Housing Wire

OCTOBER 8, 2021

After losing 3,000 jobs in August , the construction sector added 22,000 jobs in September. However, construction employment is still 201,000 jobs below its February 2020 level. The average hourly earnings of production and non-supervisory employees in construction are up 5.8% below its pre-pandemic level.

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Construction Government Development Mortgage 468

Housing Wire

OCTOBER 18, 2024

The number of housing units that came online in September showed a big year-over-year jump, but data on earlier stages of construction suggest not much is coming through the pipeline. That’s according to monthly data on new residential construction from the U.S. But housing completions rose 14.6% compared to September 2023.

Construction 459

Construction Government Mortgage Housing Market 459

Appraisal Buzz

DECEMBER 10, 2024

Among the top 10 metros, eight have seen year-over-year growth in single-family home construction, with builders increasingly focusing on more affordable and smaller homes to meet demand. Nearly three in four mortgage loans were government loans in El Paso, with 29.3% Miami leads with 42.7% comprised of VA loans and 41% were FHA loans.

Housing Market 418

Housing Market Marketing Inventory Government 418

Appraisal Buzz

OCTOBER 15, 2024

The Government MCAI grew by 0.8%, while the Conventional MCAI fell by 1.7%. While the Conventional MCAI looks at non-government loan programs, the Government MCAI looks into FHA, VA, and USDA loan programs. Key Findings from the Mortgage Credit Availability Index: In September, the MCAI dropped by 0.5%

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Mortgage Government Lending Construction 387

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.

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Design Government Development Technology 397

Housing Wire

FEBRUARY 7, 2025

A significant issue is what happens to government workers this year: how many are laid off or receive buyouts ? The situation will be challenging in 2025, especially since a critical growth driver in 2024 was government jobs, while manufacturing jobs were lost during the same year.

Marketing 453

Marketing Mortgage Government Retail 453

Housing Wire

DECEMBER 6, 2024

The majority of Novembers job gains occurred in health care (+54,000 jobs), leisure and hospitality (+53,000 jobs), government (+33,000 jobs), and social assistance (+19,000 jobs), while retail trade lost 28,000 jobs. The construction sector posted modest jobs gains in November, gaining a total of 10,000 jobs from the month prior.

Marketing 418

Marketing Construction Retail Real Estate 418

Housing Wire

FEBRUARY 1, 2023

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. The loan will cover an 11-month maximum build period with a one-month modification.

Construction 418

Construction Real Estate Agent Loan Officers Inspection 418

Housing Wire

NOVEMBER 1, 2024

Although October’s job gains were modest, strong gains still occurred in the health care (+52,000 jobs) and government (+40,000) sectors. Construction was another sector that posted gains in October, adding 8,000 jobs. Residential construction gained 1,300 jobs in October, while residential specialty trade contractors shed 6,600 jobs.

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Construction Housing Market Real Estate Mortgage 370

Housing Wire

NOVEMBER 10, 2022

In response, multifamily construction has skyrocketed over the last year, hitting a historic high of 841,000 units under construction nationwide in June of this year, according to research from the National Multifamily Housing Council and the National Apartment Association. Department of Housing and Urban Development.

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Construction Supply Chain Buyers Development 482

Housing Wire

MARCH 24, 2025

It excludes new construction homes , foreclosure sales, auction sales, non-arms-length transactions, bank/corporate/government acquisitions, invalid quit claims and outlier sale prices (defined as below $10,000 or above $10 million). Zillow said only this subset of off-MLS transactions was included in the analysis.

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Sellers Real Estate Agents Realtors 501

Housing Wire

JUNE 13, 2023

While state lawmakers are currently debating rent control legislation as one potential answer to the issue, the Massachusetts Association of Realtors (MAR) is advocating to increase housing construction instead, according to reporting by the Massachusetts’ State House News Service. We need to build more housing.” In New York, Gov.

