This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.” This could make the overall cost to entry — which is already low — more digestible.
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. New construction volume levels have increased to 10-year highs with a percentage share of 33%.
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.
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.”
Despite the stated expectations of retirees, the data used in the briefs construction suggests instead that tapping equity is actually a typical response to LTC shocks, the brief explained. Such shocks also lead to reductions in expected bequests.
The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. The future of Compass is bright, and we look forward to continuing to provide the industry-leading tools, technology, and support our agents need to excel as the demand for luxury properties continues to rise.”
The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Builders are having to delay project start times, resulting in cost blowouts and developments not being completed. Many people are referring to this time as a ‘profitless boom’ for the building industry.
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. Panasis previously served as a loan originator for The Mortgage Firm and TD Bank.
Nonprofits are increasingly turning to accessory dwelling units (ADUs) as a tool to combat the nation’s ongoing affordable housing crisis. Nonprofits are not just addressing the demand for new housing but are also providing funding to homeowners for ADU construction.
But as America returns to work, supplies for builders will return to needed production levels, new home construction will continue to rise, and ultimately the supply-demand imbalance will rectify itself. The post Developing a lending strategy for rising mortgage rates appeared first on HousingWire.
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. Market Leaders advanced newsletter automation tool can help. In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines.
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. He has developed and manages a portfolio of mixed-use properties throughout South Philadelphia.
Compass has the best tools and technology in the industry, allowing us to operate at efficiencies we’ve only been dreaming of for the past three years,” Skenderian said in a statement. The Marcus Skenderian Real Estate Group works across commercial real estate , architecture, construction , development and residential sales.
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. The number of property listings across CoStar’s brands will also double, from about 1.35 million to over 2.6
The team has a particularly large footprint in sales of new developments, having sold 1,500 newly constructed condominiums. They exclusively represent developments such as Natiivo Austin, Vesper, Parkside at Mueller, HOM, Axiom, Eastgate and Cascade. The brokerage has been extremely aggressive in adding to its head count.
Danielle Walker has been promoted to senior vice president, business development, at Xactus. Previously she served as vice president, product development. The post Xactus Names Danielle Walker SVP, Business Development appeared first on MortgageOrb.
And for those who still want to build a home from scratch, rising construction costs , limited lot sizes, and excessive red tape can make the process seem insurmountable. Considering how much construction technology, materials, and techniques have evolved, building a new home should be far simpler than it is. Opportunities to innovate.
For agents, staying informed about these developments is essential for strategic decision-making and client guidance in the coming year and beyond. Plus, seeking the most efficient tools to service this segment and help create income while the for-sale market remains challenged and provides less opportunities.
As localities across the country wrestle with housing shortages, one Massachusetts town will make its case to a panel of judges next week to argue against a plan that requires the construction of more multifamily units, according to reporting by USA Today and state records reviewed by HousingWire. This is not a subtle tool.”
The California State Senate passed a bill this week that would permit the construction of affordable housing units on land owned by faith-based institutions and nonprofit colleges, even if local zoning ordinances and laws would normally prevent construction. Tackling our housing crisis requires every tool available to us,” Sen.
At Sagent , we understand that to truly transform the customer experience, leaders throughout the organization must act as culture ambassadors, equipped with the tools and shared priorities to drive innovation and enhance the customer’s experience. That’s because, more than anything else, it’s a matter of culture. Here’s how it’s possible.
Freddie Mac partnered with Fannie Mae and state HFAs to construct the standardized subordinate-lien documents. The online toolsdeveloped by the NCSHA and 23 of its member state HFAs identify the key features of HFA homeownership programs that are most important for lenders in determining how and where to partner with the agencies.
While some buyers still enjoy finding their new construction home the old-fashioned way —spending a Saturday driving through neighborhoods — the National Association of Realtors (NAR) reports that 97% of homebuyers, regardless of age, use the internet in their home search. Innovative building materials and home features matter.
It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. The legislation would provide several tools to help stem the loss of Section 515 affordable-housing in rural America.
