article thumbnail

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. 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%.

Investors 448
article thumbnail

Construction worker shortage has reached “crisis” levels

Housing Wire

To keep pace with current construction demand, and account for attrition, 740,000 new construction workers are needed each year for the next three years , a report by the Home Builders Institute contends. million new hires for construction. The construction worker shortage has reached crisis level.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. The Charlotte-based company provides tools and training resources for mortgage loan originators looking to impact the market. Now, construction homes dominate purchase transactions in the market.

Mortgage 343
article thumbnail

Logan Mohtashami unpacks the slow train wreck that’s been happening in housing inventory

Housing Wire

Logan Mohtashami: Regarding inventory, we had a slow train wreck happening for years, and I can explain in more detail. Months are homes under construction 0.8 The post Logan Mohtashami unpacks the slow train wreck that’s been happening in housing inventory appeared first on HousingWire. Ghost Supply 2.2

Training 459
article thumbnail

Home inspector sees interaction from baby boomers, aging in place and reverse mortgages

Housing Wire

New construction The reverse mortgage industry has, for a while, aimed to communicate the potential benefits of the Home Equity Conversion Mortgage ( HECM ) for Purchase program as a mechanism for securing a new home by using a reverse mortgage. This is because theyre literally trained in school to find the biggest problems and identify them.

article thumbnail

Beyond rates: How Flagstar’s expertise and support drive broker success

Housing Wire

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 466
article thumbnail

Keller Williams launches KW New Homes Community

Housing Wire

Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. While lumber prices have shown some improvement in spot markets, these declines take time to translate into lower construction costs.