Loan applications for new-home purchases were up 19 percent from a year ago in January, according to an MBA survey of builders that’s been an accurate predictor of trends. Continue reading
With listings still in short supply, homebuyers are “dealing with an affordability shock” and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY. Continue reading
Lack of inventory driven by mortgage lock-in effect may persist if the Federal Reserve maintains a ‘higher-for-longer’ rate strategy to combat inflation, Fannie Mae economists said. Continue reading
Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they’ll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel. Continue reading
Builders pushed forward with more new single-family projects for the second month in a row, but remained far less active than last year, according to data released Tuesday by the U.S. Census Bureau. Continue reading
To get a clearer picture of where things stand for builders — and where they’re headed for investors — Inman compiled financial results from the nation’s five largest publicly traded homebuilders. Continue reading
Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7 percent to 6.8 million. Continue reading
What’s the best time to build, you ask? Right now. Yes, even with commodity prices up. When clients decide to build a home, there are more factors to consider than just the price of lumber. Continue reading
Zonda, a provider of data intelligence, lead generation and engagement tools to the homebuilding industry, is rapidly scaling up its capabilities through a string of acquisitions. Continue reading
Agent referrals can be incredibly helpful for both those on the giving and the receiving ends, but they need to be handled with care. Here are 11 ways to avoid a referral gone wrong. Continue reading