Tag Archives: homebuilding

KB Home says the Iran war is already ‘weighing on the consumer’

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The war in Iran’s impact on the housing market is emerging as KB Home reports weaker demand, lower earnings and rising uncertainty. Continue reading →

Lennar profits fall 56% as affordability pressures hit new home sales

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Lennar earnings highlight ongoing housing market strain as profits plunge 56 percent amid high mortgage rates and softer home prices. Continue reading →

This St. Louis suburb is the nation’s most affordable, but with a caveat

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Markets across the Midwest and South offer enviable affordability; however, lower housing prices can reflect deeper issues, such as economic disinvestment and discriminatory housing policies. Continue reading →

October brought the strongest buyer’s market in 12 years: Redfin

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The number of homesellers exceeded homebuyers by a record 36.8 percent in October, which is the largest divide between the two groups since at least 2013, Redfin reported on Wednesday. Continue reading →

Are 50-year mortgages an affordability fix or a time bomb?

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This week on The Download, Inman contributors and staffers weigh in on the controversy surrounding President Trump’s 50-year mortgage idea. Continue reading →

Trump administration lays out 5-year goals for Fannie, Freddie

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Equitable housing and climate change risk are out, deregulation and combating fraud are in. The plan sheds little light on Trump administration’s bid to spur homebuilders into expanding housing supply. Continue reading →

Fannie, Freddie close NY offices as Trump battles Letitia James

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The Trump administration is using its tight control over the mortgage giants to continue a vendetta against New York attorney general and other political opponents, critics say. Continue reading →

48% of Americans blame investors for ‘unreasonable’ housing costs

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A staggering 93 percent of Americans believe housing costs are “unreasonable,” according to Searchlight Institute’s latest affordability survey. Continue reading →

‘Construction is in a funk’: Homebuilding improves, but inventory issues remain

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The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading →