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The Fed Just Paused Interest Rate Hikes—What Does That Mean for Home Prices?

Pro Builder

from this time last year, and cities such as Austin, Texas, and Phoenix are seeing double-digit declines, but without an increase in housing inventory, experts say home prices will remain elevated throughout the remainder of 2023. Buoyancy in the national average home prices is largely due to record-low inventory levels.

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Home Builders Are Boosting Incentives to Sell Homes as Buyers Pull Back

Pro Builder

Inventory is rising, but home sales are slowing for the first time in two years, prompting some builders to offer incentives to interested buyers. As affordability concerns mount and home sales slow, inventory is on the rise, reaching a 9.3-month Home Builders Are Boosting Incentives to Sell Homes as Buyers Pull Back.

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Consumer Confidence Falls to 7-Month Low

Pro Builder

Consumer confidence declined for a third consecutive month in September as concerns about the Delta variant and higher prices continued to dampen optimism, according to the Conference Board. . Surging home prices and lack of inventory could further harm affordability and hinder ownership opportunities. The index dropped 5.9

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Housing and Design Trends That Will Stick Around After the Pandemic

Pro Builder

And Realtor.com’s data found housing inventory in the suburbs has dropped much faster than in urban areas. Essentially it's a dedicated room or corner of your home that features an aesthetically pleasing background for your video conference calls. Read more to see the other trends expected to stick around.

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Mortgage Rates Could Drop to 5.4% In 2023—Here’s What That May Mean for Home Prices

Pro Builder

“Our forecast is for home-price growth moderation to continue,” Joel Kan, vice president and deputy chief economist at the Mortgage Bankers Association, said Sunday during the organization’s annual conference in Nashville, Tenn. But he also warned that some markets may actually see home prices drop.

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Critical Issues and BIM – NIBS buildingSMART alliance conference – January 7-11, 2013

Building Information Management

Symposium Name: The buildingSMART alliance TM Conference. Tuesday and Wednesday: Conference Educational Sessions. With the theme, Integrating BIM: Moving the Industry Forward , the buildingSMART alliance Conference looks at the big picture of implementing BIM into daily practice. buildingSMART alliance Conference.

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Critical Issues and BIM – NIBS buildingSMART alliance conference – January 7-11, 2013

Building Information Management

Symposium Name: The buildingSMART alliance TM Conference. Tuesday and Wednesday: Conference Educational Sessions. With the theme, Integrating BIM: Moving the Industry Forward , the buildingSMART alliance Conference looks at the big picture of implementing BIM into daily practice. buildingSMART alliance Conference.

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