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Homebuilders prepare to restart delayed projects

Housing Wire

The total number of homes under construction increased 1.2% — the 12th consecutive monthly increase and its highest level since 2007. Permits for new construction by homebuilders dropped 3%, largely because lumber and building material costs kept prices high. Presented by: Move Sales.

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Some mortgage companies expanding despite challenges

Housing Wire

Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm. When we help bring distressed properties back to the market, it’s up to 31% less expensive than a new construction home.”. Department of Agriculture (USDA). Chicago’s housing market started out hot in 2022.

Mortgage 397
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Top of the list: An interview with Ben Caballero

Housing Wire

Each year RealTrends releases its list of the highest performing real estate agents in the country, and, like clockwork, Ben Caballero of Dallas-based HomesUSA tops the list. And are these numbers for real? You said before 2007 that you were providing services for homebuilders manually. Ben Caballero.

Realtors 415
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Opinion: Investors play key role in providing affordable housing options

Housing Wire

Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses.

Investors 435
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Fed’s latest 25 bps hike could be its last (but maybe not)

Housing Wire

The Federal Reserve (Fed) raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%, a level they have not reached since 2007. Existing home sales in particular have been paltry in 2023, largely due to low levels of inventory.

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DataDigest: New data shows how brokerages, agents, landlords & homebuilders were reshaped by the pandemic

Housing Wire

The industry segment totaled 823,091 jobs in 2021, the highest total since 2007. Unlike in the construction industry, the BDS data does not distinguish between residential and non-residential, so it is unclear how residential lessors fared relative to retail, office, etc. That total was a 4.9%

Landlords 448
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Lamacchia Realty Announces Top Producing REALTORS® for October 2024

Lamacchia Realty

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of  Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !