Summer 2026 was the best buyer’s market in over a decade, with concessions among August deals also at their highest since 2020, according to Redfin. Processing Content Current trends affecting housing costs mean lenders and their real estate partners are likely to face choosy buyers, but the frequency of incentives offered also gives them the […]
Home buyers hold the clear upper hand in today’s market Read More »
Homeowners are choosing to stay put, limiting opportunities for first mortgages but giving lenders a chance to take advantage of a growing renovation market. Processing Content Nearly 75% of homeowners said they’re focused on staying in their current home and improving it, according to a survey of 2,000 homeowners in the United States conducted by
Renovation financing opportunities await lenders, survey finds Read More »
Lennar Corp. highlighted yet another challenge for homebuilders that have been contending with sluggish demand and high mortgage rates: price competition from a growing supply of existing homes. Processing Content It’s especially notable in Florida and Texas, two of Lennar’s largest markets, Chief Executive Officer Stuart Miller said on a call with analysts Thursday. “When
Florida home sellers cut prices, add to pressure on Lennar Read More »