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The Federal Reserve’s housing recession dilemma

Housing Wire

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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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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Mortgage Digitalization 2.0: Moving Beyond Integrations

Appraisal Buzz

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.

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America’s New ‘Ghost Towns’

Appraisal Buzz

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?

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Investment giant Pretium Partners hires Sid Visentini to lead optimization efforts

Housing Wire

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

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2025 Office-to-Apartment Conversions Hit Record Highs 

Appraisal Buzz

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

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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.