Housing Wire

MAY 21, 2025

Founded in 2022 as a spinoff from Airbnb , Samara has broader goals to revolutionize housing construction with a streamlined, cost-efficient model one that founder and CEO Mike McNamara believes could be a meaningful piece of a much larger national puzzle. Its ADUs are constructed entirely off-site in a factory environment.

Construction 336

Construction Finance Development Industrial 336

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. If that isnt spectacular enough, Deephaven offers interest-only options for maximum property cash flow alongside cash-out solutions to consolidate debt and unlock equity. Why is that important?

Loans 288

Loans Mortgages Equity Construction 288

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 White House estimates that this “will raise an additional $3.79

Construction 534

Construction Closing costs Renovation Title 534

Housing Wire

JANUARY 17, 2025

The company has notified customers that it will no longer accept new applications for home loans but will “continue to service all existing mortgage clients, including those with home equity lines of credit and homes already under construction.”

Lending 384

Lending Banks Mortgages Commercial 384

Housing Wire

MARCH 26, 2024

As the person relaxes on the couch watching television at night, they occasionally check the current value of their home and do a rough calculation of the amount of equity that they have accrued. Stated differently, you are dealing with individuals that may be in an equity prison. It comforts them for a brief moment.

Equity 432

Equity Loans Bankruptcy As-is 432

Housing Wire

JANUARY 30, 2025

home equity based on different estimates its easy to see the potential impact that such a large cohort has on a variety of different businesses, including home inspections. But one impact that Cook has observed in his own business at least anecdotally is an apparent mistrust that older buyers have for new construction.

Inspection 254

Inspection Mortgages New Construction Equity 254

Housing Wire

APRIL 1, 2024

“What if homeowners could tap into home equity without taking on debt?” Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments.

Equity 440

Equity Finance Purchase and sale agreement Investor 440

Housing Wire

MARCH 17, 2021

Lovell Minnick Partners , a private equity firm that acquired ATTOM Data Solutions in 2019, announced Wednesday morning that it’s diving further in to the housing space with the acquisition of UniversalCIS. ” The post Private equity shop Lovell Minnick acquires UniversalCIS appeared first on HousingWire.

Equity 384

Equity Technology Lending Title 384

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 237

Lending Equity Banks Construction 237

Housing Wire

JULY 29, 2024

Senate and House of Representatives have reintroduced a bill designed to address housing issues by rehabilitating or constructing millions of additional units in an effort to bring down costs for renters and homeowners. A coalition of Democratic lawmakers in the U.S.

Land 445

Land Construction Equity Banks 445

Housing Wire

FEBRUARY 28, 2024

Like many localities across the country, Marin County leaders describe a housing crisis in their area that they hope to alleviate through the construction of more ADUs. It is a notoriously expensive housing market and maintains an estimated population of more than 260,000 people, according to data from the 2020 U.S.

Construction 430

Construction Equity Mortgages Finance 430

Housing Wire

DECEMBER 18, 2024

The site, which was constructed throughout nearly all of 2024, launched post-live quality assurance (QA) and has been up for about a day, Burgard confirmed in an interview with HousingWire. Citi led creative testing throughout the year-long site design and build, and will conduct testing throughout 2025. .”

Marketing 391

Marketing Lending Branding Banks 391

Housing Wire

JANUARY 28, 2025

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. We still see a more modest advance for new single-family home construction.

Residential 341

Residential Lending Finance Banks 341

Housing Wire

FEBRUARY 27, 2025

Hepp also sees construction costs and reinsurance costs as major contributors to the insurance affordability issue. Cumilative inflation is up about 20% to 30% since the onset of the pandemic, while construction costs have actually gone up 44% since then, and that is for both material costs as well as labor, Hepp said.

Equity 219

Equity Construction Principal Mortgages 219

Housing Wire

OCTOBER 23, 2024

Mortgage data and workflow solutions provider FirstClose is launching a new feature for its automated home equity point-of-sale system. Borrowers can determine down payment amounts, monthly payment limits, and interest rates for home equity lines of credit ( HELOCs ) or home equity loans with a five- to 10-day closing process.

