This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
How Down Payment Loans Affect the Housing Market. Fri, 10/15/2021 - 09:43. As financial standards for loans are getting tighter, potential homebuyers are losing out to all-cash offers or higher down payments from other buyers in an ultracompetitive housing market. Housing Markets. New-Home Marketing.
Biden Proposes 15% Budget Increase for HUD Aimed at Affordable Housing. Mon, 04/12/2021 - 09:11. Department of Housing and Urban Development’s budget by 15%, with funds aimed at boosting affordable housing. This includes $180 million to put up 2,000 new units for affordable housing for the elderly and disabled.
Homeowners in These States Paid the Highest Property Taxes in 2021. states with the highest tax bills in 2021, while homeowners in southern states saved the most money on property taxes. of the total in 2021. Other factors are clearly at play, and state and local government financing turns out to be a major one.
A case for mid-rise: How multifamily housing can reshape our cities 0 qpurcell Mon, 10/28/2024 - 11:01 Multifamily Housing Often referred to as “five-over-ones,” the mid-rise apartment type is typically comprised of five stories of apartments on top of a concrete “podium” of ground-floor retail. in recent years. was short 3.8
Single-Family Rentals Are Taking Over the Housing Market. Fri, 10/22/2021 - 09:42. Built-to-rent housing projects are expanding across the United States as real estate competition drives away potential buyers, says The New York Times. For some, single-family rentals are taking precedence over homeownership. New-Home Sales.
Can Looser Zoning Rules Help the Housing Shortage? Thu, 04/08/2021 - 10:28. President Biden’s infrastructure plan will set aside $5 billion for a grant program aimed at tackling “exclusionary” zoning laws that inflate housing costs. Housing shortages accelerated as a result of record-low mortgage rates and the pandemic.
Detroit Housing Revitalization Program Serves as Example for Biden's Plan. Thu, 05/27/2021 - 10:36. A neighborhood revitalization program in Detroit now serves as an example for a proposed housing initiative. Housing Policy + Finance. Housing Markets. Housing Policy + Finance. cbroderick.
Housing's Incremental Innovation Path. housing industry is not innovative are, in a word, crap. 2022 Housing Forecast: Opportunities and Challenges. I would counter that even Tesla’s journey can’t fully compare to the roadblocks hindering the adoption of Innovation in housing, especially on the production side.
Solutions to Housing Affordability. Sun, 12/12/2021 - 08:00. So when I gave you, our readers, the opportunity to submit a write-in response to the question: “What’s needed to enable more affordable housing?” within our annual housing forecast survey (see the results on page 17), I got what I deserved from more than 300 of you.
Million More Units to Close Housing Gap. Thu, 06/17/2021 - 10:29. With the release of a new report that found the housing market needs 5.5 million more units, the National Association of Realtors (NAR) is calling on lawmakers to green-light housing investments in an infrastructure package. cbroderick.
Buyers Face Tough Conditions as Housing Inventory Drops 43% Annually. Fri, 02/05/2021 - 10:13. January housing inventory dropped 43% compared to January 2020, according to Realtor.com. cbroderick. New listings also tumbled 23% compared to last year. Read More. . Market Data + Trends. Market Data + Trends.
Federal Reserve Bank Leaders Express Worries About Housing Market. Mon, 08/02/2021 - 09:49. The Federal Reserve has been closely watching the housing market and some are more nervous than others about the bank’s role in bond purchases and housing's financial stability. Housing Policy + Finance. cbroderick.
Tue, 12/28/2021 - 10:24. Conforming loan limits will increase in about 100 pricey housing markets as 2021 comes to a close. Higher limits for conforming mortgages and for FHA loans will eliminate the need for jumbo loans to buy property in a less affordable housing market. . Housing Policy + Finance.
NAHB Chairman's Letter: Americans Want Action on Housing Affordability. A recent survey conducted by polling firm Morning Consult on behalf of the National Association of Home Builders shows strong support for policies that would make housing affordable for more Americans. Chuck Fowke, NAHB 2021 Chairman.
by the end of January 2021 as builders and buyers eye affordability in the new year. Higher rates will impact affordability, but housing inventory will remain a much higher priority for builders, particularly after month-end active listings reached a historic low of 1,184 from December 2021 to January 2022. Affordability.
Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I
Has the Housing Market Reached its Peak? Thu, 06/24/2021 - 10:41. The housing market remains incredibly competitive compared to pre-pandemic times, but buyers have begun to pull back, slightly cooling the market. Buyers may be taking a break from the housing market, “says Realtor.com® cbroderick. Read More. .
Mon, 12/06/2021 - 09:39. In October 2021, the annual inflation rate hit its highest record in over 30 years, impacting everything from gas prices to housing affordability, Realtor.com reports. Inflation exacerbates the housing demand-supply imbalance, which means even higher prices for housing,” explains Lawrence J.
Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40. Wed, 04/07/2021 - 15:02. Meet our class of 2021—the rising stars in home building. Pro Builder is proud to present the Forty Under 40 Class of 2021. Pro Builder is proud to present the Forty Under 40 class of 2021. Alex Akel, 29. Akel Homes.
Gen Zers Are Entering the Housing Market as First-Time Buyers, but Where Are They Searching? As large metro areas become more expensive, young homebuyers are searching for affordable housing in midsize cities. Housing Markets. Thu, 05/26/2022 - 10:33. Salt Lake City topped the list, retaining the No. Louisville, Ky.
Mon, 06/28/2021 - 09:41. In order to assist more lower-income homebuyers and close the racial homeownership gap, the Federal Housing Administration (FHA) will change the way it reviews an applicant’s student loan debt. Housing Policy + Finance. Housing Policy + Finance. cbroderick. Read More. .
Wed, 06/23/2021 - 09:31. Housing Policy + Finance. Financing. Some Buyers Fear the End of Low Mortgage Rates is Here. cbroderick. Both mortgage rates and applications to refinance a home loan increased slightly last week, reversing course for previous trends. Read More. .
Fri, 06/11/2021 - 09:41. That’s the question many prospective buyers and renters face, and the answer usually comes down to finances. With short housing supply and increasing home prices, renters have found relief in lowered rents in urban areas, sweetening the decision even further, says the New York Times. Housing Markets.
Property Tax Collections Remained Stable in 2021. A steady stream of property taxes accounted for the largest share of state and local revenue throughout 2021. billion in taxes paid by property owners at the close of Q4 2021, a 1% quarterly increase after a 0.6% in Q3 2021, the second such decrease since 2012. Financials.
Tue, 12/14/2021 - 09:52. From the biggest market disruptors to housing legislation, here’s what mortgage lenders are expecting in 2022. Mortgage lenders also predict that affordable housing will be the most important legislative priority of 2022 in an ultra-competitive market driving up prices. Housing Markets.
Voters Turn to Tourist Tax for Housing Solution. Wed, 11/03/2021 - 10:05. How a new ballot measure could address regional housing shortages. Numerous other counties and towns, especially in the West, are mulling similar initiatives on Tuesday’s ballot, as housing stock remains scarce and prices remain high.
Mon, 01/18/2021 - 10:01. Biden also called on housing agencies to extend the deadline of applications for forbearance on federally-backed mortgages until the end of September. . Housing Policy + Finance. Biden's Stimulus Plan Includes Eviction Moratorium Extension. cbroderick. President-elect Joe Biden’s $1.9
Thu, 01/07/2021 - 17:06. Chuck Fowke, 2021 NAHB chairman. This January 2021 issue of Pro Builder marks the beginning of an ambitious new partnership between the National Association of Home Builders and SGC Horizon , publisher of this and other top housing industry brands. 9-12, 2021. 9-12, 2021.
Tue, 07/06/2021 - 12:00. OSHA issued the ETS in June 2021 and announced that the new standard applies only to workers in health care settings. During the first quarter of 2021, the value of real estate assets increased faster than real estate liabilities. trillion, a $940 billion gain, by the end of March 2021.
But the 2021 IECC has yielded some inefficient outcomes. per month in Climate Zone 3 for a standard 2,500 square-foot single-family house, yet it costs roughly $1,366 to achieve that level of insulation. Early editions of the IECC helped new homes achieve much higher levels of energy performance. It is critical that the U.S.
