Housing Wire

DECEMBER 21, 2023

“A rise in homebuilder confidence , followed by new home construction reaching its highest level since May, signals a response to meet heightened demand as current inventory remains low.” Lower rates will have a positive impact on affordability, Lisa Sturtevant, chief economist at Bright MLS, said in a statement.

Mortgages 500

Mortgages Fixed-rate mortgage MLS New Construction 500

Housing Wire

DECEMBER 19, 2023

New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Single-family building activity drove November residential construction activity. Single-family building activity drove November residential construction activity. But permits for future construction fell 2.5%

Mortgages 431

Mortgages Construction New Construction Residential 431

Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Fueling this increase is new construction, according to Divounguy, even though the 1.3% Over the past year, the value of the U.S.

Marketing 515

Marketing New Construction Finance Construction 515

Housing Wire

SEPTEMBER 26, 2023

However, mortgage applications for new home purchases increased 4% between July and August, the strongest pace of sales in three months. Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said.

As-is 500

As-is Sales New Construction MLS 500

Housing Wire

AUGUST 16, 2024

Both single-family and multifamily housing starts were down significantly from a year ago,” Lisa Sturtevant, the chief economist at Bright MLS , said in a statement. Construction of both single-family and multifamily housing has been strong over the past few years. Single-family starts were down 14.1% month over month and 14.8%

Construction 449

Construction New Construction MLS Residential 449

Housing Wire

MARCH 25, 2024

Additionally, mortgage applications for new homes surged in February as a lack of existing homes for sale continued to fuel the demand for new construction. But a slight uptick in mortgage rates held back the pace of new home sales in February, according to NAHB chief economist Robert Dietz.

Sales 458

Sales New Construction Construction MLS 458

Housing Wire

OCTOBER 3, 2023

The app will also house all of eXp’s active MLS listings and the service is free to eXp Realty agents. At eXp, we firmly believe the highest and best form of marketing a property is placing it in the MLS and exposing it to as many people as possible,” Pareja added.

MLS 432

MLS New Construction Brokerage Agents 432

Housing Wire

SEPTEMBER 19, 2023

On the bright side, permits for future construction recorded a 6.9% However, it was 2% higher than a year ago, Bright MLS Chief Economist Lisa Sturtevant noted. This annual increase in new starts was driven entirely by new construction activity in the South region, she noted. Census Bureau. Permits were 2.7%

Construction 471

Construction New Construction MLS Marketing 471

Housing Wire

SEPTEMBER 18, 2024

Slowdowns in new single-family construction over the summer reflected sagging builder confidence, but homebuilders appear to be more confident as mortgage rates have fallen over the past few weeks and as the Federal Reserve gets set to cut interest rates. monthly and 6.2% annually to a rate of 333,000 starts. month over month and 5.2%

Marketing 465

Marketing Construction New Construction MLS 465

Inman

JULY 17, 2024

High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains.

Construction 175

Construction New Construction Residential Marketing 175

Housing Wire

MAY 23, 2023

On a year-over-year basis, new home sales were up 11.8%. Demand for newly built homes has been strong amidst the historically low inventory of existing homes for sale ,” Lisa Sturtevant, the chief economist at Bright MLS , said in a statement. In April, new single-family home sales were about 14% of total home sales nationwide.

New Construction 397

New Construction MLS Construction Sales 397

Housing Wire

NOVEMBER 27, 2023

However, the share of new construction for sale in the third quarter was the highest ever recorded. single-family homes for sale in the third quarter were new construction, up from 28.9% The median price for a new home kept inching down There was a bright side for consumers. Nationwide, 30.6%

Sales 420

Sales New Construction Construction Closing costs 420

Housing Wire

NOVEMBER 14, 2023

“Shelter inflation has been coming down slowly since the summer, as new residential construction activity ramped up in 2023,” said Lisa Sturtevant, chief economist for Bright MLS. Even though shelter prices dropped to 0.3% the prior month, they’ve increased 6.7%

New Construction 406

New Construction Construction MLS Residential 406

Housing Wire

JULY 26, 2023

“New home sales continue to be an outsized share of the housing market ,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. The market for new homes is booming because the number of existing homes coming on the market has slowed to a two-decade low.

Sales 370

Sales New Construction Marketing Construction 370

Housing Wire

FEBRUARY 16, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.331 million units, down 14.8% Housing inventory remained low in January and new homes still accounted for about 30% of all homes available for sale. month over month, according to a report released Friday by the U.S. Census Bureau and the U.S.

New Construction 426

New Construction MLS Construction Development 426

Housing Wire

JULY 19, 2023

single-family homebuilding fell in June, but permits for future construction rose to a 12-month high on the weakness of the existing home sales market. noted Bright MLS Chief Economist Lisa Sturtevant. The number of single-family homes under construction remains high. The decline in housing starts came after a massive 18.7%

Construction 368

Construction New Construction MLS Lending 368

Housing Wire

APRIL 18, 2024

Meanwhile, new construction of both single-family and multifamily homes receded in March. Prospective home buyers face a very confusing housing market,” Bright MLS chief economist Lisa Sturtevant said in a statement.

Sales 418

Sales New Construction MLS Construction 418

RIS Media

MAY 17, 2023

1 issue in many regions and prices largely remaining resilient, homebuilders appear poised to add some much needed new homes to the market, with data showing another uptick in housing starts last month. With inventory back to being the No.

New Construction 111

New Construction Construction MLS Marketing 111

Housing Wire

DECEMBER 6, 2024

Or omit the MLS link and tease out the listing with stats and photos in your newsletter, and invite your audience to contact you directly for more information.

