Real Estate Industry and New Home News
The Fed cut the short-term federal funds rate by an additional 25 basis points at the conclusion of its November...
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Published on: 2024-11-07
Source:
Eye On Housing
In October, mortgage rates reversed their recent downward trajectory, returning to levels two months earlier. According to Freddie Mac, the...
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Published on: 2024-11-06
Source:
Eye On Housing
The Market Composite Index, a measure of mortgage loan application volume by the Mortgage Bankers Association’s (MBA) weekly survey, decreased...
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Published on: 2024-11-06
Source:
Eye On Housing
Private fixed investment in student dormitories increased by 2.2% to a seasonally adjusted annual rate (SAAR) of $3.9 billion in...
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Published on: 2024-11-05
Source:
Eye On Housing
No one is better at guiding you through a real estate transaction than a REALTOR®. Your REALTOR® is a trusted...
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Published on: 2024-11-05
Wages for residential building workers grew at a fast pace of 9.9% in September, following a 10.8% gain in August....
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Published on: 2024-11-04
Source:
Eye On Housing
Private residential construction spending inched up 0.2% in September, according to the Census Construction Spending data. The September report shows...
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Published on: 2024-11-01
Source:
Eye On Housing
Building on the post-pandemic trend, the share of young adults living with their parents fell to a decade low, according...
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Published on: 2024-11-01
Source:
Eye On Housing
Job growth decelerated significantly in October, driven by the effects of strikes and hurricanes. As stated in this month’s job...
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Published on: 2024-11-01
Source:
Eye On Housing
Home price growth continued to slow in August, growing at a rate just above 4% year-over-year. The S&P CoreLogic Case-Shiller...
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Published on: 2024-10-31
Source:
Eye On Housing
Personal income increased by 0.3% in September, following a 0.2% up in August and a 0.3% increase in July, according...
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Published on: 2024-10-31
Source:
Eye On Housing
Approximately 27% of the national housing stock consists of multifamily homes—defined as residential buildings with multiple separate housing units within...
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Published on: 2024-10-31
Source:
Eye On Housing
Housing’s share of the economy fell 0.1 percentage points to 16.2% in the third quarter of 2024 according to the...
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Published on: 2024-10-30
Source:
Eye On Housing
The U.S. economy grew at a solid pace in the third quarter of 2023, boosted by strong consumer spending and...
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Published on: 2024-10-30
Source:
Eye On Housing
The homeownership rate for those under the age of 35 dropped to 37% in the third quarter of 2024, reaching...
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Published on: 2024-10-29
Source:
Eye On Housing
After a period of slowing associated with declines for some elements of residential construction, the count of open construction sector...
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Published on: 2024-10-29
Source:
Eye On Housing
With elevated interest rates and rising home prices, 103.5 million households in the United States cannot afford a $495,750 median-priced...
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Published on: 2024-10-28
Source:
Eye On Housing
As of 2023, nearly 40% of homeowners in the United States are mortgage-free, the highest level seen in the past...
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Published on: 2024-10-25
Source:
Eye On Housing
All-cash purchases accounted for 7.9% of new home sales in the third quarter of 2024, marking the highest level this...
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Published on: 2024-10-25
Source:
Eye On Housing