Apply Online
Schedule a Call

REALTORS & HOMEBUILDERS

Homebuilders encounter credit, supply cost headwinds

Homebuilders encounter credit, supply cost headwinds

Housing markets, NAHB, REALTORS & HOMEBUILDERS, Tariffs /

Luke Sharrett/Bloomberg The ongoing tariff-impacted rise of material and service prices, alongside challenging credit conditions, are a double whammy hitting residential construction, according to analysis from the National Association of Home Builders. Prices for goods and services used in residential construction came in 2.8% higher in July on an annual basis, marking the largest increase […]

Homebuilders encounter credit, supply cost headwinds Read More »

Why there’s renewed interest in financing factory-built homes

Capital markets, LOAN PRODUCTS, Originations, Politics and policy, REALTORS & HOMEBUILDERS, Secondary markets /

Freddie Mac has expanded its program for loans on real-property factory-built homes that have features in common with traditional houses like pitched roofs, attached garages and permanent foundations. The government-sponsored enterprise said it is now buying single-section CrossMod homes loans for the first time, making it possible for borrowers to get reduced rates for housing

Why there’s renewed interest in financing factory-built homes Read More »

Fresh tariffs from Trump target homebuilding costs

Affordable housing, Housing Inventory, REALTORS & HOMEBUILDERS, Tariffs /

The impact on housing of President Trump’s latest set of tariff announcements, including a 35% levy on goods from Canada not covered under the U.S.-Mexico-Canada Agreement, is either mildly disruptive or significant, depending on who you ask. This comes from a series of executive orders signed by the President on July 31. A particular change

Fresh tariffs from Trump target homebuilding costs Read More »

What lenders need to know about Zillow v. Compass

Law and legal issues, Originations, REALTORS & HOMEBUILDERS /

The real estate industry is watching the brewing legal battle between two major real estate players over the way homes are listed and sold.  Leading brokerage Compass filed an antitrust lawsuit last month against listing giant Zillow in a fight over exclusive property listings. It’s the latest tussle in the real estate agent space, a

What lenders need to know about Zillow v. Compass Read More »

New-home sales remain tepid on affordability constraints

Housing Inventory, Housing markets, Originations, REALTORS & HOMEBUILDERS /

Sales of new homes in the US remained weak in June as builders’ heavier use of sales incentives failed to motivate buyers put off by high costs. Contract signings on new single-family homes increased 0.6% to an annualized rate of 627,000 last month, according to government data released Thursday. That fell short of the 650,000

New-home sales remain tepid on affordability constraints Read More »

Homebuilder profits slip year-over-year in difficult 2Q25

Earnings, Housing markets, REALTORS & HOMEBUILDERS /

The second quarter was a mixed bag for a quartet of publicly traded homebuilders, reflecting the meh 2025 spring home purchase season. All four were profitable, but net income was lower compared with one year prior. The market wasn’t helped by a near 14% drop in the sale of newly constructed properties (on an annualized

Homebuilder profits slip year-over-year in difficult 2Q25 Read More »

Real estate agents upbeat amid shifts in market: survey

Artificial Intelligence, Mortgage technology, REALTORS & HOMEBUILDERS /

Real estate agents are mostly upbeat about the housing market, a new report finds, even as broader economic worries leave buyers and sellers uneasy about the future. When asked about their outlook on the housing market over the next 12 months, 48% of real estate agents were more optimistic in June compared to May, according

Real estate agents upbeat amid shifts in market: survey Read More »

NAHB’s top economist weighs tariffs, immigration, economics

NAHB’s top economist weighs tariffs, immigration, economics

Homebuilders, Housing Inventory, Housing markets, REALTORS & HOMEBUILDERS /

Economic uncertainty and tariff negotiations have left home builders that lenders increasingly partner with feeling blue.  Builder confidence in June sank to a low akin to the onset of the coronavirus pandemic, according to the sector’s latest monthly index. The homebuilding industry is dealing with the high mortgage rates suppressing stronger housing demand, and unique

NAHB’s top economist weighs tariffs, immigration, economics Read More »

Sellers net all-time high sales prices to close spring

Originations, REALTORS & HOMEBUILDERS /

It’s a buyer’s market, but homeowners are still recouping all-time high sales prices.  Sellers are netting an average sales price of $400,266 over the four weeks ending June 22, according to Redfin. That figure is up 1.6% from the same time last year, in a housing market currently beset by near 7% mortgage rates and

Sellers net all-time high sales prices to close spring Read More »

Commission cuts stall as sellers stick to old ways

Housing markets, REALTORS & HOMEBUILDERS /

Homeowners are reverting back to old habits in the real estate market. After giving them smaller commissions in 2024, sellers are paying buyer’s agents 2.77% commissions this year, according to brokerage Clever Real Estate. Those buyer agents saw their commissions dwindle to 2.30% last year, as the industry adjusted to a major rule change. The

Commission cuts stall as sellers stick to old ways Read More »