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
Residential Construction Expected to Pick Up in 2020
Want news that will help extend the holiday cheer all year long? Recent housing stats exceeded expectations, and 2020 is expected to be even…
Prices Heat Up as Housing Supply Hits Record Low
With mortgage rates low and the job market strong, Americans are ready to buy homes. The one thing missing from the equation? The houses…
U.S. Economy Started and Ended Decade Without Recession for First Time in History
What does not kill you makes you stronger. The 2010s may not have been the strongest economic decade, but it definitely makes the list of best…
Housing Market Will Champion 2020 Economy
For the first time in years, the housing market will get its day in the sun, according to Fannie Mae’s Chief Economist. With forecasted increases…
Labor Market Is Strong, But Mortgage Rates Won’t Budge
Strong employment figures usually push rates up. But this time, according to Zillow, the mortgage rates are…
Falling Housing Inventory Leads to Price Increase in November
For those interested in brushing up on economics, November’s housing market was a classic case of supply and demand. Housing prices increased by…
Annual Home Value Growth Reaches Near 6 Year Low
Looks can be deceiving: Annual home value growth is slowing down, but that is not necessarily bad news. Instead, the gradual slowdown may be a…
No Signs of Recession in November Housing Market Data
Housing starts are up. Permits are up. But some are scared that this growth will lead to another recession. “Don’t overthink it” is CNBC’s Mad…
The Giant Ponzi Scheme Holding American Cities Captive
No, America’s largest scam is not the multi-level marketing scheme your aunt keeps pestering you about on Facebook. It’s bigger than candles or…