Housing Wire

JANUARY 26, 2024

A Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) requires a borrower to be at or over the age of 62 to qualify for a loan, making baby boomers most of the new qualifying candidates for a HECM. A new report from Construction Coverage sourced by its researchers and data from the U.S. with 41.8%

Marketing 368

Marketing Equity Construction Loans 368

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Still, even the single-family rental (SFR) market, including the BFR sector, faces an uncertain future in the year ahead, given the ongoing volatility in interest rates and inflation.

Marketing 544

Marketing Construction Development Investor 544

Housing Wire

JANUARY 22, 2024

Seniors largely want to remain in their own homes as they get older, and that preference could be remaking the housing market in the city of Chicago, according to a new report. The two organizations produce the quarterly Reverse Mortgage Market Index (RMMI) report. Boomers own 35.6% of the national U.S.

Marketing 306

Marketing Construction Equity Mortgages 306

Housing Wire

NOVEMBER 28, 2023

“The increases to FHA’s loan limits will enable homebuyers to use FHA’s low-down-payment financing to access homeownership at a time when a lack of affordability threatens to shut well-qualified borrowers out of the market.” Virgin Islands account for higher construction costs.

FHA loan 463

FHA loan Loans Finance Lending 463

Housing Wire

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Others allocated resources into digital marketing (31.1%), automation technology (26.7%) and market data (19.3%). in events to garner business. were from the Northeast 16.3%

Mortgages 365

Mortgages Marketing Banks New Construction 365

Housing Wire

JANUARY 23, 2024

Private equity giant Blackstone is set to acquire Tricon Residential in a deal valued at around $3.5 Tricon operates in high-growth markets such as Atlanta , Charlotte , Dallas , Tampa , and Phoenix as well as Toronto, Canada. billion, the company announced last week. per common share. Tricon is also actively involved in the U.S.

Residential 466

Residential Development Equity Land 466

Calculated Risk Real Estate

OCTOBER 20, 2023

“A combination of rising interest rates and tightening lending standards has caused a decrease in the availability of debt financing for the ninth consecutive quarter,” noted NMHC’s Vice President of Research, Caitlin Sugrue Walter.

Marketing 118

Marketing Equity Finance Lending 118

Housing Wire

MARCH 28, 2022

commercial spaces/building and residential homes/townhomes) and inconsistent transactional processes, fragmentation in the market has prevented real-estate from adopting technology as quickly as other sectors – until now. While each of these digital companies successfully addressed a problem in the market, other pain points still existed.

Marketing 361

Marketing Title Closing costs Technology 361

Housing Wire

APRIL 12, 2022

To help the lowest-income families, who increasingly can’t find affordable housing in today’s market, federal, state, and local governments devote considerable resources to subsidize the development of affordable housing with below market rents. Layering complexities lead to increasing costs.

Finance 393

Finance Development Construction Equity 393

Calculated Risk Real Estate

JANUARY 22, 2024

From the NMHC: Financing Conditions Show Signs of Improvement, Apartment Market Continues to Loosen with Decreasing Deal Flow Apartment market conditions continued to weaken in the National Multifamily Housing Council's (NMHC) Quarterly Survey of Apartment Market Conditions for January 2024.

Marketing 69

Marketing Equity Finance Construction 69

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. In terms of acceptance in the secondary market of these TRBLs, which is key to ensuring lender liquidity, the jury is still out.

Marketing 404

Marketing FHA loan Loans Mortgages 404

Housing Wire

AUGUST 3, 2023

Everywhere you look there seems to be bad news for the existing-home market — interest rates remain north of 7% and the median home price nears record levels at more than $410,000 as of June. below 4%) and today’s current market rates has created a so-called “lock-in effect.” We need to build above 1.1

Land 362

Land Construction Development Finance 362

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. One such measure is who is entering the market.

Investor 403

Investor Equity New Construction Mortgages 403

Housing Wire

DECEMBER 15, 2021

HousingWire recently spoke to Finance of America Mortgage President Bill Dallas about viable alternative options for homebuyers and the innovative products FAM offers to meet the unique financial needs of today’s modern borrowers. Bill Dallas: As construction and labor costs have climbed, so, too, have home prices.

Finance 329

Finance Loans Construction Equity 329

Housing Wire

NOVEMBER 27, 2023

Veev said at the time that the funding would be used to scale its operations, accelerate its research and development, and expand construction into new markets. Reali , another proptech company founded by Heller and Avrahami, shut down in 2022 after raising more than $290 million in debt and equity funding.

Bankruptcy 415

Bankruptcy Investor Inspection Staging 415

Housing Wire

JANUARY 31, 2023

First Internet Bancorp , parent company of First Internet Bank, announced that the exit will include its nationwide digital direct-to-consumer mortgage platform, which originates residential loans for sale in the secondary market. The home equity loans balance was $24.7 The residential mortgage loan balance for First Internet was $383.9

Banks 377

Banks Mortgages Lending Commercial 377

Housing Wire

JANUARY 19, 2024

The government sponsored enterprise is projecting that rates will drop below 6% by the end of 2024, which in turn will boost refi volumes and help thaw the existing home sales market. Following years of volatility in mortgage rates, the housing market will begin its gradual return to a more normal balance in 2024. million in Q4 2023.

Mortgages 540

Mortgages Fixed-rate mortgage Sales Equity 540

Housing Wire

NOVEMBER 21, 2022

This deficit greatly exacerbates the challenge of bringing equity to homeownership, particularly for low-to-moderate income (LMI) home buyers who are disproportionately people of color. This alignment, enabled by trusted data science and collaborative relationships, results in the elimination of market dislocations (e.g.,

Finance 333

Finance Design Equity Construction 333

Housing Wire

MAY 4, 2023

“I haven’t seen a dry spell like this in the time I’ve been in business,” Bob Yopko, president of First Equity Residential Mortgage , said of this year’s spring homebuying season. Slower housing market With mortgage rates remaining elevated, many sellers feel locked in by their current low mortgage rate.

