August’s new home sales rebound came with a catch for homebuilders: It is taking more price, more incentive and more affordability engineering to move buyers from the sidelines. Sales of newly built single-family homes rose 6.4% from July, but remained 2.0% below their year-ago pace, according to U.S. Census Bureau data released Thursday. Year-to-date sales […]
Builders cut prices as new home supply holds at 8.5 months Read More »
Credit unions have significant room to expand their reverse mortgage offerings as their memberships age, according to panelists who presented this week at the American Credit Union Mortgage Association (ACUMA)’s annual Make Your Mark conference in Las Vegas. Ron Kamler, president and CEO of Alliance Reverse Mortgage, and Brandon Bartholomew, mortgage sales manager at Mountain
Why credit unions are missing reverse mortgage demand Read More »
Two of homebuilding’s most stubborn constraints start with the letter L. Land. Local approvals. Neither is something a homebuilder controls. Yet both increasingly demand capabilities that builders must become exceptionally good at managing if they expect to make the harder math of 2027, 2028 and 2029 work. That is especially true now. New-home inventory reached
Land strategy math gets tougher for homebuilders in 2027–2029 Read More »