Housing Wire

MARCH 24, 2025

Home sellers who did not list their properties on the MLS lost out on more than $1 billion in sale proceeds over the past two years, according to a study published Monday by Zillow. million sales transactions, comparing homes that sold on the MLS with privately listed sales. loss recorded in majority-white neighborhoods.

MLS 489

MLS Sales New Construction Construction 489

Housing Wire

NOVEMBER 26, 2024

Did today’s new home sales report really show an epic crash in sales? New home sales reports can be quite volatile from month to month. In this case, several factors contributed to the substantial decline in new home sales. In this case, several factors contributed to the substantial decline in new home sales.

Sales 489

Sales Construction Mortgages Development 489

Housing Wire

JANUARY 24, 2025

Existing home sales finished 2024 on a high note after a dismal year for the housing market. The December report from the National Association of Realtors (NAR) shows existing-home sales at a seasonally adjusted annual rate of 4.24 Sales in 2024 finished at just 4.06 New construction has not been able to keep up with demand.

Sales 367

Sales New Construction MLS Construction 367

Housing Wire

JUNE 18, 2025

Even though new home sales showed growth last month, the homebuilders — both big and small — have no desire to grow housing permits or starts with 7% mortgage rates. The housing construction cycle reached its peak in 2022, unless mortgage rates decrease. percent below the revised April rate of 1,422,000 and is 1.0

Construction 545

Construction Mortgages Sales Staging 545

Housing Wire

FEBRUARY 11, 2025

Despite bolstering its construction activities and the availability of single-family homes , the state of Florida continues to endure shortages in its affordable housing stock that impact the workforce and retirees living on fixed incomes. Sales volume was also higher in the populous Southeast Florida counties and Orange County.

Construction 293

Construction Sales As-is Marketing 293

Housing Wire

DECEMBER 23, 2024

New home sales grew over last month in the latest Census report , but homebuilders are now facing a supply issue their inventory is building up. Monthly new home sales have been stagnant for the past two years. When mortgage rates decline, sales improve, but it becomes more challenging for builders and buyers when rates rise.

Residential 522

Residential Construction Sales Mortgages 522

Housing Wire

DECEMBER 18, 2024

Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. Instead, the existing home sales market is more about transferring commissions rather than causing significant job losses in the economy.

Construction 503

Construction Residential Sales Mortgages 503

Housing Wire

NOVEMBER 19, 2024

We should note that existing home sales are in the third consecutive year of the lowest sales on record when you adjust to the workforce size. When it comes down to it, the supply and demand model works and new home sales currently today are still below levels we saw during the tech recession in 2001.

Construction 539

Construction Mortgages Land Sales 539

Housing Wire

MARCH 18, 2025

Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. For the past two years, new home sales have ranged between 625,000-741,000.

Construction 414

Construction Residential Sales New Construction 414

Housing Wire

NOVEMBER 29, 2023

New home sales The seasonally adjusted annual rate of new single-family home sales in October landed at 679,000, according to data published on Monday by the U.S. The region was responsible for almost 65% of the adjusted rate of home sales, up about 10 percentage points from the same month in 2018.

Construction 425

Construction Sales Finance Land 425

Housing Wire

JANUARY 2, 2025

The 10-year yield is projected to be between 3.80% and 4.70% For mortgage rates to go lower, we need to focus on the labor market, which has been critical to every economic cycle in recent history, and particularly the labor market for residential construction and remodeling. Jobs week is next week and well see the final report for 2024.

Mortgages 494

Mortgages Construction Residential Sales 494

Housing Wire

NOVEMBER 4, 2024

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. NAR data shows that the annualized rate of existing-home sales dropped 1% from August to September, landing at 3.84 The sales pace was down 3.5% million units.

