Residential Building Wages Rise Again in March
Wage growth for residential building workers continued during March, but at a slower pace than during the previous month
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
International Trade Talks Push Mortgage Rates Higher
U.S. mortgages are on the rise following hopeful trade talks with China. This is a continuation of the past month’s upward trend, but mortgage…
What Will Happen to the Housing Market in the Next Recession?
Word on the street is that a recession may be on its way. Flashbacks to the 2008 recession would scare anyone with a stake in the housing game,…
The Mortgage “Lock-In Effect” on the Housing Market
Lucky homebuyers who are able to buy now are locking in dramatically low mortgage rates. But if mortgage rates increase, those with lower rates…
Will 2020 Bring Change to the Housing Market?
Homebuyers may have a few New Year’s wishes for the housing market: lower prices, more inventory, and continued low mortgage rates, to name a few…
Increase in Building Permits and Sales May Mark Future Housing Recovery
Get them while they’re hot: some builders are lowering prices in response to buyers’ demands for affordability. Combined with low mortgage rates,…
China Trade Talks Take US Mortgage Rates on Rollercoaster Ride
Despite being on another continent, China dramatically impacts the United States from the products we use to the mortgage rates we see for houses…
Will the Housing Shortage Ease up in 2020?
Buying picked up in September, thanks to the low mortgage rates seen in the past few months. Yet builders have not been able to match pace. Even…
Lot Values Outpace Inflation and Hit Record High
The West South Central division is the comeback kid. The West South Central division doubled its lot values from peak housing boom levels to…
How Climate Change Could Make 30-Year Mortgages Extinct
If banks start factoring in climate change, they may stop giving mortgages for houses in high-risk areas prone to climate disasters. But if they…
Lack of Faith and Affordable Homes in the Housing Market
Rising housing prices are scaring potential homebuyers as less than a fourth of Americans think now is a good time to buy. But playing the waiting…
