Rochester Real Estate

NOVEMBER 5, 2015

The best new construction advice is to ask to review the warranty early on. Importance of builders’ warranty when buying a new home A builder’s warranty is essential when purchasing a new or recently constructed home. Final Thoughts When buying new construction, it is always wise to review the warranty.

Purchase and sale agreement

Marco Santarelli

MAY 22, 2025

This means that while the situation is improving, buyers still don't have the abundance of choices they once did, and this limited supply continues to put upward pressure on prices in many markets, especially in high-demand cities where new construction struggles to keep pace. Buyer Demand: Is It Still Going Strong?

Marketing

Housing Wire

NOVEMBER 25, 2024

Jung Choi, a principal research associate at Urban Institute , added to Dworkin’s sentiment. The most recent development for HUD was announced last week when Trump appointed Scott Turner , the former executive director of the The White House Opportunity and Revitalization Council , to serve as its next secretary.

Technology

BAM Media

MARCH 5, 2025

With builders already facing rising costs, uncertainty around tariffs is adding pressure to both new construction and the broader housing market. The latest round of tariffs on Canadian, Mexican, and Chinese imports just took effect on March 4, which could add $7,500 to $10,000 to the cost of building a new home.

Construction

Marco Santarelli

MAY 26, 2025

Regional differences are playing a huge role: Region Price Trend Key Factors My Two Cents Northeast Stronger price gains Income growth, severe shortage of homes (Forbes) This region has older housing stock and less new construction, making any available home highly contested. through 2025. What does this mean for buyers?

Equity

Housing Wire

DECEMBER 3, 2020

Steven Caporale, founder and principal of Accel Realty Partners in Boise, has been in the industry for 25 years and said he’s never seen the housing market look like this. “In New construction continues to take more and more of our market,” Dopp said. The demand is clear — the Boise housing market has just 0.3

Marketing

Housing Wire

APRIL 25, 2023

On a year-over -year basis, however, new home sales are still down 3.4%. Buyers have begun to adjust to the elevated mortgage rate levels, especially in areas where home prices have adjusted downwards to compensate,” Kelly Mangold, the principal of RCLCO Real Estate Consulting , said in a statement. This represents 7.6

Sales

Housing Wire

JANUARY 18, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.460 million units, down 4.3% Looking ahead, homebuyers who may be looking to purchase a new construction home may continue to struggle with lack of inventory in 2024, as the overall estimated number of building permits issued in 2023 was down 11.7%

New Construction

Housing Wire

MAY 6, 2024

MBA and NRMLA each state that they are generally supportive of the proposed changes, which include wholesale revisions to the lender table for the best estimate of the total cost of a refinancing to the borrower, as well as increases to the borrower’s principal limit.

VA loan

Housing Wire

SEPTEMBER 14, 2023

That record provides pool-level aggregate information about the extent of loans and unpaid principal balance (UPB) dollars that are in low- and moderate-income areas, with a chart illustrating the percentage of loans, percentage of UPB of ESG-flagged pools and/or loans and totals of the total portfolio over the last 12 months.

Principal

Housing Wire

JULY 10, 2023

New construction starts and completions were both strong in May, which is welcome news. As of June 22, with 30-year rates at 6.67%, the principal and interest (P&I) payment needed to buy the median-priced home rose to $2,258, marking the highest payment on record. For-sale listings deteriorated in 95% of major U.S.

Principal

Housing Wire

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. “We do not see new construction returning in a meaningful way any time soon. Our macro-outlook is that demand for housing will remain out of balance with supply for the mid to long term.

Mortgages

Realtor.com

OCTOBER 15, 2020

However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. So, before closing on a new-construction home, here are some things you need to consider. You shouldn’t expect to have any problems in a new home for a long time.

New Construction

Housing Wire

AUGUST 3, 2023

million loans service, with approximately $500 billion in unpaid principal balance. The Detroit-based lender closed the second quarter with $900 million cash-on-hand and $6.4 billion of mortgage servicing rights. Rocket’s mortgage servicing portfolio included more than 2.4 billion on an annualized basis. What’s ahead for Q3?

Loans

Housing Wire

SEPTEMBER 13, 2024

We typically don’t take principal agents who’ve been in the business for less than five years, but we’re always open to conversations. JA: We are in a brave new world as of Aug. 17 with the new rules related to the NAR settlement taking effect. You know, things move fast these days.

Brokerage

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” Most of the temporary rate buydowns offered through FBC are paid for by builders, he said. “We

Marketing

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

HomeLight

DECEMBER 31, 2021

It’s calculated by taking the current value of your home minus your principal balance and the total of any additional liens that must be paid off before selling the property. But if you don’t have any additional liens to account for, simply take your home value minus your unpaid principal to estimate your home equity.

Equity

RIS Media

JANUARY 26, 2022

What the industry is saying: “New home sales lagged behind year ago levels by a notable amount, finishing the year down from 2020, but easily exceeding 2019’s total (683k). Residential market sentiment remains relatively strong, and there is much to remain optimistic about.” – Kelly Mangold, principal, RCLO, Real Estate Consulting.

Sales

RIS Media

MARCH 16, 2022

Prior to signing on, principals Eric Walstrom and Alex Irrer built Alexander Real Estate into the number one brokerage firm in Detroit’s downtown market and the number one broker for new construction and adaptive-reuse developments, the company stated.

