Sales Mortgage Application Volume Is Down 21 Percent From Last Year Low inventory and higher interest rates are two of the main causes
Economics Detroit’s Comeback Story Is Overblown Detroit is on the upswing, but critical issues such as poverty, unemployment, income disparities, and subpar property values remain. ...
Single-Family Homes Equity Factors Into The Decision To Buy Or Rent Owning a home makes it easier to build wealth
Codes + Standards Aging Building Code Inspectors And Government Belt-Tightening Could Cause Crisis A recent survey found that 80 percent of inspectors plan to retire within 15 years
Single-Family Homes Rising Rates, Stagnant Income Growth Make Affording A Mortgage Difficult The typical U.S. homebuyer spends $758 per month, or 15.8 percent of the median household income, on a mortgage. It’s the most buyers have...
Codes + Standards Vermont Power Company Offers Program To Help Customers Go Off The Grid A new pilot program provides off-grid PV and battery storage systems for customers located far off the grid
Codes + Standards Evaluating Cost/Benefit Of Solar Takes Into Account Climate, Local Utility Cost, Incentives The average cost of rooftop solar power is now equivalent to the national average for utility-supplied electricity, or about 12¢ per kWh
Economics Gas Prices Contribute To A Large Increase In Consumer Inflation The consumer price index, which measures the cost of living, rose by a seasonally adjusted 0.6 percent last month, the largest jump in four...
Economics Conditions Are Right For A Fed Rate Hike The job market, stock markets, and inflation numbers are all strong, and the global economy is stable. If Mark Zandi, the chief economist of...
Sales Slow Price Growth Expected For Housing Market This Year Existing-home prices rose 5 percent year-over-year in 2015 and 7 percent in 2016, but according to the National Association of Realtors,...