Housing Wire

AUGUST 15, 2023

With strong demand and limited options for existing homes, many homebuyers are turning to new construction. Mortgage applications for new construction home purchases increased 35.5% in July on a year-over-year basis, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data.

New Construction 370

New Construction Construction FHA loan Mortgages 370

Housing Wire

OCTOBER 25, 2024

Ground-up construction growth will be high to meet the population growth and meet the demand due to limited inventory. New construction volume levels have increased to 10-year highs with a percentage share of 33%. Deephaven offers an advantage and competitive edge with our Ground-Up Construction loan.

Investor 430

Investor New Construction Construction Loans 430

Housing Wire

JANUARY 16, 2025

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% But the report noted that existing homes were outpacing new homes for growth in the percentage of listings that include HOA dues. .

New Construction 387

New Construction Construction Mortgages Sales 387

Housing Wire

JULY 8, 2025

Wood Christies International Real Estate — said that new construction is helping to bring down expensive homeowners insurance rates that have led to buyer apprehension. “The state also has had a lot of new insurers entering the market, and people are actually getting lower quotes. .

Agents 427

Agents Marketing New Construction Construction 427

Housing Wire

APRIL 18, 2025

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. Buying a new construction home is an exciting but complex process.

Purchase and sale agreement 338

Purchase and sale agreement New Construction Construction Closing costs 338

Housing Wire

MARCH 7, 2025

I think that we’ve underbuilt for 13 years in this country and in this state, so definitely, new construction is in order, she said. I’m just concerned about the price of new construction when we rely so much on imported goods for building these homes.

Marketing 386

Marketing New Construction Construction Development 386

Housing Wire

OCTOBER 18, 2024

We had a good few months of positive builder confidence data for the new home sector and positive purchase application data for existing home sales.

Construction 370

Construction New Construction Residential Mortgages 370

RIS Media

OCTOBER 18, 2024

According to the bureau’s September Monthly New Residential Construction report,… The post Positive Signs: Single-Family New Construction, Permits Rise in September appeared first on RISMedia. Department of Housing and Urban Development bears that sentiment out.

New Construction 111

New Construction Construction Residential Development 111

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% in August on a year-over-year basis. Compared to July 2023, applications increased by 4%.

New Construction 403

New Construction Construction Mortgages VA loan 403

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. Absolutely not!

New Construction 98

New Construction Construction Pre-approval Design 98

Housing Wire

MAY 20, 2025

Anchor Home specializes in high-end residential sales, staging, new construction consultations and renovation strategies. Hays, a Maryland native with 19 years in real estate, has a background in new construction and specializes in active adult communities, downsizing and first-time homebuyers.

New Construction 331

New Construction Renovation Principal Construction 331

Housing Wire

JANUARY 27, 2025

Still, higher new home sales doesnt begin to offset the gap left by existing-home sales, which were at an almost 30-year low in 2024 at 4.06 Home builders were able to offer prospective buyers concessions, including rate buydowns, to entice them to new home communities.

Sales 460

Sales New Construction MLS Mortgages 460

Housing Wire

MARCH 24, 2025

It excludes new construction homes , foreclosure sales, auction sales, non-arms-length transactions, bank/corporate/government acquisitions, invalid quit claims and outlier sale prices (defined as below $10,000 or above $10 million). Zillow said only this subset of off-MLS transactions was included in the analysis.

MLS 493

MLS Sales New Construction Construction 493

Housing Wire

MAY 29, 2025

But the benefits of newly built homes are spread unevenly, as markets in the South tend to have more construction than other regions. A new report from Consumer Affairs combines data from the U.S. Census Bureau and Zillow to find which cities have the most new-construction activity and sales.

Construction 308

Construction New Construction Land Sales 308

Housing Wire

JANUARY 30, 2025

For example, 30% of purchase transactions were new construction last year. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors. And, its focusing on areas like construction, non-QM, the fix-and-flip and second lien production.

New Construction 303

New Construction Construction Marketing Equity 303

Housing Wire

JANUARY 24, 2025

New construction has not been able to keep up with demand. It is going to take years before we are back at that level, maybe not even until the 2030s. Current homeowners who are locked into low mortgage rates and are staying in their homes longer are keeping the supply of existing homes low. Available existing homes for sale fell to 1.15

Sales 362

Sales New Construction MLS Construction 362

Housing Wire

MAY 21, 2025

New construction, a potential solution to inventory shortages, is also hard to finance in rural regions. Despite being technically eligible for government loan programs, the report shows that new homes are rarely funded through them due to strict guidelines and higher perceived risk by lenders.

New Construction 334

New Construction Banks Lending Construction 334

Redfin

JULY 9, 2025

The decision between new construction and an existing home can be a difficult one for both first-time buyers and seasoned property owners alike. Key takeaways New construction homes pros include modern design, energy efficiency, lower maintenance, and customizable options. What is a new construction home?

New Construction 62

New Construction Construction Renovation Closing costs 62

Housing Wire

JUNE 13, 2023

While state lawmakers are currently debating rent control legislation as one potential answer to the issue, the Massachusetts Association of Realtors (MAR) is advocating to increase housing construction instead, according to reporting by the Massachusetts’ State House News Service.

