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Livabl portal aims to build up new construction market

Inman

Zonda, a technology company that leverages extensive data resources to deliver enterprise software to commercial homebuilders, has released a front-end system for finding new-construction homes. The website is called Livabl.

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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like? Balancing supply and demand is a delicate dance between new construction and existing properties. territories.

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LenderPulse Q4 2023 survey: Mortgage pros still see opportunities in the housing market

Housing Wire

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 373
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New home sales rose 12% in May

Housing Wire

Strong new home sales have gotten the new construction industry back on track to deliver much-needed inventory for this undersupplied market. They now supply about 30% of the residential sales market. Still, Zillow economists said, there are signs that the existing home sales market might be growing.

Sales 356
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Why Purchasing New Construction Can Be a Smart Move for First-Time Homebuyers

Realtor.com

Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes.

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Fannie Mae’s chief economist on housing market outlook

Housing Wire

The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. However, a silver lining in the subdued housing market is the strength in new-home sales. They were withdrawing volatility from the market, and they were lowering rates to benefit consumers.

FHA loan 419
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Hover brings 3D digital twins to new construction projects

Realty Biz

Proptech startup Hover , which has created technology that uses smartphone photos to build digital twins of properties, is expanding its capabilities to include blueprint uploads. In other words, it now supports both existing homes (through smartphone photos) and new constructions.