Housing Wire

FEBRUARY 13, 2024

Despite high mortgage rates , master planned communities (MPCs) did well in 2023. According to a survey released Tuesday by John Burns Research & Consulting , the top 50 MPCs sold more than 34,600 new homes in 2023, up 24% from the nearly 28,000 sales in 2022.

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Buyers Design Construction Marketing 423

Housing Wire

JANUARY 19, 2024

Existing home sales dropped to their lowest level in nearly 30 years in 2023, according to a report from the National Association of Realtors (NAR), released Friday. In 2023, 4.09 If there had been more listings on the market in 2023, we would have had more home sales.” million existing homes were sold, the fewest since 1995.

Inventory 422

Inventory Realtors Housing Market Construction 422

Housing Wire

FEBRUARY 24, 2023

New home sales started off 2023 on a positive note, rising 7.2% The backlog of new construction homes continues to emerge into the market just in time for the spring shopping season,” Nicole Bachaud, Zillow ’s senior economist, said in a statement. Census Bureau and the Department of Housing and Urban Development (HUD) on Friday.

Construction 424

Construction Contracts Buyers Development 424

Eyes on Housing

MAY 12, 2023

According to the Federal Reserve Board’s April 2023 Senior Loan Officer Opinion Survey (SLOOS)—conducted for bank lending activity over the first quarter of 2023—banks reported that lending standards tightened for most residential real estate (RRE) and commercial real estate (CRE) loan categories.

Lending 177

Lending Real Estate Loan Officers Construction 177

Housing Wire

JULY 6, 2023

Real estate markets also speak to resilient conditions, as buyers have accepted mortgage rates in the new normal of 6% – 7% range and kept a steady pace of sales over the past few months. Consumer spending keeps growing, as do auto sales, which were expected to soften. jobs market remains strong with U.S. or even a little higher.

Mortgage 378

Mortgage Construction Inventory Investors 378

DW Slater Company

FEBRUARY 13, 2024

Love in Real Estate I’m I wrote this blog – 4 Things I Love About Being a Real Estate Appraiser- 10 years ago! Mortgage interest rates dipped to historic lows around 3% in 2020 and 2021 then made big jumps in 2022, peaking at close to 8% in November of 2023. So much has changed since that time!

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Real Estate Appraisal Valuation Real Estate Agent 146

Housing Wire

JULY 25, 2023

New home sales among the “50 Top-Selling Master-Planned Communities” increased by 7% in the first half of 2023 compared to the same period in 2022, according to a study by RCLCO Real Estate Consulting. Most MPC developers remain optimistic about the second half of 2023, according to RCLCO.

Development 291

Development Real Estate Construction Inventory 291

The Robert Weiler Company

JANUARY 27, 2023

The Arch City is on a trajectory of commercial real estate greatness that overtakes the coasts, robbing them of their long-held Atlantic and Pacific appeal. Below, we review the industrial real estate trend for 2023, focusing on the digital technology sector.

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Real Estate Supply Chain Construction Development 148

Housing Wire

DECEMBER 30, 2022

“It’s going to be competitive — thin margins, little business and LOs getting out of the industry,” Dave Krichmar, banker at Legend Lending Corporation, said of the mortgage industry in 2023. It’s positive news for an industry that has recently dealt with a lackluster amount of inventory.

Renovations 385

Renovations Realtors Construction Mortgage 385

Housing Wire

APRIL 24, 2023

“The economic slowdown has resumed – whether the end result is a modest recession or simply a soft landing remains unanswered – although we continue to expect the former, as we have since April of last year, when we first made our 2023 recession call,” Doug Duncan , senior vice president and chief economist at Fannie Mae, said. decline.

Construction 361

Construction Inventory Lending Mortgage 361

Housing Wire

NOVEMBER 28, 2023

The Husky Homes real estate team, led by Alison Crim, has joined Compass , the company announced on Tuesday. The team specializes in buyer and seller representation as well as new construction. 15 in the state of Wisconsin by transaction sides, according to the RealTrends 2023 America’s Best list. “As

Real Estate Agent 402

Real Estate Agent Real Estate Realty Technology 402

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). In 2023, new-home sales are up 5% year to date, Yun said.

Real Estate 450

Real Estate Inventory Sellers Realtors 450

Housing Wire

MAY 21, 2024

It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in 2024. in Q1 2023. in Q1 2023. That investor was willing to lose money on the deal just to keep his construction crew busy. “I

Marketing 429

Marketing Investors Real Estate Investing 429

Housing Wire

MAY 10, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $300 million unrated securitization of residential transition loans (RTLs), the company announced on Friday. The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

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Investing Investors Real Estate Construction 298

Housing Wire

MARCH 27, 2024

Its listings in 2023 fell below its 2019 level, although the drop was less steep than that experienced outside of Florida and far less steep than other metros like San Diego. In 2023, not only is Watson Realty’s lead gone, but the company has fallen to 3rd place in listings.

Brokerage 393

Brokerage Realty Real Estate Inventory 393

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). Housing inventory is expected to remain tight in 2023, with housing starts below historical averages and fewer homeowners willing to sell, said NAR Chief Economist Lawrence Yun.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

GoForrmz

MARCH 1, 2023

The GoFormz team will be exhibiting at the New York Build Expo 2023! We couldn’t be more excited to be in attendance at the New York Build Expo at the Javits Center, on March 8 & 9, 2023. New York Build Expo 2023 New York Build is attended by thousands of AEC & real estate professionals.

Construction 148

Construction Project Management Business Real Estate 148

Housing Wire

JUNE 2, 2023

The construction sector also saw job gains in May, adding 25,000 positions, thanks to a large uptick in heavy and civil engineering construction, which added 10,700 jobs. Residential building construction added 2,400 jobs during the month. year-over-year increase, further complicating things for the Fed.

Construction 352

Construction Real Estate Housing Market Transportation 352

Appraisal Buzz

JUNE 11, 2024

In a strange turn of events, one part of the East Coast real estate market is cooling faster than the rest of the country, while markets such as Rochester and Buffalo, New York are heating up by attracting buyers with relatively low prices. Many buyers are discovering that new-construction homes offer a compelling solution.

Insurance 368

Insurance Construction Housing Market Inventory 368

Housing Wire

MAY 25, 2022

The real estate industry is in the stages of a seismic shift to fully digital experiences. Furthermore, when it comes to new construction homes, more than one-third of buyers have their interest piqued in a builder while browsing online. Smart home features also pique the interest of two-thirds of new build buyers.

Construction 430

Construction Real Estate Buyers Sellers 430

Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. That is 12 million more than Netflix and 32 million more than LinkedIn.

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Investors Agents Real Estate Buyers 398

Housing Wire

DECEMBER 4, 2020

More importantly, he said the current environment may even holdup into 2023. “We Slower value growth will most likely occur from increased sales-inventory, which has been putting upwards pressure on prices for months now though recent housing starts data from the Census Bureau shows construction is finally playing catch-up.

Mortgage 506

Mortgage Contracts Construction Inventory 506

Housing Wire

MARCH 22, 2023

The current bank crisis hit California-based Pacific Western Bank , a community bank owned by PacWest Bancorp that has a focus on real estate and commercial loans. The increase was due primarily to the residential and real estate mortgage and construction portfolios, consisting of 70% of the total portfolio in Q4 2022.

Real Estate 360

Real Estate Investors Investing Finance 360

Housing Wire

JANUARY 9, 2024

Here are a few trends in financing that will continue to catalyze the construction of more ADUs: Expanded access to mortgage financing The Federal Housing Authority announced a new policy in October 2023 that has made it easier to finance construction of new ADUs, as well as making it more achievable to buy or refinance a house with an existing ADU.

