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Lew Sichelman

Lew Sichelman

Special to Banker & Tradesman

Lew Sichelman can be reached at

Robotics, 3D Printing Far from Mainstream in Homebuilding

Nowadays, only a handful of residences are built entirely in a factory. Many more are built with factory-built components, such as floor and roof trusses, that are delivered to the building site. But no GM or Ford Motor Co. has emerged to take the industry by storm.

There is a Magic Day to List a House

Houses listed for sale on a Thursday tend to sell more quickly, and at higher prices, than those listed on any other day of the week, research shows. But what’s the best time of day to show a house?

The Slowly Shrinking House

The townhouse sector is growing faster than any other. Builders started work on some 120,000 townhouses last year: a 15 percent jump in production over 2017. But some builders are going smaller yet.

As-Is Often Means As-Won’t Sell

Homeowners who sell their houses “as-is” may end up costing themselves more than they would have spent to make the necessary repairs – if they are able to sell their homes at all.

HUD DACA Policy Change Adds to Housing Woes

The Trump administration has decided the country’s 800,000 “Dreamers” – undocumented immigrants brought here as children but who have grown up here – are no longer eligible for federally insured mortgages, causing consternation and confusion among mortgage lenders.

A New Loan Aimed at Older Homes

A new mortgage product is about to hit the market that could make it easier for owners to repair or rebuild homes that have been damaged or destroyed in floods, tornadoes, hurricanes and other natural disasters.

Can You Afford to Sell?

In most real estate transactions, the focus is on the purchaser and whether he or she can afford to buy the property. But there is another, equally important question: Can the seller afford to sell?

Of Construction Miscues and Mishaps

Homebuyers who expect their newly built castles to be flawless masterpieces are only fooling themselves: The perfect, zero-defect house has yet to be built. But every builder has a whopper of a story about a big mistake.