Continuing effort to help strengthen FHA’s Mutual Mortgage Insurance Fund WASHINGTON – As part of a broad effort to strengthen the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund (MMI Fund), FHA Commissioner Carol Galante announced a series of changes to be issued that will allow the agency to better manage risk and further strengthen
Due to strong demand and limited supply of both new and resale houses, home prices could rise by as much as 10% in 2013. Net job growth may push this number even higher. According to a recent report by Metrostudy, a national housing intelligence and consulting firm that maintains the most extensive primary database on
One of the major causes for the recent real estate crash, just like the S&L debacle in the late 80’s, were bad projects/loans made without accurate information showing whether a project could succeed. It is critical as we begin to pull out of the deepest recession in our history that we are strategic and objective
The number of homes listed for sale, which stood at an 11-year low at the end of last year, fell even further in January, according to a report released Thursday. There were just 1.48 million homes listed for sale at the end of January, down by 5.6% from December and by 16.5% from one year
These Five Integrated set of Choices are needed to ensure your Overall Business Strategy is Clear to your team so everyone is pulling in the same direction. Focusing on a one page answer to each of these questions for your company begins to set you apart. What is your winning aspiration? Where will you play?
Enhancing your profitability can be achieved by choosing the right Optional Features List for your customers to select from. Think through your options pricing prior to commencing construction on your homes. Ensure your sales program is set up to take advantage of this opportunity. Luxury Upgrades That’ll Cost Extra It’s the Little Things Buying a
The goals for each homebuilding entity, investor and developer should be that you are objective in your market analysis, and you have a sound realistic business model. This is accomplished by having THE RIGHT PRODUCT THE RIGHT PRICING THE RIGHT PLACE THE RIGHT PROMOTION (YOUR BRANDING ) AND…… THE RIGHT STRATEGIC ALLIANCES (YOUR PEOPLE) ……..
|The Atlanta region has more finished lots than anywhere else in the U.S. Currently there are about 136,000 finished lots spread out across the Atlanta MSA and at today’s absorption pace, it will take about 18 years before these lots are used up. So why are builders having such a difficult time finding lots to
While the sluggish U.S. economy crept upward in 2012, the housing market improved at a much faster rate than anyone expected. Total home sales increased 6.3 percent in 2012, the largest increase since 2006. Overall, 4.2 million homes sold – inching closer to the average of 5.5 million a year the country experienced before the
Five years and 16 million foreclosures after the 2008 housing crash, most Americans have not lost faith in real estate. In a survey this summer of more than 2,000 adults by home buyer website Trulia, 61 percent of respondents predicted that prices in their local market would rise next year, 58 percent thought prices would