Homebuilders

Just over two weeks ago, California lawmakers were planning to advance some of the most aggressive policies in the nation to combat rising housing costs.

The exurbs were the only area that posted annual growth in new single-family home permits in the first quarter, highlighting an ongoing affordability battle for homebuyers and builders looking for land, according to the NAHB.

Big and bold ideas often bomb out in the Legislature. And the biggest bill of this young session — a proposal to spur high-density housing — just blew up.

Sales of new homes cooled in April from an 11-year high amid a surge in prices, adding to signs of softness in housing at the start of the quarter.

New-home construction rose for a second month and topped estimates in April in a sign of positive momentum for the housing sector at the start of the second quarter.

Sentiment among homebuilders increased in May by more than expected, sustaining this year's upward swing on stronger sales and lower mortgage rates.

Dallas-Fort Worth is still the country's top homebuilding market.

Lending against single-family home construction is an area where depositories have traditionally faced little competition. That's starting to change.

It's been a dreary spring for many homebuilders in the Twin Cities.

Remodeling activity stepped up in recent years as homeowners stayed put for nearly twice as long as before the housing bubble burst, but several forecasts point to a potential slowdown on the horizon, which is a welcome sign for the mortgage business.

With strong housing demand continuing in Central Texas, new home starts increased almost 7% in the first quarter compared to the first three months of last year, according to new industry data.

Along a stretch of South Los Angeles near the Expo light rail line, investment dollars are pouring in.

Silverton Mortgage, an affiliate of Warren Buffett's Berkshire Hathaway, has joined a small but growing group of lenders in offering a newer form of government-sponsored enterprise financing for manufactured homes.

No state is worse than Nevada when it comes to the availability of affordable homes for extremely low-income people, according to the National Low Income Housing Coalition, which advocates for affordable housing.

Sales of new homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that reflects a boost from lower borrowing costs.

Homebuilder stocks are slipping after sales of previously owned homes fell more than forecast in March and KBW cut its rating on D.R. Horton shares.

Any worries about the possibility of higher interest rates and an economic expansion that might eventually fizzle haven't been enough to soften the housing market throughout the South Bend, Ind., region.

A state senate bill making its way through Sacramento could mean high density housing gets built along transit stops throughout San Diego County.

New-home construction unexpectedly fell in March, decelerating to the slowest pace since May 2017 and suggesting builders remain wary even as lower mortgage rates and steady wage gains offer support to consumers.

Steady interest rates could lift the housing market going forward, but for now there is an ongoing slump in single-family home construction authorizations along with maintenance and remodeling activity, according to BuildFax.