Housing Wire

FEBRUARY 13, 2024

While a lack of existing home inventory is certainly part of the problem, Ellison said that in Birmingham, agents and buyers are also facing a lack of new home inventory. New construction is backed up,” she said.

New Construction 410

New Construction Construction Agents Development 410

Housing Wire

JANUARY 27, 2025

New home sales continue to be a bright spot in a dismal housing market. 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% Even better, new home sales for the calendar year 2024 are estimated at 683,000, which is 2.5%

Sales 450

Sales New Construction MLS Mortgages 450

Housing Wire

NOVEMBER 4, 2021

For career switchers looking for a new path that doesn’t necessarily require a college degree, they could do worse than the building trades. million new hires for construction. Since the last housing bubble burst, when more than a million residential construction workers lost their jobs , a shortage has developed.

Construction 527

Construction Renovation New Construction Development 527

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 311

Construction New Construction Development Land 311

Housing Wire

JUNE 16, 2025

Rule modification, industry pushback The home inspection regulation was developed after a public comment period in May, during which EOHLC received more than 100 submissions. The state also finalized the sale of 450 acres of surplus land to support development of up to 3,500 new homes.

Inspection 333

Inspection Pre-approval Development New Construction 333

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 297

New Construction Construction Marketing Equity 297

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 407

Construction Land Development New Construction 407

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.

Brokerage 370

Brokerage Development New Construction Agents 370

RIS Media

OCTOBER 18, 2024

Department of Housing and Urban Development bears that sentiment out. According to the bureau’s September Monthly New Residential Construction report,… The post Positive Signs: Single-Family New Construction, Permits Rise in September appeared first on RISMedia. Census Bureau and the U.S.

New Construction 111

New Construction Construction Residential Development 111

Marco Santarelli

JANUARY 22, 2025

The Florida housing market is undeniably hot right now, making headlines with a record-breaking $285 million new construction home hitting the market. It's a development of a property that was initially purchased by former Manalapan mayor and developer Stewart Satter for $27.5 Absolutely not!

New Construction 98

New Construction Construction Pre-approval Design 98

Keeping Current Matters

DECEMBER 8, 2021

First, let’s look at the benefits of purchasing a newly constructed home. With a brand-new home, you’ll be able to: 1. Buying a new construction vs. existing home typically means you’ll have fewer repairs to do. New Construction May Be an Option. The Pros of Newly Built Homes. Create your perfect home.

New Construction 295

New Construction Construction Branding Design 295

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 316

Marketing New Construction Development Construction 316

Housing Wire

FEBRUARY 4, 2025

To start the conversation, Divounguy dives into the past two years of economic developments and how they impact today’s housing market. Even if we had a massive increase in that number of new listings, that would not be enough to get affordability to get the kind of price declines that we need.

New Construction 366

New Construction Mortgages Construction Sales 366

Housing Wire

JANUARY 30, 2025

This was some of the perspective shared by Matt Cook, the director of business development at HomeTeam Inspection Service , who shared with HousingWire ‘s Reverse Mortgage Daily (RMD) how the growing number of older homeowners is impacting what he sees on a daily basis. Some feel like homes arent built like they used to be.

Inspection 269

Inspection Mortgages New Construction Equity 269

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 458

Construction Development Mortgages New Construction 458

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. Department of Housing and Urban Development (HUD), according to lawyers. UWM, which originated $33.5

Construction 397

Construction Loans Loan Officer New Construction 397

Housing Wire

DECEMBER 4, 2024

But the new limit is largely seen as positive by reverse mortgage industry participants who spoke with HousingWire ’s Reverse Mortgage Daily (RMD), as well as social media posts from those who reacted to the news online. Others are taking a more nuanced approach to the increase.

Mortgages 384

Mortgages Equity Lending Loans 384

Housing Wire

MAY 9, 2025

A new law going into effect this summer in Washington aims to address the states housing supply woes. The legislation lifts zoning restrictions to allow for more multifamily development and comes as the median single-family home price in the Seattle area set a new record by exceeding $1 million. Earlier this week, Gov.

Construction 349

Construction Land Development New Construction 349

Housing Wire

DECEMBER 16, 2021

Department of Housing and Urban Development and the U.S. Construction of single-family homes increased 11.3% million units, while the construction of multifamily units increased 12.9% ” HUD and the Census Bureau are attributing this increase in production to strong demand for new construction. .”

New Construction 473

New Construction Construction Residential Development 473

Housing Wire

FEBRUARY 24, 2023

New home sales started off 2023 on a positive note, rising 7.2% Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. On a year-over-year basis, however, new home sales are still down 19.4%. Looking ahead, experts are optimistic about the spring selling season for new construction.

Sales 432

Sales New Construction Construction Mortgages 432

Housing Wire

MARCH 24, 2025

Experts at the summit highlighted that 16% of all new housing activity these days comes from new construction , making builder engagement strategy essential for lenders. Additionally, rate buy-down incentives are playing a major role in helping move new home inventory.

