Homebuilders

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.

Homebuilders are growing more confident in the market for newly built single-family homes as demand grows. At the same time, mortgage companies are streamlining the new construction loan process, suggesting they, too, see value in the market.

Miami-Dade would increase the cap on prices that affordable-housing developers can charge for homes built using county money or land, with administrators saying current price limits are outdated for the market.

Loan applications for newly constructed properties accelerated going into this year's peak home buying season, contrasting with the weakness seen in the market a year ago, according to the Mortgage Bankers Association.

Homebuilders eased back on Dallas-Fort Worth construction in the early months of 2019.

Canada housing starts rebounded in March from a sluggish performance a month earlier, returning to levels more in line with demographics and highlighting the buoyancy of the nation's battered real estate market.

Lennar, one of Houston's largest homebuilders, has launched a line of communities that aims to offer new houses in an increasingly rare affordable price segment serving first-time buyers.

Homebuilders in the Twin Cities metro had their sleepiest March in four years with single-family and multifamily construction falling sharply.

Plaza Home Mortgage's wholesale division has rolled out a one-time close, construction-to-permanent loan that meets Fannie Mae underwriting guidelines.

Sales of new homes rebounded to the best pace in almost a year and exceeded estimates in February, led by the Midwest, as lower mortgage costs helped buyers afford properties.

Falling mortgage rates are giving a lift to homebuilders just in time for the key spring selling season.

New-home groundbreakings fell in February by the most in eight months on a drop in single-family homes, suggesting buyers and builders remain wary despite higher wages and a drop in mortgage rates.

Lennar, the region's largest home builder has acquired a huge piece of land alongside Interstate 15 in the San Diego community of Rancho Peñasquitos and is preparing to build 324 single- and multi-family homes for middle-class families.

Houses selling well at lower price points are likely to encourage the creation of more entry-level homes, according to a new report by the National Association of Home Builders and Wells Fargo.

Sentiment among homebuilders held steady in March, sustaining a rebound from a recent three-year low on improvement in sales and a brighter outlook for the next six months.

A strong spring home purchase season could reverse the downward trends in single-family construction and remodeling activity and help deter an economic downturn, a report from BuildFax said.

New-home mortgage applications are on the rise, incentivizing builders to add housing stock in a market drained of supply and signaling a healthy spring buying season ahead, according to the Mortgage Bankers Association.

Sales of new homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines.