Author Archives: Daniel Houston

Lumber prices see stable week after falling to normal levels

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Construction costs remain high. But one of the biggest headaches for builders — obtaining lumber at a steady price — may be normalizing. Continue reading →

Maryland-based Keller Williams firm adds exec with luxury cred

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Lesli Akers, a former president of KW Luxury Homes International, will serve as the strategic growth officer for Lucido Global, the company announced last week on social media. Continue reading →

What do fast-cooling markets have in common? These 5 offer a hint

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In some of the nation’s most quickly slowing housing markets, the number of new listings is twice the number of recent sales, according to an analysis by SmartAsset. Continue reading →

Real estate jobs hold strong even as sales slip, summer ends

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Real estate hiring bucked seasonal expectations for September, reflecting steady payrolls despite a weakening sales environment, according to new data from the U.S. Bureau of Labor Statistics. Continue reading →

Not just a coastal thing: 7 inland cities most altered by remote work

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Some cities have seen work-from-home policies persist well beyond the pandemic’s first year. See the places most transformed by remote work, according to the Economic Innovation Group. Continue reading →

The most advantageous time to buy a home is right now, new data shows

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The housing market’s summer rush may have lessened the impact of a deep drop in demand, according to new data from Attom. But what will happen in the historically slow months of fall? Continue reading →

Homebuyers, lenders increasingly wise to flood risk: Zillow

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Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding. Continue reading →

In 3 months, spending on new home construction fell by 9%

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August numbers show spending on new single-family homes dropped to a seasonally adjusted annual rate of $436 billion, a 2.9 percent fall from July, according to U.S. Census Bureau data released Monday. Continue reading →

Knock on wood: Cost of lumber drops back to pre-pandemic levels

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Lumber futures have fallen back to where they were before the pandemic ignited a boom in housing and stretched supply chains to the limit, according to data compiled by Nasdaq. Continue reading →