Housing Wire

APRIL 9, 2024

David O’Reilly, CEO of Howard Hughes Holdings which constructs planned communities, describes the market being “at the cusp,” saying that the demand appears to be coinciding with more members of Gen X nearing a time where they will become “empty nesters.”

Buyers 500

Buyers Construction Realtors Development 500

Housing Wire

JANUARY 16, 2024

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors. Anchor Loans was acquired by investment firm Pretium in November 2021.

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Investors Housing Market Finance Construction 439

Housing Wire

OCTOBER 20, 2020

Freddie Mac’s David Brickman and Fannie Mae’s Hugh Frater also offered their takes on challenges with affordable housing, racial disparities with homeownership, expectations for 2021 and – yes, you knew it was coming – the 50 bps adverse market fee that’s due to hit lenders doing refis beginning in December.

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Law Marketing Mortgage Valuation 493

Housing Wire

SEPTEMBER 27, 2023

Fueling this increase is new construction, according to Divounguy, even though the 1.3% As more first-time homebuyers are turning to new construction, builders offer smaller, more-affordable homes as well as incentives like interest rate buydowns to tempt buyers off of the fence. Over the past year, the value of the U.S.

Housing Market 514

Housing Market Marketing Inventory Construction 514

Housing Wire

JUNE 19, 2023

At Pinellas County Schools , a team of developers has been selected to convert the former junior high school into a development of roughly 225 apartments in total. The building at the heart of the Pinellas County development deal served as a vocational high school in the 1930s, and later served as an adult education center.

Development 360

Development Market Value Contracts Construction 360

Housing Wire

APRIL 20, 2022

from 2012 to 2021. The GAO’s report said that from 2012 to 2021, 91 loans were originated in Hawaii using the program. In the entire country, 180 loan originations resulted from the program from 2012 to 2021. The Department of Housing and Urban Development and the United States Department of Agriculture have similar programs.

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Government Lending Development Legal 540

Housing Wire

FEBRUARY 6, 2023

Mat Ishbia, UWM’s CEO, said in a statement that Hubacker, with three decades of experience, was a “key player in helping UWM to go public back in 2021.” billion and injected $925 million into UWM to develop new technology and grow the broker channel. The deal gave the combined company a valuation of $16.1

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Finance Valuation Construction Mortgage 389

Housing Wire

FEBRUARY 8, 2022

This development did not occur overnight: Over the past 20 years, we have “underbuilt” housing by at least 5.5 Supply-side” solutions that focus on new construction and the preservation of the existing housing stock are equally important. In 2021, median rents grew by 17.8 %, another unprecedented increase. million homes.

Construction 370

Construction Investing Development Landlords 370

Eyes on Housing

NOVEMBER 23, 2022

The missing middle construction sector includes development of medium-density housing, including townhouses, duplexes and other small multifamily properties. While townhouse construction has trended higher in recent quarters, the multifamily segment of the missing middle (apartments in 2 to 4 unit properties) has disappointed.

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Construction Development 173

Housing Wire

MAY 25, 2021

Census Bureau and the Department of Housing and Urban Development. In order to account for uncertain prices and availability of materials, homebuilders are holding off on making homes available until they are further along in the construction process. lower than the revised March rate, according to a joint analysis from the U.S.

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Construction Technology Development Marketing 421

Eyes on Housing

AUGUST 24, 2022

The missing middle construction sector includes development of medium-density housing, including townhouses, duplexes and other small multifamily properties. While townhouse construction has trended higher in recent quarters, the multifamily segment of the missing middle (apartments in 2 to 4 unit properties) has disappointed.

