Entries by Toby Tobin

FHA Loans To Boost Affordable Housing Development

Under SBRS, new private-sector lenders can partner with FHA to provide long-term fixed-rate lending products to multifamily property owners. It applies to mortgages of $3 million, and up to $5 million WASHINGTON – July 21, 2015 – The Federal Housing Administration (FHA) published guidance on its new Small Buildings Risk Sharing (SBRS) Initiative. Under SBRS, […]

Builder confidence at highest level since Nov. 2005

Builder confidence in the newly built, single-family home market hit a level of 60 in July – its highest level since November 2005. WASHINGTON – July 20, 2015 – Builder confidence in the newly built, single-family home market hit a level of 60 in July – its highest level since November 2005. According to the […]

How Have New Homes Changed Over Past Two Decades?

More bedrooms, more baths, more air conditioning and it’s a lot more expensive. Check out this infographic. PALM COAST, FL – July 17, 2015 – What has twenty years done to the new home market? Today’s new homes have more bedrooms, more bathrooms, more outdoor features, but fewer fireplaces. And they are a lot more […]

Hurricane Season Tip: Prepare Your Finances Too

The 2015 hurricane season is now underway, and while Floridians have so far remained storm-free, natural disasters can strike at anytime – some without warning. TALLAHASSEE, FL – July 16, 2015 –  The 2015 hurricane season is now underway, and while Floridians have so far remained storm-free, natural disasters can strike at anytime – some without […]

Economic and Forecast Update – July 1, 2015

NAR Chief Economist Lawrence Yun’s updated look at national economic and housing market expectations for the rest of 2015 and the kickoff of 2016. PALM COAST, FL – July 16, 2015 – Here's a just-the-facts summary of NAR Chief Economist Lawrence Yun's updated look at national economic and market expectations for the rest of 2015 and the kickoff […]

Survey: First-timers and Hispanics Ready To Buy Homes

New research released by TD Bank indicates that nearly one-in-five potential first-time homebuyers are actively looking; nearly two-thirds would like to provide a sizable downpayment of 20 % or more. CHERRY HILL, N.J. – July 15, 2015 – In the recent past, many first-time homebuyers shied away from the market due to debt and stagnant […]