Mortgage demand for new homes jumped in October as the inventory for existing homes remained depleted. Mortgage applications for new-home purchases rose 39.7% in October on a year-over-year basis and were up 6% from the […]
New home listings have fallen by 25 percent year-over-year in the U.S., according to Redfin. Smith & Associates Realtor Melanie Atkinson, Trueblood Real Estate Realtor Dan O’Brien, and Coldwell Banker Residential Brokerage Realtor/Broker Associate Kathy […]
The index that measures the confidence of new home builders in the market for their product inched slightly higher again in April. The National Association of Home Builders (NAHB) says the NAHB/Wells Fargo Housing Market […]
According to the National Association of Home Builders, U.S. taxpayers are taking advantage of new home energy-efficiency related tax credits. A recent Internal Revenue Service data analysis by NAHB indicates that more than 800,000 taxpayers […]
Rising mortgage rates & home prices reducing affordability, even as supply grows. KEY TAKEAWAYS Sales of new single‐family houses in April totaled a seasonally adjusted annual rate of 591,000, 16.6% below the revised March rate. […]
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