Housing Wire

APRIL 25, 2024

Department of Housing and Urban Development (HUD) on Thursday detailed a series of actions and initiatives it has undertaken to bolster climate resiliency while supporting green housing initiatives that stem from Inflation Reduction Act funding and recently announced plans to combat the effects of extreme heat.

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Housing Wire

MARCH 11, 2024

Tina Kotek, the bill aims to invigorate home construction in the state. The newly approved bill grants cities a one-time exemption from long-standing regulations to acquire new land for housing developments. In exchange, it requires that 30% of new units in expansion zones meet the definition of affordable housing.

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Housing Wire

JANUARY 9, 2024

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

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Housing Wire

MARCH 1, 2022

The company says it will use the funding to scale its operations, accelerate its research and development and expand construction into new markets. Through this building process, Veev says it can build homes up to four times faster than standard construction industry standards, which in turn can bring down costs significantly.

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Housing Wire

JANUARY 23, 2024

But the parks — which employ an estimated 110,000 people collectively — are also facing headwinds due to their employees’ struggles to afford housing , and now both NBCUniversal and The Walt Disney Company — owners of the major parks — are aiming to address it, according to reporting from Bloomberg.

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Housing Wire

JUNE 23, 2023

Department of Housing and Urban Development (HUD) announced this week that it has established a new Office of Manufactured Housing Programs , which will report to Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner Julia Gordon.

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Housing Wire

DECEMBER 20, 2022

The downward trend overall in new housing starts continued in November, dropping 0.5% Department of Housing and Urban Development. November’s annual housing start rate was down 16.4% from October to a seasonally adjusted annual rate of 1.427 million, according to a report released Tuesday by U.S. monthly decline and 32.1%

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Housing Wire

MAY 17, 2023

Senate and House of Representatives have introduced a new bill, the Affordable Housing Credit Improvement Act (AHCIA), which could help spur the construction of two million affordable housing units over the next 10 years. The bill has been introduced in both chambers and seeks to expand the low-income housing tax credit.

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Housing Wire

NOVEMBER 21, 2022

CoreLogic is proud to sponsor Convergence and lead the development of a novel solution to this thorny supply challenge. The solution is designed to scale the production of single-family entry-level homes for sale in the Convergence pilot cities of Memphis, Tenn., and Columbus, Ohio.

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Housing Wire

SEPTEMBER 20, 2023

Raising interest rates is designed to tackle those still-high prices outside of the volatile food and energy sectors. Additionally, apartment construction is strong , which puts an additional pressure on landlords to avoid vacancy. Indeed, Sturtevant highlighted the resilience of the housing market in the face of rising interest rates.

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Housing Wire

APRIL 21, 2022

A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials. Ideally, an engineer designs a model of what they want on software, from an air duct to a prosthetic limb, and it is precisely printed out.

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Housing Wire

DECEMBER 23, 2020

Reports on housing data are headline-driven, and headlines are designed to cause folks to overreact in both positive and negative ways. Exponential growth in any housing market data will eventually moderate. Census Bureau and the Department of Housing and Urban Development. When monthly supply is 4.4

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Housing Wire

MAY 14, 2024

CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers. Another development in the focus on first-time homebuyers is CFPB’s recent announcement that it was going after junk fees and other non-competitive practices in the mortgage loan process.

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Housing Wire

JULY 6, 2023

The Leading Indicator of Remodeling Activity, or LIRA, a measure developed by Joint Center for Housing Studies at Harvard University , seems to support Mohan’s assessment, showing that year over year “expenditures for home improvements and maintenance will post a modest decline of 2.8%

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Housing Wire

JULY 20, 2022

Bush, a Republican President, signing into law the HERA legislation , developed under a Democratic-controlled Congress. HERA established a process for conservatorship of Fannie Mae and Freddie Mac , created FHFA as a first-class regulator, and codified GSE mission provisions like the Housing Trust Fund, Duty to Serve , and Housing Goals.

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Housing Wire

APRIL 1, 2021

To offset costs, the Biden Administration wants to raise the corporate tax rate from 21% to 28% which, combined with measures designed to stop offshoring of profits, would fund the entire plan within 15 years, according to the White House. And even if it did, how could the government implement.

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Cleveland Appraisal Blog

OCTOBER 29, 2021

They all have done their studies and have provided their analysis of what their data reflects the total economic life of a home to be based upon its quality of construction. Therefore, for each sale, we must develop a reliable opinion of the value of its land. We’ve just developed the total economic life for one of the sales.

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Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. I was lucky to have never had to use new construction as a comp on an existing home.

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Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. Builders began construction on just under a million single-family homes in 2020. ” Forward-thinking developers will go beyond trails and lap pools, “which have become ordinary,” suggests the experts from Burns.

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Will Springer Realtor

DECEMBER 11, 2022

The world of construction appears to be one of the only commodity-based industries yet to become truly efficient in the production of homes, office space and specialty structures. Robert Gordon, a noted Northwestern University economist, estimates the construction industry recorded negative productivity growth around the turn of this century.

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Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. We are still seeing stunning homes come on the market. TREATING YOURSELF EVERY DAY.

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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.

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Will Springer Realtor

MARCH 14, 2022

Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic. A 2021 survey showed nearly half of U.S.

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McKissock

MAY 30, 2023

Housing starts In April, home construction saw a marginal rise as developers grapple with a tough housing market. With the 30-year mortgage rate nearing 7%, developers are exercising caution, but it appears that single-family construction has hit a temporary bottom. Despite a 22.3% million units.

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Will Springer Realtor

JUNE 9, 2021

Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 market during the pandemic – and there is great anticipation for strong demand. One aspect of rising housing prices is ballooning materials costs for new home builders. >> About 4.4

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Will Springer Realtor

APRIL 14, 2023

“After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.”  It’s a 5-bed, 5.5-bath

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D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Estate settlements.

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Quicken Loans

JULY 5, 2021

The Leadership in Energy and Environmental Design (LEED) certification is a globally used process that evaluates a building project’s sustainability efforts. By 1998, this group developed a points scale recognized by the U.S. For a building to achieve LEED certification, it must meet certain requirements during construction.

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McKissock

APRIL 25, 2023

Housing starts declined 0.8% March saw a modest decline in residential construction as developers continued to navigate a challenging housing market. Upon closer inspection, multi-unit construction was the cause of the decline. In the meantime, single-family housing starts increased by 2.7%

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Will Springer Realtor

JANUARY 11, 2023

A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’”. Here are some that were touted in this newsletter within the last year – and are still on the market today. CONDO NEWS.

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Will Springer Realtor

AUGUST 11, 2023

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. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). and Palm Bay, Fla.,

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Appraisal Today

AUGUST 18, 2023

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. . == $185,000,000 Mansion in Los Angeles 869 Tione Rd, Los Angeles, CA 9007 10 bedrooms, 14.5+

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Will Springer Realtor

JULY 13, 2023

Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. Local government, developers, architects and others will need to step up and take responsibility for the sake of our city.

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Will Springer Realtor

MAY 13, 2024

America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. shy of the need. But for how long?

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Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. “A million sq.

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Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. The effort was led by lawyer Edward Bassett, who went on to develop freeways and parkways. Those fees are used to fund affordable housing in the city.

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Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®. The community is part of a wider development in Georgetown, Texas called Wolf Ranch.

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