Housing Wire

FEBRUARY 4, 2025

To start the conversation, Divounguy dives into the past two years of economic developments and how they impact today’s housing market. He also pointed to low mortgage rates as another positive for homeowners. Next, the due dive into Zillow’s mortgage rates forecast for 2025. So, both are happening together.

New Construction 360

New Construction Mortgages Construction Sales 360

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. In Birmingham, ERA King Real Estate agent Anna-Maria Ellison said that even without lower mortgage rates, she is seeing buyers return to the market. “It New construction is backed up,” she said.

New Construction 409

New Construction Construction Agents Development 409

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. If no rate protection is available, buyers should ensure they still qualify for their mortgage in case of a rate increase.

Purchase and sale agreement 311

Purchase and sale agreement New Construction Construction Closing costs 311

Housing Wire

FEBRUARY 18, 2025

Despite that projected need for more senior housing, however, development on dedicated senior housing units and facilities ground to a halt during the COVID-19 pandemic and has largely stood still since then, the report explained. The sector is expected to move from its former glut to a shortage in the next five years, the Journal reported.

Marketing 298

Marketing New Construction Development Construction 298

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. Diego: We’ve kicked off 2025 with mortgage rates that haven’t done much except go a little bit higher. A lot of folks were expecting a decline in 2025.

New Construction 279

New Construction Construction Marketing Equity 279

Housing Wire

MARCH 24, 2025

26 in Dallas, provided valuable insights into the forces shaping the mortgage and housing markets in 2025. Logan Mohtashami, an expert in the mortgage and housing ecosystem and lead analyst for HousingWire, set the tone with this optimistic message. It should be about helping lenders win new business, not just cutting expenses.

Technology 356

Technology Loan Officer Loans Banks 356

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% The 30-year fixed-rate mortgage averaged 6.6% 12 compared to a week earlier.

Fixed-rate mortgage 530

Fixed-rate mortgage Mortgages New Construction Construction 530

Housing Wire

DECEMBER 19, 2023

New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. Single-family building activity drove November residential construction activity. Despite the elevated mortgage rates , homebuilders’ sales have increased this year.

Mortgages 431

Mortgages Construction New Construction Residential 431

Marco Santarelli

JANUARY 22, 2025

The Florida housing market is undeniably hot right now, making headlines with a record-breaking $285 million new construction home hitting the market. It's a development of a property that was initially purchased by former Manalapan mayor and developer Stewart Satter for $27.5 Absolutely not!

New Construction 98

New Construction Construction Pre-approval Design 98

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. 7 loan officer in the country last year with a mortgage production volume of $326.5

Loan Officer 421

Loan Officer Mortgages VA loan Lending 421

Housing Wire

FEBRUARY 24, 2023

New home sales started off 2023 on a positive note, rising 7.2% Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. On a year-over-year basis, however, new home sales are still down 19.4%. January marked a surge of people signing contracts to buy new homes. months in December.

Sales 432

Sales New Construction Construction Mortgages 432

Housing Wire

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Industry workers didn’t pull back on investing in professional development, with the majority (51%) spending money to reach potential clients. in events to garner business. About 23.7%

Mortgages 421

Mortgages Marketing Banks New Construction 421

Housing Wire

JULY 6, 2023

Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 6, up significantly from last week ’s 6.71%.

Mortgages 384

Mortgages Construction New Construction Investor 384

Housing Wire

SEPTEMBER 26, 2023

After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In August, the sales pace of new homes fell 8.7% On a year-over-year basis, new home sales were up 5.8%.

As-is 500

As-is Sales New Construction MLS 500

Housing Wire

JULY 16, 2024

Biden’s new plan would cap annual rent hikes at 5% for two years for landlords who manage 50 or more rental units, which the administration said would cover 20 million units, or roughly half of all rental units in the country. Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation.

New Construction 466

New Construction Construction Land Development 466

Housing Wire

MARCH 25, 2024

New-home sales receded slightly in February but continued to track above last year’s pace, reaching a seasonally adjusted annual rate of 662,000 last month, according to data published Monday by the U.S. Department of Housing and Urban Development ( HUD ). month supply of new single-family homes, according to census and HUD data.

Sales 458

Sales New Construction Construction MLS 458

Housing Wire

SEPTEMBER 27, 2021

“Since history has shown us that fourth quarters are usually the strongest quarter for construction, 2021 is still projected to finish with 40,000 completions, which is falls right in line with years past,” David Caputo, an analyst with Moody’s, said. “As In the second quarter, the national average asking rent increased.8% 8% to $986.

New Construction 466

New Construction Construction Finance Mortgages 466

Housing Wire

FEBRUARY 26, 2024

New-home sales reached a seasonally adjusted annual rate of 661,000 in January, according to data published Monday by the U.S. Department of Housing and Urban Development ( HUD ). The uptick in new-home sales underscores the persistent strength of demand in the housing market despite the challenges posed by winter weather.

Sales 432

Sales New Construction Construction Development 432

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

JUNE 17, 2021

Mortgage applications for new home purchases fell 9% month-over-month in May at a seasonally unadjusted pace ? the second consecutive month sales of new homes have dropped, according to data released Thursday by the Mortgage Bankers Association. Censes Bureau releases each month.

Sales 500

Sales VA loan FHA loan Loans 500

Housing Wire

JANUARY 18, 2024

Despite lower mortgage rates , housing starts ended the year on a downturn, after posting a large monthly gain in November. New construction starts fell to a seasonally adjusted annual rate of 1.460 million units, down 4.3% Department of Housing and Urban Development (HUD). Census Bureau and the U.S. compared to 2022.

New Construction 465

New Construction Principal Construction Mortgages 465

Housing Wire

MAY 6, 2024

HUD also seeks to transition away from the discontinued Fannie Mae Form 1009, the residential loan application for reverse mortgages, to Form 1003, the Uniform Residential Loan Application (URLA). We applaud HUD’s efforts in trying to change the requirements for HECMs to be more in line with the requirements of the forward mortgage industry.

VA loan 421

VA loan Principal Residential New Construction 421

Housing Wire

MARCH 7, 2024

Department of Housing and Urban Development (HUD). This includes a strain on resources brought about by the assumption of a sizable portfolio of reverse mortgage-backed securities following the bankruptcy of a major lender in the space in 2022. It allocates $450 billion in funding for several departments, including the U.S.

Bankruptcy 413

Bankruptcy New Construction Development Lending 413

Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. This massive database goes back multiple decades and is consistently updated with each new census. Its the best place to find average mortgage rates. Lets dive in!

Pre-approval 382

Pre-approval Design Industrial Agents 382

Housing Wire

SEPTEMBER 18, 2024

Department of Housing and Urban Development (HUD). 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%

Marketing 465

Marketing Construction New Construction MLS 465

Housing Wire

NOVEMBER 27, 2023

New home sales fell on a month-over-month basis in October, but continued to outpace last year’s levels. Meanwhile, low supply and high mortgage rates continued to dampen existing home sales. In October, new home sales reached a seasonally adjusted annual rate of 679,000, according to data published on Monday by the U.S.

Sales 420

Sales New Construction Construction Closing costs 420

Housing Wire

FEBRUARY 12, 2024

. “With the acquisition of AFR, we will build on our already strong mortgage platform. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. residential mortgage market and housing-related assets. residential mortgage market and housing-related assets.

Lending 418

Lending New Construction Construction Finance 418

Housing Wire

MAY 25, 2022

While some buyers still enjoy finding their new construction home the old-fashioned way —spending a Saturday driving through neighborhoods — the National Association of Realtors (NAR) reports that 97% of homebuyers, regardless of age, use the internet in their home search.

New Construction 458

New Construction Construction Sales Industrial 458

Housing Wire

APRIL 30, 2021

More than a quarter of single-family homes for sale during the first quarter were new-construction homes — nearly 26%, and March housing starts jumped nearly 20% month over month to the highest level since 2006, per the latest report from Redfin. A healthy housing market is considered roughly six months of supply.

New Construction 450

New Construction Construction Land Sales 450

Housing Wire

OCTOBER 25, 2023

New home sales figures exceeded projections in September despite mortgage rates at 23-year high, declining mortgage applications and waning builder confidence. In September, the sales pace of new homes picked up considerably, up 12.3% Census Bureau and the Department of Housing and Urban Development ( HUD ).

Sales 420

Sales New Construction Construction Finance 420

Housing Wire

APRIL 25, 2023

New home sales posted yet another increase in March, rising 9.6% Census Bureau and the Department of Housing and Urban Development ( HUD ). This is the fourth straight month of new home sales increases. On a year-over -year basis, however, new home sales are still down 3.4%. This represents 7.6

Sales 410

Sales Construction New Construction Principal 410

Housing Wire

MAY 20, 2024

Remote work and historically low mortgage rates made it particularly attractive to buy a home. Second, homeowners have been reluctant to sell their houses due to mortgage rates, which have reached a two-decade high point. Department of Housing and Urban Development (HUD). Census Bureau and the U.S.

Sales 441

Sales New Construction Construction Mortgages 441

BAM Media

MAY 20, 2025

Byron Lazine broke down Zelmans insights in todays Hot Sheet : Read on for a quick overview of Zelmans thoughts on home builder sentiment, new construction versus existing homes, and a NAR-backed bill that could incentivize small landlords to sell. Mortgage rates are back near 7%, and many buyers have hit pause.

New Construction 59

New Construction Construction Investor Development 59

Housing Wire

FEBRUARY 5, 2024

An estimated 668,000 new homes were sold in 2023, 4.2% Department of Housing and Urban Development. single-family homes for sale were new construction, similar to the percentage from a year earlier and good for the highest level of any fourth quarter on record. Census Bureau and the U.S.

New Construction 441

New Construction Construction Development Mortgages 441

Housing Wire

MAY 23, 2023

The sales pace of new homes has also increased for the fifth consecutive month, according to data published on Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In April, the sales pace of new homes rose 4.1% On a year-over-year basis, new home sales were up 11.8%. “The

New Construction 397

New Construction MLS Construction Sales 397

Housing Wire

AUGUST 22, 2022

July was another rough month for homebuilders, with mortgage applications for new home purchases dropping 16.1% from a year ago, according to the latest Mortgage Bankers Association ‘s builder application survey. Department of Housing and Urban Development. Compared to June 2022, applications decreased by 7%.

VA loan 370

VA loan FHA loan New Construction Loans 370

Housing Wire

JANUARY 26, 2023

Last month, new home sales increased by 2.3% Census Bureau and the Department of Housing and Urban Development (HUD). But while mortgage rates have been tumbling down, and while builders have been offering incentives to buyers, it wasn’t enough to prop up new residential sales across 2022.

Sales 397

Sales Residential Construction New Construction 397