The sale of new homes dipped in March with builder confidence diminishing, as builders continued to struggle to complete homes under construction due to a shortage of materials.
Read More »Gain in March Housing Starts Driven by Uptick in Construction
Led by a double-digit gain in multifamily activity, housing permits rose 0.4% from February, and were 6.7% higher year-over-year.
Read More »Education Is a Key Predictor of Future Homeownership
While the consistent and mounting pressure of student loan debt has been holding many back from purchasing a home, possessing a bachelor's degree is still largely seen as a stepping-stone to entering the housing market. The number of adults that ...
Read More »First-Time Buyers Continue to Feel Supply Chain Impact
As new home sales experienced a decline in February, the 20.4% rise in building materials year-over-year is being passed on to the consumer and pricing many out of the market.
Read More »Home Construction Still Affected by Supply Chain Issues
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts in February hit 1,769,000, 6.8% above the revised January estimate of 1,657,000. ...
Read More »Where Do Homeowners Pay the Most for Insurance?
A new report reveals Americans spend an average of $2,148 for a homeowners policy of $500,000.
Read More »Ambitious Buyers Continue to Capitalize on Low Rates
For the third consecutive month, single‐family houses rose, as buyers cash in on low rates before a predicted hike in the coming months.
Read More »Home Construction Stunted by Supply Chain Issues
Housing starts may be on the rise, but supply bottlenecks and labor scarcity are impacting the pace of home builders.
Read More »Homeownership Remains Key Asset to Americans’ Bottom Line
Homeownership continues to serve as the primary source of wealth accumulation for most middle-class households, according to a new report.
Read More »Homebuilders Maintain Positive Outlook
Despite lingering supply issues, housing permits increased to an annual pace of 1.65 million in October, a positive sign for home builders to close out the year.
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