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.

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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. His research focuses on housing production and land usage at the local level. Higher construction costs create a shortage of listings and vice versa.

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Housing Wire

FEBRUARY 13, 2025

It also launched a new construction financing product for builders. The company reportedly originated $6.5 billion in loan volume last year, up 46% from 2023. Kiavi also said it boosted its active customer base to more than 5,500, up 30% from 2023. Kiavi has funded more than $23 billion in loans since its inception.

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Housing Wire

MAY 9, 2025

But the leader of Washingtons minority party was also a supporter, saying that too many land-use restrictions infringed on the rights of owners to develop their property as they see fit. Were seeing more inventory, especially on the new construction side of things. Earlier this week, Gov.

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Housing Wire

JUNE 16, 2025

To support housing development, the rule exempts certain pre-sales of new construction, provided contracts are signed before substantial completion and the seller offers at least a one-year express warranty. The state also finalized the sale of 450 acres of surplus land to support development of up to 3,500 new homes.

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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.

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Housing Wire

MARCH 4, 2024

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. They also boast advantageous relationships with land sellers and can command lower costs of debt. Their size and scale allow them to be more efficient in their spending.

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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.

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BAM Media

MAY 20, 2025

Byron Lazine broke down Zelmans insights in todays Hot Sheet : Read on for a quick overview of Zelmans thoughts on home builder sentiment, new construction versus existing homes, and a NAR-backed bill that could incentivize small landlords to sell. Zelman wasnt surprised. Builders are not in a position to raise prices. year-over-year.

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Housing Wire

APRIL 30, 2021

More than a quarter of single-family homes for sale during the first quarter were new-construction homes — nearly 26%, and March housing starts jumped nearly 20% month over month to the highest level since 2006, per the latest report from Redfin. A healthy housing market is considered roughly six months of supply.

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Housing Wire

SEPTEMBER 1, 2023

It replaces them with rules that permit rapid development and construction of new housing units, a move to address ballooning costs. A working group and other government officials are carrying out an assessment to identify available government and private land where new homes could be built to house Lahaina fire survivors.

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Keeping Current Matters

AUGUST 5, 2021

In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction , which reported: “ 60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an existing home. ”.

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Housing Wire

AUGUST 3, 2023

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” We believe this lack of existing homes on the market is pushing prospective buyers toward new homes, bolstering sales and construction,” he added.

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HomeLight

MARCH 24, 2025

Even if you dont want to live off-grid and your goal is to build a house on a plot of land youve inherited, you probably wondered: how much to build a house on my land? It depends on what part of the country your land is in and the condition of the property. First thing: Talk to an expert!

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Housing Wire

NOVEMBER 23, 2022

They will build as long as new home sales are growing. The builders will pull back on construction when the supply is 6.5 months of supply, so we have had a historical gap between new and existing monthly supply for some time now. For the builders, 61,000 new homes are completed for sale, amounting to 1.2

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Housing Wire

DECEMBER 17, 2020

As a result of the pandemic, there has been a heightened demand for larger homes, which Kan said has driven more construction, home sales and mortgage originations.

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Housing Wire

FEBRUARY 23, 2024

The analysis is limited to resale properties and does not include new construction, which means that build-to-rent activity is excluded. Choctaw American Insurance was the only lease-to-own company to land on the list. New Western , meanwhile, also stood out as a marketplace for real estate investors.

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Housing Wire

DECEMBER 6, 2024

Client Type Former client (buyer) Former client (seller) Referral Online lead Acquaintance Colleague or former colleague Property Interests Luxury buyer or seller Vacation property Land Investor Investor Commercial Single-family homebuyers Condo buyers Price Range Purchase budget Selling price Client Journey First-time homebuyer Downsizing Growing (..)

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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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Housing Wire

FEBRUARY 8, 2022

Supply-side” solutions that focus on new construction and the preservation of the existing housing stock are equally important. On top of these efforts, there must be a national commitment to reform our land use and zoning practices that too often act as barriers to the development of affordable housing.

