Housing Wire

JULY 22, 2021

Ideally, the costs for a home would rise roughly in line with income growth, which is likely to happen in 2022 as more listings and new construction become available.”. Properties typically remained on the market for 17 days in June, unchanged from May and down from 24 days in June 2020.

Sales 496

Sales New Construction Equity Construction 496

Housing Wire

DECEMBER 7, 2020

months, builders will halt the rate of growth for new construction plans as they did in 2018 and again for a brief period this year. months, the builders are ok with construction as long as new home sales grow. For this to work, we would need to prevent NIMBY lawsuits from delaying construction projects.

Construction 545

Construction Mortgages Sales Finance 545

Housing Wire

APRIL 20, 2022

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project.

Loans 384

Loans Lending Construction Banks 384

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Mortgages 421

Mortgages Marketing Banks New Construction 421

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 126

New Construction Construction Development Renovation 126

Housing Wire

AUGUST 3, 2023

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” How are you going to build millions of homes if you can’t get the financing to develop the lots in the first place?”

Land 370

Land Construction Development Finance 370

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” Most of the temporary rate buydowns offered through FBC are paid for by builders, he said. “We

Marketing 410

Marketing FHA loan Loans Mortgages 410

Realtor.com

JANUARY 2, 2023

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

New Construction 105

New Construction Construction Pre-approval Inspection 105

Lab Coat Agents

APRIL 21, 2025

For example, it might detect that home values are set to rise by 5% over the next year due to an expanding job market, limited new construction, or increasing demand from remote workers seeking suburban lifestyles. This can lead to win-win solutions like short sales or creative financing options.

Agents 83

Agents Short sale Finance New Construction 83

HomeLight

DECEMBER 31, 2021

Homeowners with mortgages saw their home equity blossom 31% in 2021, according to a report from CoreLogic, a remarkable increase for such a short period of time. As you map out your plans for 2022, you may be thinking of ways to keep building more equity or use what you’ve recently acquired. What is home equity in simple terms?

Equity 116

Equity Principal Loans Renovation 116

HomeLight

SEPTEMBER 25, 2023

Explore a bridge loan and let your home’s equity help fund your next house in the short term. In this post, we’ll unpack this financing option and how you can put it to work for you. In this post, we’ll unpack this financing option and how you can put it to work for you. Need to Buy Before You Sell?

Equity 109

Equity Loans Debt-to-income ratio Home sale contingency 109

The Close

MAY 20, 2025

An investment property loan is any type of financing you use to buy or refinance a property that generates income, like a rental property (single-family home or a multifamily property) or a commercial property. million Interest rates: Starting at 6.5% million Interest rates: Starting at 6.5% million Interest rates: Starting at 6.5%

Loans 52

Loans FHA loan Commercial VA loan 52

Housing Wire

OCTOBER 23, 2023

lender in 2022 to 13th in the first half of 2023, per Inside Mortgage Finance estimates. The direct-to-consumer channel is more home equity and refi-driven; they do some purchases, but it’s primarily that. That’s new construction. And not just adding tons of people — that is the traditional model in mortgages.

Technology 421

Technology Loan Officer Loans As-is 421

AAOA

MARCH 31, 2025

A Real Estate Investment Trust is a company that owns, operates, or finances income-generating real estate. Types of REITs to Know There are several types of REITs, each focusing on different aspects of real estate investment: Equity REITs : Focused on owning and operating real estate that generates rental income.

Commercial 52

Commercial Investor Property Management Development 52

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. New construction properties are those that are purchased directly from the builder or developer who constructed the property. In short, they are considered brand new.

New Construction 52

New Construction Construction Probate sale Investor 52

Norada Real Estate

JUNE 14, 2025

Sometimes exploring new construction can offer a bit of an edge when it comes to financing. Explore all your options, including new constructions that might offer rate incentives. For Current Homeowners: A modest price increase is generally good news for your home equity.

Marketing 59

Marketing New Construction Mortgages Construction 59

HomeLight

APRIL 28, 2022

“I remember looking online and I found a sweet little home — I’m used to buying new construction but this was an older house — so I clicked on it and the agent called me and we started talking,” says Solis. With new construction, I would have had to hire a contractor to put in a pool.

New Construction 105

New Construction Construction Equity Agents 105

Marco Santarelli

JUNE 12, 2025

Some areas, particularly those with a lot of new construction, are seeing builders reduce prices. Additionally, homeowner equity has seen significant growth, providing a financial cushion for many. The fundamental factors of relatively low supply and solid homeowner equity provide a degree of stability.

Equity 52

Equity Mortgages Due diligence Sales 52

Realty Biz

JUNE 25, 2023

Those who have a house they've been paying off for years accumulate equity, which can be used as a part of your portfolio. To give you an example of what having equity can do, look at home equity lines of credit (HELOCs). Many don't realize it at first, but even homeownership is a type of investment.

House Flipping 102

House Flipping New Construction Equity Construction 102

Realty Biz

OCTOBER 21, 2023

First-time Spec house builders need to understand the nuances of financing to ensure successful projects. From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. Buyers want to feel confident in the builder and their financial qualifications when building a new house.

