by | Feb 19, 2025 | Industry News, Latest News, National, News, Premier |
This year kicked off with a downturn in construction—seasonally adjusted, there were only 1,366,000 privately-owned housing starts in January, 9.8% lower than the number of starts from December 2024. These numbers come courtesy of the latest report from the U.S....
by | Feb 18, 2025 | Industry News, Latest News, National, News, Premier |
Builder sentiment took a significant reduction in February, declining by five index points over tariff, building cost and mortgage rate concerns, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The index, measured...
by | Feb 18, 2025 | Industry News, Latest News, National, News, Premier |
Current Housing and Urban Development (HUD) Secretary Scott Turner previously worked in housing during the first Trump administration—specifically overseeing so-called “opportunity zones.” Passed in the 2017 Tax Cuts and Jobs Act, opportunity zones are designated...
by | Feb 13, 2025 | Industry News, Latest News, National, News, Premier |
January saw 30,816 U.S. properties with foreclosure filings—which include default notices, scheduled auctions or bank repossessions—an increase of 8% month-over-month, but a 7% decline year-over-year. A little under 3,000 (2,973) properties were repossessed via...
by | Feb 12, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Inflation continues to rise for the fourth consecutive month, continuing a reversal from its decline throughout most of 2024. The Consumer Price Index (CPI)—one of the main measures of inflation—rose 0.5% in January, according to the latest data from the Bureau of...