March Housing Starts: Sluggish Start to Spring Home Building
March typically shows a rebounding of housing starts and permits from the winter blues. But with affordability pressures mounting, home builder activity is once again retreating this spring.
December 2022 Case-Shiller Results & Forecast: Steady Decline
Home prices continued to cool off at the end of 2022.
The backlog of new construction homes continues to emerge into the market just in time for the spring shopping season.
Black Owned Home Values Appreciated the Fastest During the Pandemic
Black Americans’ housing wealth has made strides, but remains well below that of the typical U.S. household
January 2023 Existing Home Sales: A Full Year of Slowing Sales
January brought another month of dismal home sales - now declining for twelve straight months and at the lowest level since 2010.
January Housing Starts: Housing Permits Slightly Rebound With Lower Rates
Homebuilders responded to the interest rate drop in January, increasing not only builder confidence for the first time in over a year, but also slightly increasing housing permits in January from December. With mortgage rates back up in February, it’s likely that this momentum will be short lived.
November 2022 Case-Shiller Results & Forecast: Steady Decline
Home prices continued cooling off in November as the fall freeze took over the housing market.
Three Roommates or Four Jobs Needed to Afford a Two-Bedroom Rental on Minimum Wage
Rent affordability is better in cities with higher minimum wages, even in expensive markets.
New Home Sales: New Sales Slipping Further from Peak
The housing market cooled off during the fall and early winter of 2022, and new home sales followed suit with new sales lagging far behind 2021 and setting back closer to pre-pandemic levels.
Updates to conforming loan limits mean 2 million U.S. homes no longer require a jumbo loan
This could open up more home options for buyers shopping at higher price points and hoping to avoid the additional fees of a jumbo loan
