Homebuilders

There’s a 20 percentage-point gap between Black and white consumers who have the income necessary to qualify for a mortgage on a new median-priced home.

Lumber futures have surged more than 60% to record highs this year, and analysts aren’t expecting any relief until late 2021.

The Military Urban Development Initiative, which is also open to civilians, allows buyers to select a lot, house design and mortgage.

“Builders continue to be confronted with rising input costs and a lack of available lots, causing them to slow production,” MBA’s Joel Kan said.

Issuance of securitizations backed by these loans is becoming more dependable, and Fannie will need more mortgages that finance newly-built energy-efficient homes to keep it going.

Home construction starts rose for a fourth-straight month in December to the best pace since late 2006 as builders responded to the robust demand for single-family housing.

Homebuilder confidence slipped to a four-month low in January as firms became slightly less optimistic about sales against a backdrop of higher house prices and construction costs.

Purchase apps for new homes only eked out a small gain in December but the Mortgage Bankers Association is forecasting that they will continue to increase.

Led by El Dorado County, the Sacramento region became one of California's notable housing and growth hot spots in the final months of 2020, new data show.

Single-family starts rose for a seventh month to a 1.186 million annualized rate that was the highest since 2007.