Tag Archives: U.S. Census Bureau

Continued elevated demand and the high cost of building materials are impacting mortgage applications for new homes for the second consecutive month.

As the nation continues to struggle to keep up with housing demand, more Americans are deciding to ride out the storm and not give into exorbitant prices on limited inventory.

Nationwide, home prices continued to accelerate in the month of March, with most of the nation’s major cities showing major gains.

With the demand for homes at an all-time high, new construction has been dampened by a drop in the number of workers.

The median price of a home continues its month-over-month upward trajectory, as inventory shortages continue to factor into homebuyer decision-making when pursuing the American Dream.

Low rates and tight inventory is equaling a greater return for sellers, as more homebuyers are dipping deeper into their pockets to land the home of their dreams.

After weeks of trending downward, mortgage rates began to climb this week with more finding it difficult to find a home amid a nationwide shortage in supply.

In what Midwest market did the average home spend just four days on the market in April? Read on to find out.

April brought month-over-month declines in housing starts, as demand continued to drive builder confidence.

Despite the rising cost of building materials and poor February weather, housing starts took off in March reaching new 15-year highs.