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
Homeownership Rate Reaches 63.7 Percent, Remains Historically Low
Even after two consecutive quarterly gains, the U.S. homeownership rate remains at its lowest point in 50 years.
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Cities With The Highest Home Value Growth
Healthy job markets and historically low mortgage rates have improved home prices, especially in popular mid-size markets such as Denver…
Affordability Cited As Top Reason For Not Owning A Home
The homeownership rate is at its lowest since the early 1960s, and anxiety over student loans and down payments aren’t helping
Land Restrictions, Homeownership Subsidies Have Pushed Down Mobility Rates
Only 5 percent of homeowners moved in 2016, down from 9.5 percent in 1988, according to new data from the U.S. Census. Also, only 11…
Household Formation Growth Indicates Shift In Homeownership Rates
The national homeownership rate dropped to 63.7 percent, but more new households are owner-occupied
West Coast Cities Have Lowest For-Sale Housing Inventory In The U.S.
Half of the top 10 cities with low inventory, including Seattle and Eugene, Ore., are located in that region
Single-Family Construction Spending Dips In December
Total private residential construction spending grew 0.5 percent in December to a seasonally adjusted annual rate of $466.9 billion, but…
Blackstone Takes Its Rental Housing Operator Public
Invitation Homes, a single-family rental company under the Blackstone Group, went public Tuesday and earned more than $1.5 billion in…
February Is The Most Affordable Month For Homebuying
With a median selling price of $104 per square foot, homes sell at a 6 percent discount in February compared to the rest of the year.…
Texas Has The Most Family Friendly Housing Markets
With low costs of living and good schools, many of the best places to raise children are in Texas.
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