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Could New Construction Help Level Out the Market?

RIS Media

If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. The post Could New Construction Help Level Out the Market? Will the result take immediate effect?

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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

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NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Housing Wire

Yun took the stage on Tuesday at NAR NXT , the trade group’s annual conference in Anaheim, California. Meanwhile, he counts on home builders to ramp up new construction, as the existing-home inventory shortage lifts demand for new homes. In 2023, new-home sales are up 5% year to date, Yun said.

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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. In short, they are considered brand new.

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Rent growth shows little fluctuation in January: Redfin

Housing Wire

While rent growth was positive in January, it remains a far cry from the double-digit growth recorded during the early stages of the COVID-19 pandemic. The Midwest and the Northeast offered the most growth in rents because there has not been as much new construction in these regions. The median U.S. Rent prices grew by 2.3%

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Improving your bottom line at HW Annual

Housing Wire

Gonzalez is taking the stage for, “Strategy and Operations Tactics from the Top,” on Tuesday, October 10. Joining Gonzalez on stage is a power-packed group of female leaders who not only specialize in but also are pros when it comes to change management. Her biggest piece of advice for mortgage leaders in this market? “Be

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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.