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The Southern housing markets poised to become boomtowns

Housing Wire

in new construction, 7.2% in land use change, 0.8% in builder/developer land, 4% in recent build and 1.1% Places poised for growth but not at the top of the list include Albuquerque, New Mexico, and Madison and Milwaukee Wisconsin, which have all seen recent land use changes. Lakeland measured 4.6%

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Here are the cities that lead the nation in new-home construction

Housing Wire

A new report from Consumer Affairs combines data from the U.S. Census Bureau and Zillow to find which cities have the most new-construction activity and sales. Houston , which has fewer land-use regulations than most cities, ranked first in both permits and sales of newly built homes at 11,047 and 1,314, respectively.

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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

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Developer sues Denver over requirement to pay into affordable housing fund

Housing Wire

The company, redT Homes , states that it’s the Denver areas only residential real estate development company […] offering a full suite of services, ranging from land acquisition and entitlement to design, architecture, and construction along with real estate-focused marketing and sales.

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Kiavi lands another $300M in its latest RTL securitization

Housing Wire

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.

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As the lock-in effect eases, the market for new homes is shrinking

Housing Wire

NAR data shows that the annualized rate of existing-home sales dropped 1% from August to September, landing at 3.84 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% million units.

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Housing production and land regulation expert explores potential affordability solutions

Housing Wire

Salim Furth joins Simonsen to share his expert opinions on the current housing crisis and the various factors that impact new development in certain cities. His research focuses on housing production and land usage at the local level. Next, the conversation shifts to affordable housing solutions.

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