HUD and the Census Bureau report that single‐family housing starts in June were 8.1% below May’s figure, as builder confidence continues to fall.
Read More »Economic Forces ‘Taking a Bite Out of Homebuyer Budgets’
New data from Redfin shows inflation and high mortgage rates continue to hinder homebuyer budgets, as pending sales continue to slip.
Read More »Renters Living Larger in Smaller Cities
Amid ongoing affordability issues and an unpredictable market, renters can get the biggest bang for their buck by renting in smaller cities like Amarillo, Texas; Little Rock, Arkansas; and Oklahoma City.
Read More »Builder Confidence Sinks for Seventh Month
NAHB has found buyer confidence dipping over 10 points in July, the second largest drop on record, only eclipsed by a 40+ point decline at the onset of the pandemic.
Read More »Median House Sales Prices Decelerated in June
Median sales prices, up both month-over-month and year-over-year, slowed a bit in June, increasing by less than 1%.
Read More »Firing Up Marketing Efforts as the Market Cools Down
Mortgage marketers are beginning to lean more heavily on lead providers to maintain volumes, but Rob Rokoff of Verisk Marketing Solutions explains that there are privacy and regulatory issues to navigate.
Read More »Demand Dampens, Market Shows More Signs of Cooling
The number of homes for sale nationwide in June rose 2%, the first annual increase since July 2019 —according to a new report from Redfin. Supply has built ...
Read More »Confidence in Remodeling Market Wanes
The National Association of Home Builders (NAHB) released its latest Remodeling Market Index which covers the second quarter of 2022. As of this quarter, confidence has declined 10 ...
Read More »The Week Ahead: FHFA Takes Center Stage at House Committee Meeting
Testifying on Capitol Hill, FHFA Director Sandra L. Thompson will be discussing the impact of the Agency on the progress of equitable housing for all nationwide.
Read More »Midwest Region Providing Ample Opportunities for Renters
Kansas, South and North Dakota, top list of the best spots for renters to get the best deal for their dollar.
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