The home mortgage market improved last quarter as demand increased and many banks eased their lending standards for the most creditworthy borrowers, the Federal Reserve said Monday. Banks also loosened lending criteria for a variety of other consumer and business loans as the economy improved and demand picked up. “The July survey results showed a
What do FICO Changes Mean for Consumers?
There are changes coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers. Banks, credit card issuers, auto lenders and other businesses use those scores to decide whether to lend to consumers and how much interest to charge them. A higher score could get you better terms on
Metro Atlanta housing market surges in Q3
IN THE RIGHT LOCATIONS WITH THE RIGHT PRODUCT AND PRICING THE SALES PACE CONTINUES TO RISE. MUSIC TO OUR EARS. Atlanta’s new home starts spiked 76 percent annually and closings jumped 37 percent in the third quarter. Metro Atlanta’s housing market performed quite nicely in the third quarter, according to national housing information and consulting
ALL REAL ESTATE MARKET STUDIES ARE NOT CREATED EQUAL
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
OPTIONAL FEATURES – SIGNIFICANT BUILDER PROFITS –
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
ATLANTA HOUSING MARKET IS ON THE RISE
(Atlanta, GA – February 6, 2013) 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
BEST MARKET FOR NEWLY BUILT HOMES SINCE THE BOOM
Confidence among U.S. homebuilders inched up this month, to the highest level in more than six and a half years, as builders reported the best market for newly built homes since the housing boom. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday increased 2 points to 47 from a revised 45