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. ” Data from Realtor.com confirms this. through 2025.

Equity

Housing Wire

APRIL 25, 2023

New home sales posted yet another increase in March, rising 9.6% This is the fourth straight month of new home sales increases. On a year-over -year basis, however, new home sales are still down 3.4%. On a year-over -year basis, however, new home sales are still down 3.4%. This represents 7.6

Sales

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 In Ada County specifically, where Boise is located, the number of homes for sale dropped from 1,697 last October to just 355 in October 2020, a 79% decline.

Marketing

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

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. The number of existing home sales reflects how the housing sector has been impacted by the Fed’s interest rate policies. Existing home sales are down 19.9% year-over-year.

Mortgages

Housing Wire

JULY 10, 2023

For-sale listings deteriorated in 95% of major U.S. 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.

Principal

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. Before you buy a new-construction home, make sure it comes with a warranty.

New Construction

Housing Wire

AUGUST 3, 2023

Gain-on-sale margins posted for the second quarter of 2023 was 267 points, up from the previous quarter’s 239 points. million loans service, with approximately $500 billion in unpaid principal balance. Rocket generated $22.3 billion in origination volume in Q2, up about 31% from $17 billion in Q1 2023. What’s ahead for Q3?

Loans

Housing Wire

FEBRUARY 8, 2024

To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals.

Agents

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.” The National Association of Realtors (NAR) reports that existing-home sales dropped 17.8% in 2022, the weakest showing since 2014.

Marketing

Housing Wire

SEPTEMBER 13, 2024

That’s not to say we don’t have 22-year-olds coming over and doing $50 million in sales in their first year — because we definitely do. 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.

Brokerage

RIS Media

JANUARY 26, 2022

New home sales jumped up 11.9% The median sale price in December was $377,770 and the average sale price was $457,300. The seasonally adjusted estimate of new homes for sale at the close of December was 403,000, which is a six-month supply of inventory, assuming current sales rates. short annually.

Sales

RIS Media

SEPTEMBER 21, 2021

“There is certainly a housing shortage, as reflected in the low inventory of homes for sale and in low rental vacancy rates. “The pace of new construction reflected homebuilder shifts toward higher margin projects amid fluctuating costs. million new homes. while multifamily permits rose 15.8%.

Construction

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

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

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. Melissa Gibbens. District: Southwest Missouri (Springfield/Joplin). Cindy Woyak.

Loan Officer

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. Brown was twice named 40 under 40 in the U.S.

Branding

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. She is an experienced realtor and repeatedly dominates the luxury sales market and is the Top Producer of Coldwell Banker Realty in Honolulu, Hawaii.

Agents

Realtor.com

AUGUST 26, 2020

“There’s just not a lot of spare housing, whether you’re looking at homes that are for sale or for rent nationwide,” says Hale. Prices for rentals and for-sale properties in nearby areas that were spared can rise 10% to 20% “easily,” he says. “People are desperate.

Construction

Calculated Risk Real Estate

JULY 10, 2023

“Unlike Austin, for-sale inventory is moving the other direction in much of the country. New construction starts and completions were both strong in May, which is welcome news. ” emphasis added House Prices Increased in May Note: The Black Knight House Price Index (HPI) is a repeat sales index.

Mortgages

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

Realty Biz

MARCH 30, 2022

Historically, spring has been a time when housing activity surges, but a recent conversation with brokers from Better Homes and Gardens Real Estate revealed that the current lack of inventory is dampening the usual seasonal sales spike. There is an acute lack of new construction; it is down 55% since 2001.

Inspection

Marco Santarelli

JULY 30, 2020

Home sales dropped over the past couple of months but prices remain high. In June, we saw a rebound in home sales. to a new level of $553,000. Jump in sales was 48%. All the six counties of southern California saw an increase in sales as compared to May. In Los Angeles County, sales rose 40.8% year-to-year.

Marketing

Realty Biz

MARCH 21, 2022

In Northern New England, the spring selling season typically kicks off in March, but with only 30 days of supply, there aren’t enough homes to create a seasonal sales “spike” this year. New Construction. COVID notwithstanding, significantly fewer new homes are being built while populations are increasing.

Principal

RIS Media

MARCH 25, 2022

In Northern New England, the spring selling season typically kicks off in March, but with only 30 days of supply, there aren’t enough homes to create a seasonal sales “spike” this year. New Construction: . COVID notwithstanding, significantly fewer new homes are being built while populations are increasing.

Pre-approval

Marco Santarelli

AUGUST 2, 2024

Declining Home Sales : The combination of rising home prices and elevated borrowing costs has contributed to a notable decrease in both new and existing home sales, evidenced by data from major housing reports. High borrowing costs for construction loans could deter many developers, exacerbating inventory shortages.

Marketing

HomeLight

DECEMBER 30, 2021

When the terms have been finalized, accepted, and signed off on by both sides, your purchase agreement is now officially a sales contract to which you and the seller are both held liable. Monthly principal and interest payment. New construction documents. Contingencies. Estimated closing timeline and date. Loan Estimate.

Purchase and sale agreement

The Close

SEPTEMBER 4, 2020

Grandson of Indian film legend Noor Mohammed Charlie, Yawar Charlie has worked both as an actor, and an award winning real estate agent with the Aaron Kirman Team, a top sales team in Los Angeles that regularly closes north of $500 million in sales volume. Tika Van Den Hurk, Senior Director of Luxury Sales, Douglas Elliman Florida.

Agents

Redfin

JULY 14, 2023

If you’re considering buying a home in Birmingham, it’s important to know the median sale price for a home is $255,000. In 2022, the average home price was around $300,000 and today the median sale price is around $255,000. The average rent for a 1-bedroom apartment in Birmingham is $1,060 and $1,300 for a 2-bedroom apartment.

Equity

Norada Real Estate

FEBRUARY 21, 2022

A good rental property is fully refurbished or a new construction residential property. Our investment properties for sale are at or below fair market value – which means there is a potential for more returns on your investment. A rental property should be turnkey and rent-ready.

Purchase and sale agreement

Redfin

APRIL 6, 2022

Great rooms, popular in new construction or remodels, draw their inspiration from the open floorplans of Mid-Century Modern homes.” . Form, function, and flow are the key principles to employ when designing and furnishing a Mid-Century Modern home,” shares Tommy Lei, Founder and Principal Styleteller at MYBELONGING.

Design

Marco Santarelli

AUGUST 3, 2020

According to the latest MLS report by “SABOR,” since the start of 2020, there have been 9,089 active listings and 16,840 total home sales in the city with an average of 64 days on the market. Total home sales showed modest increases in March with sales rising four percent for a total of 3,013 in the San Antonio area.

Marketing

Realty Biz

MARCH 5, 2021

Price increases were primarily due to ultra-low mortgage rates, strong buyer demand, and a limited number of houses for sale. Regardless of a few clouds on the horizon, most experts expect 2021 to be a robust year for home sales. You might expect a tsunami of foreclosures to soon be for sale that will boost the available inventory.

Development

Marco Santarelli

MAY 18, 2022

The metro area's principal city is Huntsville and consists of two counties: Limestone and Madison. Huntsville Residential 1st Quarter Report 2022 published by ACRE shows that residential sales for the first quarter of 2022 totaled 1,883 units, representing a decrease of 4.4% from March based on 778 home sales. Sales decreased 0.9%

Marketing

Marco Santarelli

JANUARY 3, 2021

Among the advantages of this strategy is that during the time that you hold the property and rent it out, the mortgage is paid down every month, decreasing your principal balance and increasing your equity in the rental property. How To Find Rental Properties For Sale Online? They also have their own contractors to do the repair work.

Investor

HomeLight

DECEMBER 1, 2020

Mandy Key, the principal of Providence-based Mandy Key Interior Design , agrees that a short commute trumps everything for students. In fact, Rhode Island ranks #3 in the country for having the oldest housing stock, behind only Massachusetts (#2) and New York (#1). According to the U.S. Cranston St., Go for energy-efficient upgrades.

Agents

Marco Santarelli

MAY 23, 2025

In the early years of the loan, your payments mainly cover interest rather than the principal amount borrowed. Over time, however, a greater portion of your monthly payment goes towards the principal, building equity in your home. A unique aspect of mortgages is how payments are structured. Whats Driving Mortgage Rates Up?

Mortgages