McKissock

MAY 7, 2021

Residential construction and new home sales have been making quite a few headlines lately. Keep reading to catch up on the latest stories and market data related to new home construction and sales. ” New home construction in the news. ” New home construction in the news. ” Read the full article. .”

Construction 94

Construction Real Estate Design Appraisal 94

Housing Wire

JULY 26, 2021

In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. months and above, the builders will pull back on construction. This represents a supply of 6.3

Housing Market 513

Housing Market Marketing Inventory Construction 513

Housing Wire

JULY 26, 2022

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. We talked about this in March , and even last year, when I wrote about the problem with the housing construction boom premise. “I don’t expect a boom in housing construction.

Construction 498

Construction Housing Market Inventory Marketing 498

Housing Wire

AUGUST 19, 2021

Now, in 2021, the large, female-only company designed and constructed a home that was showcased in the 2021 Utah Valley Parade of Homes — and sold to benefit several good causes. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Utah Professional Women in Building group. Become a member today.

Construction 332

Construction Design Real Estate 332

Housing Wire

SEPTEMBER 21, 2021

National homebuilding titan Lennar is comfortably profitable, but company executives lament that a struggle to procure construction materials keeps them from doing more. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. The company reported $1.4 This content is exclusively for HW+ members.

Supply Chain 343

Supply Chain Construction Marketing Real Estate 343

McKissock

JANUARY 11, 2022

While most appraisals only require a single field visit—and in some cases none—when it comes to appraising new construction, you may need to visit the property several times. Inspection during construction. In some cases, the lender may require you to visit the property and inspect it periodically during the construction phrase.

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Inspection Construction Final Inspection Appraisal 96

Housing Wire

AUGUST 25, 2021

When the monthly supply of new homes grows, builders will throttle back construction to control the flow of products in order to protect their margins. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. This represents a supply of 6.2 months at the current sales rate. Become a member today.

Construction 456

Construction Marketing Housing Market Real Estate 456

Housing Wire

NOVEMBER 17, 2021

Revisions came in negative, but the real story here is that housing is back to its slow construction phase, which isn’t shocking considering where monthly supply is at and the delays in construction that we are all aware of. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Become a member today.

Construction 499

Construction Housing Market Marketing 499

Housing Wire

JUNE 7, 2021

Even in the years 2020 to 2024, however, which are very favorable for housing, I don’t see a credit sales boom or construction boom brewing in the current data — nor do I expect to see either of these shortly. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Here is why.

Housing Market 545

Housing Market Marketing Inventory Construction 545

Housing Wire

NOVEMBER 5, 2021

Below, DeNicola answers questions about the housing industry: HousingWire: To start off, what is your current favorite HW+ article? Rich DeNicola: My favorite HW+ article is the Real Trends Brokerage Compensation Report. We all know the statistics on how new construction has lagged the needs of the country for the past decade.

Real Estate 347

Real Estate Brokerage Construction Business 347

BiggerPockets

FEBRUARY 16, 2024

This article is presented by Park Street Homes. Read our editorial guidelines for more information. If you’ve been paying attention to news in the real estate sector, you will know that new […]

Construction 82

Construction Real Estate Investing 82

Housing Wire

JUNE 7, 2021

in 2020, and over the same period, single-family construction increased 12% to almost 1 million housing starts, and the remodeling market expanded 7%. “We Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. sawmill output increased only 3.3% This content is exclusively for HW+ members. Become a member today.

Construction 447

Construction Inventory Mortgage Marketing 447

Housing Wire

JANUARY 19, 2024

Our tracker articles have a lot more details about the current weekly market and we publish those each Saturday. Yesterday on CNBC , I talked about the state of the housing market and how important it was that the builders’ confidence data was rising because that keeps construction workers employed and building homes.

Housing Market 400

Housing Market Inventory Contracts Marketing 400

Housing Wire

JULY 30, 2021

Lumber prices, a source of builder and construction company angst for approximately 15 months, are officially falling, as the price that sawmills charge distributors for cut lumber is down for the eighth consecutive week. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Become a member today.

Construction 396

Construction Supply Chain Marketing Real Estate 396

Housing Wire

JANUARY 12, 2023

This article is part of our 2022 – 2023 Housing Market Update series. Investors offloading negative cash-flowing properties to avoid margin calls and unhappy investors. Increased inventory from robust construction of new, single-family homes with “motivated” sellers.

Inventory 482

Inventory Investors Construction Housing Market 482

Housing Wire

SEPTEMBER 7, 2021

Bob Broeksmit, president of the Mortgage Bankers Association , said the trade association “strongly supports” efforts to increase supply by spurring construction and rehabilitation of homes for renters and first-time buyers. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Become a member today.

Construction 360

Construction Government Inventory Finance 360

Housing Wire

JUNE 27, 2023

months and above, the builders will pull back on construction The current data has seen significant improvement, as the chart below shows. months of the supply are homes that are still under construction, about 259,000 homes 1.6 This article aims to show how much progress we have made in this sector and why it’s happening.

Construction 476

Construction Inventory Marketing Buyers 476

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Hire construction professionals you trust, and maintain oversight of the project throughout its duration. This will help you ensure that the construction staff is safe. And thank you for reading another article from the Cleveland Appraisal Blog! I’m working on new articles of my own. Click here to register.

Real Estate 303

Real Estate Development Appraisal Contracts 303

Housing Wire

JUNE 10, 2022

Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His articles are always my favorite. His recent article, “Purchase apps are at 2009 level: where’s the inventory?” Finally, the last closely watched trend in the housing market is construction activity.

