New tariffs on Canada, Mexico & China could add $10K to new home costs. A compromise may be coming—here’s how it impacts prices, builders and buyers.
Builder confidence is rising post-election, but will it last? Explore the optimism driving the market—and the challenges builders continue to face.
Fannie Mae’s ESR Group published its August 2023 commentary on recent economic data and its likely impact on the housing market. Data points to an eventual downturn, which they now expect in the first half of 2024, though a soft landing is possible.
Byron Lazine, Lisa Chinatti, and Tom Toole discuss the return of the savagely unhealthy housing market, housing inventory reaching its lowest level on record, rising builder confidence, and their top six book recommendations for knowledge brokers.
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose five points in June 2023 to 55, lifting builder confidence into positive territory, thanks to solid buyer demand, lack of inventory, and improved supply chain efficiency.
The NAHB/Wells Fargo Housing Market Index (HMI) rose two points to 44, marking the third consecutive monthly increase in homebuilder sentiment levels.
Lisa Chinatti and Tom Toole discuss the Senate hearing with Jerome Powell, climbing mortgage rates, the 6.5 million housing unit shortage, conflicting data for unemployment, and the challenges facing buyers and sellers in the current market.
Real estate can be pretty fickle, and constant negative news about mortgage rates, home prices, and layoffs can get people down.
Each week, we’re giving you the most uplifting and positive news in real estate. This industry can get tough, so here’s a little sunshine to start your week!
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