Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?

Due diligence 404

Due diligence Marketing Mortgages New Construction 404

Realtor.com

JANUARY 17, 2023

Getty Images One of the reasons many homebuyers are drawn to buying a brand-new home is that they often get to choose many of the home’s features to suit their tastes. But with new construction, you can call the shots on countertops, fixtures, flooring, paint colors, and so much more to make your home feel like, well, you!

New Construction 94

New Construction Construction Design As-is 94

Realtor.com

JANUARY 2, 2023

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

New Construction 105

New Construction Construction Pre-approval Inspection 105

Realty Biz

APRIL 12, 2023

Buying a new construction home involves a different process than buying an existing home, and some people wonder if they need a real estate agent at all to buy one. While you technically do not need a realtor to represent you when you buy a new construction home, there are a few reasons it would be in your best interest to do so.

New Construction 52

New Construction Construction Inspection Finance 52

Housing Wire

JULY 26, 2023

In June, the sales pace of new homes fell 2.5% On a year-over-year basis, however, new home sales were up 23.8%. That more or less lined up with mortgage application data for new builds , which showed demand up 26% year-over-year in June but down 5% from May. from a month prior, but down 3.6% compared to June 2022.

Sales 370

Sales New Construction Marketing Construction 370

Norada Real Estate

JANUARY 27, 2023

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. They are the owner and seller.

New Construction 52

New Construction Construction Probate sale Investor 52

Realty Biz

MARCH 1, 2022

residential real estate market. The two most probable and quickest are likely to be an increase in building material costs that is countered by a smaller increase in mortgage rates. For the time being, lower mortgage rates appear to be a bright spot in the real estate market. Photo by David McBee on Pexels.com.

Residential 84

Residential Construction Investor New Construction 84

RIS Media

MARCH 18, 2022

She added, “Builders are working feverishly to get new construction and move-in ready homes on the market, but it’s going to take time for inventory to rise enough to curb runaway price growth. Homeowners may be worried about rising interest rates, since they make a new mortgage considerably more expensive.

Residential 98

Residential New Construction Equity Construction 98

Realtor.com

NOVEMBER 7, 2022

. “You will find these incentives explained on websites, social media, signs, and other places a builder might advertise to the public,” explains Kimberly Mackey , founder of New Homes Solutions and a sales and marketing management consultant specializing in residential homebuilding.

New Construction 76

New Construction Construction Finance Closing costs 76

Housing Wire

JANUARY 6, 2022

In November 2021, the supply of homes for sale nationwide as a percentage of occupied residential inventory remained near historic lows at 1.19% — meaning only 119 in every 10,000 homes were for sale — much lower than the historical average of 2.5%. The majority of the supply of homes for sale come from existing homes, not new construction.

Construction 493

Construction New Construction Equity Sales 493

Redfin

AUGUST 25, 2020

A surge in homebuilding before the pandemic is now driving growth in new-home sales. A shift to the suburbs and record-low mortgage rates are also contributing factors. Meanwhile, the supply of new-construction homes for sale slid 28.4%, representing the largest drop since at least 2013, when Redfin began recording this data.

New Construction 67

New Construction Construction Sales Residential 67

Realty Biz

AUGUST 3, 2021

Silverton Mortgage , a leading direct residential mortgage lender, announced its newest partnership with clover & hive , a new home builder that offers a modernized and simplified approach to home buying with pricing starting in the low $300s. Vanderbilt Mortgage and Finance, Inc., Silverton’s 36th location.

Mortgages 103

Mortgages Residential Loans Banks 103

Keeping Current Matters

JUNE 15, 2021

At the same time that fewer people are listing their homes, more and more people are trying to buy them thanks to today’s low mortgage rates. When it comes to new construction , builders are trying to do their part to bring more newly built homes into the market. This represents a supply of 4.4

New Construction 256

New Construction Construction Residential Sales 256

Marco Santarelli

OCTOBER 26, 2023

In the realm of real estate, the desire for mortgage rates to return to the 3% range and bidding wars for new listings may remain unfulfilled. Buyers and sellers are closely watching mortgage rates. This migration is contributing to job formation and strengthening both residential and commercial sectors.

Marketing 96

Marketing New Construction Construction Residential 96

Housing Wire

JUNE 29, 2021

Of the 2,546 residential properties in Otay Ranch, 942—or nearly 40% of them—possess high hazard risk. San Diego, in particular, has seen the expansion of new construction and development into the wildlands, thus exposing a greater number of homes to the susceptibility of wildfire.

Residential 269

Residential New Construction Development Construction 269

Keeping Current Matters

MARCH 10, 2021

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Mortgage standards are nothing like they were back then. During the housing bubble, it was difficult not to get a mortgage. Some may think new construction is filling the void.

Equity 261

Equity New Construction Construction Short sale 261

The Residential Specialist

FEBRUARY 27, 2024

New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. New construction is always seen as much more expensive.

Construction 97

Construction Inspection New Construction Residential 97

Propmodo

APRIL 23, 2024

The program’s humble origins date back to 2008 in Berkeley, California, when it was a residential financing option called PACE. Projects were larger in 2023, and the loans filled larger pieces of borrowers’ construction budgets because they could raise capital quickly. I wouldn’t bet against New York City,” Rapaport said.

Lending 62

Lending Commercial Finance New Construction 62

Housing Wire

FEBRUARY 8, 2024

With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad.

Agents 404

Agents Construction Design Branding 404

Housing Wire

JUNE 6, 2023

All 12 Federal Reserve districts have seen issues with a lack of housing inventory , which is largely due to existing homeowners holding back on listing their homes after previously locking in low mortgage rates. New York – The residential sales market has been strong across the District.

