All-Cash Purchases Made Up One-Third of Home Sales in July
The share of U.S. homes bought with all cash is still above pre-pandemic levels after a surge in all-cash purchases during a two-year housing boom
Home Prices Are Dropping, but Are Not Expected to Crash
Home prices are facing an imminent decline, likely caused by a surge in mortgage rates
Home Builder CFOs Report Strong Q2 Gains Despite Inflationary Pressures
Homebuilder CFOs are facing persistent headwinds from inflated material and labor costs, lingering supply chain challenges, and a more hesitant consumer base
Has Inflation Already Peaked? July CPI Report Reveals Stagnant Growth
After plateauing in July following consistent gains throughout much of 2022, the most recent Consumer Price Index has some experts wondering if the worst of an inflation storm is already behind us
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Business financials advice, reports, and trends for professional home builders and remodelers.
Housing Markets
Which States Are Attracting High-Earning Households and How That Affects State Financials
Households that make over $200,000 are in the minority, but their movement across states can make a significant difference
Housing Policy + Finance
Will Fannie & Freddie’s Conforming Loan Limit Increase in 2023? If So, By How Much?
Economists are watching sales and prices for what the new limits may be
Housing Policy + Finance
Falling Lumber Prices Reflect a Return to Normal for the Housing Market
Lumber prices benefited from the booming housing demand during the pandemic, but as demand slows, prices follow
Housing Policy + Finance
Is the U.S. Already in a Recession? What Does That Mean for Housing?
Inflation is increasing, the economy slumping, and many are worried that the U.S. is headed for another recession
Housing Policy + Finance
The Federal Reserve’s Efforts to Curb Inflation May Have Unexpected Consequences
The housing market is now seeing lower mortgage rates, but financial markets are expecting a recession in 2023
Housing Markets
The Most Expensive City for Renters May Surprise You
It’s no surprise that rental prices have increased during the pandemic, as inflation has spiked and people have had more flexibility to work remotely, says Jon Leckie, a researcher at Rent
Financials
Property Taxes Made Up Over One-Third of State and Local Tax Revenue in Q1 2022
Property taxes accounted for $672.9 billion in state and local tax revenue during the four quarters ending Q1 2022
Affordability
As the Housing Market Loses Steam, a Growing Number of Sellers Are Dropping Their Asking Prices
The Fed's most recent mortgage rate hike is putting a damper on home sales, and in order to attract remaining buyers, sellers are increasingly slashing their asking prices
Affordability
Consumer Confidence Dropped to 16-Month Low in June
Fast-rising inflation is putted increased financial pressure on Americans who are struggling to afford everything from gas to monthly mortgage payments
Financials
What's Driving the Recent Spike in Mortgage Rates?
The housing market appears to be cooling down in the wake of surging mortgage rates, but the Fed isn't backing off anytime soon
