Keeping Current Matters

MARCH 11, 2021

Spring is almost here, and many are wondering what it will bring for the housing market. Here’s what a few industry experts have to say about the housing market and how it will bloom this season. This suggests more inventory will be for sale in late 2021 and into the spring selling season in 2022.”. Bottom Line.

Marketing 267

Marketing New Construction Construction Sales 267

Marco Santarelli

APRIL 6, 2024

The tumultuous wave of the COVID-19 pandemic swept across the housing market landscape, leaving in its wake a trail of unprecedented shifts. However, amidst this flux, there are pockets of resilience—housing markets that have not only weathered the storm but have emerged stronger, with inventory levels surpassing pre-pandemic benchmarks.

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Marketing New Construction Construction Equity 111

Housing Wire

JULY 20, 2023

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 6.78% as of July 20, down from last week ’s 6.96%. On the other hand, homebuilders have an edge in today’s market, and incoming data shows that homebuilder sentiment continues to rise.”

Mortgages 325

Mortgages Fixed-rate mortgage New Construction Construction 325

Real Trends

MARCH 29, 2023

Builders responded in kind, gearing up the development of new homes to meet the growing demand. There was one problem, we were already at a new home deficit, making the new home market incredibly competitive. New homes began to linger on the market. The new homes on the market today are top-of-the-line.

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New Construction Construction Banks Development 89

Housing Wire

NOVEMBER 3, 2023

homegenius Real Estate understands the need to deliver differentiated value in a very congested market. The homegenius Home Price Index combines market information, valuation data and advanced machine learning techniques to analyze home price data and identify trends for regions, towns and neighborhoods. To learn more, click here.

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Closing costs Short sale Technology New Construction 365

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. The National Association of Realtors (NAR) reports that existing-home sales dropped 17.8% in November, down from a 9.2%

Marketing 404

Marketing FHA loan Loans Mortgages 404

Housing Wire

JANUARY 23, 2024

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. Will we get more inventory?

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Agents Equity New Construction Days on market 430

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. ” The Fed’s short-term rate does not directly impact long-term mortgage rates but it does steer market activity to create higher rates and reduce demand. year-over-year.

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Mortgages Loan Officer Pre-approval Fixed-rate mortgage 412

Housing Wire

FEBRUARY 8, 2024

And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales.

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Agents Construction Design Branding 392

RIS Media

MAY 23, 2023

New home sales increased for the seventh straight month in April due to low inventory pushing an increase of demand into the new construction market. Census Bureau, new home sales rose to a rate of 683,000, 4.1% above… The post New Home Sales Continue 7-Month Rise appeared first on RISMedia.

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Sales New Construction Construction Development 105

Marco Santarelli

APRIL 21, 2024

housing market , marking a pivotal moment for homeowners and prospective buyers alike. According to Freddie Mac , rates surpassed 7% for the first time in 2024, posing concerns for the already strained market. While immediate prospects may appear daunting, there is hope for a resurgence in the housing market in the coming years.

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Mortgages Marketing New Construction Land 105

Realty Biz

APRIL 19, 2024

How long can the US real estate market sustain elevated home prices? If it can’t, when is a market correction due? The US market can only keep home prices high for a short time. However, an imminent correction will strongly depend on regional housing market conditions and job market growth. What’s the key takeaway?

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Marketing Fixed-rate mortgage Construction Residential 90

Keeping Current Matters

OCTOBER 14, 2020

Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Mark Fleming, Chief Economist for First American , just reported : “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market.

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Sales Construction Staging Residential 282

Housing Wire

NOVEMBER 25, 2020

The pandemic has shifted the pecking order of the real estate industry’s location-location-location axiom for many homebuyers — high-cost and high-density urban is out, while suburban is back in vogue and rural is experiencing a bit of a revival. counties with at least 10 online REO auction sales through the first 10 months of 2020.

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Investor Marketing Renovation New Construction 545

Marco Santarelli

MAY 2, 2024

The housing market continues to be a tale of two cities, with expensive coastal areas experiencing a surge in home values, while more affordable markets see a more balanced approach. This trend is highlighted in the latest Zillow March 2024 Market Report, revealing a clear link between limited inventory and skyrocketing prices.

Marketing 52

Marketing New Construction Construction Mortgages 52

Housing Wire

MAY 30, 2023

Low inventory , maintained by an extremely low level of new listings coming onto the market, has fueled demand amongst the few buyers who can afford to stay shopping. As inventory remains a challenge in this market, so too will affordability be rocked by stubbornly high prices that aren’t looking to move drastically any time soon. “As

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Mortgages Fixed-rate mortgage Construction New Construction 400

Housing Wire

JUNE 3, 2021

However, despite fluctuating sub-3% mortgage rates, borrowers are still competing in a supply strained and overheated market. Home prices continue to accelerate while inventory remains low and new home construction cannot happen fast enough,” said Sam Khater, Freddie Mac’s chief economist. Even though rates have been below 3.2%

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Mortgages Construction New Construction Sales 344

Housing Wire

JUNE 30, 2022

The housing market has undergone a significant transformation over the past two years. While a booming market kept brokers busy in 2021, the 2022 housing market has been underscored by rising interest rates, inflation and geopolitical turbulence. John Gibson: SVP, National Sales Director; Wholesale & Correspondent Lending.

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Lending Banks Technology New Construction 338

Housing Wire

DECEMBER 20, 2022

Lower mortgage rates helped to increase borrowers’ demand for home loans last week, which in turn drummed up optimism for the mortgage industry at the end of 2022. Economists believe that if the trend continues, the market will be able to improve in the second half of 2023. . ” Uptick in applications . .

