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Grim outlook for housing market, NAHB CEO warns

Grim outlook for housing market, NAHB CEO warns

by Third Party | Jul 19, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: Fox Business —  National Association of Home Builders CEO Jerry Howard warned on “Varney & Co.” Monday of “a tough time” ahead for the industry as data revealed the housing market has been slowing down. Howard provided the...
Single-Family Starts Fall to Two-Year Low on Higher Construction Costs and Interest Rates

Single-Family Starts Fall to Two-Year Low on Higher Construction Costs and Interest Rates

by Third Party | Jul 19, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: Eye on Housing —  Increased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put a damper on the single-family housing market. For the first time since June 2020, both single-family starts and permits...
Wondering Where You’ll Move if You Sell Your House Today?

Wondering Where You’ll Move if You Sell Your House Today?

by Third Party | Jul 19, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Keeping Current Matters —  If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is undergoing a shift, and the supply...
Should you rent or buy a home? Use this simple rule to ‘avoid financial regret,’ says real estate investor

Should you rent or buy a home? Use this simple rule to ‘avoid financial regret,’ says real estate investor

by Third Party | Jul 19, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: CNBC —  When it comes to maximizing your lifestyle and net worth, the question “should I rent or buy” is one of the most heavily debated. Even if you already own your home or apartment, it’s a good exercise to regularly consider whether living there is...
Foreign buyers remain absent from U.S. housing market

Foreign buyers remain absent from U.S. housing market

by Third Party | Jul 19, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: The Real Deal —  The share of U.S. homes purchased by foreign nationals — a potentially critical pool of buyers as rising interest rates threaten to slow domestic spending — has tumbled to a more than twelve-year low. Foreign nationals bought 98,600...
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