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Construction Agents Government Law 397

Housing Wire

JULY 8, 2022

The construction sector, meanwhile, had only a slight gain, according to the U.S. But employment showed little change over the month in other major industries, including construction, retail trade, financial activities, government and other services. Job growth in the U.S. jobs report , released Friday. in June 2021.

Construction 397

Construction Housing Market Retail Real Estate 397

Housing Wire

JUNE 5, 2023

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. Some apartments have been constructed in recent years, but the construction level has been low.

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Law Construction Transportation Government 370

Housing Wire

FEBRUARY 13, 2024

New construction is backed up,” she said. According to Ellison, new construction in the Birmingham area typically accounts for 15% to 20% of the houses on the market at any given time, but that has not been the case over the past four years. Local builders are truly getting crushed by local governments,” Walker said. “As

Construction 435

Construction Supply Chain Inventory Agents 435

Appraisal Buzz

NOVEMBER 26, 2024

Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability. Dr. Conerly’s analysis included interest rates, inflation, and the Federal Reserve’s strategic direction, with insights into consumer behavior, government spending, and construction.

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Real Estate Tenants Insurance Construction 367

Housing Wire

AUGUST 18, 2023

The waivers come as thousands of government-backed mortgages on the island have been impacted by the disaster, according to data released by the office of Hawaii Gov. Josh Green (D).

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Government Mortgage Tenants Development 370

Housing Wire

JANUARY 10, 2025

Shes urging House Speaker Mike Johnson to take up the bill, which would require the Government Accountability Office (GAO) to conduct a study to assess wildfire and insurance threats and responses. What can we do to prevent what we can with construction? What can we do with the materials that are used? Waters said.

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Insurance Government Construction Business 370

Housing Wire

JUNE 6, 2024

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). Local governments are uniquely positioned to help residents through the daunting process of building an ADU.

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Tools Law Government Construction 475

Housing Wire

MAY 22, 2023

government on its debt obligations. However, the GSE noted there is a small chance that a technical default or some other macro-relevant disruption to non-debt government payments could occur, which could impact its forecast. Housing remains exhibit number one for why we expect the recession to be modest.

Construction 418

Construction Inventory Government Contracts 418

Housing Wire

JANUARY 8, 2021

Fear of this outcome is why, for the better part of the past 12 years, ATR safe-harbor determinations were, in large part, simply punted to the black box underwriting systems of the government-sponsored enterprises Fannie Mae and Freddie Mac. The post The mortgage industry should build ATR rule governance appeared first on HousingWire.

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Government Mortgage Finance Legal 335

Housing Wire

AUGUST 16, 2024

Higher construction costs create a shortage of listings and vice versa. Simonsen follows up with another question about construction activity on an international scale. In other words, international governments are wrestling decision-making powers away from local governments when it comes to the creation of new housing.

Construction 467

Construction Development Government Housing Market 467

Appraisal Buzz

OCTOBER 29, 2024

Nonprofits are not just addressing the demand for new housing but are also providing funding to homeowners for ADU construction. Financing ADU construction is another challenge, with nonprofits needing to secure funding from local and state governments, as well as private financial institutions.

Renovations 221

Renovations Construction Development Landlords 221

Appraisal Buzz

OCTOBER 11, 2024

This hybrid summit brings together leaders from the federal government, private sector, and housing industry to discuss the critical role of independent mortgage banks in the housing finance ecosystem. Census Bureau Advance Monthly Retail Sales (Thursday) Freddie Mac Primary Mortgage Market Survey (Thursday) U.S.

Marketing 370

Marketing Mortgage Finance Retail 370

Appraisal Buzz

MARCH 17, 2025

Rents in the District of Columbia fell during most of 2024 due to an increase in new construction, yet the median rent increased 2.7% Bokhari also noted that the slowing apartment construction will lead to less new supply in the foreseeable future. Its too early to tell how the expected mass federal layoffs will impact the D.C.

