Home Builder Optimism Rises 2nd Straight Month

Home builder sentiment rose by seven points in February, the National Association of Home Builders said Wednesday, to its highest levels since September and signaling optimism going into the spring home buying season.

November New Home Purchase Mortgage Applications Up 1%

The Mortgage Bankers Association’s November Builder Applications Survey reported mortgage applications for new home purchases rose by 1percent from October, but fell by 25.2 percent from a year ago.

November New Home Purchase Mortgage Applications Up 1%

The Mortgage Bankers Association’s November Builder Applications Survey reported mortgage applications for new home purchases rose by 1percent from October, but fell by 25.2 percent from a year ago.

Record-High 3Q Homes for Sale New Construction

Redfin, Seattle, reported new construction took up a record percentage of housing inventory in the third quarter, partly filling a gap left by hesitant existing homeowners as the housing market slows.