Sellers 379

Sellers Housing Market Inventory Buyers 379

Housing Wire

MAY 31, 2022

When we help bring distressed properties back to the market, it’s up to 31% less expensive than a new construction home.”. Planet is in a unique position because there are very few non-depository lenders offering a construction product,” Hattan said.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Housing Wire

MARCH 16, 2023

What we see in this latest starts report is encouraging, as a record number of 5-units are still in construction and anything that gets finished is positive against inflation. As you can see, the 1974 recession destroyed the 5-unit construction production. The future growth of 5-unit construction will be at risk if a recession happens.

Mortgage 488

Mortgage Construction Marketing Contracts 488

McKissock

FEBRUARY 4, 2022

The share of new construction homes on the market rises to a record high. One-third of houses for sale are new construction, an all-time high. single-family homes for sale in December were new construction, up from 25.4% single-family homes for sale in December were new construction, up from 25.4% Read the full report.

Construction 52

Construction Housing Market Appraisal Training 52

Housing Wire

JANUARY 6, 2022

This article is part of our HousingWire 2022 forecast series. Homebuilders responded to the shortage of homes for sale, accelerating new home construction, even as they face severe supply-side challenges, including rising building material costs and supply-chain bottlenecks, a lack of affordable lots, and difficulty in finding skilled labor.

Supply Chain 493

Supply Chain Housing Market Construction Inventory 493

Eppraisal

MAY 6, 2022

Nowadays, new construction homes are being built year-round. As Spring is in full swing around the country, new construction landscaping has begun for those who've moved into homes during the winter months. Even in the coldest of winters and in snowy or wet conditions, contractors are at home sites building away.

Construction 36

Construction Contracts Home Value Buyers 36

McKissock

JULY 17, 2022

LendingTree analyzed the changes of homebuilding-related variables from 2019 to 2021 by region and discovered an increase of 47% in stalled construction projects, despite the growing demands for new homes. . Also, with unemployment under 4%, construction companies are having a hard time finding enough employees to meet their demand.

Construction 68

Construction Real Estate Agent Supply Chain Real Estate 68

Property Metrics

NOVEMBER 13, 2020

In some ways, a commercial real estate construction project is just like any other project. However, a commercial real estate construction loan is not like other loans. What is a Construction Draw Schedule? The construction draw schedule determines how and when construction loan funds are distributed.

Construction 69

Construction Inspection Real Estate Lending 69

Housing Wire

NOVEMBER 23, 2022

The builders will pull back on construction when the supply is 6.5 We are still in housing recession land as the builders still have a lot of new construction homes and haven’t started yet to build. months of the supply, and 298,000 new homes are still under construction, while 111,000 haven’t started. When supply is 4.3

Construction 425

Construction Marketing Housing Market Mortgage 425

Property Metrics

AUGUST 21, 2020

There’s no doubt about it, construction lending is tough. However, from a lender’s perspective, there’s one risk that is top of mind when making a construction loan – the borrower’s ability to make their loan payments during the construction term. It’s a best practice to err on the high side when estimating.

Construction 67

Construction Logistics Tools Lending 67

Housing Wire

DECEMBER 28, 2023

Leaders in Colorado districts are entering the housing market in a variety of ways, including engaging in partnerships with developers, constructing tiny homes and even becoming landlords, according to a story published by the Denver Post. Read the rest of the Denver Post article here. Petersburg, Fla.

Housing Market 386

Housing Market Marketing Landlords Development 386

Housing Wire

JANUARY 6, 2023

Notable job gains occurred in leisure and hospitality, health care, construction, and social assistance. The two sectors of the economy that are getting hit are the tech sector and housing, but this is a good report for construction. In both articles, one factor was key: the growth rate of inflation falling.

Mortgage 520

Mortgage Construction Marketing Housing Market 520

Housing Wire

OCTOBER 11, 2021

Don’t expect a buying or construction boom during this period. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Following these years of doldrums, in the years 2020 to 2024 we have the best housing demographic patch ever recorded in history. Mature economies are like large ocean liners. Already a member?

Housing Market 531

Housing Market Marketing Construction Investors 531

BiggerPockets

DECEMBER 8, 2023

In this article, expert contractor Bruce Woodruff delves into the crucial decision-making process in every construction project: Who should buy the materials?

Construction 76

Construction 76

Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Read this article and the classic book.

Construction 52

Construction Appraisal Modernization Contracts 52

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. Fortunately, it’s not all bad news. Homebuilding Contract Values.

Marketing 432

Marketing Contracts Supply Chain Project Management 432

Housing Wire

JANUARY 10, 2022

This article is part of our HousingWire 2022 forecast series. And if three hikes in the federal funds target come to pass, initial rates on ARMs, HELOCs and construction loans (often linked to the bank prime) will likely increase from one-half to three-quarters of a percentage point. for 30-year fixed-rate loans.

Housing Market 545

Housing Market Marketing Construction Inventory 545

Appraisal Buzz

MAY 9, 2022

In the past, almost every major log home magazine has posted an article on the topic. The American Institute of Architects has estimated that 9% of “Custom Built” homes being constructed in the United States are of log home construction. It is no secret that log homes do not appraise well.

Valuation 396

Valuation Legal Construction Appraisal 396

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. Builders have been firing on all cylinders, and, with more homes under construction than any time since 1973, they understandably feel exposed in the event of a housing downturn. At the end of this series, you can join us on May 10 for a Housing Market Update webinar.

Inventory 384

Inventory Housing Market Construction Sellers 384