Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
2017 Ended With Higher Interest Rates, Fewer Mortgage Applications
Total mortgage application volume dropped 2.8 percent in the last two weeks of 2017, as optimism over the new tax bill resulted in higher interest…
Innovative Financing for Affordable Housing
Nontraditional sources and incentives offer feasible ways to enrich the nation's supply of affordable and workforce housing
Opinion
Why Cities Need Middle-Class Homebuyers
Cities attract many potential renters and homebuyers as they typically have the most job opportunities. However, cities have the highest cost of…
Affordability
Most Americans Can Afford a New Home
Over half of U.S. households earn enough to buy a home without exceeding debt-to-income ratio rules
Homes Aren't Cheap in California
Low supply and strong job growth are key factors in driving up home prices
Million-Dollar ZIP Codes on the Rise, Says Zillow
There are a growing number of $1 Million Neighborhoods across the nation, with the New York-Northern New Jersey market leading the way
Redfin Housing Demand Index Virtually Flat From July to August
The Redfin Housing Demand Index rose only slightly from July to August (126 to 127), but increased 27.7…
Under Proposed Tax Reform, Fewer Homes Would Benefit From Mortgage Interest Deduction
If the tax reform proposal currently on the table is passed, only 5 percent of American homeowners would find it worthwhile to take the mortgage…
Home Price Growth Slows, Even as Inventory Drops
A recent Black Knight Financial Service analysis found that the rise home prices is beginning to stabilize. Despite the slowdown, the…
