According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built single-family homes in June 2023 rose five...
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Better Together: The Importance of a Diverse and Inclusive Workforce
...Specialist with Wells Fargo. Why she is committed to DEI and AMDC As someone who is committed to creating a more equitable and inclusive society, I strongly believe that Diversity,...
Read More »Construction Materials, Overall Industry Continue Downward Slide
...infrastructure and industrial construction projects and it is anticipated that flat steel will remain elevated in Q2 2023. In February, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market...
Read More »Mortgage Apps Fall Nearly 5% Week-Over-Week
...five points to 50, according to the NAHB/Wells Fargo Housing Market Index (HMI), marking the fifth consecutive month that builder confidence has increased, and the first time that sentiment levels...
Read More »New Home Purchase Apps Rise 4% YoY
...homes in May rose five points to 50, according to the NAHB/Wells Fargo Housing Market Index (HMI)—marking the fifth consecutive month that builder confidence has increased, and is the first...
Read More »Builder Confidence Up Due to Lack of Existing Inventory
...to the NAHB/Wells Fargo Housing Market Index (HMI). This marks the fifth straight month that builder confidence has increased and is the first time that sentiment levels have reached the...
Read More »Mortgage Rates Slide for Second Straight Week
...limited resale inventory helped to increase demand in the new home market. Single-family builder confidence in April rose one point to 45, according to the NAHB/Wells Fargo Housing Market Index....
Read More »Overcoming Industry Headwinds
...Delgado to answer. With executive positions at Wells Fargo and Freddie Mac, Delgado has more than 25 years of experience in mortgage banking, and is recognized as a thought leader...
Read More »Housing Demand, Home Prices Remain More Resilient Than Anticipated
...permits, though the two series have converged modestly over the past two months. Multifamily permits fell 22.1% to a still-strong SAAR of 595,000. The National Association of Home Builders (NAHB)/Wells...
Read More »New Home Purchase Apps Rise YoY
...Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released. “For the fourth straight month, builder confidence has increased due to a lack of resale inventory despite elevated interest rates,” said...
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