The total supply of homes for sale rose 15% year-over-year during the four weeks ending December 4— the biggest uptick on record—but very few buyers are being lured in by falling mortgage rates
In order to encourage young adults to consider careers in the skilled trades, a builder, a plumber, and a lumberyard are providing educational resources to high schoolers across America
Early predictions for the 2023 housing market are all over the map, but experts agree that the speed of home sales depends on the trajectory of mortgage rates in the near future
The residential construction industry is still confronting a series of hardships left behind by the devastating COVID-19 pandemic, but a housing correction is creating new hurdles as well
As high mortgage rates take center stage in 2023, home sales could fall to their lowest level since 2011, and home prices will likely follow a similar downward trajectory
With rising shares of home price reductions, high relative housing supply, and mortgage and rent affordability, these metros offer a starting point for budget-conscious first-time homebuyers
To refill the construction labor pool from the fallout of the Great Resignation and combat the skilled labor shortage, home builders must adjust their approach to attract and retain a skilled workforce
