Trends
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Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to
At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory
Though overall construction is mostly flat from last year, both single family and multifamily are putting up some encouraging numbers. Residential construction spending was up just 1.3 percent from September to October and 1.8 percent from Oct. 2013, rising
Stable, moderate price appreciation may tell a much larger economic story. Though the pace of home sales has slowed throughout much of the nation, year-over-year price gains remain healthy, increasing in October yet again, making 32 months of
There’s very little that’s conventional in terms of how homebuyers today finance their purchases, as 2014 draws to a close. In our most recent story on NAR’s 2014 Profile of Home Buyers and Sellers, we looked at how consumers
Contract signings are down late in the year but still above average. The latest Pending Home Sales Index report from the National Association of Realtors showed a slight dip in pending home sales in October. Still, levels remain healthy
One aspect of the economic recovery could haunt the housing market far beyond its current cycle. Seven million is a big number, and unfortunately –for both the housing market and the wider economy – it’s attached to a remnant of the Great
Everybody wants a new home, but fewer people will be able to afford them at this rate. Newly built single-family homes are extremely expensive. That was the big takeaway from the latest new home sales report from the Census
It would appear to be a glaring contradiction in the nation’s housing market, but a bit of flip-side thinking immediately clears things up. The HMI, the NAHB’s measurement of builder confidence, rose yet again this month, jumping four points
While home prices slow nationwide, they just keep on increasing in our metro area. Exceeding expectations was the name of the game for home prices in the Texas housing market. In Dallas, home prices in September rose 7.4 percent year-over-year and 0.3 percent
Sure, existing-home sales were up, but there was another side of NAR’s report that suggested even better things for housing. Last week, the National Association of Realtors announced that existing-home sales in October posted their first yearly increase in
Google’s first foray into housing data has yielded some encouraging – albeit sobering – numbers for the housing recovery. Earlier this month, we reported that Google and Auction.com were diving head-first into the real estate data game with NowCast,
The manner in which prospective homebuyers search for residences suggests very interesting things about the housing market. About a month ago, we reported on what has been a radical upheaval to how real estate functions: 43 percent of homebuyers
As has been the case for some time now, the residential construction market rose and fell on the strength of multifamily housing. Residential construction saw disappointing numbers in October, and as has been the case during the whole housing
The term “affordability” is thrown around quite a bit, but when it concerns the middle class, the scenario is all the more interesting. According to a detailed new report from Trulia, 46 percent of the Houston area’s housing stock is affordable
Looking for a good mortgage rate? All you need is good credit and a lot of money. In recent years, expectant homebuyers vying for a good mortgage rate have faced dire odds as once loose lending standards continue tightening