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
The Upside Of The 30-Year Fixed-Rate Mortgage
Even as rates change, buyers desire the affordability, flexibility, and stability that a 30-year fixed-rate loan offers.
…Seattle Home Prices Have Doubled Over The Last 5 Years
The median home price in Seattle has reached $700,000, which is twice as high as it was during the housing bust five years ago. Prices…
California Solar Production Hits A Peak In March
March 11 was a good day for solar in California. Fortune reports that for a brief time that day, utility-scale solar…
Feelings About New Housing And Affordability In The Bay Area Vary By Age
While 70 percent of people between 18 and 39 in the San Francisco region are in favor of new housing in their neighborhoods, only 57…
The 20 Percent Downpayment Is A Rarity Today
According to the February edition of the Realtors Confidence Index Survey Report, 80 percent of first-time buyers who obtained a…
Charlotte And Other Southern Cities Lag Behind In Economic Mobility
Though it has growing banking and financial services sectors, Charlotte ranks last in economic mobility of the 50 largest cities in the…
Places With The Highest Property Taxes
A report from the real estate data firm ATTOM found that Binghamton, N.Y. has the nation’s highest property tax rate, at 3.1 percent in…
People Struggle To Afford Living In The Least Expensive Housing Markets
HousingWire reports that GOBankingRates produced a study on the affordability of the nation’s 50 largest metro areas. Even in the least…
Portland Seeks To Alleviate Homelessness With Tiny Houses In Backyards
Multnomah County, Ore., recently implemented a program, the Multnomah Idea Lab, where the government plans to build tiny houses in people’s…
Financing
Cities Where $100,000 a Year Doesn't Make You a Top Earner
Those with an annual household income of $100,000 a year won’t make the top 20 percent of earners in the metro areas of San Francisco, Seattle, or…
