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Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
The Mortgage Bankers Association (MBA) is projecting a decline in new home sales for January. Based on data collected from its Builder Application Survey (BAS), it estimates that sales of newly constructed single-family homes were at a seasonally adjusted annual rate of 821,000 units, a decrease of 7.4 percent from the December rate of 887,000 units. On an unadjusted basis there were an estimated 66,000 homes sold during the month, 10 percent more than the 60,000 sales the prior month.
The BAS found applications for mortgages to purchase new homes were down 12.5 percent compared to January 2021 but were 10 percent higher than in December. Those numbers do not contain any adjustment for seasonal patterns.
“Purchase applications for new homes fell on an annual basis in January, but