Utah Passes Bill to Regulate Modular Construction at the State Level
Goals for housing innovation and affordability meet in the Utah's passage of a new bill that establishes a statewide modular construction program
Affordability Improves, but the Average Worker Still Struggles to Afford a Home
Homeownership around the U.S. continues to require historically large portions of worker wages, a new housing-affordability report finds
The Garden State Takes a New Approach to Expanding Affordable Housing
Recent legislation in New Jersey could provide inspiration for eliminating affordable housing hurdles in other places with strong housing markets
Will NAR's Landmark Commissions Settlement Lower Housing Costs?
The $418 million deal changes long-standing rules—written and unwritten—that consumers claim inflated sales commissions for home sellers, including new-home builders
Biden's Proposed Fixes for Housing Affordability
In his State of the Union address, President Biden proposed several actions to improve housing affordability and supply
Biden Administration Extends Federal Housing Financing Program
Funds from the program are used to develop or rehabilitate affordable rental homes, helping boost US housing supply
Affordability
It Takes More to Afford a Median-Priced Home in These 10 Counties
Prospective buyers in these pricey U.S. counties are putting more of their income toward home purchases
Market Data + Trends
The Summer 2023 Housing Market Is Anything but Hot, Experts Say
Just when it should be heating up, the housing market is cooling down, and experts say that could be the case for the next several months
Affordability
Everything’s Bigger in Texas, Including Home Price Drops
After years of record appreciation and red-hot sales, home prices are beginning to fall across the U.S., and Texas is leading the charge
Market Data + Trends
Consumer Confidence Is Rising, but Not in the Housing Market
Easing inflation led to the highest reading of consumer confidence in 17 months in June, but Americans remain wary about homebuying
Economics
Could the Housing Market Dip Back Into Another Recession?
Experts are weighing the risks of another housing recession as supply increases despite weak economic conditions
Market Data + Trends
Fannie Mae’s Revised Housing Forecast Suggests Less Volatility in 2023
Fannie Mae recently revised its housing forecast to reflect strength in U.S. home prices amid a widening supply shortage
Housing Markets
Looking for More Affordable Rent? Start With These 10 Cities
Rents are falling the fastest in these metro areas, but increased affordability also goes hand-in-hand with dwindling supply
Community Development
Country Music Star Teams Up With Cornerstone Building Brands for ‘Home for Good’ Project
Musician Tyler Hubbard is working hand-in-hand with Cornerstone Building Brands on affordable housing projects as the company's Home for Good project ambassador
NAHB
HBAs Receive Financial Assistance to Help Tackle Housing Affordability Issues
The National Association of Home Builders allocated more than $100,000 in funding to seven Home Builders Associations working to reduce barriers to housing affordability in their state and local jurisdictions
Market Data + Trends
With Housing Market Supply and Demand Out of Sync, Home-Price Declines Are Shrinking
Home prices posted a slight year-over-year decline in June, but monthly home-price drops are getting smaller
