Housing starts have fallen significantly according to a Census Bureau report on new residential construction. Experts parse through the numbers and explain the correlation of the dip with the recent hurricanes.
Read More »
New residential sales statistics came out Tuesday from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. According to the National Association of Realtors (NAR), the drop in new home sales for April could be worrisome for first time and low-income homebuyers as inventory shortage is likely to cause the price of new homes to rise more than it has previously. As it stands, newcomers to home buying will continue to face financial and availability challenges.
Read More »
theMReport.com Your trusted source for mortgage banking news
