Remove Construction Remove Contracts Remove Development Remove Home Improvement
article thumbnail

Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

New-home builders continued to report steady sales at relatively strong levels, in part because of the lack of existing for-sale homes. Most expect their pipeline of contracts to keep construction busy through the year. Cleveland: Residential construction contacts reported that demand increased as mortgage rates declined.

Mortgage 448
article thumbnail

Fannie Files Complaint Against Appraiser

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.36

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.

article thumbnail

PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

With each stall in a commercial garage costing tens of thousands of dollars to build, parking requirements can impose significant costs on property developers, owners and renters. Rather than allocating parking that goes unused, developers could propose sharing available space in nearby buildings. million home deficit to build out of.

article thumbnail

WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic. homeowners plan to upgrade or remodel their homes, including 63% of Millennial homeowners (25-34 years old). There is 0.6

article thumbnail

JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Urban planners have a name for it: the 15-minute neighborhood and it is already in development in parts of the country, including Seattle. Cities and neighborhoods are where we all should answer our questions about home and community. Where would you like to see this type of neighborhood development? Send me a message.

Buyers 36