Tag Archives: Home Builder

To lock or not lock? That is the mortgage question

The rise in rates put the brakes on the housing recovery, sending both mortgage applications and home sales lower during the summer months. While home builders continued to tout demand and affordability, they could not help but notice fewer buyers … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Home builder confidence stalls in September

There is certainly plenty of pent-up demand, especially among younger, first-time home buyers, but many of them are still struggling in today’s job market, either unable to find steady work or not earning enough to afford today’s higher down payment … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Home builders: Best in years and getting better

All but one region saw a gain in its three-month moving average on the NAHB index in August. The Midwest and West each posted six-point increases, to 60 and 57, respectively, while the South posted a four-point gain to 54 … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , | Leave a comment

Mortgage rate spike finally hits housing market

While buyers may be pausing, however, their optimism is not. Americans are increasingly hopeful about housing’s return. Sixty-two percent believe mortgage rates will go up over the next year, according to a new Fannie Mae survey, but 74 percent also … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Home builder confidence soars despite rising rates

“Today’s report is particularly encouraging in that it shows improvement in builder confidence across every region as well as solid gains in current sales conditions, traffic of prospective buyers and sales expectations for the next six months,” noted NAHB Chairman … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment