Housing Wire

DECEMBER 22, 2023

New home sales fell month-over-month in November to their lowest level since last November. Total new home sales are expected to reach about 5% higher than last year, while sales of existing homes are down by nearly 20% year-over-year. But despite this dip, 2023 is poised to be one of homebuilders’ busiest years. This is 12.2%

Sales 446

Sales MLS Land Development 446

Housing Wire

FEBRUARY 13, 2024

According to a survey released Tuesday by John Burns Research & Consulting , the top 50 MPCs sold more than 34,600 new homes in 2023, up 24% from the nearly 28,000 sales in 2022. As a point of comparison, in the benchmark year of 2019, 31,000 new homes were purchased in the top 50 master planned communities.

Sales 454

Sales Principal Staging Construction 454

Housing Wire

NOVEMBER 22, 2023

For the fourth consecutive month , homebuilder confidence sank in November, according to the National Association of Home Builders /Wells Fargo Housing Market Index published last week. The pessimistic streak is especially notable given that the fall months have recently been lucrative for builders. 2019 level.

Closing 462

Closing Closing costs Sales Mortgages 462

Housing Wire

APRIL 16, 2024

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

Equity 427

Equity Investor Technology Industrial 427

Housing Wire

MARCH 12, 2024

The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations.

Lending 417

Lending Technology Loans Equity 417

Maximum Exposure Real Estate

SEPTEMBER 28, 2021

What to Ask a Home Builder Are you wondering what questions to ask a home builder? The possibility of owning a brand new home has obvious appeal. Many new home buyers can get the home customized, making the property even more desirable.

New Construction 145

New Construction Construction Branding 145

Keeping Current Matters

AUGUST 17, 2023

In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory.

Mortgages 208

Mortgages Marketing 208

Realty Biz

NOVEMBER 26, 2022

These are the top things that worry future homeowners when trying to find suitable home builders in their area. It can be daunting to look for builders with a sense of innovation among the hundreds you have in your town. Thus, we outlined the step-by-step guide for hiring a good home builder. Search the Internet.

Construction 85

Construction Industrial Design As-is 85

Realty Biz

JULY 28, 2022

home builders say they’re now seeing a slowdown in sales, resulting in a backlog of homes they’re struggling to sell. Sales of newly built homes fell more than 8% in June from the prior month and were down 17% from a year ago, according to a report Tuesday from the U.S. We have to work harder to sell homes.

Sales 91

Sales Investor Mortgages As-is 91

Seattle Times Real Estate

FEBRUARY 26, 2024

KB Home CEO Jeffrey Mezger speaks with AP about how the recent pullback in mortgage rates could shape the housing market this year and the challenges builders face amid rising labor and land costs.

Land 63

Land Mortgages Marketing 63

RIS Media

MAY 12, 2022

However, home builders warn of current deteriorating conditions as a sharp jump in mortgage rates in March and April coupled with ongoing building material supply chain disruptions, labor shortages and high inflation drive up housing costs. million households are priced out of the market for a nationwide median priced home, NAHB says.

Construction 98

Construction Mortgages Marketing Development 98

Housing Wire

JULY 18, 2023

For the seventh consecutive month, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report rose month-over-month , gaining one-point to a reading of 56, according to a report released Tuesday. The NAHB attributes the continued rise in builder confidence to low existing home inventory.

Sales 370

Sales Construction New Construction Finance 370

Housing Wire

OCTOBER 2, 2023

Each disruption caused “immediate and widespread” impacts on property sales, home values and consumer confidence, the National Association of Home Builders noted in a statement.

Mortgages 417

Mortgages Industrial Sales Finance 417

Housing Wire

APRIL 26, 2024

FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” the update said. Historically, mortgage lenders and originators have been prohibited from contributing to closing costs to protect borrowers.”

Closing costs 462

Closing costs Development Equity Mortgages 462

Housing Wire

OCTOBER 17, 2022

Nearly two-thirds of builders surveyed reported a year-over-year decrease in sales in September, according to the BTIG/HomeSphere State of the Industry Report published on Monday. At 63%, this is the largest share of builders to experience an annual decrease in sales in the survey’s 59-month history.

Sales 406

Sales Industrial As-is Mortgages 406

Realty Biz

MAY 27, 2021

Home builders are fending off so many interested buyers that they have had to stop signing new sales contracts in order to focus on catching up with existing orders. A survey by the National Association of Home Builders in April found that builders are dealing with the market pressure in several ways.

Construction 100

Construction Sales Agents As-is 100

Mandrona Group

AUGUST 2, 2023

Discover the right questions to ask a potential home builder so you can find the one who will help you make your dream home a reality.

79

79

Realty Biz

MAY 13, 2022

Building a new home is likely one of the biggest investments you will make, therefore it’s vital that you choose the right home builder. There are more than 400,000 home builders in the United States and, with all the options available, choosing a home builder can seem like an overwhelming task.

Inspection 71

Inspection New Construction Construction Design 71

Marco Santarelli

OCTOBER 27, 2023

In a significant development for the Florida housing market , Fischer Homes, a well-established builder from Kentucky, is making its mark in the Northwest Florida region with the acquisition of Samuel Taylor Homes. Fischer Homes, based in Erlanger, Kentucky, has long been recognized as a key player in the homebuilding industry.

Marketing 52

Marketing Construction Development Investor 52

Housing Wire

AUGUST 19, 2020

Buyer-generated content, including consumer reviews of builders, is now available on Zillow and will be viewable on builder profiles, community pages and paid new construction listings. Through a third-party partnership with Avid Ratings, reviews cannot be edited or deleted by builders.

