Appraisal Buzz

DECEMBER 13, 2024

The National Association of Realtors (NAR) has announced 10 top hot spots for the 2025 housing market based on economic, demographic and housing factors predicted to significantly impact local markets. 2025 Outlook NAR expects the Federal Reserve to maintain a gradual approach to easing monetary policy in 2025.

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Housing Wire

JANUARY 9, 2025

This week, the Seattle City Council had its first meeting of 2025 and housing was a key topic of discussion. Bruce Harrell Last year, Harrell introduced a bold plan that would aim to double the citys zoning capacity, which City Hall said could lead to the construction of 80,000 additional homes by 2044. In 2023, Washington Gov.

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Housing Wire

DECEMBER 4, 2024

The Federal Housing Administration (FHA) announced last week that the Home Equity Conversion Mortgage ( HECM ) limit for 2025 will be $1,209,750. It’s the ninth straight year that the limit will increase based on home-price appreciation levels, which feeds into a single, national limit for all HECM loans.

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Appraisal Buzz

DECEMBER 16, 2024

As the new year draws near, Fannie Mae anticipates that many of the housing trends from 2024 will persist in 2025, with the lock-in effect of mortgage rates and housing affordability continuing to be major obstacles for countless Americans. In 2025, economists predict that the average mortgage rate will continue to be higher than 6%.

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Housing Wire

JANUARY 14, 2025

While ground-up construction of new units by national homebuilders is part of the solution, these builders generally dont address the aging current housing stock, or the need to create additional density and living space in infill areas where each property may have different attributes. million homes and growing.

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Housing Wire

SEPTEMBER 4, 2024

The only viable solution to these problems, as other municipal leaders and housing industry experts have previously suggested, is the construction of more homes. More work on zoning will be performed in 2025. Like many major metropolitan areas across the country, Portland is facing a housing shortage as well as an affordability crisis.

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Housing Wire

SEPTEMBER 18, 2024

Department of Housing and Urban Development (HUD). Slowdowns in new single-family construction over the summer reflected sagging builder confidence, but homebuilders appear to be more confident as mortgage rates have fallen over the past few weeks and as the Federal Reserve gets set to cut interest rates. Census Bureau and the U.S.

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Housing Wire

JUNE 6, 2024

A private planning firm in California is launching a new tool to help local governments there prepare for a pending law designed to spur more construction of accessory dwelling units (ADUs). Digital tools like the ADU Plans Gallery reduce the time and cost of building ADUs and accelerate housing construction.”

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Housing Wire

SEPTEMBER 5, 2024

in 2025, according to a quarterly survey of housing experts conducted by government-sponsored enterprise (GSE) Fannie Mae. home-price growth is predicted to finish this year at 4.7% before slowing to 3.1% million homes,” he said. “We’ve We’ve previously estimated the shortfall to be more than 4 million.”

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Housing Wire

JULY 23, 2024

HousingWire Lead Analyst Logan Mohtashami recently wrote that higher mortgage rates “have increased recession risk by targeting the one sector that always falls before every recession: residential construction workers. Department of Housing and Urban Development (HUD) showed that housing starts shrank 4.4% Data from the U.S.

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Appraisal Buzz

SEPTEMBER 5, 2024

The panelists also shared that they think speeding up construction permitting processes, increasing density around transit corridors, and allowing more “missing middle’-type housing are the local and state policy reforms likeliest to increase housing production. elementor – v3.23.0 – 05-08-2024 */.elementor-widget-text-editor.elementor-drop-cap-view-stacked.elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed.eleme

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Appraisal Buzz

JUNE 21, 2024

However, if inventory expansion in Sun Belt markets, which account for a significant chunk of new sales, continues, our predictions for new home sales and construction may suffer. Further, multifamily construction is expected to remain modest in the near future due to slow rent increases in major areas and limited financing options.

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Appraisal Buzz

OCTOBER 18, 2024

Department of Housing & Urban Development (HUD) have announced new residential construction statistics for September 2024. Builders improved outlook is likely due to the beginning of the Fed’s easing cycle and expectations of lower interest rates in 2025.” Census Bureau and the U.S.

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Appraisal Buzz

JANUARY 10, 2025

This article originally appeared in the January 2025 edition of MortgagePoint magazine, online now. This entails developing a clear understanding of the existing technological landscape, including all systems, integrations, data flows, etc. Those who dont will fall behind. The path forward may not be easy, but it is necessary.

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Housing Wire

NOVEMBER 4, 2024

Nominations for HousingWire’s 2025 Tech100 Award are open now through December 16, 2024. “Kiavi launched a new construction financing product. As far as we know, Kiavi is now the only major, fully digitized, end-to-end platform for real estate investors to finance new construction projects.”

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Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. 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.” Taken by Felix Mizioznikov. We need to build above 1.1

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Appraisal Buzz

JUNE 11, 2024

The Federal Housing Finance Agency (FHFA) has issued a Request for Input (RFI) on the proposed 2025-2027 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac (the GSEs) under the Duty to Serve (DTS) program. The proposed Plans cover the period from January 1, 2025, to December 31, 2027. million own the unit only, and 1.3

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Housing Wire

DECEMBER 12, 2024

Department of Housing and Urban Development (HUD) and former chief of membership and policy at the National Community Reinvestment Coalition (NCRC) explained that the program has improved. The FHA recently increased the HECM limit for 2025 to more than $1.2 As someone who came from HUD, I know a bit about HECM s, Jones began.

