Housing Wire

JUNE 22, 2021

The median existing-home price for all housing types in May was $350,300, up 23.6% For the NAR, this is a record high and marks 111 straight months of year-over-year gains since March 2012. According to the NAR, properties typically remained on the market for 17 days in May, unchanged from April and down from 26 days in May 2020.

Inventory 405

Inventory Buyers Realtors Housing Market 405

Housing Wire

MAY 19, 2022

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. He described today’s non-QM market as a “very large bucket.”.

Loan Officers 441

Loan Officers Lending Mortgage Housing Market 441

Housing Wire

JULY 28, 2022

The blue bar is compensation cost since 2012. Note that the compensation cost starts at a low of 64% of total origination cost in 2012 to 69% in 2021. Interestingly, technology spend as a portion of total origination cost was about 2% in 2012, and its about 2% in 2021. Identifying the specific 30% is hard.

Technology 331

Technology Business Lending Training 331

Housing Wire

JUNE 15, 2022

About two-thirds of the properties involved in the Progress transaction are in the Sun Belt markets of Atlanta, Jacksonville, Las Vegas, Phoenix, Tampa and Nashville, the KBRA report states. The Progress Residential SFR platform was launched in 2012 “to capitalize on dislocation in the U.S.

Investors 382

Investors Investing Inventory Real Estate 382

Housing Wire

FEBRUARY 28, 2021

It’s no secret the housing market is hot right now. For over 15 years, Bryan Young has led global strategies and tactical solutions for the likes of the 2012 DNC and President Barack Obama, Microsoft, Zillow and other companies across the B2B and B2C sector. Steven Better, COO & Co-Founder.

Lending 303

Lending Mortgage Business Development 303

Miller Samuel

FEBRUARY 9, 2019

With all the hubbub about the new Manhattan residential price record of $238 million and potential ramifications, I wanted to create a chart to give readers a sense of how disconnected this sale is from the prior records, and from housing prices for mere mortals in already one of the highest priced housing markets in the U.S.

Real Estate 221

Real Estate Housing Market Architecture Marketing 221

Housing Wire

MARCH 23, 2022

David Peskin: As we all know, the housing market is booming right now. Since its inception in 2012, RMF has originated over 1,300 reverse mortgages for homes valued over $1 million, including some homes valued as high as $5 million. DP: At RMF , our relationship with our partners is one of our top priorities.

Mortgage 364

Mortgage Clients Business Training 364

Housing Wire

APRIL 8, 2024

It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. The legislation would provide several tools to help stem the loss of Section 515 affordable-housing in rural America.

Tenants 479

Tenants Finance Construction Government 479

Housing Wire

FEBRUARY 1, 2024

Approximately 65% of loans endorsed in Fiscal Year 2009 had an MCA of less than or equal to $300,000, and this percentage increased to approximately 72% by Fiscal Year 2012,” the report stated. As the principal limit has been increasing, the percentage of endorsements with an MCA over $417,000 has increased steadily since 2012.”

Mortgage 345

Mortgage Business Development Design 345

Will Springer Realtor

DECEMBER 11, 2022

Determining how to bring homes to market faster and more affordably, however, has seemingly escaped the industry. Why are innovations in housing construction so elusive? When asked that question, one local developer blurted: “People are happy to buy the same iPhone as everyone else, but they want a home that looks unique.”.

Construction 36

Construction Architecture Real Estate Design 36

Housing Wire

NOVEMBER 16, 2022

Homebuilder confidence continued to drop in November, hitting its lowest level since June 2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

Buyers 545

Buyers Mortgage Real Estate Housing Market 545

Will Springer Realtor

AUGUST 11, 2023

The City of Renton reported in June that 92% of the 7800 new units in the permitting pipeline are expected to be market-rate rentals. Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house. counties are in our region.

Buyers 36

Buyers Development Construction New Listings 36

Housing Wire

NOVEMBER 23, 2022

Department of Housing and Urban Development (HUD) and the U.S. Despite the nationwide uptick in new home sales in October, homebuilder confidence continues to slide, hitting its lowest level since June 2012 in November, with a National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reading of just 33.

Housing Market 345

Housing Market Construction Inventory Development 345

Housing Wire

FEBRUARY 24, 2022

family houses in January 2022 were at a seasonally adjusted annual rate of 801,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. I have always stressed this because many extreme housing bears in America are just side-hustling professional grifters.

Construction 388

Construction Housing Market Marketing Mortgage 388

Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. Census Bureau and the Department of Housing and Urban Development.

