Homebuilders

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.

Homebuilder confidence eased slightly in December to the second-best level on record following the prior month’s peak, signaling that low mortgage rates are still giving the industry a major boost.

Applications for loans on newly built homes are still up considerably from a year ago, but they were down a little from October in the Mortgage Bankers Association’s latest survey.

Oklahoma City area homebuilders are building more houses than they have in seven years, but the market keeps soaking them up, as well as previously owned homes — amid a pandemic and rolling business shutdowns.

Consumer demand for larger properties is driving the market in an atypical year that featured a delayed selling season, the Mortgage Bankers Association said.

New-home construction maintained its momentum in October while possible site shutdowns loom.

Homebuilder confidence jumped in November, hitting another record high as buyers swarmed sales offices to take advantage of the lowest mortgage rates in history.

The coronavirus pandemic has made for a rough year for a number of industries in Central Texas, but the home construction sector hasn't been one of them.

Facing a slim inventory of existing homes for sale, Denver buyers are snapping up new homes at the fastest pace in the country, a rebound so strong that it has caught local builders off guard.

The race enters a complicated phase that could impact financial markets.

Record low mortgage rates and a flurry of buyers on the hunt for home offices and more space helped boost homebuilding on the eve of the presidential election.

The bank operating system’s integration with a technology platform for construction loans adds to indications of nCino’s increasing relevance to real estate-secured lending.

With the real estate market in desperate need for more housing stock, some industry leaders are pinning their hopes on governmental policies to make building more affordable. But how the two presidential candidates may approach these issues varies greatly.

New-home starts increased in September on a sharp gain in single-family house construction while building permits climbed, indicating residential building had plenty of momentum at the end of the third quarter.

A gauge of builder sentiment climbed to 85, the highest in records back to 1985, from 83 a month earlier, according to the National Association of Home Builders/Wells Fargo Market Index released Monday.

While spiking from the year before, mortgage applications to purchase new homes fell in September from August, with low supply and high unemployment keeping it in check, according to the Mortgage Bankers Association.

Wall Street won big buying up homes during the foreclosure crisis and renting them out. Now, it's headed back to the suburbs in hopes of scoring again.