Homebuilder confidence and demand for mortgages have increased recently, keeping hopes high for an improved housing market in 2023. But a modest recession is still expected this year, and elevated mortgage rates, coupled with high […]
High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a […]
The Census Bureau‘s housing starts report for December shows that housing completions are still too slow, and we are running out of time this year as housing permits are set to fall until the homebuilders […]
The post California voters approve new measures to combat housing shortage locally appeared first on Weekly Real Estate News.
Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. The brutal low origination volume and industry consolidation that occurred for […]
The post ‘Housing will remain weak throughout the winter,’ economist says appeared first on Weekly Real Estate News.
The post Up from here? The free fall in housing market activity just concluded, says Capital Economics appeared first on Weekly Real Estate News.
On top of the solid report on mortgage volume earlier today, comes another hopeful report from the construction industry. The National Association of Home Builders (NAHB) says builder confidence in the new home market has […]
The post What Past Recessions Tell Us About the Housing Market appeared first on Weekly Real Estate News.
The post Current State of the Housing Market; Overview for mid-January appeared first on Weekly Real Estate News.
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