New-Home Sales Reverse Course in June
After a big jump in May, new-home sales dropped 2.5% to a rate of 697,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development. “Rising mortgage rates in June, coupled with elevated construction costs and supply...
Home Sales Up in June, Report Finds
RE/MAX has posted its National Housing Report for June 2023. The report—with new installments released monthly—tracks national changes in the housing market, based on collected MLS data from 52 metropolitan areas. Key details: Months’ Supply of Inventory (an...
New Constructions Tumble, Surprising Analysts
One month after the biggest surge in housing starts in the last couple years, new constructions fell sharply, disappointing analysts and blunting hopes of a long-term rally by builders. Starts fell 8% in June, after rising over 21% in May, with new permits down 3.7%...
Builder Confidence Continues to Grow
Builder confidence grew again in July due to a continued demand for new homes; however, high mortgage rates are causing concern, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the seventh straight...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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