Inman

AUGUST 2, 2023

New construction listings on Zillow will now automatically be syndicated to Redfin. The companies believe the partnership will extend the reach of the homebuilders' listings while aiding consumers.

Construction 147

Construction Inventory Technology Brokerage 147

Eyes on Housing

OCTOBER 25, 2022

After bottoming out at 19% in the first quarter of 2022, the popularity of new homes continues to rebound, as the share of buyers looking for new construction rose to 21% and 27% in the second and third quarters of the year, respectively. Read More ›

Construction 181

Construction Buyers Inventory 181

Inman

JULY 11, 2023

Dash, which aims to improve how real estate agents access information about new construction projects, has released a beta test of its software in Miami, the company announced last week.

Construction 146

Construction Agents Real Estate Agent Real Estate 146

Real Estate News

MARCH 1, 2024

A Realtor.com survey of new home buyers reveals who is buying and what they want from real estate agents — their advocates in the purchase process.

Buyers 233

Buyers Agents Real Estate Agent Construction 233

Birmingham Appraisal

MARCH 26, 2024

They wanted to know if it was okay to use a new construction sale as a comp for an older home. The cost approach is most relevant for new or like new construction. It reflects the current cost of construction materials and labor as well as land value.

Construction 79

Construction Appraisal Process Appraisal Bracketing 79

Birmingham Appraisal

MARCH 26, 2024

They wanted to know if it was okay to use new construction sales in an appraisal of an older home. The cost approach is most relevant for new or like new construction. It reflects the current cost of construction materials and labor as well as land value.

Construction 71

Construction Appraisal Appraisal Process Bracketing 71

Eyes on Housing

APRIL 20, 2022

Preference for newly constructed homes skyrocketed in 2020, as buyers looked for homes with more square footage and amenities in which to work remotely, school children, exercise, etc. By the fourth quarter of 2020, 42% of prospective buyers preferred new construction.

Construction 162

Construction Buyers 162

Real Estate News

NOVEMBER 17, 2023

Building permits and housing starts rose modestly between September and October, suggesting that more supply could be coming online in future months.

Construction 215

Construction 215

Real Estate News

AUGUST 1, 2023

The two former rivals and popular home-search sites extend their connection beyond 3D Home, with Redfin calling Zillow listings “a new revenue opportunity.”

Construction 224

Construction 224

Inman

FEBRUARY 6, 2023

Homebuyers can put as little as 5 percent down when taking out a new construction loan, with one closing and an optional float-down to secure a lower interest rate, according to United Wholesale Mortgage.

Construction 113

Construction Mortgage Tools Buyers 113

Housing Wire

APRIL 4, 2024

Despite recent data indicating a poor affordable housing situation in Texas , the city of Houston must return $45 million in unused affordable housing funds to the state after failing to use them for construction of new homes. This is according to local reporting by a Houston ABC News affiliate.

Construction 445

Construction Government Housing Market Finance 445

McKissock

MAY 6, 2022

New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Those requirements can make it hard to find other new construction comparables.

Construction 86

Construction Appraisal Inspection Development 86

Housing Wire

FEBRUARY 21, 2024

By extension, Zonda also acquired NewHomeSource.com , one of the largest listings platforms for newly constructed homes, and Envision , a new home design platform. The acquisition marks a milestone in Zonda’s path to streamlining the new home shopping process. new home listings.

Business 413

Business Construction Design Inventory 413

Housing Wire

FEBRUARY 24, 2023

New home sales started off 2023 on a positive note, rising 7.2% On a year-over-year basis, however, new home sales are still down 19.4%. January marked a surge of people signing contracts to buy new homes. Rates have bounced higher since January, which likely is acting as a drag on new home sales in the meantime.”

Construction 427

Construction Contracts Buyers Development 427

Riverfront Appraisals

AUGUST 31, 2021

This month’s blog post will be all about new construction appraisals. The post The Loan Officer’s Guide to Appraisals Part 9: New Construction appeared first on Riverfront Appraisals. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process.

Construction 117

Construction Appraisal Appraisal Process Loan Officers 117

Real Estate News

APRIL 18, 2023

Low inventory has kept home prices high, and builders can’t deliver new homes fast enough to meet the demand.

Inventory 211

Inventory Construction 211

Housing Wire

JANUARY 17, 2024

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. Index values for December published last week.

Construction 462

Construction Supply Chain Transportation Buyers 462

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 481

Finance Construction Tenants Renovations 481

Housing Wire

SEPTEMBER 25, 2023

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%

Construction 410

Construction Real Estate Business Design 410

Eyes on Housing

JULY 29, 2022

After falling steadily for five quarters, the popularity of new homes rebounded in the second quarter of 2022, as 21% of prospective buyers reported looking for a newly-built home – up from 19% a quarter earlier. Read More ›

Buyers 156

Buyers Construction Inventory 156

Housing Wire

MARCH 5, 2024

Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country. The FFB risk-sharing initiative will assist in the construction of “tens of thousands of additional affordable homes” over the next decade, he wrote.

