Florida’s housing affordability crisis is reaching a breaking point
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.”
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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.”
Housing Wire
DECEMBER 18, 2024
Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. This sector is closely tied to the overall economic cycle and tends to show patterns before every recession observed in recent modern history.
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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.
Appraisal Buzz
JANUARY 10, 2025
In the modern mortgage industry, lenders are not just setting themselves apart on who has the best Super Bowl ad or the biggest branch footprint, but increasingly also on their approach to technology. However, transitioning to a more modern, modular strategy has proven to be difficult and complex.
Appraisal Buzz
OCTOBER 25, 2024
Now Joybird has redefined that term for the modern age. In their new study , “ghost towns” are modern metro areas on the edge of decline due to decreasing population and increasing home and retail vacancies. To create their list of America’s modern-day ghost towns, Joybird analyzed data from the U.S. What Defines a Ghost Town?
Housing Wire
DECEMBER 3, 2024
billion to buy and construct “purpose-built rental homes” to meet the needs of modern families. Pretium Partners’ headline move for 2024 came when it raised $1 billion for a fund dedicated to the acquisition of built-to-rent (BTR) homes. Pretium confirmed that it also invested more than $2.5
Appraisal Buzz
FEBRUARY 3, 2025
Modern Buildings Being Reused, Conversions Rise Across U.S. This rise indicates that people are becoming more interested in reusing contemporary buildings (perhaps because they are easier to modify for new purposes and fulfill modern standards). According to CommercialEdges Conversion Feasibility Index (CFI), over 1.2
Appraisal Buzz
SEPTEMBER 12, 2024
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.
Appraisal Buzz
APRIL 9, 2025
Access to Credit Modernizing underwriting standards and embracing alternative credit scoring models. Macroeconomic Issues Advocating for a more substantial construction workforce, including immigration reform. Industry Best Practices Addressing unintended consequences of broker commission rule changes.
Housing Wire
OCTOBER 18, 2023
Multigenerational housing gains steam to combat affordability pressures According to a recent survey conducted by OnePoll , 61% of homeowners cited multigenerational housing as their primary motivation for constructing an ADU. a garage or basement) or when modern offsite construction is used to build a new structure.
GoForrmz
MARCH 31, 2025
Make equipment management a breeze with digital data Managing construction equipment efficiently ensures smooth project operations, minimizing downtime, and optimizing resource allocation. Customizable Forms for Compliance and Safety: GoFormz provides fully customizable construction forms tailored to meet specific project requirements.
Appraisal Buzz
JANUARY 22, 2025
Hes got some ideas that could transform the construction industry and help get millions of new, high-quality homes built much faster. Restrictive zoning and archaic codes make it slow, expensive, or even impossible in some places, to come out of the ground with new homes. Our guest, Ivan Rupnik, has been thinking about this problem for years.
GoForrmz
JANUARY 16, 2025
Stay competitive in 2025 with essential digital tools for construction businesses The construction industry is projected to reach a global market value of $14.4 trillion in 2021, many construction businesses still struggle with outdated, paper-based processes that slow productivity and create compliance risks.
Housing Wire
FEBRUARY 6, 2025
Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Construction loans Inventory levels in the real estate market arent what they used to be.
GoForrmz
NOVEMBER 21, 2024
Leveraging digital tools to streamline construction projects and minimize delays Anyone in the construction industry knows that delays can be costly. However, one solution is transforming the way construction projects are managed: real-time data capture. Worse, lost paperwork could lead to compliance issues and safety risks.
Housing Wire
JULY 10, 2024
In one recent instance highlighted by the Los Angeles Times , one family turned to an ADU after finding limited options and is poised to see a loved one live in a modern, age-appropriate setting. But it’s not necessarily smooth sailing to get a reverse mortgage to fund the construction of an ADU, she added.
Appraisal Buzz
APRIL 4, 2025
For several years, the build-to-rent (BTR) sector of the single-family home construction market has experienced one of the fastest rates of growth, and 2024 was no exception. Atlanta, Georgia Which States Offer More Construction Opportunities? Dallas data from the previous year show a 0.1%
GoForrmz
APRIL 15, 2025
By transitioning to mobile forms, construction teams can quickly capture and share critical safety data in real time, ensuring better communication across job sites. In this blog, well explore how GoFormz is revolutionizing site safety for construction workers, making implementing and maintaining safety protocols easier than ever before.
Appraisal Buzz
NOVEMBER 18, 2024
Diminished Development Capacity: As developers struggle, new construction grinds to a halt. The Developer’s Dilemma To illustrate the current challenges, let’s consider a hypothetical developer, Dave. In 2021, Dave secured a loan to build an apartment complex, anticipating a profitable sale in three years.
Housing Wire
MARCH 19, 2025
Modern-day concerns The growing frequency and intensity of climate-related events like hurricanes, wildfires and flooding have increased spending for disaster-driven repairs to $49 billion in 2022 and 2023. The industry also relies heavily on immigrants, which accounted for 34% of the construction trades labor force in 2023.
Appraisal Buzz
FEBRUARY 24, 2025
Finally, appraisers should always be willing proactively to seek candid feedback and constructive criticism from those who legitimately provide them (this does not include Facebook polls). However, receiving constructive criticism early in ones career is an important part of learning and growing as a real estate appraisal professional.
