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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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With low inventory, house hunters are in full safari mode

Housing Wire

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. trillion — with sales of new homes rising in dominance. Fannie Mae recently projected originations for 2023 at $1.59

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7 Smart Ways To Lower the Cost of Buying a New-Construction Home

Realtor.com

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.

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals.

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Seven Mixed-Use Developments Get $4.5M Funding in Pennsylvania

Realty Biz

million in funding for the construction or renovation of mixed-use developments. This financial support was generated through the sale of tax credits under the Mixed-Use Development Tax Credit Program, with the proceeds being channeled into the Community Revitalization Fund Program.

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Benefits of Investing in New Construction Real Estate

Norada Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. They are the owner and seller.

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What Will the Real Estate Market Bring in 2024? Market Corrections or Rising Property Prices?

Realty Biz

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. Redfin reported that in January 2024, the American median home sale price was approximately $402,000. This average increased by 5.1