Sales Sales in Top Master Planned Communities Strong Despite Pandemic RCLCO’s mid-year survey for master planned communities found sales increased, even amid the pandemic. New home sales in communities grew...
Sales What Cities Have the Most Affordable Family Homes? Those looking for a family home must consider an area’s safety, available education, and expenses beyond mortgage to find the true cost of...
Economics Interest-Only Loans Risky for Most Homebuyers Some experts say that although interest-only loans may seem appealing to borrowers, there is only a small percentage of homebuyers that...
Financing Builders Bear the Brunt of US-Canada Wood Trade Dispute Amid the pandemic, many lumber mills in the Pacific Northwest temporarily closed up shop. This pushed home builders to purchase wood from...
Financing Senate Votes to Extend Paycheck Protection Program Just hours before the Paycheck Protection Program closed, the Senate reached a deal to extend it for five weeks. The unanimous vote opens...
Sales Mortgage Applications Decrease for Second Consecutive Week The housing industry boomed after shelter-in-place orders were lifted due to factors such as pent-up demand, but the drop in mortgage...
Sales Affordable Home Prices Rise 5.5% Historically low mortgage rates have sent more and more buyers into the housing market, Redfin reports. But many of these homebuyers are...
Sales Luxury Housing Market, Vacation Home Interest Snaps Back Numbers have shown the desire for city living has dropped compared to suburbia life due to the pandemic, but some homebuyers who can afford...
Economics Renting or Owning: Which Is Most Affordable? In a time when consumers are cutting costs and reevaluating finances, the question of renting versus buying is one many have pondered....
Financing Mortgage Rates Plunge After Fed Commits to Buying Mortgage-Backed Securities If the economy continues its recovery, low rates and pent-up demand have the summer homebuying season looking much brighter than what we saw...
