Remove Design Remove New Construction Remove Renovation Remove Sales
article thumbnail

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

Realtor.com

Compare that with a preexisting home’s median price of $396,300 , and it’s clear that buying brand-new might set you back tens of thousands of dollars extra. 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. .

article thumbnail

Opinion: More financing options for ADUs are needed

Housing Wire

Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

Finance 482
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Jane Doe specializes in luxury markets.”

Agents 407
article thumbnail

Flagstar Bank offers brokers direct access to seasoned specialty lending experts and powerful tech solutions

Housing Wire

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 359
article thumbnail

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. You need to identify a suitable piece of land that is up for sale and buy it. Next is buying the materials and beginning construction. Level of Customization.

article thumbnail

These markets are attracting the most out-of-state real estate investors

Housing Wire

Following extensive renovations that took nearly a year to complete, the property was resold to an owner-occupant buyer in July 2020. counties with at least 10 online REO auction sales through the first 10 months of 2020. The average sales price for REO properties sold so far in 2020 in Comanche County was $28,240 — just $20.10

Investor 545
article thumbnail

13 Basement Design Ideas to Maximize Use and Value of Your Underground

HomeLight

With some sweat and creative energy, you can transform this underground space into your new favorite room in the house for only a fraction of the cost of building a home addition. “It’s In addition to a relatively low project cost, a finished basement recoups on average a 70% return on investment when designed with resale in mind.

Design 111