As-is 370

As-is Marketing Construction New Construction 370

Housing Wire

JULY 8, 2025

According to Redfin , the median home sale price in the Cape Coral-Fort Myers metro area jumped nearly 75% from early 2020 to mid-2022, peaking at $441,000 in April 2022. Wood Christies International Real Estate — said that new construction is helping to bring down expensive homeowners insurance rates that have led to buyer apprehension.

Agents 412

Agents Marketing New Construction Construction 412

Housing Wire

JANUARY 17, 2024

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. That could set the backdrop for a slower pace of construction.

Construction 471

Construction Land Residential Mortgages 471

Housing Wire

MARCH 7, 2025

First-time homebuyers stimulate sales, you know. Kenosha has always been kind of the engine in terms of real estate sales in southeast Wisconsin, she said. So that really kind of hinders our actual total sales and total closings. But our sale prices keep climbing and climbing year over year. They keep the market healthy.

Marketing 385

Marketing New Construction Construction Development 385

Housing Wire

DECEMBER 22, 2023

New home sales missed sales estimates , but the builders’ stocks have been roaring higher. Also, new home sales are notorious for big positive and negative prints that tend to get revised. For sale inventory and months’ supply : The seasonally adjusted estimate of new houses for sale at the end of November was 451,000.

Sales 528

Sales Mortgages Marketing Construction 528

Housing Wire

JULY 24, 2024

Will the Federal Reserve pivot in time to save construction workers? This is key because, traditionally, residential construction workers are the first to lose their jobs before every recession since higher mortgage rates hit housing first. months at the current sales rate. percent (±14.6 percent (±15.2 Monthly supply: 9.3

Sales 471

Sales Construction Mortgages Staging 471

Housing Wire

JANUARY 25, 2024

People say that housing leads the economy into a recession: this is true when new home sales and housing permits fall together. This is one reason I raised my fifth recession red flag for Housing on June 16, 2022 as I saw that higher mortgage rates would impact new home sales and housing permits. months at the current sales rate.

Sales 507

Sales Construction Mortgages Residential 507

Housing Wire

JANUARY 17, 2025

range are positive to grow sales, whereas rates at 7% and above especially 7.50% or higher significantly impact the builder data. When analyzing new home sales data and housing starts, it’s important to remember this rule of thumb. The number of newly completed new homes for sale has risen to 120,000.

Mortgages 471

Mortgages Construction Sales As-is 471

Housing Wire

OCTOBER 22, 2024

For-sale inventory of single-family homes is up 33% from a year ago. New pending sales are also on the rise, with the 60,000 homes going under contract last week representing a 9% increase from the same week last year and an 11% increase from the same week in 2022. 18 to 6.15% on Tuesday.

Mortgages 446

Mortgages Marketing Construction Sales 446

Housing Wire

JUNE 2, 2025

The company, redT Homes , states that it’s the Denver areas only residential real estate development company […] offering a full suite of services, ranging from land acquisition and entitlement to design, architecture, and construction along with real estate-focused marketing and sales.

Development 381

Development Construction New Construction Land 381

Housing Wire

OCTOBER 15, 2024

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

New Construction 471

New Construction Construction Agents Marketing 471

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training.

Investor 425

Investor New Construction Construction Loans 425

Housing Wire

APRIL 21, 2025

of home sales from January through March included concessions such as money toward repairs, closing costs or mortgage rate buydowns. McVay said concessions have become a strategic way for sellers to meet buyers financial needs without lowering their sale price. According to a new report from Redfin , 44.4% Thats up from 39.3%

Seller concession 424

Seller concession Purchase and sale agreement Closing costs New Construction 424

Housing Wire

APRIL 18, 2025

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. New builds come with builder warranties and construction quality may vary due to labor shortages, and delays can occur.

