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
Low Supply Pushes House Prices Higher
The median price of an existing home increased in 89 percent of all U.S. metro areas over the last year, according to Realtor.…
Landlords In New York City Offer Perks To Fill Vacant Apartments
More than 30 percent of new rental leases in Manhattan and Brooklyn have giveaways such as free rent or brand-new appliances.
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Hot Cities With Fast-Growing Suburbs
House prices are rising, but still remain affordable, in suburbs in popular, expanding metros
Renters In Expensive Cities Have Reason To Oppose New Market-Rate Developments
Unlike homeowners, who have a stake in property values and oppose new housing that could depreciate their own investments, renters are…
Americans Are Too Optimistic About Their Homeownership Plans
A report from Bankrate found that a whopping 59 million people in the U.S. are considering purchasing a home this year. Of that number,…
10 Markets Where Supply Isn’t Meeting Demand
Several major housing markets in the South and in Texas are short on homes at a price point that buyers are looking for.
…Best Places To Buy A Home For Less Than $250,000
Plenty of cities across the nation have strong job markets, low costs of living, a friendly community atmosphere—and homes that sell for…
Rising Mortgage Rates Will Be The Biggest Housing Trend This Year
Experts say affordability, inventory levels, and home value growth will be affected by higher rates
Most New Homes Sales Were Conventionally Financed Last Year
According to a quarterly sales report from the Census Bureau, 70.8 percent of new home sales were financed with conventional products…
Vancouver’s Foreign Tax Turns Seattle Into Haven For Chinese Buyers
After the Canadian province of British Columbia enacted a 15 percent tax on foreign buyers, prospective Chinese investors set their…
