Housing Wire

JUNE 2, 2023

Real estate investment management firm Pretium Partners is acquiring thousands of homes from home construction company D.R. Founded in 2012, the Pretium platform capitalizes on investment and lending opportunities and has more than $50 billion of assets with real estate investments across 30 markets in the U.S, Horton Inc.

Real Estate 418

Real Estate Investors Investing Housing Market 418

Housing Wire

OCTOBER 19, 2022

The new construction industry was not blind to the impacts this will have on housing demand. Builders are starting on construction on fewer single-family houses, but they’ve been breaking ground on more apartments and condominiums. million housing units under construction, an all-time record. and multifamily falling 13.1%.

Construction 468

Construction Development Housing Market Brokerage 468

Housing Wire

FEBRUARY 23, 2024

The analysis is limited to resale properties and does not include new construction, which means that build-to-rent activity is excluded. year over year to 251,462, the lowest fourth-quarter level since 2012, Redfin reported. Purchase activity peaked in July, driven by a portfolio acquisition completed by Invitation Homes.

Buyers 448

Buyers Investors Real Estate Insurance 448

Appraisal Buzz

NOVEMBER 20, 2024

The index was benchmarked to 100 in March 2012. The Conventional, Government, Conforming, and Jumbo MCAIs are constructed using the same methodology as the Total MCAI and are designed to show relative credit risk/availability for their respective index. The Conventional MCAI increased 1.0 percent, and the Conforming MCAI rose by 0.9

Mortgage 418

Mortgage Government Design Construction 418

Housing Wire

FEBRUARY 8, 2024

Mortgages rates reached their highest level since 2000 , construction costs rose and building regulations remained burdensome, leaving U.S. This figure was virtually unchanged from Q3 2023, which was the lowest on record since NAHB began tracking the metric in 2012. median income of $96,300. median income of $96,300.

Housing Market 508

Housing Market Construction Marketing Mortgage 508

Appraisal Buzz

AUGUST 19, 2024

That’s the lowest July level in records dating back to 2012, according to a new report from Redfin. Sales of existing homes rose 0.6% month over month in July but fell 2% year over year to a seasonally adjusted annual rate of 4,094,991.

Buyers 397

Buyers Construction Housing Market Mortgage 397

Housing Wire

NOVEMBER 18, 2020

The homeownership rate in Texas rose to an all-time high of 70% in the third quarter, exceeding the national metric for the first time since 2012, according to a report from the Texas A&M Real Estate Center. The report said that although lot development slowed in Q3, single-family permits and construction values “ trended upward.”.

Inventory 435

Inventory Real Estate Construction Development 435

Housing Wire

MARCH 22, 2023

The program provides direct loans to Native American veterans and veterans who are married to Native American non-veterans to help with the purchase, construction or renovation of a home on trust land. from 2012 to 2021. Across the country, 180 loan program originations took place between 2012 and 2021.

Mortgage 418

Mortgage Renovations Insurance Construction 418

Housing Wire

APRIL 8, 2024

It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. I think in a healthy housing market, you have to have both new construction and preservation efforts,” Maxwell said. “We

Tenants 511

Tenants Finance Construction Government 511

Housing Wire

OCTOBER 19, 2020

However, it is becoming increasingly challenging to build affordable homes as shortages of lots, labor, lumber and other key building materials are lengthening construction times,” Fowke said. year over year in September – the largest annual increase since at least 2012. How 2020 continues to impact mortgage closings.

Housing Market 418

Housing Market Construction Buyers Inventory 418

Appraisal Buzz

OCTOBER 14, 2024

The gap was as wide as 18% in 2012, following the global financial crisis of 2007–2009, when many minority communities were hit especially hard, setting back progress by several years. Hispanic-owned homes are currently worth 11.9% less than homes owned by non-Hispanic white households, down from 12.1% last year and a recent high of 12.4%

Home Value 394

Home Value Construction Buyers Mortgage 394

Housing Wire

NOVEMBER 16, 2022

Homebuilder confidence continued to drop in November, hitting its lowest level since June 2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

Buyers 545

Buyers Mortgage Real Estate Housing Market 545

Appraisal Buzz

SEPTEMBER 13, 2024

In March 2012, the index was benchmarked at 100. Note: Less complete and less frequent data were used to construct the data previous to March 31, 2011, which were measured at 6-month intervals and interpolated for charting purposes in the months in between. In August, the MCAI increased by 0.9%

Mortgage 414

Mortgage Government Lending Construction 414

Appraisal Buzz

OCTOBER 15, 2024

In March 2012, the index was benchmarked at 100. Less complete and less frequent data were used to construct the data previous to March 31, 2011, which were measured at 6-month intervals and interpolated for charting purposes in the months in between. The Government MCAI grew by 0.8%, while the Conventional MCAI fell by 1.7%.

