According to new U.S. housing market research by Zillow, the combination of rising home prices and interest rates creates a doubly challenging environment for would-be home buyers, making monthly mortgage payments on even modestly priced homes more of a financial burden.
Sales of newly built, single-family homes inched down 1.7 percent in July to a seasonally adjusted annual rate of 627,000 units after an upwardly revised June report. On a year-to-date basis, sales are up 7.2 percent from this time last year.
According to Freddie Mac's July 2018 Housing Forecast, exceptionally low housing supply and weaker affordability slowed the housing market in the first half of 2018, but total sales activity should still slightly top year-ago levels.
Based on a new rental housing report by Zillow, rent options for black renters were far fewer than what Asian or white renters could choose from last year.
According to a new report from the Mortgage Bankers Association, U.S. mortgage credit availability increased in June 2018. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.
According to the National Association of Home Builders, confidence in the U.S. multifamily housing market remained positive in the first quarter of 2018. The MPI remained unchanged from last quarter, coming in at a reading of 53, while the MVI remained essentially unchanged at 42.
According to AAA, more than 41.5 million Americans will travel this 2018 Memorial Day weekend, nearly 5 percent more than last year and the most in more than a dozen years.
According to a new report by CBRE, the recently enacted U.S. tax reform is poised to benefit the U.S. multifamily investment market.
According to the National Association of Realtors, pending U.S. home sales inched higher for the second consecutive month in March 2018, but unrelenting inventory constraints once again kept overall activity below year ago levels.
The National Association of Home Builders' Remodeling Market Index posted a reading of 57 in the first quarter of 2018, down three points from the previous quarter and back to the same level as the third quarter of 2017.
Over 64 million Americans live in multigenerational households, which is based on a report by the Pew Research Center, Washington, D.C.
According to Zillow, U.S. home values have been appreciating more per working hour than local minimum wage pays in about half of the nation's 50 largest cities.
Health systems and hospitals can generate significant cost savings, secure capital to invest in technology and care delivery,
Based on new construction employment analysis from the National Association of Home Builders, over 9.8 million people worked in the U.S. construction industry in 2016, and more than 3.8 million of them worked in residential construction.
Aa decline in multifamily starts pushed overall housing production down 7.0 percent in February 2018 to a seasonally adjusted annual rate of 1.24 million units.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed mortgage rate in the U.S. dropped after nine consecutive weeks of increases in late March 2018.