Pre-approval 382

Pre-approval Design Industrial Agents 382

Housing Wire

APRIL 18, 2023

Construction of homes in buildings with five or more units, which generally is going to include apartment buildings, has been running at a faster pace than last year,” Lisa Sturtevant, Bright MLS ’ chief economist, said in a statement. “We However, this rate still represents a 6.1% annual increase. year over year. year over year.

Construction 370

Construction MLS New Construction Finance 370

Housing Wire

JUNE 29, 2023

It is encouraging that homebuilders have ramped up production, but the supply from new construction takes time and remains insufficient,” added Yun. Yun, however, is optimistic about the impact increased housing starts and homebuilder confidence will eventually have on housing inventory. “It

Sales 369

Sales New Construction MLS Construction 369

Housing Wire

JULY 6, 2023

Real estate markets also speak to resilient conditions, as buyers have accepted mortgage rates in the new normal of 6% – 7% range and kept a steady pace of sales over the past few months. Lisa Sturtevant, Chief Economist of Bright MLS , said economic conditions will cool in the second half and mortgage rates will come down.

Mortgages 384

Mortgages Construction New Construction Investor 384

Housing Wire

MARCH 16, 2023

The pace of new construction had been picking up over the past two years. million new housing units were started, which is a little higher than the average annual new starts over the past five decades,” Lisa Sturtevant, the chief economist at Bright MLS, said in a statement. year over year. In 2022, a total of 1.55

Banks 421

Banks Construction MLS Finance 421

Housing Wire

MAY 17, 2023

“Despite elevated mortgage rates and a slower-than-typical spring housing market , homebuilders are feeling confident about the outlook for new housing demand because the inventory of existing homes for sale remains very constrained,” Lisa Sturtevant, the chief economist of Bright MLS , said in a statement. “In million homes.”

Construction 397

Construction New Construction MLS Development 397

Housing Wire

JULY 25, 2023

Low inventory and surprisingly resilient housing demand have kept home prices stable or rising in many markets, but affordability will be challenged as more inventory begins to come on line later this year, Lisa Sturtevant, chief economist at Bright MLS , noted.

Construction 358

Construction Mortgages New Construction MLS 358

Housing Wire

JULY 20, 2023

The good news is that the housing recession that was predicted by some economists has not materialized, noted Lisa Sturtevant, chief economist for Bright MLS. With positive inflation news and a strong labor market, the possibility that the Fed will be able to bring the economy in for a “soft landing” is improving.

Sales 361

Sales MLS Construction Short sale 361

Housing Wire

OCTOBER 26, 2022

. “With mortgage rates around 7%, the typical monthly payment for a buyer was about $2,900 last month,” said Lisa Sturtevant, the chief economist for Bright MLS. “Just six months ago, when rates were around 3%, that same house would have had a monthly payment of just $1,900.

Sales 365

Sales New Construction Investor MLS 365

Housing Wire

JUNE 22, 2023

Newly constructed homes are selling at a pace reminiscent of pre-pandemic times because of abundant inventory in that sector. But thankfully the new construction market is churning out a steady flow of new homes to help fill the gap.” Unsold inventory is at a 3.0-month months in April and 2.6

Sales 384

Sales Construction New Construction MLS 384

Housing Wire

AUGUST 10, 2023

Additionally, economists have observed a rebound in new home sales this year, with buyers seeking to leverage new construction options and any competitive builder incentives. However, demand bounced back after the winter holiday, yielding a surprisingly strong spring housing market.

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages New Construction Loans 370

Housing Wire

SEPTEMBER 28, 2022

Sales of new single-family homes in August were at a seasonally adjust annual rate of 685,000, up 28.8%, but down 0.1% A rebalancing of the housing market is continuing to throw the new construction market for a loop,” Nicole Bachaud, Zillow’s senior economist, said in a statement. compared to a year ago. “A

Sales 284

Sales Construction New Construction MLS 284

Inman

SEPTEMBER 6, 2024

Bernice Ross talks with Patrick Stone, chairman and founder of Williston Financial, about interest rates, new construction and the 2024 election.

Industrial 193

Industrial New Construction Construction MLS 193

Housing Wire

SEPTEMBER 13, 2024

We have incredible multifamily teams, commercial teams, new construction teams, high net worth teams, beach teams, golf teams. You have to understand your local rules and regulations within your brokerage and your MLS. I think that the rule changes, regardless of the MLS, are going to push more people to shop quietly.

Brokerage 396

Brokerage Branding Agents MLS 396

Redfin

JUNE 10, 2025

The oldest cities have the oldest homes – and too little new construction. However, behind the appeal lies a growing issue: America’s housing stock is aging fast, and new construction isn’t keeping up. A slowdown in new construction brought on by the Great Recession has accelerated the aging process.

New Construction 57

New Construction Construction Sales Development 57

Notorious ROB

SEPTEMBER 5, 2022

Last year, I wrote something up on BrightMLS’s Off-MLS Study saying that the conclusions of the report were overstated and based on thin and problematic data. In particular, I had issues with the data presented: Simply put, there is a large discrepancy in the median sale price between On-MLS homes and Off-MLS homes.

MLS 88

MLS Brokerage Sales New Construction 88

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable.

Agents 128

Agents New Construction Purchase and sale agreement Construction 128

GeekEstate

MAY 14, 2025

Infinityy : a city-scale network of AI-guided personalized experiences of every property and neighborhood in an MLS that engages and qualifies prospects 24/7. NEO : a multilingual platform that partners with associations and MLSs to provide agents with a sales and marketing tool to help sell new construction more efficiently.

MLS 52

MLS New Construction Residential Commercial 52

HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. What other MLS statuses do agents use? Closed”- Consider these listings sold.

MLS 105

MLS Backup offer Inspection contingency Purchase and sale agreement 105