‘It’s a hopeful sign’: Builders forge ahead on new home starts

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

Bond yields rise as Fed says it will double pace of tapering

The Federal Reserve will double the pace of its tapering of support for mortgage markets, as falling unemployment and worries about inflation outweigh uncertainty around the potential health and economic impacts of the Omicron variant. Continue reading

Builder confidence ends 2021 strong

The National Association of Home Builders/Wells Fargo Housing Market Index increased for the fourth consecutive month, to 84 in December, marking a high for the year last seen in February. Continue reading

DOJ, home prices and equality: Brad Inman talks real estate’s future

Inman reporters Marian McPherson, Andrea Brambila and Jim Dalrymple discuss coverage of the biggest stories in real estate — and how those stories might chart the industry’s path. Continue reading

2021 broke records for days on market, median price and more

A new report from Redfin describes 2021 as “remarkable” and identifies numerous records that fell over the past 12 months. Continue reading

First-time homebuyers likely to be hit hardest by inflation in 2022

Real estate coach Brian Buffini shared his annual predictions for the year ahead during a webcast in which he urged agents to hunker down on the fundamentals of their training and get back to basics in preparation for a market shift. Continue reading

Real estate in 2021 was weird, wild and always unpredictable

The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading

It’s official: Inflation ramps up to fastest annual pace in 40 years

It’s not just the housing market. The prices of U.S. consumer goods have been rising faster than at any 12-month period since 1982, according to the Consumer Price Index, released Friday. Continue reading

Markets remain volatile, but mortgage rates stay the course

The average rate for a 30-year, fixed rate loan was 3.10 percent this week, according to Freddie Mac’s latest lender survey. Continue reading