Hidden costs loom large for buyers in the first year of homeownership, and, surprisingly, that can be even more true with a new build, according to the National Association of Homebuilders. Continue reading
The share of homeowners who sold to an iBuyer declined in the opening months of 2022, as Zillow continued its exit from the business. Continue reading
It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey. Continue reading
More than 100 housing experts surveyed by Zillow generally agreed that housing prices won’t face a big downturn. But a mild recession may be in play later this year or in 2023, they believe. Continue reading
More than $3.9 billion in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80 percent of that amount was forgiven. Continue reading
Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures. Continue reading
A real estate LLC operated by David Tepper, the richest owner of an NFL team, filed for Chapter 11 after an $800 million project fell through. Continue reading
The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading
The price of lumber has taken another dramatic downturn, just the latest wild swing for builders in the cost of home construction. Continue reading
The lawsuit accuses brokerages and property owners of telling renters at risk of homelessness that their vouchers would not be accepted. Continue reading