2025

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. New builds come with builder warranties and construction quality may vary due to labor shortages, and delays can occur.

Purchase and sale agreement 347

Purchase and sale agreement New Construction Construction Closing costs 347

Housing Wire

MARCH 7, 2025

I think that we’ve underbuilt for 13 years in this country and in this state, so definitely, new construction is in order, she said. I’m just concerned about the price of new construction when we rely so much on imported goods for building these homes. That would definitely help with the sale pricing of new construction.

Marketing 395

Marketing New Construction Construction Development 395

Housing Wire

JANUARY 17, 2024

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. That could set the backdrop for a slower pace of construction.

Construction 488

Construction Land Residential Mortgages 488

Housing Wire

JULY 11, 2024

The latest annual report from The Counselors of Real Estate highlights 10 major issues expected to impact the housing industry in 2024, but developers are painfully familiar with at least two of them: labor shortages and skyrocketing capital costs. The result is a sharp increase in labor costs, and longer construction times.

Development 434

Development Construction Finance Investor 434

Housing Wire

APRIL 26, 2024

Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. The implementation timeline varies based on the type and location of new construction.

New Construction 501

New Construction Construction Development Finance 501

Housing Wire

DECEMBER 9, 2024

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

Principal 370

Principal Land Development Renovation 370

Housing Wire

NOVEMBER 29, 2024

New-home construction in the U.S. StorageCafe describes this discrepancy as the “missing middle,” and analysts blame zoning laws and rising construction costs. has focused on single-family and multifamily inventory growth to boost supply and affordability. One Texas city has something to say about that.

Construction 397

Construction Land Development As-is 397

Housing Wire

JULY 22, 2024

Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homelessness ,” the department explained.

Construction 469

Construction Renovation Principal Development 469

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 482

Construction Development Mortgages New Construction 482

Housing Wire

OCTOBER 15, 2024

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

New Construction 488

New Construction Construction Agents Marketing 488

Housing Wire

JANUARY 27, 2025

Census Bureau and Department of Housing and Urban Development shows new-home sales registering at a seasonally adjusted annual rate of 698,000, good for a 6.7% New home sales continue to be a bright spot in a dismal housing market. The December report from the U.S. rise year over year and 3.6% higher than November.

Sales 476

Sales New Construction MLS Mortgages 476

Housing Wire

OCTOBER 31, 2023

Real estate software development company Cedar announced this week that it has secured $3 million in seed funding to create a product that would help developers locate urban infill properties for potential development into housing.

Development 448

Development Land Construction Investor 448

Housing Wire

JULY 19, 2024

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0

Development 459

Development Industrial Mortgages Fixed-rate mortgage 459

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The NHC lauded the development.

Construction 535

Construction Closing costs Renovation Title 535

Housing Wire

JANUARY 14, 2025

The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. ” Nikol Solares Solares brings 20 years of experience in luxury development, new construction sales and marketing to her new role. Adam Vellano was promoted to managing director of the South Florida market.

Brokerage 370

Brokerage Development New Construction Agents 370

Housing Wire

DECEMBER 20, 2024

And actual robotic assistance is something being developed in other parts of the world, including through government endorsement of the idea. These include the active encouragement by the governments of the countries examined to construct robots for social utility, including for in-home care.

Development 397

Development Design Technology Construction 397

Housing Wire

APRIL 16, 2025

This tailwind is currently under threat as developers grapple with the short-term and long-term impacts of new and evolving tariffs on building materials. Higher material costs could lead to construction delays, cancellations or increased expenses that may eventually be passed on to renters.

Construction 229

Construction Development Marketing As-is 229

Housing Wire

SEPTEMBER 5, 2023

It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros. The latest HBGI data continue to show a changing geography for home construction,” Robert Dietz , the NAHB’s chief economist, said in a statement. at the end of 2019 to 12% earlier in 2023.

Construction 435

Construction Mortgages Development Marketing 435

Housing Wire

NOVEMBER 29, 2023

Census Bureau and the Department of Housing and Urban Development. Home construction New home construction ramped up early in the pandemic but moderated as interest rates ticked up and mortgage rates followed. The rate of homes under construction has roughly plateaued since April 2022. The figure – up 17.7%

Construction 448

Construction Sales Finance Land 448

Housing Wire

NOVEMBER 26, 2024

Census Bureau and the Department of Housing and Urban Development. However, it’s important to understand that housing starts are currently at recession levels because mortgage rates are too high to encourage new housing construction. This is 17.3 percent (±12.8 percent) below the revised September rate of 738,000 and is 9.4

Sales 501

Sales Construction Mortgages Development 501

Housing Wire

JANUARY 30, 2025

For example, 30% of purchase transactions were new construction last year. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors. And, its focusing on areas like construction, non-QM, the fix-and-flip and second lien production.

New Construction 303

New Construction Construction Marketing Equity 303

Housing Wire

JANUARY 28, 2025

. … The trend over the last few years of banking financing retreating from this sector , I think it opened up a lot more opportunities for BPL lenders to be the at the forefront of the funding solution to residential developers and investment. Multifamily developments have been picking up with a very strong start.

Residential 357

Residential Lending Finance Banks 357

Housing Wire

APRIL 10, 2025

These metros are becoming hubs for build-to-rent development, the report said. Florida added more than 5,300 new BTR homes last year and currently has nearly 7,800 more in development. Dallas followed with 3,197 new units, while Atlanta came in third with 3,035, a 15% increase from the previous year.

Development 313

Development Staging Construction Closing 313

Housing Wire

FEBRUARY 24, 2025

Despite the stated expectations of retirees, the data used in the briefs construction suggests instead that tapping equity is actually a typical response to LTC shocks, the brief explained. Such shocks also lead to reductions in expected bequests.

Equity 342

Equity Finance Construction Development 342

Housing Wire

JUNE 10, 2024

metro areas that are embracing new development and “creating a more diverse and plentiful supply of homes.“ Pacaso said that these shortages have been exacerbated by various types of “municipal zoning and building ordinances [that] have historically restricted new housing construction.“ Other estimates are much higher. Washington, D.C.,

Development 353

Development Construction Land Residential 353

Housing Wire

FEBRUARY 18, 2025

Despite that projected need for more senior housing, however, development on dedicated senior housing units and facilities ground to a halt during the COVID-19 pandemic and has largely stood still since then, the report explained. The sector is expected to move from its former glut to a shortage in the next five years, the Journal reported.

Marketing 334

Marketing New Construction Development Construction 334

Housing Wire

FEBRUARY 13, 2024

New construction is backed up,” she said. According to Ellison, new construction in the Birmingham area typically accounts for 15% to 20% of the houses on the market at any given time, but that has not been the case over the past four years. “As

New Construction 435

New Construction Construction Agents Development 435

Housing Wire

NOVEMBER 13, 2024

The goal is to help them avoid homelessness by funding affordable housing construction, home repairs and adaptations as well as giving out financial assistance. The new commitment furthers the foundation’s stated goal of reaching $750 million in investment activity. There are four key areas the funding will be applied toward.

Technology 370

Technology Renovation Construction Development 370