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Construction Development 173

Appraisal Buzz

NOVEMBER 17, 2021

Department of Housing and Urban Development (HUD) have released their findings on new residential construction statistics for October 2021, which found U.S. Census Bureau and the U.S. housing starts decreasing to an annual pace of 1.52 million in October, below its anticipated count of 1.58

Construction 195

Construction Development Appraisal 195

Eyes on Housing

NOVEMBER 18, 2021

The missing middle construction sector includes development of medium-density housing, including townhouses, duplexes and other small multifamily properties. While townhouse construction has trended higher in recent quarters, the multifamily segment of the missing middle (apartments in 2 to 4 unit properties) has shown weakness.

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Construction Development 187

Eyes on Housing

FEBRUARY 23, 2023

The missing middle construction sector includes development of medium-density housing, such as townhouses, duplexes and other small multifamily properties. While townhouse construction has trended higher in recent quarters, the multifamily segment of the missing middle (apartments in 2- to 4-unit properties) has disappointed.

Construction 103

Construction Development 103

Housing Wire

APRIL 9, 2024

In late 2021, Congress renewed a 10-basis point tax on Fannie Mae and Freddie Mac loans for another decade — not based on loan risk, but to pay for non-housing spending. Homeownership is used far too often as the federal piggy bank. While some criticized this announcement, CHLA applauded it.

Sellers 449

Sellers Realty Insurance Realtors 449

The Robert Weiler Company

DECEMBER 14, 2021

But Columbus, Ohio’s modest city size belies the fact that when you include its suburban, exurban, and near-rural outer lands, it’s a thriving region of a much larger construct that’s as diverse and as intricate as any other larger city on the map. Below are 3 of our most prominent examples from 2021. The City” Rises.

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Development Brokerage Retail Real Estate 78

Housing Wire

JULY 28, 2022

Treasury Department has issued new guidance empowering state, local and tribal governments to direct more of the funding appropriated under the American Rescue Plan Act of 2021 toward affordable-housing investments. billion for affordable-housing development and preservation. Louis , that gap is 29.3

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Government Development Finance Legal 374

Housing Wire

JUNE 17, 2021

Though uncertainties over consumer behaviors related to reopening and COVID-19 developments remain, the group believes temporary factors are largely responsible for current strong inflation. Fannie Mae’s economic group said its outlook on mortgage rates will remain the same: 30-year fixed contract rate at 3% in 2021 and 3.3%

Mortgage 450

Mortgage Housing Market Contracts Construction 450

Housing Wire

MAY 13, 2021

Housing affordability weakened slightly during the first quarter of 2021 with signs of overheated prices and bottleneck supplies snowballing into April. Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction.

Construction 462

Construction Government Inventory Mortgage 462

Housing Wire

MARCH 24, 2023

By its own description, ChatGPT is “an AI-powered chatbot developed by OpenAI, based on the GPT (Generative Pretrained Transformer) language model. As for the “limitations,” it’s not always correct, and much data has not been updated after 2021. She had attempted to contact the developer for months with no response.

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Loan Officers Legal Development Marketing 479

Housing Wire

APRIL 28, 2022

from 2020 to 2021, to $13 billion. In the fourth quarter of 2021, when some lenders started to report declines in their production, UHM’s volume was $4.2 It made way for the creation of 450 new jobs after the construction ended in summer 2021. The lender’s origination volume increased 25.8% billion, up 65.5%

Mortgage 341

Mortgage Loan Officers Retail Construction 341

Eyes on Housing

MAY 31, 2021

Builders and developers responding to NAHB’s Survey on Acquisition, Development & Construction (AD&C) Financing continued to report declining interest rates in the first quarter of 2021.

Development 165

Development Construction Contracts Finance 165

Lamacchia Realty

OCTOBER 1, 2021

Anthony Castellano has officially qualified for the 2021 President’s club by surpassing $16,000,000 in sales volume so far this year! that it is anticipated that 2019 and 2020 (postponed due to pandemic) members will be vacationing at the same resort in Fall 2021. To learn more about Anthony, click here: Anthony Castellano.

