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Small Signs of Recovery for Home Builders

Posted by GO Mortgage Team on 5/8/20 3:43 PM

The global coronavirus pandemic, which inspired a national lockdown several weeks ago, is expected to continue having an impact on the economy long after it ceases to become a national threat.

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Topics: builder, building a new house, housing market, COVID-19, coronavirus

New Construction Not Keeping Up With Demand

Posted by GO Mortgage Team on 12/11/19 1:24 PM

There is a disconnect between where homebuilders are building and where millennials want to live. NAHB predicts in their 2019 third quarter Home Building Geography Index (HBGI) that in the coming decade, 67 % of all millennials will be living in counties where housing construction has lagged.

 

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Topics: Construction Loans, millennials, building a new house

Find the Right Builder for Your Dream Home

Posted by GO Mortgage Team on 4/19/19 3:45 PM

As mortgage rates remain relatively low, and with tight inventory on moderately priced homes, now is the time to think about building your dream home.

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Topics: builder, building a new house, mortgage loans, single close construction loan

Building Dreams

Posted by GO Mortgage Team on 12/14/18 1:46 PM

According to the National Association of Realtors (NAR), thirty percent of people born between 1980 and 2000 are buying homes for $300,000 and above this year, skipping the starter home and purchasing their dream home as their first home.

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Topics: Construction Loans, building a new house, new home, single close construction loan

Thinking About Building Your Dream Home But Not Sure Where To Start?

Posted by GO Mortgage Team on 11/2/18 11:31 AM

Building a new home involves lots of moving parts. It may seem like a daunting task but with a strong home loan advisor to walk you through the process, it can be less overwhelming.

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Topics: building a new house, single close construction loan

Don't Look for your Dream Home.  Build It!

Posted by GO Mortgage Team on 9/14/18 9:53 AM

Existing home sales slipped 0.7 percent in July according to the National Association of  Realtors (NAR)  but moderately-priced properties are still being snatched up quickly by buyers.  If you are still having trouble finding your dream home, maybe it’s time to think about building your dream home. 

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Topics: Construction Loans, building a new house, new home, single close construction loan

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