Mortgage Rates Are Up but New-Home Sales Still Solid in March
Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March
Who's Earning What in Construction
Workers in construction management roles may earn a higher median wage, but on average, lower-paid occupations have experienced somewhat faster wage growth
Build-to-Rent Is Booming, Particularly in These Metros
A recent report finds that the Phoenix metro leads with more than 4,000 build-to-rent units completed in 2023, and Texas is the leading state for build-to-rent development
Which Green Building Practices Are Home Builders Using Most?
A recent report reveals which green-building practices are most popular among single-family home builders and remodelers
Single-Family Permits Show Increase in February
Year-to-date ending in February, single-family permits were up in all four regions of the U.S.
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024
Market Data + Trends
Larger and Farther Apart Gaining Popularity
Six in ten adults prefer to live in a community with larger homes and where retail stores and schools are far away.
Market Data + Trends
Home Purchases by International Buyers Decline
The buyer pool, which was reshaped by global travel restrictions, also shifted during the pandemic. The top country for those buyers was Canada, followed by Mexico.
Market Data + Trends
It’s Not Just the Pandemic That Is Making Home Buying Tough
The housing market is ill prepared for the 72 million Millennials who are in their prime purchasing years.
Market Data + Trends
Why We Won’t See a Housing Market Crash
There’s one reason in particular that really stands out. A supply glut is unlikely to return anytime soon.
Market Data + Trends
Home Prices Shatter Another Record
Home prices posted their largest annual gain since the S&P CoreLogic Case-Shiller index started tracking home prices in 1987.
Market Data + Trends
First-Time Buyers Continue to Battle Tough Competition
When homes went flying off the market for all-cash, over asking offers, the Taylor family were at their wits end. It had been months of searching…
Multifamily
Rental Units Make Up Majority of New Multifamily Construction
Rental units made up 95.2% of all multifamily construction starts for the second quarter of this year, a likely response to the shifting demand…
Financials
What the Rise of iBuyers and Fin-tech Companies Means for Buyers
Cash sales accounted for 23% of all home sales in July this year, helped by an increasing number of iBuyers and financial technology companies…
Housing Markets
The Most Expensive Rental Market in the Country is...
New York City now holds the title as the most expensive rental market in the country, snagging the top slot from long-term holder San Francisco.…
Market Data + Trends
The Fall Season Likely to Welcome Falling Competition Levels
Real estate experts predict a cooler fall housing market, but competition will remain hotter than usual. Realtor.com says experts forecast an…