Housing Market 392

Housing Market Inventory Construction Marketing 392

Housing Wire

OCTOBER 19, 2022

As mortgage rates rose to nearly 7% and builder sentiment dipped to painfully low levels in September, housing starts also declined, dropping 8.1% Department of Housing and Urban Development. On a year over year basis, September’s annual housing start rate was down 7.7%. Census Bureau and the U.S.

Construction 412

Construction Development Housing Market Brokerage 412

Will Springer Realtor

AUGUST 15, 2023

The single-family housing market is sluggish, as many prospective buyers and sellers have chosen to focus on enjoying the many weeks of beautiful weather. The average number of days all homes stay on the market before finding a buyer is 18 in King, up 39% from a year ago, and 17 days for single-family homes. on the Eastside.

Sellers 60

Sellers Buyers New Listings Inventory 60

Housing Wire

FEBRUARY 8, 2022

McCormick’s efforts are helping to improve neighborhoods and boost homeownership one house at a time in Dayton. Combined with thousands of other local community developers like her, McCormick’s efforts are moving the needle when it comes to quality, affordable housing for owner-occupants nationwide. Local Community Developers.

Renovations 352

Renovations Buyers Development Design 352

Housing Wire

DECEMBER 29, 2023

. “The new home market has been extraordinary in 2023, and I think heading into 2024, we’re going to have the golden age of new home construction,” David O’Reilly, CEO of Howard Hughes , said in a recent CNBC interview. million housing units due to a severe lack of supply produced between 2012 and 2019.

Construction 435

Construction Supply Chain Inventory Housing Market 435

Housing Wire

NOVEMBER 15, 2021

The Department of Housing and Urban Development is taking a cautionary approach to changes to mortgage insurance premiums after a banner year for its Mutual Mortgage Insurance (MMI) fund. The capital ratio of the Federal Housing Administration ’s MMI fund reached 8.03% at the end of September, an increase of 1.93

Mortgage 388

Mortgage Insurance Renovations Tools 388

Miller Samuel

MARCH 19, 2019

The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City. If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry.

Real Estate 370

Real Estate Law Development Investors 370

Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Everywhere you look there seems to be bad news for the existing-home market — interest rates remain north of 7% and the median home price nears record levels at more than $410,000 as of June. Taken by Felix Mizioznikov.

Construction 368

Construction Development Finance Mortgage 368

Will Springer Realtor

AUGUST 9, 2021

Additional housing, particularly more affordable units, will only help strengthen the health of the public and economy. Housing affordability decreased in 45 of the 50 states from 2012 to 2019. About 57% of all new housing was classified multifamily (four or more units in one location). AUGUST HOUSING UPDATE.

Construction 36

Construction Inventory Property Taxes Development 36

Housing Wire

NOVEMBER 18, 2020

The homeownership rate in Texas rose to an all-time high of 70% in the third quarter, exceeding the national metric for the first time since 2012, according to a report from the Texas A&M Real Estate Center. The report said that although lot development slowed in Q3, single-family permits and construction values “ trended upward.”.

Inventory 403

Inventory Real Estate Construction Development 403

Housing Wire

DECEMBER 23, 2021

family houses in November 2021 were at a seasonally adjusted annual rate of 744,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 12.4 percent (±17.2 percent)* above the revised October rate of 662,000, but is 14.0 percent (±20.5

Inventory 427

Inventory Marketing Construction Mortgage 427

Will Springer Realtor

DECEMBER 8, 2021

Who said this is a sellers’ market? Perhaps it’s truly a builders’ market. Building developers are optimistic they can overcome many of the challenges. GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. That was followed by 1.0%

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

The aim is to generate more multi-family housing, from duplexes to fourplexes. The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. For our housing market, it’s time to have that talk. After hitting a low of 4.6%

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Housing Wire

JUNE 24, 2021

The Biden administration has nominated Julia Gordon to serve as federal housing commissioner at the Department of Housing and Urban Development. Gordon is an expert in federal policy related to homeownership, community development and the nation’s housing finance system.

Finance 404

Finance Modernization Development Insurance 404

Housing Wire

MAY 17, 2022

During her visits, one thing stood out to Golding, who served as the Department of Housing and Urban Development ’s principal deputy assistant secretary from 2015 to 2017. I am confident that she will bring a depth of expertise and perspective to FHA at a critical time for our country’s housing market.”. Twitter woes.

Insurance 327

Insurance Development Housing Market Mortgage 327