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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

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.

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HUD Updates Manufactured Home Regulations

Appraisal Buzz

The new updates seek to expedite the home production process by cutting red tape and eliminating the need for manufacturers to obtain alternative construction approvals for materials that already meet or exceed HUD standards—helping build more manufactured homes and boost the nation’s housing inventory.

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Xactus Names Danielle Walker SVP, Business Development

Appraisal Buzz

Danielle Walker has been promoted to senior vice president, business development, at Xactus. Previously she served as vice president, product development. Danielle will continue to play a pivotal role in helping Xactus advance the modern mortgage.”

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Manufactured homes are appreciating faster than site-built homes

Housing Wire

Department of Housing and Urban Development (HUD) and U.S. In September, HUD announced updates to its manufactured housing construction and safety standards. It called these the most extensive updates of their kind in three decades as the department seeks to modernize the features of manufactured homes to drive demand.

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Exploring Opportunities in Manufactured Housing

Appraisal Buzz

With the addition of new amenities, upgraded finishes and improved quality of aesthetics and construction, in some cases it is hard to tell the difference between a manufactured home and site-built home. Department of Housing & Urban Development (HUD). Over the last several years, these homes have become even more modernized.

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Real estate investment leaders talk build-to-rent homes and affordability solutions

Housing Wire

Today, modern technology , including Pretium’s platforms, cut out the middleman by allowing firms to invest directly in assets, decide the kind of leverage they want and determine how Pretium will manage the assets over time. Mullen shares that the company raised $1.5

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Solving the Affordable Housing Crisis

Appraisal Buzz

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.