Florida Housing Market Predictions 2024
In recent years, the Florida housing market has experienced significant growth, witnessing a surge in home prices. However, as interest
Read MoreIn recent years, the Florida housing market has experienced significant growth, witnessing a surge in home prices. However, as interest
Read MoreIn April, builder confidence remained unchanged, attributed to mortgage rates hovering around 7% for the past month and the absence
Read MoreIn the initial two months of 2024, the cumulative count of single-family permits granted nationwide stood at 155,236. Compared to
Read MoreIn February, the wage growth of residential building workers surged to 6.2%. Following a 0.3% uptick in June 2023, the
Read MoreInsufficient existing inventory persists in propelling buyers towards new home construction, bolstered by robust demand and mortgage rates lower than
Read MoreThe success of a home sale hinges on crafting an effective pitch that resonates with the buyer’s life experiences and
Read MoreIn March, consumer confidence remained stable, as positive sentiments regarding current conditions balanced worries about the future economic prospects. The
Read MoreIn the latest HBGI report, fresh analysis by NAHB on residential permit data reveals that approximately 25% of single-family construction
Read MoreThe housing market in the US is witnessing a rise in available homes for sale, with a notable 5% increase
Read MoreIn spite of the increasing mortgage rates observed in February, existing home sales persisted in their upward trend, reaching a
Read MoreAccording to recently published data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales
Read MoreDuring February, employment numbers persisted despite higher interest rates. Although the unemployment rate rose, the labor force participation rate remained
Read MoreIn March, which marks Women’s History Month, NAHB’s workforce development team will shine a spotlight on women in the construction
Read MoreThe NAHB’s analysis of Census data states that private residential construction spending increased by 0.2% in January 2024, marking the
Read MoreDuring Women’s History Month in March, the NAHB’s workforce development team will showcase women who are making significant contributions to
Read MoreWith Women in Construction Week™ on the horizon, 84 Lumber and the construction sector prepare to honor the invaluable contributions
Read MoreThe NAHB/Wells Fargo Housing Market Index (HMI) relies on a monthly survey of NAHB members aimed at assessing the state
Read MoreThere is significant demand for homes across various locations. However, the housing market in three Illinois cities stands out for
Read MoreThe start of 2024 brought hope for a boost in the slow U.S. housing market as there was optimism for
Read MorePrimarily fueled by consumer demand, home prices have surged since the onset of the COVID-19 pandemic. According to government data,
Read MoreAnticipated moderation in mortgage rates over the next few months, the possibility of future rate reductions by the Federal Reserve
Read MoreToward the conclusion of 2023, the pace of construction for single-family homes designed specifically for rental purposes picked up, driven
Read MoreAccording to the Real Estate Board of New York’s latest report, New York City experienced a notable surge in its
Read MoreBased on the most recent data from the 2022 American Community Survey[1], the median age of owner-occupied homes stands at
Read MoreDuring November, the housing market witnessed a decline in the high mortgage rates that had previously been a burden, dropping
Read MoreAlicia Huey discusses the 2024 International Builders’ Show (IBS) taking place in Las Vegas in her February update, According to
Read MoreIn 2023, numerous prospective homebuyers, particularly first-time purchasers, found themselves discouraged due to escalating home prices, which made affordability a
Read MoreThis week, the U.S. Department of Energy (DOE) implemented a final regulation establishing updated energy conservation standards for conventional consumer
Read MoreAs a result of a more restrictive monetary policy, the overall number of job opportunities across the economy has been
Read MoreIn 2022, despite record inflation, increased interest rates, and housing affordability challenges, young adults persistently moved out of parental homes.
Read MoreThe decline in interest rates during the final weeks of 2023 spurred buyers into action and contributed to a surge
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