Loans 108

Loans Finance Construction Commercial 108

The Close

APRIL 3, 2025

When you need to finance a house flip, you need a loan that offers a repayment term that fits your project timeline, can close quickly, and, of course, doesnt have unrealistic eligibility requirements. Unlike most types of fix and flip loans, it has no application fee, doesnt require an appraisal, and doesnt require income verification.

Loans 45

Loans Hard money loan Investor Finance 45

Realty Biz

JULY 20, 2022

However, once you have 20% equity in the property, you can apply to have this removed. 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. These programs are operated by nonprofits, certain banks, and housing finance agencies.

Loans 131

Loans FHA loan VA loan Renovation 131

The Mortgage Report

JUNE 9, 2025

Based in Denver, he has over 25 years of experience in the real estate and finance industries. How have recent tariffs on construction materials affected the costs of building and maintaining properties? But beyond finances, I think mindset matters. You don’t need to have a 780 credit score and 20% down to start building equity.

FHA 203k rehab loan 40

FHA 203k rehab loan FHA loan VA loan Pre-approval 40

HomeLight

SEPTEMBER 9, 2021

A tidal wave of demand was met with a sorry amount of housing supply as a result of material costs, supply chain disruptions, and years of chronic underbuilding in the new construction industry. Curious to know where your home equity stands? With my clients, we take a look at the equity position that they have.

Equity 136

Equity Mortgages Agents Sales 136

HomeLight

AUGUST 31, 2021

Does the idea of buying a fixer-upper and quickly gaining thousands of dollars in equity by making minor cosmetic repairs appeal to you? If so, then the 203k loan may offer a way to finance your plans, but first, you’ll need to know both what this loan is and how to get a 203k loan. . What’s a 203(k) loan? How does a 203(k) loan work?

Loans 104

Loans FHA loan Pre-approval Finance 104

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 31

New Construction Construction Land Title 31

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 145

Construction New Construction Land Inspection 145

Marco Santarelli

MAY 25, 2025

Consumer Jitters: The Chief Economist mentioned consumer concerns about personal finances, job prospects, and wider economic worries. Are there a lot of new construction developments finishing up? For someone who bought near the top with a small down payment, a 15-20% drop can wipe out their equity, which feels devastating.

Marketing 75

Marketing Investor As-is Equity 75

The Residential Specialist

AUGUST 31, 2023

Experts offer strategies to help clients who need to buy their next home before the sale of their original home is final By Myrna Traylor There are many reasons why a seller might want to secure the purchase of a new primary home before selling their current residence. I just did that for a transaction we closed on yesterday.

Earnest money deposit 98

Earnest money deposit Debt-to-income ratio New Construction Equity 98

McKissock

DECEMBER 28, 2021

The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. Many homes have equity available, unlike the 2008 housing collapse.

Lending 96

Lending Residential Commercial Technology 96

HomeLight

APRIL 14, 2023

A buyer may get steamrolled in today’s competitive market if they want to add the closing costs to their home financing. Can I add closing costs to my home financing? A lender may allow you to add closing costs to your home financing or to roll them into your loan. However, it doesn’t hurt to ask.

Closing costs 102

Closing costs Closing FHA loan Inspection 102

RIS Media

JULY 22, 2021

“Ideally, the costs for a home would rise roughly in line with income growth, which is likely to happen in 2022 as more listings and new construction become available.”.

Sales 98

Sales Construction New Construction Equity 98

HomeLight

JULY 6, 2023

Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan. Considering that 78% of recent buyers financed their home purchase, this contingency is fairly standard. Closed”- Consider these listings sold. 5% of contracts were terminated in 2023 according to NAR.)

MLS 105

MLS Backup offer Inspection contingency Purchase and sale agreement 105

Realtor.com

JULY 9, 2021

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. Figure out the finances. If you already own a unit and have sufficient equity, you can do a cash-out refinance on your current unit to cover the cost of the second apartment.

Pre-approval 94

Pre-approval Renovation Finance Construction 94

HomeLight

JULY 31, 2020

The program is run by the USDA, and participants work together by investing “sweat equity” to build houses for each family (6 to 12 families) in their program group. Sweat equity is required because it reduces the overall cost, helping families get one step closer to homeownership. Qualification requirements.

Debt-to-income ratio 111

Debt-to-income ratio Loans Principal Equity 111

Redfin

FEBRUARY 24, 2025

Financing and closing costs: If you’re financing the land purchase or construction, anticipate paying 2% to 5% of the loan amount in closing costs. Financing options are available but typically involve additional fees. Allocating a contingency budget helps mitigate the impact of these surprises.

Debt-to-income ratio 31

Debt-to-income ratio Construction Land Renovation 31

Marco Santarelli

JUNE 1, 2025

Broader Economic Headwinds: The report mentions consumer concerns about personal finances, job prospects, and potential tariff impacts. If you bought your home years ago, before the recent run-up, you likely have significant equity, and a 10-20% correction might only erase some of your recent gains, not your entire investment.

Marketing 52

Marketing As-is Finance Investor 52