Homebuilders

The real estate industry is expecting homebuilders to add more inventory this year, but new-home sales tanked in the closing months of 2018, according to Redfin.

The real estate industry is expecting homebuilders, with the aid of local governments, to add more financially attainable starter homes to the market and ease burdens for buyers, according to Redfin.

Mortgage applications for new homes declined again as worries over the stock market and the global economy outweighed lower interest rates for potential buyers, the Mortgage Bankers Association said.

Sentiment among homebuilders rose for the first time in three months amid a decline in borrowing costs, a sign that housing may stabilize in the year ahead even as the industry remains in a broad slowdown.

North Texas homebuilders eased off construction in the fourth quarter as some buyers took a break from the housing market.

Lennar Corp., the first big homebuilder to report in this earnings cycle, surged after its chairman said buyer traffic improved in December as mortgage rates declined.

Movement Mortgage is purchasing the entire retail production division of Lennar's Eagle Home Mortgage subsidiary, although the homebuilder will still have a home finance business on its books.

The mortgage industry faces myriad questions and challenges in 2019. Here's a look at 12 executives who will be behind the waves being made this year.

Builder Taylor Morrison Home Corp. has launched a program that lowers the rate on its lending subsidiary's mortgages for two years through a new buydown program.

The city of St. Augustine, Fla., is expected to get an abundance of new apartments and houses, and some of them are taking shape now.

New-home construction rebounded last month to the best pace since August while permits rose to a seven-month high, a sign homebuilding is potentially stabilizing even as higher prices and borrowing costs pose headwinds.

Sentiment among homebuilders fell in December to the lowest level since 2015, missing all forecasts and signaling that the industry's struggles are intensifying amid elevated prices and higher borrowing costs.

Housing could be in for a slowdown as three indicators of new- and existing-home construction activity fell year-over-year for the first time since 2011, according to BuildFax.

Despite an abundance of new central Ohio apartment complexes, the region is not building anywhere near enough housing, according to the Building Industry Association of Central Ohio.

Mortgage applications to purchase newly constructed homes continues to decline, driven by affordability concerns among potential buyers, the Mortgage Bankers Association said.

D.R. Horton Inc. is planning to buy Terramor Homes' building operations for $60 million in cash, expanding the potential customer base for the larger company's in-house lending unit.

Canadian housing starts rose faster than economists forecast in November led by gains in Vancouver, adding to evidence the country's real estate market remains stable.

The nation is suffering from a housing affordability crisis and lower construction costs and increased government subsidies can ease the pain, consumers state in a National Association of Home Builders survey.

Toll Brothers Inc. reported its first drop in orders since 2014, led by a big falloff in California demand, a sign that high-end property markets are cooling. Shares slumped.

The San Diego region has no shortage of homes next to fire-prone hillsides covered in highly flammable chaparral and grasslands. The undulating, arid topography has carried flames at mind-boggling speeds in some of the state's most destructive blazes.