Technology 364

Technology Loan Officer Loans Banks 364

Housing Wire

FEBRUARY 22, 2022

The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Builders are having to delay project start times, resulting in cost blowouts and developments not being completed. Many people are referring to this time as a ‘profitless boom’ for the building industry.

Construction 410

Construction Residential Industrial As-is 410

Housing Wire

MARCH 2, 2022

I grew up in Houston, and I’ve seen the benefits and the pitfalls of real estate development in perhaps the most lightly regulated city in the United States — a place where developers don’t fret about complex building regulations, because such regulations simply don’t exist. The results are uneven, but can be inspiring.

Development 369

Development New Construction Inspection Design 369

Housing Wire

MAY 19, 2025

in New Jersey, and expand its new development offering, Southern said, referring to Ryan Serhant, the firms founder. Southern is responsible for roughly 65% of all brownstone sales in downtown Jersey City and handles the bulk of new construction deals for buildings six stories or fewer. According to SERHANT.,

Agents 250

Agents New Construction Development Brokerage 250

Housing Wire

DECEMBER 19, 2023

New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. Single-family building activity drove November residential construction activity. Single-family building activity drove November residential construction activity.

Mortgages 432

Mortgages Construction New Construction Residential 432

Housing Wire

JULY 16, 2024

Biden’s new plan would cap annual rent hikes at 5% for two years for landlords who manage 50 or more rental units, which the administration said would cover 20 million units, or roughly half of all rental units in the country. Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation.

New Construction 466

New Construction Construction Land Development 466

Housing Wire

MARCH 31, 2025

Our brand has always been about elevating the experience, whether for a high-net-worth buyer relocating to Park City or a developer unveiling a world-class mountain retreat, Lindner said. The move grants them membership in the Christies International Real Estate Masters Circle, an exclusive designation for top-producing agents.

New Construction 256

New Construction Development Branding Construction 256

Housing Wire

AUGUST 16, 2024

Salim Furth joins Simonsen to share his expert opinions on the current housing crisis and the various factors that impact new development in certain cities. Furth urges the audience to study housing from a new listings perspective instead of a market price perspective. To address this, solving the development issue is key. “To

Land 438

Land Construction Development New Construction 438

Housing Wire

MAY 25, 2022

While some buyers still enjoy finding their new construction home the old-fashioned way —spending a Saturday driving through neighborhoods — the National Association of Realtors (NAR) reports that 97% of homebuyers, regardless of age, use the internet in their home search.

New Construction 458

New Construction Construction Sales Industrial 458

Housing Wire

APRIL 14, 2025

Despite the current stability, Redfin economists warn that looming tariffs on imported building materials may trigger a reversal in rent trends by constraining new apartment construction activity and increasing economic uncertainty. Will rising costs derail new construction?

Construction 356

Construction New Construction Agents Development 356

Housing Wire

SEPTEMBER 27, 2021

“Since history has shown us that fourth quarters are usually the strongest quarter for construction, 2021 is still projected to finish with 40,000 completions, which is falls right in line with years past,” David Caputo, an analyst with Moody’s, said. “As In the second quarter, the national average asking rent increased.8% 8% to $986.

New Construction 466

New Construction Construction Finance Mortgages 466

Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Fueling this increase is new construction, according to Divounguy, even though the 1.3% Over the past year, the value of the U.S.

Marketing 515

Marketing New Construction Finance Construction 515

Housing Wire

FEBRUARY 26, 2024

New-home sales reached a seasonally adjusted annual rate of 661,000 in January, according to data published Monday by the U.S. Department of Housing and Urban Development ( HUD ). Additionally, mortgage applications for new homes surged in January as a lack of existing homes for sale continued to fuel the demand for new construction.

Sales 432

Sales New Construction Construction Development 432

Housing Wire

SEPTEMBER 4, 2024

The only viable solution to these problems, as other municipal leaders and housing industry experts have previously suggested, is the construction of more homes. The plan also addresses environmental impact concerns of new construction, Rubio said, by paying attention to the floodplain of Portland’s urban center.

Construction 420

Construction New Construction Finance Land 420

Housing Wire

AUGUST 16, 2024

Department of Housing and Urban Development (HUD). “The large inventory of new homes is suppressing building at this point, but with mortgage rates dropping and likely to fall more, we should see a pick up in construction later this year,” Robert Frick, a corporate economist at Navy Federal Credit Union , said in a statement.

Construction 455

Construction New Construction MLS Residential 455

Housing Wire

MAY 16, 2024

A key conclusion is that while new construction creates additional supply for first-time and move-up buyers alike, it comes with an additional expense. While many metro areas currently offer an advantage where you can purchase a new construction home for a similar price or even less than the average area home, there is still a 23.8%

Sales 441

Sales New Construction Construction Finance 441

Housing Wire

MARCH 25, 2024

New-home sales receded slightly in February but continued to track above last year’s pace, reaching a seasonally adjusted annual rate of 662,000 last month, according to data published Monday by the U.S. Department of Housing and Urban Development ( HUD ). month supply of new single-family homes, according to census and HUD data.

Sales 463

Sales New Construction Construction MLS 463