article thumbnail

Opinion: Don’t let red tape strangle city development

Housing Wire

I grew up in Houston, and I’ve seen the benefits and the pitfalls of real estate development in perhaps the most lightly regulated city in the United States — a place where developers don’t fret about complex building regulations, because such regulations simply don’t exist. The results are uneven, but can be inspiring.

article thumbnail

8 ways to cultivate connections with builders and developers

Inman

Master the new construction niche, and grow your business by building relationships with builders and developers in your market.

Insiders

Sign Up for our Newsletter

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

article thumbnail

We’re in a Home Construction Golden Age—Here’s How Investors Would Benefit From Building

Bigger Pockets

This may be the best time ever to invest in new construction. We'll explain why the demand for homebuilding could mean big bucks for investors.

article thumbnail

Top LO Tim Potempa joins E Mortgage Capital

Housing Wire

But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. Potempa brought his team of 38 professionals — including processors, business development staff, support staff and about 15 loan officers — to E Mortgage on March 25.

article thumbnail

Mortgage rates dip to 6.6% to mark the lowest level since May 2023

Housing Wire

This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. Housing starts declined 9% in 2023, an indication that homebuyers looking to purchase a new construction home may continue to struggle with the lack of inventory this year.

article thumbnail

Proprietary Capital completes acquisition of AFR, hires new COO

Housing Wire

A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S.

Lending 318
article thumbnail

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. They are typically not purchased from a builder or developer. In short, they are considered brand new. This however is not common in today’s market. for up to two years.