NewHomes

30-year homebuilding executive, now sending industry news to a new generation of buyers

[NewHomes @NewHomes]

@ted_ryce LABS

[NewHomes @NewHomes]

@SpaceX @elonmusk Did the launch go OK this morning? This unusual contrail pattern stood out.

[NewHomes @NewHomes]

Google AI thinks there is a full slate of college football games tonight, Tuesday September 9. Showing off their failure in AI for all the world to see. Click the image for the whole screenshot.

[NewHomes @NewHomes]

AWOL Overland Adventure Sweepstakes #giveaway #win https://t.co/bcx9ARpGZu

Great Mountain Bike Package!

[NewHomes @NewHomes]

@elonmusk How do I upload the discs? I’m super interested in this because I had 3 radiologists read one scan and each came up with different answers.

[NewHomes @NewHomes]

@POTUS I’ve seen this time and time again. Build low income houses and they get flipped at market prices to make big profits off the government handout. It never works. Try lowering mortgage rates. Oh wait… rate inflation killed buyers due to higher rated.

[NewHomes @NewHomes]

@FanStreamJP This is about MONEY and nothing else. City and County are kicking in sizable tax dollars. Stu’s group gets big bucks from redevelopment of the site. Stu makes a bundle. Then sells the team and new owners start complaining about the stadium. It happens everywhere.

[NewHomes @NewHomes]

@FlyTPA A nonstop to Rome Italy (not to be confused with Rome GA) would be worth an up-charge. Same with Athens Greece and Paris France. I don’t find Spain difficult to reach since Delta has nonstop service from Atlanta. IMHO.

[NewHomes @NewHomes]

Time to stop going to @Disney
Cut off my @FloridaGators TV broadcast because you are fighting over money with Spectrum? REALLY?!? This is bush-league bully tactics. I hate to say it but maybe @GovDeSantis is right. Disney is greedy. We’re going to @UniversalORL instead.

[NewHomes @NewHomes]

If you are considering refinancing, apply now to lender of your choice. It won't get cheaper in the next 5 years.

[NewHomes @NewHomes]

Time to get your mortgage rates locked in! Fed is raising its discount rate in Dec. Mortgage rates will jump .5 to .75 right after the move.

[NewHomes @NewHomes]

The key for you on rates is "What are the total costs?" Lower rates may have higher costs. There is no "one-size-fits-all" in a mortgage.

[NewHomes @NewHomes]

What mortgage rate should you be getting today? US Avg. is 4.16% for 30 yr; 3.25% for 15 year; 3.35% for 5/1 ARM. Rates change daily.

[NewHomes @NewHomes]

More coming on this in October.

[NewHomes @NewHomes]

Are you more likely to buy a new home if you need $0 down or 5% down? Significant question because new US Regs may make the decision for you

[NewHomes @NewHomes]

Just returned from meetings where new home financing rules were discussed. Will share details when the changes firm up. Restarting my tweets

[NewHomes @NewHomes]

San Antonio homebuyers: you should be buying now thru Oct. Prices will start back up in the fall.

[NewHomes @NewHomes]

DFW housing still a concern. Lots of repos still to come on the market. Prices are right, but they may fall a little more.

[NewHomes @NewHomes]

Looked at Texas data last nite. Prices already starting back up in Austin. Need to buy now before prices and mortgage rates go up in Austin.

[NewHomes @NewHomes]

Just finished analyzing data in Florida this weekend. It will take 3 years to absorb the repos coming down the line. Hold off buying in FL.