New Construction 518

New Construction Construction Design 518

Real Estate News

JULY 18, 2023

While rising interest rates have slowed the rate of increase, confidence is at its highest level in more than a year.

As-is 242

As-is 242

Housing Wire

NOVEMBER 15, 2023

The wholesale lender will cover up to $600 of the appraisal cost on all conventional and government-backed home loans until March 31 when a broker uses UWM’s 1-0 temporary rate buydown. The escrow account is funded by either the seller, builder or lender via a lump-sum payment at closing.

Loans 427

Loans Mortgages Industrial Closing 427

Realtor.com

NOVEMBER 7, 2022

Getty Images One of the first things home shoppers learn is that the price they see on real estate listings is nearly always negotiable. And that same flexibility exists when buying a newly built home, too, in the form of builder incentives. What are builder incentives, and when are they offered?

New Construction 76

New Construction Construction Finance Closing costs 76

Realtor.com

MAY 17, 2021

Getty Images The numbers: Despite a multitude of factors making construction more challenging, home builders remained confident in the state of the housing market, according to an industry trade group. But buyers and builders alike are facing price pressure that could complicate the feasibility of sales. Toll Brothers Inc.,

Construction 92

Construction Sales Industrial Marketing 92

Realtor.com

JULY 19, 2021

welcomia/iStock The numbers: While home builders are still more upbeat regarding the real-estate market than they were a year ago, shortages of workers and construction material have not let up. Market reaction: Home-builder stocks, including Lennar Corp., Index readings over 50 are a sign of improving confidence.

Construction 91

Construction Sales Industrial As-is 91

Better Dwelling

OCTOBER 27, 2021

Canada is in the middle of a real estate boom, but home builders are feeling less confident. The Canadian Home Builder Association (CHBA) released its Housing Market Index (HMI) for Q3 2021 this week. The index, which measures builder sentiment, pulled back in the last quarter.

Construction 98

Construction As-is Marketing New Construction 98

Housing Wire

MAY 7, 2024

The company’s “Casita” product is a 361-square-foot home with a full kitchen, bathroom, living area and sleeping area. The center also estimated monthly payments of more than $5,500 for the typical home in the state. But some experts believe that financing options for ADUs need to be expanded.

Construction 446

Construction Finance Design Technology 446

Homes.com

JUNE 4, 2021

Skyrocketing lumber prices aren't the only headaches builders face these days. Analyst Lew Sichelman highlights the factors impeding new home construction. The post Why Builders Can’t Keep Up with Home Sales appeared first on Homes.com.

Sales 91

Sales Construction 91

Realtor.com

MARCH 4, 2021

10255185_880 / Getty Images Building a home is a huge investment of time and money. The exciting part: You’ll get exactly what you want in your dream home. The upshot is, you need to hire the right builder so your project goes as smoothly as possible. What does a home builder do—and when to hire one.

Design 87

Design Land As-is Construction 87

Realty Biz

NOVEMBER 29, 2021

Home builders who have been struggling to obtain key building materials such as lumber and cement now face an even more urgent priority – an acute shortage of glass for windows and doors. An October survey by John Burns Real Estate Consulting found that windows are now the major supply challenge for 63% of home builders.

Industrial 91

Industrial As-is Development 91

Better Dwelling

MAY 20, 2021

About that… The cost of building a new home has increased so fast, many developers are struggling with costs. Buyers who thought they secured a home at prices years ago, […]. The post Canadian Home Builders Are Asking Buyers For More Money To Finish Building appeared first on Better Dwelling.

Development 126

Development New Construction Construction 126

Realtor.com

JANUARY 20, 2021

The National Association of Home Builders’ monthly confidence index dropped three points to a reading of 83 in January, the trade group said Wednesday. The big picture: A combination of factors drove the decline in confidence among builders. Demand for newly-built homes is still strong.

Construction 103

Construction Sales Development As-is 103

Realty Biz

NOVEMBER 8, 2020

The cost of new homes has been steadily climbing due to rising lumber prices, but a new report says that relief could now be on the way. That’s because lumber futures are showing signs of falling, according to builders recently surveyed by Zonda , a research firm formerly known as Meyers Research.

Land 85

Land As-is Development 85

Better Dwelling

FEBRUARY 1, 2022

Canadian real estate demand is soaring, and it has builders very excited. The Canadian Home Builders’ Association (CHBA) updated its Housing Market Index, this week. The index, a leading indicator of builder sentiment, reached a new record in Q4 2021.

As-is 86

As-is Marketing Mortgages 86

Realty Biz

MARCH 29, 2021

When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. It is not uncommon to see some new housing developments advertise that they offer a builder’s warranty. Warranties for new homes are limited as to what they do cover. Is a Home Warranty Worth It?

New Construction 108

New Construction Construction FHA loan Branding 108

Realtor.com

NOVEMBER 9, 2022

Getty Images It’s a tough time to be selling a home. That’s also true for home builders, who are seeing canceled orders and dwindling interest among would-be buyers. People are clearly in sort of a wait-and-see or pause mode,” John Lovallo, a UBS analyst who covers home builders, told MarketWatch on an episode of Barron’s Live.

Development 59

Development Industrial Land Technology 59

Realty Biz

AUGUST 19, 2020

Home builders are increasingly looking to cement long-term alliances with real estate agents. Builders have become aware that they need a relationship with real estate professional to bring more qualified home shoppers to their sales offices. Of course, some real estate agents are cautious about the new home market.

Agents 78

Agents Construction Sales Industrial 78