Realty 69

Realty Clients Agents Construction 69

Lamacchia Realty

JANUARY 14, 2022

The Chelmsford office went from 67 sales in 2020 to 208 sales in 2021 (per MLSPIN 1/1/20 – 12/31/20 vs. 1/1/21 – 12/31/21). That is a 210% increase in sales in the first year, some of which can be attributed to the absorption of the Westford office in early 2021. Vice President of Business Development. Lamacchia Realty’s?

Realty 72

Realty Realtors Clients Agents 72

Eyes on Housing

FEBRUARY 17, 2022

In the fourth quarter of 2021, effective interest rates decreased on all four categories of loans tracked in NAHB’s Survey on Acquisition, Development & Construction (AD&C) financing.

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Development Construction Contracts Finance 167

Housing Wire

DECEMBER 4, 2023

Time Rehousing Initiative (or rapid rehousing) — an initiative funded by federal and private dollars that was launched in October 2021 and initially sought to rehouse 2,700 individuals. Over the past three decades, DCH has developed more than 2,400 safe and affordable rental units in some of the most distressed areas of Dallas.

Development 408

Development Property Management Government Training 408

Housing Wire

APRIL 26, 2024

Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. The implementation timeline varies based on the type and location of new construction.

Construction 476

Construction Law Development Finance 476

Housing Wire

JULY 29, 2021

After spending a decade building a proprietary technology and productivity platform, United Real Estate Group is seeing its growth explode, according to Q2 2021 earnings report. ” Q2 2021 results. According to RealTrends 2021 Market Leader Report , flat-fee brokerages are gaining momentum around the country.

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Brokerage Real Estate Technology Agents 370

Housing Wire

JUNE 23, 2021

from April 2020 to April 2021, with the median home price surging by more than $20,000. According to first quarter 2021 Census data , homeownership rates for Black and Hispanic Americans—45% and 49%, respectively—remain significantly lower than the White homeownership rate of 74%. .

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Housing Market Marketing Construction Insurance 414

Housing Wire

JUNE 7, 2023

Arizona state officials announced last week that there is not enough groundwater for all of the construction that has already been approved in the Phoenix area. The HBACA noted that development of industrial and commercial buildings can continue, but homebuilders are restricted unless they find alternate water sources.

Real Estate 358

Real Estate Transportation Development Housing Market 358

Housing Wire

FEBRUARY 8, 2024

With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad.

Real Estate Agent 402

Real Estate Agent Real Estate Agents Clients 402

Appraisal Buzz

MAY 2, 2022

Construction Sites Will Stay on Schedule. The Infrastructure Investment and Jobs Act — also known as the Bipartisan Infrastructure Bill — passed in November 2021 but will soon affect the country. construction sites. These are a few ways it will affect real estate in the coming months. they won’t make a splash.

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

Lamacchia Realty

MAY 6, 2021

HOME RENOVATIONS IN 2021. Mike McGrory , Vice president Property Acquisitions, Development and Property Management for Lamacchia Realty shared how from his perspective they are seeing similar trends. Something to watch is how this will impact the new construction/flipping industry. April 8, 2021. February 4, 2021.

Renovations 55

Renovations Buyers Home Improvement Realty 55

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The Cost Approach is where a value is developed by determining the value of the land, and the replacement or reproduction cost of the improvements, or proposed improvements, on the property. Even if I do not include my development of the Cost Approach in my report, I have it in my work file. I’m glad you asked!

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Development Appraisal Market Value Valuation 337

Housing Wire

JULY 6, 2023

trillion in mortgage originations in 2021. 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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Inventory Renovations Real Estate Government 466

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.

Appraisal 365

Appraisal Development Finance Lending 365

Housing Wire

JUNE 22, 2021

Approximately 89% of the homes sold in May 2021 were on the market for less than a month. One positive development was the 7% increase in for-sale inventory, which should slightly help price conditions,” said Joel Kan, associate vice president of economic and industry forecasting for the Mortgage Bankers Association.

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Inventory Buyers Realtors Housing Market 420