builder confidence

What About Home Prices???

Today’s News Synopsis: Home sales will go down in 2020.  According to the latest MBA Weekly Survey, mortgage applications increased 7.3% from last week.  Meanwhile, builder confidence posted a historic decline. In The News: MarketWatch – “Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices?” …

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Is Your Sale “Social Media Ready?”

Today’s News Synopsis: Social media factors in Millennial home-buying decisions.  Speaking of which, experts believe more Gen Zers will own homes than millennials.  Foreclosure activity decreased by 10% month-over-month and 6% year-over-year in November. In The News: Zillow – “More Gen Zers Than Millennials Will Own Homes, Experts Say” (12-16-2019) “The oldest Millennials, who will turn …

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Good News, Homeowners Insurance Will Cover That Damage!

Today’s News Synopsis: So you’re going to do that renovation yourself.  Where are the most expensive zip codes in the U.S?  The NAHB reported builder confidence continues to remain strong this month, having only decreased by one point to 70. In The News: Redfin – “If There’s a Recession, Will the Housing Market Crash?” (11-18-2019) “Amid …

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How To Attract Gen Z Renters

Today’s News Synopsis: Gen Z is going to spend more on rent than any previous generation.  Builder confidence was at 71 this month, it’s highest in 20 months according to NAHB.  The Mortgage Bankers Association reported mortgage applications increased 0.5% from last week. In The News: NAHB – “Builder Confidence Hits 20-Month High” (10-16-2019) “Builder confidence …

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PadSplit Says Single Rooms Are Ready For A Comeback

Today’s News Synopsis: Are single-room rentals the future of low cohousing?  New home purchase mortgage applications increased 33% last month according to the Mortgage Bankers Association.  The NAHB reported builder confidence increased one point to 68 this month, putting it at a yearly high. In The News: NAHB – “Builder Confidence Hits Yearly High in September” …

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