Source: Fox Business — National Association of Home Builders CEO Jerry Howard said on Tuesday that he is “very concerned” over the new data showing a steep drop in new construction and warned that inflation is causing increased “concern”...
Source: Fortune —Â Simple economics dictates that neither home prices nor incomes can outgrow the other for very long. They go hand in hand. As incomes rise, those pour over into housing. In order for home price growth to stick around, there has to be a...
Source: Realtor.com — President Joe Biden has a new plan to fix the severe housing shortage that is plaguing America, leading to record-high home and rental prices. The fate of the nation’s housing market hangs in the balance. The administration’s Housing...
Source: Realtor.com —Â Ayear ago, the great majority of American homebuyers despaired over the state of the housing market. Prices had hit record highs. There were so few homes for sale that lines for open houses stretched for blocks and move-in ready places in...
Source: Housing Wire — Servicers’ forbearance portfolio volume dropped in April to a level below 1%, with fewer than half a million borrowers remaining with an active plan, according to the monthly Loan Monitoring Survey conducted by the Mortgage Bankers...
Source: Forbes — So, you found the perfect home (nice!) and you put in an offer (very nice!) and your offer was accepted (SUPER nice!)… now it’s time to have your new purchase inspected. Buyers pay for inspections in order to do their due diligence and ensure...
