FHA does the Right Thing-Finally

by Builder Trade In Program Feb, 20

If there was ever a time to applaud the government and FHA (Federal Housing Administration) it is now. After making record profits from the MIP insurance increases which nearly doubled, FHA decided to cut those fees by 50%. The change has not only increased the number of FHA originations but also increased the number of refinances, which increases bottom line profit.

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New Construction Growth - December 2014 growth has builders anticipating continued growth in new year

by Builder Trade In Program Feb, 13

Evidence of an improving housing market continues to emerge.

Evidence of an improving housing market continues to emerge. The number of applications for U.S. home mortgages is on the rise and data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development indicates U.S. single-family home starts increased impressively in December 2014.

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NEW CONSTRUCTION-LIFE STYLED FOR THE SOPHISTICATED HOME OWNER!

by Builder Trade In Program Feb, 06

Markets in 63 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the fourth quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released today

“The markets are improving at a consistent pace,” said NAHB Chairman Tom Woods, a home builder from Blue Springs, Mo. “A growing economy and rising consumer confidence should help drive the release of pent-up demand in 2015.”  “The encouraging news is employment, where the number of metros that reached or surpassed their norms rose by 23 in a year,” said NAHB Chief Economist David Crowe.

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