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.

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New Construction Construction Marketing Equity 312

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.

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Construction Closing costs Renovation Title 535

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.

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Technology Renovation Construction Development 370

Housing Wire

JUNE 1, 2021

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer.

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Title search Title Renovation Investor 516

Housing Wire

JANUARY 9, 2024

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

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Finance Construction Renovation Loans 501

Housing Wire

JULY 16, 2024

Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. In conjunction with Biden’s proposal, the Bureau of Land Management (BLM) announced it will open a public comment period on the sale of 38 acres of public land in Nevada for the purpose of affordable housing construction.

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New Construction Construction Land Development 488

Housing Wire

NOVEMBER 23, 2021

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work.

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Renovation Construction Development Finance 476

Housing Wire

MAY 12, 2021

And for those who still want to build a home from scratch, rising construction costs , limited lot sizes, and excessive red tape can make the process seem insurmountable. Considering how much construction technology, materials, and techniques have evolved, building a new home should be far simpler than it is. Opportunities to innovate.

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Construction Technology Inspection Industrial 482

Housing Wire

AUGUST 29, 2024

At HVPG, we recently completed a renovation at a senior living facility in Jersey City, a city experiencing rapid growth with almost 30% of its current population arriving in 2021 or 2022. Our renovation includes features such as step-free entrances, wider doorways, and bathroom modifications.

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Renovation Development New Construction Land 459

Housing Wire

FEBRUARY 12, 2024

Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. It also has a niche in construction and manufactured home loan programs. residential mortgage market and housing-related assets.

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Lending New Construction Construction Finance 456

Housing Wire

JUNE 8, 2021

“The average home age in the United States is about 40 years old, so there’s a huge stock of homes that need to be renovated.”. Given the rising price of lumber and other construction costs, renovations may sound impractical. A fix’n’flip loan is designed to cover the costs of purchasing a home and renovating it.

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Loans Lending Renovation New Construction 360

Housing Wire

JULY 23, 2024

While other countries are responding to these changes by developing and implementing national strategic plans to help them meet the challenges and maximize opportunities to increase longevity, the U.S. has yet to develop a comprehensive national plan on aging,” the announcement of the paper begins.

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Development Renovation Construction Design 448

Housing Wire

MARCH 7, 2024

Long, who brings more than 20 years of experience in the mortgage industry, will be responsible for building Planet’s retail networks and will also have a focus on product development, the company said.

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Lending Renovation Loans Mortgages 459

Housing Wire

JULY 8, 2024

We are pleased to partner with Shawn and the Archwest team to deliver dynamic financing solutions to home builders , renovators and landlords who are expanding and improving the critically undersupplied U.S. Its product mix includes fix-and-flip loans, bridge loans and construction loans.

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Residential Lending Finance Investor 435

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.” In 2019 the number was 200,000.

Renovation 435

Renovation Equity Mortgages Development 435

Housing Wire

JANUARY 20, 2023

These standards were not developed with any real input from HUD, which has exclusive statutory authority for manufactured home construction and safety standards nationwide, through the HUD Code. DOE should delay its effective date, while it works with HUD to develop more balanced standards.

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Land lease Renovation Land Loans 418

Housing Wire

JANUARY 14, 2025

While ground-up construction of new units by national homebuilders is part of the solution, these builders generally dont address the aging current housing stock, or the need to create additional density and living space in infill areas where each property may have different attributes. million homes and growing.

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Marketing Investor Renovation Industrial 397

Housing Wire

DECEMBER 5, 2024

Department of Housing and Urban Development (HUD) and U.S. In September, HUD announced updates to its manufactured housing construction and safety standards. An analysis of data from the U.S. The study from LendingTree found that the average price of a new manufactured home sold in the U.S. increased by 58.34% between 2018 and 2023.

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Land lease Land Renovation Construction 418

Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?

Renovation 488

Renovation Sales Investor Mortgages 488

Brownstoner

JANUARY 25, 2025

Affordable Housing Lottery Opens in East New York, With Units From $544 An affordable housing lottery has launched for a truly affordable under-construction seven-story development on the corner of East New Yorks Shepherd and Glenmore avenues.

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Renovation Construction Development 105

Housing Wire

APRIL 27, 2023

These developments—and more—can be seen as cracks in the armor of a housing-industry sector that rose out of the ashes of the Great Recession and grew to become a thriving alternative for individuals locked out the home-purchase market by rapidly rising prices.

