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
Mortgage Application Volume Levels Off
According to CNBC, total mortgage application volume last week fell 0.8 percent from the previous week. It has dropped…
Home Price Index Reaches 31-Month High
The S&P CoreLogic Case-Shiller National Home Price Index increased 5.9 percent year-over-year in January, up from 5.8 percent in…
Small Cities With Rising Housing Markets
Pasco, Wash. finished first. Five of the top 10 cities are in Texas, and college towns are well represented.
Normal Homeownership Levels Could Have Added $300 Billion To The Economy
The super-low homeownership rate has been really costly.
CNBC reports that a return to more normal…
Tampa Rebounds After Recession To Become Nation’s Healthiest Housing Market
Other healthy markets include Dallas, Las Vegas, Jacksonville, and Columbus, Ohio
Owners Pay More For A Mortgage
The monthly mortgage payment for the typical U.S. home was $758 as of the end of last year
Texas Sets Sales And Price Records
Compared with 2015, the previous record year for both metrics, total sales increased 4.6 percent and the median price rose 7.7 percent
Boomers And Beyond: Opportunities For Builders
A survey by John Burns Real Estate Consulting digs deeper into what boomers want and why
Mortgage Demand Goes Hand-In-Hand With Mortgage Interest Rates
Stephanie Lo of the Harvard Joint Center for Housing Studies writes that the post-recession drop in housing demand is…
Airbnb Considered Building Guest Homes For Rent
The short-term lodging startup Airbnb has bold plans for expansion, and according to Forbes, one of the ways was to…