Market Data + Trends Home Reconstruction Costs Stabilize in 2024 Following years of ups and downs, reconstruction cost increases are starting to slow
Housing Markets 5 Cities Where Buyers Can Easily Find Homes Priced Below $300K Housing markets in the Northeast and Midwest—including Pittsburgh and Detroit—top the list
Government + Policy As Presidential Election Looms, First-Time Homebuyers Hold Off Prospective homebuyers are waiting to see if housing policies will change following the November election
Demographics Considering the Millennial Homebuyer When it comes to the homebuying process, a generational shift is underway, and Millennials are changing the market
Housing Markets In These Cities, It Takes 25 Years Worth of Rent Payments to Afford a Home Cost-burdened cities in the West make up the majority of metros on the list
Remodeling Home Remodeling Sentiment Dips Although there's been a decline in projects costing more than $20,000, sentiment surrounding smaller remodeling projects has improved
Market Data + Trends A Bump up in Recent Housing Inventory Based on numbers from September and the first week of October, housing inventory has increased on a year-over-year basis
Labor + Trade Relations What Housing Needs: Thousands of Construction Workers Data show the current housing deficit sits at 1.5 million homes. The industry needs workers to build those homes
Remodeling Most Homeowners Prefer to Renovate Rather Than Buy a New Home Remodeling costs may be rising, but that's not deterring many homeowners who want to renovate
Financing Home Equity Lending Rises to New Levels As of mid-2024, home equity lending reached its highest point since 2008, with more than 333,000 loans nationwide