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He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients. Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training. Non-QM opens doors for real estate investors.
With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.
New construction The reverse mortgage industry has, for a while, aimed to communicate the potential benefits of the Home Equity Conversion Mortgage ( HECM ) for Purchase program as a mechanism for securing a new home by using a reverse mortgage. If that client is not planning to move or plans to age in place, thats a deeply personal thing.
Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Most lenders focus on offering traditional mortgage loans to clients, choosing to shy away from unconventional options in the market. Now, construction homes dominate purchase transactions in the market.
The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Tye Alroe, director of Alroe Constructions , was recently let down by a subcontractor who pulled out of a job at the last minute. “I I had a roofer locked in six weeks in advance.
Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.
That boutique agency specialized in luxury , design-focused spec homes and offered clients services including design and construction management in addition to real estate representation. She is a standout in every sense sharp, thoughtful, and fiercely committed to her clients.
percent in 2025, with some regions experiencing hikes of 20 percent or more, according to data by Construction Coverage. By staying informed and proactive, real estate professionals can ensure they are not just reacting to market changes but leading the way in helping clients navigate one of the most competitive housing markets in history.
Many Black families moved to these neighborhoods in the 1960s after redlining and interstate construction forced them out of other areas. He advised Black agents to maintain an objective approach when working with clients. Kalin led a segment on best practices for legal matters that agents may face when assisting Altadena residents.
Real estate agents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. When you buy through our links, we may earn a commission. So, where do you start? Why send a regular real estate newsletter?
Mortgage veteran Donny Panasis has joined Embrace Home Loans as branch manager of its Viera, Florida office, where he and his team will originate loans for both existing and new construction homes. Were confident his expertise will be instrumental in growing our presence in the thriving Space Coast market.
of the loan amount) compared to the VA’s purchase, construction and cash-out refi options. To further speed up the process, Better is encouraging prospective clients to use its AI loan assistant, Betsy, for 24/7 support on questions. The product has a lower funding fee (0.5%
As we continue our expansion, our focus remains on delivering home financing solutions that put our clients first. The company offers a range of loan products including FHA , VA , USDA, conventional, jumbo, refinance and construction programs. About a year before that, the company began operating in Montana.
“This equity investment positions us to continue delivering the high level of service our clients expect, complemented by an even stronger commitment to providing competitive funding solutions. It offers four types of RTL products bridge, fix and flip , ground-up construction and debt-service-coverage ratio (DSCR) loans.
Ruimy: I would say some large investors that would do $100 million to $300 million a year of loan origination are now clients of those BPL lenders. So, it’s been an interesting time where I see now in 2025 that sales volumes are picking up for ground-up construction. Would you say that the majority of these are smaller investors?
Appraisers must be able to communicate their findings clearly, persuasively, and effectively to the public, clients, attorneys, and other professionals. Finally, appraisers should always be willing proactively to seek candid feedback and constructive criticism from those who legitimately provide them (this does not include Facebook polls).
Dark Matter Technologies makes it a priority to stay ahead of these trends, ensuring our clients have the right tools to scale efficiently when market conditions change. Experts at the summit highlighted that 16% of all new housing activity these days comes from new construction , making builder engagement strategy essential for lenders.
This proves your expertise to clients and allows you to provide them with knowledge about the real estate market. Also, understanding the behaviors of different demographics will let you get into the psyche of the buyer clients you want to target with your marketing efforts. 89% of sellers used an agent to sell their home.
Diminished Development Capacity: As developers struggle, new construction grinds to a halt. Fast Funding: Understanding that timing is critical, create a streamlined process that allows you to provide capital in days not weeks, first-time customers, and even faster for returning clients.
We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.” Flagstar is also preparing to launch new products, including Debt Service Coverage Ratio (DSCR) loans, Fixed Second products, and HELOCs in Texas.
Once youve recovered a little time, keep it open for those inevitable times when a client needs a last-minute showing, or if some other emergency pops up. Structuring meetings like this can make them much more constructive. Everyone has a couple things on their list that can probably be crossed off.
It’s been rejection after rejection for Isabel Williams’ client, a military veteran in Port St. Since the client began the search for her dream home earlier this year, her Veterans Affairs mortgage loan offers have been rejected over a dozen times. Instead, she is looking to buy a newly-constructed home from a large homebuilder.
In addition to offering borrowers FHA loans, conventional purchase mortgages and refis, the lender specializes in retail channel construction loans, according to the firm. “We We have a one-time close construction-to-permanent loan, and we are the largest seller of that product to the agencies.
Stay competitive in 2025 with essential digital tools for construction businesses The construction industry is projected to reach a global market value of $14.4 trillion in 2021, many construction businesses still struggle with outdated, paper-based processes that slow productivity and create compliance risks.