Womack has worked for and led a diverse portfolio of companies, including a tile and stone product manufacturer, a heavy equipment and construction truck producer, and electric vehicle company Arcimoto. In April, iHomefinder announced a partnership with Wix.com to further develop its digital tools and presence.
This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. Housing starts declined 9% in 2023, an indication that homebuyers looking to purchase a new construction home may continue to struggle with the lack of inventory this year.
“Kiavi launched a new construction financing product. This product leverages Kiavi’s technology and data platform to offer competitively priced, transparent, and reliable capital to real estate developers looking to rebuild outdated houses or build new homes on vacant lots.
Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. Fortunately, it’s not all bad news. of builders showed profitability with $1 million plus contracts on average. Homebuilding Contract Values.
But we’re making all the tools and all the data available to them to be able to do that.” McCargo said she sees the development as “a big deal,” saying it’s representative of the other ESG work being done more broadly at HUD and at other federal agencies. This is a first-of-its-kind social bond label,” she said.
Senate and House of Representatives have introduced a new bill, the Affordable Housing Credit Improvement Act (AHCIA), which could help spur the construction of two million affordable housing units over the next 10 years. A bipartisan group of legislators from the U.S. LaHood in a statement.
My college basketball career at Dartmouth College — and later during a professional stint overseas — played a significant role in developing the leadership skills I utilize every day. Doing so helps you move on and focus your energy constructively. This is when marketing automation tools can be especially impactful.
It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. If your CMA is put together in haste with irrelevant information, it will not be a helpful tool for anyone and may reflect poorly on you as the agent presenting it. CMA reports are simple and effective tools. More on that later.
Like so many other production pipelines, the construction of new homes, along with shortages in building materials like concrete and lumber , caused a significant decrease in new homes for purchase. Eric Levin is EVP of Client Development at Model Match. To contact the author of this story: Eric Levin at eric.levin@modelmatch.com.
Frater, whose company has one million homeowners in forbearance, said that the increased use of digital tools on the front- and back-end has been critical in being agile. “I Sweat equity, accessory dwelling unit construction and manufactured/factory-build housing were also initiatives the housing giant was pursuing.
The webinar featured a panel of nationally known affordable housing experts, hosted by affordable housing developer National CORE , with the Sarasota Housing Authority , the National Multi Housing Council (NMHC) and the Housing Partnership Network (HPN) as panelists. The housing tax credit program is a good model.
These Calculations quickly determine the required product quantities and the duration for which the product will be used, providing accurate and timely data to support its production and business development teams. GoFormz turned into more than just a tool used to capture our services to bill but a tool to help set expectations.
However, developing interactive virtual tours requires advanced rendering techniques and programming expertise, making them more complex to create compared to guided tours. This approach holds numerous benefits for property developers, including: Enables real estate agents to showcase their projects to potential buyers and investors.
CoreLogic is proud to sponsor Convergence and lead the development of a novel solution to this thorny supply challenge. The front end of the development cycle (from initial concept, to planning, permitting, and finally, a “shovel-ready” project) can take double-digit months or even years to complete.
Showcase Technology : If your brokerage uses advanced tools and technologies that can simplify their workflow, highlight them without overwhelming them. Optimization Tips: Continuous training: Offer regular training sessions and development programs. Decision The crucial stage is where agents decide to join your brokerage.
Powerful AI tools are already transforming residential real estate and forward-thinking agents are paying attention. In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. The good news is that the early adopters will thrive.
Housing Forward’s job is to ensure the homeless are not left behind in that game by providing them the tools and assistance necessary to effectively find and compete for scarce housing. 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.
And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad.
That development could present serious challenges. The tools of engagement. For the title agent (or business owner) to construct a proactive retention effort, it starts with attitude and buy-in. That’s not something that can simply be delegated to the human resources department.
The CME FedWatch Tool showed a 99% chance the Fed would halt its hikes to the 5.25 Additionally, apartment construction is strong , which puts an additional pressure on landlords to avoid vacancy. The FOMC also said it would continue to reduce its holdings of Treasury securities and agency debt and agency mortgage-backed securities.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content