Tag Archives: Markets & Economy

Summer market will be hot, but not scorching, economists say at Inman Connect

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Daryl Fairweather of Redfin and Jeff Tucker of Zillow said the market would still continue to be strong through the end of 2021. Continue reading →

Residential construction rose in May, despite material challenges

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Single-family housing starts rose modestly, but housing completions and building permits dropped from the previous month, according to the U.S. Census Bureau. Continue reading →

Demand for mortgages rebounds after 3 weeks of declines: MBA

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Applications for purchase loans and refinancings climbed as mortgage rates eased to the lowest levels since early May, according to the Mortgage Bankers Association. Continue reading →

Home sale-leasebacks are surging, but are they good for homeowners?

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Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors are offering. Continue reading →

Fannie Mae has ‘meaningfully downgraded’ its forecast for 2021 home sales

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As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae said. Continue reading →

Multifamily rental market rebounds to pre-pandemic levels

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The median multifamily rent increased 2.5 percent in May, according to Yardi’s latest rent report. West Coast markets experienced the greatest increases as buyers hold off on the homeownership plans. Continue reading →

Lumber prices finally drop and the stockpilers prepare to sell

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After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down. Continue reading →

Desirable housing is out there. You just need to know where to look

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At Inman Connect on Tuesday, three real estate professionals dished on the creative ways they’re taking advantage of existing inventory amid an historic housing shortage. Continue reading →

Builder confidence dips slightly in June — to lowest level since August

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The Housing Market Index dropped to 81 in June, down from 83 the previous month, according to the National Association of Home Builders and Wells Fargo. Continue reading →