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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? Have you weighed all the pros and cons of buying new? Pros of new construction.

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Housing Wire

OCTOBER 5, 2023

This could make raising capital for new construction projects harder, and more expensive, everywhere. Given the deeply interconnected nature of global economies, a crisis anywhere is never “good news,” and given the size of China’s economy, current events have the potential to send shock waves abroad.

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Housing Wire

AUGUST 29, 2024

Cities are becoming denser, causing a shift towards vertical living in response to the limited availability of land and the need to accommodate more people in a finite space. One notable approach is adaptive reuse, which involves repurposing existing buildings for new uses.

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Housing Wire

MAY 2, 2024

But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. Potempa mainly focuses on the government lending space, which represents 60% of his total volume, he said. Potempa had a joint venture with OneTrust from March 2022 to March 2024.

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Windemere Buying

MARCH 29, 2023

A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family homes, townhouses, condominiums , etc. What is a new construction home?

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Marco Santarelli

OCTOBER 19, 2024

In September 2024, single-family home construction surged, indicating a renewed interest among homeowners and builders alike, particularly in the Northeast. Single-Family Homes Construction Surges in September 2024 Key Takeaways Surge in Construction : Single-family home starts increased by 2.7% nationally in September.

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Housing Wire

APRIL 21, 2022

Besides questions of how to handle local zoning officials, building code bylaws, building trade unions, the cost of land, there is curiosity about who is steering the 3-D home printing ship. This means that the doors, windows, electrical all are done by contractors after the walls have been constructed.”. The present is different.

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Propmodo

JUNE 20, 2024

All these factors are leading to innovations in data center design and construction. On the construction side, supply chain issues are still causing long equipment lead times. The lack of available land, permitting challenges, and pushback from communities to new developments are also hampering the construction of new facilities.

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Louisville Homes

DECEMBER 21, 2021

On a regular basis, acquiring good quality construction materials, visiting the construction site, and negotiating with the labor force, laborers, and painters is a physically challenging activity. In this piece, we’ll look at new construction pros and cons. Customization Is Amazing. Disadvantages . Limited Options.

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Housing Wire

JULY 10, 2023

New construction starts and completions were both strong in May, which is welcome news. The challenge for the Fed now is to chart a path forward toward a ‘soft landing’ without reheating the housing market and reigniting inflation,” Walden noted. For-sale listings deteriorated in 95% of major U.S. markets in 2023.

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Housing Wire

MAY 10, 2023

It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey. In much of suburban New Jersey, where new construction is rarer than cheap Bruce Springsteen tickets, the pandemic-era conditions never left. You land the client and get a commission, or you don’t and you get bupkis. “I

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McKissock

MAY 6, 2022

New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Those requirements can make it hard to find other new construction comparables.

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HomeLight

OCTOBER 26, 2022

According to Florida’s Office of Economic and Demographic Research, the state gained approximately 329,000 new residents between April 2020 and April 2021. New construction is growing just as fast to accommodate the influx — in 2021, 213,494 new housing units were authorized in Florida and nearly 70% were single family homes.

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Toronto Realty Blog

APRIL 28, 2025

In any event, I’ve heard a lot about this notion of eliminating HST on new construction, and while it’s ironic that I’ve been championing this for many years and now am going to question the effectiveness of it, I think it’s a conversation that needs to be had.

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Housing Wire

OCTOBER 26, 2022

Continuing to add for sale inventory from the new construction industry “is going to be vital to helping stabilize prices and affordability in the long run,” added Zillow senior economist Nicole Bachaud. ” The slump caused by a historic spike in mortgage rates has forced homebuilders to cancel land deals. .

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Realty Biz

NOVEMBER 8, 2022

New construction homes are becoming increasingly popular. They offer many advantages, such as the ability to customize your home to your specific needs and wants, and the peace of mind that comes with knowing your home is brand new. It’s important to do your research before picking the new construction home you want to be in.

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Realtor.com

JUNE 24, 2021

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We were visiting some friends who had just moved into a new build in a part of South Austin that’s underdeveloped right now.

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