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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Balancing supply and demand is a delicate dance between new construction and existing properties.

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Benefits of Investing in New Construction Real Estate

Norada Real Estate

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.

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Ron Terwilliger on how to make more affordable housing

Housing Wire

Supply-side” solutions that focus on new construction and the preservation of the existing housing stock are equally important. The supply of homes for sale is limited as well. At the beginning of 2022, active home sale listings fell below 500,000 for the first time. The quantity of new, entry-level homes has?

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Become a New Home Construction Expert

The Residential Specialist

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.

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It’s a Great Time to Invest in Real Estate in 2024

Marco Santarelli

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. The multifamily sector might see improved affordability for renters due to the biggest wave of new apartment supply in decades tempering rent growth.

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New home sales rose 12% in May

Housing Wire

New home sales in May rose 12.2% Sales of new single‐family houses came in at a seasonally adjusted annual rate of 763,000, according to estimates released jointly Tuesday by the U.S. They now supply about 30% of the residential sales market. The average sales price for new homes was $487,300.

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ERA REAL ESTATE FORTIFIES ITS PRESENCE IN SACRAMENTO AREA

Realty Biz

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.