Topic: New Multifamily Housing Construction
Fannie Mae relaxes Florida condo standards
AP News
Fannie Mae to review hundreds of Florida condo projects, approve more loans for buyersFannie Mae is seeking to prop up Florida's ravaged real estate market by reviewing hundreds of condo projects in the state that currently don't qualify for its loans. The mortgage finance company said Thursday that ...
Shares of homebuilders climb on housing reports
AP News
Shares of homebuilders climb as housing starts, mortgage application volume see an uptickShares of homebuilders climbed Wednesday after reports showed an uptick in home construction and mortgage application volume. Construction of new homes and apartments rose 8.9 percent in November to a seasonally adjusted annual rate of 574,000 ...
Condo rules could shut out buyers, hit builders
AP News
Federal Housing Administration's condo financing rules already scuttling projectsNew lending rules for condominium buyers are already forcing some developers to change or scrap plans for new projects for fear too many buyers will be shut out. On Monday, the Federal Housing Administration started limiting the number of buyers in ...
Toll shares rise as Q4 net contracts up 42 percent
Reuters US Online Report Business News
SEATTLE (Reuters) - The slump in the housing market ended around March, and while there is improvement, it will be slow and fitful, U.S. luxury homebuilder Toll Brothers Inc's <TOL.N> Chief Executive Robert Toll said on Wednesday. The housing market slump, "we now believe, ended approximately ...
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