Homebuilders

Two key economic forces are responsible for driving single-family housing forward, but their potential is limited, according to the National Association of Home Builders.

Forecasts for residential remodeling growth are looking dimmer, but this isn't necessarily a bad thing for the mortgage market.

Pretax mortgage income at NVR Inc. surged 37% year-over-year in the second quarter while originations rose 1%, contrasting more tepid home-loan earnings results relative to originations at big banks.

Hovnanian Enterprises, the corporate parent of homebuilder K Hovnanian Homes, received a new notice from the New York Stock Exchange indicating its low market capitalization could jeopardize its listing status.

New-home construction fell in June for a second month as a drop in apartment building outweighed a pickup in single-family projects.

Homebuilders' optimism increased as low mortgage rates fueled demand. However, affordability constraints and the continuing scarcity of construction workers and land parcels remain concerns.

A builder based near the Lake of the Ozarks swindled six families that sought new homes in Kirkwood, Mo., out of $356,000, the builder's federal plea agreement says.

After two strong months, applications to purchase newly constructed homes retrenched a bit as broader policy issues weighed on consumers, according to the Mortgage Bankers Association.

Median home prices in the second quarter rose 5.1% over the same period a year ago in the city of Santa Fe, with the countywide median price up 7.4%, according to the Santa Fe Association of Realtors.

Builder MDC Holdings' preliminary numbers for net new home orders registered their highest quarterly increase in years, adding to signs of growing demand for housing.

The value of construction projects started in the greater Houston area fell sharply across both the residential and nonresidential sectors in May, according to a new Dodge Data & Analytics report.

County supervisors approve a disputed project. Gov. Gavin Newsom agrees to a statewide housing policy. President Trump moves to ease home-construction regulations across the nation.

It's a sign of just how strong the Bakersfield, Calif., single-family home market is that the 1985 house Realtor Leslie Walters is in escrow to sell July 8 was listed $30,000 above the city's $300,000 sweet spot — and still two solid offers came in within a week.

Homebuilders that team with mortgage lenders get higher levels of borrower satisfaction with the finance process, according to a loanDepot study. This comes as more consumers are evaluating financing options first, highlighting an opportunity to reach them earlier on.

If current inventory shortages continue, rising costs will limit housing options for many American buyers and renters, according to a new Harvard Joint Center for Housing Studies report.

While single-family construction authorizations rose for the first time on a monthly basis in 2019, they trailed three-month and annual comparisons, signs of a continuing market slump, according to BuildFax.

New-home construction fell in May after an April reading that was stronger than initially reported, signaling stabilization in the market amid lower borrowing costs.

The Rapid City Council will consider whether to approve what officials believe is the largest residential subdivision that the city has seen in decades.

Sentiment among homebuilders unexpectedly posted the first decline this year, suggesting lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers.

A historically low number of homes were built in San Diego County in the first three months of 2019.