Broke Agent Media

MAY 10, 2023

Lawrence Yun, NAR’s Chief Economist, took to the stage to discuss the current real estate market, and what he forecasts for the residential and commercial real estate markets. But the Fed’s rate hikes have made it even more expensive to build new construction. It’s death by a thousand cuts.

Commercial 75

Commercial Marketing Residential Banks 75

HomeLight

JUNE 27, 2022

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.

New Construction 93

New Construction Construction Pre-approval Inspection 93

McKissock

JANUARY 11, 2022

While most appraisals only require a single field visit—and in some cases none—when it comes to appraising new construction, you may need to visit the property several times. In some cases, the lender may require you to visit the property and inspect it periodically during the construction phrase. Final inspection.

New Construction 96

New Construction Inspection Construction Due diligence 96

Realty Biz

AUGUST 29, 2023

Understanding the Construction Process When embarking on the journey of building a new house, it is crucial to have a solid understanding of the construction process. Buying new construction can be exciting but quickly become a nightmare. A good builder will happily explain and guide you through the various stages.

Construction 93

Construction Inspection Design Land 93

The Close

JUNE 22, 2023

While at first look this may not sound like a positive reason to jump into real estate investing, it does set the stage for some good opportunities for investors who wish to invest in vacation areas in the near future. Since then, new construction has continued to trail behind demand. And by 2060, the U.S. Unlike in Italy, U.S.

Investor 116

Investor Debt-to-income ratio New Construction Construction 116

Housing Wire

MAY 16, 2023

“New home construction is taking on an increased role in the marketplace because many home owners with loans well below current mortgage rates are electing to stay put, and this is keeping the supply of existing homes at a very low level ,” Alicia Huey, the NAHB chair, said in a statement. That share from 2000-2019 was a 12.7%

New Construction 428

New Construction Construction Sales Staging 428

Notorious ROB

APRIL 5, 2023

I had kept the initiative relatively quiet because it’s early stages, but the court kind of forced my hand. The GSE’s already allow for auction premiums to be rolled into the final sale price, which can be a conforming loan. ” If you help that client buy a house through DPX, we will pay you.

Purchase and sale agreement 97

Purchase and sale agreement MLS Brokerage Agents 97

HomeLight

OCTOBER 29, 2021

If living in a brand new house with no footprint other than yours appeals to you, you might be thinking about a new build. New construction gives you the chance to move into a house that is exactly what you want because you get to choose everything, from the builder and lot, right down to the light fixtures and bathroom hardware!

New Construction 83

New Construction Construction Inspection Development 83

HomeLight

APRIL 29, 2021

A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. Rising interest rates make it more expensive for buyers to borrow money for a mortgage loan, stymieing demand. Expect to invest more in staging, curb appeal, and light cosmetic upgrades. In the early 1970s, the U.S.

Marketing 109

Marketing Sales Agents Construction 109

HomeLight

SEPTEMBER 30, 2022

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Should I hire an agent for new construction?

Construction 108

Construction Purchase and sale agreement New Construction Inspection 108

Zillow Market Reports

NOVEMBER 22, 2023

In this report, we take a deeper look at new construction buyers — household decision makers that own their primary residence and moved to a new construction home they purchased in the past two years. Sampling & Weighting Results from this survey are nationally representative of new construction buyers.

New Construction 52

New Construction Construction Pre-approval Finance 52

HomeLight

FEBRUARY 3, 2022

With this method, you skip staging, repairs, and showings. This eliminates the processing of a buyer’s loan and home appraisal, which are typically the two most time-consuming steps in the home sale process. Stage an outdoor seating area (ranked as the #3 most-desired feature among today’s home buyers).

Pre-approval 102

Pre-approval Staging Agents Proof of funds 102

HomeLight

JULY 6, 2023

So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo? Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan. Closed”- Consider these listings sold.

MLS 98

MLS Backup offer Inspection contingency Purchase and sale agreement 98

The Close

JUNE 15, 2022

FHA loans. Staging a house 65. FHA vs conventional loans. How to get preapproved for a home loan. New constructions homes 39. Loan origination fees? Closing costs for seller 44. Best time to buy a house 64. How to choose a Realtor 25. How to sell your house without a Realtor? Curb appeal 66.

Closing costs 96

Closing costs Title Inspection Closing 96

HomeLight

FEBRUARY 14, 2022

Challenge: Competition with new construction. New construction poses a challenge to townhome sellers. New construction in the townhome world puts a lot of existing townhome owners at a disadvantage for the sale of their home, even though the inventory has been low across most of the country.”.

New Construction 99

New Construction Construction Agents Closing costs 99

Marco Santarelli

SEPTEMBER 10, 2023

Unlike buying an existing home where you have a range of mortgage products to choose from, building a house requires a construction loan. And let me tell you, securing a construction loan is no walk in the park. Take the time to carefully calculate your budget and allocate funds for each stage of the construction process.

Land 52

Land Construction Equity Finance 52

HomeLight

JULY 12, 2022

no more than $2,500 on repairs and staging. An overview of expenses sellers typically encounter includes: home repairs, staging, and other prep work. Staging the home: $1,600. Mortgage loan payoff: Varies. Those estimates apply for a property in good condition. What are common expenses for home sellers? commissions.

Seller concession 101

Seller concession Closing costs Renovation Title search 101

HomeLight

FEBRUARY 27, 2023

Now, if I were to say there’s one thing that I’ve seen in San Francisco real estate in the last 20 years that has dictated everything we do, it is simply all the new construction. Let’s stage to that target market. ” And so, the result was that we immediately took the staging out.