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Marketing Construction Government Appraisal 195

Housing Wire

JULY 5, 2024

Job gains in June were most notable in industries like government (70,000), health care (49,000), social assistance (34,000) and construction (27,000), a positive for the housing industry. Overall, for the past year, the construction sector has added an average of 20,000 jobs per month. in June, with 6.8

Construction 448

Construction Government Real Estate Housing Market 448

Housing Wire

JANUARY 31, 2025

Evergreen Home Loans originates and services a variety of mortgage products, including government-backed loans, conventional loans, jumbo loans and construction financing. He has also served in a variety of roles with big-name companies that include Guaranteed Rate Affinity , TIAA , Citizens Bank and JPMorgan Chase.

Loan Officers 314

Loan Officers Real Estate Agent Construction Government 314

Housing Wire

MAY 7, 2021

A recent study by the National Association of Home Builders found that regulations imposed by all levels of government on new homes account for $93,870, or 23.8%, of the current average sales price ($397,300). Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction.

Construction 488

Construction Inventory Government Development 488

Housing Wire

MAY 12, 2021

Instead, she is looking to buy a newly-constructed home from a large homebuilder. If she is unable to wait the six months or more it could take to finish construction, she may forgo her hard-earned government benefit altogether. But it might be a while until Williams’ client could actually stop paying rent and move into a home.

Mortgage 459

Mortgage Government Construction Clients 459

Housing Wire

MARCH 5, 2024

They include the reallocation of funds originally earmarked for relief from the economic impacts of the COVID-19 pandemic for affordable housing construction, as well as new provisions for the 2021 American Rescue Plan (ARP) Emergency Rental Assistance (ERA) program to clarify the use of such funds for affordable housing.

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Insurance Construction Government Design 493

Housing Wire

APRIL 4, 2024

Despite recent data indicating a poor affordable housing situation in Texas , the city of Houston must return $45 million in unused affordable housing funds to the state after failing to use them for construction of new homes. Instead, the city failed to begin construction on the homes in a timely manner.

Construction 476

Construction Government Housing Market Finance 476

Appraisal Buzz

MAY 10, 2021

Regulations continue to account for an increasing share of the costs associated with the construction of a new home, to the tune of nearly $94,000 on average. The post Government Regulations Factoring Into Rise of Home Prices appeared first on theMReport.com.

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Government Construction Appraisal 195

Housing Wire

DECEMBER 7, 2020

months, builders will halt the rate of growth for new construction plans as they did in 2018 and again for a brief period this year. months, the builders are ok with construction as long as new home sales grow. Since this is on the government tab, the builders won’t care so much about profit margins being met.

Inventory 545

Inventory Construction Government Housing Market 545

Housing Wire

MAY 18, 2021

. “Even with these challenges, there are roughly 640,000 new homes under construction right now, a helpful addition to low supply levels.”. Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction on new housing starts.

Supply Chain 545

Supply Chain Construction Government Inventory 545

Appraisal Buzz

NOVEMBER 14, 2024

Stowell currently sits on the Board of Directors at Toll Brothers, Pacific Mutual Holding Company, and HomeAid America, a non-profit organization whose mission is to help people experiencing or at risk of homelessness build new lives through construction, community engagement, and education. housing market.”

Construction 221

Construction Investing Government Real Estate 221

Housing Wire

JULY 19, 2024

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.” ” Our success is driven by our exceptional team and an expansive product portfolio.

Training 465

Training Renovations Lending Clients 465

Appraisal Buzz

DECEMBER 11, 2024

of eligible households received government housing aid in 2021, while 11.2 To meet this growing need, leaders at all levels and sectors must prioritize affordable, safe, and accessible housing and communities. It is clear that policy action is urgently needed. Only 36.5% million older people spent more than 30% of their income on housing.

Property Taxes 362

Property Taxes Tenants Technology Investing 362