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Renovation Residential Commercial As-is 393

Housing Wire

JULY 17, 2023

However, developing interactive virtual tours requires advanced rendering techniques and programming expertise, making them more complex to create compared to guided tours. This approach holds numerous benefits for property developers, including: Enables real estate agents to showcase their projects to potential buyers and investors.

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Technology Staging Development Agents 362

Housing Wire

OCTOBER 10, 2023

Assembling your comparative market analysis I usually develop a report that is broken out into five sections, outlined below. Here are the steps you should take to develop your CMA report Step 1. Unlike Properties: Omit any properties in completely different locations or those in a different size or price range.

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Marketing Agents Closing Renovation 435

RIS Media

MARCH 8, 2022

New walls will have to be constructed before cabinets can be installed. You Need to Understand How Long It Will Take to Renovate. Customers who have never had a home renovated often have no idea how long various projects take. Knowing how long renovations will take will allow you to plan accordingly.

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Renovation Development Staging Construction 98

Realty Biz

NOVEMBER 8, 2021

Anyone looking for a career change that doesn’t have the advantage of a college degree could do a whole lot worse than retraining as a construction worker. Amid huge demand for new homes, at least 740,000 new construction workers will be needed each year for the next three years, according to a new report by the Home Builders Institute.

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Construction New Construction Industrial Renovation 116

Housing Wire

MARCH 28, 2022

With that said, with tight margins of around 5% , time is short, meaning human value creation (renovations big or small) are usually foregone in favor of an algorithmically determined window dictating when to buy or flip. To de-risk transactions, tailored add-ons are important. Andy Bodrog is Partnerships Director, Property at Cover Genius.

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Marketing Title Technology Closing costs 397

Realtor.com

NOVEMBER 17, 2022

Many homebuyers may find the added expense of new construction well worth it, due to the money they stand to save on renovations and repairs that might crop up in an older home. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

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New Construction Construction Development Renovation 126

Housing Wire

FEBRUARY 8, 2024

With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad.

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Agents Construction Design Branding 435

Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

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New Construction Construction Loans Design 123

HomeLight

JULY 31, 2020

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Are you even sure new construction is right for you? Pros of new construction. Everything is brand-new.

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New Construction Construction Inspection Branding 111

Realtor.com

JANUARY 11, 2023

Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes. Getty Images. Getty Images.

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New Construction Construction VA loan Finance 110

Realty Biz

AUGUST 3, 2023

In recent years, virtual renovation has emerged as a groundbreaking tool that allows homeowners, designers, and contractors to visualize and plan home renovation projects in a virtual space. It combines the benefits of cutting-edge technology with practical application in home remodeling and construction.

Renovation 79

Renovation Pre-approval Investor Construction 79

Toronto Realty Blog

MAY 16, 2022

Let’s say a developer is building a 100-unit condo. Let’s say the developer is selling these condos for $1,000 per square foot. ” This could be in the form of reduced rent, reduced sale price, or the government “buying” the units from the developer. .”

Construction 105

Construction Purchase and sale agreement Pre-approval Development 105

HomeLight

JANUARY 29, 2021

But rather than draining their savings, most homeowners opt to finance their home home improvement with credit or a home renovation loan. If you’re considering taking out a home renovation loan to spruce up a powder room or gut the kitchen, we’ve got you covered. An overview of home renovation loan options. Construction loan.

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Renovation Loans Equity Construction 98

Realty Biz

MARCH 26, 2021

Within the Canadian real estate market, pre construction homes are all the rage. As the name suggests, these are bought prior to the construction of the home. Usually, people opt for condos in new buildings that are under construction. Pre construction homes allow buyers to steer clear of heated bidding wars.

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Construction Due diligence Development Renovation 87

Realty Biz

APRIL 10, 2022

Real estate development is an interesting and lucrative industry, but like all lucrative sectors, it also comes with a number of challenges. Construction can’t happen without supplies and fleets to deliver them, but this may be easier said than done. There are dos and don’ts of buying land for sale or development.

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Development Industrial Construction Design 97

Brownstoner

APRIL 10, 2025

Contact Cara at caramia447 [at] gmail [dot] com In the early 2000s, a developer added two floors to an existing two-story garage in the South Slope, rebuilding the facade to create a handsome brick row house, still with a garage on ground level. Got a project to propose forThe Insider?Contact

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Construction Development Renovation 82