Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
Younger Millennials Are Flooding the Market
Millennials took advantage of July’s low mortgage rates, especially younger Millennials. National Mortgage News describes younger Millennials as…
Market Posts Double-Digit Growth For Pending Sales, New Listings, Home Prices
During the four-week period ending August 23, the housing market continued to see positive numbers for both sales and home prices. The number of…
Home Prices Experience Largest Jump in 2 Years
Home prices are picking up speed as inventory continues to dwindle and mortgage rates remain low. According to CNBC, home prices saw a larger jump…
New Home Sales Hit 14-Year Peak, Builders Raise Prices in Response
It has been nearly 14 years since new home sales peaked like they did this past July. According to Bloomberg, purchases of new single-family homes…
Another Firm Invests Millions in Single-Family Rentals
Blackstone Group, an investment firm giant, plans to steer investors toward single-family rental homes. The company will lead a group of investors…
Millennials Are a Driving Force for the Market's Rebound
If generational home buying were a race, Millennials would be stealing first place right now from Baby Boomers. As a generation once viewed as…
The List No One Wants to be On
SmartAsset crunched figures for unemployment, poverty, income, divorce rate and more for 99 cities and compiled a list of metros with the most…
Is the Housing Market on a Sugar High?
Americans are rushing to buy homes right now, but should you be one of them?
Much has been made about consumers desiring to leave the…
As Home Prices Soar, Is There a Bubble About to Burst?
The nation's surging home prices don't seem to care about the recession, the coronavirus pandemic, or double-digit unemployment. It has all…
Townhouse Construction Weakens, But Its Future Looks Bright
Townhouse construction decreased during the second quarter, putting it in a weaker position than the overall building market. NAHB says most…
