Housing Wire

OCTOBER 18, 2023

Department of Housing and Urban Development and U.S. However, permits for future construction recorded a 4.4% “Slower construction activity in the Northeast could reflect cooler demand as well as challenges builders face in finding availability lots,” she said. Could multifamily construction stall?

Construction 468

Construction Development Inventory Mortgage 468

Housing Wire

JANUARY 16, 2025

Using growth indicators that measure upcoming construction and development, southern metros take eight spots in the top 10 list. in new construction, 7.2% in builder/developer land, 4% in recent build and 1.1% The fires are also projected to slow construction growth as the area starts the rebuilding process.

Housing Market 370

Housing Market Marketing Construction Development 370

Housing Wire

DECEMBER 23, 2024

This situation poses a risk to construction labor in 2025. Is 2025 the first year we start losing residential construction jobs? Earlier this year, mortgage rates were trending at 7.50%; during that time, we received one negative monthly residential construction labor report. This issue extends beyond just housing. percent (18.6

Construction 525

Construction Inventory Mortgage Development 525

Appraisal Buzz

MARCH 25, 2025

Although recent improvements in construction demonstrate progress, they also underscore the pressing need for decisive legislative action. Household formations were surpassed by new construction activity for the first time since 2016. This was primarily due to a slowdown in multi-family construction. However, there is still a 3.8

Construction 221

Construction Inventory Development Law 221

Housing Wire

JANUARY 27, 2025

Census Bureau and the Department of Housing and Urban Development. Additionally, there are 268,000 homes currently under construction. Furthermore, there remains a record high of 108,000 homes that builders have not yet started constructing, all while mortgage rates remain above 7%. percent (19.7 percent (16.2

Construction 471

Construction Inventory Mortgage Development 471

Housing Wire

MARCH 31, 2025

“We need solutions that protect homeowners without pricing them out.” “We need solutions that protect homeowners without pricing them out.”

Insurance 446

Insurance Property Taxes Construction Transportation 446

Housing Wire

NOVEMBER 19, 2024

A lower Fed funds rate can assist with land purchases and apartment construction, but that process would take considerable time before we see any development. I wrote an article back in 2021 when many believed a massive construction boom would last for a decade. Builders, as we know, are not charitable organizations.

Construction 539

Construction Mortgage Development Buyers 539

Housing Wire

APRIL 14, 2025

Despite the current stability, Redfin economists warn that looming tariffs on imported building materials may trigger a reversal in rent trends by constraining new apartment construction activity and increasing economic uncertainty. Will rising costs derail new construction? a key resource for apartment construction comes from Canada.

Construction 350

Construction Agents Marketing Development 350

Housing Wire

JANUARY 9, 2025

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. He is also looking to create 30 neighborhood centers that could allow for the construction of five-story apartment complexes.

Construction 445

Construction Law Design Development 445

Housing Wire

OCTOBER 25, 2024

Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training. HW : We’re seeing an uptick in ground-up construction. Ground-up construction growth will be high to meet the population growth and meet the demand due to limited inventory.

Investors 448

Investors Construction Training Realtors 448

Housing Wire

JANUARY 16, 2025

” Residential construction workers are at risk of facing job losses for the first time in this recovery yet the Fed often takes a hawkish stance in its statements at key points, which tends to drive mortgage rates higher. It’s not falling.”

Mortgage 511

Mortgage Construction Marketing Government 511

Housing Wire

MAY 14, 2024

As a result, some homebuilders have doubled down on the construction of built-to-rent (BTR) homes. The momentum is continuing as another 99,000 BTR homes are under construction in 2024, although the breakneck pace is expected to ease in 2025. Many builders feel bullish about places that are low on rental supply.

Construction 475

Construction Tenants Development Real Estate 475

Housing Wire

APRIL 26, 2024

Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. The implementation timeline varies based on the type and location of new construction.

Construction 501

Construction Law Development Finance 501

Appraisal Buzz

NOVEMBER 1, 2024

According to a new Redfin research, in Q3 of this year, an estimated 28% of single-family homes for sale nationwide were newly constructed, the lowest percentage in three years. A large portion of the new development on the market has been purchased by homebuyers. Overall construction has slowed. a year ago.

Construction 370

Construction Inventory Real Estate Agent Agents 370

Housing Wire

OCTOBER 24, 2024

We had no growth in residential construction work hiring earlier in the year when rates were higher. I recently raised this concern about housing construction and new home sales in an interview on CNBC. Census Bureau and the Department of Housing and Urban Development. Then mortgage rates fell from 7.5% percent (±14.7

Construction 488

Construction Property Taxes Inventory Mortgage 488

Housing Wire

JULY 11, 2024

The latest annual report from The Counselors of Real Estate highlights 10 major issues expected to impact the housing industry in 2024, but developers are painfully familiar with at least two of them: labor shortages and skyrocketing capital costs. The result is a sharp increase in labor costs, and longer construction times.

Development 433

Development Construction Finance Investors 433

Housing Wire

JANUARY 17, 2024

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. That could set the backdrop for a slower pace of construction.

Construction 488

Construction Supply Chain Transportation Buyers 488

Housing Wire

MARCH 7, 2025

I think that we’ve underbuilt for 13 years in this country and in this state, so definitely, new construction is in order, she said. I’m just concerned about the price of new construction when we rely so much on imported goods for building these homes. That would definitely help with the sale pricing of new construction.

