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Homebuilder confidence

Lower mortgage rates boost US home sales in February – Reuters

March 27, 2023 by Brett Tams

Lower mortgage rates boost US home sales in February  Reuters

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Housing starts increase to meet rising buyer demand

March 17, 2023 by Brett Tams

Housing starts rose in February as builder sentiment and buyer demand increase, but economic uncertainty still poses challenges.

Posted in: Paying Off Debts, Real Estate Tagged: 2, 2022, All, average, Bank, Banking, banks, Bright MLS, builder, Builder Confidence, Builder Sentiment, builders, building, building permits, Built, business, buyer, Census Bureau, clear, construction, decades, Department of Housing and Urban Development, Development, environment, existing, expectations, experts, Family, Finance, Financial Wize, FinancialWize, financing, First American, future, home, home builders, home prices, Homebuilder confidence, homebuilder sentiment, Homebuilders, homebuyer, homebuyer demand, homes, Housing, Housing market, Housing permits, Housing Starts, HUD, improvement, index, industry, interest, interest rates, inventory, market, Midwest, mls, Mortgage, MORTGAGE RATE, Multi-Family, NAHB, National Association of Home Builders, new, new construction, Odeta Kushi, or, Other, Permits, pressure, Prices, projects, rate, Rates, Real Estate, rise, sales, Sell, selling, Silicon Valley, silicon valley bank, single, single-family, single-family homes, single-family housing, SINGLE-FAMILY HOUSING STARTS, Spring, stress, survey, the west, trend, U.S. Census Bureau, U.S. Department of Housing and Urban Development, under, wells fargo, Wells Fargo Housing Market Index, will

With little competition, homebuilders are feeling better

March 15, 2023 by Brett Tams

Despite economic uncertainty, homebuilders remain optimistic in March, but six month outlook falters slightly.

Posted in: Mortgage Rates, Real Estate, Refinance Tagged: 2022, acquisition, ad, affordability, affordable housing, All, Banking, banks, builders, Built, buyers, charts, Competition, construction, cost, Development, environment, existing, Existing home sales, expectations, Family, Federal Reserve, Financial Wize, FinancialWize, home, home builders, home buyers, home inventory, home market, Home Sales, Homebuilder confidence, homebuilder sentiment, Homebuilders, homeowners, homes, Housing, Housing Affordability, housing demand, Housing inventory, Housing market, index, interest, interest rates, inventory, Land, loan, Loans, market, Midwest, More, Mortgage, MORTGAGE RATE, Mortgage Rates, Moving, NAHB, National Association of Home Builders, new, new home, Other, points, poor, pressure, rate, Rates, Real Estate, rise, Robert Dietz, sales, shortage, single, single-family, single-family homes, stress, survey, the west, value, volatility, wells fargo, Wells Fargo Housing Market Index, will

The homebuilders got lucky this time

February 17, 2023 by Brett Tams

The homebuilders got lucky in the current recession since they don’t have to compete with millions of existing homes.

Posted in: Mortgage, Mortgage Rates Tagged: 2022, 457, active, affordability, All, average, bad credit, basic, basics, before, Behavior, build, builder, builders, building, building permits, Buy, buyers, charts, Choices, Competition, construction, contracts, cost, country, covid, COVID-19, Credit, data, Debt, Economy, efficient, environment, existing, Existing home sales, Fall, Family, Financial Wize, FinancialWize, fixed, glasses, good, great, Grow, growth, historical, home, Home Sales, Homebuilder confidence, Homebuilders, Homebuyers, homeowners, homes, homes for sale, Housing, housing completions, Housing inventory, Housing market, Housing permits, housing predictions, housing recession, Housing Starts, index, industry, Inflation, inventory, job, jobs, Listings, low, LOWER, market, More, Mortgage, MORTGAGE RATE, Mortgage Rates, Moving, NAHB, NAR, needs, new, new home, new home sales, Other, percent, Permits, predictions, Prices, rate, Rates, Recession, right, sales, Sell, sellers, simple, single, single-family, single-family housing, SINGLE-FAMILY HOUSING STARTS, Spring, stock, survey, time, trends, under, value, versus, wages, wells fargo, will, work, workers, working

Builders are feeling cautiously optimistic thanks to lower mortgage rates

February 15, 2023 by Brett Tams

Temperatures are slowly starting to rise in many parts of the country — and so is homebuilder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report.

Posted in: Mortgage Rates, Paying Off Debts, Real Estate Tagged: 2, 2022, 2023, affordability, affordable, All, average, builder, Builder Confidence, Builder Sentiment, builders, building, Built, business, buyers, charts, construction, cost, country, data, entry, environment, expectations, Fall, Family, Federal Reserve, Financial Wize, FinancialWize, Forecasts, home, home builders, home construction, home prices, Homebuilder confidence, homebuilder sentiment, Homebuilders, homebuilding, homes, Housing, Housing Affordability, housing costs, Housing market, Housing Market Index survey, Housing shortage, impact, improvement, index, industry, international, Las Vegas, LOWER, market, Midwest, Monetary policy, More, Mortgage, Mortgage Rates, Moving, NAHB, National Association of Home Builders, new, offer, organization, Other, points, policymakers, Prices, rate, Rates, Real Estate, Regulatory, rise, Robert Dietz, sales, second, Sell, selling, shortage, single, single-family, single-family homes, Spring, survey, the west, trend, value, volatility, wells fargo, Wells Fargo Housing Market Index

New home sales continued to yo-yo in October

February 5, 2023 by Brett Tams

Despite October’s nationwide uptick in new home sales, homebuilder confidence continues to slide, hitting its lowest level since June 2012 in November.

