U.S. Housing Market Updates
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Single-Family Housing Starts Down 2.1%
Single-family housing completions in April were at a rate of 943,000, down 8% from the revised March rate of 1.02 million. Continue Reading Single-Family Housing Starts Down 2.1%
New NAR Study: Housing Affordability Gap Remains in Place
NAR found that households earning $100,000 annually can currently afford only 37.1% of home listings. Continue Reading New NAR Study: Housing Affordability Gap Remains in Place
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
North Carolina Governor Expedites Purchase of Temporary Housing for Hurricane Victims
The governor’s office did not detail the eligibility process for residents in need of the new housing. Continue Reading North Carolina Governor Expedites Purchase of Temporary Housing for Hurricane Victims
Florida College to Offer Program on Building Tiny Houses
The program, which begins in August, will also help provide affordable housing solutions in Gadsden County. Continue Reading Florida College to Offer Program on Building Tiny Houses
Tech Trends: Can We Print the Housing Inventory We Need Now?
Digital construction promises to build houses faster and more affordably than traditional construction methods. But can these technologies print something Americans would want to live in? One company says they will sell…and they are selling. Continue Reading Tech Trends: Can We Print the Housing Inventory We Need Now?
Grim outlook for housing market, NAHB CEO warns
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 insight on the same day it was...
Single-Family Starts Fall to Two-Year Low on Higher Construction Costs and Interest Rates
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 fell...
Foreign buyers remain absent from 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...
Grim outlook for housing market, NAHB CEO warns
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 insight on the same day it was...
7 Things Today’s First-Time Homebuyers Should Consider
In today’s market, things are a little intense for first-time home buyers. But just because house prices are skyrocketing and interest rates are higher than what they were a year ago doesn’t mean buying a home is out of reach for you. In this article, we help walk...
