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Tag Archives: Homebuying

The Week Ahead: Could Single-Family Construction Continue to Rise?

On Monday, the United States Census Bureau will release its Construction Spending study for February 2017. The report will cover all areas of construction, including single-family residential. The previous study, for January 2017, revealed an increase in single-family construction, both month-over-month and year-over-year. Did this trend of growth continue?

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Analysis: Better Schools, Housing Prices Require Longer Commutes

For families wanting affordable housing and great school districts, an analysis by the New York Times shows it’s going to require a longer commute. There are suburban “sweet spots,” the article posits, but they’re further out from cities like Boston, Chicago, and New York. Lexington, Massachusetts, was just one of these sweet spots mentioned.

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Prospective Homeowners Say Buying a Home is Stressful

Buying a home in today’s competitive market is stressful, according to 72 percent of participants in a recent survey. Fears include losing earnest money, not finding a home in their budget range, and becoming involved in a bidding war. Prospective homeowners said they spend 1 - 3 hours a day in their search.

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Home Inventory’s Effect on Consumer Confidence

Fifty-six percent of renters feel that now is a good time to buy a home, which is down from 57 percent last quarter, and down even further from 62 percent a year ago. Comparatively, 80 percent of homeowners feel now is a good time to buy.

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Millennials are Making Their Move

Some recent analysis has suggested that millennials are hesitant, or unable, to become homebuyers. But they might not be as hesitant or unable to buy a home as some think.

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