by | Aug 23, 2023 | Consumer, Industry News, Latest News, National, News, Premier |
New-home sales grew 4.4% in July to a rate of 714,000, reversing course from June’s 2.5% drop, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development. The pace of new-home sales also went up, coming in 31.5% higher...
by | Aug 22, 2023 | Brokers, Industry News, Latest News, National, News |
July marked the first month-over-month decline in home sales since April, signaling that perhaps the peak of summer buying is beginning to taper, according to RE/MAX’s latest national housing report. Growth in the inventory of homes for sale inched up alongside modest...
by Aidan Whalen | Aug 16, 2023 | Industry News, Latest News, National, News, Premier |
After a surprising decline in housing starts that perplexed pundits earlier in the summer, new construction ticked up last month, according to the latest new residential construction data from the U.S. Census Bureau. Total housing starts enjoyed a 3.9% boost in July,...
by Aidan Whalen | Aug 16, 2023 | Industry News, Latest News, National, News, Premier |
On May 4, 2023, UC Berkeley’s Terner Center for Housing Innovation published the research paper titled, “The First Step Is The Hardest: California’s Sliding Homeownership Ladder.” The paper tracks how homeownership rates have changed within the state. However, the...
by Liz Ruggiero | Aug 15, 2023 | Industry News, Latest News, National, News, Premier |
Builder confidence fell in August as mortgage rates inched back up toward 7%, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the seventh straight month of increases and marks the highest level since...