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Homebuilder confidence continues to slide as interest rates continue to rise

Sep 19, 2022
Materials and labor costs are up. Building costs will climb further if interest rates on construction loans rise.
Rising interest rates are not only causing potential homebuyers to hold off on purchases, but increasing the cost of home construction.
Frederic J. Brown/AFP via Getty Images

The U.S. housing shortage has doubled in less than a decade, report finds

Jul 15, 2022
A big part of the problem? A lack of new construction and municipal zoning laws that discourage or prohibit multifamily homes.
David Paul Morris/Getty Images

Why are there still so few houses for sale?

May 31, 2022
Sellers who don't want to become buyers and the refinancing craze play roles in the lack of supply.
On a typical day in April 2019, about 1.2 million homes were for sale in the United States. Last month, it was a little over 400,000. 
Frederic J. Brown/AFP via Getty Images

Why there's so much new multifamily construction right now

Apr 21, 2022
Rents are up, providing builders an incentive.
Higher rents in outlying suburbs have been an incentive for builders to construct more apartments.
Al Bello/Getty Images

Aging housing stock fuels home improvement boom

Feb 23, 2022
Among the beneficiaries: Lowe's and Home Depot.
Lowe's and Home Depot, chains that sell renovation products, reported strong financial results this week. The trend is tied to the undersupply of new homes.
Mandel Ngan/AFP Getty Images

Although housing starts slid in January, more building is coming

Feb 17, 2022
As that omicron wanes and weather warms, analysts expect building to pick up. That doesn't mean it'll make a dent in the housing shortage.
An increase in permits "represents the green shoots of some much-needed housing supply," said Odeta Kushi, deputy chief economist at First American Financial Corp.
Getty Images

Borrowing for second homes to become more expensive

Jan 7, 2022
Demand for vacation homes has crowded out would-be homeowners, but will higher fees make a dent?
Upfront fees for some second-home loans could increase by as much as 3.9% starting in April. Above, beachfront vacation homes in Florida.
felixmizioznikov via Getty Images

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First-time homebuyers found a tough housing market this year

Dec 28, 2021
The National Association of Realtors estimates about a million potential first-time buyers have been left on the sidelines because of rising home prices and other factors.
All-cash offers are making house purchases less accessible for first-time home buyers.
Brandon Bell via Getty Images

Multigenerational households make good economic sense

The most recent numbers we have show 20% of the American population is living in multigenerational households.
"The multigenerational home is a safety net, yes. But the bigger story is the compelling economics of multiple generations living under one roof," says Marketplace senior economics contributor Chris Farrell.
Morsa Images via Getty Images

Rising costs will continue to hit homebuilders

Dec 26, 2018
New home sales have been slipping most of the year for a variety of reasons
A worker builds a new home at the Pulte Homes Fireside at Norterra-Skyline housing development on March 5, 2013 in Phoenix, Arizona.
Justin Sullivan/Getty Images