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Top related persons:
Tawn Kelley - 1 homebuilder Taylor Morrison - 1 Kelley - 1 Taylor Morrison - 1 Devyn Bachman - 1 John Burns - 1 Taylor Morrison's - 1 it's - 1
Top related locs:
homebuying homebuilding
Top related orgs:
National Association of Realtors - 1 Census - 1 Finance - 1

Search resuls for: "Devyn Bachman"


3 mentions found


☆ A top homebuilder executive breaks down the secrets to getting a 4.8% mortgage in an era of 8% rates
  + stars: | 2023-10-30 | by ( Alex Nicoll | Read More | Read Less | ) www.businessinsider.com   time to read: +8 min
Rising interest rates have slammed the breaks on America's housing market, with home sales down 15.4% year-over-year in September, according to the National Association of Realtors. By controlling the financing, they can offer yesterday's mortgage rates, saving customers tens of thousands of dollars and moving inventory in the process. Tawn Kelley, president of financial services at homebuilder Taylor Morrison, told Insider that financing is an essential part of the home-selling puzzle. Then, there are forward commitments, another way to prepay interest rates that allows a homebuilder to pay down more of it. There are also float downs, which allow purchasers who lock in a mortgage price to reduce their interest rates if mortgage rates get smaller over the course of their mortgage lock.
Persons: Tawn Kelley, homebuilder Taylor Morrison, Kelley, Taylor Morrison, Devyn Bachman, John Burns, Taylor Morrison's, it's, they've, homebuyers, Kurt Carlton Organizations: National Association of Realtors, Census, Finance Locations: homebuying, homebuilding
☆ 2008-level home-price declines are coming for some areas, one of Wall Street's top housing advisors now says
  + stars: | 2022-10-27 | by ( James Rodriguez | ) www.businessinsider.com   time to read: +5 min
John Burns Real Estate Consulting expects price drops of 20% or more for certain housing markets. Higher mortgage rates have wrecked demand for homes, but the firm says prices are still too high. Devyn Bachman, the senior vice president of research for John Burns, told Insider she had begun to expect "GFC-like pricing declines in certain markets." A survey conducted by John Burns last month found roughly 18% of homebuilders were already reporting year-over-year net home-price declines. "It's going to be a challenging one to two years for anyone involved in housing," Bachman said.
☆ The biggest dilemma for homeowners right now: Should I sell or rent my home in 2022?
  + stars: | 2022-09-08 | by ( James Rodriguez | ) www.businessinsider.com   time to read: +7 min
More owners are now wrestling with the question of whether to sell their home or rent it out. Sellers in today's housing market face a nagging question: Should I just rent out my home instead? He told Insider he's now debating whether to sell or rent out his property. Some property managers are preparing for more homeowners to choose to rent out their homes rather than sell. "As we move into fall here, and more and more properties continue to hit the market, the market becomes weaker and weaker," Linnemann said.
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