Housing Wire

MAY 19, 2025

They find aesthetically challenged homes in coveted LA neighborhoods, crunch the numbers, hire interior designers to renovate them so they look good on Instagram and then list and sell them for a tidy profit. To succeed in renovating luxury homes, you need to understand what buyers want. Sounds too good to be true, right?

Closing 393

Closing Renovation Hard money loan Design 393

Housing Wire

DECEMBER 20, 2024

New Hampshire s hot housing market has spiraled the Granite State into crisis mode. 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.

Construction 434

Construction Land Development New Construction 434

Housing Wire

JUNE 3, 2022

After a month of very little change in April , the construction sector had a solid month of job growth in May, according to the U.S. Construction gained 36,000 jobs in May, with residential building adding 5,000 jobs and residential specialty trade contractors gain 11,700 jobs. The post Residential construction jobs now 7.6%

Residential 482

Residential Construction Renovation Banks 482

Housing Wire

APRIL 4, 2025

Citing concerns about renovation needs, associated costs and even ugliness, the U.S. Weaver Federal Building has been home to HUD since the General Services Administration (GSA) completed its construction in 1968, using brutalist architecture. according to a recent report from Bloomberg. The Robert C.

Renovation 364

Renovation Land Construction Development 364

Housing Wire

OCTOBER 24, 2024

Helping the seller understand the true market value of the home given the condition can also be a challenge. After-repair value is the estimated market value of a property in fully repaired condition. These scenarios are not like vanilla deals,” Sandoval said. They are the most jigsaw-puzzle-coming-to-life kind of deals.”

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. It reflects another pressing issue of imbalanced supply and demand in the housing market.

Loans 343

Loans Mortgages Equity Construction 343

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.

Construction 535

Construction Closing costs Renovation Title 535

Housing Wire

JUNE 10, 2025

Legacy, one of the few private lenders focused on Residential Transition Loans (RTL) for both business-purpose real estate investors and consumers, is offering flexible financing for homebuyers and homeowners to help them move quickly in the housing market. The Bellevue, Wash.-based

Finance 305

Finance Lending Renovation Residential 305

Housing Wire

NOVEMBER 13, 2024

The goal is to help them avoid homelessness by funding affordable housing construction, home repairs and adaptations as well as giving out financial assistance. Home Depot’s recent earnings report could give context to its moves in the housing market.

Technology 370

Technology Renovation Construction Development 370

Housing Wire

JUNE 5, 2025

A recent report from The Wall Street Journal found that the market of dedicated senior housing could rapidly move from a place of oversupply to a shortage, especially since development on dedicated senior housing units and facilities ground to a halt during the COVID-19 pandemic without significantly ramping up since then.

Renovation 345

Renovation Construction Technology Industrial 345

Keeping Current Matters

OCTOBER 13, 2021

If you’re a homeowner who wants to add any of the above, you have two options: renovate your current house or buy a home that already has the spaces you desire. The difference in the cost of a renovation versus a purchase. If you decide to renovate, you’ll need to refinance (or take out an equity loan) to access the equity.

Renovation 330

Renovation Equity Mortgages Design 330

Housing Wire

JUNE 24, 2024

The Seattle area is a hot housing market. But a nonprofit organization in the Seattle area is seeking to help more seniors renovate their homes to age safely. Overall Seattle-area construction costs have stabilized in the last year, but remain 40% higher than pre-pandemic,” the Times noted. year over year.

Renovation 396

Renovation Construction As-is Mortgages 396

Housing Wire

DECEMBER 2, 2020

Construction is starting to pick up, so that should help alleviate things in the housing market. Four renovations to consider before selling your house. Worries about finding a replacement home in a hot housing market. Should homeowners get off the sidelines of this housing market? But existing homes?

Marketing 488

Marketing Renovation Construction Mortgages 488

Housing Wire

NOVEMBER 25, 2020

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. Currently I’m in some of the Southern markets like Alabama, Mississippi, Texas, Indianapolis, Ohio. See sidebar for more details on these markets.

Investor 545

Investor Marketing Renovation New Construction 545

Housing Wire

AUGUST 17, 2020

Additionally, remodel volume – a subset of maintenance that includes renovations, additions, and alterations – increased 2.59% while spend decreased 1.59% year over year. Last month, Buildfax estimated if single-family authorizations and existing housing activity continue to gain, new construction could stabilize in the Fall.

New Construction 516

New Construction Construction Renovation Residential 516

Housing Wire

JULY 19, 2024

In a competitive market full of options, banks must rely on more than their rate sheet to compete for the business of third-party originators. We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.”

