Housing Wire
DECEMBER 29, 2023
And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.
Housing Wire
JULY 20, 2022
Accessory dwelling units are increasingly legal. Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. housing shortage that the National Association of Realtors pegged at 5.5 ADUs were legalized statewide in 2017.
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Housing Wire
FEBRUARY 22, 2024
Balancing supply and demand is a delicate dance between new construction and existing properties. Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls.
Housing Wire
SEPTEMBER 14, 2023
Over one-third (34%) of prospective buyers have yet to purchase a home because there are not enough homes for sale in their budget, according to a new survey from the National Association of Realtors. The Realtor survey was sent out in late July to 55,751 randomly-selected residential Realtors.
Housing Wire
APRIL 13, 2022
The Hispanic homeownership rate grew moderately to 48.4%, partly due to organized advocacy and the work of Latino Realtors and lenders. Housing costs, particularly at the bottom of the market, have skyrocketed with a limited supply of housing and a severe shortage of construction workers. Increasing the supply of affordable housing.
Housing Wire
DECEMBER 29, 2021
Caballero does not have to guide these corporate clients through the legal and administrative work — and emotional heft — of selling a home. Ben Caballero : Our service supports builders, sales, their marketing and then management as it relates to marketing their homes to realtors. It will give you in an with realtors.
Empire Appraisal Group
DECEMBER 28, 2022
Florida Realtors. If you can legally add an accessory dwelling unit (ADU), should you? Constructing an ADU could increase your property value while providing rental income or extra living space for a family member. Does Adding an In-Law Suite Pay Off? Source: Does Adding an In-Law Suite Pay Off? By Liz Weston.
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