Collective Home Values Increased $2 Trillion in 2021 So Far
Historic increases in home values added tens of thousands of dollars to the average homeowners’…
Mortgage Rates Drop, But Not Enough to Boost Mortgage Applications
Mortgage application volume, refinancing applications, and mortgage rates took a hit last week…
Construction Sector Unemployment Rate Increased in May
Overall unemployment decreased in May down to 5.8% with the addition of 559,000 workers.…
Real Estate Blogger Who Predicted 2007 Crash Shares Predictions for Today’s Market
The housing market may be leveling out as recent housing metrics slow. It's been reported all year…
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NAHB
Lumber Prices Hit Another Record High
NAHB Policy Briefing | Rising lumber cost continues to push up the price of single-family and multifamily homes; tracking consumer preferences for a home office vs. home gym
Economics
Unprecedented Economy Rebound Even Stumps Economists
The U.S. economy’s rebound has proved to be confusing, to say the least.
Building Materials
Single-Family Builders Report Material Costs Are Up 26% on Average
A recent survey of home builders found that on average, building material costs have increased 26.1% during the past year.
Economics
Buyers Pull Back on Mortgage Applications for Second Week
Despite lower mortgage rates, applications for a mortgage to purchase a home were lower than one year ago for the second consecutive week.
Economics
Regulatory Costs Increased 44% in 10 Years
Regulation costs are 11% higher today than five years ago, accounting for $93,870 of the final price of a new single-family home on average, accord
Market Data + Trends
Fact or Fiction: Debunking Theories Behind the Housing Shortage
Theories behind the highly competitive housing market range from years of underbuilding to sellers reluctant to list—but are all these reasons true
Market Data + Trends
A Quarter of Existing Homes Sold in April Went to All-Cash Buyers
A quarter of existing home sales in April were all cash, leaving first-time buyers with little leverage during the most competitive spring buying s
Market Data + Trends
Zillow Says Home Prices Will Rise Through 2022
From this year to next, Zillow economists predict home prices will continue rising but sales will take a slight hit.
Market Data + Trends
Why Did April Existing Home Sales Decrease?
Rising mortgage rates and a lack of homes to buy, especially affordable ones, are putting a damper on housing demand.
Building Materials
An Economist Explains Skyrocketing Lumber Prices
Labor shortages, unexpected housing demand, and environmental issues are just a few of the reasons lumber and plywood prices have skyrocketed.
