Why Do Some Developments Have Silly Names?
Why does Golfview Harbour have no golf, no view and no harbor? And Hollywood Hills has no hills? Why can’t you go hunting in Woodfield Hunt Club?
NAHB: Jan. New-Home Sales Lower but ‘Still Solid’
New-home sales dropped 4.5% in Jan., but builders say demand remains strong. They blame supply-chain issues that increase costs and slow construction time.
CFPB Wants to Remove Bias in Algorithm Appraisals
An automatic appraisal that uses historical data can simply mirror existing discrimination, says the national consumer agency, now reviewing loan algorithms.
Housing Test: Is it Harder on Buyers or Renters?
A CoStar analysis found rising rents across the Sun Belt with Orlando topping the list (up 24.3%), followed closely by Tampa (up 24%).
Fla. Builders Can’t Keep Up with New-Home Demand
Some buyers camp out overnight to be first in line when a new-home development debuts, and a new Westlake community with 4,500 lots says it’s still not enough.
Mortgage Rates Drop a Bit this Week, Average 3.89%
A number of economic indicators suggest higher mortgage rates, but competition from refinancing homeowners also declined after rates rose to almost 4%.