Tag Archives: Home Builders

Buy your next house from a warehouse

Home builders are facing a tough buyer market, as mortgage interest rates rise and wage growth struggles. They are facing soaring land costs as well as limited labor and supplies. This pushed Pulte to raise prices 9 percent in the … Continue reading

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Want a house? See what $1 million gets you

First, negative home equity. Millions of homeowners are still stuck in place, unable to sell because they owe more on their mortgages than their homes are worth. While more than 3 million homeowners came up from underwater in the past … Continue reading

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Home prices push past rising rates, says report

(Read more: Home values rise, but millions still drown in debt) Mortgage rates are about a full percentage point higher today than they were at the beginning of March. The average rate on the 30-year fixed hit 4.80 percent by … Continue reading

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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

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Home builders boost prices amid rising rates

Mortgage rates jumped over a full percentage point from May through June of this year, robbing home buyers of much-needed purchasing power. While they have now settled back a bit, they are far from the record lows of the past … Continue reading

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