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The state lost almost 48,000 people by mid-2022 from two years before, according to Census Bureau estimates, spurring concern about outmigration that will curb long-term economic growth.
May 12 -
The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.
June 16 -
The company is buying a homebuilder finance portfolio with $47 million in loans and $80 million in commitments.
February 24 -
A number of banks have stepped up efforts to lend to residential developers, though they are mindful of missteps made before the financial crisis.
August 20 -
Umpqua Bank has hired veteran lender Tom Farrell to help it grow its homebuilder finance group in California.
June 5 -
A House Republican tax proposal that infuriated housing groups and sent homebuilder stocks sliding would only have a modest impact on the market for new homes and could end up being a net positive for the industry, according to Keefe, Bruyette & Woods analysts.
November 3 -
While the House disaster relief bill would provide $16 billion in debt relief for the National Flood Insurance Program, it does not include a Trump administration proposal to ban new construction in flood-prone areas.
October 12 -
For the first time in a decade, new-owner households created in the first quarter were higher than the creation of renter households.
June 2 -
A new tariff on Canadian lumber threatens to further disrupt homebuilding at a time when lenders are increasingly concerned about a purchase mortgage resurgence that has failed to materialize.
June 1 -
Homebuilders looking for single-family construction loans may have better luck with small and midsize banks than larger ones, according to a report by the National Association of Home Builders.
April 18