A Look at the Boom in Home Builder Stocks During 2023
In 2023, stocks for the 10 biggest U.S. home builders outperformed the S&P 500. What does that say about the housing market?
Housing Demand Could Rebound in 2024 as Mortgage Rates Ease
The Mortgage Bankers Association predicts lower mortgage rates could bring homebuyers back into the market in 2024
The Federal Reserve Tightens Its Grip on the US Housing Market
Mortgage rates just surpassed a 23-year high, and experts say more rate hikes are on the horizon
Why Does the Housing Market Feel Like It's 1996?
The number of mortgage applications is currently at levels not seen since the mid-'90s
High Monthly Housing Expenses Are a Cause for Pause
With high median monthly mortgage payments, prospective buyers and sellers aren't too eager to jump into the for-sale market
How Much Does Homeownership Actually Cost?
A new study breaks down the costs of owning a home, from the initial down payment to utilities and everything in between
Affordability
Pandemic Likely to Further Strain Cost-Burdened Homeowners
The number of homeowners that were cost-burdened dropped 9% overall during the past nine years, but low-income households only experienced half of…
Financials
Homeownership Wealth Gains for Second Quarter of 2020
Based on the 2019 Survey of Consumer Finance data, homeownership accounts for 90% of total wealth among all families. In the bottom 20% income…
Demographics
Banks Step in to Shrink Black Homeownership Gap
More banks are rolling out initiatives in order to bolster historically low homeownership rates for minorities. In Washington, DC, one firefighter…
Market Data + Trends
September Ends 4-Month Spree of Increased Pending Home Sales
A drop in pending home sales for September may be a signal that rising home prices are too much for buyers. CNBC says the number of signed…
Business Management
4 Ways to Reduce Construction Costs
2020 has been a roller-coaster ride. To combat rising construction prices, it's time for builders to look for new ways to cut expenses
Coronavirus Resources and Information
Will Expiring Eviction Moratoriums Spur a Housing Crisis?
While federal and local eviction moratoriums are protecting many from eviction, there remains a large number of renters who have been unable to…
Economics
Mortgage Rates Hit New Bottom for 10th Time
For the 10th time this year, mortgage rates dropped to record lows. When will it stop? That’s up to the economy’s recovery, says Realtor.com. The…
Financials
Redfin: Home Prices See Largest Year-Over-Year Increase Ever
Home prices experienced the largest growth since September 2005 during the four-week period ending October 4. The median home sale price hit $320,…
July Home Prices Advanced by 4.8% Says Case-Shiller
Nationally, home prices advanced by 4.8% annually this past July. Just a month before in June, prices rose by 4.3%, according to CNBC. These…
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…