Housing Wire

MARCH 7, 2025

First-time homebuyers stimulate sales, you know. Kenosha has always been kind of the engine in terms of real estate sales in southeast Wisconsin, she said. So that really kind of hinders our actual total sales and total closings. But our sale prices keep climbing and climbing year over year. They keep the market healthy.

Marketing 395

Marketing New Construction Construction Development 395

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training.

Investor 448

Investor New Construction Construction Loans 448

Housing Wire

DECEMBER 20, 2024

I think there would be even stronger growth and more stability in the market if we had more houses for sale, he added. It is encouraging to see some uptick in apartment construction in some of our larger communities. There is a real risk we may see reduced growth in economic development in the state, which has many ramifications.

Construction 432

Construction Land Development New Construction 432

Housing Wire

NOVEMBER 29, 2023

New home sales The seasonally adjusted annual rate of new single-family home sales in October landed at 679,000, according to data published on Monday by the U.S. Census Bureau and the Department of Housing and Urban Development. The median sales price for new homes likewise fell 3% to $409,300 from September.

Construction 448

Construction Sales Finance Land 448

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 341

Purchase and sale agreement New Construction Construction Closing costs 341

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. It is the nation’s leading brokerage by sales volume.

Brokerage 370

Brokerage Development New Construction Agents 370

Housing Wire

NOVEMBER 25, 2020

Sales of new homes rose to an annualized rate of 999,000 in October – 0.3% higher than the same time last year, according to the Census Bureau and the Department of Housing and Urban Development. However, demand has construction playing catch-up , as the estimate of new houses for sale at the end of October was just 278,000.

Sales 531

Sales Construction Branding Development 531

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 24, 2024

Will the Federal Reserve pivot in time to save construction workers? This is key because, traditionally, residential construction workers are the first to lose their jobs before every recession since higher mortgage rates hit housing first. Census Bureau and the Department of Housing and Urban Development. percent (±14.6

Sales 488

Sales Construction Mortgages Staging 488

Housing Wire

MAY 23, 2024

New home sales missed estimates , showing that demand isn’t crashing but not growing much either. However, we need to keep an eye on the housing construction data in this report because it has huge implications for the economic cycle, our recession risk and mortgage rates. months at the current sales rate. Today, even with 9.1

Sales 496

Sales Marketing Construction Residential 496

Housing Wire

DECEMBER 22, 2023

New home sales missed sales estimates , but the builders’ stocks have been roaring higher. Also, new home sales are notorious for big positive and negative prints that tend to get revised. Census Bureau and the Department of Housing and Urban Development. months at the current sales rate. What gives?

Sales 529

Sales Mortgages Marketing Construction 529

Housing Wire

JANUARY 25, 2024

People say that housing leads the economy into a recession: this is true when new home sales and housing permits fall together. This is one reason I raised my fifth recession red flag for Housing on June 16, 2022 as I saw that higher mortgage rates would impact new home sales and housing permits. months at the current sales rate.

Sales 514

Sales Construction Mortgages Residential 514

Housing Wire

JANUARY 28, 2025

Dunmor CEO Franck Ruimy spoke with HousingWire ‘s Sarah Wolak on why he anticipates 2025 will be a strong sales year, and he highlighted the recent growth for the business-purpose lending (BPL) sector. So, it’s been an interesting time where I see now in 2025 that sales volumes are picking up for ground-up construction.

Residential 354

Residential Lending Finance Banks 354

Housing Wire

MARCH 23, 2021

After a near decade high in January, new home sales for single-family houses plummeted 18.2% Census Bureau and the Department of Housing and Urban Development. However, continued demand by homebuyers did manage to push new home sales 8.2% However, continued demand by homebuyers did manage to push new home sales 8.2%

Sales 532

Sales Construction Staging Development 532

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

MAY 16, 2024

As homebuyers continue to grapple with a lack of existing homes for sale, the market for new homes continues to see strong demand, and some areas of the country — including Sun Belt states — are producing new homes at a relatively rapid rate. In March the average home sale price in the U.S. 2 (1,574 sales), with San Antonio at No.

Sales 468

Sales New Construction Construction Finance 468

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. This marks the second consecutive month of increases and the strongest sales pace since March 2022. On a year-over-year basis, however, new home sales are still down 19.4%.

Sales 459

Sales New Construction Construction Mortgages 459

Housing Wire

SEPTEMBER 26, 2023

New home sales missed estimates today but had three months of positive revisions, which continues the story of the builders managing the higher mortgage rate environment. But they still only have 76,000 completed units for sale today. As shown in the chart below, this sector has never provided many unoccupied new units for sale.

Sales 524

Sales Construction Mortgages As-is 524

Housing Wire

JUNE 23, 2021

Sales of newly built , single-family homes fell to the lowest pace in a year, down 5.9% in May to a 769,000 seasonally adjusted annual rate, according to data released Wednesday by the Department of Housing and Urban Development and the U.S. Regionally, new home sales rose in two of the four regions in May. Census Bureau.

Sales 476

Sales Construction New Construction Staging 476

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 ). The uptick in new-home sales underscores the persistent strength of demand in the housing market despite the challenges posed by winter weather.

