Housing Wire

JANUARY 9, 2024

Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

Finance 501

Finance Construction Tenants Renovations 501

Housing Wire

MARCH 1, 2024

The Section 502 direct loan program, designed to assist low- and very-low-income applicants to obtain housing in eligible rural areas, provides payment assistance to “increase an applicant’s repayment ability” via a type of subsidy that can temporarily reduce the cost of a mortgage payment.

Design 488

Design Construction Development Mortgage 488

Housing Wire

MARCH 12, 2024

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans. Unlike off-the-shelf POS solutions, Blueprint Builder allows lenders to customize technology that is designed to help improve operations, Maxwell noted.

Technology 448

Technology Retail Lending Design 448

Housing Wire

DECEMBER 5, 2024

increased by 58.34% between 2018 and 2023. stands at $124,300, far less than the price of a site-built home in 2023 ($409,872, or $285,572 more than a manufactured home). Despite the long-term trend of rising prices, however, the average sale price of a new manufactured home fell between 2022 and 2023.

Land Lease 418

Land Lease Renovations Modernization Design 418

Eyes on Housing

FEBRUARY 19, 2024

Single-family built-for-rent construction accelerated at the end of 2023, as builders sought to add additional rental housing in a market facing elevated mortgage interest rates. This is more than. Read More ›

Construction 179

Construction Design Mortgage Marketing 179

Eyes on Housing

MAY 18, 2023

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the first quarter of 2023, single-family attached starts totaled 29,000, which is 19% lower than the first quarter of 2022.

Construction 174

Construction Design 174

Eyes on Housing

NOVEMBER 17, 2023

Despite weakness for single-family construction in 2023, townhouse construction recorded the best quarter for starts in 16 years.

Construction 174

Construction Design 174

Housing Wire

JANUARY 23, 2024

For Universal Studios employees, the owners of the park are seeking to construct a 1,000-unit mixed-use development slated to open in 2026 that would promise a short commute to the Universal Orlando Resort, which is also aiming to open a full-scale third theme park called “Epic Universe” next year.

Tenants 448

Tenants Development Investing Design 448

Appraisal Buzz

JUNE 17, 2024

According to Freddie Mac’s 2023 Green MBS Impact Report , the company issued $1.85 billion of Single-Family Green Mortgage-Backed Securities (MBS) for the 2023 calendar year. Freddie Mac’s 2023 Green MBS issuance increased by more than 35% over 2022, even as overall MBS market volume declined.

Mortgage 195

Mortgage Construction Design Finance 195

Housing Wire

OCTOBER 23, 2024

He referred to a recent report from the Mortgage Bankers Association , which showed that debt consolidation accounted for 33% of the use cases for home equity loans funded in 2023. “Our Eligible debts include construction loans, personal loans, credit cards, auto loans and student loans.

Loan Officers 435

Loan Officers Lending Design Technology 435

Eyes on Housing

MAY 17, 2023

Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions. This is almost 7% lower than the first quarter of 2022.

Construction 178

Construction Design Investors 178

Housing Wire

OCTOBER 2, 2024

As localities across the country wrestle with housing shortages, one Massachusetts town will make its case to a panel of judges next week to argue against a plan that requires the construction of more multifamily units, according to reporting by USA Today and state records reviewed by HousingWire. According to 2020 data from the U.S.

Law 435

Law Transportation Construction Development 435

Appraisal Buzz

JUNE 5, 2024

increased significantly in 2023, returning to 916 square feet after falling sharply the previous year. Notably, the recent upward trend contrasts with the depression that occurred in 2022, when the average size of apartments fell substantially due to a historically large spike in smaller units being constructed.

Construction 195

Construction Design Development Appraisal 195

Appraisal Buzz

JUNE 11, 2024

Despite the advantages of manufactured housing, supply issues linger as Fannie Mae reported that fewer than 90,000 new manufactured homes were produced in 2023, the fewest number of homes shipped since 2016. The National Association of Realtors (NAR) November 2023 Housing Affordability Index was the lowest reported since July 1985.

Finance 390

Finance Real Property Design Lending 390

Housing Wire

MAY 15, 2024

New construction in age-restricted communities is becoming a rising trend. The University of Michigan National Poll on Healthy Aging (NPHA) found that in 2023, over one-third of adults (37%) aged 50–64 reported feeling isolated from others in the past year. Most of these communities have amenities designed to foster connection.

Design 467

Design Buyers Construction Marketing 467

Appraisal Buzz

DECEMBER 13, 2021

I most recently taught the new 2022-2023 USPAP update course for the Appraisal Institute. . My appraisal organization involvement includes Appraisal Institute membership where I hold the SRA and AI-RRS designations. Builders are reporting construction delays because they can’t get the appliances to complete kitchens. .

Supply Chain 363

Supply Chain Construction Appraisal Real Estate 363

Appraisal Buzz

NOVEMBER 26, 2024

million existing home sales in 2024, a little increase over 2023’s 4.1 More listing descriptions now use the word “cozy”—35% more in 2024 than in 2023—which reflects contemporary design trends that have moved away from expansive open floor plans and toward enclosed areas with distinct styles and functions. Zillow predicts 4.3

Housing Market 396

Housing Market Tenants Marketing Mortgage 396

Eyes on Housing

AUGUST 17, 2023

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the second quarter of 2023, single-family attached starts totaled 38,000, which is flat relative to the second quarter of 2022.

Construction 147

Construction Design 147

Housing Wire

APRIL 3, 2024

It has constructed a servicing platform while adding multi-asset originations and asset management capabilities. Included in the wider rebranding effort will be a refresh of the company’s brand voice, which is designed to support “the company’s commitment to getting the job done,” the announcement stated.

