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Are mortgage rates about to fall?

Housing Wire

I want to see what the apartment completion data looks like because labor is at risk once those apartments under construction are completed. Since we focus so much on the labor data and the direction of mortgage rates, tracking construction workers in each economic cycle is essential.

Mortgage 390
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New home sales battled scorching prices in April

Housing Wire

Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction. Lumber prices alone have tripled over the past year and have added a massive $35,872 to the average price of a new home. The MBA’s mortgage credit availability index increased in April to 128.1

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2021 Tech Trendsetters nominations are now open!

Housing Wire

Take a look at some of the 2020 honorees: Maxwell co-founder John Paasonen has grown the company to serve more than 250 community lenders since 2015 and the Maxwell platform has now facilitated over $100 billion in loan volume, helping its customers enhance the borrower experience by closing loans 45% faster than the national average.

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. Neighborhood Homes creates a tax credit that covers the gap between the cost of construction and a home’s sale price.

Investing 415
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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

The licensing laws and regulations for home inspectors do not permit them to develop opinions of property value like appraisers do. Even FHA got into the euphemism game with the publication of Handbook 4000.1 , which went into effect in 2015. Relatively few appraisers take courses on inspection skills or construction.

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Developing a lending strategy for rising mortgage rates

Housing Wire

The gen­er­a­tion made up 38% of home buy­ers in the year that ended July 2019, up from 32% in 2015, ac­cord­ing to the Na­tional As­so­ci­a­tion of Re­al­tors. ”. The post Developing a lending strategy for rising mortgage rates appeared first on HousingWire. To contact the author of this story: Dave Stevens at dave@davidhstevens.com.

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Guide to EaDo / East Downtown Townhomes

Houston Properties

Home to some of the best townhomes in the Inner Loop, EaDo is also one of Houston’s most exciting neighborhoods thanks to great access to downtown and fantastic new development projects. East Downtown (EaDo) is a rapidly developing neighborhood adjacent to Downtown Houston. – 2015: #1 Individual Agent, Keller Williams, Texas.