Category Archives: Home & Garden

30-Year Mortgage Rate At The Highest Level In Nearly Eight Years

Information compiled by Freddie Mac shows that mortgage rates are continuing to increase after a slight slowdown in the summer months. The 30-year FRM –

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Gains for Single-Family Built-for-Rent Construction

The number of single-family homes built-for-rent increased over the last four quarters. During this time period, construction starts of this type of housing totaled 43,000 homes,

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Housing Affordability Causes Ongoing Weakness for Home Sales

Contracts for new, single-family home sales declined in October, falling 8.9% to a 544,000 seasonally adjusted annual rate according to estimates from the joint release of HUD and

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Home Price Appreciation Slowed in September

In September, national home prices continued to rise but at a slower pace. Moreover, two metro areas experienced home price declines in September. The Case-Shiller

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Entry-Level Home Inventory Yields Declining New Home Size

Continuing a multiyear trend, new single-family home size decreased during the third quarter of 2018. New home size has been falling over the last three

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Townhouse Construction Continues Strong Performance

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction posted continued to outperform other building

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Single-Family Starts Stable in October as Caution Grows

Total housing starts posted a 1.5 percent increase in October (1.23 million units) compared to a revised September estimate of 1.21 million units. However, total

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Builder Confidence Drops as Housing Affordability Issues Rise

Growing affordability concerns resulted in builder confidence in the market for newly-built single-family homes falling eight points to a level of 60 in November on

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Single-Family Permits: Declines in the Midwest and Northeast

Over the first nine months of 2018, the total number of single-family permits issued year-to-date (YTD) nationwide reached 664,665. On a year-over-year basis, this is

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Most Buyers Don’t Expect House Hunting to Get Easier Soon

Only about 2 out of every 10 prospective home buyers (people looking to buy a home in the next year) expect the search for a

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