Tag Archives: Mark Hanson

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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Rising Home Prices Are ‘Unsustainable’—Realtors

Also weighing on home prices are rising mortgage rates. May’s existing home sales report from the Realtors represents closed sales, so contracts and interest rates would have been signed and locked in March or April, before rates began to rise. … Continue reading

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Housing Investors Cool on Buy-to-Rent Model

Nearly half the investors surveyed said they planned to cut back on purchases of homes in the coming year; in a survey last August, just 30 percent said they planned to cut back. Only 20 percent of investors said they … Continue reading

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Home Builder Stocks Soar as Housing Battles Back

But not all are bullish on the builders, especially those that concentrate in the formerly hard hit housing markets like Arizona and California. Inventories are low in these states and prices are surging largely because of huge investor demand for … Continue reading

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Housing Recovery ‘Fundamentally Strong’: Lennar CEO

Miller also said he is not concerned by the huge number of investor-owned single-family rental homes. He believes that renters may end up as buyers of these homes, but others are not so sure. (Read More: Housing Recovery Leaves Some … Continue reading

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