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 511

Housing Market Marketing Inventory Construction 511

Housing Wire

MARCH 7, 2024

Long, who brings more than 20 years of experience in the mortgage industry, will be responsible for building Planet’s retail networks and will also have a focus on product development, the company said. decline from 2022, according to Inside Mortgage Finance.

Retail 379

Retail Lending Renovations Construction 379

Boston Appraisal

OCTOBER 6, 2023

While there is a myriad of financing options available for those looking to purchase or invest in real estate, today we’ll zero in on two distinct choices: hard money loans and traditional financing. Hard money loans, in contrast, are often financed by private investors or smaller lending companies.

Finance 148

Finance Investors Lending Real Estate 148

Housing Wire

JULY 26, 2023

Department of Housing and Urban Development (HUD) this week announced a new notice of funding opportunity (NOFO) to examine the intricacies of converting office space into residential living units. Each new goal, while worthy, widens the disconnect between buildings constructed decades ago and what regulation requires today.”

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Development Finance Design Construction 351

Housing Wire

MARCH 21, 2024

Adding his leadership skills will be beneficial at a time when Planet is looking to differentiate itself with various purchase loan products, one-time-close construction loans and other niche programs, the company stated. He will focus on product development and building the company’s retail lending network. increase.

Lending 349

Lending Retail Contracts Construction 349

Eyes on Housing

NOVEMBER 13, 2023

During the third quarter of 2023, availability of loans for residential Land Acquisition, Development & Construction (AD&C) continued to tighten, according to both NAHB’s survey on AD&C Financing and the Federal Reserve’s survey of senior loan officers.

Loan Officers 179

Loan Officers Construction Finance Development 179

Eyes on Housing

MARCH 30, 2023

According to NAHB analysis of Federal Deposit Insurance Corporation (FDIC) data, large banks (assets greater than $10 billion) have increased their share of the residential construction loan market above pre-Great Recession levels in recent years. The majority of 1-4 residential construction loans are still. Read More ›

Construction 103

Construction Insurance Development Marketing 103

Housing Wire

FEBRUARY 24, 2023

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. 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. New home sales started off 2023 on a positive note, rising 7.2%

Construction 432

Construction Contracts Buyers Development 432

Eyes on Housing

FEBRUARY 16, 2023

During the fourth quarter of 2022, credit continued to become less available and generally more costly on loans for Acquisition, Development & Construction (AD&C) according to NAHB’s Survey on AD&C Financing.

Construction 174

Construction Finance Development Lending 174

Eyes on Housing

FEBRUARY 20, 2024

During the fourth quarter of 2023, credit for residential Land Acquisition, Development & Construction (AD&C) remained tight, according to both NAHB’s survey on AD&C Financing and the Federal Reserve’s. However, the tightening was not as widespread as it was in recent quarters.

Construction 133

Construction Finance Development Lending 133

Housing Wire

DECEMBER 28, 2023

Leaders in Colorado districts are entering the housing market in a variety of ways, including engaging in partnerships with developers, constructing tiny homes and even becoming landlords, according to a story published by the Denver Post. The actions of these districts in Colorado is not unprecedented.

Housing Market 417

Housing Market Marketing Landlords Development 417

Housing Wire

FEBRUARY 5, 2021

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Modern construction finance requires new infrastructure altogether. and Canada. and Canada.

Technology 247

Technology Construction Finance Modernization 247

Housing Wire

MARCH 1, 2024

Mortgage trade groups have commended the moves taken by the Federal Housing Finance Agency (FHFA) and the government-sponsored enterprises (GSEs) to address a spike in loan buybacks — the latest being a new electronic notification made available by Fannie Mae. But advocates also say more is needed to improve the loan repurchase process.

Construction 426

Construction Government Mortgage Finance 426

Miller Samuel

DECEMBER 5, 2018

I was invited by Julie Hyman at Yahoo Finance TV for a discussion on the weakening luxury housing market and some other topics of interest. The conversation shifted from what I was invited to cover, to the developing news story. It was exciting to be there during the perfect storm.

Finance 221

Finance Real Estate Development Housing Market 221

Housing Wire

FEBRUARY 6, 2023

billion and injected $925 million into UWM to develop new technology and grow the broker channel. UWM originated $128 billion in 2022, per Inside Mortgage Finance estimates. Hubacker said in a statement he will enhance the CFO role and capabilities of UWM’s finance team as a “strategic business partner to the company.”

Finance 368

Finance Valuation Construction Mortgage 368

Housing Wire

DECEMBER 22, 2020

Retail lender Movement Mortgage has invested $200 million to expand its nonprofit Movement Foundation , and to accelerate the development of its growing charter school network. The investment will also aide in the development of adjacent affordable housing and health clinics in Central America, the company said in a statement this week.

Investing 397

Investing Mortgage Development Retail 397

Housing Wire

SEPTEMBER 26, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. In August, the sales pace of new homes fell 8.7%

Inventory 491

Inventory Buyers Construction Sellers 491

Eyes on Housing

AUGUST 11, 2022

During the second quarter of 2022, credit became both tighter and more costly on loans for Acquisition, Development & Construction (AD&C) according to NAHB’s Survey on AD&C Financing.

Construction 183

Construction Contracts Finance Development 183

Housing Wire

JULY 26, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). It’s a unique housing market, unparalleled in recent years, for the active inventory to be so heavily skewed towards new construction. In June, the sales pace of new homes fell 2.5% compared to May , dropping to a seasonally adjusted annual rate of 697,000.

Housing Market 345

Housing Market Marketing Construction Inventory 345

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. Perhaps the most important trait for a commercial real estate developer is the ability to identify an ideal piece of land. Image by Unsplash. Network to get funding.

Real Estate 303

Real Estate Development Appraisal Contracts 303

Housing Wire

JUNE 1, 2021

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. The tax credit would cover the difference between total development costs — including acquisition, rehabilitation, demolition and construction — and the sales price.

Renovations 508

Renovations Development Investors Legal 508

Housing Wire

JULY 18, 2023

The lack of resale inventory means prospective home buyers who have not been priced out of the market continue to seek out new construction in greater numbers,” Alicia Huey, the chairman of the NAHB, said in a statement. “At Furthermore, higher interest rates increase the cost of financing for building homes and developing lots.”

Inventory 340

Inventory Construction Buyers Housing Market 340

Housing Wire

SEPTEMBER 7, 2021

Treasury and the Department of Housing and Urban Development ’s risk-based sharing program, and increase funding to existing programs. The Federal Housing Finance Agency announced a significant increase — from $1 billion to $1.7 billion — in government sponsored enterprise investments in Low-Income Housing Tax Credit projects.

Construction 391

Construction Government Inventory Finance 391

Housing Wire

NOVEMBER 23, 2021

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. Neighborhood Homes creates a tax credit that covers the gap between the cost of construction and a home’s sale price.

Investing 429

Investing Renovations Development Construction 429

Housing Wire

APRIL 19, 2023

The sharper focus on cost is now boosting interest in modular factory-built ADUs, which tend to be less expensive and faster to build than custom onsite construction. That includes offering competitive financing, tracking the vagaries of local permitting and then helping customers through the permitting process.

Buyers 344

Buyers Real Estate Construction Finance 344

Housing Wire

JULY 25, 2023

Usually built by one developer, they are large, custom-built residential communities that include a number of recreational amenities for residents. Land Tejas, owned by Starwood Capital Group, appeared on the list three times and was the developer behind Sunterra. All of its communities were in Texas.

Development 299

Development Real Estate Construction Inventory 299

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. A bipartisan group of legislators from the U.S.

Modernization 352

Modernization Law Design Construction 352

Eyes on Housing

AUGUST 25, 2023

Interest rates on loans for Acquisition, Development & Construction (AD&C) continued to climb in the second quarter of 2023, according to NAHB’s quarterly Survey on AD&C Financing.

Construction 78

Construction Contracts Finance Development 78

Housing Wire

OCTOBER 21, 2021

The Affordable Housing Program (AHP) requires that each of the 11 FHLBanks in America contributes 10% of the preceding year’s net income to the purchase, construction, or rehabilitation of homes. The push will come from the Congress, where the COVID-19 pandemic rekindled discussions about a program established in the 1990s.

Investing 343

Investing Development Finance Technology 343

Housing Wire

JANUARY 18, 2024

This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. Housing starts declined 9% in 2023, an indication that homebuyers looking to purchase a new construction home may continue to struggle with the lack of inventory this year.

Mortgage 530

Mortgage Inventory Retail Construction 530

Housing Wire

JULY 28, 2022

The new rule guidance is designed to expand the supply of affordable housing by making it easier to develop, repair or operate affordable housing. billion for affordable-housing development and preservation. Louis , that gap is 29.3 points — with the white homeownership rate at 74%; the African American homeownership rate at 44.7%

Government 357

Government Development Finance Legal 357

Housing Wire

AUGUST 10, 2023

In June, insurance giants State Farm and Allstate pulled out of California’s home insurance marketplace, citing mounting construction costs. CoreLogic said insurers’ models should account for the current risk landscape, including climate change considerations.

Insurance 325

Insurance Construction Realtors Development 325

Housing Wire

JANUARY 13, 2023

Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. Builders are getting smarter about their finances, which includes planning for project success. Fortunately, it’s not all bad news.

Marketing 459

Marketing Contracts Supply Chain Project Management 459

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The NHC lauded the development.

Construction 533

Construction Renovations Insurance Landlords 533

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

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 388

Real Estate Agent Real Estate Agents Clients 388

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