Mortgages 350

Mortgages Loans Residential Equity 350

Housing Wire

OCTOBER 27, 2021

When the Federal Housing Finance Agency (FHFA) last month directed Fannie Mae and Freddie Mac to come up with equitable housing finance plans by the end of the calendar year, it asked for feedback. The FHFA, as both regulator and conservator of the government sponsored enterprises, shapes the conforming mortgage market.

Industrial 316

Industrial Finance Lending Equity 316

HomeLight

SEPTEMBER 25, 2023

Explore a bridge loan and let your home’s equity help fund your next house in the short term. In this post, we’ll unpack this financing option and how you can put it to work for you. In this post, we’ll unpack this financing option and how you can put it to work for you. in today’s market, they’ll probably say ‘No.’

Equity 79

Equity Loans Debt-to-income ratio Home sale contingency 79

Housing Wire

MARCH 19, 2021

The LENx investments will remain in place along with the core homebuilding business, which has strong fundamentals given the ferocity of the housing market, executives said. Total construction costs are down 0.7% Given the apartment business has ~$1 bln of invested equity today, this suggests at least $1.5 Homebuilding outlook.

Land 520

Land Development Equity Construction 520

Housing Wire

NOVEMBER 2, 2021

California-based Anchor Loans, founded in 1998, provides capital for professional residential real-estate investors through bridge and construction products. housing market during a shortage of housing supply and an insufficient stock of move-in ready homes. Last month, New Residential Investment Corp.,

Loans 252

Loans Finance Residential Investor 252

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.

New Construction 126

New Construction Construction Development Renovation 126

Housing Wire

JULY 20, 2023

We are still at least a million listings shy of being a balanced market, so this excuse is not going to subside anytime soon. Stop answering clients’ concerns by saying, “Yeah, there’s really nothing on the market, I mean everything in the MLS is already pending. They may have a downpayment saved that isn’t their home equity.

Equity 271

Equity MLS Construction Agents 271

Marco Santarelli

MAY 30, 2024

The US housing market continues to evolve , with a growing presence of institutional investors in the single-family rental space. Institutional investors tend to favor high-growth regions with a booming job market and strong rental demand. This can be particularly beneficial in areas prone to volatile market fluctuations.

Investor 98

Investor Marketing Pre-approval FHA loan 98

GeekEstate

OCTOBER 29, 2021

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This is the third update to the market map and includes over 100 additional companies — a testament to the pace of entrepreneurship in this segment.

Technology 135

Technology Marketing Purchase and sale agreement Equity 135

Housing Wire

DECEMBER 7, 2020

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. months, builders will halt the rate of growth for new construction plans as they did in 2018 and again for a brief period this year. months, the builders are ok with construction as long as new home sales grow.

Construction 542

Construction Mortgages Sales Finance 542

Housing Wire

APRIL 20, 2022

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project. It’s also assessing a variety of other products to service a market that is now heavily purchase-focused.

Loans 346

Loans Lending Construction Banks 346

Realty Biz

OCTOBER 21, 2023

First-time Spec house builders need to understand the nuances of financing to ensure successful projects. From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. Builders must carefully evaluate their budgetary constraints, projected timelines, and construction plans.

Loans 108

Loans Finance Construction Commercial 108

Housing Wire

APRIL 22, 2021

A year after issuing its first Single-Family Green Mortgage Backed Security on Earth Day 2020, Fannie Mae has now completed 25 transactions for the program, totaling $167 million in bonds backed by mortgages on newly constructed, energy-efficient homes. but are well-established in Europe. ENERGY STAR 3.0 Horton, Lennar Corp. and NVR Inc.

Fixed-rate mortgage 314

Fixed-rate mortgage Finance Investor Loans 314

Housing Wire

FEBRUARY 24, 2022

It is now in 44 markets, compared to 23 at the end of 2020. But like real estate brokerage Compass , another company significantly financed by the SoftBank Vision Fund , Opendoor has constructed an empirically money-losing business model with little sign of reversing course. Additionally, the company has $5.7

Title 424

Title Investor Finance Brokerage 424

Toronto Realty Blog

FEBRUARY 27, 2023

Thank you for taking us back to that place that we all thought we had left for good: pre-construction. about the pre-construction condo industry just as soon as this blog was launched back in 2007. Pre-construction “experts.” Blog reader Densha asked about pre-construction condo delays and it’s a good topic.

Construction 71

Construction Pre-approval Purchase and sale agreement Development 71

Realtor.com

JANUARY 2, 2023

While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. With that in mind, we’re here to set the record straight on some easily busted new-construction myths that just won’t quit. New construction homes are more expensive.

New Construction 105

New Construction Construction Pre-approval Inspection 105

Calculated Risk Real Estate

JULY 18, 2023

“Both debt and equity capital continue to pull back from the apartment market amidst an environment of rising interest rates and slowing rent growth,” noted NMHC’s Vice President of Research, Caitlin Sugrue Walter. No respondents reported an increase in the availability of equity financing.

Marketing 52

Marketing Equity Finance Construction 52

Keeping Current Matters

OCTOBER 13, 2021

The great news is that the money you need probably already exists in your current home in the form of equity. Home Equity Is Skyrocketing. The record-setting increases in home prices over the last two years dramatically improved homeowners’ equity. Waiting to leverage your equity will probably mean you’ll pay more to do so.

Renovation 273

Renovation Equity Mortgages Design 273

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. That’s particularly true for mom-and-pop investors across both market segments.

Investor 337

Investor Finance Loans Renovation 337