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Housing Markets

Here Are the Most and Least Affordable Housing Markets in December 2022

Some major U.S. metros are home to skyrocketing prices and waning housing inventory, while others offer first-time buyers an affordable entrance into the for-sale market

Financials

Homeowners in These States Paid the Highest Property Taxes in 2021

The Northeast accounted for the largest share of U.S. states with the highest tax bills in 2021, while homeowners in southern states saved the most money on property taxes

Solar

California Announces Plans to Cut Rooftop Solar Incentives—Here’s What That Means for Homeowners

California's solar incentive program just took a major hit after the state’s Public Utilities Commission voted to reduce payments to solar customers

Market Data + Trends

As Inflation Slows, Demand Rebounds Ahead of 2023

Measures of homebuyer demand ticked higher during the second week of December after a slight dip in interest rates and a rise in regional price drops 

Bamboo: Not Just for Your Floor Anymore

Illinois-based Lamboo produces an engineered bamboo that can be used for interior, exterior, and structural applications.

Housing Markets

The Top 10 Most Affordable Metros for First-Time Buyers in 2023

With comparatively high inventory and affordable home prices, these metros are prime homebuying locations for first-time house hunters in 2023

Building Materials

As Softwood Lumber Falls, Concrete Prices Soar to New Highs

The PPI for ready-mix concrete reached a new high in November after rising for 21 of the past 22 months

Housing Markets

Rent Growth Is Slowing in These Costly U.S. Cities

After a fast run-up in asking rents throughout the pandemic, tenants are finding much-needed price relief in these high-cost cities

Remodeling

What’s Next for the Remodeling Sector in 2023?

Remodeling demand is waning, but as fewer homeowners can afford to relocate, remodelers are still filling backlogs with a steady stream of new projects

Market Data + Trends

Home Prices Are Falling, but Buyers and Sellers Are Still Holding Back

A housing correction is leading to slower home price growth and a drop in mortgage rates, but sellers are just as hesitant to list as house hunters are to buy

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