Montgomery’s Lake Creek Ranch Residential Community Set to Open Model Home in March

Montgomery’s Lake Creek Ranch Residential Community Set to Open Model Home in March The community, located south of Lake Conroe, will feature 50 homes on 1.5-acre lots, with lot sales having already begun. Home and land packages start in the mid-$800,000s and go up in price from there. Read More Community Impact https://communityimpact.com/houston/conroe-montgomery/development/2024/02/12/montgomerys-lake-creek-ranch-residential-community-set-to-open-model-home-in-march/

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Toll Brothers Announces New Luxury Home Community Coming Soon to Smyrna, Georgia

Toll Brothers Announces New Luxury Home Community Coming Soon to Smyrna, Georgia Rowan Walk will be comprised of three collections of meticulously designed townhomes and single-family residences. The Birch and Maple Collections will offer three-story townhomes ranging… Read More GlobeNewswire https://www.globenewswire.com/news-release/2024/02/13/2828601/0/en/Toll-Brothers-Announces-New-Luxury-Home-Community-Coming-Soon-to-Smyrna-Georgia.html

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The NRP Group Breaks Ground on Fully Affordable Housing Community in Albany County, New York

The NRP Group Breaks Ground on Fully Affordable Housing Community in Albany County, New York Selkirk Reserve is NRP’s second affordable housing project in the capital region, furthering its commitment to providing accessible housing to local families and individuals. Read More Businesswire https://www.businesswire.com/news/home/20240212505219/en/The-NRP-Group-Breaks-Ground-on-Fully-Affordable-Housing-Community-in-Albany-County-New-York

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Century Communities Announces Three New Communities Now Available in Northern Colorado

Century Communities Announces Three New Communities Now Available in Northern Colorado Century Communities announced that three highly anticipated new communities are now selling a lineup of single-family homes in Northern Colorado: Timnath Lakes, Red Barn Meadows and Prairie Song. Read More Yahoo! Finance https://finance.yahoo.com/news/century-communities-announces-three-communities-231200217.html

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Design Community Survey Reveals What’s Trending for Home Office

Design Community Survey Reveals What’s Trending for Home Office With more than 36 million U.S. residents expected to work from home by 2025, there’s an ongoing emphasis on home offices and how to make them more efficient and more stylish. Read More Furniture Today https://www.furnituretoday.com/research-and-analysis/design-community-survey-reveals-whats-trending-for-home-office/

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Homeowners Today Stay in Their Homes Twice As Long As They Did in 2005

Homeowners Today Stay in Their Homes Twice As Long As They Did in 2005 Homeowners are staying put longer than they were in the early aughts. That’s largely because older Americans are aging in place and it’s difficult to find and afford houses, but partly because it was… Read More Redfin https://www.redfin.com/news/homeowner-tenure-2023/

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Is the U.S. Mortgage Market Set To Surge?

Is the U.S. Mortgage Market Set To Surge? Americans’ positivity on the economy jumped to its highest level for two and a half years in January, according to polling reported by the University of Michigan, as all ages and income groups across… Read More Mortgage Professional America https://www.mpamag.com/us/mortgage-industry/industry-trends/is-the-us-mortgage-market-set-to-surge/476886

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House Prices Reach a New Peak, But Not Everywhere

By Mark Fleming In November 2023, the Real House Price Index (RHPI) leaped 11 percent on an annual basis. Affordability improved modestly on a monthly basis, as mortgage rates fell from the previous month. Two factors drove the sharp annual decline in affordability – a 7.7 percent annual increase in nominal house prices, according to our First American Data & Analytics House Price Index, and a 0.6 percentage point increase in the 30-year, fixed mortgage rate compared with one year ago. For home buyers, holding prices constant, the only way to…

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