Redfin

AUGUST 5, 2025

There are ways to do so without breaking the bank on a newly constructed home or major renovations. Model homes can be a great option if you’re interested in saving money and still getting some upgrades you’re looking for in your new home. Pros Cons Model homes are usually more affordable than other new construction homes.

Purchase and sale agreement

Marco Santarelli

MARCH 29, 2025

This is particularly useful for vacant properties or new constructions. Attracting First-Time Homebuyers to a Revitalizing Area: In another instance, I focused on a neighborhood that was experiencing a lot of new development and attracting young professionals. AR, powered by AI, will make this increasingly common.

Marketing

Marco Santarelli

DECEMBER 31, 2024

The strategy emphasizes community involvement, allowing local developers to express their specific needs for growth and sustainability. The Housing Supply Action Plan represents a shift toward prioritizing affordable housing development as a national imperative. million affordable units since its inception in 1986.

Construction

Redfin

JUNE 17, 2025

Cost While it depends on the house and the market, buying an older home has the potential for a lower purchase price than buying or building a new one. Older homes may also offer the potential for a high return if restored or renovated, making them unique investment opportunities. Do new or old houses cost more?

Renovation

Luxury Real Estate Blog

JULY 25, 2025

A Lot That Checks Every Box This generously sized parcel is ideal for new construction or full-scale renovation. Whether you’re a homeowner with a dream design, a developer looking for prime dirt, or an investor eyeing value in SoSo’s skyrocketing growth — this is the kind of opportunity that doesn’t come around often.

New Construction

The Close

MAY 20, 2025

Rental loan customization options (Source: Lima One Capital) Lima One Capitals loan types and terms Types of loans Single-family rental loan terms Rental portfolio loan Single-family rental loan Short-term rental loan Fix and flip loan Bridge loans New construction Loan amount: $75,000-$2.5 million Interest rates: Starting at 6.5%

Loans

Housing Wire

JULY 7, 2025

More expensive materials directly impact the cost of building new homes and may stall the progress of new development. The delay in new housing availability reduces housing stock, which can, in turn, reduce a real estate agent’s potential commissions, even if prices rise.

Agents

BAM Media

MARCH 11, 2025

Many developed countries arent producing enough births to sustain their populations, meaning long-term demand could shift toward areas attracting immigration and economic growth. Homebuilders Are Going Smaller For decades, despite shrinking household sizes, new homes kept getting bigger. Byron Lazine 3.

Agents

The Close

MAY 19, 2025

Financing the purchase, renovation, or construction of a commercial property can be much different and more complex than financing a traditional primary residence. A commercial real estate loan is any type of financing used specifically for properties that generate income. million Interest rates: As low as 6.5%

Commercial

Marco Santarelli

MARCH 6, 2025

As Hughes pointed out, tariffs on lumber and other building materials increase the cost of construction and discourage new development, and consumers end up paying for the tariffs in the form of higher home prices. Hale also points out that the impact could go beyond just new homes.

Marketing

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

Housing Wire

NOVEMBER 4, 2021

For career switchers looking for a new path that doesn’t necessarily require a college degree, they could do worse than the building trades. million new hires for construction. Since the last housing bubble burst, when more than a million residential construction workers lost their jobs , a shortage has developed.

Construction

Housing Wire

AUGUST 29, 2024

At HVPG, we recently completed a renovation at a senior living facility in Jersey City, a city experiencing rapid growth with almost 30% of its current population arriving in 2021 or 2022. Our renovation includes features such as step-free entrances, wider doorways, and bathroom modifications.

Renovation

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

Housing Wire

JUNE 8, 2021

“The average home age in the United States is about 40 years old, so there’s a huge stock of homes that need to be renovated.”. Given the rising price of lumber and other construction costs, renovations may sound impractical. A fix’n’flip loan is designed to cover the costs of purchasing a home and renovating it.

Loans

Housing Wire

FEBRUARY 12, 2024

Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. In AFR, it’s adding the New Jersey-based, full-service independent mortgage bank that has direct, wholesale and correspondent lending divisions. residential mortgage market and housing-related assets.

Lending

Housing Wire

JANUARY 9, 2024

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

Finance

Realtor.com

NOVEMBER 17, 2022

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.

New Construction

Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

New Construction

HomeLight

JULY 31, 2020

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new? Pros of new construction.

