Homebuilders

Resolute Forest Products is confident that U.S. import duties on softwood lumber won’t impact its future earnings because the Canadian company expects to be reimbursed for the levies paid.

Old pastures, tired citrus groves and vacant land are quickly transforming into metro Orlando neighborhoods, with about 4,000 new houses underway during the most recent quarter, a new study shows.

After launching construction lending support via Encompass in February, Ellie Mae sees shrinking construction loan closing times and increased volume.

Housing construction in the Twin Cities metro rose nearly 17 percent in July, but most of that gain was apartments.

Home sales — and prices — reached a new high in the Twin Cities area last month, but the dearth of listings continued and may soon put a brake on deals.

Residential construction ended the second quarter on a stronger note as groundbreaking on new homes rebounded in June to the fastest annualized pace in four months.

Sentiment among homebuilders deteriorated to an eight-month low in July on concerns about higher material costs, according to data from the National Association of Home Builders/Wells Fargo.

Loan application activity for the purchase of newly constructed homes decreased 4% in June from the previous month, according to the Mortgage Bankers Association.

A builder promises to offer that rarest of products in Palm Beach County's real estate market — new single-family homes priced at less than $300,000.

As demand for new homes outpaces supply, it is essential for mortgage lenders to pursue strategies that stimulate inventory levels, such as supporting builders with construction financing and offering homebuyers single-close construction-to-permanent loans. (The first in a four-part series on the mortgage industry's response to the housing inventory shortage.)