RIS Media

APRIL 19, 2024

In a mixed bag for housing, mortgage applications for new homes jumped in March, while new-construction sales simultaneously fell amid affordability woes, according to the Mortgage Bankers Association (MBA). Mortgage applications for new-home purchases rose 6.2%

Sales 80

Sales Mortgages New Construction Construction 80

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Balancing supply and demand is a delicate dance between new construction and existing properties.

Due diligence 360

Due diligence Marketing Mortgages New Construction 360

Housing Wire

JULY 20, 2023

“Still, the ongoing shortage of previously owned homes for sale has been a detriment to homebuyers looking to take advantage of declining rates. Homebuilder sentiment rose for the seventh consecutive month and new construction activity slightly pulled back as the cost of materials picked up.

Mortgages 308

Mortgages Fixed-rate mortgage New Construction Construction 308

Housing Wire

NOVEMBER 3, 2023

Not available anywhere else in the industry today, consumers can gather inspiration on social media networks like Pinterest, upload photos of their dream home and homegeniusIQ, homegenius Real Estate’s proprietary technology, will instantly analyze the photos and present homes with similar features.

Closing costs 351

Closing costs Short sale Technology New Construction 351

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.

Sales 92

Sales New Construction Construction Development 92

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. We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. Existing home sales are down 19.9% year-over-year.

Mortgages 412

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 412

Housing Wire

JANUARY 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers.

Agents 423

Agents Equity New Construction Days on market 423

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.

Sales 281

Sales Construction Staging Residential 281

Housing Wire

FEBRUARY 8, 2024

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. In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals. Jane Doe specializes in luxury markets.”

Agents 385

Agents Construction Design Sales 385

Housing Wire

DECEMBER 3, 2020

Steven Caporale, founder and principal of Accel Realty Partners in Boise, has been in the industry for 25 years and said he’s never seen the housing market look like this. “In In Ada County specifically, where Boise is located, the number of homes for sale dropped from 1,697 last October to just 355 in October 2020, a 79% decline.

Marketing 532

Marketing New Construction Construction Principal 532

Marco Santarelli

APRIL 6, 2024

in homes for sale, closely followed by Austin, TX, with 18.1%. Adaptation in Construction: The construction industry, faced with challenges precipitated by the pandemic, has adapted remarkably. Where Recovery Takes Root San Antonio leads the charge with a remarkable surge of 27.1%

Marketing 111

Marketing New Construction Construction Equity 111

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?

New Construction 67

New Construction Construction Development Industrial 67

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.

New Construction 66

New Construction Construction Agents As-is 66

Keeping Current Matters

MARCH 11, 2021

Here’s what a few industry experts have to say about the housing market and how it will bloom this season. One other potential bright spot for would-be homebuyers, new construction , which has risen at a year over year pace of 20% or more for the last few months, will provide additional for-sale inventory relief.”.

Marketing 262

Marketing New Construction Construction Sales 262

Housing Wire

JUNE 3, 2021

The overall housing index hit its lowest point since February, said Joel Kan, the Mortgage Bankers Association ’s associate vice president of economic and industry forecasting. Tight housing inventory, obstacles to a faster rate of new construction, and rapidly rising home prices continue to hold back purchase activity,” said Kan. .”

Mortgages 329

Mortgages Construction New Construction Sales 329

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. Let’s take a closer look. Inflation and Interest Rate Hikes Hamstring Borrowers.

Industrial 83

Industrial Mortgages New Construction Lending 83

Housing Wire

MAY 30, 2023

New construction could be the beacon of light the housing market desperately needs right now, as home builders are gaining confidence amongst rising sales, hopefully soon to translate to more residential construction breaking ground in the coming months.”

Mortgages 398

Mortgages Fixed-rate mortgage Construction New Construction 398

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. Due to long-run interest rates pulling back over the past month, Fannie Mae ‘s latest forecast projects total home sales to be 5.72 million – up from 4.42

Mortgages 406

Mortgages Fixed-rate mortgage Loans New Construction 406

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 322

Lending Banks Technology New Construction 322

RIS Media

APRIL 19, 2024

The white-glove full-service company assists clients in a wide range of real estate transactions, including assistance with luxury residential listings, ranch and rural properties, new construction, commercial sales, land sales and… The post Oklahoma Brokerage Affiliates with Better Homes and Gardens Real Estate appeared first on RISMedia.

Brokerage 82

Brokerage New Construction Commercial Land 82

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?

New Construction 370

New Construction Construction Development Sales 370

Housing Wire

SEPTEMBER 22, 2023

However, a silver lining in the subdued housing market is the strength in new-home sales. On the production side, the mortgage business is in recession because the levels of existing-home sales are back where they were at the end of the great financial crisis at around 4 million units. That’s very low historically.

