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Tag Archives: housing

Housing Activity in Some Areas Getting Back to Normal

Nationwide, 56 of 350 metro markets returned to or exceeded their last normal levels of economic and housing activity in June, according to the National Association of Home Builders’ First American Leading Markets Index. Year over year, this represents a …

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FHA’s New Plan Means More Credit Available to Borrowers

The Federal Housing Agency is taking steps to expand access to mortgage credit for underserved borrowers. Department of Housing and Urban Development Secretary Shaun Donovan told a gathering of the National Association on Realtors May 13 that lending to potential …

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Lots in Short Supply For Many Home Builders

WASHINGTON (MarketWatch) — Families buying new homes can expect prices to continue to rise, as builders say there’s a low supply of developed lots and that properties suitable for new housing have become more expensive. Builders will pass along 100% …

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Home Sizes Increase as Economy Improves

With the improved economy, new homes are getting bigger again. The average size of newly built single-family homes increased during the first quarter of this year, according to the National Association of Home Builders. Using first-quarter census numbers on home …

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New Home Loan Rates Remain Stable

The average characteristics of conventional mortgages used to buy newly built homes were little changed in April, according to data released earlier today by the Federal Housing Finance Agency (FHFA).  The average contract interest rate declined a scant 2 basis points to 4.19 percent, while …

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No Change in Builder Confidence

Builder confidence in the market for newly built, single-family homes in May fell one point to 45 from a downwardly revised April reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).  Derived from a monthly …

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