Tag Archives: new home sales

Rising lumber costs add $36K to new home sales prices

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The battle between supply and demand has hit the lumber industry hard, as mills struggle to keep up with demand and homebuilders push the costs to buyers. Continue reading →

New home sales hit 9-month low in February

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February’s seasonally adjusted annual rate of 775,000 was down 18.2 percent from January’s revised rate of 948,000. Continue reading →

Inventory crises could stretch into 2022 and beyond: Zillow

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Housing starts won’t reach the historical average of 1 million new units per month until at least 2022 or later, with the most pessimistic estimates stretching to 2029. Continue reading →

New York Fed calls US housing market ‘anemic’ and ‘lackluster’

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Existing-home sales activity lagged in June, with single-family home sales falling 1.5 percent to 4.69 million units, according to the report. Continue reading →

From the Great Recession to 9/11: What to do when external factors get in the way of a real estate deal

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Economic changes, tariffs and international conflicts can put buyers on edge — here’s how you can help them make the right decision. Continue reading →

Uh-oh: high-risk home loans are on the rise again

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Now that these buyers have relatively easy access to credit (albeit high-risk) they’re snapping up homes at the lowest price tier and driving up home prices… Continue reading →