Pro Builder

FEBRUARY 16, 2023

As mortgage rates begin to fall from highs reached during fall 2022, housing affordability is gradually improving, and as a result, builders are optimistic that buyers will soon make a return to the for-sale market. Read more Builders Exclusive Research + Data Construction Builders

Alabama 98

Alabama NAHB Housing Construction 98

Pro Builder

DECEMBER 2, 2022

A widespread housing affordability crisis is forcing homebuyers to make unprecedented sacrifices in the hunt for homeownership, and while that trend could continue in 2023, a shifting market could offer some relief. Market Data + Trends. Market Data + Trends. —Zillow’s Predictions for the Year Ahead. New-Home Sales.

Inventory 98

Inventory Housing Contract 98

Pro Builder

DECEMBER 19, 2022

Here’s What Real Estate Experts Say the 2023 Housing Market Will Look Like. Though a market correction will offer some relief to priced out buyers, ongoing affordability challenges will further slow home sales in 2023, experts say. Market Data + Trends. Exclusive Research + Data. Market Data + Trends.

Housing 98

Housing Sustainability Office Construction 98

Pro Builder

DECEMBER 29, 2022

Las Vegas is another hotspot for out-of-state buyers, and Florida’s relatively inexpensive real estate makes it a desirable location for incoming house hunters as well. Las Vegas is another hotspot for out-of-state buyers, and Florida’s relatively inexpensive real estate makes it a desirable location for incoming house hunters as well.

Las Vegas 92

Las Vegas Sacramento Tampa Miami 92

Business Facilities

AUGUST 2, 2022

Revitalization funding boosts job training, small business growth, and affordable housing in Nebraska, and data mining finds a home in York County.

Nebraska 96

Nebraska Revit Housing Omaha 96

Pro Builder

SEPTEMBER 19, 2022

Housing Experts Forecast Falling Home Prices in the Next Phase of a Market Correction. Housing experts warn that the second stage of a market correction could be underway. In June, housing experts sounded the alarms of a market reset as mortgage rates skyrocketed and homebuying activity slowed nationwide. Market Data + Trends.

Forecasting 98

Forecasting San Francisco Housing Consulting 98

Pro Builder

DECEMBER 20, 2022

Bubble or No Bubble, the Housing Market Is Bracing for Big Changes in 2023. For the last two years, the housing market has been characterized by fast-rising home prices and surging interest rates, but today's homebuying conditions are far different from the real estate landscape preceding the Great Recession. Market Data + Trends.

Housing 98

Housing Inventory Income Construction 98

Pro Builder

JANUARY 20, 2022

Buyers are headed into the second straight year of a record-breaking housing market. Over the past two years, the COVID-19 pandemic hit the housing market hard, upending everything from housing supply to the median home price, but according to The New York Times , no quick reprieve is in sight. Market Data + Trends.

Inventory 98

Inventory Housing New York Sustainability 98

Construction Enquirer

MAY 3, 2023

Private new home registrations plunged by nearly half in the first three months of 2023, according to latest National House Building Council figures. The 49% slump in first quarter year on year private home registrations indicates how heavily house builders hit the brakes as sales dried up at the end of last year.

Housing 81

Housing Finance Environment Plans 81

Pro Builder

FEBRUARY 21, 2023

Housing Affordability Is Improving, but Buyers Still Face Scarcity of New Listings ldeakins Tue, 02/21/2023 - 09:33 Home prices may have reached a tipping point across the U.S., Read more Market Data + Trends Affordability Market Data + Trends Read more Market Data + Trends Affordability Market Data + Trends

Housing 98

Housing San Francisco 98

Pro Builder

APRIL 19, 2022

housing market. The current housing market’s uncanny resemblance to the 2007-08 pre-crash housing bubble has some experts concerned about a similar fate in 2022, but as affordability continues to decline, so too will home sales, Realtor.com reports. Market Data + Trends. Affordability. New-Home Sales.

Housing 98

Housing 98

Pro Builder

JANUARY 14, 2022

Housing Market on Track to Moderate in 2022, Says Ivy Zelman. As affordability moves further out of reach for many buyers, market deceleration could be just around the corner. Market Data + Trends. Affordability. Market Data + Trends. Fri, 01/14/2022 - 10:08. Watch the interview here.

Housing 98

Housing 98

Pro Builder

JULY 19, 2022

The Housing Market Is Cooling, So Why Are Prices Still Rising? The housing market is going through a major correction, but buyers are finding little relief from sky-high home prices. The housing market is in the beginning stages of a much-anticipated correction, but home prices are still soaring to new highs. Affordability.

