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
Market Data + Trends
Why a Growing Number of Americans Are Worried About a 2023 Housing Crash
A recent survey reveals mounting concerns about a 2023 housing crash, but housing industry experts aren't so worried
New-Construction Projects
Why New Rental Supply May Be Key to Lowering Mortgage Rates
Shelter inflation is taking the U.S. economy by storm. One way to lower housing costs is by building more apartments
Government + Policy
What the US Debt-Default Risk Means for the Housing Market
The debt ceiling deadline is just a few weeks away, and though unlikely, a U.S. default could spell trouble for the housing market
Financing
Why the Fed's Latest Rate Hike May Actually Be Good News for Homebuyers
The Federal Reserve announced yet another increase in its short-term rates this Wednesday, but mortgage rates are poised to fall in the months ahead
Housing Markets
Utah Named the Best State in America in 2023—Here’s Why
The Beehive State is home to stunning natural landscapes and a thriving economy, but it may not be the most affordable destination for budget-conscious homebuyers
Market Data + Trends
Could Falling Home Prices Push the Economy Into a 2023 Recession?
Why some housing experts say a market correction is far from over
Market Data + Trends
Why Today’s Market Correction Isn't the Same as the 2006 Housing Slowdown
The housing market is cooling after a period of red-hot home sales and record-high housing costs, but experts say this correction is vastly different from the one that led to the Great Recession
Market Data + Trends
Why Some Housing Experts Say the Market Is Bottoming Out
The U.S. housing market is slowing to a near-halt, and that soft landing could lead to a more stable economy in 2023
New-Construction Projects
What Are the Biggest Barriers to Affordable Housing Development?
These macroeconomic trends are stalling the creation of much-needed affordable housing units across the U.S.
Economics
Homebuying in a Recession—Is It Better to Wait to Buy?
An economic recession is leading to a slowdown in the rise of U.S. home prices, but does that mean now is a good time to buy a home?
