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House Removes BTR Sale Provision from Senate’s Housing Bill
The revised bill now states that institutional investors do not need to sell or divest “any covered single-family home purchased before or after the date of enactment of this Act.” Continue Reading House Removes BTR Sale Provision from Senate’s Housing Bill
Mortgage Rates Dip While Delinquency Levels Rise
The 30-year fixed-rate mortgage averaged 6.36% as of May 14. Continue Reading Mortgage Rates Dip While Delinquency Levels Rise
Foreclosure Filings Up 18% From One Year Ago
Lenders started the foreclosure process on 28,414 properties in April. Continue Reading Foreclosure Filings Up 18% From One Year Ago
Study Finds Greater Savings in Buying New Homes Versus Older Homes
The savings are primarily from the lower utility costs from newer energy-efficient construction and the delayed replacement of major systems. Continue Reading Study Finds Greater Savings in Buying New Homes Versus Older Homes
Seth J. Ring to Become President and Chief Operating Officer at Toll Brothers
Ring began his career at Toll Brothers in 2004 as an assistant project manager in the Southern California division. Continue Reading Seth J. Ring to Become President and Chief Operating Officer at Toll Brothers
Canadian Home Sales Inched Up in April
The non-seasonally adjusted national average home price was $695,412 in April, up 2.2% from the same month last year. Continue Reading Canadian Home Sales Inched Up in April
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