Builder Confidence Improves
The National Association for Home Builders/Wells Fargo Housing Market Index (HMI) reports builder confidence for new single-family homes rose two points in Dec. to 47, the highest level since April...
View ArticleBuilder Confidence Remains Strong
The National Association of Home Builders (NAHB) reports the market for newly built, single-family homes remained at 47 on the Wells Fargo Housing Market Index (HMI) for Jan., following eight...
View ArticlePrivate, Non-profit Support Affordable Housing
HousingWire reports that non-profit NeighborWorks America and Wells Fargo have provided $27 million in down payment assistance grants to help 1,624 moderate-income buyers purchase a home. Initially...
View ArticleNAHB/HMI Index Slides One Point
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for single-family newly-built homes dropped one point to 46 this month as builder confidence leveled off. A score...
View ArticleHome Affordability Remains Steady
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), in the final quarter of 2012 74.9 percent of all homes sold in the U. S. were affordable to...
View ArticleWells Fargo: Caution; B of A: Full Steam Ahead
According to originationnews, economists at Wells Fargo Securities have suggested that institutional investors account for 20 percent of existing home sales, but as the inventory of preferable...
View ArticleBuilder Confidence Wanes
Single-family home builder confidence slipped for the third consecutive month, falling two points to 44 for March, according to the National Association of Home Builders/Wells Fargo Housing Market...
View ArticleBuilders’ Confidence Wanes
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) survey reports builder confidence dropped two points to a composite score of 42 in March as concerns over rising...
View ArticleHousing Affordability Remains Strong
The National Association of Home Builders reports 73.7 percent of the new and existing homes sold in the first quarter of 2013 were affordable to families earning the annual median income of $64,400,...
View ArticleBuilder Confidence Regains Three Points
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) composite reports builder confidence rose from 41 in April to 44 in May, as all three indexes that make up the...
View ArticleHousing Market Index Posts Largest Gain in over Ten Years
For the first time in seven years, builder confidence for newly-built single-family homes has surpassed the 50th percentile mark, which indicates builders see the market as good rather than poor. The...
View ArticleWells Fargo: Interest Rates Rise may Spur Home Sales
Providing mortgage rates rise in sync with underlying economic conditions, “Home sales and housing starts should continue to steadily improve even as interest rates edge higher,” according to a Wells...
View ArticleNewly-built Housing Index Highest in Seven Years
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for July, builder confidence for newly-built single-family homes rose six points to 57, the index’s...
View ArticleHundreds Lose Refinancing Jobs
As mortgage giant Wells Fargo lays off 763 workers in its Home Mortgage division because refinancing requests are declining, the company says it will try to find other positions for those employees,...
View ArticleModular Home to be Built by Students
Habitat for Humanity Wind River Country in Riverton, Wyoming will receive $15,000 from Wells Fargo to help build a modular home for a single mother and three children. Marking Habitat’s 16th house...
View ArticleHousing Market Improves; Policy Challenges Await
Housing affordability slipped nationwide as home prices in recovering markets rose during the second quarter, according to the National Association of Home Builders (NAHB) Wells Fargo Housing...
View ArticleMood Continues to Brighten for Home Builders
Builder confidence for new, single-family homes rose three points to 59, according to the National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI), bringing the index to its...
View ArticleFive years after Dodd-Frank, Community Banks failing, Consumers suffer and...
Sounding off in the respected Huffington-Post, Wake Forest Law School Professor Tanya Marsh writes that: “First, the mega banks are just fine.”…”Second, community banks are definitely not fine.” and...
View ArticleBuilder Confidence Holds Steady in September
According to the National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI), builder confidence in the market for new, single-family homes remained unchanged in Sept. at 58....
View ArticleNew Home Housing Market Index Drops two Points
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reports builder confidence dropped two points to 55 in October due in part to continuing challenges in the...
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