NAHB Lumber Prices Hit Another Record High NAHB Policy Briefing | Rising lumber cost continues to push up the price of single-family and multifamily homes; tracking consumer preferences for a home office vs. home gym
Construction Construction Sector Unemployment Rate Increased in May Overall unemployment decreased in May down to 5.8% with the addition of 559,000 workers. Unemployment in April hit 6.1% with just $278,000...
Economics Real Estate Blogger Who Predicted 2007 Crash Shares Predictions for Today’s Market The housing market may be leveling out as recent housing metrics slow. It's been reported all year that housing statistics are breaking...
Economics Unprecedented Economy Rebound Even Stumps Economists The U.S. economy’s rebound has proved to be confusing, to say the least. High unemployment meets businesses unable to find workers, prices...
Building Materials Single-Family Builders Report Material Costs Are Up 26% on Average A recent survey of home builders found that on average, building material costs have increased 26.1% during the past year. The National...
Economics Buyers Pull Back on Mortgage Applications for Second Week Despite lower mortgage rates, applications for a mortgage to purchase a home were lower than one year ago for the second consecutive week....
Economics Regulatory Costs Increased 44% in 10 Years Regulation costs are 11% higher today than five years ago, accounting for $93,870 of the final price of a new single-family home on average,...
Market Data + Trends Fact or Fiction: Debunking Theories Behind the Housing Shortage Theories behind the highly competitive housing market range from years of underbuilding to sellers reluctant to list—but are all these...
Market Data + Trends A Quarter of Existing Homes Sold in April Went to All-Cash Buyers A quarter of existing home sales in April were all cash, leaving first-time buyers with little leverage during the most competitive spring...
Market Data + Trends Zillow Says Home Prices Will Rise Through 2022 From this year to next, Zillow economists predict home prices will continue rising but sales will take a slight hit. Economists forecast a...