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Housing Markets
Despite Elevated Borrowing Costs, Buying Is Cheaper Than Renting in These Affordable U.S. Metros
Though renting remains the most affordable housing option in the majority of U.S. cities, a few relatively affordable destinations benefit buyers more than renters
New-Home Sales
Up, Up, and Away—the Housing Market Gains Momentum at the Start of 2023
As home sales increase and mortgage rates slowly decline, housing experts say the market is gaining steam in 2023
New-Home Sales
Winning Strategies for Selling New-Construction Homes
Recent market conditions have taught home builders some valuable sales lessons and have also forced builders to take a hard look at how they're engaging homebuyers in order to meet rising expectations
Financing
Falling Mortgage Rates Are Jump-Starting a Stagnant Housing Market
The 30-year fixed-rate mortgage is down nearly a whole percentage point from its 2022 peak, and that boost in affordability is motivating prospective buyers to make a market comeback
Zoning
Colorado Lawmakers Push for Updated Zoning Regulations to Combat Statewide Housing Crisis
After years of underbuilding due to outdated zoning laws, state lawmakers worry that Colorado is unprepared to welcome an influx of migrating homebuyers
Housing Policy + Finance
NAHB: White House Rental Executive Action Is ‘Wrong Strategy'
The National Association of Home Builders recently expressed its disappointment in the Biden administration's lackluster rental affordability strategy
New-Home Sales
December New-Home Sales Slipped Closer to Pre-Pandemic Levels
New-home sales slowed at the close of 2022 as elevated mortgage rates and home prices chilled a previously red-hot housing market
New-Home Sales
Fewer Adults Plan to Purchase a Home in 2023
The share of Americans looking to buy a home in the next 12 months fell sharply in the final quarter of 2022 as rising mortgage rates continued to put a dent in housing affordability
New-Home Sales
Two-Thirds of Americans Expect the Housing Market to Crash, but Experts Say It's Unlikely
A market correction is leading to uncertainty among prospective homebuyers, but despite mounting fears of a 2023 recession, housing experts aren't worried
New-Home Sales
Uptick in Pending Home Sales Signals Rebounding Buyer Demand at the Start of 2023
Pending home sales are rising for the first time in 14 months as a market correction creates new opportunities for priced-out buyers