Tepid spring selling, strong headwinds buffet builder confidence
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index released on Monday found that homebuilder confidence remained low, falling two points to 35 in June. This marked the 14th straight month that confidence was below 40, the longest streak NAHB has recorded since 2011 to
Starter homes start at $1M in 242 U.S. cities
But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
Title insurers see 15% premium boost in Q1
On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
Pamela Heman
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