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Builder Confidence Higher in February

NAHB’s monthly index climbed four points to 48 in February off improved buyer traffic and possible future rate cuts. …continue

Sept. New Home Sales Surge 12.3%

With too-few existing homes listed for sale, more homebuyers opted for new construction, which saw sales rise 12.3% month-to-month and 33.9% year-to-year. …continue

Vacation Home Demand Close to Seven-Year Low

By Kerry Smith
Vacation-home buyers face the same headwinds as other buyers, plus pandemic demand ended, and many have return-to-the-office orders, with loan rate locks down 50%. …continue

July New-Home Sales Reach 17-Month High

By Kerry Smith – In a seasonally adjusted month-to-month comparison, July sales were 4.4% higher than June sales. Year-to-year sales were up 31.5%. …continue

Fla. OKs New Property Insurer: Mainsail Insurance

The Florida Office of Insurance Regulation says changes passed by the Fla. Legislature have attracted new insurers and removed 280K policies from Fla.-owned Citizens. …continue