Mortgage 387

Mortgage Government Lending Construction 387

Housing Wire

OCTOBER 18, 2022

Homebuilder confidence continued its downward spiral in October, hitting its lowest level since August 2012, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Tuesday.

Housing Market 435

Housing Market Buyers Contracts Construction 435

Appraisal Buzz

SEPTEMBER 27, 2024

than the second consecutive quarter in which newly constructed apartment rentals showed an annual decline, and the second-deepest decline in the previous five years. Will an Apartment Construction Boom Lead to Lower Rents? Only this year’s first quarter had a greater reduction in rents—by 7.5%—than A new Redfin study from the U.S.

Construction 284

Construction Tenants Finance Appraisal 284

Housing Wire

DECEMBER 19, 2022

Homebuilder sentiment dropped yet again in December, hitting its lowest reading since mid-2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020. Looking ahead, Dietz recommended that builders plan one year or more out when thinking about land and construction timelines.

Contracts 448

Contracts Construction Buyers Real Estate 448

Housing Wire

JUNE 10, 2024

When it comes to solving the housing crisis, we need a dual approach: more construction and more efficient use of existing housing stock,“ Pacaso co-founder and CEO Austin Allison, a 2022 HousingWire Tech Trendsetter , said in the report.

Development 353

Development Construction Real Estate Government 353

Housing Wire

FEBRUARY 24, 2022

It gives an idea of what to expect for housing construction. months and above, the builders will pull back on construction. The builders will pull back on construction growth if new homes sales start to head lower. Every housing weakness we have seen from 2012 to 2022 was supposed to be the housing bubble crash.

Construction 435

Construction Housing Market Marketing Mortgage 435

Housing Wire

APRIL 26, 2021

In looking at more than 400 metros, Redfin found that homes sold during a four-week period ending April 18 were on the market for a median of 21 days, the shortest time on market since 2012. And on top of that, builders are struggling to construct new homes given an ongoing lumber shortage.

Sellers 482

Sellers Housing Market Marketing Buyers 482

Housing Wire

NOVEMBER 23, 2022

The increase in new-home prices reflects a shift in the mix of homes being sold, with fewer homes sold at lower prices points, thus the median price escalated, as well as higher construction costs are being passed on to the consumer,” Kushi said. One year ago, 18% of new-home sales were priced below $300,000.

Housing Market 397

Housing Market Construction Inventory Development 397

Housing Wire

FEBRUARY 26, 2021

Boatman Patterson began serving on the CalHFA’s board of directors in 2012 and was appointed as Executive Director just two years later by then-Gov. To do so, Biden’s plan would invest $640 billion over 10 years, with a $100 billion Affordable Housing Fund to construct and upgrade affordable housing. Jerry Brown.

Finance 367

Finance Construction Lending Investing 367

Appraisal Buzz

AUGUST 7, 2024

A newly constructed home’s median size in 1973 was 1,525 square feet. Overcrowding issues haven’t gotten much worse since 2012 but haven’t notably improved. From 2012 to 2022, the overall share of overcrowded housing units increased by an average of only 0.17 That median was 2,233 square feet by 2023. percentage points.

Construction 195

Construction Real Estate Appraisal 195

Housing Wire

JUNE 22, 2021

For the NAR, this is a record high and marks 111 straight months of year-over-year gains since March 2012. While builders rush to construct these homes on the thousands of lots already purchased, existing homes may have a chance to enter the market. The median existing-home price for all housing types in May was $350,300, up 23.6%

Inventory 448

Inventory Buyers Realtors Housing Market 448

Housing Wire

DECEMBER 29, 2021

After failing from 2012-2019, they went all in during 2020 due to COVID-19, only to move the goalpost to 2021 due to forbearance. Housing permits are growing and this is a good thing for the economy and construction jobs. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020.

