U.S. home builder confidence retreats despite lower mortgage rates – ET RealEstate

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Natasha Hayes – Real Estate Agent in Salem, OR – Reviews | Zillow U.S. home builder confidence retreats despite lower mortgage rates – ET RealEstate What this means is you could purchase a home for a lower price than you ever anticipated and have the money to fix it up, making it exactly what you want. In the end, it means that your.

 · Despite rising new home sales and an increase in building permits nationwide, home builder confidence slipped to a 9-month low in June. The monthly Housing Market Index from the National Association of Homebuilders registered 13 this month — three ticks lower than last month, and its lowest level since September 2010 .

Simply put, “the builder is giving the buydown for their benefit, not for your benefit,” said Tendayi Kapfidze, chief economist for LendingTree. Negotiating a builder buydown mortgage. A builder buydown mortgage can provide you with the funding and flexibility to purchase your dream home.

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Existing home sales rise, but prices still sinking. Aug 25: Sales by homeowners increased more than expected in July, as median prices fell 7% from July 2007. But supplies still rise to a record high, pushing prices even lower.

New Huddersfield housing development officially named best of its kind The site, named Empire Works, was officially titled west Yorkshire’s Best New Development, by LABC (local authority building Control) – the body which upholds quality standards in the building sector –

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Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking. Earlier this week, the National Association of Home Builders reported the Home Opportunity Index, a measure of home affordability, down to 73.8 for the second quarter of the year. This marks the metric’s first "down" quarter since the second quarter of.

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Sales of new U.S. homes hit a seasonally adjusted annual rate of 563,000 units in October. Sales data for November are due out next week. Through the first 10 months of this year, sales of new homes are 12.7 percent higher than in the same stretch last year.