Housing Wire

NOVEMBER 5, 2024

Between 2017 and 2021, rural areas and small towns had remarkably consistent shares of the home purchase market at about 13% and 22%, respectively. This is largely due to a delay in homebuilding caused by supply-line disruptions and shortages of construction materials. Turns out, they weren’t. Homebuilders are starting to catch up.

Realtors 468

Realtors Housing Market Construction Real Estate 468

Housing Wire

SEPTEMBER 9, 2024

The growing prevalence of extreme weather events and the high cost of construction are pushing property insurers to significantly raise their prices , even in places you might not expect. All of which are exacerbated by the inflation of construction costs. Why is homeowners insurance so expensive in the Upper Midwest?

Insurance 459

Insurance Construction Technology Investing 459

Housing Wire

DECEMBER 3, 2020

Barbara Dopp, a Realtor with Keller Williams, Agents with a Smile , said that a homeowner who built a house in 2017 for $600,000 recently put it back on the market starting at $900,000. “We New construction continues to take more and more of our market,” Dopp said. The property sold for $320,000 higher than the highest comp.”.

Marketing 534

Marketing Realty Realtors Housing Market 534

Housing Wire

JULY 15, 2024

In addition, she was part of RE/MAX’s Diamond Club from 2017 to 2022. “Fontaine’s decision to join Compass represents a significant milestone for our New Jersey Market,” Gordon Golub, the tri-state regional vice president for Compass, said in a statement. million.

Technology 435

Technology Agents Clients Brokerage 435

Housing Wire

DECEMBER 22, 2020

Funds will also support the construction of “Hope Centers” in Central America, which provide health, counseling and Christian faith-based services in developing countries. Movement Mortgage built its first charter school in 2017. In 2018, the direct lender laid off nearly 200 employees amid a drop in business.

Investing 418

Investing Mortgage Development Retail 418

Housing Wire

JUNE 26, 2024

Womack has worked for and led a diverse portfolio of companies, including a tile and stone product manufacturer, a heavy equipment and construction truck producer, and electric vehicle company Arcimoto. It was acquired in 2017 by FRONTSTEPS , a software platform for homeowners associations , homebuilders , Realtors and homeowners.

Client Relationships 395

Client Relationships Real Estate Technology Design 395

Housing Wire

NOVEMBER 20, 2023

Lowman has been with the lender for more than 21 years starting from managing a founding branch to being promoted as president in 2004, CEO in 2017 and vice chairman earlier in 2023. “I I look forward to driving APM forward in the new year and turning the challenges into opportunities in 2024 and beyond,” Lowman said.

Retail 448

Retail Mortgage Lending Renovations 448

Housing Wire

JANUARY 14, 2025

” Nikol Solares Solares brings 20 years of experience in luxury development, new construction sales and marketing to her new role. Before Compass, Sheridan also operated her own PR firm, epgPR , from 2008 to 2017. The veteran development executive established herself as one of the premier brokers in the South Florida region.

Brokerage 370

Brokerage Luxury Properties Development Realty 370

Housing Wire

DECEMBER 1, 2021

In early 2017, after Spirit and Citizens stopped funding his company’s mortgages, McCord sought a new warehouse lender. McCord then laundered the proceeds and diverted them toward paying more than half the purchase price of his son’s $900,000 Oklahoma City home, and the construction of his custom vacation home in Colorado.

Mortgage 544

Mortgage Insurance Lending Government 544

Housing Wire

NOVEMBER 22, 2024

In January 2017, Altos recorded an average apartment rent in the city of $1,265. of existing supply, with another 38,000 of apartment units under construction (12.2% We believe rates (including financing rates) staying higher for longer will delay any rebound in construction activity in the near term,” he wrote.

Marketing 370

Marketing Housing Market Property Taxes Construction 370

Housing Wire

DECEMBER 2, 2020

Virgin Islands have a higher limit ceiling than the rest of the country to account for the higher costs of construction. Back in 2016, the FHA increased loan limits for just 188 counties ; in 2017, this number jumped to 2,948 counties ; then to 3,011 counties for 2018. In those areas, the 2020 FHA loan limit is $1,233,550.

Law 534

Law Housing Market Insurance Construction 534

GoForrmz

OCTOBER 21, 2024

Originally published on 03/15/2017 Adaptability is essential for success in the rapidly growing construction industry As new digital platforms and software for construction emerge, it can be difficult to differentiate the key features and qualities that separate truly transformative platforms from the rest of the pack.

Construction 148

Construction Technology Inspection Design 148

Housing Wire

MAY 26, 2022

If I take existing home sales from 2017 levels, it’s roughly, on average, just 300,000. We have more housing starts under construction now than in recent history! We have a lot of multifamily construction going on that won’t help the homebuyer. So, on average, just 500,000 more homes were bought than in 2019.

Inventory 526

Inventory Housing Market Construction Marketing 526

Housing Wire

DECEMBER 11, 2023

Ruehrwein, who became a licensed agent in 2017 after working in the new construction industry for 28 years, serves clients in Rehoboth and surrounding Massachusetts towns, as well as East Providence and the Narraganset area of Rhode Island.

Agents 435

Agents Clients Advertising Realty 435

Housing Wire

JANUARY 7, 2022

While we have lots of new construction, there are lots of delays due to shortage of materials and also construction workers,” said Ethel Curbow, an agent at AMAX real estate. Peoria was hit hard by the departure of the Caterpillar machinery plant in 2017, but its August 2021 unemployment rate of 6.1% Springfield, Missouri.

Housing Market 418

Housing Market Marketing Real Estate Agent Agents 418

Housing Wire

MAY 16, 2024

An analysis of the fourth reduction in October 2017 found that it had its intended effect. Despite the limited timeframe, these models detected that the fourth PLF reduction was associated with a reduced likelihood of an unscheduled draw and lower net losses to the program,” the study said.

Development 455

Development Appraisal Property Appraisal Insurance 455

Housing Wire

JUNE 7, 2023

Additionally, Chandler has served as a relationship manager in the company’s commercial real estate division, focusing on construction and permanent portfolio lending. She also worked as a senior Fannie Mae DUS underwriter and held various roles managing the closing and delivery for FHA and Ginnie Mae transactions.

Real Estate 370

Real Estate Finance Realty Construction 370

Housing Wire

APRIL 9, 2024

In the 2017 tax bill, caps on state and local tax (SALT) deductions and a boost in the standard deduction eviscerated the mortgage interest deduction, ending its use for all but the wealthiest homebuyers. Congress is gridlocked, so enactment of these initiatives is highly unlikely.

Sellers 476

Sellers Realty Insurance Realtors 476

Housing Wire

JUNE 2, 2023

District Court for the Eastern District of Pennsylvania , ESSA “failed to provide mortgage lending services and did not serve the credit needs of majority-Black and Hispanic neighborhoods in the Philadelphia metropolitan area” from 2017 to 2021. In July, the DOJ and the Consumer Financial Protection Bureau announced a $24.4

Lending 321

Lending Advertising Design Loan Officers 321

Housing Wire

SEPTEMBER 7, 2022

The company initially expanded into the United States in 2017 with the launching of a Dallas-based subsidiary now called Lead Real Estate Global Co. The design and construction of the luxury properties is outsourced to third parties. which LRE’s SEC filing states was “established for expansion of our overseas business in the U.S.”.

Development 397

Development Real Estate Luxury Properties Construction 397

Eyes on Housing

DECEMBER 4, 2023

According to NAHB tabulation of data from the HUD/Census Bureau Survey of Construction (SOC), well over 20% of all single-family homes started had decks from 2005 through 2018—as many as 27% in 2007 and 2008. After 2017, however, the share. Read More ›

Construction 187

Construction 187

Housing Wire

MAY 14, 2024

In the 2017 tax bill, caps on state and local tax (SALT) deductions and a boost in the standard deduction eviscerated the mortgage interest deduction, ending its use for all but the wealthiest homebuyers. Congress is gridlocked, so enactment of these initiatives is highly unlikely.

Sellers 449

Sellers Realty Insurance Realtors 449

Appraisal Buzz

JUNE 21, 2024

Currently, there are nearly 45,500 single-family homes for rent are under construction across the country. Census data, the number of millionaire renter households more than quadrupled (470% increase) between 2017 and 2022, while renters earning $150,000 or more reached nearly 3.8 According to an analysis of U.S.

Inventory 393

Inventory Construction Marketing Mortgage 393

Housing Wire

MARCH 23, 2022

months and above, the builders will pull back on construction. It’s taking forever to build a home and that has created a huge number of homes under construction. At the end of 2017, existing home sales went from 5.72 Housing construction jobs and big-ticket item purchases are things that move with the demand of new homes.