Housing Market 534

Housing Market Marketing Construction Mortgage 534

Housing Wire

JULY 13, 2022

I don’t need the housing market to have 2012, 2014, orr 2016 inventory levels to be balanced — I just need 2019 inventory data, which is between 1.52-1.93 From BLS : The downside of higher rates Housing construction will slow. million homes, using the NAR data. NAR: Total Inventory.

Inventory 540

Inventory Housing Market Mortgage Construction 540

Housing Wire

FEBRUARY 9, 2023

At the end of the fourth quarter, the index stood at its lowest level since the NAHB began tracking the data on a consistent basis in 2012.

Supply Chain 397

Supply Chain Housing Market Marketing Mortgage 397

Eyes on Housing

JUNE 27, 2024

New single-family starts have trended higher since 2012, reaching a post-pandemic peak of 1,133,145 units in 2021. According to NAHB analysis of the 2023 Survey of Construction (SOC), new single-family starts decreased in 2023 for the second consecutive.

Construction 147

Construction Housing Market Mortgage Marketing 147

Housing Wire

AUGUST 3, 2023

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” We believe this lack of existing homes on the market is pushing prospective buyers toward new homes, bolstering sales and construction,” he added.

Construction 370

Construction Development Finance Mortgage 370

Appraisal Buzz

NOVEMBER 14, 2024

Stowell currently sits on the Board of Directors at Toll Brothers, Pacific Mutual Holding Company, and HomeAid America, a non-profit organization whose mission is to help people experiencing or at risk of homelessness build new lives through construction, community engagement, and education. housing market.”

Construction 221

Construction Investing Government Real Estate 221

Appraisal Buzz

JULY 16, 2024

With the addition of new amenities, upgraded finishes and improved quality of aesthetics and construction, in some cases it is hard to tell the difference between a manufactured home and site-built home. Regulations went into effect in 1976 that require new manufactured homes to meet federal standards defined by the U.S.

Modernization 397

Modernization Buyers Construction Marketing 397

Housing Wire

DECEMBER 23, 2021

months and above, the builders will pull back on construction. One of the key reasons why the housing crash addicts from 2012-2019 failed badly — and ended up falling even more in 2020 and 2021 — was that we were never working from an overheated short-term credit housing boom that would be hard to sustain. When supply is 4.4

Inventory 493

Inventory Marketing Construction Mortgage 493

Housing Wire

MAY 24, 2022

months and above, the builders will pull back on construction. Yes, the builders have issues as rates have risen on them and this will impact the single-family construction aspect of their business. When supply is 4.4 months, this is just an OK market for the builders. They will build as long as new home sales are growing.

Housing Market 418

Housing Market Inventory Construction Marketing 418

Appraisal Buzz

JULY 5, 2024

And while new construction may be necessary to create slack in the market, over the longer term, the rebalancing needed will originate from lower rates that ease the lock-in effect. Ryan joined Fitch Ratings in 2012. These dynamics will drive growth in the U.S.

Housing Market 361

Housing Market Marketing Finance Development 361

Eyes on Housing

OCTOBER 17, 2024

During the second quarter of 2024, the volume of total outstanding acquisition, development and construction (AD&C) loans posted the largest year-over-year percentage decline since 2012, as interest rates remain elevated before the beginning of the Fed cutting short-term interest rates in September.

Construction 88

Construction Loan Conditions Development Finance 88

Housing Wire

DECEMBER 16, 2021

Slow and steady wins this race, and as long as you’re not looking for a massive construction boom, you won’t be walking in the wrong path. Think about being part of the lost decade from 2012-2021 and then going all-in on the crash thesis due to COVID-19, only to move the goal post to 2021 due to forbearance.

Training 523

Training Construction Investing Mortgage 523

Housing Wire

JANUARY 24, 2022

A December report by prepared by Urban Institute ’s Housing Finance Policy Center shows that the private-label market’s share of mortgage securitizations was slightly more than 4% as of October of last year, up from 1.83% in 2012 and fast approaching its post-crisis high of 5% in 2019.

Mortgage 369

Mortgage Lending Finance Housing Market 369