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
Zillow’s Latest Report Dives Deep on Today’s Homeowners
Today’s average homeowner is Southern, 56 years old, married, and has some college education. And although demographics, and especially ones as …
Design
Multigenerational Living a Trend That's 'Here to Stay'
Living with your in-laws? Many would swiftly deny the offer, but an increasing number of young families are welcoming the idea of their parents…
Market Data + Trends
Buyers Want to Buy But Where Are the Starter Homes?
The supply of entry-level housing is at a 50-year low.
NAHB
Construction Excluded From New OSHA Standard
NAHB Policy Briefing | NAHB input on OSHA standard to protect workers from COVID-19; real estate values rise
Demographics
Majority of Young Adults Plan to Use Their Savings Toward Homeownership
A recent Zillow survey found three in five Millennials and Gen Zers will use their money saved during the pandemic toward a down payment on a home…
Housing Markets
Buyers, Renters Look to Sister Cities for More Affordable Housing
Increased freedom from the office has pushed many homebuyers and renters to seek more affordable areas, but they’re not going too far away. An…
Construction
Home Builders Ramped Up, Shortening Construction Time by 10 Days
The housing market needs homes fast and builders delivered, bringing home construction times down by 10 days in 2020 The Census Bureau’s 2020…
Housing Markets
Home Sales Drop in California for First Time Since February
California’s housing market cooled slightly in May, bringing somewhat of a relief to buyers, but in this market, any cooldown can be appreciated.…
Market Data + Trends
June Experiences Unexpected Influx of New Listings
The ongoing issue that has sparked price increases and incredible competition finally received some relief last month. Housing supply increased 5.…
Demographics
What States Are the Young, Wealthy Professionals Moving to?
The number of Americans moving homes each year has fallen from 42.6 million in 1999 to 31.4 million in 2019. Younger Americans are most likely to…