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
October Saw New-Home Sales Fall More Than Expected
Despite being buoyed by a persistent shortage of previously owned properties on the market, high mortgage rates and reduced affordability saw sales of new U.S. single-family homes fall during October
Can the Housing Market's Current Trajectory Be Stunted?
The housing market’s momentum may be threatened by recent housing policy changes from the White House, the future of stimulus and forbearance…
No Typical Seasonal Trends in Sight for Home Prices This Summer
Forget everything you once knew about seasonality in the housing market because the numbers seem anything but typical this year. Around this time…
Housing Starts Defy Economist Predictions, Increase By 22.6% in July
The floodgates opened in July for new housing starts, a ravenous return from the previous month’s smaller numbers. According to MarketWatch, home…
Single-Family Home Prices Are Rising Across the U.S.
Home prices are reacting just as they should to the historically low housing inventory, interest rates, and high buyer demand. For 2020’s second…
Housing Supply Falls to New Low While Prices Hit New High
For the third time in four months, the national median home price hit a new all-time high. In July, median home prices increased by 8.2% year over…
Builder Confidence Jumps Again, But Lumber Prices Threaten Momentum
Builder confidence for the newly built, single-family home market reached its highest point in 20 years this month. Rising lumber prices may put a…
Financing
Mortgage Rates Decline, But Credit for Builders Tightens
The second quarter brought upon tightening credit for builders and developers, NAHB reports. The association’s survey on financing for Acquisition…
Demand for Single-Family Rentals Presents Opportunities for Builders
Single-family rentals are poised to become severely undersupplied over the next decade, presenting a great opportunity for builders. RCLCO Real…
Mortgage Rates Drop Again, But May Soon Reverse Course
Record low mortgage rates have had a good run, but it may be coming to an end, CNBC says. Last week looked good for mortgage rates, which dropped…
Buyers Are Snatching Up Homes in Record Time
The housing market seems like a revolving door for new listings, with homes coming and going at a fast pace. Redfin found that in the four-week…