Black Knight: 57% of Recent Borrowers Used Rate Buydowns
According to PR Newswire, “based on our Optimal Blue rate lock data, we can see definite signs of a January uptick
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Author: Hanna
Mortgage Rates Keep Dropping, Making Housing Affordable for Millions More
Falling mortgage rates mean for a busy spring homebuying season. According to Fox Business, the average rate for a 30-year
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NAHB Recognizes Top Industry Achievements at The Nationals Awards Gala
Pride was running high during day two of the International Builder’s Show as sales and marketing professionals celebrated big wins
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Top Features and Design Trends for 2023 Highlight Post-Pandemic Shifts and Affordability Struggles
Home buyer preferences have continued to shift home building trends in the wake of COVID-19. Following a brief uptick in
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IBS 2023 Does Not Disappoint
By Christine Rombouts, Senior Contributing Editor, Builder & Developer Heading back to Las Vegas in 2023, educational panels at the
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HUD Unveils New Report to Overcome Barriers to Offsite Construction
Offsite construction has the potential to deliver more affordable housing; the report was done in partnership with the National Institute
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A Housing Downturn in 2023 Followed by a Recovery in 2024
Though the housing recession will trickle into 2023, the second half of 2023 may lead to a turning point for
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New Products Wow the IBS and KBIS Show Floors
By Christine Rombouts, Senior Contributing Editor, Builder & Developer The 2023 National Association of Home Builders’ (NAHB) International Builders’ Show
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Signs of Improvement in Homebuying Affordability
Based on applications for newly built single-family homes, the report shows homebuyer affordability increased month-over-month for households in every racial
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Home Sales Rise Unexpectedly in December as Consumer Sentiment Improves
Pending home sales rose 2.5% in December, defying expectations of a drop as mortgage rates eased somewhat. The University of
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International Builders Show Exhibitors
The International Builders Show (IBS) is less than a week away! It will be held at the Las Vegas Convention
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The Courtyards at Waterstone by Landsea Homes Grand Opens With New Homes Now Selling
New High Performance Homes in desirable Southeast Palm Bay location offer quick, easy access to major transportation corridors Landsea Homes
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Trumark Homes Sells Out First Two Phases at Dahlia in Rancho Mission Viejo
More than 400 people tour model homes during Grand Opening with brisk initial sales New community features 73 two-story single-family
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Mortgage Applications Continue To Improve Ahead of Spring Homebuying Season
Mortgage rates have declined for the third consecutive week, leading mortgage applications to rise. According to Mortgage Professional America, “mortgage
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U.S. Housing Market Shows Early Signs of Recovery as Demand Rises
In the first time in more than a year, pending home sales have increased. According to Fox Business, pending home sales
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FHFA Announces Enhancements to Fannie Mae and Freddie Mac’s Radon Standards for Multifamily Properties
Enhancements to Fannie Mae and Freddie Mac’s (the Enterprises) multifamily radon standards have been announced. According to the Federal Housing
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HUD Announced New Proposed “Affirmatively Furthering Fair Housing” Rule
The rule expands on the U.S. Department of Housing and Urban Development’s (HUD) previous policy by implementing opportunities for accountability
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Average Long-Term U.S. Mortgage Rate Lowest Since September
It was reported for the week ending on Jan. 20, 2023 that the average U.S. long-term 30-year mortgage rate had
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Landsea Homes Breaks Ground on 247 Homes in Buckeye, Arizona
Bentridge will Consist of 247 Homes in Buckeye, Arizona High Performance Homes at Attainable Price Points Coming Soon Landsea Homes
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Tri Pointe Homes Starts Construction on 66 New Homes In Northwest Austin Metro Planned Community
The homebuilder will debut its Arbor Collection in a new section at Bryson Tri Pointe Homes announced that construction is
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U.S. Mortgage Interest Rates Fall To Lowest Levels Since September
The average contract rate on a 30-year fixed-rate mortgage fell to 6.23%, the week ending in Jan. 13. According to
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Builder Confidence Uptick Signals Turning Point for Housing Lies Ahead
For the newly built single-family home market, builder confidence rose from four to 35 points. According to the National Association
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Landsea Homes Closes on 113 Homesites for a New Community in Orange County, Florida
New High Performance, Single-Family Homes Coming Soon to Apopka, Florida Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”),
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Homes Now Selling at Rancho Mission Viejo’s Next Phase of the Village of Rienda
– 279 Homes Now Selling in Four New Neighborhoods – Two Neighborhoods Consist of Gavilán® 55+ Single Level Homes Rancho Mission
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KTGY Names Bryan Sevy as Principal
KTGY, a leading full-service architecture, branding, interior and planning firm focused on residential, retail, hospitality and mixed-use developments, today announced
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MBK Rental Living Acquires Land in Sonoma County, California For a 134-Unit Solar-powered Luxury Apartment Project
The Haven at Deer Creek, slated to open in spring 2024, will bring style, sustainability, and much-needed housing to the
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Mortgage Application Activity Picks up as Interest Rate Worries Ease
Applications for residential loans rose 1.2% seasonally adjusted and were up 48% unadjusted. According to Mortgage Professional America, “Mortgage rates declined
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A Record Share of Home Sellers Are Giving Concessions to Buyers
42% of home sales in the fourth quarter were accompanied by concessions, up from 31% a year earlier. According to
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FHFA Releases 2023 Scorecard for Fannie Mae, Freddie Mac
The 2023 Scorecard for Fannie Mae and Freddie Mac (the Enterprises) and their joint venture, Common Securitization Solutions, LLC was
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Final WOTUS Ruling
The new WOTUS (waters of the United States) rule radically extends the areas in which home builders are required to
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U.S. New-Home Sales Unexpectedly Increase for a Second Month
Purchases of new single-family homes increased 5.8% to an annualized 640,000 pace last month after rising in October, government data
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