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
October Saw New-Home Sales Fall More Than Expected
Despite being buoyed by a persistent shortage of previously owned properties on the market, high mortgage rates and reduced affordability saw sales of new U.S. single-family homes fall during October
Still Smarting From Housing Crisis, More Homeowners Opt To Stay Put
Even though the economy and the housing market have improved, economists expect more homeowners to stay put for the next decade, or even longer.…
Suburbs Gain Renters Faster Than Cities In 19 U.S. Metros
Urban areas haven’t gained as many new renters as expected. In fact, from 2011 to 2015, suburban areas clearly outpaced urban areas in renter…
Florida, Texas, And Utah Among States Showing Robust Economic Growth
While the U.S. economy isn’t growing very fast these days, some states are, according to the U.S. Bureau of Economic…
Slow and Steady Recovery Bodes Well for Home Building
The home building recovery has been slow and steady, and nearly nine years after the housing crisis, that’s probably a good thing because it will…
Market Data + Trends
States With Highest and Lowest Cost of Living
After considering the costs of housing, groceries, utilities, transportation, health care, and other expenses in each state, …
Chase To Offer Credit Card Perks For Home Loans
A new perk for homeownership is targeted toward Millennials.
According to CNBC, Chase announced that…
Best Places To Live On An Average Salary
The average American household earns around $55,000 a year, which can go a long way in smaller cities, especially in the Great Plains.…
The South Has The Most Favorable Markets For First-Time Buyers
Homes are affordable and relatively easy to get in Memphis, Orlando, Tampa, Jacksonville, and Birmingham
Multifamily Rents Rising In Most Markets
A lack of new single-family home construction and a change in demographics that favors rental housing have steadily driven rent prices…
Tesla Releases Prices For New Solar Roof Product
The first two styles of Tesla’s solar roof product, "black glass smooth" and "textured" glass tiles, will be priced at about $21.85 per…
