Pro Builder
FEBRUARY 7, 2022
Mortgage Rates Highest Since October 2019. Following strong employment in January, the most prevalent 30-year fixed mortgage rate is steadily rising toward 4.0%, the highest since October 2019, Bill McBride reports in the CalculatedRisk Newsletter. Housing Policy + Finance. Housing Policy + Finance. Affordability.
Pro Builder
APRIL 5, 2021
If Home Prices and Inventory Weren’t Enough, Buyers Now Struggle to Get Mortgages. Mortgage credit availability has reached near its lowest level since 2014, adding another hurdle for prospective buyers on top of low inventory and rising home prices. This is a 9% increase from 2019. cbroderick. Mon, 04/05/2021 - 08:49.
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Pro Builder
JUNE 2, 2022
Home sales are slowing, asking prices are dropping, and—believe it or not—inventory is rising. The number of new listings rose 8% in May, the first gain since June 2019, though inventory remains at a historic low nationwide, Realtor.com reports. The Housing Market Is Hitting a Turning Point, but Where Will It Go From Here?
Pro Builder
JUNE 20, 2023
from this time last year, and cities such as Austin, Texas, and Phoenix are seeing double-digit declines, but without an increase in housing inventory, experts say home prices will remain elevated throughout the remainder of 2023. Buoyancy in the national average home prices is largely due to record-low inventory levels.
Pro Builder
DECEMBER 18, 2020
The National Association of Realtors’ annual Profile of Home Buyers and Sellers survey identified characteristics of both homebuyers and homes purchased, financing, selling experiences, and general profiles before and after COVID-19. Survey results come from buyers and sellers who purchased sometime between July 2019 to June 2020.
Pro Builder
NOVEMBER 11, 2022
With housing inventory at historic lows and mortgage rates at a 20-year high, buyers are digging deep into their savings to make larger down payments in some costly metros. Buyers Are Making the Largest Down Payments in These High-Cost Cities. Fri, 11/11/2022 - 10:28. of their respective home purchase prices of $530,000 and $800,000.
Pro Builder
AUGUST 3, 2020
Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. The TBBA has twice named him Builder of the Year, and in 2019 the FHBA inducted him into the Florida Housing Hall of Fame. New Single-Family Home Inventory. NAHB New Chair to Tackle Regulation and Promote Trades. Mon, 08/03/2020 - 13:00. Leadership.
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