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Massachusetts set to bar home sellers from requiring inspection waivers

Housing Wire

To support housing development, the rule exempts certain pre-sales of new construction, provided contracts are signed before substantial completion and the seller offers at least a one-year express warranty. The state also finalized the sale of 450 acres of surplus land to support development of up to 3,500 new homes.

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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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These states received top marks on their housing affordability report cards

Housing Wire

South and Midwest states lead the pack South Carolina received the highest grade in the report , an A, for proactive construction efforts that are exceeding current housing demand. Texas was recognized for its high volume of new construction, while Iowa stood out for maintaining relatively affordable home prices.

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Kiavi lands another $300M in its latest RTL securitization

Housing Wire

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). It also launched a new construction financing product for builders. billion since 2019. The company reportedly originated $6.5

Land 217
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Southern construction boom is aiding housing affordability

Housing Wire

But increased activity in residential construction , particularly in the South, is helping to alleviate affordability challenges in certain regions, according to ananalysis from First American Financial Corp. This construction boom is contributing to slower home-price appreciation and, in some cases, price declines.

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Opinion: The ripple effect on the U.S. housing market from China’s real estate crisis

Housing Wire

The real estate market in China, both commercial and residential, have been unwinding over the last few years. some luxury residential markets that saw an influx of Chinese buyers could be particularly vulnerable. This could make raising capital for new construction projects harder, and more expensive, everywhere.

Marketing 441
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Institutional buyers pumped the brakes on purchase activity in 2023

Housing Wire

The analysis is limited to resale properties and does not include new construction, which means that build-to-rent activity is excluded. Choctaw American Insurance was the only lease-to-own company to land on the list. New Western , meanwhile, also stood out as a marketplace for real estate investors.

Investor 430