Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. In theory, the sales levels are lower than the data will show. What is going on here?

Sales 471

Sales Construction New Construction Mortgages 471

Housing Wire

JULY 20, 2023

With elevated mortgage rates sidelining both home buyers and sellers, existing home sales fell in June, according to the latest report from the National Association of Realtors (NAR). Sales were also down significantly from a year prior. Total existing home sales slipped 3.3% Year-over-year, sales dropped 18.9%

Sales 369

Sales MLS Construction Short sale 369

Housing Wire

OCTOBER 26, 2022

The new single-family home sales rollercoaster ride continues. After rebounding in August from a drop in July, new home sales were back down again in September, according to data released Wednesday by the U.S. Sales of new single-family homes in September were at a seasonally adjusted annual rate of 603,000, down 10.9%

Sales 370

Sales New Construction Investor MLS 370

Housing Wire

MARCH 4, 2024

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. They also boast advantageous relationships with land sellers and can command lower costs of debt. Their size and scale allow them to be more efficient in their spending.

New Construction 424

New Construction Land Construction Industrial 424

Housing Wire

JULY 16, 2024

Biden’s new plan would cap annual rent hikes at 5% for two years for landlords who manage 50 or more rental units, which the administration said would cover 20 million units, or roughly half of all rental units in the country. Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation.

New Construction 471

New Construction Construction Land Development 471

Housing Wire

APRIL 30, 2021

More than a quarter of single-family homes for sale during the first quarter were new-construction homes — nearly 26%, and March housing starts jumped nearly 20% month over month to the highest level since 2006, per the latest report from Redfin. But new builds are still an option for many throughout the country, Marr said.

New Construction 455

New Construction Construction Land Sales 455

Housing Wire

AUGUST 3, 2023

New-home sales were up nearly 24% in June year over year, according to the U.S. Meanwhile, existing-home sales plummeted by 19% in June year over year after declining by 20% in May, according to the National Association of Realtors. Also helping to propel new-home sales is a huge deficit in existing homes.

Land 370

Land Construction Development Finance 370

Housing Wire

DECEMBER 6, 2024

For example, tips on home staging for a quick sale, how to get top dollar for a property, or advice on how to improve curb appeal are all topics that a seller might be interested in. Buyers might be interested in seeing featured listings, new homes on the market and advice about the homebuying process.

Pre-approval 386

Pre-approval Design Industrial Agents 386

Keeping Current Matters

AUGUST 9, 2021

Home purchases and sales are significant drivers of economic activity. The National Association of Realtors (NAR) releases a report each year that highlights just how much economic activity a home sale generates. The post The Community and Economic Impacts of a Home Sale appeared first on Keeping Current Matters.

Sales 312

Sales Staging Construction Land 312

Housing Wire

FEBRUARY 23, 2024

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 425

Investor New Construction Land Residential 425

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 Land 370

Housing Wire

APRIL 17, 2023

The NAHB/HMI report is based on a monthly survey of NAHB members, in which homebuilders are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes. However, this is still lower than the 62% reported in December.

Banks 386

Banks Sales New Construction Lending 386

Toronto Realty Blog

APRIL 28, 2025

In any event, I’ve heard a lot about this notion of eliminating HST on new construction, and while it’s ironic that I’ve been championing this for many years and now am going to question the effectiveness of it, I think it’s a conversation that needs to be had.

Land 75

Land Construction Development Sales 75

Housing Wire

JULY 10, 2023

For-sale listings deteriorated in 95% of major U.S. New construction starts and completions were both strong in May, which is welcome news. The challenge for the Fed now is to chart a path forward toward a ‘soft landing’ without reheating the housing market and reigniting inflation,” Walden noted. markets in 2023.

Principal 400

Principal Residential New Construction Land 400

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity.

Loan Officer 386

Loan Officer Pre-approval Marketing New Construction 386

Housing Wire

DECEMBER 17, 2020

As a result of the pandemic, there has been a heightened demand for larger homes, which Kan said has driven more construction, home sales and mortgage originations.

Construction 517

Construction Land Industrial Mortgages 517

BAM Media

DECEMBER 17, 2024

Existing Home Sales: Improving slightly to 4.25 New Home Sales: A bright spot, maintaining strength at around 680,000 units annually. Existing Home Sales: Modest Recovery with Regional Nuances Existing home sales are expected to rise to 4.25 million, up 4.8% from 2024, yet near 30-year lows. million in 2025a 4.8%

Agents 103

Agents Marketing New Construction Construction 103

Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

New Construction 123

New Construction Construction Loans Design 123

Housing Wire

JULY 19, 2023

Multifamily is also in short supply, which makes land far more expensive, and keeps costs up. Homebuilders don’t have that problem in the New South. According to Altos Research , there were just 25,653 single-family homes available for sale in New York and New Jersey as of July 14. Indeed, mom.

Land 370

Land Construction New Construction Branding 370

McKissock

MAY 6, 2022

New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Be careful as you choose comparable sales.

