As homebuyers falter under the weight of scant inventory and booming home prices, everyone is counting on homebuilders to tip the scales by increasing supply. However, the specter of The Great Recession and coronavirus-induced supply chain issues means… Continue reading
Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the U.S. Census Bureau. Continue reading
Homebuilders and real estate firms posted strong hiring trends even as a federal jobs report came up far short of expectations for November. Continue reading
A deep integration with nature, more space and high-end smart home features are just some of the things luxury buyers will demand in their future homes. Continue reading
Anticipating a high demand for homes, a research team at JPMorgan Chase is bullish on several real-estate stocks and investment trusts, according to a new analysis. Continue reading
Prices under $200,000 have nearly disappeared from the market for newly constructed homes, according to new data. Continue reading
Despite a decline in starts, which reflected curbed confidence in June amid mellowing lumber prices, experts said gains made in permit applications were a positive sign. Continue reading
Real estate employment numbers continued to rise in early July, but some segments of the industry grew faster than others. Continue reading
RE/MAX, LLC President Nick Bailey welcomed Jerry Howard, CEO of the National Association of Home Builders (NAHB), and Tammy McCall, Realtor Relations Extraordinaire at Johnson Development Corporation. Continue reading
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up. Continue reading