Source: Market Watch — The number: The cost to purchase a home rose by a record amount, according to two major barometers of house prices in the U.S. The index of home prices across 20 large cities increased at yearly pace of 11.9% in February, according to the...
Source: NAHB — According to the latest 2019 ACS, over 11 million people, including self-employed workers, worked in construction in 2019. NAHB Economics estimates that out of this total, 4.4 million people worked in residential construction, accounting for 2.8%...
Source: Bloomberg — The retreat from major cities has been the pandemic’s big real-estate story — but that doesn’t mean metropolitan house prices have suddenly got cheap. From New York to London to Sydney, ultra-low interest rates and vast government fiscal...
Source: Simplifying The Market — Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect...
Source: Realtor . Com — While home buyers might hope that they will qualify for a mortgage from the usual financial institutions, like a bank, they may find that their spotty credit score is an obstacle that prevents them from qualifying. What then? One Plan B...
Existing Home Sales Inch Up by 0.2%
