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Housing and the 2020 Presidential Election

Pro Builder

Housing and the 2020 Presidential Election. Mon, 10/05/2020 - 23:10. Housing issues are in play in the race for the presidency in the 2020 election, and home builders are paying attention. Do presidential elections really impact housing? housing industry. housing industry.

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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

Despite the Coronavirus pandemic concern shortened session, the legislature acted on 1,664 House bills and 12 resolutions and 1,081 Senate bills and 6 resolutions with 667 bills passing both chambers before they adjourned sine die on March 18, 2020. House Bill 1077 (Ch. Senate Bill 170/House Bill 241 (Chs. Ground Leases.

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Selling a House with Solar Panels is Fraught with Peril

Green Building Law Update

There are nearly 2 Million houses in the U.S. It can be perilous to fail to properly address rooftop solar panels at the time of sale of a house. Obviously that language creates issues when selling a house with solar panels installed on the roof that belong to someone else. Some of the companies engaged in this business (.

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Mortgage Rates Return to March 2020 Levels

Pro Builder

Mortgage Rates Return to March 2020 Levels. At the end of January, the average rate on a 30-year fixed mortgage hit a low of 2.75%—it now rests at 3.45%, the same rate as March 2020. Prices are now up over 10% from this time in 2020, according to CoreLogic, and there appears to be no letup in the gains. Financing.

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Will Rising Mortgage Rates and Home Prices Slow Housing Demand?

Pro Builder

Will Rising Mortgage Rates and Home Prices Slow Housing Demand? Single and multifamily construction starts dropped to the lowest pace since August 2020, which could mean the market will soon reach a turning point, says CNBC. cbroderick. Thu, 03/18/2021 - 10:11. It could be a result of rising mortgage rates and home prices, says CNBC.

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

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Lumber Prices Hit Record High, Threatening Housing's Momentum

Pro Builder

Lumber Prices Hit Record High, Threatening Housing's Momentum. The price tops the most recent peak of $955 set in September 2020 and continues a general pattern of escalation since initial COVID-19 stay-at-home restrictions were put into effect nearly a year ago. Fri, 02/12/2021 - 14:34. Rich Binsacca. and Canada. and Canada.

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