New Construction

Realtor.com

JANUARY 11, 2023

Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes.

New Construction

Housing Wire

FEBRUARY 8, 2024

With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad.

Agents

Realty Biz

AUGUST 5, 2023

Buying a new construction home has its pros and cons. As the first owner, you'll enjoy the peace of mind of owning a brand-new property. New homes often require fewer repairs and updates since everything is up to date-and in good condition. Different types of new homes can be less expensive.

New Construction

HomeLight

FEBRUARY 23, 2021

Does a new construction meet your needs and your budget ? So let’s break down what you’ll pay with self-built, new construction, and existing homes, so you can narrow down your search enough to have a great real estate agent take you the rest of the way to your dream home. New construction.

New Construction

Realtor.com

NOVEMBER 30, 2021

A developer, Todd Michael Glaser , bought the property and has big plans—hence the huge price tag. That price is to include a complete renovation of the home, courtesy of the developer. No renovations have been performed as yet. The new construction would also include a six-car garage and two swimming pools. “I

Renovation

Marco Santarelli

JANUARY 27, 2023

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.

New Construction

HomeLight

MARCH 31, 2022

“Our best customers, this is something they’ve been thinking about for a long time,” says Chad Hackmann, partner at Alair Homes Arlington , which provides custom-built homes and renovations in the Arlington, Virginia, area. Check out the land rules and regulations before embarking on construction. Let’s dive into the details.

Construction

Realty Biz

NOVEMBER 8, 2021

Anyone looking for a career change that doesn’t have the advantage of a college degree could do a whole lot worse than retraining as a construction worker. Amid huge demand for new homes, at least 740,000 new construction workers will be needed each year for the next three years, according to a new report by the Home Builders Institute.

Construction

BAM Media

JANUARY 8, 2025

In short, its a mixed bag, but some distinctly good news is that new home construction is on the rise. million new homes. By teaming up with builders or helping buyers interested in new homes, you can learn a valuable new skill set, tap into more inventory, and attract a fresh pool of clients.

Sales

Realty Biz

JULY 20, 2022

This type of mortgage can be used, not only, to buy homes in rural areas, but also for renovations, new constructions, and relocating a house. The VA also offers Native American Direct Loans, to help Native American veterans buy, renovate, or construct a home. Down Payment Assistance.

Loans

HomeLight

JANUARY 28, 2023

Even with it’s historic architecture, many Massachusetts buyers choose to pursue a new construction home, either in a new home development or by buying property and hiring a contractor. Consequently, half of all the new single-family homes built in New England since then are on lots that are valued above $200,000.

New Construction

HomeLight

JANUARY 31, 2023

Find a Buyer's Agent To help you navigate the ins and outs of building in North Carolina, we spoke with Thomas Wohl , a highly-ranked real estate agent serving the Raleigh-Durham-Chapel Hill region with 29 years of experience, specializing in new construction, first-time home buyers, and relocations. per square foot.

New Construction

Realtor.com

JULY 9, 2021

After a two-year, $2 million renovation completed just before the pandemic, Ms. Co-ops aren’t the only type of multifamily units that can be combined—condominiums can be joined as well, whether new construction or existing units. Then there is the disruption of a gut renovation. The kitchen.

Pre-approval

HomeLight

APRIL 27, 2022

Work with a top agent to develop a strong pricing strategy. Some people are charmed by older houses with a lot of history, and others prefer new construction. A top agent can develop a strategy that will help you list your house at a higher price. If you’re not up for a renovation, don’t stress. Get Estimate.

Renovation

Realty Biz

NOVEMBER 13, 2023

The Four Phases of the Real Estate Market Cycle The four phases of the real estate market cycle can be characterized as: Recovery The recovery phase typically begins after a low point in a recession phase, when occupancy and rental rates are low and new construction is stagnant.

Marketing

Redfin

MAY 5, 2025

In this Redfin article, we’ll cover everything you need to know about buying a new construction home. Whether you’re looking an an upcoming development in Sacramento, CA , or looking at land outside of Milwaukee, WI , here’s what to consider before purchasing a new construction.

New Construction

HomeLight

SEPTEMBER 26, 2022

New construction might seem less expensive — but if, for example, it doesn’t include landscaping, and that’s something you have to do yourself after closing, that can be expensive. Buying an existing house could be less expensive than building new if you can find a deal on a fixer-upper and put in some sweat equity.

Construction