Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Finance a loan, and you may lose money. Avoid financing, and you risk missing out on a sales growth opportunity. This loan type offers up to $2 million in financing.

Loans 301

Loans Mortgages Equity Construction 301

Housing Wire

SEPTEMBER 14, 2023

Demand for newly constructed homes continues to remain high as existing for-sale inventory remains historically low. Mortgage applications for new home purchases increased 20.6% in August on a year-over-year basis. Compared to July 2023, applications increased by 4%.

New Construction 397

New Construction Construction Mortgages VA loan 397

Housing Wire

FEBRUARY 10, 2025

It also closed five RTL securitizations for nearly $2 billion and expanded its product suite by launching a new construction financing product. The company said that in 2024, it increased its active customer base to more than 5,500 (up 30% from 2023).

Lending 270

Lending New Construction Residential Investor 270

Housing Wire

NOVEMBER 4, 2024

New construction inventory has grown in recent months. Homebuilders have ramped up incentives — like mortgage rate buydowns and cash rebates — to boost sales, and new-home sales rose 6.3% year over year in September.

As-is 370

As-is Marketing Construction New Construction 370

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

AAOA

MAY 26, 2025

Real estate typically requires a significant upfront investment, but what if you could buy new construction rental properties with little to no money down? Leveraging Builder Incentives to Reduce Costs One of the most significant advantages of buying new construction investment properties is the incentives builders offer investors.

New Construction 72

New Construction Construction Investor Finance 72

Housing Wire

DECEMBER 20, 2024

If you can attract someone right out of college or early in their career to stay or come to New Hampshire, apartment living is a great option for people at that stage in their life, said Rob Dapice, the executive director and CEO ofNew Hampshire Housing. Housing industry experts attribute this to the states restrictive zoning laws.

Construction 406

Construction Land Development New Construction 406

Housing Wire

MAY 16, 2024

A study released Thursday by fintech and personal finance website SmartAsset delved into Zillow data on new home sales. A key conclusion is that while new construction creates additional supply for first-time and move-up buyers alike, it comes with an additional expense. In March the average home sale price in the U.S.

Sales 440

Sales New Construction Construction Finance 440

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

Additionally, mortgage applications for new homes surged in February as a lack of existing homes for sale continued to fuel the demand for new construction. But a slight uptick in mortgage rates held back the pace of new home sales in February, according to NAHB chief economist Robert Dietz. from a year ago.

Sales 462

Sales New Construction Construction MLS 462

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 24, 2023

The uptick in the sales pace resulted in just 439,000 new homes remaining on the market at the end of the month, representing 7.9 The backlog of new construction homes continues to emerge into the market just in time for the spring shopping season,” Nicole Bachaud, Zillow ’s senior economist, said in a statement.

Sales 432

Sales New Construction Construction Mortgages 432

Housing Wire

APRIL 5, 2024

“Attractive homes are moving fast, so those looking to buy this spring should get their finances in order now, including getting pre-approved for a home loan. The increase in new listings this spring, due both to new construction and to more homeowners choosing to sell, will give buyers more options and help to ease price growth.

Pre-approval 457

Pre-approval Marketing New Construction Construction 457

Housing Wire

FEBRUARY 13, 2025

It also launched a new construction financing product for builders. The company reportedly originated $6.5 billion in loan volume last year, up 46% from 2023. Kiavi also said it boosted its active customer base to more than 5,500, up 30% from 2023. Kiavi has funded more than $23 billion in loans since its inception.

Land 213

Land Investor Principal New Construction 213

Housing Wire

JULY 9, 2024

This transition is said to build on other recent efforts by FHLBank Chicago to expand the availability of mortgage financing. VantageScore claims that the 4.0 system scores 33 million more people than more traditional credit scoring models, including 2.4 that use trended credit bureau data.

Banks 366

Banks Finance New Construction Construction 366

Housing Wire

SEPTEMBER 25, 2024

In Florida, new housing inventory has not grown significantly: the number of newly listed homes stands at 43,081, an 8.8% Florida is a top state for new residential construction, yet Florida homebuilders haven’t reported significant strides in new construction sales either. What does this mean for the future?

Investor 421

Investor New Construction Construction Residential 421

Housing Wire

FEBRUARY 12, 2024

Proprietary Capital expects to add products and gain market share across all channels after the ARF acquisition, the company said in a statement.

Lending 424

Lending New Construction Construction Finance 424

Housing Wire

OCTOBER 6, 2023

Then, we have all the traditional financing options, including jumbo.” ” Amid the challenging landscape, Guerin, from New Jersey-based AFR, said the company doubled its efforts to do more renovation loans. 1 product to help first-time homebuyers get their houses. But it is also getting creative in a down market. .”

