The phrase “housing recession” has exploded in popularity, according to an analysis of search terms. But pinning down what it means and where it originated is surprisingly difficult, experts told Inman. Continue reading
Hidden costs loom large for buyers in the first year of homeownership, and, surprisingly, that can be even more true with a new build, according to the National Association of Homebuilders. Continue reading
New home sales took a hit for the fourth-straight month in April as buyers grappled with the new reality of rising home prices and mortgage rates in excess of 5 percent, according to Census Bureau data. Continue reading
A decline in consumer demand amid rising interest rates, increases in materials costs and home price growth led builder confidence to drop 8 points to 69 in May, according to the NAHB. Continue reading
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
There are signs of trouble, but vaccinations are up, spending on home construction is up, and overall, there’s reason to believe the market will improve. Continue reading
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
Minneapolis and Oregon have led the way, but cities and states across the U.S. are increasingly looking at allowing multifamily units in response to supply shortages. Continue reading
Minneapolis and Oregon have led the way, but cities and states across the U.S. are increasingly looking at allowing multifamily units in response to supply shortages. Continue reading