Housing 98

Housing Bidding Negotiation 98

Pro Builder

JULY 29, 2022

Can Rising Mortgage Rates and Waning Competition Counterbalance Housing Affordability? The market is shifting as mortgage rates surge to new highs, but a lack of affordability now could mean more savings down the road. The total number of housing units for sale nationwide was 1,260,000 at the end of June, up 9.6

Housing 98

Housing Inventory Washington Roads 98

Pro Builder

JANUARY 27, 2022

Homeownership Is Becoming the More Affordable Option in Most Housing Markets. Housing prices are high all around, but low mortgage rates, rising wages, and home-equity wealth are giving buyers an edge over renters. housing markets, according to The Washington Post. housing markets, according to The Washington Post.

San Antonio 98

San Antonio Housing Houston Tampa 98

Pro Builder

OCTOBER 14, 2022

The fall season has traditionally been the best time to buy a home, but this year’s house hunters are up against soaring inflation, rising interest rates, and economic volatility. 8, overall housing inventory grew considerably, up by 31% over this same week last year. Market Data + Trends. Affordability. New-Home Sales.

Inventory 97

Inventory Housing 97

Pro Builder

JULY 14, 2022

From Coast to Coast, the Housing Shortage Is Growing. Housing shortages have traditionally been a problem for coastal cities and states like San Francisco, Los Angeles, New York and Washington, but that deficit appears to be growing across the entire nation, The New York Times reports. Market Data + Trends. Housing Markets.

Housing 98

Housing District of Columbia Los Angeles San Francisco 98

Pro Builder

JUNE 22, 2023

Builder Rankings by Revenue: 2023 Housing Giants List ibush Thu, 06/22/2023 - 17:14 Pro Builder 's annual Housing Giants rankings list provides a snapshot in time of builders’ perceived opportunities and challenges. by Revenue: 2023 Housing Giants Scroll down to see the ranked list of 2022's Housing Giants. Still, U.S.

Housing 98

Housing Materials Site Industrial 98

Pro Builder

SEPTEMBER 17, 2021

Mortgages Remain Within Affordable Levels Despite Rising Prices. share of income over the past decade, but remains within the affordable range. The affordability zone for housing is anything less than 30% of the buyer's income. Realtor.com’s economist says the affordable mortgage payments result from low interest rates.

Income 98

Income Housing Zoning 98

Pro Builder

DECEMBER 23, 2022

Home prices and mortgage rates are falling from their peak 2022 highs, but an increase in housing affordability hasn't yet translated to a boost in buyer activity . Affordability. Market Data + Trends. Affordability. The typical U.S. The typical U.S. While more favorable homebuying conditions have resulted in a 4.6%

Seattle 97

Seattle Negotiation Housing Contract 97

Pro Builder

DECEMBER 12, 2021

Solutions to Housing Affordability. So when I gave you, our readers, the opportunity to submit a write-in response to the question: “What’s needed to enable more affordable housing?” within our annual housing forecast survey (see the results on page 17), I got what I deserved from more than 300 of you. Builders.

Housing 98

Housing NAHB Regulation Forecasting 98

Pro Builder

NOVEMBER 17, 2022

When Can Buyers Expect an Improvement in Housing Affordability? Home prices are expected to fall by 8% in the year ahead, but according to Realtor.com, that doesn’t necessarily mean housing affordability is making a comeback. Affordability. Market Data + Trends. Affordability. Thu, 11/17/2022 - 10:19.

Housing 97

Housing Income Forecasting Construction 97

Pro Builder

JUNE 2, 2022

NAHB and HUD Showcase Housing Innovations. NAHB Policy Briefing | NAHB partners with HUD on Innovative Housing Showcase seeking solutions for housing affordability and resiliency; data show number of active homebuyers drops. Home Affordability Report Shows Increased Pressure for Affordable Housing.

NAHB 105

NAHB Innovation Housing Products 105

Pro Builder

MARCH 28, 2023

In fact, according to the Federal Reserve Bank of Atlanta, housing affordability is worse now than it was at any point in the lead up to the housing bubble in 2008, but a number of housing experts say the worst of an affordability crisis may already be behind us. in Q4 2023, Fortune reports.

Housing 52

Housing US Banking Income 52

Pro Builder

DECEMBER 20, 2021

Movers Looking for Affordability Tested Out New Zip Codes in 2021. More Americans are swapping out their old addresses for new ones in these affordable metro areas. In 2021, a growing number of Americans with remote work flexibility moved to areas with greater affordability to maximize their homebuying dollar in more appealing markets.