Housing Wire
NOVEMBER 17, 2022
However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. For this reason, the number of housing units “under construction” is the largest ever recorded in history because they were taking so long to finish.
Appraisal Buzz
JULY 16, 2024
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. Over the last several years, these homes have become even more modernized. Department of Housing & Urban Development (HUD).
Housing Wire
FEBRUARY 5, 2021
Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Modern construction finance requires new infrastructure altogether. and Canada. and Canada.
GoForrmz
FEBRUARY 17, 2025
Originally published on July 11, 2017 Optimize your AEC workflow with GoFormz mobile forms The Architecture, Engineering, and Construction (AEC) industry is built on collaboration, precision, and efficiency. Streamline Collaboration Across Teams Coordinating across multiple teams on a construction project is challenging.
Housing Wire
MARCH 7, 2024
“This includes a much-needed increase in funding for Ginnie Mae salaries and expenses, dedicated funding for Federal Housing Administration (FHA) IT modernization, backing for homeownership counseling, requiring HUD to take actions to increase FHA multifamily lending for new construction and rehabilitation, and $100 million in grants to encourage localities (..)
Housing Wire
APRIL 21, 2022
To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.
Housing Wire
OCTOBER 10, 2023
These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled. This is because hardwood floors have a certain modern, luxury appeal to them that can change the entire feel of a home.
Appraisal Buzz
JULY 12, 2021
Within the real estate and the valuation industry, commodities would be housing – the construction of, the buying and selling of, and the financing of. There are distinct supply chains involving residential and commercial construction. Builders are reporting construction delays because they can’t get the appliances.
Housing Wire
OCTOBER 2, 2024
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 explains that Pretium wants to leave the banking system behind in favor of private credit.
Housing Wire
SEPTEMBER 26, 2024
Rising construction costs : Supply chain issues and labor shortages have escalated building costs. A modern solution for an evolving market The American Dream of homeownership is at risk but adopting longer mortgage terms could restore that dream for millions of middle-class Americans.
GoForrmz
JUNE 17, 2024
Construction businesses of all sizes are embracing digital transformation GoFormz mobile and online forms offer a whole new world of possibilities for construction teams. Here are the top 6 reasons why mobile forms are benefitting the construction industry. Explore Digital Construction Forms
Housing Wire
MAY 17, 2023
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.
Housing Wire
DECEMBER 6, 2024
. “[Neighborhood Name] Market Snapshot: Q1 2025 Numbers Are In” “Price Per Square Foot: How [Your Area] Compares” “Sold in 24 Hours: What These Homes Had in Common” “Interest Rates Impact Report: What It Means for [Your City]” “New Construction vs. Resale: Current Market Analysis” “Luxury (..)
Housing Wire
DECEMBER 5, 2024
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.
Housing Wire
JANUARY 2, 2024
Fifteen years ago, I launched a business on a mission to modernize and decrease friction in the real estate finance supply chain. To our way of thinking, the model that suits modern mortgage lending to a ‘T’ is the marketplace model. Here’s what is possible now I’ve been thinking about these and similar issues my entire career.
Housing Wire
NOVEMBER 2, 2021
California-based Anchor Loans, founded in 1998, provides capital for professional residential real-estate investors through bridge and construction products. “We are seeing a significant increase in the investments required to upgrade today’s aging homes and modernize our infrastructure,” said Mullen in a statement.
Appraisal Buzz
JUNE 20, 2022
All the talk and attention given to appraisal modernization, appraisal waivers, desktop and hybrid appraisals contributes to anxiety. It’s not unusual for alterations to be made to plans during construction, or for the improvement to be built at variance to the specifications due to decisions made on the fly.
Housing Wire
DECEMBER 15, 2021
HousingWire recently spoke to Finance of America Mortgage President Bill Dallas about viable alternative options for homebuyers and the innovative products FAM offers to meet the unique financial needs of today’s modern borrowers. Bill Dallas: As construction and labor costs have climbed, so, too, have home prices.
Housing Wire
MAY 18, 2023
One panelist argued for adoption of the Neighborhood Homes Act, which would establish a federal tax credit for new construction or substantial rehabilitation of affordable, owner-occupied housing in distressed urban, suburban, and rural neighborhoods. There is no shortage of ideas for meeting the modern-day challenges of affordable housing.
Housing Wire
AUGUST 17, 2021
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. In addition, a vast majority of people spent more time at home in 2020 than ever before in modern history.
Appraisal Buzz
APRIL 9, 2025
In 2024, Valligent launched the 1004D Virtual Completion Certificate, speeding up verification of appraisal report conditions for construction or repairs. Xactus is committed to advancing the modern mortgage and leading the charge through innovation. This solution became essential for post-disaster inspections during hurricane season.
Housing Wire
FEBRUARY 1, 2021
As Candace Taylor writes in The Wall Street Journal , “These days, buyers eschew the large, ornate houses built in [previous] years in favor of smaller, more-modern looking alternatives.” However, new construction trends do not reflect this changing preference.
Appraisal Buzz
MAY 23, 2024
Truity Credit Union , a member-owned credit union with locations in Oklahoma, Kansas and Texas, is using Dark Matter’s Empower loan origination system to provide loan officers and members a modern, mobile-friendly experience across home purchase, refi, home-equity and construction loan originations.
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