Ivy Zelman told CNBC that builders are pulling back as affordability tightens, and new NAHB and Census data confirm the slowdown—with single-family permits down 5.1% and completions down 8% in April.
Builder confidence is rising post-election, but will it last? Explore the optimism driving the market—and the challenges builders continue to face.
A new Realtor.com report shows a 7.2 million unit gap between housing formation and housing supply, due to more than a decade of underbuilding.
A new Fannie Mae report offers a more bullish revision on their earlier forecast, with mortgage rates dipping below 6% in the fourth quarter of 2024.
Lawrence Yun, chief economist for the National Association of Realtors (NAR) reacts to Tuesday’s Census data release showing a surge in U.S. housing starts in November.
Fannie Mae has revised their outlook for the U.S. economy and housing market. Their December report predicts an economic deceleration in 2024, along with a slow recovery for home sales and mortgage originations.
It’s officially summer, which means one thing in the real estate industry—we’ve moved past what is historically the busiest home buying and selling season of the year. But if the spring market is really over, it begs the question: what will the rest of 2023 be like?
Fannie Mae’s Economic and Strategic Research (ESR) Group released its revised forecast on May 19th. The group expects the U.S. to enter a mild recession later this year, along with a decrease in home prices.
Byron Lazine and Tom Toole discuss declining mortgage rates after the bank collapse, the increase in housing starts, the best way to fight inflation, and accidental landlords.
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