Homebuilders Faced With Depleted Workforce
As the housing market faces inventory issues in lieu of high demand, a new report from the Home Builders Institute (HBI) finds the supply of homes may grow even tighter,… Read more »
Category: housing supply
Why you shouldn’t worry about the drop in new home sales
Today the Census Bureau reported that in February 2021, new single-family home sales were at a seasonally adjusted annual rate of 775,000. This was a big miss from estimates. Although… Read more »
Homebuilder Confidence on the Rise
According to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly-built single-family homes rose an impressive seven points to 37…. Read more »
The Week Ahead: Will Housing Starts, Permits Rebound?
The U.S. Census Bureau will release its latest number surrounding housing starts, permits, and completions for April. Numbers last month for March found housing data fell off the cliff. Housing… Read more »
U.S. home prices rise by 4% in December
Be forewarned! Not every home in every market went up by exactly this amount! to get a better grasp of whats going on in your neighborhood contact us via the… Read more »
Mortgage rates drop to three-month low
The average U.S. fixed rate for a 30-year mortgage fell to 3.6% this week, a three-month low. That’s 5 basis points below last week and 85 basis points below the 4.45%… Read more »