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
Construction
Record Share of Homes on the Market Have Yet to be Constructed
According to the Census Bureau, 307,000 homes were listed for sale at the end of January, but only 13.7% of those homes are built. As record low…
Market Data + Trends
Where Do the Millionaires Live?
The number of million-dollar earners is on the rise, with less than three in every 1,000 taxpayers earning more than $1 million in 2018, according…
Market Data + Trends
Pandemic Gives Way to Record Rise in Multigenerational Living
The share of multigenerational homebuyers advanced from 11% to 15% during the pandemic, pointing toward another trend resulting from the pandemic…
Design
Back to the Basics: Tips for Designing an Authentic Home
Designers say authenticity sells when it comes to streetscapes and elevations, but how can a builder construct an authentic design? Architect Tom…
Market Data + Trends
Home Prices Jumped Double-Digits in December, Highest Pace Since 2013
Despite being known as the slowest month for the housing market, December home prices advanced 10.4% from 2019 to 2020. This marks the highest…
Market Data + Trends
Widespread Vaccinations Would Make 14 Million Homeowners More Comfortable Moving
Half of the respondents to Zillow’s recent survey say they would be largely comfortable with moving homes now, while 70% said they would feel…
Market Data + Trends
Existing Home Sales Inch Forward in January
Existing home sales inched forward last month, but the same could not be said of housing inventory, which remained 26% lower than last year.…
Regional Builders
Californians Are Fleeing the Golden State—What’s Keeping its Housing Market Strong?
Despite residents escaping California’s high housing costs and fleeing to nearby states, its southern market remains resilient, with homes selling…
Market Data + Trends
Home Values Increase Up to 9% Year-Over-Year Nationwide
Zillow’s January market report shows steady growth for home values, shortened listing time, and a strong year for home sales. Home values…
Design
Homeowners Want More Privacy—Here’s How Builders Can Help
A recent survey by John Burns Real Estate Consulting revealed that many homeowners are concerned about a lack of privacy, both inside and outside…
