Housing Market Shortage PersistsOverall housing inventory plummeted 43% in January compared to the same month in 2020. New listings were also down by 23% year over year. The home shortage increased U.S. median home prices by 15.4%, up to a national average of...
Double-Digit Growth for Residential Construction Investment in the residential construction market has risen more sharply than previously anticipated, according to a report published on Feb. 9. The residential construction market has outperformed the broader economy...
2021 Housing Market TrendsThe pandemic continues to shape the housing market and consumer preferences. In many cities across the nation, inventory shortages persist as buyers look for homes that accommodate remote work and their desire to take advantage of low...
Today's Housing Market News:Where People Are (And Aren't) RelocatingMoving within the next year is on the minds of about half of Americans. The majority of potential homebuyers are planning to stay in the state where they currently reside. Generally speaking, states...
Mortgage Market UpdateLowest Ever Inventory Faces Exploding DemandIn December, the number of homes for sale sank to an all-time low, dipping below 700,000 for the first time ever. With demand remaining high, homebuyers can expect a bidding war and that they may have...
Housing Market UpdateLast Year's Hottest Home UpgradesDesigners and contractors had a busy 2020 helping homeowners update their homes. Many closets received a full makeover, creating better organization with custom storage and shelving units. Thanks to COVID, mudrooms...
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