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Sean Faries: How Lenders Can Navigate Construction Lending Technology Options

Appraisal Buzz

PERSON OF THE WEEK: At a time of lower-profit margins, a growing number of mortgage lenders are looking to lift their balance sheets by offering construction-to-per loans. This has led to the current boom in construction loan administration software designed to manage and simplify these complex products.

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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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Construction tech startup Modulous raises $11.5 million

Housing Wire

Seattle and London-based construction technology company Modulous has raised $11.5 The firm said the funding will help further the growth of its physical and digital technologies. based real estate developer, CEMEX Ventures , the venture arm of construction giant CEMEX ; Blackhorn Ventures (U.S.);

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New Home Construction Expectations for 2022

Appraisal Buzz

Of course, the construction industry has been facing some pressing challenges, including hitches in global and national supply chains. This makes new home construction a continued challenge, even as demand exists to accelerate new housing. In 2022, construction companies will have to work hard to catch up with an overwhelmed market.

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ADU options set to expand in California

Housing Wire

Las Vegas -based housing technology startup BOXABL on Tuesday announced that it has received approval to begin selling a factory-built accessory dwelling unit (ADU) in California , which could provide more options in a state strapped for affordable housing options.

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HUD to bring back Innovative Housing Showcase to National Mall in June

Housing Wire

The event is designed to highlights housing solutions and “advancements in housing design, technology and sustainability.” The event will also feature interactive exhibits, including full-sized prototype homes and other technology demonstrations. The future of housing is innovative.

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10 ways to use virtual reality technology in your real estate business

Housing Wire

The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). This transformative technology has opened up a new world of possibilities, empowering agents and captivating potential buyers like never before.