Mortgage 505

Mortgage Inventory Housing Market Construction 505

Housing Wire

OCTOBER 4, 2023

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. Similarly, each of the years between 2017 and 2021 set an all-time record high for the number of establishments within the industry group.

Landlords 448

Landlords Brokerage Agents Supply Chain 448

Housing Wire

JUNE 26, 2024

That’s one reason newer construction performs better against hurricane winds, a critical feature in a state that saw extensive damage from category 5 storms like Hurricane Ian in 2022 and Hurricane Irma in 2017. First, the state has some of the best state-wide building codes in the nation, which help protect property (and people).

Housing Market 396

Housing Market Insurance Marketing Real Estate 396

Housing Wire

SEPTEMBER 14, 2023

The momentum from these regulations has resulted in a large increase in ADU construction activity: permits for ADUs in California have increased nearly 22x from around 1,100 in 2015 to nearly 24,000 in 2022 and roughly 68,000 ADUs were built across California between 2017-2021.

Tenants 418

Tenants Government Law Buyers 418

Housing Wire

NOVEMBER 19, 2021

The HMDA data is a crucial tool for the CFPB in constructing redlining cases. The agency further refined the HMDA rule in 2017. In a virtual seminar Thursday on “modern-day redlining,” attorneys from Garris Horn, LLP , said the CFPB’s current definition of the practice is better termed “marketing discrimination.”.

Lending 397

Lending Modernization Tools Mortgage 397

Appraisal Buzz

JANUARY 13, 2025

Issuing the Servicing Defect Taxonomy follows the implementation in 2017 of the Origination Defect Taxonomy, which has proven to be a crucial resource for FHA and lenders. And the increased mortgage servicing transparency will allow our partners to more effectively use our programs to expand sustainable homeownership nationwide.

Insurance 221

Insurance Development Mortgage Construction 221

Housing Wire

APRIL 1, 2022

Look at the jobs data and which sector added jobs in March: Construction jobs came in positively, which we need in this country. Job openings for construction workers are still historically high today, as the need for labor in America is high. The unemployment rate currently stands at 3.6%.

Construction 476

Construction Marketing Housing Market Retail 476

Housing Wire

AUGUST 14, 2023

Since relocating to the area in 2017, Covington said the local market has gone from a $500 million market to a $1.3 Even new construction, for the last couple of years, has not been able to keep up with the amount of people that we have coming to the area.” The market here has just skyrocketed over the past few years,” Covington said.

Housing Market 370

Housing Market Marketing Inventory Agents 370

Housing Wire

MARCH 3, 2022

This legal construct is critical. Dating back to 2017, this case has been working its way through the court system, undergoing a variety of twists and turns. These trusts operate via a special purpose vehicle, which has no employees and makes no subjective decisions. They fulfill cash flows. This is a sea change to the entire market.

Investors 396

Investors Legal Architecture Investing 396

Housing Wire

APRIL 1, 2024

When Hometap launched in 2017, the Boston-based fintech offered an unorthodox answer to this question for homeowners looking for an alternative to a loan. From a consumer protection standpoint, it’s a bit of a Wild West,” said Jenny Song, principal at Navitas Capital , a real estate and construction technology-focused venture capital firm.

Finance 468

Finance Investing Real Estate Agent Real Estate 468

Genworth MI Blog

MAY 28, 2020

Truth: A manufactured home is built in a factory and constructed to comply, at a minimum, with the Manufactured Home Construction and Safety Standards (HUD Code) enacted June 15, 1976. All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code. can work at night).

Construction 148

Construction Loan Officers Training Lending 148

Housing Wire

MAY 8, 2023

When including the approximately 900,000 single family homes constructed by new homebuilders during the year, according to data from the Census and U.S. That would keep total foreclosure volume under the 250,000-a-year average seen between 2017 and 2019. In 2019 the number was 200,000.

Inventory 435

Inventory Renovations Supply Chain Buyers 435

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In addition, litigation costs on insurance claims have risen dramatically in the wake of a 2017 State Supreme Court decision that allowed courts to award plaintiff’s attorneys up to 2.5

Insurance 370

Insurance Housing Market Marketing Agents 370

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. She previously led Housing Development at Volunteers of America (VOA), where she managed the strategic direction, acquisition, and development of rental housing for VOA.

Development 221

Development Government Project Management Design 221