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
12 Markets With the Highest Property Tax Growth
According to Attom Data Solutions, average property taxes on a…
Housing Markets
High Cost of Living in the West
"Go West, young man, go West and grow up with the country." Or, so the saying goes. But the…
Trends
FHA Revisions Expected to Reduce Risky Loan Approvals
Recent changes to Federal Housing Administration (FHA)…
Business Management
Transferring the Boom
The Silver Tsunami is coming for many smaller and mid-sized businesses in the U.S. as Baby Boomers retire. Massachusetts is encouraging Boomer…
Rate Uptick, Buyer Setback
Overall mortgage application volume was down 5.6 percent week-over-week,…
Sales
How Many First-Timers Are There?
Trying to nail down how many first-time buyers are active in the housing market is not always the easiest. New York Federal Reserve researchers…
Market Data + Trends
Sidestepping Starter Homes
The real estate market is increasingly pricing out many Americans from homeownership, particularly Millennial buyer hopefuls.
As a result…
Property Tax Growth
New analysis of property tax data finds that Silicon Valley homeowners have had the biggest tax bill increase in the U.S. from 2007 to 2017. …