Wed, 03/10/2021 - 09:25. The National Association of Home Builders’ housing affordability pyramid for 2021 shows the highest priced home households can afford based on their income. In 2021, about 21.1 NAHB Research Finds 40.1 Million Households Cannot Afford $175,000 Home. cbroderick. million households in the U.S.
Housing Economists Weigh in on Biden’s Housing Plan. Fri, 04/02/2021 - 09:15. President Biden’s recently unveiled $2 trillion infrastructure plan will set aside $213 billion for affordable housing. Any amount would be helpful to incent additional construction for affordable housing," says Nothaft. cbroderick.
Less Than Half of Black Households Were Homeowners in 2021. From October 2020 to September 2021, just 9.1% of Black households were homeowners in the fourth quarter of 2021 in comparison to 74.4% From October 2020 to September 2021, just 9.1% Housing Policy + Finance. Housing Markets. of total U.S.
Why Biden’s ‘Build Back Better’ Program Is Getting Mixed Reactions From Housing Experts. Tue, 11/16/2021 - 10:13. With a potential affordable housing solution on the horizon, all eyes turn to rising inflation. million new households were formed across the country between 2012 and June 2021. Housing Policy + Finance.
Fri, 05/21/2021 - 09:24. The current market results from years of underbuilding, further complicated by a severe lack of skilled labor, not enough developed lots, cost of loans to finance construction, materials costs, and other regulations. Will the housing market crash again? Most housing economists told me we weren't.
Housing Market Data and Predictions. Fri, 11/19/2021 - 09:17. How mortgage rates are affecting housing inventory. Low housing inventory could continue to drive up prices unless increased mortgage rates slow demand, says Bill McBride in his CalculatedRisk Newsletter. Housing Markets. And the data matched my story.
How Mortgage Rates Affect the Housing Market. Mon, 10/18/2021 - 09:11. As mortgage rates go up, the housing rally slows down. I think the housing market is already starting to show some moderation. And a strong economy will be positive for housing - so that will work as a counter balance to higher rates.
How Employer-Assisted Housing Programs Are Paving a Path to Homeownership. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases. Housing Policy + Finance. Housing Policy + Finance. Mon, 05/09/2022 - 10:26. New-Home Sales. Human Resources.
Congress Democrats Push Spending Bill to Help With Affordable Housing. Tue, 11/09/2021 - 09:28. Democrats in Congress are ready to invest in affordable housing, but will Republicans get on board? The biggest problem facing the housing market is that there just aren't enough homes for people to buy or rent. population.
Federal Reserve Pulls Back on Stimulus in Response to Weakened Housing Affordability. Mon, 11/15/2021 - 09:34. Exacerbated housing conditions are a result of major supply-chain disruptions and a nationwide labor shortage expected to persist into 2022. year to date in 2021 — eight times faster than they did in 2020.
How the Biden Administration Might Affect the Luxury Housing Market. Mon, 02/22/2021 - 09:05. Politics can have both an indirect and direct impact on the housing market, and with promises to make big changes to the country’s economy, Biden’s plans may very well create a shift in the luxury market. Housing Policy + Finance.
Wed, 12/15/2021 - 17:31. Ivory Homes in Salt Lake City is Pro Builder's 2021 Builder of the Year. Instead, Clark Ivory reassumed his CEO duties and set a bold, uncharted course to diversify the company’s successful semi-custom, move-up home legacy to include affordable housing for an increasing underserved segment of buyers.
A National Inflation Storm Could Spell Trouble for America’s Housing Market. Housing is the largest expense for the vast majority of Americans, and the latest CPI report shows that it’s draining people’s bank accounts faster than ever before. Housing Policy + Finance. Mon, 01/17/2022 - 10:12. Economics.
Property Taxes Made Up the Largest Share of State and Local Tax Receipts in 2021. billion in state and local tax receipts throughout 2021. of state and local tax receipts from the fourth quarter of 2020 to the final quarter of 2021 for a whopping $672.5 Housing Policy + Finance. Thu, 03/24/2022 - 10:37. Financials.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content