Financials Single-Family Home Prices Are Rising Across the U.S. Home prices are reacting just as they should to the historically low housing inventory, interest rates, and high buyer demand. For 2020’s...
Sales Housing Supply Falls to New Low While Prices Hit New High For the third time in four months, the national median home price hit a new all-time high. In July, median home prices increased by 8.2%...
Economics Builder Confidence Jumps Again, But Lumber Prices Threaten Momentum Builder confidence for the newly built, single-family home market reached its highest point in 20 years this month. Rising lumber prices may...
Financing Mortgage Rates Decline, But Credit for Builders Tightens The second quarter brought upon tightening credit for builders and developers, NAHB reports. The association’s survey on financing for...
Economics Demand for Single-Family Rentals Presents Opportunities for Builders Single-family rentals are poised to become severely undersupplied over the next decade, presenting a great opportunity for builders. RCLCO...
Financials Mortgage Rates Drop Again, But May Soon Reverse Course Record low mortgage rates have had a good run, but it may be coming to an end, CNBC says. Last week looked good for mortgage rates, which...
Sales Buyers Are Snatching Up Homes in Record Time The housing market seems like a revolving door for new listings, with homes coming and going at a fast pace. Redfin found that in the four...
Economics More Urbanites Searched for Suburban Homes in Second Quarter During the second quarter of the year, suburban home searches by city dwellers in the 100 largest metro areas increased to 51%, the highest...
Economics Housing Industry Growth Stifled as Lumber Prices Soar The demand for single-family homes remains a promising spot for the economy, but expensive lumber prices may limit what can be done to meet...
Sales Leading Single-Family Landlord Wants 80,000 More Suburban Homes Leading single-family landlord Invitation Homes reported higher occupancy rates and revenue than predicted for the second quarter. Now, the...