Buyers turn to the resale market as builders abandon price cuts
Rising existing-home inventory is thwarting homebuilders, who are now slowing permits and starts — and backing off from hefty incentives. Continue reading
Rising existing-home inventory is thwarting homebuilders, who are now slowing permits and starts — and backing off from hefty incentives. Continue reading
Trump’s promise to “ban” large institutional investors from buying more single-family homes renews the debate over whether such a move would be legal — or make much of a dent on affordability. Continue reading
Easing interest rates, down payment assistance and builder incentives are helping first-time homebuyers compete, according to the latest from the National Association of Realtors. Continue reading
A staggering 93 percent of Americans believe housing costs are “unreasonable,” according to Searchlight Institute’s latest affordability survey. Continue reading
New home starts fell 8.5 percent from July to August as builders continued to react to the negative economic outlook, according to data from the U.S. Census Bureau. Continue reading
Canadians are losing interest in U.S. real estate, according to Redfin’s latest market report. The share of Canadians searching for U.S. properties declined 19.5 percent year over year in August, extending a six-month trend that started when President … Continue reading
Find out how to help potential homebuyers navigate the market, Bernice Ross writes, while dispelling myths that might be keeping them from moving forward. Continue reading
Driving the revised forecast are expectations for slightly cooler economic growth and hotter inflation, which could mean mortgage rates come down a little more slowly. Continue reading
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
NAHB urges Trump administration to negotiate new softwood lumber agreement with Canada “that will provide a fair and equitable solution to all parties and eliminate tariffs altogether.” Continue reading