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Natural disasters like the LA fires will deepen the U.S. housing crisis

Housing Wire

The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction. Housing policy needs to be better at planning for the needs of different age groups and their life stages to avoid mismatches between supply and demand, Myers said.

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As the lock-in effect eases, the market for new homes is shrinking

Housing Wire

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.

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The Fed’s monetary policy is stifling new construction

Housing Wire

With homebuilders completing more homes in their backlog and 5-unit permits basically at recessionary levels, we are at the stage where policy is going to impact the future supply of shelter. This has been so confusing for the American consumer that CNBC asked me to talk about this topic today. Let’s take a look at the report.

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Florida Housing Sets New Bar With $285M New Construction Listing

Marco Santarelli

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!

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How New Hampshire is looking to alleviate its housing crisis

Housing Wire

If you can attract someone right out of college or early in their career to stay or come to New Hampshire, apartment living is a great option for people at that stage in their life, said Rob Dapice, the executive director and CEO ofNew Hampshire Housing. Housing industry experts attribute this to the states restrictive zoning laws.

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Home construction data offers glimmers of optimism — but with a caveat

Housing Wire

The number of housing units that came online in September showed a big year-over-year jump, but data on earlier stages of construction suggest not much is coming through the pipeline. That’s according to monthly data on new residential construction from the U.S. But housing completions rose 14.6% month over month.

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Opinion: why innovation in a builder matters to homebuyers

Housing Wire

The real estate industry is in the stages of a seismic shift to fully digital experiences. A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms.