Housing Wire
FEBRUARY 22, 2022
The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Many people are referring to this time as a ‘profitless boom’ for the building industry. Many people are referring to this time as a ‘profitless boom’ for the building industry.
Housing Wire
MAY 6, 2024
HUD also seeks to transition away from the discontinued Fannie Mae Form 1009, the residential loan application for reverse mortgages, to Form 1003, the Uniform Residential Loan Application (URLA). The associations also request that HUD give HECM lenders at least 120 days before implementing the new forms, the letter said.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
RIS Media
AUGUST 16, 2023
After a surprising decline in housing starts that perplexed pundits earlier in the summer, new construction ticked up last month, according to the latest new residential construction data from the U.S. Buoyed… The post New Construction Rebounds With 3.9% Census Bureau.
Housing Wire
JUNE 27, 2023
Strong new home sales have gotten the new construction industry back on track to deliver much-needed inventory for this undersupplied market. They now supply about 30% of the residential sales market.
Housing Wire
FEBRUARY 4, 2022
As a whole, the construction sector is still 85,000 jobs below its February 2020 level. On a brighter note, residential construction added 3,600 jobs and the number of residential specialty trade contractor jobs rose by 800. Residential building construction employment is up 5.3% below,” Kushi said.
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.
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. What is Covered in a New Construction Warranty?
Expert insights. Personalized for you.
384 
Let's personalize your content