Residential 424

Residential Construction Finance Sales 424

Marco Santarelli

APRIL 11, 2024

Cons: High mortgage rates: Interest rates have come down a bit from 2023, but they're still relatively high. Residential Housing Market: The residential housing market , on the other hand, continues to grapple with high mortgage rates and home prices , amidst a historically low housing stock.

Commercial 52

Commercial Investor Residential New Construction 52

Realty Biz

APRIL 19, 2024

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. The 30-year fixed-rate mortgage rate was at 6.6 At the beginning of March 2024, the 30-year fixed mortgage's annual percentage rate (APR) was 7.24

Marketing 90

Marketing Fixed-rate mortgage Construction Residential 90

Realty Biz

JUNE 1, 2024

Are you looking to launch a New York real estate business? Whether you’re looking to become a broker or agent for commercial and residential real estate, there are important steps to consider. A career in New York real estate can be satisfying, lucrative and exciting. Occupancy Permits.

Commercial 86

Commercial Residential Inspection Finance 86

Keeping Current Matters

APRIL 7, 2021

” Mike Fratantoni, Mortgage Bankers Association : “We fully expect that this pace of job gains will continue for months, and anticipate that the unemployment rate, now at 6%, will be well below 5% by the end of the year.” ” What does this mean for residential real estate? .” 37,000 gain from Feb to March.

Marketing 213

Marketing Construction Residential Industrial 213

Broke Agent Media

MAY 10, 2023

Regarding the residential real estate market, Yun forecasts that mortgage rates will drop to around 6% by the end of 2023 and below 6% in 2024. 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.

Commercial 75

Commercial Marketing Residential Banks 75

Realty Biz

MARCH 5, 2021

After a short slump at the very beginning of the COVID-19 pandemic, the residential home market quickly recovered and prices soared most of 2020. Price increases were primarily due to ultra-low mortgage rates, strong buyer demand, and a limited number of houses for sale. But we should always keep an eye open to changes on the horizon.

Development 106

Development Marketing Residential Principal 106

Marco Santarelli

NOVEMBER 1, 2023

The Looming Threat of a Housing Market Crash Fears of a housing market crash are looming large, casting a shadow of uncertainty as mortgage interest rates hover near 8%. Their message highlighted a concerning fact – mortgage interest rates have surged to a 23-year high, dragging down application activity to levels last witnessed in 1996.

Marketing 52

Marketing Fixed-rate mortgage Construction Residential 52

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. The expansion comes amid a surge in mortgage rates and declining loan origination volume.

Mortgages 382

Mortgages Loans Lending Construction 382

Housing Wire

MAY 6, 2024

HUD also seeks to transition away from the discontinued Fannie Mae Form 1009, the residential loan application for reverse mortgages, to Form 1003, the Uniform Residential Loan Application (URLA). The associations also request that HUD give HECM lenders at least 120 days before implementing the new forms, the letter said.

VA loan 414

VA loan Principal Loans Residential 414

RIS Media

MAY 17, 2021

Yun led an in-depth virtual session titled Residential Economic Issues and Trends Forum during NAR’s 2021 REALTORS® Legislative Meetings & Trade Expo on May 13. According to Yun, new construction is ramping up, and ongoing progress in national vaccination is improving confidence to list homes.

Marketing 113

Marketing New Construction Mortgages Title 113

RIS Media

SEPTEMBER 24, 2021

The Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA) recently released a report—” The Impact of Climate Change on Housing and Housing Finance “—which shows that climate change will be adding stress to “the complex system of allocating risks across housing and housing finance stakeholders.

Finance 94

Finance Investor New Construction Mortgages 94

RIS Media

SEPTEMBER 21, 2021

District: Greater Albuquerque, New Mexico. Addison relocated from Hawaii to practice law and real estate in New Mexico. She is a highly experienced REALTOR® in estates, investment, residential and trust properties. She began her real estate career 16 years ago, focusing on new construction sales. Melissa Gibbens.

Loan Officer 88

Loan Officer New Construction Brokerage Principal 88

McKissock

DECEMBER 10, 2021

Redfin predicts a more balanced residential market in 2022. They look at forecast models from seven different industry leaders: Zillow, Goldman Sachs, Redfin, Corelogic, Fannie Mae, Freddie Mac, and the Mortgage Bankers Association. As the end of the year approaches, housing market predictions for 2022 abound.

Marketing 79

Marketing New Construction Equity Construction 79

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. “The Despite the elevated mortgage rates , homebuilders’ sales have increased this year. Census Bureau data. compared to a year ago.

Mortgages 424

Mortgages Construction New Construction Residential 424

Housing Wire

MAY 5, 2022

Mortgage rates are increasing and demand is beginning to level out. The residential real estate market is shifting, creating uncharted territory for lenders who’ve relied on a housing boom and refinancing to keep them in business. The days of 45-60 day processing times in mortgage lending will simply not satisfy, nor survive.

Mortgages 370

Mortgages Technology Lending New Construction 370

McKissock

NOVEMBER 20, 2020

Become a certified residential or certified general appraiser. Appraising a custom luxury home is a complex residential appraisal assignment. So, at a minimum, you must be a certified residential or certified general appraiser. Here are helpful tips on how to become a luxury real estate appraiser.

Residential 72

Residential New Construction Days on market Construction 72

Realtor.com

DECEMBER 20, 2022

The supply of homes available for renters is limited by the lack of new construction and the influx of would-be buyers who can’t afford a home of their own due to high for-sale prices and mortgage interest rates.

New Construction 68

New Construction Construction Residential Development 68