Vacation Home Demand Close to Seven-Year LowBy 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
Vacation Home Demand Close to Seven-Year LowBy 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 HighBy 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 InsuranceThe 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
June New-Home Sales Cool As Mortgage Rates RiseBy Kerry Smith Newly built home sales fell 2.5% last month. NAHB cited higher mortgage rates and some supply chain issues for electrical transformers as the leading cause. …continue
Builder Confidence Moves a Bit Higher in JulyWith the tight inventory of existing homes, the market remains solid for builders, and the index measuring attitudes moved one point higher to 56 from June’s 55. …continue