Posts by John Yellig
The average contract interest rate for 30-year fixed-rate mortgages backed by the Federal Housing Administration increased to 3.93% from 3.86%, the Mortgage Bankers Association...
Pathway Homes was formed by ResiLabs, a partnership between real estate private equity investor Regis Group, single-family rental landlord Invitation Homes Inc. and venture-capital firm Fifth...
Home-price growth is expected to average about 5% this year, far below the record-breaking pace set in...
Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high...
The properties are part of a 42-community portfolio belonging to Philadelphia-based landlord Resource REIT...
"December saw sales retreat, but the pull back was more a sign of supply constraints than an indication of a weakened demand for housing." — NAR chief economist Lawrence...
While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban...
“While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022.”...
The first phase of the deal comprises 1,424 new single-family homes and townhouses in Tampa, Fla.; Atlanta and Athens, Ga.; and Pinehurst,...
“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand." — Mortgage Bankers Association...