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
States With The Toughest And Loosest Tax Policies For Retirees
Florida, Texas, and Nevada are havens for older adults, and not just because of the weather, scenery, and entertainment options.
…3 Maps That Show How Markets Have Recovered Since The Recession
Even after 93 consecutive months of growth, and around 200,000 jobs added each month, the U.S. economy isn’t fully back to pre-recession…
Owners Capitalize On Home Equity
The housing crisis turned many owners conservative, but a rebound in home values and increase in homeowner wealth have encouraged…
The Best Time To Sell A Home Is In Early May
At the end of the selling season — when potential buyers have run out of other options and will pay more to avoid going empty handed —…
Properties Spend Fewer Days On The Market In January
Properties sold in January were on the market for an average of 50 days, down from 52 in December and from 64 in January 2016.
…
Condos Will Gain Larger Share Of The Mortgage Origination Market
Lending for condo purchases reached an annual rate of $74 billion as of November 2016, consisting of 8 percent of all purchase…
Housing Demand Will Soar Over The Next Decade
Housing demand is extremely high today. Lawrence Yun, the chief economist of NAR and a contributor to Forbes, says that…
Rocky Mountain And Midwestern States Are Best For First-Time Buyers
Younger buyers are looking for affordable homes in strong job markets. Iowa just might be the place they’re looking for.
…Another Way To Calculate Costs For Renting And Owning
Renting can be cheaper than owning initially, but over time, purchasing a home wins out.
Jonathan Smoke, the chief…
Washington D.C. Offers The Most Good Jobs
Of the nation’s 50 largest metros, Washington D.C. has the highest share of adults who work for an employer full time.
…