They Don’t Build Them Like They Used To: The New Construction Shortage
If permits were issued at historic rates (defined on a per incremental capita basis) over the last 10 years, there would have been some 2.3 million more single-family homes built nationwide.
List of $1M (Home Value) Cities Could Grow by 23 in the Next Year
Only 197 cities of more than 10,000 analyzed have a median home value of $1 million or more. Another 23 cities are expected to join the list in the coming year.
The Rentership Roller Coaster: Most Cities Gained Renters, Despite a Pre-Recession Dip
Since the turn of the millennium, nearly all of America’s 50 largest cities have seen a rise in their rentership rates, the percentage of homes that are rented rather than owned. In all but a few of these cities, the ascent has been far from smooth.
Home Values Grew Most in Markets With Strictest Land Use Regulations
Home values and job growth have both risen since 2010, but home values grew much more steeply in metros with stricter land use regulations.
Mortgage Rates Edge Higher as Trade Tensions Ease
Mortgage rates trended higher over the past week, returning to highs last touched in late May and early June and continuing the upward trajectory of last week.
Why Millennials Are Struggling to Become Homeowners
Young, highly-educated millennials earn more than typical American workers, make up a growing share of the population in some of the nation’s fastest-growing and most-dynamic cities, and are disproportionately likely to work in well-paid tech jobs. And still, they're struggling to become homeowners. Why?
May Case-Shiller Results and June Forecast: Hints of a Turning Tide?
Home price growth is likely to slow somewhat going forward, but the truth is that little has changed for home buyers in the market today: Competition is fierce, prices are rising and selection is limited.
Q2 2018 Homeownership Rate: Rapid Reaction
The Q2 2018 homeownership rate was 64.3 percent, up modestly from 64.2 percent in Q1 2018 and 63.7 percent in Q2 2017, according to the U.S. Census Bureau.
Half of Homes Have Regained Peak Values, But the Recovery Is Uneven (June 2018 Market Report)
While 50.4 percent of U.S. homes are currently worth as much or more than they were prior to the housing bust, a much greater share (57.1 percent) of homes valued in the top third nationally have rebounded than homes valued in the bottom third (39.7 percent).
Mortgage Rates Continue Gradual Rise Amid Concerns Over Trade, Deficit
Escalating trade tensions between the United States and China prompted further fear in markets, and the prospect of new subsidies for farmers hurt by recent trade policy decisions raised the outlook for U.S. fiscal deficits and demand for long-term debt.
