WASHINGTON, Oct. 19 – With the expiration date for an important home buyer incentive approaching, builder confidence in the market for newly built, single-family homes slipped one point to 18 in October, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
“It comes as no surprise that after trending upward from [...]

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More and more builders are crying foul as appraisers are continuing to use distressed and foreclosed properties as comps. This has resulted in lost sales and stalled many projects.  An additional concern is the impact of the recently implemented Fannie Mae and Freddie Mac Home Valuation Code of Conduct. This has resulted in increased use [...]

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