The annual large independent mortgage banker race to raise their internal conforming loan limit ahead of the formal announcement in November has begun. Processing Content These firms, a group which includes both publicly traded and private companies, have the financial wherewithal that their smaller sized brethren don’t, by being able to put these loans on […]
Rocket starts higher conforming limit marketing push Read More »
Artificial intelligence (AI) and broader tech investment is reshaping broad swaths of the U.S. economy, but its impact on housing is proving far from uniform. HousingWire Data updated July 25 shows a growing divide between markets where AI wealth is supporting demand and those where even strong technology growth has not translated into higher home
AI’s housing impact is strong — but highly localized Read More »
While many homebuilders battle a gross margin slippery slope from the 20s into the mid-teens, Green Brick Partners is fairly striding against the tide. During the company’s Q2 earnings call on Thursday, executives said its gross profit margin expanded to 29.8% in Q2, down 150 basis points from a year ago but up 900 basis
Green Brick seizes a margin edge as a land and product outlier Read More »