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
Younger Adults Less Likely To Own A Home Today Compared To 20 Years Ago
The homeownership rate in the U.S. has fallen to a 62-year low of 62.9 percent, in part due to a lack of buying activity from young…
High Demand And Slow Income Growth Make Homeownership Less Affordable
Average homebuyers spent 15.8 percent of their income on mortgage payments at the end of last year, the highest share since 2010.
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A size squeeze is coming for single-family homes
Much of the new construction housing demand during the early stages of the economic recovery derived from upscale, move-up buyers who bought…
Home Builders entered 2017 by pulling more permits
Builders secured more January permits compared with December and the year ago period.
The Nation’s Hottest And Coldest Markets For Sellers
Houses are selling fast in San Francisco and lingering on the market in Baltimore.
Zillow named the nation’s hottest…
Rising Rates, Stagnant Income Growth Make Affording A Mortgage Difficult
The typical U.S. homebuyer spends $758 per month, or 15.8 percent of the median household income, on a mortgage. It’s the most buyers…
Places Where Retiree Homeownership Rates Are Improving
New Orleans's homeownership rate among older households jumped 8 percentage points since 2006
RSI Communities Invests $100 Million In Land Acquisitions In San Antonio And Austin
The plan is to build 1,000 homes with amenities such as White Shaker cabinetry, quartz surfaces, and walk-in showers
Gas Prices Contribute To A Large Increase In Consumer Inflation
The consumer price index, which measures the cost of living, rose by a seasonally adjusted 0.6 percent last month, the largest jump in…
