Homebuilder confidence declines for the first time in 2023 amid 7% rates

Homebuilder confidence declined for the first time this year in August, reflecting the difficulties of 7% mortgage rates and reduced housing affordability.The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report showed that builder confidence fell 6 points from
Read MoreTime is up: Are you ready for Fannie Mae’s new prefund QC requirements?

Loan quality control is again top of mind for lenders, partially due to the wave of loan-repurchase requests from Fannie Mae and Freddie Mac earlier this year. Higher loan volumes in 2020 and 2021 led to proportionally more repurchase requests, and the industry is taking another look at their risk m
Read MorePrice Comps: What’s Selling And What’s Listing In New York And Los Angeles

While on opposite coasts and consisting of disparate inventory, New York City and Los Angeles share similarly competitive markets and, as such, have some of the most expensive real estate in the country.
Read MoreExperts Share Tips On Dealing With Home-Based Allergies And Sensitivities

Chemicals in our air may also be interacting with traditional airborne allergens, she adds, and other air pollution issues like the smoke and ash from wildfires can al...
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