Posted in: Paying Off Debts, Real Estate Tagged: 2, 2022, 2023, Bank, builder, Builder Confidence, builders, buyers, Census Bureau, color, construction, data, Department of Housing and Urban Development, Fall, Family, Financial Wize, FinancialWize, First American, Flagstar, Flagstar Bank, home, home builders, home prices, Home Sales, Homebuilder confidence, Homebuilders, homes, homes for sale, Housing, Housing market, How To, HR, HUD, index, inventory, LOWER, Make, market, median sale price, Midwest, More, Mortgage, Mortgage Products, NAHB, National Association of Home Builders, new, new home, new home sales, Odeta Kushi, pandemic, Permits, points, Prices, products, rate, Real Estate, sales, single, single-family, single-family homes, specialty, Style, the west, U.S. Census Bureau, U.S. Department of Housing and Urban Development, upgrades, wells fargo, Wells Fargo Housing Market Index, will

Mortgage buydowns on the rise as builders try to entice more buyers

February 5, 2023 by Brett Tams

Builder confidence continued its downward spiral in November, and builders are now turning to mortgage buydowns to bring in buyers.

Posted in: Mortgage Rates, Real Estate Tagged: 2, 2022, action, affordability, affordable, All, average, builder, Builder Confidence, Builder Sentiment, builders, building, Built, Buy, buyer, buyers, color, construction, Consumers, cost, covid, COVID-19, COVID-19 pandemic, Credit, Crisis, estate, expectations, experts, Family, Federal Reserve, Financial Wize, FinancialWize, great, home, home builders, home buyers, home construction, home prices, Homebuilder confidence, Homebuilders, homeownership, homes, Housing, Housing Affordability, Housing market, HR, index, industry, Inflation, interest, interest rates, Jerry Konter, lenders, leverage, Make, market, Midwest, More, Mortgage, mortgage lenders, MORTGAGE RATE, Mortgage Rates, Moving, NAHB, National Association of Home Builders, new, Other, pandemic, points, Prices, rate, Rates, Real Estate, Recession, Regulatory, rise, Robert Dietz, sales, Seasonality, Sell, single, single-family, single-family homes, Spring, Style, survey, the west, wells fargo, Wells Fargo Housing Market Index

Homebuilders still need lower mortgage rates

January 27, 2023 by Brett Tams

How are homebuilders positioned heading into spring? It’s all about mortgage rates as they move through a backlog of unfinished homes.

Posted in: Mortgage, Mortgage Rates, Refinance Tagged: 10-year yield, 2, 2021, 2022, active, All, balance, balance sheet, Behavior, bond, bond yields, Books, build, builders, business, buyers, Census Bureau, construction, crash, data, Deals, Department of Housing and Urban Development, efficient, existing, Existing home sales, expensive, Family, Financial Wize, FinancialWize, good, growth, historical, history, home, Home Sales, Homebuilder confidence, Homebuilders, Homeowner, homeowners, homes, house, Housing, housing crash, Housing inventory, Housing market, Housing permits, index, inventory, investors, Listings, low, LOWER, Make, making, market, model, money, More, Mortgage, Mortgage Rates, Move, Moving, NAR, new, new home, new home sales, Other, Permits, points, products, rate, Rates, ready, Reverse, sales, second, Sell, sellers, single, single-family, Spring, spring housing market, stock, stocks, story, time, U.S. Census Bureau, under, will, work

Homebuilders are pushing through inventory backlog

January 20, 2023 by Brett Tams

A slowing housing market led homebuilders to pull back, starting just 1.53 million housing units in 2022, down 3% from 2021.

Posted in: Mortgage, Mortgage Rates, Paying Off Debts, Real Estate Tagged: 2021, 2022, 4%, All, builders, building, building permits, buyer, buyers, construction, contracts, existing, Family, Financial Wize, FinancialWize, First American, front, General, Homebuilder confidence, Homebuilders, homes, Housing, housing completions, Housing market, Housing Starts, impact, inventories, inventory, LOWER, market, Midwest, More, Mortgage, Mortgage Rates, Multi-Family, Multifamily, multifamily housing, new, Odeta Kushi, offer, Permits, pressure, projects, rate, Rates, Real Estate, sales, second, single, single-family, single-family homes, SINGLE-FAMILY HOUSING STARTS, soaring, Spring, U.S. Census Bureau, U.S. Department of Housing Development, under, will

Homebuilders are leaving the cupboard bare for tomorrow

January 18, 2023 by Brett Tams

Housing starts declined slightly in November, but economists are more troubled by the lack of building permits issued to homebuilders.

Posted in: Paying Off Debts, Real Estate Tagged: 4%, affordability, All, balance, borrowing, builders, building, building permits, buyers, Compass, construction, cost, crash, Economics, expensive, Family, Financial Wize, FinancialWize, home, home buyers, home construction, Homebuilder confidence, Homebuilders, homebuilding, homes, Housing, housing crash, Housing market, Housing Starts, HUD, improvements, Inflation, inventory, Main, Make, market, Midwest, More, Mortgage, Mortgage Rates, Multifamily, new, Operations, Other, Permits, president, rate, Rates, Real Estate, sales, single, single-family, trend, U.S. Census Bureau, will, winter, work, Zillow
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