Insurance 468

Insurance Construction Government Design 468

Housing Wire

AUGUST 19, 2020

Buyer-generated content, including consumer reviews of builders, is now available on Zillow and will be viewable on builder profiles, community pages and paid new construction listings. In July, Zillow home shoppers expressed more interest in designing a new home, with page views in July to paid new construction listings up 81%.

Construction 518

Construction Design Tools Buyers 518

Housing Wire

NOVEMBER 4, 2021

For career switchers looking for a new path that doesn’t necessarily require a college degree, they could do worse than the building trades. million new hires for construction. Since the last housing bubble burst, when more than a million residential construction workers lost their jobs , a shortage has developed.

Construction 525

Construction Renovations Training Development 525

Housing Wire

OCTOBER 18, 2023

Multigenerational housing gains steam to combat affordability pressures According to a recent survey conducted by OnePoll , 61% of homeowners cited multigenerational housing as their primary motivation for constructing an ADU. Multigenerational living is not a new concept. the typical annual family’s income, according to U.S.

Construction 545

Construction Modernization Real Estate Mortgage 545

Housing Wire

MARCH 4, 2024

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. The persistent scarcity of existing homes drove buyers toward newly built properties, allowing builders to maintain double-digit margins.

Construction 404

Construction Inventory Sellers Buyers 404

Houston Properties

MARCH 15, 2024

Discover the benefits of using a Realtor for new construction. Learn how having an expert on your side can get you the best deal when buying a new home.

Realtors 36

Realtors Construction 36

Housing Wire

DECEMBER 21, 2023

A rise in homebuilder confidence , followed by new home construction reaching its highest level since May, signals a response to meet heightened demand as current inventory remains low.” Lower rates will have a positive impact on affordability, Lisa Sturtevant, chief economist at Bright MLS, said in a statement.

Mortgage 497

Mortgage Inventory Construction Marketing 497

Housing Wire

APRIL 5, 2024

The increase in new listings this spring, due both to new construction and to more homeowners choosing to sell, will give buyers more options and help to ease price growth. The housing train is slowing down just enough to give more first-time buyers an opportunity to hop on board,” Divounguy said.

Housing Market 450

Housing Market Marketing Training New Listings 450

Sacramento Appraisal Blog

JUNE 22, 2023

The housing market for new homes is rebounding, but that’s definitely not how I’d describe the rest of the market. Today I have some thoughts about new construction, avocado toast, and positioning yourself for the market that is happening. Skim or digest slowly.

Construction 295

Construction Housing Market Real Estate Appraisal 295

Housing Wire

FEBRUARY 12, 2024

In AFR, it’s adding the New Jersey-based, full-service independent mortgage bank that has direct, wholesale and correspondent lending divisions. It also has a niche in construction and manufactured home loan programs. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S.

Lending 412

Lending Renovations Construction Finance 412

Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Fueling this increase is new construction, according to Divounguy, even though the 1.3% Texas and New Jersey round out the top five.

Housing Market 512

Housing Market Marketing Inventory Finance 512

Eyes on Housing

JULY 23, 2021

The drop is most likely the direct result of strong gains in new home prices in 2021, which have been driven by double-digit growth in. The share of prospective home buyers looking to buy a newly-built home peaked at 42% in the fourth quarter of 2020, before falling to 38% and 33%, respectively, in the first two quarters of 2021.

Construction 166

Construction Buyers 166

Real Estate News

FEBRUARY 28, 2024

A new Realtor.com report found that the housing supply gap has grown considerably over the past decade as household formation has outpaced home construction.

Housing Market 277

Housing Market Construction Marketing 277

Housing Wire

JULY 7, 2023

Manufacturing activity remains quite weak, while consumer spending has held up somewhat better, and new home construction and sales have picked up. Employment in the construction industry has increased by an average of 15,000 per month thus far this year, compared with an average of 22,000 per month in 2022.

Construction 370

Construction Renovations Government Inventory 370

Eppraisal

MAY 6, 2022

Nowadays, new construction homes are being built year-round. As Spring is in full swing around the country, new construction landscaping has begun for those who've moved into homes during the winter months. Even in the coldest of winters and in snowy or wet conditions, contractors are at home sites building away.

Construction 36

Construction Contracts Home Value Buyers 36

Sacramento Appraisal Blog

NOVEMBER 1, 2021

I have some brand new visuals to share (Part I) and then let’s unpack a new study about affording new construction (Part II). Are buyers struggling to afford the market? Let’s talk about that today. What are you seeing in your area regarding affordability? I’d love to hear.

Construction 404

Construction Buyers Marketing Realtors 404

Housing Wire

APRIL 15, 2024

New Orleans, San Antonio, Tampa, Orlando and Jacksonville are among the locales that posted the slowest month-over-month price growth in March. There are places where new construction relieved some pressure, and where homeowners are less locked into their mortgage, but not in the nation’s most expensive metros.

Housing Market 436

Housing Market Inventory Buyers New Listings 436