Industry News

Are you a homeowner seeking forbearance on your mortgage? Watch out for these red flags

Are you a homeowner seeking forbearance on your mortgage? Watch out for these red flags

Tom Oslund

Homeowners are asking for breaks on their mortgage payments in droves, as millions of Americans face the prospect of unemployment or reduced income because of the coronanvirus pandemic. But requesting forbearance on your mortgage isn’t foolproof.

The CARES Act stimulus package requires servicers to provide forbearance — a temporary postponement of payments — to any homeowner with a...

New Home Sales Remain Stable in September

Tom Oslund

Sales of newly built, single-family homes decreased 0.7% to a seasonally adjusted annual rate of 701,000 units in September off a downwardly revised reading in August, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, new home sales for 2019 are 7.2% higher than the same period in 2018.

“New home...

6 Traits Customers Look for in a Home Builder

6 Traits Customers Look for in a Home Builder

Tom Oslund

When it comes to hiring a building contractor, customers want to feel confident they have picked the right one … after all, they are about to entrust the builder with their home. They want to choose someone who is dependable, affordable and effective at making their dream home renovation or build out a reality. So, what traits are customers looking for? Here are six that customers look for...

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