Finance 446

Finance Construction Tenants Renovations 446

Housing Wire

AUGUST 5, 2022

Construction gained 32,000 jobs in July, with residential building gaining 2,900 jobs and residential specialty trade contractors gaining 11,200 jobs. Employment in the construction sector is now 82,000 jobs higher than in February 2020. ” The real estate, rental and leasing services sector gained 1,400 jobs in July.

Real Estate 398

Real Estate Construction Brokerage Insurance 398

Empire Appraisal Group

AUGUST 3, 2023

NEWS & MEDIA Bilanol/Getty Images Plus Source: [link] Study: Real Estate Hot in Hurricane Ian-Hit Areas By Kerry Smith Storms rarely have a long-term effect on the local real estate market. That means the sales shortfall had shrunk from 723 to 185 by early May 2023. FORT MYERS, Fla. Bokhari says.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. HW: What are the risk management challenges for REO assets? territories.

Business 350

Business Marketing Real Estate Legal 350

D Fritz Appraisals

JUNE 28, 2022

In a bid to control that reduction and avoid a crash like that seen in the US in 2008, the Bank of Canada increased interest rates throughout 2022 and it is predicted there will be further increases into 2023. Pace of Real Estate Market Steady into Spring. from 2021 – notably low for spring. agrees with this prediction.

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Inman

SEPTEMBER 25, 2023

The 2023 real estate market has been a bit of a conundrum for agents and brokerages. Construction of new homes is largely stalled or at least not meeting the high demand, and many homeowners who locked in record-low interest rates during the pandemic simply aren’t willing to leave their homes and sell.

Inventory 190

Inventory Brokerage Construction Real Estate 190

Housing Wire

MARCH 10, 2023

The construction sector added 24,000 jobs in February thanks to a large uptick in the specialty trade contractors segment of construction, which gained 13,400 jobs, and residential specialty trade contractors accounted for 11,200 of those jobs. Construction job openings collapsed in January to the lowest level since October 2020.”

Construction 307

Construction Real Estate Housing Market Retail 307

Housing Wire

JUNE 7, 2023

“Christine is a passionate and influential leader in real estate finance and is a terrific choice to lead MBA and its members through the challenges and opportunities our industry faces,” said Matt Rocco , the 2023 MBA chairman and president of Colliers Mortgage.

Real Estate 303

Real Estate Finance Realty Construction 303

Housing Wire

APRIL 1, 2024

We do see this as a new asset class in the real estate ecosystem and we see it as complementary to traditional debt options that exist today,” Burnett said. Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In

Finance 382

Finance Investing Real Estate Agent Real Estate 382

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. Now as 2022 starts to wind down, a lot of people are trying to forecast how the housing market will turn out in 2023. That’s where we come in.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Appraisal Buzz

JUNE 3, 2024

The market backdrop It’s a hard time out there for real estate. That has resulted in credit standards tightening and fewer transactions happening in the market (according to CBRE, commercial real estate volumes were down 54% through Q3 2023 ).

Investors 195

Investors Marketing Real Estate Renovations 195

Housing Wire

MARCH 8, 2024

In February, employment continued to trend up in construction, adding 23,000 jobs month over month. Home sales recorded the lowest activity in 2023 in nearly 30 years. It implies sizable potential real estate demand on the sidelines, ready to pounce once short-term conditions move favorably.” month over month to $34.57

Transportation 421

Transportation Retail Housing Market Construction 421

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. After the series wraps, join us on May 30th for the HW+ Virtual 2023 Forecast Event. The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis.

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Realtors Buyers Inventory Investors 413

Housing Wire

JUNE 1, 2023

In addition to agency and GSE home loans, Planet also has niche products tailored to today’s tight real estate markets, including self-funded One-Time Close (OTC) construction loans as well as manufactured housing and renovation mortgage loans,” Gross said in a statement. The lender originated $6.5

Retail 392

Retail Mortgage Lending Renovations 392