I was talking with the good people from Shea homes the other day and they find themselves in an interesting predicament. I am sure a lot of home builders find themselves in the exact same situation these days. You see, Shea has people walking through their models in Back Country everyday that would love to buy a new home there BUT…they have a home to sell.

On August 16th, I wrote a column entitled, “A Shortage of Homes”. In it, I wrote about a lack of quality homes for sale at $250,000 and below. I attributed this to the inventory statistics from Metrolist, plus the knowledge of knowing many homes builders that either have gone out of business or who have [...]

In response to a suit over the Real Estate Settlement Procedures Act (RESPA) by the National Association of Home Builders, Housing and Urban Development has delayed implementation of a controversial rule change for 90 days until April 16.
The new rule would have barred home builders from offering incentives to buyers when they agree to use [...]