Los Angeles 98

Los Angeles Metro Phoenix Austin 98

Pro Builder

FEBRUARY 22, 2023

Read more New-Home Sales Market Data + Trends New-Home Sales The typical home value fell just 0.1% from December to January, reaching $329,542 during the first month of 2023, Forbes reports. The typical home value fell just 0.1% from December to January, reaching $329,542 during the first month of 2023, Forbes reports.

Inventory 98

Inventory Union Housing 98

Pro Builder

MAY 25, 2023

But recent data suggest professional investors may be tapering off their home purchasing. Affordability is driving so much of the market now,” [ Hannah] Jones says. The traditionally affordable areas are continuing to see more investor activity. Read more Financing Market Data + Trends Market Data + Trends

Residential 98

Residential Finance Accounting Housing 98

Pro Builder

FEBRUARY 7, 2023

Here’s What Housing Experts Anticipate in a Cooling Winter Market ldeakins Tue, 02/07/2023 - 10:27 Borrowing costs are falling, home price growth is slowing, and buyers are regaining negotiating power, but will a cooler market persist even after the winter season ends?

Housing 97

Housing Negotiation 97

Pro Builder

JUNE 22, 2023

in 2023 compared with 2022, but that housing correction varies by region. Buyers simply couldn’t afford those price tags plus high mortgage rates, so something had to give. In the more affordable Midwest and Northeast, prices have steadied or even risen.

Forecasting 52

Forecasting Housing 52

Pro Builder

JANUARY 3, 2022

Will 2022 be the year of affordability, or will more buyers be priced out of a record hot market? And at some point, affordability will start to matter, but in general - with low mortgage rates - houses are still somewhat affordable (see the bottom of this post on affordability). Market Data + Trends.

Inventory 98

Inventory Forecasting Housing 98

Pro Builder

MAY 5, 2022

A lack of affordability will alleviate some inflationary pressure in the housing market, but more rate increases are likely in the near future, experts say. The days of double-digit home price growth are probably numbered, predict housing experts. from the same time last year, according to Realtor.com data. Affordability.

Housing 98

Housing 98

Pro Builder

FEBRUARY 8, 2022

Buyers are feeling pessimistic about finding affordable housing in a record-breaking market with more price gains ahead. While just one quarter of respondents suggested that now is a good time to buy a home, 69% said that the current housing market is ideal for sellers. Affordability. Market Data + Trends.

Housing 98

Housing Bidding Construction 98

Pro Builder

FEBRUARY 23, 2022

are planning a move to a new city as affordability becomes increasingly hard to find. of Redfin.com house hunters eyed a move to a different metro area in January 2022, up from 31.5% Some homebuyers who prioritize affordability may start searching in less expensive northern cities.” . Housing Markets. Affordability.

Miami 98

Miami Phoenix Metro Tampa 98

Pro Builder

FEBRUARY 22, 2023

The State of US Housing: Joint Center for Housing Studies Perspective ibush Wed, 02/22/2023 - 07:00 The Center's managing director outlines the nation's housing challenges for the Senate Banking, Housing, and Urban Affairs Committee as it works to set its agenda Testifying before the Senate Banking, Housing, and Urban Affairs Committee on Feb.

Housing 52

Housing US Banking Income 52

Pro Builder

AUGUST 12, 2022

Sellers Pull Back as Buyer Demand Falls, but Overall Housing Supply Continues Upward Climb. Here's what that means for buyers who can still afford home purchases. Nonetheless, overall housing supply is still on the rise, Redfin reports. Market Data + Trends. Market Data + Trends. Fri, 08/12/2022 - 09:51.

Housing 98

Housing Bidding News Products 98

Pro Builder

MAY 18, 2022

Suburban housing markets are seeing high demand and rapidly rising prices, forcing some buyers to return to nearby metros. suburban home gained $66,490 in value during the year ending March 2022, causing some buyers to instead search for housing in city centers, Zillow reports. Housing Markets. Market Data + Trends.

Metro 98

Metro Housing 98

Pro Builder

OCTOBER 1, 2022

Housing affordability recently took another hit as the 30-year fixed mortgage rate reached 7%, and a growing number of prospective buyers are struggling to stay in the game. Affordability. Market Data + Trends. Affordability. As Mortgage Rates Surge to 7%, Buyers Are Facing a Shrinking Window of Opportunity.

Inventory 98

Inventory New York Housing Finance 98