Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July,…
Posts published in “Markets & Economy”
The number of Redfin.com users who searched for a property outside of where they currently live rose to 31.1 percent during the second quarter, up…
There is no doubt that the market is slowing. The big question is, “Are we seeing the normal summer slowdown, or is this the long-anticipated…
The increase in housing starts is a welcome gift, but experts say builders aren’t yet betting recent improvements in materials costs are here to stay…
Rent prices rose 6.6 percent from this time last year, according to the latest CoreLogic Single-Family Rent Index report released on Tuesday. Source: Inman News
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels. Source:…
Economists at Fannie Mae are again sounding warnings that rising rents and record home price appreciation could contribute to long-lasting inflation that leads to earlier,…
Mortgage lenders tightened underwriting standards in June, undoing much of the easing seen over the last six months as initial fears about the long-term impacts…
As the official start to summer approaches, agents say the market is less chaotic than a few weeks ago, and more high-end luxury properties, in…
A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals. Source: Inman News