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
How Much Does Homeownership Actually Cost?
A new study breaks down the costs of owning a home, from the initial down payment to utilities and everything in between
North Dakota, Minnesota top list of states with healthiest housing markets
With an unemployment rate of just 3.7 percent and a low debt-to-income ratio, North Dakota ranks as the state with the healthiest housing markets for 2011, according data from LendingTree. Other states to make the list include Minnesota, Texas, Indiana, and Iowa.
Mortgage rates climb for fourth week
Mortgage rates rose for the fourth straight week, according to Freddie Mac’s weekly survey of mortgage rates.
Business Management
Builders Profit From Distressed Land Acquisitions
While many home builders are minimizing exposure to land assets, opportunistic companies like Charter Homes, Signature Homes, and Toll Brothers view distressed land acquisition as a solution for both short-term survival and future success
Professional Builder webinar: 35 Moneymaking Ideas for Builders in 2011
Making money as a builder has never been more demanding than it is today. New tools and ideas are required to achieve success. Join Professional Builder's editors Patrick O'Toole and David Barista and columnist Scott Sedam for a fast-paced, one-hour webinar loaded with ideas you can use in your business today. This free webinar is available on demand.
Half of homeowners could get new mortgage
Barely half of all homeowners today would qualify for a mortgage under the new, more restrictive lending policies, according to Housing Predictor.
Exclusive Research + Data
Most Builders Believe Now Is a Great Time to Buy Land
Recognizing the abundance of land deals available, the fact that banks are loosening their grip on distressed properties, and forecasts that show the housing market is finally on the road to recovery, most home builders believe now is a great time to be in the market for land
Majority of consumers feel housing market poised for comeback
Despite lower home prices and tighter lending standards, a Prudential poll finds that a vast majority of Americans believe the market will recover soon. In the poll, 68 percent of potential buyers and sellers believe the market and housing prices will recover within the next two years.
Mortgage rates fall for third straight week
Mortgage rates declined for the third straight week, according to Housing Predictor, falling to 4.87% for a 30-year fixed-rate loan.
Zelman: Census home sales data inaccurate
The Census Department’s data on new construction sales is wildy inaccurate, housing analyst Ivy Zelman told CNBC.com last week. According to Zelman’s data, December estimates showed a 12 percent decline in seasonally adjusted new home sales, which she said was consistent with data from builders. But the Census reported an 18 percent increase.
Only one in four got assistance from Obama's mortgage assistance program
Of the 2.7 million homeowners who tried to get mortgage help from the Obama administration’s assistance program, only a quarter actually got their monthly payments lowered, The Wall Street Journal reported. Roughly 680,000 homeowners got payment modifications under the Home Affordable Modification Program.