Continued shortages in building materials, labor, and land contributed to a monthly decline in October new housing starts.
Read More »The Average Home Down Payment Crosses $100K in California
A new analysis by LendingTree has found that the average down payment has kept pace with record-high home prices, with some down payments coming in at 88% of the median area income.
Read More »Virginia Tops List for First-Time Homebuyers
A new study ranks three separate cities in Virginia as the best places for first-time homebuyers. The study compares 300 cities of varying sizes, scoring them in 22 separate categories.
Read More »Where Are Older and Younger Americans Settling?
An analysis of Census Bureau data has found that older homeowners are heading to the Sunshine State, while younger homeowners are calling the Lone Star State “home.”
Read More »New Home Sales on the Rise in July
The Census Bureau and HUD have found new home sales slowing in July, rising slightly over June’s totals, and limited by multiple supply-side headwinds.
Read More »Builder Confidence Sinks to 13-Month Low
Increased costs and a bottlenecked supply chain have resulted in a dip in home building, even putting a hold on some new home sales.
Read More »Supply Constraints Holding Back Potential Sales
With a 6.6% monthly drop-off, sales of new single‐family homes fell in June, as builders continued to feel the squeeze of an uptick in labor and material costs.
Read More »Remote Work Drives Interest in Second Homes
The demand for vacation and second home sales is outpacing the overall growth in existing-home sales, according to a new survey.
Read More »New Home Purchase Apps Dip in May
Continued elevated demand and the high cost of building materials are impacting mortgage applications for new homes for the second consecutive month.
Read More »Low Inventory Drives Down Mortgage Apps
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.
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