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Q+A
Introducing Modular Construction to a New Labor Force
Lack of research and proper worker training is slowing the advancement of modular construction methods as an alternative way to build homes. Brian Gaudio's Last Mile Lab, in Pittsburgh, aims to change that
New-Home Sales
Debunking the Myths—Why Buying a New-Construction House May Be a Better Alternative
First-time buyers have traditionally strayed from new-construction homes in favor of more affordable existing houses, but buying new also offers a number of can't-miss benefits
Financing
How Low Will Mortgage Rates Go in 2023?
After soaring to a peak 7% in 2022, interest rates are expected to fall by more than a percentage point in 2023, but for a number of priced-out buyers, a slight increase in housing affordability won't be enough
Affordability
Seasonality May Not Be the Driving Force of Recent Rent Drops
The national median rent fell swiftly in December 2022, outpacing the seasonal norm and setting the stage for a more substantial slowdown in the year ahead
Market Data + Trends
A Record Share of Sellers Offered Concessions in Q4 2022
As homebuyer demand wavered in the final quarter of 2022, sellers were forced to make concessions and slash their listing prices
The New American Home
Stylish, Innovative, Efficient Products Featured in The New American Home 2023
Learn more about the products that went into The New American Home 2023 in Las Vegas
Sales
November Existing-Home Sales Slow to Lowest Level Since 2011
Home sales slowed at a rapid pace in November as soaring mortgage rates continued to price out prospective buyers
Affordability
5 Ways Industry Leaders Can Work to Make Housing More Affordable in 2023
Housing costs are soaring, but solutions to boost affordability seem few and far between. Here a few jumping points for real estate businesses, lenders, and local governments to alleviate costs in 2023
Labor + Trade Relations
Have Construction Job Openings Already Peaked?
After peaking in April 2022, the count of unfilled construction jobs is trending lower as the housing market slows
Market Data + Trends
In a Market Correction, Sellers Face a Dilemma: Lower Prices or Wait for Buyers to Bite
Home prices are falling across the country as a housing correction pushes would-be buyers to the sidelines, but some sellers aren't budging