Tag Archives: Markets & Economy

Homebuilders can’t catch up with demand

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Shortage of new homes is pushing up housing prices and threatening to slow down the entire economy, according to a report by Freddie Mac’s chief economist. Continue reading →

March was the hottest month in housing history

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The median home price rose 17 percent annually to $353,000, according to Redfin’s March housing report. Nearly half of homes sold above asking price. Continue reading →

Builder confidence on the up and up

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Nationwide builder sentiment rose by one point to 83 in April, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading →

Inventory insanity: When will this supply shortage end?

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Today’s extremes won’t last forever, but there’s no silver bullet to end the crisis, and it’s likely shortages in some form will drag on for years. Continue reading →

Will rising mortgage rates affect appetite for homebuying?

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Vaccinations and stimulus measures are fueling optimism for an epic economic rebound, and there are other factors at play. Here is a look at how the housing market has fared over the past year and what to expect. Continue reading →

These are the mortgage lenders that dominated refinances in 2020

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Mortgage lenders saw record volume in 2020, with refinances leading the way. Here are the top lenders that dominated refinances last year. Continue reading →

Inventory insanity: What it’s like being a homebuyer when there are no homes to buy

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With inventory at record lows, homebuyers say losing one bidding war after another is like a “punch to the gut.” Continue reading →

Inventory insanity: The secret economic forces fueling the housing shortage

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Many consumers may not realize it, but they’re increasingly competing against institutional investors and contending with soaring building costs. Continue reading →