Negative homebuyer and homebuilder sentiment matched with growing economic uncertainty to stifle new construction in June, with single-family permits, starts and completions taking the biggest hit. Continue reading
Adapting to market changes and creating options for clients allows real estate agents to stay relevant and engaged no matter what shifts may occur, Century 21 CEO Mike Miedler writes. Continue reading
Housing trade groups — including NAR, MBA and NAHB — like tax breaks for homebuyers and businesses, and urge lawmakers to put the bill on Trump’s desk Continue reading
April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Continue reading
Bond market investors who fund most mortgages didn’t panic Friday over reports that the U.S. will impose tariffs on China, Canada and Mexico on Saturday, but details remain sketchy. Continue reading
International Longshoremen’s Association’s strike ended on Friday, removing worries that an extended strike would negatively impact new-home starts and sales. Continue reading
Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Continue reading
Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released Tuesday by the U.S. Census Bureau. Continue reading
Sales of newly built single-family homes fell 12.2 percent between October and November to an annual rate of 590,000, but lower interest rates may bring relief. Continue reading
Housing starts jumped 14.8 percent between October and November to a seasonally adjusted annual rate of 1.56 million. That’s 9.3 percent higher than they were in December 2022. Continue reading