Purchase and sale agreement 363

Purchase and sale agreement New Construction Construction Closing costs 363

Housing Wire

MAY 23, 2023

In a country with more than 330 million people, there are only 70,000 new homes available for sale today in the U.S. And with total active house listings in America near all-time lows, that is all we have for completed units for sale. housing market. Why have the homebuilders’ stocks done so well recently? percent (±11.8

Sales 522

Sales Construction Mortgages As-is 522

Housing Wire

SEPTEMBER 26, 2023

New home sales missed estimates today but had three months of positive revisions, which continues the story of the builders managing the higher mortgage rate environment. But they still only have 76,000 completed units for sale today. As shown in the chart below, this sector has never provided many unoccupied new units for sale.

Sales 522

Sales Construction Mortgages As-is 522

Housing Wire

DECEMBER 20, 2024

The New Home Market Update from Zonda, a construction data provider, was released Friday. The builder survey contained responses like “there was a slower start to the month, but sales picked up after the election, and “the month started slow, but things picked up mid-month. Zonda reported a rebound in new-home sales.

Sales 384

Sales Construction Mortgages Marketing 384

Housing Wire

JUNE 16, 2025

The regulation takes effect for home sales that close after Oct. 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.

Inspection 373

Inspection Pre-approval Development New Construction 373

Housing Wire

MAY 23, 2024

New home sales missed estimates , showing that demand isn’t crashing but not growing much either. However, we need to keep an eye on the housing construction data in this report because it has huge implications for the economic cycle, our recession risk and mortgage rates. months at the current sales rate. Today, even with 9.1

Sales 483

Sales Marketing Construction Residential 483

Housing Wire

NOVEMBER 25, 2024

The instability in the housing market is evident in existing-home sales and home builder sentiment. decrease in existing-home sales, with a 2.8% Additionally, pending home sales in April dropped 7.7%, and year-over-year pending transactions fell 7.4%, indicating a persistent trend. year-over-year decline.

Construction 386

Construction Sales Marketing Mortgages 386

Housing Wire

JANUARY 30, 2025

In this week’s episode of the Power House podcast, host and HousingWire President Diego Sanchez chats with Tom Davis , chief sales officer at Deephaven Mortgage. For example, 30% of purchase transactions were new construction last year. New construction has been 33% of all purchase transactions, right?

New Construction 338

New Construction Construction Marketing Equity 338

Housing Wire

JANUARY 22, 2025

Right now, more multifamily units are hitting the market than at any time in the past 50 years, but detached homes arent seeing the same surge in construction , Zillow chief economist Skylar Olsen said in a statement. An ongoing lack of supply of homes for sale is also fueling demand for rental units, Zillow reported.

Construction 425

Construction Mortgages Sales Marketing 425

Housing Wire

APRIL 25, 2023

Don’t they know the new home sales apocalypse is here? According to this theory, we have more homes under construction than any time in history. And here is a case in point: New home sales came in Tuesday at a big beat of estimates, but the real story is one about supply and demand. months at the current sales rate.

Sales 489

Sales Construction Mortgages As-is 489

Housing Wire

JANUARY 16, 2025

The listings portal combined weekly data on for-sale listings in 2023 and 2024 for comparison. of new construction homes required buyers to pay HOA dues, compared to only 38.2% The company also said that new-construction communities often require less maintenance compared to their older counterparts. of listings required them.

New Construction 386

New Construction Construction Mortgages Sales 386

Housing Wire

NOVEMBER 27, 2023

In a country of more than 335 million people, with 157 million of those people working, we still only have 76,000 new homes available for sale as we head into December. Even in the worst housing bubble crash of our lifetime in 2008, the number of new homes for sale was under 200,000. months at the current sales rate.

Sales 463

Sales Construction Mortgages As-is 463

Housing Wire

MAY 20, 2025

Collectively, the group brings more than $400 million in career sales and 500-plus closed transactions across Maryland markets, including Annapolis and Severna Park. Anchor Home specializes in high-end residential sales, staging, new construction consultations and renovation strategies. Their average listing price is $1.7

New Construction 352

New Construction Renovation Principal Construction 352