Are mortgage buydowns a lifeline or a risk for new homebuyers?
Large builders’ mortgage buydowns make new homes more accessible but may artificially inflate prices. There’s an open debate regarding the long-term impact for buyers.
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New home price premium hits record low
Monthly payments for new and existing homes are nearly equal due to builder incentives and stagnating prices. New home buyers saw lower rates and down payments in Q3.
Can this immersive technology replace model homes?
AR Homes launched its first AR Theatre in Port St. Lucie, offering buyers a 360-degree virtual model home experience with interactive floor plans and finishes.
Beazer Homes shifts to move-up buyers, bets on energy efficiency
Facing lower margins, Beazer Homes is betting on move-up buyers, more favorable pricing with contractors, and zero-energy-ready homes to improve profitability over the next year.
PulteGroup expands into Cincinnati market
Cincinnati offers affordability and steady price growth, prompting PulteGroup to grow Ohio operations.
What Realtors really think about working with builders
New research shows Realtors see potential with builders despite frustrations over compensation and communication.
Clayton debuts CrossMod manufactured homes at HUD showcase
The featured model — called the Cypress and expected to cost roughly $200,000 — is 990 square feet with two bedrooms and two bathrooms.
Click n’ Close pairs 5/1 ARM with down payment assistance for new homes
The program — called the SmartBuy 5/1 ARM Down Payment Assistance product — offers a first mortgage alongside a repayable second mortgage.
Michigan cities, lawmakers seek $800M for housing incentives
The program would provide up to $100,000 for new housing construction or up to $30,000 for repairs covering as much as 30% of costs.
Arizona homebuilders challenge groundwater restrictions
Developers and regulators are locked in a deepening dispute over how to manage the state’s finite water supplies.