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Highlands Residential Mortgage hires Daniel McCoy as regional construction loan manager

Housing Wire

Highlands Residential Mortgage announced that Daniel McCoy is joining the company as a regional construction loan manager for the Southeast. Daniel McCoy McCoy leads the construction-focused McCoy Mortgage Team , which has previously affiliated with companies like MVB Mortgage , Intercoastal Mortgage and Cardinal Financial.

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What’s keeping homebuilders from large-scale layoffs?

Housing Wire

Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. Why haven’t the homebuilders started doing layoffs?

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Maryland-based Anchor Home joins Compass

Housing Wire

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.

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Deephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

Housing Wire

We’re looking at product expansions and introducing products that we have or through our sister company Anchor Home Loans , which specializes in residential transition loans (RTLs). For example, 30% of purchase transactions were new construction last year. New construction has been 33% of all purchase transactions, right?

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Developer sues Denver over requirement to pay into affordable housing fund

Housing Wire

The company, redT Homes , states that it’s the Denver areas only residential real estate development company […] offering a full suite of services, ranging from land acquisition and entitlement to design, architecture, and construction along with real estate-focused marketing and sales.

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These states received top marks on their housing affordability report cards

Housing Wire

South and Midwest states lead the pack South Carolina received the highest grade in the report , an A, for proactive construction efforts that are exceeding current housing demand. Texas was recognized for its high volume of new construction, while Iowa stood out for maintaining relatively affordable home prices.

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Massachusetts set to bar home sellers from requiring inspection waivers

Housing Wire

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. The state also finalized the sale of 450 acres of surplus land to support development of up to 3,500 new homes.