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First-Time Buyers Are Choosing Conventional Over FHA Financing

Pro Builder

First-Time Buyers Are Choosing Conventional Over FHA Financing. Just 24% of first-time buyers went with an FHA loan in January while 59% of first-time buyers obtained conventional financing, reports the National Association of Realtors. In 2020, 57% of first-time buyers chose conventional financing—a 5% jump from 2019.

Finance 100
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An In-Depth Analysis of 2020’s Buyers and Sellers

Pro Builder

An In-Depth Analysis of 2020’s Buyers and Sellers. Fri, 12/18/2020 - 09:23. The National Association of Realtors’ annual Profile of Home Buyers and Sellers survey identified characteristics of both homebuyers and homes purchased, financing, selling experiences, and general profiles before and after COVID-19. cbroderick.

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Single-Family Rent Growth Backed by Over $50 Billion in Capital

Pro Builder

From 2020 to the start of 2022, capital announcements chasing single-family rent growth have risen from $3 billion to over $50 billion, which translates to 125,000 homes at the current resale value of roughly $400,000, John Burns Real Estate Consulting reports. Housing Policy + Finance. Housing Policy + Finance. Financials.

Debt 52
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Climbing Mortgage Rates Add $33,000 to Average Loan

Pro Builder

This marks the seventh consecutive week mortgage rates have climbed, now reaching the highest level since June 2020. Many first-time buyers are finding it impossible to compete against repeat buyers with considerable equity from their prior home or all-cash institutional investors willing to waive all contingencies,” Ratiu said.

Finance 52
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Insight Into Trumark’s Growth Strategy and Daiwa Partnership

Pro Builder

Thu, 05/28/2020 - 14:00. Trumark's co-founders discuss Daiwa House Group's equity interest in their business and the ways in which the two companies align . This is a longer version of an interview that appeared in the May/June 2020 issue of Pro Builder magazine. . Insight Into Trumark’s Growth Strategy and Daiwa Partnership.

Equity 84
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Margaret Whelan on How Capital Is Fueling Innovation

Pro Builder

Mon, 11/30/2020 - 06:00. This is a longer version of an article that appeared in the November/December 2020 issue of Pro Builder. This is a longer version of an article that appeared in the November/December 2020 issue of Pro Builder. Margaret Whelan on How Capital Is Fueling Innovation. Mike Beirne, Senior Editor.

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Building A Home On A Budget – 4 Tips To Suggest For Potential Buyers

Pro Builder

Wed, 10/21/2020 - 06:00. And ultimately, the best way for many buyers to get past this early hurdle (and get payments underway to you and your company) is to finance early expenses with a loan.??. A loan can sound like little more than a way to delay payments, and many might associate property-related loans with losses of home equity.