A new study of home building employment finds that of the 10.3 million Americans working in construction in 2017 (the most recent data available), more than 4 million worked in residential construction, or 2.6 percent of the nation's civilian labor force
As more developers turn to micro units and tiny homes as a way to solve the affordability crisis, they’ll need architectural tricks and stylish compact products for their kitchens and baths. We’ve found some that will fit right in.
According to Freddie Mac's latest data, the 30-year fixed-rate average hit 4.17 percent, up five basis points over the previous week and down 30 basis points annually.
The Silent Generation, aged 73 to 93 years, was the smallest homebuying age cohort in 2018, with a seven percent market share. These buyers are most likely to buy a home to be closer to friends and family.
The nation's housing markets, even in the priciest ZIP codes, are shifting in advantage toward home buyers after years of favoring sellers. Year-over-year, 10 times as many of the 100 biggest U.S. metros now favor buyers.
Home prices in Los Angeles, Orange, and San Diego counties in California fell in March 2019, the first annual decline for LA and San Diego counties since 2012, and the third for Orange County since December 2018.
JPMorgan Chase and Wells Fargo recently released their latest earnings reports, showing that mortgage originations and lending had double-digit drops over the previous year, and JPM CEO Jamie Dimon told analysts, “Non-banks are becoming competitors."
Along with billions of dollars in new investments from companies like Amazon, Nashville is bringing in about 100 new people per day. Local leaders recently spoke at the Urban Land Institute's Spring Meeting in Music City.
A new study of Baby Boomers' median debt balances in the 100 biggest U.S. cities finds that it's bigger in Texas. Houston Boomers had the highest median balance in the study, $31,626.
Experts say that remodeling spending is set to slow down in the U.S. through the first quarter of 2020, projecting annual growth will decelerate from seven percent this quarter to 2.6 percent in Q1 2020.
