Economics How the Stock Market Could Impact Buyers Anxieties over the rising COVID-19 delta variant caused the stock market to go red yesterday, and it could begin to affect homebuyers....
Building Materials Other Building Materials Keep Costs Up as Lumber Prices Fall The National Association of Home Builders estimated the cost of lumber added $35,872 to the cost of a new single-family home back in April....
Economics How Does Inflation Affect the Housing Market? The Bureau of Labor Statistics' monthly consumer price index found the cost of shelter increased 0.5% from May to June and up 2.6% compared...
Affordability Home Prices Outpace Income, Dropping Housing Affordability Rates Monthly mortgage payments increased by 20% in May as family incomes increased by a comparatively meager 1.2%, according to the National...
Financials More Than Half of Buyers Now Put Down 20% or More Buyers hoping to distinguish themselves amongst a pool of bidders are increasingly putting down more cash and waiving inspection and...
Economics The Federal Reserve Anticipates Rising Interest Rates in 2023 In Federal Open Market Committee meetings this week, Federal Reserve members said interest rates will likely rise twice in 2023. Interest...
Financials Managing Rising Construction Costs: Insurance Builders and remodelers may be subjected to coinsurance penalties as a result of rising building material prices if they do not make changes...
Build to Rent Single-Family Rents Experience Highest Increases in 15 Years With home prices reaching new heights, demand for single-family rentals is booming, pushing rental prices up with it. Rent for single-family...
Economics What Rising Inflation Means for the Housing Market Price inflation increased 5% last month compared to 12 months ago, and its effect on housing could worsen the highly competitive market. The...
Financials Collective Home Values Increased $2 Trillion in 2021 So Far Historic increases in home values added tens of thousands of dollars to the average homeowners’ equity. CNBC reports equity advanced 20%...