Federal Reserve Bank Leaders Express Worries About Housing Market
The Federal Reserve has been closely watching the housing market and some are more nervous than…
Federal Reserve Will Not Taper Monthly Bond Purchases Just Yet
The National Association of Home Builders expects the Federal Reserve to announce a tapering of…
When Will the Housing Boom End?
The housing boom will end in 2022, at least that’s what economist Bill Conerly says. What will put…
Home Builder Profitability Reached Highest Level on Record
Last year’s net profit average for builders reached the highest level since management consulting…
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Business financials advice, reports, and trends for professional home builders and remodelers.
Economics
How the Stock Market Could Impact Buyers
Anxieties over the rising COVID-19 delta variant caused the stock market to go red yesterday, and it could begin to affect homebuyers. Experts…
Building Materials
Other Building Materials Keep Costs Up as Lumber Prices Fall
The National Association of Home Builders estimated the cost of lumber added $35,872 to the cost of a new single-family home back in April. Now…
Economics
How Does Inflation Affect the Housing Market?
The Bureau of Labor Statistics' monthly consumer price index found the cost of shelter increased 0.5% from May to June and up 2.6% compared to…
Affordability
Home Prices Outpace Income, Dropping Housing Affordability Rates
Monthly mortgage payments increased by 20% in May as family incomes increased by a comparatively meager 1.2%, according to the National…
Financials
More Than Half of Buyers Now Put Down 20% or More
Buyers hoping to distinguish themselves amongst a pool of bidders are increasingly putting down more cash and waiving inspection and appraisal…
Economics
The Federal Reserve Anticipates Rising Interest Rates in 2023
In Federal Open Market Committee meetings this week, Federal Reserve members said interest rates will likely rise twice in 2023. Interest rates…
Financials
Managing Rising Construction Costs: Insurance
Builders and remodelers may be subjected to coinsurance penalties as a result of rising building material prices if they do not make changes to…
Built for Rent
Single-Family Rents Experience Highest Increases in 15 Years
With home prices reaching new heights, demand for single-family rentals is booming, pushing rental prices up with it. Rent for single-family homes…
Economics
What Rising Inflation Means for the Housing Market
Price inflation increased 5% last month compared to 12 months ago, and its effect on housing could worsen the highly competitive market. The 5%…
Financials
Collective Home Values Increased $2 Trillion in 2021 So Far
Historic increases in home values added tens of thousands of dollars to the average homeowners’ equity. CNBC reports equity advanced 20% during…