Housing Market 392

Housing Market Marketing Inventory Construction 392

Housing Wire

DECEMBER 9, 2024

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

Development 369

Development Design Renovations Law 369

Housing Wire

NOVEMBER 29, 2024

New-home construction in the U.S. StorageCafe describes this discrepancy as the “missing middle,” and analysts blame zoning laws and rising construction costs. has focused on single-family and multifamily inventory growth to boost supply and affordability. One Texas city has something to say about that.

Inventory 396

Inventory Construction Law Development 396

Housing Wire

DECEMBER 20, 2024

It is encouraging to see some uptick in apartment construction in some of our larger communities. Underlying issues Despite this progress, Dapice and others are frustrated by the lack of new construction especially starter homes in the state. They want to attract younger employees, including recent college graduates.

Law 430

Law Construction Inventory Development 430

Housing Wire

DECEMBER 20, 2024

And actual robotic assistance is something being developed in other parts of the world, including through government endorsement of the idea. These include the active encouragement by the governments of the countries examined to construct robots for social utility, including for in-home care.

Design 396

Design Government Development Technology 396

Housing Wire

OCTOBER 31, 2023

Real estate software development company Cedar announced this week that it has secured $3 million in seed funding to create a product that would help developers locate urban infill properties for potential development into housing.

Development 448

Development Real Estate Design Construction 448

Housing Wire

JULY 22, 2024

Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homelessness ,” the department explained.

Construction 461

Construction Renovations Design Development 461

Housing Wire

OCTOBER 15, 2024

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.

Construction 487

Construction Buyers Agents Marketing 487

Appraisal Buzz

NOVEMBER 18, 2024

Concentrated Development: Many developers flocked to the same areas, leading to localized oversupply. The Developer’s Dilemma To illustrate the current challenges, let’s consider a hypothetical developer, Dave. Diminished Development Capacity: As developers struggle, new construction grinds to a halt.

Development 335

Development Finance Real Estate Housing Market 335

Appraisal Buzz

AUGUST 9, 2024

is expected to set new records for apartment construction. By the end of 2024, developers plan to have completed an astounding 518,108 rental units, a startling 30% more than in 2022 and 9% more than in 2023. The overall impact on the number of developers might vary by region,” Ressler said. “In

Construction 397

Construction Development Business Marketing 397

Housing Wire

JULY 19, 2024

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0

Development 457

Development Mortgage Design Government 457

Eyes on Housing

NOVEMBER 25, 2024

The missing middle construction sector includes development of medium-density housing, such as townhouses, duplexes and other small multifamily properties. However, there was a noticeable uptick for this type of housing construction in the most recent data.

Construction 148

Construction Development 148

Housing Wire

JANUARY 14, 2025

The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. ” Nikol Solares Solares brings 20 years of experience in luxury development, new construction sales and marketing to her new role. Adam Vellano was promoted to managing director of the South Florida market.

Brokerage 370

Brokerage Luxury Properties Development Realty 370

Housing Wire

SEPTEMBER 5, 2023

It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros. The latest HBGI data continue to show a changing geography for home construction,” Robert Dietz , the NAHB’s chief economist, said in a statement. at the end of 2019 to 12% earlier in 2023.

Construction 434

Construction Marketing Development Mortgage 434

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The NHC lauded the development.

Construction 535

Construction Renovations Insurance Landlords 535

Housing Wire

NOVEMBER 29, 2023

Census Bureau and the Department of Housing and Urban Development. Home construction New home construction ramped up early in the pandemic but moderated as interest rates ticked up and mortgage rates followed. The rate of homes under construction has roughly plateaued since April 2022. The figure – up 17.7%

Construction 448

Construction Finance Inventory Development 448

Appraisal Buzz

FEBRUARY 24, 2025

In this monograph, we discuss the absolute necessity of developing more than one skill set as part of becoming a competent and professional real estate appraiser. This means continually learning and developing new skills to stay ahead of the curve. Another way to develop new skills is to seek out opportunities to learn from mentors.

Real Estate 335

Real Estate Development Appraisal Legal 335

Eyes on Housing

FEBRUARY 20, 2025

Single-family built-for-rent construction posted year-over-year declines for the fourth quarter of 2024, as a higher cost of financing crowded out development activity. This slowdown is similar to the deceleration of multifamily construction in recent quarters.

Construction 158

Construction Design Finance Development 158

Appraisal Buzz

MARCH 25, 2025

Department of Housing & Urban Development (HUD) have announced new U.S. The South was already dominating the share of new construction and new home sales, and this strong sales showing in February only adds to the clear focus on new homes in the South, with 64.8% Census Bureau and the U.S. months at the current sales rate.

Inventory 317

Inventory Construction Buyers Development 317

Appraisal Buzz

DECEMBER 17, 2024

At the conclusion of the third quarter of 2024, the delinquency rates for each group were as follows, based on the unpaid principle balance (UPB) of loans: Banks and thrifts (90 or more days delinquent or in non-accrual): 1.24%, an increase of 0.09 percentage points from the second quarter of 2024.

Mortgage 397

Mortgage Investors Real Estate Development 397