Lending 466

Lending New Construction Renovation Banks 466

Housing Wire

MAY 21, 2024

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. It’s very, very market dependent right now. I’m still focusing on those markets with very low (retail) inventory.

Marketing 476

Marketing Investor Renovation Land 476

Housing Wire

JANUARY 14, 2025

While ground-up construction of new units by national homebuilders is part of the solution, these builders generally dont address the aging current housing stock, or the need to create additional density and living space in infill areas where each property may have different attributes. million homes and growing.

Marketing 397

Marketing Investor Renovation Industrial 397

Housing Wire

MARCH 26, 2024

Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market. We didn’t call it a bear market, but we did call it a lack of liquidity, which I think is more accurate,” said L.D. In 2023, the landscape for home flipping across the U.S.

Investor 482

Investor Marketing Construction Loans 482

Housing Wire

AUGUST 4, 2023

Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space. Furthermore, residential building construction employment was flat year-over-year in July, while non-residential was up by 5.9%, according to First American Economist Ksenia Potapov.

Marketing 369

Marketing Residential Construction Commercial 369

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 501

Finance Construction Renovation Loans 501

Housing Wire

APRIL 20, 2021

After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

Renovation 468

Renovation Loans Construction Finance 468

Housing Wire

JULY 16, 2024

Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. While the odds are stacked against this proposal ever passing Congress, a federal rent control law would be catastrophic to renters and our nation’s rental housing market.” Also on Tuesday, the U.S.

New Construction 488

New Construction Construction Land Development 488

Inman

APRIL 25, 2025

Technology columnist Craig Rowe reviews pre-sale renovation solution HouseAmp on behalf of Inman. The software sharply consolidates the tasks and delivers the transparency required to ensure a smooth, timely and valuable home construction project.

Renovation 141

Renovation Sales Construction Technology 141

Housing Wire

MAY 12, 2021

And for those who still want to build a home from scratch, rising construction costs , limited lot sizes, and excessive red tape can make the process seem insurmountable. Considering how much construction technology, materials, and techniques have evolved, building a new home should be far simpler than it is. Harder than it has to be.

Construction 482

Construction Technology Inspection Industrial 482

Housing Wire

NOVEMBER 23, 2021

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.

Renovation 476

Renovation Construction Development Finance 476

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends.

Marketing 435

Marketing Agents Renovation Closing 435

Housing Wire

FEBRUARY 12, 2024

residential mortgage market and housing-related assets. It also has a niche in construction and manufactured home loan programs. Proprietary Capital expects to add products and gain market share across all channels after the ARF acquisition, the company said in a statement.

Lending 457

Lending New Construction Construction Finance 457

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. We have not been exempted from these market and capacity issues and we now have an operational backlog for renovations and closings. construction workers.

Renovation 397

Renovation Construction Brokerage Agents 397

Housing Wire

DECEMBER 30, 2022

Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market.

Loans 435

Loans Renovation Construction Mortgages 435

Housing Wire

MAY 24, 2024

In his new role, Thompson will also be responsible for driving growth and expanding the company’s market presence while fostering relationships with real estate partners. The lender also provides rate-and-term and cash-out refinancing, along with construction and renovation loans.

Mortgages 448

Mortgages Loan Officer Renovation Loans 448

Housing Wire

JUNE 8, 2021

Low rates and increased demand mean prices are soaring on what stock is available – and what’s available isn’t staying on the market for long. The average home age in the United States is about 40 years old, so there’s a huge stock of homes that need to be renovated.”.

Loans 360

Loans Lending Renovation New Construction 360

Housing Wire

MARCH 4, 2022

jobs report released Friday shows that 678,000 non-farm payroll jobs were added in February, and the return of skilled labor in residential construction is reason alone for optimism. After losing 5,000 jobs in January, the construction sector rebounded gaining 60,000 jobs in February. After mixed results in January , the U.S.

Residential 370

Residential Construction Renovation Industrial 370

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 397

Marketing Title Technology Closing costs 397

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

Renovation 435

Renovation Equity Mortgages Development 435

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “There is too much distraction in the market; there are some negative folks out there.

Mortgages 493

Mortgages VA loan Finance Renovation 493

Housing Wire

MARCH 7, 2024

Planet is pioneering the future of mortgage lending with novel products like Cash 4 Homes, 1st Year Flex, Purchase EDGE, one-time close construction loans, and bridge, renovation and manufactured home loans,” Long said. Its strategy has focused on acquisitions in both correspondent and retail channels.

Lending 459

Lending Renovation Loans Mortgages 459