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Marcus Skenderian Real Estate Group returns to Compass

Housing Wire

Broker associate Marcus Skenderian is bringing his five-person Marcus Skenderian Real Estate Group back to Compass after spending three years at Coldwell Banker. The Marcus Skenderian Real Estate Group works across commercial real estate , architecture, construction , development and residential sales.

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Built-to-rent construction gains momentum amid affordable housing shortage 

Housing Wire

As a result, some homebuilders have doubled down on the construction of built-to-rent (BTR) homes. The momentum is continuing as another 99,000 BTR homes are under construction in 2024, although the breakneck pace is expected to ease in 2025. Many builders feel bullish about places that are low on rental supply.

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Pent-up demand & glowing new construction

Sacramento Appraisal Blog

And speaking of building, new construction has been glowing this year. UPCOMING (PUBLIC) SPEAKING GIGS: 9/26/23 Orangevale […] The post Pent-up demand & glowing new construction first appeared on Sacramento Appraisal Blog | Real Estate Appraiser. Let’s talk about it.

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Residential real estate activity picks up despite low inventory

Housing Wire

Residential real estate activity picked up in most Districts despite continued low inventories of homes for sale,” the report states. Cleveland – Demand for residential construction and real estate has stabilized in this District, and contacts attribute this stabilization to the arrival of spring and flattening interest rates.

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NAHREP launches National Hispanic Construction Alliance

Housing Wire

The National Association of Hispanic Real Estate Professionals is launching a new trade organization to support Latino construction businesses and workers in building capacity, access to capital and creating business opportunities for its members. of construction workers compared to 18.5% Hispanics represent 27.7%

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Zillow and Redfin partner on new construction listings

Housing Wire

Zillow Group ‘s new-construction listings will be automatically syndicated to Redfin. The deal between the listing platforms comes as new construction listings form roughly 30% of the housing sales market. Zillow, the country’s top real estate listing platform, recorded a $22 million net loss in the first quarter of 2023.

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HUD, USDA reach accord on energy-efficiency standard for new construction

Housing Wire

Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. The “Adoption of Energy Efficiency Standards for New Construction of HUD- and USDA-Financed Housing” was published on Friday in the Federal Register, and will go into effect on May 28.