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Mortgages Fixed-rate mortgage Loans New Construction 404

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. Though the policy has been credited with saving consumers billions of dollars, the insurance industry says it comes at the expense of accurate underwriting and actual pricing risks.

Marketing 362

Marketing Debt-to-income ratio Agents Construction 362

Housing Wire

MARCH 26, 2024

Then, the housing market takes off like a rocket with home values exceeding all expectations. If any of this resonates with your personal experience in the current market, you have officially entered the realm of interacting with homeowners in the post-pandemic economy.

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Equity Loans Bankruptcy New Construction 423

Realty Biz

OCTOBER 11, 2022

Like any industry, the real estate market goes through countless ups and downs. More exactly, changes to mortgage rate affordability and scarcity of homes for sale are having a major impact on the real estate industry. Is A Market Stabilization Coming? Let’s take a closer look. percent from the previous year.

Industrial 82

Industrial Mortgages New Construction Lending 82

GeekEstate

APRIL 22, 2024

My name is Istvan Fehervari, and I’m the Founder & CEO of Homebourse, the New Construction Hub. Numerous services and initiatives exist to address specific needs, such as offering local listings of new construction projects or facilitating online offer submissions. What problem does your product/service solve?

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New Construction Construction Development Industrial 69

Housing Wire

FEBRUARY 8, 2022

Supply-side” solutions that focus on new construction and the preservation of the existing housing stock are equally important. The supply of homes for sale is limited as well. At the beginning of 2022, active home sale listings fell below 500,000 for the first time. The quantity of new, entry-level homes has?

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New Construction Construction Development Sales 370

Keeping Current Matters

APRIL 7, 2021

Today, the biggest challenge for homebuyers is the lack of homes currently for sale. The latest jobs report gives hope for new housing construction, and therefore brings hope to buyers as well. This raises the prospect for more home building and more inventory reaching the market in the upcoming months. Bottom Line.

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Marketing Construction Residential Industrial 217

Realty Biz

MARCH 11, 2022

You might have thought I was off my rocker if I told you Boise, ID was the fastest growing real estate market in the country over the last 2-4 years. This has prompted many in the industry to regard Boise as the nation’s hottest housing market. However, there’s plenty of data to suggest that Boise’s market has room for growth.

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Marketing New Construction Construction Sales 95

HomeLight

MAY 23, 2022

The latest signs say we’re due for a surge in new construction as governments big and small look to balance the nation’s housing supply. This week on The Walkthrough , agent Danielle Seifert says now’s the time to consider making new construction a priority in your real estate business. New construction.

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New Construction Construction Agents As-is 65

Broke Agent Media

MAY 16, 2023

BAM Key Details: The results of a new Opendoor survey reveal an inconsistency in housing market expectations, along with areas where buyers and sellers can meet in the middle. Data from a new Opendoor survey is shedding some light on how buyers and sellers see the housing market, what their top concerns are, and what they can agree on.

Marketing 98

Marketing Purchase and sale agreement Construction Equity 98

Marco Santarelli

FEBRUARY 2, 2023

Real estate market analysis involves evaluating the current market conditions and trends in a particular geographic area to determine the demand and supply of properties, as well as the overall economic conditions that may impact the real estate market. How to Do Real Estate Market Analysis in 2023?

Marketing 98

Marketing Investor Days on market Sales 98

Housing Wire

APRIL 26, 2023

Another tactic is to capitalize on newly built homes – a silver lining in the inventory-lacking market – which now account for a third of available inventory, double than normal levels, according to Redfin. LOs do something new In an environment where every deal counts, some go niche.

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Loan Officer Mortgages Loans Closing costs 392

Keeping Current Matters

MARCH 10, 2021

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Home sales and prices were both up substantially over the year before. Home sales and prices were both up substantially over the year before. Today, it’s tough to qualify.

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Equity New Construction Construction Short sale 263

Housing Wire

MAY 16, 2024

As homebuyers continue to grapple with a lack of existing homes for sale, the market for new homes continues to see strong demand, and some areas of the country — including Sun Belt states — are producing new homes at a relatively rapid rate. In March the average home sale price in the U.S. Dallas was No.

Sales 361

Sales New Construction Construction Finance 361

Marco Santarelli

NOVEMBER 1, 2023

The Looming Threat of a Housing Market Crash Fears of a housing market crash are looming large, casting a shadow of uncertainty as mortgage interest rates hover near 8%. As concerns grow, investors are advised to closely monitor the housing market's unpredictable fluctuations. economy and the real estate market.

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Marketing Fixed-rate mortgage Construction Residential 52

Housing Wire

JUNE 10, 2022

Based in New Jersey, Esser and her team have been recognized as the No. 1 agent in Tenafly, New Jersey and the No. Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? Of course, the answer is about why this is not the same market — in any way — to post 2008.

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Construction Closing New Construction Agents 382

Broke Agent Media

MAY 10, 2023

Regarding the residential real estate market, Yun forecasts that mortgage rates will drop to around 6% by the end of 2023 and below 6% in 2024. He also expects home sales to increase in 2024 after bottoming out this year. But the Fed’s rate hikes have made it even more expensive to build new construction.

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Commercial Marketing Residential Banks 75

Real Trends

MARCH 2, 2022

Even as the COVID-19 pandemic destabilized the economy, the 2021 housing market was the hottest ever recorded in U.S. Millennial homebuyers enter this scorching-hot housing market as the largest share of home buyers among all generations, and many of them plan to use a real estate agent. The takeaway.

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Marketing New Construction Closing costs Agents 103

RIS Media

MARCH 31, 2021

With inventory continuing to be at record lows in 2021, a new trend is developing in the real estate market regarding new-home construction. ” Of the new construction being built, many of them are more energy efficient and have more technology integrated into the homes.

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Construction Sales Land New Construction 111