New Construction 86

New Construction Construction FHA loan Land 86

Housing Wire

OCTOBER 21, 2020

” Even though the average home sale price in Massachusetts is the highest it’s been in the last 10 years , Lamacchia said there are bidding wars everywhere and single-family homes are “just flying off the shelves.”. “Anything right outside of Boston is going like wildfire, but especially the single-family homes.”

Marketing 545

Marketing Agents New Construction As-is 545

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.

Agents 413

Agents Construction Design Branding 413

Realtor.com

JULY 12, 2021

A good clue is the rising price of the most fundamental element in housing: the land itself. Land prices are going up everywhere,” says Ali Wolf , chief economist at Meyers Research. ” In some places, prices for undeveloped land have reached heights that would have been unimaginable just a couple of years ago. .

Land 120

Land Development Construction New Construction 120

HomeLight

OCTOBER 26, 2022

According to Florida’s Office of Economic and Demographic Research, the state gained approximately 329,000 new residents between April 2020 and April 2021. New construction is growing just as fast to accommodate the influx — in 2021, 213,494 new housing units were authorized in Florida and nearly 70% were single family homes.

New Construction 111

New Construction Construction Agents Residential 111

Toronto Realty Blog

DECEMBER 9, 2024

Unfortunately, it would be until 2021 when politicians finally jumped on this particular bandwagon: “Premier Slams Ontario Developer That Raised Condo Prices By $100K After Cancelling Sales Deals” CBC News November 22, 2021 Said Premier Doug Ford: “You signed a contract. You better build that damn house.”

Construction 105

Construction Development Land New Construction 105

Housing Wire

APRIL 26, 2023

Some markets like New Jersey don’t have land to build new homes. But in areas where new construction is strong – including Northern Virginia where Burruss is based – loan officers are taking advantage of being on builders’ preferred lender list.

Loan Officer 400

Loan Officer Mortgages Loans Closing costs 400

Housing Wire

APRIL 21, 2022

Besides questions of how to handle local zoning officials, building code bylaws, building trade unions, the cost of land, there is curiosity about who is steering the 3-D home printing ship. That’s $307,000 in non-construction costs. The construction costs themselves totaled $481,000, spread across many different expenses.

Construction 400

Construction Purchase and sale agreement Land Investor 400

Realtor.com

JUNE 24, 2021

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We were visiting some friends who had just moved into a new build in a part of South Austin that’s underdeveloped right now.

New Construction 111

New Construction Construction Due diligence Marketing 111

Marco Santarelli

FEBRUARY 28, 2025

San Diego is indeed expected to be a competitive real estate market in 2025 , landing in the top 20 hottest markets according to a recent Zillow report. The index looks at the difference between the number of jobs added over the last two years and the number of building permits issued for new homes during the same period.

Marketing 92

Marketing Pre-approval Land Staging 92

BAM Media

FEBRUARY 27, 2025

Rising land costs, increased incentives, and affordability constraints are squeezing builder margins, especially in high-inventory markets like Florida and Texas. But when the frenzy cooled in mid-2022, many builders kept sales rolling by adjusting affordability where needed. Lennar is forecasting 19.0%-19.25%

New Construction 69

New Construction Land Construction Agents 69

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.

Construction 111

Construction Sales Land New Construction 111

BAM Media

JANUARY 8, 2025

While no one has a crystal ball, there are a few housing market predictions gaining traction: mortgage rates will likely stay above 6%, commission rates might drop, there could be a slight uptick in existing homes for sale, demand for rentals is expected to climb, and its still going to be a sellers market. million new homes.

Sales 98

Sales Construction New Construction Residential 98

HomeLight

MARCH 31, 2022

According to HomeAdvisor, the national average cost to build a new home in 2022 is $283,900. Census Bureau puts the sales price of a new home higher, at an average of $496,900 in January 2022. There are plenty of reasons to build a new house rather than buy an existing one. So how much does it cost to build a house?

Construction 144

Construction New Construction Land Finance 144

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 119

Brokerage New Construction Commercial Land 119

Realtor.com

FEBRUARY 1, 2023

Housing starts, which is when construction has begun but not yet completed, are expected to fall to about 744,000 single-family homes in 2023 as builders continue to pull back, according to the National Association of Home Builders forecast. New homes are typically more expensive than older ones. What Gives?

New Construction 70

New Construction Construction Mortgages Land 70

Redfin

JUNE 10, 2025

The oldest cities have the oldest homes – and too little new construction. However, behind the appeal lies a growing issue: America’s housing stock is aging fast, and new construction isn’t keeping up. A slowdown in new construction brought on by the Great Recession has accelerated the aging process.

New Construction 57

New Construction Construction Sales Development 57

RIS Media

OCTOBER 4, 2024

With seven offices and over 50 affiliated sales associates, the family-owned brokerage offers real estate services in residential, commercial, new construction, land development and rental properties… The post Multi-Office Louisiana Brokerage Joins Better Homes and Gardens® Real Estate appeared first on RISMedia.

Brokerage 105

Brokerage New Construction Commercial Land 105