Tag Archives: Markets & Economy

Recovering economy is driving housing market’s potential: Study

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“Potential existing-home sales” rose to an adjusted annual rate of 6.31 million in April, up 1.3 percent from March, according to First American Financial’s Potential Home Sales Model. Continue reading →

Knowing new construction gives you a competitive edge — here’s why

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The inventory shortage isn’t going to last forever. In the meantime, studying the economy, real estate market statistics and particularly the new home construction process will make you a fierce competitor in today’s market and the future.  Continue reading →

Dozens of economists don’t see any bursting bubbles on the horizon

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A new survey of 42 economists showed that home prices, housing starts, apartment vacancies and other factors should remain healthy for the next several years. Continue reading →

Inflation, rate increases pose risks to housing market, Fannie Mae says

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In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June. Continue reading →

Is the inventory dam about to burst?

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Given the soaring costs we’re seeing in almost every aspect of our lives, the end of forbearance programs and rent moratoriums, coupled with the age of boomers who own 42 percent of the inventory, the inventory dam has definitely started leaking. Continue reading →

Rising construction costs curbed homebuilders’ pace in April

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The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April. Continue reading →