Housing Wire

JANUARY 27, 2025

New home sales continue to be a bright spot in a dismal housing market. Census Bureau and Department of Housing and Urban Development shows new-home sales registering at a seasonally adjusted annual rate of 698,000, good for a 6.7% Even better, new home sales for the calendar year 2024 are estimated at 683,000, which is 2.5%

Sales 455

Sales New Construction MLS Mortgages 455

Housing Wire

MAY 21, 2025

that have long been viewed as a refuge for affordable homeownership are now grappling with rising prices , limited inventory and increasing competition pressures once thought unique to urban housing markets. Mortgage rates have climbed from historic lows to more than double that in just a matter of years, Vehige said. of homeowners.

New Construction 352

New Construction Banks Lending Construction 352

Housing Wire

MAY 29, 2025

New-home sales have been a bright spot in housing markets across the country that have been struggling for years with high mortgage rates and low inventory. But the benefits of newly built homes are spread unevenly, as markets in the South tend to have more construction than other regions.

Construction 338

Construction New Construction Land Sales 338

Housing Wire

NOVEMBER 4, 2024

loanDepot has signed a new joint venture agreement with Smith Douglas Homes , a top-50 homebuilder with a solid book of business in the Southern states.

Purchase and sale agreement 296

Purchase and sale agreement Mortgages New Construction Lending 296

Housing Wire

APRIL 21, 2025

home sellers offered concessions to buyers in near-record numbers during the first quarter of 2025 as rising housing costs , high mortgage rates and growing economic uncertainty continued to reshape the real estate landscape. According to a new report from Redfin , 44.4% Thats up from 39.3% at the start of 2023. Miami (down 13.1

Seller concession 424

Seller concession Purchase and sale agreement Closing costs New Construction 424

Housing Wire

JANUARY 16, 2025

Mortgage and property tax payments are not the only expenses that prospective homeowners need to consider. Compared to existing homes , new homes were much more likely to include HOA fees, In fact, 69.9% of new construction homes required buyers to pay HOA dues, compared to only 38.2% of existing homes. from 2023. .

New Construction 386

New Construction Construction Mortgages Sales 386

Housing Wire

FEBRUARY 4, 2025

They explore forecasts for the 2025 housing market, key macroeconomic trends to monitor, solutions to the housing affordability crisis and more. To start the conversation, Divounguy dives into the past two years of economic developments and how they impact today’s housing market. So, both are happening together.

New Construction 369

New Construction Mortgages Construction Sales 369

Housing Wire

OCTOBER 25, 2024

Davis believes that by aligning with the right lender and expanding product offerings, originators can position themselves as valuable partners in a shaky market. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. The Fix-and-Flip program is great to serve to investors and tap into that market.

New Construction 425

New Construction Investor Construction Loans 425

Housing Wire

SEPTEMBER 14, 2023

Demand for newly constructed homes continues to remain high as existing for-sale inventory remains historically low. Mortgage applications for new home purchases increased 20.6% MBA’s survey tracks application volume from mortgage subsidiaries of homebuilders across the country. in August on a year-over-year basis.

New Construction 400

New Construction Construction Mortgages VA loan 400

Housing Wire

AUGUST 1, 2023

Zillow Group ‘s new-construction listings will be automatically syndicated to Redfin. The deal between the listing platforms comes as new construction listings form roughly 30% of the housing sales market. New single-family home sales rose 23.8%

New Construction 370

New Construction Construction Brokerage Agents 370

Housing Wire

JANUARY 15, 2025

The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction. The study claims that the crisis can be traced back to the early 2000s when subprime lending activities were prevalent.

Lending 400

Lending New Construction Staging Construction 400

Housing Wire

JANUARY 24, 2025

Existing home sales finished 2024 on a high note after a dismal year for the housing market. Current homeowners who are locked into low mortgage rates and are staying in their homes longer are keeping the supply of existing homes low. New construction has not been able to keep up with demand. million, a 9.3%

Sales 366

Sales New Construction MLS Construction 366

Housing Wire

MARCH 18, 2025

Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits.

Construction 408

Construction Residential Sales New Construction 408

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. In Birmingham, ERA King Real Estate agent Anna-Maria Ellison said that even without lower mortgage rates, she is seeing buyers return to the market. “It New construction is backed up,” she said.

New Construction 413

New Construction Construction Agents Development 413

Housing Wire

JANUARY 17, 2025

This means more homes on the market and more options for home buyers, which is good news for a housing market that has been underbuilt for over a decade, Odeta Kushi , First Americans deputy chief economist, said in a statement. According to data released Friday by the U.S. from November and 0.8%

Construction 386

Construction New Construction MLS As-is 386

Housing Wire

MARCH 24, 2025

26 in Dallas, provided valuable insights into the forces shaping the mortgage and housing markets in 2025. Dark Matter Technologies makes it a priority to stay ahead of these trends, ensuring our clients have the right tools to scale efficiently when market conditions change. The HousingWire Economic Summit, held Feb.

Technology 368

Technology Loan Officer Loans Banks 368

Housing Wire

APRIL 7, 2025

That’s according to the latest Mortgage Monitor report from ICE Mortgage Technology. An early look at March data from the enhanced ICE Home Price Index (HPI) shows that home prices are softening across the country, which ICE says is largely driven by stabilized mortgage rates , which have been holding around 6.6%-6.7%

FHA loan 280

FHA loan New Construction Mortgages Technology 280

Housing Wire

DECEMBER 21, 2023

Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac ‘s Primary Mortgage Market Survey. Some prospective homebuyers were simply priced out of the market.

Mortgages 503

Mortgages Fixed-rate mortgage MLS New Construction 503

Housing Wire

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Others allocated resources into digital marketing (31.1%), automation technology (26.7%) and market data (19.3%). Home price gains hit a new high , rising 0.6%

Mortgages 425

Mortgages Marketing Banks New Construction 425

Housing Wire

DECEMBER 2, 2020

Additional lockdowns and quarantines due to COVID-19 could put a dent in housing inventory and sales, potentially slowing down the market and putting increased pressure on buyers, the forecast said. The 2021 housing market will be much more ‘normal’ than the wild swings we saw in 2020,” said realtor.com’s Chief Economist Danielle Hale. “The

Marketing 526

Marketing Construction New Construction Equity 526

Housing Wire

FEBRUARY 1, 2023

Borrower demand for home loans increased in the first three weeks of 2023, sparking optimism among mortgage industry executives and loan officers. According to the MBA , mortgage applications decreased 9% across the board for the week ending January 27 compared to the week prior. Meanwhile, applications for refinancings fell by 7%.

Fixed-rate mortgage 386

Fixed-rate mortgage Mortgages Marketing Loan Officer 386

Housing Wire

OCTOBER 18, 2024

Since mortgage rates have headed higher again, I was anticipating that today’s housing starts report would be the last decent print before the effects of higher mortgage rates hit the builders, but even this report was disappointing. However, mortgage rates shot up again after the Federal Reserve cut rates on Sept.

Construction 367

Construction New Construction Residential Mortgages 367

Housing Wire

JANUARY 13, 2025

mortgage lender loanDepot announced the promotion of regional sales director Bart Evans to regional vice president for the Southeast region. The new regional vice president brings a bit more to his role than executive mortgage experience. With the heart of an athlete, Evans will bring strong work ethic to his new role.

Lending 370

Lending New Construction Mortgages Construction 370

Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. housing market has surged by more than $2.6 Fueling this increase is new construction, according to Divounguy, even though the 1.3%

Marketing 517

Marketing New Construction Finance Construction 517

Housing Wire

FEBRUARY 29, 2024

Mortgage rates continued to trend up this week and dampen homebuyer momentum. The 30-year fixed-rate mortgage averaged 6.94% as of Feb. 29, an increase from last week ’s figure of 6.90%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday.

Mortgages 477

Mortgages Fixed-rate mortgage New Construction Construction 477

Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. In addition, more for-sale inventory will likely be available on the market.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

Housing Wire

MARCH 13, 2025

As the 2025 spring homebuying season begins, the national housing market continues to struggle with supply shortages. 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.

Construction 318

Construction Residential New Construction Land 318

Housing Wire

AUGUST 18, 2020

The Census report on new construction showed a whopping 22.6% This means we can add housing starts to our growing collection of V-shaped recovery charts for the 2020 housing market. Added to this we have the lowest mortgage rates ever. This is essentially the perfect storm for the housing market.

Marketing 546

Marketing New Construction Construction Sales 546

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% The 15-year fixed-rate mortgage averaged 5.76% this week, down from 5.87% the prior week.

Fixed-rate mortgage 531

Fixed-rate mortgage Mortgages New Construction Construction 531

Housing Wire

NOVEMBER 22, 2023

Mortgage rates dropped significantly in the last few weeks, but the cost of borrowing remains high prompting many homebuyers to wait for even lower rates. The 30-year, fixed mortgage rate averaged 7.29% for the week ending Nov. 22, according to Freddie Mac ‘s Primary Mortgage Market Survey.

Mortgages 455

Mortgages New Construction Construction Sales 455

Marco Santarelli

JANUARY 22, 2025

The Florida housing market is undeniably hot right now, making headlines with a record-breaking $285 million new construction home hitting the market. According to Realtor.com , this ocean-to-lake estate is poised to shatter records as the most expensive new construction single-family home in the country.

New Construction 98

New Construction Construction Pre-approval Design 98

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. Mortgage rates have nearly doubled to around 6.5% We do not see new construction returning in a meaningful way any time soon. Will Savage, an LO at PMC Mortgage.

Mortgages 425

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 425

Housing Wire

APRIL 5, 2024

Against that backdrop, Zillow identified prime markets for first-time homebuyers , and half of them were nestled in the Midwest. Headwinds like mortgage rates , low inventory and rising rents are still strong, but easing,” Zillow Senior Economist Orphe Divounguy, said in a statement.

Pre-approval 463

Pre-approval Marketing New Construction Construction 463

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. We were up year over year in inventory , but we were at a 25 year low on new listings.” In mid-June 2023, the statewide 90-day average Altos Market Action Index score hit a high for year of 53.99, before sliding down to a trough of 40.03 in mid-January 2024.

Marketing 446

Marketing New Construction Construction As-is 446

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “There is too much distraction in the market; there are some negative folks out there.

Mortgages 477

Mortgages VA loan Finance Renovation 477

Housing Wire

DECEMBER 19, 2023

New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Single-family building activity drove November residential construction activity. Despite the elevated mortgage rates , homebuilders’ sales have increased this year. Department of Housing and Urban Development and U.S.

Mortgages 436

Mortgages Construction New Construction Residential 436

Housing Wire

OCTOBER 19, 2021

Purchase mortgage applications for new homes were down 16.2% in September compared to a year ago, according to Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data released on Tuesday. The estimated pace of new home sales decreased 3.5% The estimated pace of new home sales decreased 3.5%

VA loan 413

VA loan FHA loan Mortgages Loans 413