He is the CEO and Founder of Bluebird Lending, a national private lender servicing real estate developers and investors with an array of loan products to acquire, construct, and refinance residential and multifamily properties. The best way to differentiate yourself from the competition is by building trusting relationships with your clients.
It’s time to simplify your construction workflows Efficiency and clear communication between the field and office are essential for successful construction companies. Here’s how GoFormz can streamline your construction business, making it more efficient, connected, and informed, from site to office. GoFormz for Construction
“Our team operates as a boutique group with a strong commitment to honesty, integrity, and making our clients’ days brighter with a touch of fun and a smile,” Denise Bodman, the group’s co-principal, said in a statement. We are eager to get started and elevate our client services with the advantage Compass offers.”
1 brokerage by transaction side count announced the launch of eXp Exclusives , which will be open to eXp agents and their clients in the U.S. Through eXp Exclusives, participants will be able to share off-market and pre-market listings with other eXp agents and their clients through a mobile app. On Tuesday, the nation’s No.
In 2024, Valligent launched the 1004D Virtual Completion Certificate, speeding up verification of appraisal report conditions for construction or repairs. Making Better Loan Decisions, Faster: Xactus360 allows clients to evaluate risk, ensure the ability to repay, mitigate losses, and retain customers much more effectively.
So, it wasn’t always the most constructive when we were kids, but [we] channeled that sort of creative discontent into building Sereno,” Trapani said in a recent interview with HousingWire. But the duo has known each other since the age of 10, sharing their passion and drive for real estate.
. “This collaboration aligns seamlessly with our ongoing commitment to leveraging innovation to better serve our clients and propel growth across our network.” Its partners include several independent firms that deal in residential resales and new construction marketing. and Canada. .” and Canada.
Homesnap has spent years building tools that reinforce the agent-client relationship and arm both home buyers and agents with the data and software they need to find homes and do their jobs,” said John Mazur, CEO of Homesnap. “We PROJETO was originally only made available to the firms own clients in September. million to over 2.6
A client of Craig’s lost a bid on a separate home that was originally listed for $700,000. Dopp said her clients come to Boise for the cost of living, conservative environment and to enjoy the four seasons Idaho has to offer. New construction continues to take more and more of our market,” Dopp said. We had offers up to $1.2
Altisource believes in helping clients stay ahead of changing industry demands and challenges with innovative solutions and technology. Its solutions are customizable to help give clients an edge in today’s uncertain market. Since 2018, Premium Title has helped clients electronically close nearly 10,000 transactions.
Last year was largely a good one for the nation’s homebuilders, which were able to offer rate buydowns to attract more clients while maintaining double-digit profit margins. single-family homes for sale were new construction, similar to the percentage from a year earlier and good for the highest level of any fourth quarter on record.
The total number of homes under construction increased 1.2% — the 12th consecutive monthly increase and its highest level since 2007. Permits for new construction by homebuilders dropped 3%, largely because lumber and building material costs kept prices high. Single-family housing starts in May were at a rate of 1.1 million, up 4.2%
She has more than 25 years of real estate industry experience, and she specializes in lake properties and new construction. She is a true professional who inspires her co-workers and prides herself on providing exceptional service to her clients. Additionally, she has experience in commercial real estate transactions.
For agents, staying informed about these developments is essential for strategic decision-making and client guidance in the coming year and beyond. Simultaneously, a historic boom in multifamily construction has increased the supply side, resulting in a national vacancy index hovering around 6.4% — slightly higher than the 2019 average.
Fontaine — whose client list includes New York Giants linebacker Bobby Okereke and Joe Budden, a rapper and media personality — said she is also looking forward to tapping into Compass’ sports and entertainment division. According to a news release, the team has a particular focus on new construction, luxury homes and waterfront properties.
The data must be easily accessible and constructed in a logical fashion that can prevent wasted human capital from having to reconstruct the past, Bowler said. And that’s where we’re trying to meet our clients in the middle. Secondly, it really is partnering with your clients and optimizing the workflows.
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. “My Ruehrwein’s move was not the only major addition for RE/MAX in Massachusetts.
“With access to cutting-edge tools like Performance Tracker, Compass AI , and the innovative Compass Collections, we are poised to enhance our client experience and deliver unparalleled service through the industry’s leading technology platform.” The team specializes in buyer and seller representation as well as new construction.
We truly believe in building relationships with our clients that last a lifetime — whether through new mortgages or servicing loans.” “We Besides closing subservicing deals, Rocket has been actively acquiring servicing assets at higher coupon rates to create refinance and home equity origination opportunities.
Dunmor , a provider of bridge, fix and flip, ground-up construction and DSCR rental loans for real estate developers, has received a minority equity investment from Newfi Lending , a non-agency mortgage lender owned by funds managed by Apollo Global Management. The investment is an expansion of the partnership announced in June 2024.
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