Sales 70

Sales Staging Purchase and sale agreement Inspection 70

HomeLight

FEBRUARY 25, 2023

Some agents are very familiar with new construction properties , while others cater to the elite and specialize in luxury properties. For example, if you have a limited income, they should be able to help you settle on a loan that’s within your budget. And that almost always means going digital.

Agents 94

Agents Sales Brokerage As-is 94

HomeLight

APRIL 26, 2023

Lightly update with new light fixtures , faucets, or cabinet hardware. Stage the home with final touches like fresh-cut flowers or a basket of fresh produce. Graham recommends staging the front porch “to give a visual for the potential buyers of seeing themselves in that home relaxing.” Refinish hardwood floors.

MLS 72

MLS Agents Sales Proof of funds 72

HomeLight

APRIL 14, 2023

You won’t have to complete repairs, stage the home, or prepare for open houses or showings. Domestic migration: He adds that most domestic buyers in Miami come from the northeast and midwest — areas within New York, Chicago, Atlanta, New Jersey, and even Texas — “just because of the geography, the same or similar time zone, and easy flights.

Sales 89

Sales Due diligence Agents Closing 89

Marco Santarelli

NOVEMBER 10, 2020

The extreme shortage of existing homes and increasing share of new home sales drove prices up. In Jan 2020, the share of new home sales in Ada County increased by 8.2% About 40% of all home sales were new constructions. Instead, most of the new construction has been single-family homes snapped up by buyers.

Marketing 138

Marketing Sales Construction Investor 138

Marco Santarelli

AUGUST 3, 2020

Many variables could potentially impact the value of a home in San Antonio in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. San Antonio’s new construction has been focused on the north side of the city, while the south side has languished.

Marketing 124

Marketing Investor Sales Construction 124

Housing Wire

FEBRUARY 1, 2021

However, new construction trends do not reflect this changing preference. Of builders surveyed, 44% say that buyers’ ability to qualify for a loan is one of the biggest obstacles for taking on a new project. Recent Fannie Mae research found that 69% say they are open to a smaller home as long as it meets their needs.

Finance 403

Finance New Construction Industrial Loans 403

Marco Santarelli

JULY 15, 2021

New infrastructure built by the city includes enhanced bus stops, dedicated bus lanes, rail improvements, and road improvements. They’re also tearing down old abandoned industrial buildings to open up large construction sites and giving tax breaks for new construction.

Marketing 98

Marketing Investor Sales As-is 98

HomeLight

NOVEMBER 21, 2022

Lightly update with new light fixtures , faucets, or cabinet hardware. Stage the home with final touches like fresh-cut flowers or a basket of fresh produce. This is a critical stage because buyers become motivated to put in offers when visualizing themselves living there. Refinish hardwood floors.

Purchase and sale agreement 82

Purchase and sale agreement MLS Pre-approval Agents 82

Marco Santarelli

JULY 24, 2020

High-end real estate sales that staged a particularly strong recovery is one of the factors behind median house sales prices hitting a new peak in June. New construction permits in all cities often lag due to community resistance which blocks new housing. to $1,805,000. Closed sales saw a decline of 8.9%

Marketing 144

Marketing Investor Sales As-is 144

Marco Santarelli

AUGUST 27, 2020

Many variables could potentially impact the value of a home in Las Vegas in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Unlike some areas, the Las Vegas housing market isn’t going to see a sharp decline in rents due to new construction.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

SEPTEMBER 21, 2020

There have been delays in closings due to financing issues as loan funding has slowed down. There are currently 273 properties in San Diego, CA that are in some stage of foreclosure (default, auction, or bank-owned) while the number of homes listed for sale on RealtyTrac is 1,979. However, construction in San Diego has stalled.

Marketing 138

Marketing Construction Investor Sales 138

Marco Santarelli

SEPTEMBER 5, 2020

Many variables could potentially impact the value of a home in Phoenix in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. You can find affordable new construction homes located in the North Phoenix neighborhood. Distressed sales accounted for 0.6%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

AUGUST 4, 2020

Many variables could potentially impact the value of a home in Houston (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. You can find many new construction houses available for sale in Houston. Most of these variables are difficult to predict in advance. .

Marketing 141

Marketing Investor Sales As-is 141

Marco Santarelli

SEPTEMBER 11, 2020

Many variables could potentially impact the value of a home in Colorado Springs in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Moreover, it's even harder to take out a mortgage for those who have student loan debt.

Marketing 105

Marketing Investor Sales As-is 105

Marco Santarelli

SEPTEMBER 22, 2020

There are currently 2,996 properties in Chicago, IL that are in some stage of foreclosure (default, auction or bank-owned) while the number of homes listed for sale on RealtyTrac is 6,918. Demand is still outpacing the supply, the new construction is slow, and competition for quality homes remains tough. percent to $170,000.

Marketing 140

Marketing Sales Investor As-is 140

Marco Santarelli

SEPTEMBER 7, 2020

Many variables could potentially impact the value of a home in Orlando in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Moreover, it's even harder to take out a mortgage for those who have student loan debt. less than the 109 distressed sales in July 2019.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 8, 2020

Many variables could potentially impact the value of a home in Naples in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Moreover, it's even harder to take out a mortgage for those who have student loan debt.

Marketing 105

Marketing Purchase and sale agreement Investor Closing 105

Marco Santarelli

JULY 27, 2020

Many variables could potentially impact the value of a home in Sacramento in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Moreover, it's even harder to take out a mortgage for those who have student loan debt. from the previous month (May).

Marketing 124

Marketing Investor Land Sales 124

Marco Santarelli

AUGUST 26, 2020

Many variables could potentially impact the value of a home in Seattle in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Moreover, it's even harder to take out a mortgage for those who have student loan debt.

Marketing 141

Marketing Investor Sales As-is 141