Fueled by deals, new-home sales soar to highest level in 17 months
New-home sales rose 4.4% in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the US Census Bureau
by Ben Verde Aug 23
Housing starts inch up in July as builders scramble to meet demand
Housing starts increased 3.9% between June and July to a seasonally adjusted annual rate of 1.45M units, according to data released Tuesday by the US Census Bureau
by Ben Verde Aug 16
Texas surged during COVID. Now, its luxury markets are being tested
Droves of people have flocked to Texas for new jobs, tax and affordability purposes, and political reasons, and demand from this new class of wealthy buyers is stretching luxury inventory thin
by Lillian Dickerson Jul 28
Housing starts post rebound in April but inventory remains tight
Housing starts rose 2.2% month over month in April, as homebuyers increasingly turn to new construction to combat low inventory in the resale market, the US Census Bureau reported
by Lillian Dickerson May 17
The markets real estate investors are fleeing amid the housing slump
Despite economic turmoil, investors large and small are still a force to be reckoned with in the housing market. Intel broke down the cities they've soured on — and the ones they just can't quit
by Daniel Houston May 10
New-home sales soar to 1-year high in March as purchases leap 9.6%
The strong monthly uptick in sales marked the fourth-straight month of increases as homebuyers eased back into the market and adjust to higher mortgage rates, according to new Census data
by Lillian Dickerson Apr 25
The ‘Great Reshuffling’ is more complex than we realized
The dust has begun to settle from the great pandemic home-price boom and bust. An Intel deep-dive analysis sheds light on which markets have been hit hardest by falling prices — and why
by Daniel Houston Apr 19
Will migration fizzle out in 2023? History points to existential shift
The migration trends that drove housing demand during the pandemic are ending. But that doesn't mean people aren't moving, according to an Inman analysis of historic data
by Jim Dalrymple II Mar 31
Costly housing spurred California's 500,000-person pandemic exit
The state's population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents' primary reason for departure
by Lillian Dickerson Feb 21
Builders still on bumpy ride, but demand may have bottomed out
New-home starts took a hit in January but remain higher than they were in November. And builders see a path forward to stronger sales, according to a report from the US Census Bureau
by Daniel Houston Feb 16
This is where it takes the longest amount of time to save up for a home
In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in Detroit, who will save for just 2.6 years
by Lillian Dickerson Jan 10
New-home sales continue modest rise — but market 'lull' lies ahead
New-home sales rose 5.8% to a seasonally adjusted rate of 640,000, according to data released Friday by the US Census Bureau and Department of Housing and Urban Development
by Ben Verde Dec 23
President Biden signs the Respect for Marriage Act into law
The act codifies same-sex and interracial marriage rights and ensures same-sex couples' marriages would be federally recognized if the Supreme Court overturns Obergefell
by Marian McPherson Dec 14
Here are the 10 best (and worst) cities for women in real estate
Women in real estate in Toledo make 136% of the earnings of men in real estate in the city, survey says. Women also hold a majority of real estate jobs in the city at 59% of all real estate jobs
by Lillian Dickerson Nov 30
Housing starts fall 4.2% in October
The decline in housing starts, released Thursday by the US Census Bureau. was not as dramatic as a decrease posted in September when starts plunged 18%
by Ben Verde Nov 17