Sales 459

Sales New Construction Construction Development 459

Housing Wire

JULY 26, 2022

Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. However, for the new home sales sector, it would put their business model at risk.

Sales 514

Sales Construction Mortgages Title 514

Housing Wire

DECEMBER 23, 2020

But, we hadn’t seen that moderation in any meaningful way until today’s new home sales data. The new home sales marketplace has been showing abnormally fast growth for the last several months. This parabolic spike in recent new home sales from the lows in April to July’s highest levels has never happened in the data line.

Sales 531

Sales Construction Development Design 531

Housing Wire

MAY 23, 2023

In a country with more than 330 million people, there are only 70,000 new homes available for sale today in the U.S. And with total active house listings in America near all-time lows, that is all we have for completed units for sale. Census Bureau and the Department of Housing and Urban Development. housing market.

Sales 525

Sales Construction Mortgages As-is 525

Housing Wire

SEPTEMBER 26, 2023

After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In August, the sales pace of new homes fell 8.7% On a year-over-year basis, new home sales were up 5.8%.

As-is 511

As-is Sales New Construction MLS 511

Housing Wire

OCTOBER 26, 2022

September new home sales beat expectations, but don’t get too excited. While monthly supply rose in this report, the previous reports were all revised lower and sale levels are still historically low. New home sales are now below the recession levels of 2000 and have fallen all the way to 1996 levels, when interest rates were near 8%.

Sales 488

Sales Construction Mortgages As-is 488

Housing Wire

NOVEMBER 27, 2023

In a country of more than 335 million people, with 157 million of those people working, we still only have 76,000 new homes available for sale as we head into December. Even in the worst housing bubble crash of our lifetime in 2008, the number of new homes for sale was under 200,000. months at the current sales rate.

Sales 482

Sales Construction Mortgages As-is 482

Housing Wire

APRIL 25, 2023

New home sales posted yet another increase in March, rising 9.6% Census Bureau and the Department of Housing and Urban Development ( HUD ). This is the fourth straight month of new home sales increases. On a year-over -year basis, however, new home sales are still down 3.4%. months of supply at the current sales pace.

Sales 435

Sales Construction New Construction Principal 435

Housing Wire

MAY 20, 2024

The proportion of newly built homes for sale in the U.S. of single-family homes for sale in the first quarter, virtually unchanged from a year earlier and down slightly from a peak of 34.5% home construction at the onset of the pandemic. Department of Housing and Urban Development (HUD). two years ago.

Sales 468

Sales New Construction Construction Mortgages 468

Housing Wire

JUNE 17, 2021

the second consecutive month sales of new homes have dropped, according to data released Thursday by the Mortgage Bankers Association. On a seasonally adjusted basis, the MBA also estimates new home sales fell at an annualized pace of 4% in May, said Joel Kan, MBA’s associate vice president of economic and industry forecasting.

Sales 511

Sales VA loan FHA loan Loans 511

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 ). decrease from the revised January rate of 664,000 sales, it also marks a 5.9%

Sales 485

Sales New Construction Construction MLS 485

Housing Wire

JANUARY 30, 2025

In this week’s episode of the Power House podcast, host and HousingWire President Diego Sanchez chats with Tom Davis , chief sales officer at Deephaven Mortgage. For example, 30% of purchase transactions were new construction last year. New construction has been 33% of all purchase transactions, right?

New Construction 297

New Construction Construction Marketing Equity 297

Housing Wire

APRIL 25, 2023

Don’t they know the new home sales apocalypse is here? According to this theory, we have more homes under construction than any time in history. And here is a case in point: New home sales came in Tuesday at a big beat of estimates, but the real story is one about supply and demand. months at the current sales rate.

Sales 501

Sales Construction Mortgages As-is 501

Housing Wire

OCTOBER 25, 2023

New home sales figures exceeded projections in September despite mortgage rates at 23-year high, declining mortgage applications and waning builder confidence. In September, the sales pace of new homes picked up considerably, up 12.3% Census Bureau and the Department of Housing and Urban Development ( HUD ). It is down 5.4%

Sales 448

Sales New Construction Construction Finance 448

Housing Wire

MAY 13, 2021

“Adjusting to seasonal effects, MBA estimates that new home sales in April rebounded from a two-month slump, increasing 8 percent to an annualized pace of 770,000 units,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.

Sales 488

Sales FHA loan Loans Construction 488

Housing Wire

NOVEMBER 24, 2021

Today the Census Bureau new home sales report came in as a miss of estimates at 745,000. In contrast to the existing home sales market, which I would say is outperforming currently with the recent growth in sales, the new home sales market is just OK and has been for some time. months at the current sales rate.

Sales 511

Sales Construction Mortgages As-is 511

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. Simonsen: Do you have a take on your forecast for total home sales volume for 2025? Divounguy: We revised the sales number down slightly.

New Construction 366

New Construction Mortgages Construction Sales 366

Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. Census Bureau and the Department of Housing and Urban Development. months at the current sales rate.

Sales 488

Sales Construction New Construction Mortgages 488