Remove 2012 Remove Construction Remove Legal Remove Lending
article thumbnail

Homebuilders are primed for an even better 2024

Housing Wire

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.

article thumbnail

The VA’s little-known program for Native American veterans

Housing Wire

A Department of Veterans Affairs lending program for Native American veterans has been severely underutilized, a government watchdog found. from 2012 to 2021. The GAO said that the VA lacked the staff to run the lending program and failed to inform communities that it exists.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

“Every time, my family was in the construction lending business, and they’d lose homes and file bankruptsy. So, in 2012, he decided to start a property management company rather another traditional real estate brokerage. I was just too busy building the company, selling real estate and developing properties.”

article thumbnail

OK to average adjusted comps on appraisals?

Appraisal Today

In Sacramento, Invitation Homes went on a rampage in 2012 and 2013, and purchased more steadily in subsequent years. to 305,219—the lowest third-quarter level since 2012. ”… Question 2: does the lending industry owe the appraiser a living? Investor purchases of U.S. homes dropped 29.7%