Potential Changes in Economic Policy and Their Hypothetical Impact on Luxury Housing Market
Now that President Biden’s administration is underway, the luxury housing market is watching for signals that new economic policies are coming; many of the potential changes would have a direct impact on the marke...
Read Full PostMORTGAGE RATES INCREASE FOR FOURTH TIME IN SIX WEEKS, MORTGAGE APPLICATIONS SLOW DOWN, BUT HOUSING MARKET STILL RED HOT
Last week, according to the Mortgage Bankers Association (“MBA”), applications for new homes dropped by roughly 5% from the prior week. Simultaneously, the average loan reached a 30-year high; the average loan c...
Read Full PostHousing Market Remains Strong, but Builders Cash in During the 4th Quarter of 2020
On February 10, 2021 Taylor Morrison, the country’s 5th largest home building company, reported their Q4 2020 revenue was $1.6B – 6% growth from Q4 2019. Moreover, Q4 2020 sales orders had increased by 46% from ...
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