Economics Will Lower Unemployment Benefits Impact the Housing Market? The housing market’s recovery from the pandemic felt like a miracle, but it’s not over yet. Skyrocketing COVID-19 cases may lead to another...
Sales Mortgage Applications Continue to Rise, Up 19% Annually Homebuyer demand continues on an upward trajectory with total mortgage application volume rising 4.1% last week compared to the week before,...
Economics NAHB Urges Congress to Prioritize Housing in Next Relief Package With the next coronavirus relief package in the works, NAHB wants Congress to focus on assisting homeowners, renters, residential...
Economics Cities Have Thrived for 20 Years, Recent Crises Upend Their Growth For the past few decades, cities have flourished as young, educated workers entered in droves, fueling the economy and influencing politics....
Economics Has the Virus Resurgence Affected the Housing Market's Recovery? COVID-19 cases have surged recently, and it has already impacted the housing industry. For the week ending July 12, the amount of listings...
New-Home Sales Single-Family Starts, Permits Increased in June With low interest rates and high interest in homes, the demand for single-family starts and permits rose almost 12% in June. Single-family...
Economics Homebuyers Boost Recovery of Multiple Sectors Previously pent-up consumers are reaping the benefits of historically low interest rates, and fueling the economy by doing so. The car...
Sales Mortgage Rates Drop Under 3%, Breaking New Record Mortgage rates continue to break records as Freddie Mac announced a new low for the average 30-year fixed rate yesterday. The average 30...
Economics Rising Lumber Prices May Affect Home Affordability When construction returned in full-force, lumber mills were not prepared to meet the demand. And with heightened demand comes heightened...
Economics Home Sales Above Pre-Pandemic Levels, Mortgage Rates Drop Even Lower Record low mortgage rates helped push homebuyer demand past pre-pandemic levels for the week ending July 5. According to Redfin, home sales...
