Tag Archives: Builder/Developer

How Millennials Will Innovate New Home Construction

The expected entry of millennials1 into the housing market over the next decade presents opportunities for many of our homebuilding clients, and the innovations taking place are exciting. In my previous post on the millennial generation, I talked about the strong financial case renters are seeing for buying homes today. The lack of apartments and …Read more

CFPB Fact

The integrated mortgage disclosure rule from the CFPB affects much more than loan forms and consumer qualifications. Every third-party service provider a lender deals with must be able to comply with regulations – and if they can’t, the lender is held responsible for mistakes. To reduce that risk before the CFPB rule goes into effect …Read more

Tight Credit Continues to Take Its Toll on Housing Sales

The last normal housing market in the U.S. was 2001 to 2002. Then came the subprime-driven housing bubble when the only requirement to qualify for a loan was a pulse rate in some instances. Greed drove the get-rich-quick housing bubble, while loose credit was the water and fertilizer. We all admit that the level of …Read more

CFPB Fact

The Consumer Financial Protection Bureau (CFPB) was created to watch over the interests of American consumers in financial products and services of all kinds. On August 1, 2015, the bureau’s rule governing integrated disclosure forms for mortgage lending will go into effect – bringing a significant change to industry practices and standards. Are you prepared? …Read more

Another Top-10 List — Most First-Time Homebuyers Putting Less Than 14 Percent Down Payment With a Minimum 20 Percent Millennial Growth Rate

What has been missing – until now – in the housing market recovery are first-time homebuyers. Considerable research and prognostications have been done as to why the entry-level market has been so sluggish. Many believe that it has been caused by two primary factors. The first limiting factor has been the massive increase in mortgage …Read more