Many people successfully purchase homes while still carrying student debt. What matters most isn't whether you have debt, it's how well you manage it.
The Homekey project at 1237 San Antonio Road has been in the works since fall 2023, when city and state leaders touted its importance in addressing the local and regional housing crisis.
When we saw this home - with its east-west exposures and windows that could be seen on both sides - we were immediately sold. It was the third house we looked at, and we were so lucky the owner accepted our offer. It was a very competitive moment for home sales in the neighborhood, and the fact we were able to make it happen felt like a dream.
BHI provided a $167 million construction loan to Yellowstone Real Estate Investments for the conversion of the Candler Building into a 176-unit residential tower with retail space, totaling $203 million in financing.
JPMorgan Chase's origination volume hit $13.7 billion in the first quarter, down 14% from the prior quarter and up 46% from the same period last year. Retail channels drove most of the production, accounting for 63.5% of the total. The bank's home lending revenues reached $1.23 billion in the first quarter, up 2% year over year.
Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