Mortgages 473

Mortgages VA loan Finance Renovation 473

Housing Wire

SEPTEMBER 4, 2024

The plan also addresses environmental impact concerns of new construction, Rubio said, by paying attention to the floodplain of Portland’s urban center. The council has begun exploring the establishment of new tax increment financing districts in these areas.

Construction 419

Construction New Construction Finance Land 419

Housing Wire

AUGUST 5, 2024

Its partners include several independent firms that deal in residential resales and new construction marketing. Peerage offers “real estate financing, transaction services, asset management, and home improvement for purpose-built rental properties,” it explained in its announcement. and Canada.

Technology 401

Technology New Construction Residential Construction 401

Housing Wire

OCTOBER 25, 2023

According to Alicia Huey, chairman of the National Association of Home Builders (NAHB), the lack of existing inventory is the reason why more homebuyers turn to new construction. Meanwhile, the median sales price for a new house in September was $418,800, down 3.3% from $430,300 in August.

Sales 421

Sales New Construction Construction Finance 421

Housing Wire

AUGUST 16, 2024

It’s a bit more complicated for the multifamily (5+ unit) construction world as their financing isn’t so directly tied to 30-year mortgage rates, and rent growth for apartments is cooling. The existing-home sales market has been in recession since June 2022, but the new-construction sector is not there.

Construction 534

Construction Residential New Construction Finance 534

Housing Wire

NOVEMBER 7, 2024

homebuilding industry to Fannie Mae’s accomplished and diverse board, which guides the company’s efforts to responsibly expand access to mortgage credit and finance quality, affordable rental housing ,” the company said in a statement. Stowell brings nearly 40 years of experience in the U.S. Board chair Michael J. and HomeAid America.

New Construction 370

New Construction Residential Construction Industrial 370

Housing Wire

JULY 26, 2023

“The market for new homes is booming because the number of existing homes coming on the market has slowed to a two-decade low. It’s a unique housing market, unparalleled in recent years, for the active inventory to be so heavily skewed towards new construction. from a month prior, but down 3.6% compared to June 2022. “The

Sales 370

Sales New Construction Marketing Construction 370

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. The business appears durable, too.

Construction 450

Construction New Construction Lending Sales 450

Housing Wire

FEBRUARY 1, 2021

However, new construction trends do not reflect this changing preference. Of builders surveyed, 44% say that buyers’ ability to qualify for a loan is one of the biggest obstacles for taking on a new project. And 71% say that interested buyers are often unable to secure financing.

Finance 410

Finance New Construction Industrial Staging 410

Housing Wire

MARCH 1, 2024

With existing inventory down, Schuler said new construction has taken on a larger role in his market. New construction has typically averaged around 10% of active listing inventory and in our area right now, new construction has ranged anywhere between 30% to 40% of inventory,” Schuler said. 23, 2024.

Marketing 441

Marketing New Construction Construction As-is 441

Housing Wire

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. “We do not see new construction returning in a meaningful way any time soon. Our macro-outlook is that demand for housing will remain out of balance with supply for the mid to long term.

Mortgages 421

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 421

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 123

New Construction Construction Loans Design 123

Housing Wire

NOVEMBER 4, 2024

Take a look below to see the latest from last year’s winning organizations who answered the question: What new products or projects has your company taken on since its last TECH100 win? “Kiavi launched a new construction financing product.

Industrial 293

Industrial New Construction Technology Construction 293

Housing Wire

SEPTEMBER 26, 2023

However, mortgage applications for new home purchases increased 4% between July and August, the strongest pace of sales in three months. Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said.

As-is 500

As-is Sales New Construction MLS 500

Housing Wire

JUNE 21, 2024

SmartAsset, a personal finance and fintech website, ranked the 100 largest U.S. New construction may also not be keeping up with demand, hiking up the prices of existing homes. metro areas are leading the way for home-price appreciation. metro areas based on home-sale price increases during the year ending in April 2024.

New Construction 397

New Construction Construction Sales Finance 397

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. It’s fair to say that 2022 has been a depressing year for homebuilders.

Construction 384

Construction New Construction Fixed-rate mortgage Finance 384

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 29, 2024

To ensure affordable housing for all by 2050, innovative approaches to urban planning, financing, and policy must be explored. One notable approach is adaptive reuse, which involves repurposing existing buildings for new uses. The trend towards urbanization presents both challenges and opportunities for housing.

Renovation 431

Renovation Development New Construction Land 431

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 110

New Construction Construction VA loan Finance 110

HomeLight

AUGUST 17, 2022

Buying a new construction home can be intimidating. While the builder will have options to choose from, you still have to decide on a lot: Choose a floor plan, decide on upgrades, find financing, and make decisions that you may not expect to make. Find a buyer’s agent who works with new construction. Floor plans.

New Construction 124

New Construction Construction Agents Inspection 124