Equity 409

Equity Loan Officer Lending Loans 409

Housing Wire

MAY 16, 2025

The analysis is based on Redfins national data, including home sales closed by Redfin agents, partner-agent referrals, and transactions involving Redfin-owned Bay Equity Home Loans. Kastner said many of the lower commissions shes observed are tied to new-construction homes located outside Seattles core. In Portland, Ore.,

Agents 279

Agents New Construction Equity Construction 279

Housing Wire

MAY 7, 2025

Roughly 73% of respondents said they used personal savings to cover renovation costs, significantly outpacing those who relied on credit cards (17%) and home equity loans (15%). Living through construction was the top stressor (55%), followed by project delays (35%) and the pressure of making design choices (29%).

Renovation 248

Renovation Technology Equity Design 248

Housing Wire

MAY 12, 2025

HELOC and home equity loan originations jumped 6% and 8% , respectively, in Q3 2024. Homeowners are increasingly turning to HELOCs as a means to access home equity without refinancing their low-rate mortgages. When demand shifts and you want to roll out a new product like HELOCs, construction or agricultural loans, what happens?

Mortgages 205

Mortgages Equity Loans Lending 205

Housing Wire

AUGUST 13, 2024

Construction of accessory dwelling units (ADUs) is taking off, but is it bringing down housing costs? A new report from John Burns Real Estate Consulting casts doubt on it, citing uneven geographic distribution of deregulations and the high cost of construction. As a result, the most impactful ADUs are in new construction.

Construction 409

Construction New Construction Equity Residential 409

Housing Wire

MARCH 8, 2023

They are being priced out of building equity. While the measure would not ban single-family construction in the state, if enacted, it could result in more neighborhoods not being exclusively comprised of single-family homes. “They are being priced out of putting down roots. They are being priced out of starting a family.”

Construction 109

Construction Equity 109

Housing Wire

MAY 8, 2025

They evaluate property appreciation potential against alternative investment opportunities and construct mortgage scenarios that accommodate clients’ broader wealth-building strategies. The modern LO routinely analyzes debt-to-income ratios in the context of retirement savings goals.

Loan Officer 318

Loan Officer Debt-to-income ratio Loans Technology 318

Housing Wire

JANUARY 10, 2022

And if three hikes in the federal funds target come to pass, initial rates on ARMs, HELOCs and construction loans (often linked to the bank prime) will likely increase from one-half to three-quarters of a percentage point. for 30-year fixed-rate loans. 2022 should be a strong year for housing.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

Housing Wire

AUGUST 31, 2023

In the mortgage lending business, Mars Bank offers 30-year fixed conventional, FHA loans, a medical professionals mortgage program, construction loans, home equity loans and Home Equity Line of Credits ( HELOCs ), according to its website. Mars Bank held $520.8 million in assets as of June 30, 2023. NexTier Bank produced $50.6

Banks 396

Banks FHA loan Lending Equity 396

Housing Wire

OCTOBER 14, 2021

These drastic increases in price, mean that longtime homeowners have seen massive equity gains, giving them more cash to use toward a potential new home, giving them an advantage in a bidding war against younger buyers who may be trying to purchase their first home. “And

Equity 539

Equity Construction Marketing As-is 539

Housing Wire

APRIL 7, 2025

While falling condo prices can erode equity levels among existing condo owners, they also afford modest relief to those looking to prospective home buyers. Walden continued, Early March data shows condo prices dropping for the first time in more than a decade, with the largest impacts in the Sunbelt, most notably in Florida.

FHA loan 245

FHA loan Mortgages New Construction Loans 245

Housing Wire

JULY 10, 2024

After enlisting a local architect who understood the needs of aging, a new ADU of 650 square feet was constructed after four years at a cost of roughly $400,000. In Los Angeles County, stormwater regulations that cause construction delays have been lifted for those seeking to immediately commence small-scale residential construction projects.

