Bchomeloans

f you are ready to move from a high-interest construction loan to a lower-interest loan (or traditional
mortgage), give us a call. We'll shop rates to find you the best, most customized deal for your new
customized home sweet home.

New Home Sales, which measures signed contracts on new homes, were up 1.6% in December, which was slightly lower than expectations. Sales are still up over 15% year over year. Inventory went from being down 13% year over year to down 6%, likely due to some of the new supply we have been seeing in the Housing Starts reports. Homes that have been sold but not started are up 33% year over year. The median home price was reported at $355,900, up 8% year over year.