Houston homebuilders are offering incentives again after a nearly 2-year break
Houston homebuilders are offering incentives again after a nearly 2-year break
The recent slowdown of home sales and rising interest rates have led to most homebuilders offering new incentives to homebuyers.
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The recent slowdown of home sales and rising interest rates have led to most homebuilders offering new incentives to homebuyers.
The recent slowdown of home sales and rising interest rates have led to most homebuilders offering new incentives to homebuyers.
After two years of not being able to build homes fast enough to keep up with demand, the nation's homebuilders are now experiencing a slowdown in sales and an increase in supply. Sales of newly built homes fell more than 8% in June from the prior month and were 17% lower than June of 2021, according to a report Tuesday from the U.S. Census. Inventory also rose to a 9.3-month supply, up from 5.6 months at the end of last year. Chief executives of major builders are saying they have to respond mor...
After two years of not being able to build homes fast enough to keep up with demand, the nation's homebuilders are now experiencing a slowdown in sales and an increase in supply. Sales of newly built homes fell more than 8% in June from the prior month and were 17% lower than June of 2021, according to a report Tuesday from the U.S. Census. Inventory also rose to a 9.3-month supply, up from 5.6 months at the end of last year. Chief executives of major builders are saying they have to respond mor...
Once again, high interest rates β now around 7% β and the ongoing lack of homes priced below $400,000 were cited as some of the factors contributing to the decrease in sales.
Once again, high interest rates β now around 7% β and the ongoing lack of homes priced below $400,000 were cited as some of the factors contributing to the decrease in sales.
Housing Market 'Meltdown' Intensifies: Homebuilders Halt Construction As Confidence Plunges To 2-Year Low Topline Home-builder confidence plunged to a two-year low in July as high inflation and supply chain constraints prompted many builders to halt construction on homes, the National Association of Home Builders reported Monday, marking the latest sign the housing market is due for a steep turnaround after the pandemic-era home-buying frenzy.
Production bottlenecks and high inf...
Housing Market 'Meltdown' Intensifies: Homebuilders Halt Construction As Confidence Plunges To 2-Year Low Topline Home-builder confidence plunged to a two-year low in July as high inflation and supply chain constraints prompted many builders to halt construction on homes, the National Association of Home Builders reported Monday, marking the latest sign the housing market is due for a steep turnaround after the pandemic-era home-buying frenzy.
Production bottlenecks and high inf...
After tweaks to add green construction and affordable housing, the developer of the proposed Metcalf 108 mixed-use again starts the approval process for winning incentives.
After tweaks to add green construction and affordable housing, the developer of the proposed Metcalf 108 mixed-use again starts the approval process for winning incentives.
With mortgage rates over 6%, homebuilders are using incentives to bolster sales, including mortgage rate buydowns, free amenities and price reductions.
The post Homebuilders up the incentives to bring buyers to the table appeared first on HousingWire.
With mortgage rates over 6%, homebuilders are using incentives to bolster sales, including mortgage rate buydowns, free amenities and price reductions.
The post Homebuilders up the incentives to bring buyers to the table appeared first on HousingWire.
Freddie Mac is bringing another credit-risk transfer offering to market, its fourth of the year, involving a $1.5B note.
The post Freddie Mac unveils 4th CRT offering of the year appeared first on HousingWire.
Freddie Mac is bringing another credit-risk transfer offering to market, its fourth of the year, involving a $1.5B note.
The post Freddie Mac unveils 4th CRT offering of the year appeared first on HousingWire.
As the housing market cools, builders reflect on what changed β and what the future holds
As the housing market cools, builders reflect on what changed β and what the future holds
Fannie MaeΒ has unveiled its eighth Connecticut Avenue Series (CAS) credit-risk transfer deal of 2022, a $626.3 million note offering backed by a reference pool of single-family mortgages valued at $20.4 billion. The offering is slated to close Aug. 5, according to a presale review by theΒ Kroll Bond Rating AgencyΒ (KBRA). This latest CAS transaction, CAS 2022-R08, [β¦]
The post Fannie Mae launches eighth CAS note offering this year appeared first on HousingWire.
Fannie MaeΒ has unveiled its eighth Connecticut Avenue Series (CAS) credit-risk transfer deal of 2022, a $626.3 million note offering backed by a reference pool of single-family mortgages valued at $20.4 billion. The offering is slated to close Aug. 5, according to a presale review by theΒ Kroll Bond Rating AgencyΒ (KBRA). This latest CAS transaction, CAS 2022-R08, [β¦]
The post Fannie Mae launches eighth CAS note offering this year appeared first on HousingWire.