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Lunch & Learn about Low Housing Supply, Lumber and Homebuilding

Housing Wire

The discussion, which will feature speakers from the National Association of Home Builders, Land Gorilla and On Q Financial, will also focus on how a lack of supply is impacting housing affordability. Sean Faries CEO, Land Gorilla. Douglas Norman VP, Construction and Renovation Operations, On Q Financial. Get More Info.

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VA makes major change to America’s most underutilized mortgage program

Housing Wire

The program provides direct loans to Native American veterans and veterans who are married to Native American non-veterans to help with the purchase, construction or renovation of a home on trust land. Native Americans often face difficulty when accessing credit on tribal lands.

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Job gains slow in June, but are probably still too hot to sway the Fed

Housing Wire

Manufacturing activity remains quite weak, while consumer spending has held up somewhat better, and new home construction and sales have picked up. Employment in the construction industry has increased by an average of 15,000 per month thus far this year, compared with an average of 22,000 per month in 2022.

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2020 HW Tech Trendsetter: Sean Faries

Housing Wire

Sean Faries, CEO, Land Gorilla. Land Gorilla founder and CEO Sean Faries is relentless in his pursuit of technology innovations that drive efficiency while simultaneously reducing risk in construction and renovation lending. Faries believes technology should enhance digital experiences for all project stakeholders.

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

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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With low inventory, house hunters are in full safari mode

Housing Wire

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?

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Buy an Existing Home or New Construction: 5 Things to Know

Louisville Homes

You have a couple of options, namely, buy an existing home or new construction. The other option is to go the new construction route. To build a custom home , you will need to own a piece of land first. You need to identify a suitable piece of land that is up for sale and buy it. Level of Customization. Energy Efficiency.