Remodeling Remodeling Demand Surges as Homeowners Choose Not to Sell Rising mortgage rates and waning inventory are creating a financial incentive for current homeowners to stay in place and remodel
Affordability Closing Costs Are Reaching New Highs The latest roadblock in an ongoing affordability crisis is the result of soaring closing costs on home purchases, making it difficult for first-time buyers to close on home sales in an already pricey market
New-Home Sales Homebuyer Demand Drops During Spring Holiday Season The Easter holiday slowed buyer demand ahead of another possible cooldown during the spring season
Manufacturers + Suppliers Home Builders Are Feeling the Supply Chain Aftershock of the Russia-Ukraine Conflict The war in Ukraine is cutting off essential commodities and leaving builders to contend with backed up supply chains
Environmental Americans Are Relocating to Climate Havens to Escape Extreme Weather Those living in climate danger zones are migrating to safe haven metros in the Northeast and Midwest
New-Construction Projects Homebuying Woes Remain Despite Highest Construction Rate in 5 Decades New home construction projects are surging beyond 1 million, but that doesn’t mean buyers are moving in anytime soon
Market Data + Trends Nationwide Asking Rents Climbed 17% To an All-Time High in March Asking rents are rising in the double digits, and some metros are even seeing gains up to 40%
New-Construction Projects Fewer Buyers Are Looking for New Construction as Prices for Building Materials Rise Inflated prices for building materials are pushing new home construction out of reach for budget-conscious buyers
Women in Construction San Francisco’s Mission Rock Academy Is Recruiting Women Into the Skilled Trades The five-week training program is creating a bright future for women in the construction workforce
New-Home Sales March Home Sales Dropped as Inventory Dwindled and Prices Soared For-sale homes were in short supply during March, but even those who managed to find pockets of inventory were held back by elevated prices