Brokerage

RIS Media

SEPTEMBER 21, 2021

“The pace of new construction reflected homebuilder shifts toward higher margin projects amid fluctuating costs. As millennials—the largest generation in our country’s history—came of age during the last 10 years, new construction volume lagged, creating a shortage of 5.2 million new homes.

Construction

Realty Biz

DECEMBER 18, 2023

Lingrove's goal is to revolutionize and reduce the carbon footprint of the trillion-dollar market for renovation and new construction materials, creating interiors that are not only aesthetically pleasing but also environmentally friendly. This is achieved by replacing plastics, metals, and wood with a renewable-sourced alternative.

Principal

RIS Media

SEPTEMBER 21, 2021

Aviles caters to Spanish and English-speaking clients and specializes in assisting first-time home buyers, new construction projects and land purchases. She began her real estate career 16 years ago, focusing on new construction sales. He hopes to bring together a community based on trust, authenticity and transparency.

Loan Officer

Realtor.com

OCTOBER 28, 2020

According to Trent, the builder’s risk policy covers only new construction, not the existing structure. government determines we are at war, and your home is destroyed as a result of the war, you will not be covered,” says John Espenschied , agency principal at InsuranceBrokersGroup.com.

Renovation

Toronto Realty Blog

SEPTEMBER 23, 2024

Freeland and notes in the National Post article: But now the 30-year availability will apply to both new buyers and people buying new construction homes. Previously, the government had announced that they would extend amortization periods from 25 years to 30 years but only for new construction.

Mortgages

RIS Media

SEPTEMBER 7, 2021

Melanie Thompson, Principal Broker, Century 21 Real Estate, Ashburn, Virginia: The truth is, buyers are as worn out as we are at the moment. But with new construction lagging, and no signs of it picking up, I don’t see any inventory solutions on the horizon.

Equity

Realty Biz

DECEMBER 27, 2023

If you can't find any online in this day and age, there is likely a reason!" - Gaetano Marra, broker/owner of Better Homes and Gardens Real Estate Gaetano Marra Home Spend 25% of your take-home income on the mortgage payment , including principal, interest, taxes, and insurance.

Principal

Realtor.com

AUGUST 26, 2020

“People don’t have as much money to spend on mitigating the effects of natural disasters,” says John Rollins , who specializes in catastrophe-exposed properties as a principal at Milliman, an actuarial and consulting firm. This year, lumber prices were up more than 125% since mid-April, even before the disasters.

Construction

Realty Biz

JUNE 1, 2023

Now known as Next Real Estate Group ERA Powered and Next New Homes Group ERA Powered, the boutique brokerage serves the greater Sacramento area in all types of residential real estate sales with a specialty in new construction sales. Individual agents focus on traditional resale sales, new home sales or a hybrid of the two.

Branding

HomeLight

JULY 31, 2020

The amount of payment for principal, interest, taxes, and insurance will be determined by calculating which amount is higher: 24% of the applicant’s adjusted annual income, or multiplying the principal and interest to 1% of the Rural Development loan, plus taxes and insurance. Applicants are not required to put down a down payment.

Debt-to-income ratio

Calculated Risk Real Estate

JULY 10, 2023

New construction starts and completions were both strong in May, which is welcome news. . “Unlike Austin, for-sale inventory is moving the other direction in much of the country. However, most projects underway in the month were 5+ multi-family units, as opposed to single-family residential (SFR) units.

Mortgages

Realty Biz

MARCH 30, 2022

Following are excerpts from our recent conversation with Chris Masiello, CEO, Better Homes and Gardens Real Estate The Masiello Group in New England; Danielle Bade, Principal Broker and Vice President, Better Homes and Gardens Real Estate Realty Partners in Portland, Ore. & & BHGRE Northwest Living in Bend, Ore. ;

Inspection

Realty Biz

DECEMBER 21, 2021

He has lived in Yuma since 2003 and has a diverse background and knowledge in residential and commercial construction, commercial and new construction sales, and more. He works with buyers and sellers, “from first-time buyers to representing builders on new construction homes” and has been a multi-million dollar producer.

Agents

Calculated Risk Real Estate

FEBRUARY 5, 2025

After a historic tightening in 2021, multifamily occupancy has been slowly but consistently easing for over three years amid an influx of new inventory. 2024 saw the most new apartment completions since the mid-1980s, and with nearly 800 thousand units still in the construction pipeline, the supply boom has runway to continue into 2025.

Principal

HomeLight

DECEMBER 30, 2021

Monthly principal and interest payment. Certificates of occupancy are issued by a relevant building or zoning authority for the area, and while they’re a must for new construction homes, they’re often reissued when the property title changes hands. New construction documents. all that good stuff.”. Interest rate.

Purchase and sale agreement

Realtor.com

JANUARY 30, 2023

The historic brownstones and new construction throughout the city are popular with both renters and buyers. This is the least expensive, dense urban city on the West Coast,” says Kim Minasian Sparks , the principal real estate broker and rental broker at Team Arrive Portland at Neighbors Realty.

Mortgages

RIS Media

MARCH 25, 2022

With just one week of inventory, an uptick in seasonal activity is not possible here in Portland,” said Danielle Bade, principal broker and vice president, BHGRE Realty Partners & BHGRE Northwest Living. New Construction: . Homes sell as soon as they come on the market.

Pre-approval