Conventional Mortgages Riding High

NAHB economist David Logan has studied the most recent U.S. Census estimates on sources of financing for new home sales and finds that the share of mortgages financed through conventional products in the third quarter of 2016 rose to 74.1 percent, the highest level seen since 2008.

In contrast, cash sales accounted for the smallest portion they have since the second quarter of 2010. The portions financed with FHA and VA loans also declined, while the number of new homes sold fell 6 percent.

Click here to read more.

More than 300 Homes on 2024 Spring Parade of Homes

The Spring Parade of Homes, open April 27 through May 12, offers the opportunity to see one of the largest and most impressive displays of new homes in the country. Sponsored by Mike Bryant Heating & Cooling, the spring p...

Fox4 Interview Ruder on KCHBA’s KCMO Proposal

“The end result that we’ve gotten with the code having been adopted in the way that it was and our efforts to comply with it is a historic reduction in new housing starts in Kansas City, Missouri,” KCHBA Executive Vice ...

KCHBA Announces Proposal to Reignite Housing Starts in KCMO

According to A Vision for Housing: Solutions for Kansas City, the city has a goal of creating 10,000 new, low-income housing units by 2027. Yet housing starts have dropped significantly in KCMO, while they are on the rise mos...