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
Millennial Homebuyers Are Most Interested In These 10 Cities
Popular places for young adults range from Seattle to Buffalo, N.Y.
Trader Makes $1 Million Bet On Home Building Surge
According to CNBC, the home construction exchange-traded fund (ETF), ITB, is up 15 percent this year. Traders are…
Comparing And Contrasting The Rate Hikes Of 2013 And 2017
In 2013, mortgage rates rose from 3.5 to 4.5 percent because the Federal Reserve pulled back its mortgage-backed securities purchase…
February Was The 55th Consecutive Month With Annual Home Value Growth
U.S. home values rose 6.9 percent on a year-over-year basis to a median value of $195,700 in February.
According to…
Builders And Buyers Benefit From Improving Economy
If the economy continues to gain momentum, not even rising mortgage rates will slow down the home building and real estate industry.…
Most Major Cities Were Majority-Renter In 2015
Demographic trends have flipped homeownership rates in many of America’s largest cities.
Bloomberg…
Savvy Investors And Home Price Appreciation Factor Into Nationwide Shortage
People who own homes are faring well financially and aren’t motivated to sell
Homebuilders Resisting Energy-Efficiency Updates To Virginia Building Code
Builders believe that raising energy efficiency standards will lead to higher home prices
Pittsburgh Has The Highest Share Of Millennial Homebuyers
Millennials are aging into their prime adulthood years, which means they are achieving life goals such as getting married, starting a…
Lennar Says Builders Are More Optimistic And Consumers Are More Confident Since November
The National Association of Home Builders’ optimism index rose to a 12-year high in March, and the construction of single-family houses…