Mortgages 450

Mortgages Construction Renovation Loans 450

Housing Wire

JUNE 6, 2024

A private planning firm in California is launching a new tool to help local governments there prepare for a pending law designed to spur more construction of accessory dwelling units (ADUs). Digital tools like the ADU Plans Gallery reduce the time and cost of building ADUs and accelerate housing construction.”

Construction 447

Construction Principal Design Equity 447

Housing Wire

JANUARY 23, 2024

Private equity giant Blackstone is set to acquire Tricon Residential in a deal valued at around $3.5 The company has various land development projects in the pipeline, capable of supporting the construction of nearly 21,000 single-family homes. billion, the company announced last week. per common share.

Residential 485

Residential Development Land Equity 485

Housing Wire

DECEMBER 29, 2021

Housing permits are growing and this is a good thing for the economy and construction jobs. While I have never been a housing construction boom guy because mature economies typically don’t have a construction boom, the fact that permits are keeping their uptrend is a big positive for the United States of America.

Marketing 533

Marketing Equity Construction Bankruptcy 533

Housing Wire

JUNE 2, 2022

In 2021, the record increase in home prices helped homeowners build equity to roughly $2.1 trillion, the most significant annual increase in equity. Data shows homebuyers since 1954 built equity for decades ; those who did not build equity purchased between 2003 and 2007. That is not true. households are underwater.

Equity 441

Equity Construction Mortgages Industrial 441

Housing Wire

FEBRUARY 21, 2024

Pretium’s new fund came on the heels of private equity giant Blackstone’s decision in January to acquire Tricon Residential in a deal valued at around $3.5 Similarly, construction has slowed but remains elevated. Tricon owns more than 37,000 homes and is building about 2,500 more.

Investor 473

Investor Construction Commercial Sales 473

Housing Wire

SEPTEMBER 26, 2024

Rising construction costs : Supply chain issues and labor shortages have escalated building costs. Borrowers can pay more during high-income months to reduce interest and build equity faster. Housing shortages : Limited supply, particularly in desirable areas, drives fierce competition and higher prices.

Mortgages 466

Mortgages Equity Investor Loans 466

Housing Wire

DECEMBER 2, 2020

Plus, construction starts are projected to increase 9% over 2020. However, even if new construction jumps at a 9% clip, it’s not enough to sap the continual rise in home prices. With less cash and no home equity, millennial and Gen Z first-time buyers will be impacted the most by rising home prices and interest rates,” Hale said.

Marketing 525

Marketing Construction New Construction Equity 525

Housing Wire

MARCH 19, 2021

Lennar’s focus on its strategic investments and homebuilding comes amid historic inventory lows , construction worker shortages, near-record low mortgage rates and incredible demand. Total construction costs are down 0.7% Given the apartment business has ~$1 bln of invested equity today, this suggests at least $1.5

Land 527

Land Development Equity Construction 527

Housing Wire

JANUARY 9, 2024

Here are a few trends in financing that will continue to catalyze the construction of more ADUs: Expanded access to mortgage financing The Federal Housing Authority announced a new policy in October 2023 that has made it easier to finance construction of new ADUs, as well as making it more achievable to buy or refinance a house with an existing ADU.

Finance 485

Finance Construction Loans Renovation 485

Housing Wire

SEPTEMBER 26, 2024

Miller is overseeing construction of a new home with wood floors that contain no thresholds, which might cause a tripping hazard in later life. Home equity can play a role in financing home modifications or paying for in-home care. In 2022, median home equity for 65 and older homeowners was $250,000, according to the Harvard study.

Equity 431

Equity Technology Finance Construction 431

Housing Wire

NOVEMBER 2, 2023

According to its website, Trustar Bank offers 7/1 and 10/1 adjustable rate mortgages ( ARMs ), consumer construction loans and home equity line of credits. It has 18 mortgage loan officers , per the National Multistate Licensing System (NMLS).

Banks 421

Banks Mortgages Loan Officer Loans 421