Tag Archives: Rick Palacios Jr.

Is the US short 1M or 10M homes? Here’s why nobody can agree

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A new White House economic report estimates the country is short 10 million homes, but researchers can’t seem to agree on the number. Continue reading →

New Senate bill would force large investors to sell after 7 years

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Lawmakers have asserted that by curbing how long large investors may own build-to-rent homes, it will help eliminate competition for everyday homebuyers and lead to lower prices. Not everyone agrees. Continue reading →

California housing: A ‘caste system defined by family wealth?’ Analysts respond to report

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Analysts and housing experts this week balked at what some called California’s “landed gentry” system for passing property down to younger generations. Continue reading →

8% of buyers got down payment help from family this year: Survey

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A new survey of 1,700 real estate agents this spring found that homebuyers in the Northeast and in Southern California were the most likely to get financial help from their family. Continue reading →

As buyers balk, some homebuilders dread the months to come

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Builder sentiment dropped at the second-fastest pace of the last two decades as some home construction companies have begun to cut costs. Continue reading →

More than half of homebuilders report cancellation increase in June

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In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first set in during March of 2020. Continue reading →

Sales declines, price drops and the return of buyer incentives: Oh my!

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It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey. Continue reading →

Lumber prices seesaw lower, and some homebuilders aren’t happy

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The price of lumber took a big dip to start the week, just the latest unexpected shift in the cost of building a new home. Continue reading →