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Tom Davis shares non-QM opportunities to capitalize heading into 2025

Housing Wire

Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training. Originators should understand that DSCR and non-QM loans allow them to differentiate themselves and strengthen Realtor relationships in today’s challenging market.

Investors 448
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As the lock-in effect eases, the market for new homes is shrinking

Housing Wire

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. The available inventory of existing homes rose by 22% year over year in Q3 2034. New construction inventory has grown in recent months. Census Bureau.

Marketing 370
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Housing market inventory is starting to recover

Housing Wire

Suburban multifamily housing construction is also benefitting from this trend.” ” For now, Duncan said, the supply of existing homes for sale and an elevated level of new homes sold — but not yet constructed — should help bolster a strong construction pace of new housing starts moving into the spring buying season.

Inventory 545
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Existing-home sales finish a dismal year on a high note

Housing Wire

The December report from the National Association of Realtors (NAR) shows existing-home sales at a seasonally adjusted annual rate of 4.24 New construction has not been able to keep up with demand. The ongoing lack of inventory was reflected in NARs report. million, a 9.3% annual increase. million, down 13.5%

Inventory 367
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New-home sales drop while inventory skyrockets

Housing Wire

The drop in sales is causing a rapid rise in unsold inventory. The surge in mortgage rates earlier this spring softened housing demand, leading to a slowdown in sales and an increase in both resale and new home inventory levels,” Zillow senior economist Orphe Divounguy said in a statement. That represents a decline of 7.4%

Inventory 459
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Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 514
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Housing inventory slowly coming back as frenzy fades

Housing Wire

million, according to the National Association of Realtors. You can thank a rise in housing inventory for the gains. million in June 2020 as housing inventory has slowly improved in recent months. Total housing inventory at the end of June amounted to 1.25 from May’s inventory and down 18.8% Sales climbed 22.9%

Inventory 508