The Housing Market Moves Closer to a Correction
Prices are retreating from their historic highs, effecting us all, buyers and renters. According to Consumer Affairs, âsix months to a
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Author: Hanna
New U.S. Home Construction Rises Amid Drop in Applications To Build
Though new home construction rose to 12.2% as of August, applications to build declined to their slowest pace since June
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Mortgage Applications Gain Steam Despite 14-Year High Rates
Mortgage applications rebounded with a 3.8% weekly gain in volume levels. According to Mortgage Professional America, âtreasury yields continued to climb
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Biden-â Harris Administration Announces New Buy Clean Actions
New actions under the Federal Buy Clean Initiative have been announced by the Biden-Harris administration to spur development of low-carbon
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U.S. Home Price Growth Slows to Lowest Level Since January
Home price growth slows as new listings have declined for 10 straight weeks. According to Mansion Global, although last weekâs
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US Mortgage Rates Climb Above 6% for First Time Since 2008
As new data was released, it was found that mortgage rates have risen to above 6% for the first time
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New Home Building Trend Spotted in Smaller Metros
Slowed construction growth in larger metro areas has allowed for the activities in smaller cities and rural areas continues to
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Mortgage Rates Hit 14-Year High
U.S. mortgage rates, continuing to rise, reach a new high. According to The Real Deal, the average rate on a 30-year
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It Started: The Housing Market Is Collapsing
High mortgage rates, supply chain issues and labor shortages, all of which are leading home builders and mortgage brokers to
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âHousing Correctionâ Is Coming
Though still recovering from the pandemic, a housing correction is on the horizon. According to Michigan Live, two-thirds of the nationâs
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âSell My Houseâ Hits Its Highest Point in U.S. Internet History
In July of 2022, the term “sell my house” was searched via the internet more than it ever has in
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Addressing the Affordability Crisis
ADUs and multigenerational homes serve as short-term solutions for the low housing stock and affordability crisis. By Yvonne Nguyen The
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City Ventures To Unveil Skyridge, a âTop of the Worldâ Enclave of Estate Homes in Joshua Ranch
Palmdale, CA, August 31, 2022 â City Ventures, Californiaâs leading builder of solar, all-electric homes, announces the highly anticipated Grand
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Homebuildersâ Rally Fizzles as Higher Rates Are Here to Stay
The $16 billion surge in July is no longer as the Federal Reserve zeros in on inflation through increased interest
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U.S. Home Price Growth to Stall Completely
Though already having fallen and sparked fear of recession, home prices have further to go. According to New York Post,
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Mortgage Rates Climb Again, Jumping to More Than 5.5%
Mortgage rates have jumped yet again as investors tried to make sense of their mix-signaled data of the health of
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Big Chill: U.S. Homebuying Cooldown Is Intensifying
Declining home sales mean for a recession but home prices are saying something different. According to the OC Register, âWhile
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U.S. Mortgage Rates Ease Back but Avoid Sub-5% Ahead of a Big Week
U.S. mortgage rates fell back in the week ending August 18, an upswing could be in store. According to FX
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U.S. Housing Market Sliding Into Recession
Mortgage applications fell 18% year over year, the lowest level in 22 years, while refinance volume plunged 82% compared to
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Building Material Prices Continued Climb in July
The prices of building materials rose 0.4% in July while softwood lumber prices increased 2.3%. According to NAHB, the PPI for
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FHFA Proposes 2023-2024 Multifamily Housing Goals for Fannie Mae and Freddie Mac
New benchmark levels have been proposed by the Federal Housing Finance Agency (FHFA) for the mââultifamily housing goals for Fannie
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Housing Market Entering âThe Great Normalizationâ
First American Financial Corporation released their proprietary Potential Home Sales Model for the month of July 2022. According to Business
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The Great Real Estate Tumble Of 2022
With housing just having delivered the worst two month hit since 2008, a 1970’s housing market is very much a
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Are House Prices Going Down?
With inflation cooling last month, so is the U.S. housing market, but with a slight catch. According to WGNO, the
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‘Housing Market Crash’ Interest Soars as Americans Worry About Economy
A potential market crash has surged and is around the corner as the U.S. housing market could sharply decline due
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Two New Landsea Homes Communities Now Open In Polk County, Florida
Legacy Landings and Hammock Reserve feature High-Performance Homes for varying lifestyles  Two new communities of single-family homes and townhomes
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Canadian Lumber Tariffs Cut by More than Half
A final third administrative review has been issued by the Department of Commerce to reduce duties on shipments of Canadian
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Home Prices Are Falling as Homebuilders Get Put âon Their Aââ
As a result of the pandemic housing boom, home building production was ramped up, thus equalling oversupply. According to Fortune,
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Tri Pointe Homes Starts Construction On Sentinel At Oro Ridge
The homebuilder returns to a hot and highly ranked housing market in the East Valley with a range of fresh
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Santa Rita Ranch Named Top-Selling Master-Planned Community in the Austin Area by RCLCO
Santa Rita Ranch, a 3,800-acre historical ranch redesigned as a master-planned community with world-class amenities and spectacular views near Austin,
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Mortgage Applications Inch up for the First Time in Five Weeks
For the first time since June 24 mortgage applications inched up. According to CNBC, the slight increases came as mortgage
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