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Housing Wire

DECEMBER 4, 2023

The success of the rapid rehousing program to date has attracted additional public and private funding and resulted in a new goal of housing 6,000 individuals by 2025. Over the past three decades, DCH has developed more than 2,400 safe and affordable rental units in some of the most distressed areas of Dallas.

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Housing Wire

DECEMBER 14, 2024

If spreads had remained as unfavorable as last year, we would likely see fewer housing permits and starts, and we might have faced a loss of residential construction jobs in certain parts of the U.S. Overall, this is a positive development for the U.S. When it comes to the Fed, the language they use this week is crucial.

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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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Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. So, where do you start? In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines. Lets dive in! Summary What is a real estate newsletter?

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Appraisal Today

SEPTEMBER 13, 2024

6 Tips for Appraising New Construction Homes Excerpts: Lenders, FHA, and the GSEs (Fannie Mae and Freddie Mac) treat new construction a little differently. When appraising new construction homes, certain factors that don’t always apply to existing dwellings must be considered. Keep a file of local building costs 4.

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The Robert Weiler Company

JANUARY 27, 2023

Because it’s where fictional game developers James Halliday and Ogden Morrow of Gregarious Games launch the OASIS, a fully interactive immersive VR gaming environment where a growing percentage of the human population goes to escape. But these broad strokes barely scratch the surface of Columbus’ full potential.

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D Fritz Appraisals

JULY 4, 2024

While the BC housing crisis is hurting British Columbians, the provincial government is attempting to facilitate faster home construction and increase the number of rental properties through several initiatives. New rules and standardized designs are helping home builders speed up the construction of small-scale multi-unit housing.

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The Robert Weiler Company

APRIL 7, 2023

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. To be clear, some of these developments have been gaining momentum for decades. reduction in operating costs in the first year and a 16.9% savings over five years.

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The Robert Weiler Company

JULY 6, 2021

Research : Also coined in the industry as “flex,” flex space is utilized for research and development to design new products. Just as there are two sides of a spectrum in residential real estate with new development and house flippers, characteristic types exist similarly in industrial space for rent.

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Appraisal Today

NOVEMBER 1, 2024

The ranch dates to the late 1800s, and its multiple properties include a 4,980-square-foot lakefront home with a waterside cabana, an under-construction 7,713-square-foot architect-designed residence and a number of cabins. When business picks up, hopefully in early 2025, you need to start thinking about which AMCs you want to work for.

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Will Springer Realtor

OCTOBER 15, 2024

Consumers considering a change of address are holding out amid forecasts for lower mortgage interest rates in 2025. We expect home sales to remain muted in 2024 and 2025.” New Construction In August, new home construction starts increased by 9.6%, according to KPMG’s latest research. The key word here is “forecast.”

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The Robert Weiler Company

APRIL 8, 2021

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. To be sure, some of these developments have been gathering momentum for decades. Carbon emissions, water consumption, and plastic waste were all on the list.

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Will Springer Realtor

OCTOBER 3, 2023

The combination of extremely high home prices and regulatory reform have turned this corner of the country into an ADU laboratory of sorts, with plenty of “formulas” being developed today to “grow” more desperately needed homes. Off-street parking will be determined by local municipalities and based on distance to public transit.

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Will Springer Realtor

AUGUST 27, 2024

Different pieces of legislation have become Washington law in recent years to help energize the construction of homes and meet the growing need for personal shelter. Or a developer can tear down an existing structure and expand up to six units. The more human density means the more housing density allowed.)

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Will Springer Realtor

SEPTEMBER 17, 2024

The growth of transit is leading building developers to be busy today, planning residential and commercial projects. Located on the grounds of the existing Bellevue Club, the project is reportedly beginning in the fall of 2025. > > Bosa Development, the U.S. The massive project, developed by B.C.-based

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Development Training Transportation Property Management 36

Will Springer Realtor

SEPTEMBER 12, 2023

Many economists believe a recession isn’t likely in the last months of this year but they aren’t ruling out a downturn in 2024 and 2025. New Construction The new home construction sector has taken much of the residential spotlight this year. Demand should remain strong as developers work hard to create additional supply.

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Will Springer Realtor

SEPTEMBER 7, 2021

The addition of the UDistrict station, at Brooklyn Avenue NE between NE 43 rd and NE 45 th streets (a block west of University Way NE), will arguably turn a rough patch of retail and mid-century apartment buildings into a hotbed for developers seeking to take advantage of the UW campus a few blocks to the East. NE and NE 45 th St.

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Appraisal Buzz

JULY 16, 2024

It would include an exception for new construction and substantial renovation or rehabilitation. The Biden Administration believes that a combination of both anti-price gouging policies and the construction of more affordable housing can effectively balance the needs of tenants. BLM is considering an additional 562.5

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Will Springer Realtor

DECEMBER 13, 2022

Contributing to improving the mood should be the anticipated 900,000 or so two-unit-plus housing under construction across our country that will start to come online in 2023. Locally, permits for single- and multi-family home construction are down about 20% from this time last year. In his estimate: “Homebuilding’s going to contract.”.

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