FHA loan 435

FHA loan Bankruptcy Marketing Loans 435

RIS Media

MARCH 28, 2024

Homebuyers are continuing to turn to new construction as the antidote for a continued lack of existing homes for sale. While new-home mortgage applications only rose 1% from… The post MBA: New-Home Mortgage Applications Surge Nearly 16% in February appeared first on RISMedia.

Mortgages 104

Mortgages New Construction Construction Sales 104

Housing Wire

MARCH 26, 2024

With each day that passes in the new year, as a direct result of the delinquency transition rates, we are seeing more and more credit card collection cases being filed across the United States. If they have the ability to work remotely, that flexibility expands their potential search area for a new house.

Equity 424

Equity Loans Bankruptcy New Construction 424

Marco Santarelli

APRIL 21, 2024

This development comes on the heels of a challenging period, with existing-home sales plummeting to a near-30-year low in 2023 due to escalating costs. While prices for new construction and land remain robust, the condominium market is experiencing a downturn, driven in part by the burden of high mortgage rates.

Mortgages 105

Mortgages Marketing New Construction Land 105

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. As the next graph shows, there were too many homes for sale in 2007, and that caused prices to tumble.

Equity 258

Equity New Construction Construction Short sale 258

RIS Media

MARCH 31, 2021

” Of the new construction being built, many of them are more energy efficient and have more technology integrated into the homes. The post United Country Real Estate: New-Home Construction Sales Boosting Inventory appeared first on RISMedia. For more information, please visit www.unitedcountry.com.

Construction 104

Construction Sales Land New Construction 104

Housing Wire

JUNE 27, 2023

New home sales in May rose 12.2% Sales of new single‐family houses came in at a seasonally adjusted annual rate of 763,000, according to estimates released jointly Tuesday by the U.S. They now supply about 30% of the residential sales market. The average sales price for new homes was $487,300.

Sales 362

Sales New Construction Construction Residential 362

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.” The National Association of Realtors (NAR) reports that existing-home sales dropped 17.8% in 2022, the weakest showing since 2014.

Marketing 407

Marketing FHA loan Loans Mortgages 407

Housing Wire

OCTOBER 21, 2020

However, due to the narrow industry focus of the job losses, this downturn has proved much different than what the economy saw in 2009. MBA Associate Vice President of Industry Analysis Joel Kan explained that current inventory rests at just a three-month supply. million,” he said. MBA forecasts mortgage originations to total $3.18

Mortgages 397

Mortgages FHA loan Fixed-rate mortgage Loans 397

Realty Biz

APRIL 19, 2024

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. Redfin reported that in January 2024, the American median home sale price was approximately $402,000. This average increased by 5.1

Marketing 91

Marketing Fixed-rate mortgage Construction Banks 91

Housing Wire

APRIL 26, 2023

Bridge loans are popular among his clients since they allow homeowners to tap into their equity when buying a home, as well as a professional mortgage where buyers in a specific industry can make a 10% down payment without mortgage insurance, Parkinson explained. Some markets like New Jersey don’t have land to build new homes.

Loan Officer 393

Loan Officer Mortgages Loans Closing costs 393

RIS Media

OCTOBER 28, 2020

Last month, Zillow made an announcement that was not much of a surprise to many across the industry: The portal-turned-iBuyer officially formed its own real estate brokerage, Zillow Homes. In order to gauge the industry’s reaction to the news, RISMedia launched a survey , gathering the insights of over 2,000 real estate professionals.

Brokerage 75

Brokerage Industrial Agents New Construction 75

Realty Biz

SEPTEMBER 27, 2023

a global industry leader and the most recognized name in real estate*, has continued its expansion in New York state with the affiliation of Patchogue-based Anchor Real Estate of Long Island, Inc. Gina is known for her knowledge of new construction, interior design, and condo transactions. Century 21 Real Estate LLC.,

Branding 98

Branding Brokerage New Construction Industrial 98

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? Finally, the last closely watched trend in the housing market is construction activity.

Construction 382

Construction Closing New Construction Agents 382

Realty Biz

OCTOBER 4, 2022

Engel & Völkers of East Greenwich announced today that Vickie Pizzarelli has joined its brokerage as a real estate advisor, where she specializes in new construction, residential sales, foreclosures, and short sales. She is a member of the Massachusetts Association of Realtors and the National Association of Realtors.

Brokerage 107

Brokerage Short sale Residential New Construction 107

Realty Biz

MARCH 11, 2022

This has prompted many in the industry to regard Boise as the nation’s hottest housing market. Out of the top 100 metros in the US, Boise saw the largest increase in for-sale inventory year-over-year (+42.61%) by far and the second largest increase in total sales year-over-year (+45.18%).

Marketing 96

Marketing New Construction Construction Sales 96