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    Permits Grow Across Most States, Hurricane Effect Fading

    Friday January 19th, 2018 04:02:59 PM
    Danushka Nanayakkara-Skillington

    Over the eleven months ending in November 2017, the total number of single-family permits issued nationwide reached 761,229. This is 10.2% ahead of its level over the first eleven months of 2016, 690,836. The results from the SOC are similar, single-family permits over the first eleven months of 2017, 761,100 are 10.3% ahead of their level over the same period… Read More ›

    Single-Family Starts Pull Back in December

    Thursday January 18th, 2018 03:45:47 PM
    Robert Dietz

    Total housing starts declined in December after strong readings for prior months due to weather-related delay effects in the fall. Total starts decreased 8% to a 1.19 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD. Nonetheless, over the course of 2017 single-family starts posted a strong year, increasing 8.5% compared to 2016 to… Read More ›

    The Remodeling Market Index Hits 60 in Fourth Quarter

    Thursday January 18th, 2018 03:05:53 PM
    Carmel Ford

    The Remodeling Market Index (RMI) increased three points to 60 in the fourth quarter of 2017, according to the National Association of Home Builders (NAHB). This quarter marks the second time in the RMI’s history (dating back to 2001) in which the index reached 60 (Figure 1). For 19 consecutive quarters, the RMI has been at or above 50, which… Read More ›

    Mortgages Rates Rise in 2017 But Remain Low

    Wednesday January 17th, 2018 03:30:36 PM
    Michael Neal

    Information provided by the Federal Housing Financing Agency (FHFA) indicates that mortgage rates on purchases of newly built homes rose 7 basis points in November to 4.00 percent. At this level, rates remain below the 4.18 cycle peak level recorded in February. Meanwhile, a more commonly used rate reported by Freddie Mac indicates that mortgage rates rose by 2 basis… Read More ›

    Builder Confidence Remains Strong as New Year Starts

    Wednesday January 17th, 2018 03:02:37 PM
    Robert Dietz

    Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after reaching an 18-year high in December 2017. Builders confidence remained strong given changes to the tax code will promote the small business sector and boost broader economic growth. Nonetheless, home… Read More ›

    CNN – Real Estate News

    3 ways tax reform will hit home values

    Wednesday January 10th, 2018 05:49:28 PM

    The freshly-passed tax code could be a drag on home values.

    Homeowners: Here’s what’s in the tax bill for you

    Sunday December 17th, 2017 05:17:23 PM

    Homeowners would be able to deduct interest on the first $750,000 of a new mortgage under the final tax bill — down from the current $1 million threshold.

    What will your monthly mortgage payment be?

    Monday February 2nd, 2015 03:53:13 PM

    In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.

    For many, the rent is still too damn high

    Thursday December 14th, 2017 05:05:04 PM

    Rental affordability has improved, but for many renters it’s still a struggle to make ends meet.

    This is how long it takes to sell a house

    Monday November 27th, 2017 06:13:04 PM

    It’s a sellers market, which means wanna-be homeowners have to be move fast when a home hits the market.

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