Multifamily starts crater 41.6% as housing pipeline thins
May's Census data shows apartment construction collapsing while single-family plateaus
by Nick Pipitone Jun 17
American dream of homeownership
Stuart Siegel, President and CEO of Engel & Völkers Americas, writes that while the American dream of homeownership is not dead, it is changing
by Stuart Siegel Sep 5
Home for sale sign, with sale pending
Driving the revised forecast are expectations for slightly cooler economic growth and hotter inflation, which could mean mortgage rates come down a little more slowly
by Matt Carter Aug 19
'Construction is in a funk': Homebuilding improves, but inventory issues remain
The slight monthly boost comes as builders continue to battle economic headwinds and cooled buyer demand. Housing starts and completions are not on track to meet national inventory needs
by Lillian Dickerson Aug 19
Single-family permits and starts reach 11-month low in June
Negative buyer and builder sentiment matched with growing economic uncertainty to stifle new construction in June, with single-family permits, starts and completions taking the biggest hit
by Marian McPherson Jul 18
Century 21 CEO on rethinking the inventory challenge
Adapting to market changes and creating options for clients allows real estate agents to stay relevant and engaged no matter what shifts may occur, Century 21 CEO Mike Miedler writes
by Mike Miedler Jul 15
New residential sales drop nearly 14% in May, their sharpest in 3 years
Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives
by Lillian Dickerson Jun 25
Lower rates could bring more home sales: Fannie Mae forecast
While Fannie Mae economists see mortgage rates coming down by a full percentage point, forecasters at the Mortgage Bankers Association have issued a more cautious take
by Matt Carter May 21
Housing starts beat expectations in February but headwinds loom
Privately owned housing starts rose 11.2% but still fell behind February 2024 activity, according to data released Tuesday. Single-family home construction rose 11.4% to 1.1M on a monthly basis
by Richelle Hammiel Mar 18
Housing starts decline in January as homebuilder uncertainty rises
Multifamily housing starts fell 9.8%, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4% month over month, according to data released Wednesday
by Richelle Hammiel Feb 19
Former HUD Secretary: We need big ideas on affordable housing
At her first ICNY appearance, former HUD Acting Secretary Adrianne Todman talked about missed opportunities to improve inventory and the lack of will for solving affordability challenges
by Marian McPherson Jan 24
How Trump's vow to deport millions of immigrants will impact housing
President-elect Donald Trump promised to begin deporting undocumented immigrants on Inauguration Day. Here's how his plan could disrupt housing starts and reduce affordability
by Marian McPherson Jan 20
Market headwinds stifled new construction growth in June
High mortgage rates, slower homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains
by Marian McPherson Jul 17
Pending home sales fall by 2.1% in May as buyer demand softens
High mortgage rates continued to curb homebuyer activity in May, NAR said. As inventory rises in upcoming months, slower home price growth will follow, and likely more buyers in the market
by Lillian Dickerson Jun 27
Homebuyers jump at lower mortgage rates, but will they last?
Purchase loan applications have surged for 2 weeks in a row, but rates for conforming mortgages are inching back up toward 7% this week as investors weigh the odds of Fed rate cuts
by Matt Carter Jun 20