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
Analysts Predict Higher House Prices This Year And Next
Rising mortgage rates, home price appreciation, and low levels of inventory will all contribute to increasing house prices over the next…
Vallejo Tops List Of February’s Hottest Housing Markets
Homes are selling five days quicker than in January and 5 percent faster than at the same time last year
Forecast Anticipates Rise In New Home Sales
New home sales in January are expected to reach 549,000, a 2.4 percent increase from December and 4.4 percent gain from a year ago. Also…
Deregulation Could Get Big Banks Back Into Mortgage Lending
Nonbank lenders account for nearly half of all mortgage originations, up from just 10 percent in 2010. But, the heyday of Quicken,…
UK Needs 400,000 New Construction Workers Per Year To Solve Housing Shortage
Much like the U.S., the United Kingdom is facing a housing crisis where a lack of available homes is driving up prices and lowering…
How Much Income Is Needed To Afford House Payments
In eight of the nation’s 15 largest cities, buyers could afford monthly house payments on salaries less than $30,000 a year.
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Mortgage Application Volume Is Down 21 Percent From Last Year
Low inventory and higher interest rates are two of the main causes
Washington D.C. Area Home Values Are Growing Fastest In The Distant Suburbs
The quest for affordable housing is pushing buyers farther and farther out of the nation’s capital.
Jonathan Fox of…
Home Sales Are Up And Prices Are Down In California
In January, sales of existing houses in California reached a seasonally adjusted annualized rate of 420,100 units, a 2.1 percent…
Detroit’s Comeback Story Is Overblown
Detroit is on the upswing, but critical issues such as poverty, unemployment, income disparities, and subpar property values remain.…
