by Brit Owen | Jul 20, 2021 | Industry News, Latest News, National, News |
Overall housing starts increased 6.3% in June to a seasonally adjusted annual rate of 1.64 million units, according to the latest data from the Commerce Department. Weakening permit numbers for both the single-family and multifamily markets are putting a damper on...
by Brit Owen | Jul 20, 2021 | Industry News, Latest News, National, News |
Fannie Mae’s Economic and Strategic Research (ESR) Group recently released its July 2021 commentary, finding that second-quarter growth is now expected to be 8.1%—a revision from last month’s 10.1% forecast. The details: – The third and fourth...
by Brit Owen | Jul 20, 2021 | Industry News, Latest News, National, News |
Home improvement and maintenance spending is on the rise, with growth expected to accelerate in the second half of the year—continuing to rise through mid-2022—according to the latest Leading Indicator of Remodeling Activity (LIRA) report from the Joint Center for...
by Brit Owen | Jul 20, 2021 | Industry News, Latest News, National, News |
Housing inventory experienced considerable recovery for the second consecutive month in June, according to the latest Zillow Real Estate Market Report. Inventory is still low in this high-demand market, however, which is continuing to push prices upward. The details:...
by Brit Owen | Jul 20, 2021 | Industry News, News, Spotlights |
The number of small land sales in Texas increased in 2020, while price per acre hit an all-time high, according to the 2021 edition of the “Texas Small Land Sales Report” released today by Texas REALTORS®. The total number of small land sales...