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
Labor + Trade Relations
Construction Jobs Grew in May
According to the National Association of Home Builders, construction jobs were up 3% year-over-year nationally in May, well above…
Economics
The Next Housing Downturn—Is It Too Late to Get Your Business Ready?
It’s time to get up, splash some cold water on your face, and stare down that previously confident image in the mirror. Are you ready for the downturn?
Business Management
How to Successfully Pivot in a New Housing Market [Podcast]
In the New Home Insights podcast from John Burns Real Estate Consulting, John Burns discusses successfully pivoting as the…
The Housing Crisis Is Coming for the Middle Class
Curbed reports that new research shows the lack of affordable housing is slowly trickling up to affect the middle class.
…How the Tax Cuts and Jobs Act Is Affecting Housing
John Burns Real Estate Consulting reports that the 2017 Tax Cuts and Jobs Act will likely benefit the majority of homeowners and renters.
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Mortgages and the International Trade War
Turmoil in the stock and bond markets due to the escalating trade dispute between the U.S. and China pushed down interest rates for home loans.…
Mortgage Rates Dropped But So Did Home Sales
High prices and a tight supply still dog existing U.S. home sales despite a decline in mortgage interest rates.
Sales slipped 0.4% in…
The Amazon Effect: A Rabid Sellers’ Market
Arlington, Va., is a sellers’ market thanks to Amazon’s announcement almost seven months ago that it will open a second headquarters in the…