Construction 387

Construction New Construction Agents Design 387

Keeping Current Matters

FEBRUARY 5, 2024

Finding the right home is one of the biggest challenges for potential buyers today.

New Construction 360

New Construction Construction Agents 360

Housing Wire

MARCH 10, 2025

This was driven by an increase in both single-family and multifamily construction. Importantly, new construction activity outpaced household formations for the first time since 2016. .” The company’s analysis found that in 2024, home completions grew to 1.6 million, the highest level in nearly two decades.

Construction 350

Construction New Construction Closing As-is 350

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 403

Lending New Construction Staging Construction 403

Housing Wire

JANUARY 17, 2025

While new construction picked up between November and December, there are still headwinds in the homebuilding sector, Lisa Sturtevant, the chief economist at Bright MLS , said in a statement. Despite the declines, single-family starts and permits jumped 3.3% month over month to annual paces of 1.05

Construction 388

Construction New Construction MLS As-is 388

Housing Wire

NOVEMBER 4, 2024

New construction inventory has grown in recent months. Homebuilders have ramped up incentives — like mortgage rate buydowns and cash rebates — to boost sales, and new-home sales rose 6.3% year over year in September.

As-is 370

As-is Marketing Construction New Construction 370

Housing Wire

APRIL 21, 2025

Its super common to see seller concessions for condos and new-construction townhomes, but less so for single-family homes unless the single-family home has been sitting on the market for a while, said Stephanie Kastner, a Redfin Premier agent in Seattle. That figure nearly doubled from 36.4%

Seller concession 426

Seller concession Purchase and sale agreement Closing costs New Construction 426

Housing Wire

DECEMBER 5, 2024

.” “Daniel has been a top producer in the Carolinas for years and his expertise in construction lending will be a great addition,” said Corey Caster, Highlands’ executive vice president and chief production officer.

Residential 377

Residential Construction Loans Mortgages 377

Housing Wire

JANUARY 30, 2025

New construction The reverse mortgage industry has, for a while, aimed to communicate the potential benefits of the Home Equity Conversion Mortgage ( HECM ) for Purchase program as a mechanism for securing a new home by using a reverse mortgage. Some feel like homes arent built like they used to be.

Inspection 274

Inspection Mortgages New Construction Equity 274

Housing Wire

JUNE 16, 2025

To support housing development, the rule exempts certain pre-sales of new construction, provided contracts are signed before substantial completion and the seller offers at least a one-year express warranty. Failure to provide it constitutes a violation of state consumer protection law for any party acting in a business context.

Inspection 345

Inspection Pre-approval Development New Construction 345

Real Estate News

MAY 20, 2024

With many owners of existing homes hesitant to give up their low mortgage rates, new homes continue to account for an outsize share of the market.

New Construction 307

New Construction Construction Sales Mortgages 307

Housing Wire

JANUARY 14, 2025

” Nikol Solares Solares brings 20 years of experience in luxury development, new construction sales and marketing to her new role. The veteran development executive established herself as one of the premier brokers in the South Florida region.

Brokerage 370

Brokerage Development New Construction Agents 370

Housing Wire

NOVEMBER 4, 2024

Smith Douglas Homes’ approach to the new construction market is perfectly aligned with loanDepot’s commitment to serving the needs of first-time homebuyers,” said Dan Peña, executive vice president of national joint ventures for loanDepot.

Purchase and sale agreement 297

Purchase and sale agreement Mortgages New Construction Lending 297

Real Estate News

JANUARY 17, 2025

Housing starts were way up for the year, and prospects look good heading into 2025 but the economy and policy decisions could present some challenges.

New Construction 261

New Construction Construction 261

Housing Wire

JUNE 2, 2025

But the city, which requires payment into a dedicated affordable housing fund upon the commencement of new construction , is stifling the companys ability to contribute to the areas housing inventory, the company claims. This is according to local news outlet Denverite and HousingWire ‘s review of the federal court complaint.

Development 340

Development Construction New Construction Land 340

Housing Wire

FEBRUARY 4, 2025

Even if we had a massive increase in that number of new listings, that would not be enough to get affordability to get the kind of price declines that we need. What that tells me is that we really need more housing supply coming from new construction. But ultimately, the big lever here is mortgage rates.

New Construction 367

New Construction Mortgages Construction Sales 367

Inman

JULY 2, 2025

Robust new construction activity and subdued homebuyer demand has led to an inventory boom in 22 of the 50 largest markets, with metros in the South and on the West Coast seeing active inventory double compared to 2019.

New Construction 160

New Construction Marketing Construction 160

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Construction loans Inventory levels in the real estate market arent what they used to be. Now, construction homes dominate purchase transactions in the market. Why is that important?

Loans 312

Loans Mortgages Equity Construction 312

Housing Wire

FEBRUARY 24, 2023

The uptick in the sales pace resulted in just 439,000 new homes remaining on the market at the end of the month, representing 7.9 The backlog of new construction homes continues to emerge into the market just in time for the spring shopping season,” Nicole Bachaud, Zillow ’s senior economist, said in a statement.

Sales 441

Sales New Construction Construction Mortgages 441