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
Economics
Apartments and Condos Lift Housing Starts
Single-family starts were down 2.8% for August while overall multifamily starts was up 21%.
Economics
Steady Housing Market Expected as Foreclosure Protections Expire
Few experts polled anticipate foreclosed homes will be significantly adding to housing inventory.
Economics
How Much Longer Will the Housing Market Be Out of Whack?
How much longer will first-time home shoppers lose their bids to investors and the wealthy who offer more than the listing price and pay in cash?
Market Data + Trends
Survey Finds 67% of Americans Have Some Buyer's Remorse
NerdWallet says buying a home today could likely lead to regrets as buyers continue to dish it out over a small selection of high-priced homes.…
Building Materials
Building Material Prices Dipped in August
August marked the first month of building materials price drops this year, decreasing 1%, according to data from the Bureau of Labor Statistics.…
Economics
Student Loans Keep 29% of Americans From Becoming Homeowners, Survey Finds
While many Americans were economically devastated as a result of the pandemic, others fared much better. In a new survey by the National…
Economics
Builders Struggle to Narrow the Housing Deficit
Builders simply can’t afford to produce more and cheaper houses
Economics
How Can Buyers Know if They Paid the Correct Amount?
With home prices reaching historic highs, many who purchased decades ago are seeing homes going for the same price they paid, leaving them with…
Building Materials
The Building Materials Posting the Highest Price Growth
The prices of goods used as inputs to residential construction increased 19% year-to-date according to the latest data from the Bureau of Labor…
Economics
Expiration of Mortgage Bailout Programs Unlikely to Cause Foreclosure Crisis
The number of enrollments in mortgage bailout programs has dropped fast and many homeowners continue to see their home values rise. The number of…
