What Does It Cost to Build a Single-Family Home?
A closer look at the itemized costs in each stage of construction for a single-family home
A Look at the Boom in Home Builder Stocks During 2023
In 2023, stocks for the 10 biggest U.S. home builders outperformed the S&P 500. What does that say about the housing market?
Housing Demand Could Rebound in 2024 as Mortgage Rates Ease
The Mortgage Bankers Association predicts lower mortgage rates could bring homebuyers back into the market in 2024
The Federal Reserve Tightens Its Grip on the US Housing Market
Mortgage rates just surpassed a 23-year high, and experts say more rate hikes are on the horizon
Why Does the Housing Market Feel Like It's 1996?
The number of mortgage applications is currently at levels not seen since the mid-'90s
High Monthly Housing Expenses Are a Cause for Pause
With high median monthly mortgage payments, prospective buyers and sellers aren't too eager to jump into the for-sale market
30-Year Mortgage Rates Continue To Fall
Interest rates on 30-year fixed-rate mortgages fell for the first time in three weeks, offering a glimmer of hope for a housing market that still faces plenty of obstacles. Interest rates are historically low, which may boost home loan refinancing activity and also makes homes more affordable, real estate website Zillow.com said on Tuesday.
Home builder Index Stuck at Multi-Month Low
Home builder confidence remains at multi-month lows, according to a new report by the National Association of Home Builders. The NAHB/Wells Fargo housing market index remained at 13 in September, tying the August reading for the worst showing since March 2009.
Lennar Quarterly Profit Beats Estimates, New Orders Fall
Lennar Corp, the third-biggest homebuilder in the United States, reported a higher-than-expected quarterly profit and a decline in orders that was less severe than Wall Street had feared.
Hawaiian Foreclosures Hit All-Time High
A report from real estate research firm RealtyTrac Inc. said there were 1,629 Hawaii August foreclosure filings, which eclipsed the prior record of 1,534 in December.
The ABC?s of PPMs: What to expect when you set up a private placement memorandum
Most watchers of the home building industry believe that friends and family networks are an important part of the future of builder financing.
Nearly Half Must Return Homebuyer Tax Credit To IRS
Approximately 1.8 million taxpayers claimed a total of almost $12.5 billion in first-time homebuyer credits in 2009. More than 950,000 taxpayers will be required to repay the credits.
New Plan Gives Government First Dibs On Foreclosures
A new program allows government agencies and their partners to have exclusive purchase rights on foreclosed homes before families, investors and the rest of the private market is allowed to bid.
U.S. Home Prices Face Three-Year Drop as Supply Gains
The slide in U.S. home prices may have another three years to go as sellers add as many as 12 million more properties to the market. Shadow inventory is preventing prices from bottoming after a 28 percent plunge from 2006.
BofA May Have to Buy Back $20 Billion in Mortgages
A trade group for bond insurers said that Bank of America Corp., the biggest U.S. lender by assets, should repurchase as much as $20 billion in home loans that were based on wrong or missing information.
Kondaur Capital sees another 20 percent drop in housing prices
Distressed loan purchaser Kondaur Capital Corp. is cautioning about housing prices falling further still. Kondaur chief executive Jon Daurio and ratings agency Moody's expect prices to fall another 20 percent.
