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
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.
SmartAsset…
It Takes Longer To Break Even When Owning Instead Of Renting
The Breakeven Horizon from Zillow, which measures the amount of time a person needs to live in a home before buying is…
Construction Labor Shortage Holds Back Possible Home Building Boom
A recent survey found that 200,000 construction industry jobs across the country are unfilled
Overall Mortgage Volume Falls Last Week
In an uncertain political climate, the mortgage industry took a few hits last week.
CNBC reports that…
Builders Could Bring Home Construction Boom To Red-Hot Dallas
Home prices in Texas are expected to rise 31 percent over the next three years, and Dallas is shaping to be the hottest market in the…
Las Vegas And Atlanta Among Most Affordable Cities For Renters
Renters are typically advised to spend no more than 30 percent of their income towards housing. At 21 percent, the average renter in…
Single Women Outpace Single Men At Buying Homes
Of homebuyers last year, 17 percent were single women, while only 7 percent were unmarried men
Loan Product Allows Buyers To Trade Future Equity For Down Payment Help
For buyers who just want a home, aren’t overly concerned about equity, and are having problems saving for a down payment, Unison Home…
First-Timers Account For Nearly One-Third Of All Home Sales Last Year
Job growth, improving incomes, and low mortgage rates for most of the year led to a rise led to a rise in the share of first-time buyers…
How Long It Takes To Save For A Down Payment In The 15 Largest Cities
The average buyer in San Antonio needs only two and a half years to save up money for a down payment on a house. The same person would…
