Existing home sales show 4 months of year-over-year growth
Existing home sales posted another positive year-over-year print in October, marking the 4th straight month of year-over-year growth. Earlier in the year, I predicted that existing home sales would perform better than expected amid elevated mortgage rates. Since we were working with some of the lowe
DRB Homes launches for-sale housing at Charleston Navy Yard
When South Carolina’s Charleston Naval Shipyard closed in 1996, the decision led to significant job losses and economic shock for the local community. North Charleston spent years crafting redevelopment plans for the 2,800-acre site and its collection of historic buildings. Now, the city is seeing s
If we built the mortgage market from scratch, what would it look like?
A system designed for purposeEvery mortgage market is patchwork. Rules, products, and features exist because of past events, a crisis, a policy choice, or a market failure. The result is a structure that reflects history more than design. That doesn’t make it bad, but it does mean we carry baggage t
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