Industry News

More mortgages issued in April than any month over past decade

Detroit officials: More mortgages issued in April than any month over past decade

Tom Oslund

hey say that spring is homebuying season. In Detroit, that’s certainly proving true.

According to data from the Multiple Listing Service, in April this year there were 140 mortgages issued in Detroit. In April 2018, there were 96.

That number exceeds any month since 2008, prior to the Great Recession.

A significant milestone was reached last year when over 1,000 mortgages ...

Why Good Customer Service Is Critical to Business Success

Why Good Customer Service Is Critical to Business Success

Tom Oslund

Although the remodeling and home building industry has had to adapt to 21st century technology, sometimes “old school” professionalism is the key to success.

NAHB’s May Remodeler of the Month, Don Wirtzberger, doesn’t use a website or social media presence to market his company, Sierra Design & Construction in Louisville, Ky. The company, which started in 2001, gains most of its...

55+ Housing Market Opens First Quarter with Record High

55+ Housing Market Opens First Quarter with Record High

Tom Oslund

Builder confidence in the single-family 55+ housing market continued to strengthen in the first quarter of 2019 with a reading of 72, up six points from the previous quarter, according to NAHB’s 55+ Housing Market Index (HMI) released today. This is the highest reading since the inception of the index in 2008.

The 55+ HMI measures two segments of the 55+ housing market: single-family...

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