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More Housing Options for Mature Boomers
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Data-Driven Builders Don't Guess
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A Local Way to Boost Your Digital Marketing
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Ben Carson on Affordable Housing and Private-Sector Collaboration
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Call For Entries: 2019 Professional Builder Design Awards

News

Demographics
A recent study finds that same-sex couples were 73.12 percent more likely to be denied a mortgage than straight couples with similar profiles, based on mortgage data from 1990 to 2015. 

Study of Lending Discrimination Against Gay Couples

Sales
Homeowners spend an average $21,000 preparing to list their home for sale, according to Zillow. About 25 percent of home sellers willing and able to afford to fix up their home before listing were able to sell above the list price. About 15 percent of home sellers who did not improve their home before listing sold above the list price, CBS News reports. Lucas Puente, Thumbtack economist, said in a statement, "Sellers should remember that by taking care of these projects, they can get a really strong return

To Market, To Market

Labor
A new study of home building employment finds that of the 10.3 million Americans working in construction in 2017 (the most recent data available), more than 4 million worked in residential construction, or 2.6 percent of the nation's civilian labor force.

Residential Construction Employment

Products
As more developers turn to micro units and tiny homes as a way to solve the affordability crisis, they’ll need architectural tricks and stylish compact products for their kitchens and baths. We’ve found some that will fit right in.

8 Products Perfect for Small Homes, Condos

Financial
According to Freddie Mac's latest data, the 30-year fixed-rate average hit 4.17 percent, up five basis points over the previous week and down 30 basis points annually.

Rising Rates Still Low

Demographics
The Silent Generation, aged 73 to 93 years, was the smallest homebuying age cohort in 2018, with a seven percent market share. These buyers are most likely to buy a home to be closer to friends and family.

Study of Silent Generation

Industry Data + Research
The nation's housing markets, even in the priciest ZIP codes, are shifting in advantage toward home buyers after years of favoring sellers. Year-over-year, 10 times as many of the 100 biggest U.S. metros now favor buyers.

Tide Turning Toward Buyers

Industry Data + Research
Home prices in Los Angeles, Orange, and San Diego counties in California fell in March 2019, the first annual decline for LA and San Diego counties since 2012, and the third for Orange County since December 2018.

3 SoCal Markets Posted YoY Price Drops in March

Financial
JPMorgan Chase and Wells Fargo recently released their latest earnings reports, showing that mortgage originations and lending had double-digit drops over the previous year, and JPM CEO Jamie Dimon told analysts, “Non-banks are becoming competitors."

Big Banks Losing Mortgage Market Share

Land Development
Along with billions of dollars in new investments from companies like Amazon, Nashville is bringing in about 100 new people per day. Local leaders recently spoke at the Urban Land Institute's Spring Meeting in Music City.

100 New Residents Per Day in This City

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