A recent NAHB member poll found that building materials remain a big challenge for home builders, but new issues are coming to the forefront.
Read More »Learning to Pivot
As the population continues to grow and single-family home builds slip, multifamily builds and build-to-rent are hitting historic highs.
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 »New Home Sales Pick Up Strength in May
Sales of new single‐family homes in May rose to 696,000, a 10.7% month-over-month rise of April’s recorded total of 629,000.
Read More »Will 2022 Break as Many Housing Records as 2021?
The record-breaking year that was 2021 seems to be a one-off performance, as the 2022 market is experiencing the upward creep of mortgage rates compounded with record-high prices, which is only adding to affordability issues.
Read More »Open Banking Data Pushes Mortgage Underwriting Into Digital Age
Examining the evolution of mortgage underwriting and how Freddie Mac Loan Product Advisor acceptance of direct deposit data can enable digitization through open banking.
Read More »Housing Starts Decline Slightly in April
The rise in mortgage rates and inflationary concerns are impacting new residential construction, as borrower costs continue to force many prospective buyers to the sidelines.
Read More »Stalled Construction Projects Up Nearly 50%
New Census data has found that a spike in the cost of raw materials and continued supply chain issues has driven up the number of home construction projects that were authorized but not started.
Read More »Game of Homes
As the quest for the American Dream continues, homebuyer competition intensifies amidst rising rates, record high prices, and insufficient inventory.
Read More »Housing Starts Edge Upward Month-Over-Month
Despite lingering supply chain concerns, there were 811,000 single-family units under construction in March, marking the highest level since 2006.
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