2015 Construction Development 
Housing Wire
APRIL 8, 2021
The generation made up 38% of home buyers in the year that ended July 2019, up from 32% in 2015, according to the National Association of Realtors. ”. The post Developing a lending strategy for rising mortgage rates appeared first on HousingWire. To contact the author of this story: Dave Stevens at dave@davidhstevens.com.
Appraisal Buzz
OCTOBER 24, 2024
Department of Housing & Urban Development (HUD) has appointed 11 new members to its Housing Counseling Federal Advisory Committee. Sherri Eckles , who was appointed last year and serves as SVP of the Renovation and Construction Lending Programs at Norcom Mortgage, will also continue to serve on the Committee. “We
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Eyes on Housing
OCTOBER 14, 2022
percent came with porches, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development). This marks the first time the share of single-family homes with porches has dipped below 64 percent since 2015. .
Housing Wire
JULY 26, 2022
This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. We talked about this in March , and even last year, when I wrote about the problem with the housing construction boom premise. “I don’t expect a boom in housing construction.
Appraisal Buzz
JUNE 14, 2024
As a surge in new multifamily rental units has slowed down rent growth, single-family construction is starting to lift for-sale inventories. Herbert serves as Managing Director of the Joint Center for Housing Studies of Harvard University, and has experience conducting research related to housing policy and urban development, both in the U.S.
Housing Wire
MAY 13, 2021
Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction. Lumber prices alone have tripled over the past year and have added a massive $35,872 to the average price of a new home. The MBA’s mortgage credit availability index increased in April to 128.1
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.
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