Offerpad hires Zillow vet, promises cash offers within in 1 hour

Offerpad, the Arizona-based online fast homebuying and re-selling company, announced Wednesday that it has hired Bryan LaFranchi to lead its program in which homesellers can get all cash for their old properties and put the money toward the purchase of… Continue reading

Builder confidence rises due to demand and limited supply: NAHB

Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data from the National Association of Home Builders.  Continue reading

Construction jobs gap is holding back housing starts: NAR study

Construction jobs remain below pre-recession levels — and the employment gap is dragging down housing starts, according to a new study from the National Association of Realtors. Continue reading

Permits, starts and completions all drop below 2017 levels

Permits for new construction, housing starts and housing completions were all below 2017 levels, in October, according to data released Tuesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Continue reading