Mortgage 440

Mortgage Business Design Construction 440

Housing Wire

SEPTEMBER 20, 2023

In spite of a higher-than-expected CPI reading in August, core inflation readings have been falling every month in 2023. Raising interest rates is designed to tackle those still-high prices outside of the volatile food and energy sectors. In the second quarter of 2023, the national vacancy rate was 6.3%, up from 5.6%

Housing Market 476

Housing Market Mortgage Landlords Marketing 476

Housing Wire

JULY 26, 2023

Proposals for the NOFO are due on October 12, 2023. HUD also recently hosted a virtual event on the topic designed to illustrate the potential opportunities and challenges these conversions may bring, Greene added. Interested parties can apply through the U.S. government’s online grants portal.

Development 370

Development Finance Design Construction 370

Housing Wire

FEBRUARY 8, 2024

In 2023, Tate was recognized by RealTrends as one of the Best Real Estate Professionals in the United States. Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. Representing the top 1.5% of more than 1.6 Million licensed Real Estate Agents/Brokers nationwide.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Clients 435

Housing Wire

APRIL 9, 2024

In February 2023, FHA Commissioner Gordon announced a 30-basis point cut in FHA annual premiums. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers. But now a new threat is emerging on this front.

Sellers 476

Sellers Realty Insurance Realtors 476

Housing Wire

MAY 14, 2024

In February 2023, FHA Commissioner Gordon announced a 30-basis point cut in FHA annual premiums. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers. But now a new threat is emerging on this front.

Sellers 439

Sellers Realty Insurance Realtors 439

Appraisal Buzz

NOVEMBER 20, 2024

Mortgage credit availability increased to its highest level since April 2023, driven by gains across all loan categories. 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.

Mortgage 418

Mortgage Government Design Construction 418

Eyes on Housing

NOVEMBER 20, 2023

Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions, leading to flat construction conditions after recent gains. This is more than 6% higher. Read More ›

Construction 174

Construction Design Investors 174

Housing Wire

NOVEMBER 27, 2023

David Bernard: The market events in early 2023 impacted the entire banking industry, creating a need for swift adaptation within the banking environment. These business lines provide built-in resilience by diversifying our deposit channels — an intentional design that has proven more crucial now than ever.

Lending 434

Lending Finance Clients Client Relationships 434

Housing Wire

JULY 6, 2023

Fannie Mae recently projected originations for 2023 at $1.59 New-home sales are up 20% year over year as of May 2023 while sales of existing homes are down by the same level, resulting in new-home sales accounting for some 30% of total housing inventory. trillion, a revision downward from its January estimate of $1.65

Inventory 488

Inventory Renovations Real Estate Government 488

Housing Wire

DECEMBER 18, 2024

The company owned the domain for several years but didnt have a direct purpose with it until Q4 2023. The site, which was constructed throughout nearly all of 2024, launched post-live quality assurance (QA) and has been up for about a day, Burgard confirmed in an interview with HousingWire.

Marketing 301

Marketing Lending Retail Mortgage 301

GoForrmz

JANUARY 26, 2023

Join construction industry leaders in a live, roundtable discussion about construction tech solutions 2023 is likely to continue to bring challenges to the construction industry, including labor shortages, high material costs, and rocky economic conditions. Register for the Webinar

Construction 78

Construction Technology Design Clients 78

Eyes on Housing

AUGUST 16, 2023

Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions. This is more than 4% lower than the second quarter of 2022.

Design 145

Design Construction Investors 145

Housing Wire

OCTOBER 17, 2023

Our data shows that home flipping activity around the United States dropped during the second quarter of 2023,” said Rob Barber, CEO of real estate analytics firm ATTOM. “… At the same time, profit margins on typical home flips jumped almost 5 percentage points, from about 22.9% in first quarter to 27.5%

Investors 448

Investors Inventory Investing Real Estate 448

Appraisal Buzz

JULY 8, 2024

But a now sizeable share of single-family homes are purpose-built single-family rentals according to recent construction data. But the new model that is becoming increasingly common is the “built-for-rent” (BFR) community: a large-scale development of single-family homes that are designed for renter occupancy from the start.

Construction 195

Construction Investors Landlords Tenants 195

Appraisal Buzz

JUNE 6, 2024

percentage points from the fourth quarter of 2023; Life company portfolios (60 or more days delinquent): 52%, an increase of 0.16 percentage points from the fourth quarter of 2023; Fannie Mae (60 or more days delinquent): 44%, a decrease of 0.02 percentage points from the fourth quarter of 2023. office markets.

Mortgage 170

Mortgage Construction Transportation Investors 170

Empire Appraisal Group

FEBRUARY 15, 2024

Real Estate and Design Trends to Watch in 2024 Design & Architecture , Design Trends By: Barbara Ballinger Source: [link] From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year. Boschetti Jr.,

Design 78

Design Real Estate Architecture Property Management 78

Eyes on Housing

MAY 19, 2023

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building gained market share during recent quarters but experienced a notable drop for construction starts at the beginning of 2023. This marks a 22% decline compared to the first.

Contracts 113

Contracts Design Construction Marketing 113

Appraisal Buzz

DECEMBER 11, 2024

3507) and Montanas 2023 middle housing and tiny home legislation are examples of state and federal zoning reforms that promote inclusive zoning and various housing alternatives by reducing red tape. Inclusive Zoning: The bipartisan Yes In My Backyard Act (S.1688 1688 / H.R. than children under 18.

Property Taxes 195

Property Taxes Tenants Technology Investing 195