Items Tagged with 'Builder Application Survey'

ARTICLES

  • MBA: Housing shortage boosts demand for new home purchases

    Demand to increase typical fall and winter trend
    The demand from consumers who are looking to buy an existing home is spilling over into new home purchases, according to a new report from the Mortgage Bankers Association. The MBA’s latest Builder Applications Survey tracks the current homebuilder trends across the country. Here's what the association expects to see moving into the second half of the year.
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  • MBA: Mortgage apps for new home purchases jump to record high

    Developers bringing new product to supplement low inventory of existing homes
    The Mortgage Bankers Association’s weekly mortgage application report may be posting lackluster results, but its Builder Application Survey definitely isn’t. Mortgage applications for new home purchases are significantly rising, which is welcome news for homebuyers given the extreme shortage of housing inventory available.
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  • MBA: New home sales rise 12% in November

    But is it enough?
    Mortgage applications for new homes increased in November thanks to continued improvements in the overall economy and job growth. However, there’s still a lot of room for growth. Lynn Fisher, MBA’s vice president of research and economics, explains what’s ahead for housing.
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  • MBA: New home sales surge in August

    Reached highest level since survey started
    August turned out to be a strong month for new home sales. According to the latest Mortgage Bankers Association’s Builder Applications Survey, new home sales surged to the highest level observed since the survey began in 2012.
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  • MBA: New home purchases soared in January

    Estimate surpassed expectations
    Even though new home purchases dropped 6% in December, for the month of January, the Mortgage Bankers Association’s Builder Application Survey shows mortgage applications for new home purchases increased by 14%.
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  • MBA: New home purchases fall 6% in November

    Highest November reading since 2012
    Despite posting a 6% decline, mortgage applications for new home purchases still came in better than expected considering the time of year. In fact, this is the highest November reading since the index began in 2012.
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