More Than 200,000 Construction Jobs Added Since November 2021
Year over year, construction sector jobs in the United States increased by 248,000 ā a 3.3% increase compared to the
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Author: Hanna
Shea Homes Plans Two New Communities with Purchase of 51 Acres in Fort Mill, S.C. for $9.12M
Transaction paves the way for 137 single-family homes; Land Advisors Organizationās Charlotte office facilitates deal Land Advisors Organizationās Charlotte office
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FHFA Finalizes 2023-2024 Housing Goals for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) issued a final rāule for Fannie Mae and Freddie Mac that establishes benchmark levels
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U.S. Enters a Macroeconomic Maze in 2023
National Association of Home Builders Chief Economist Robert Dietz provides housing industry overview. According to NAHB, as the easing cycle
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For the Millennial and Gen X Homebuyer
Miller & Smithās The Retreat at Westfield offers convenience and views By Hanna Heiss Founded in 1964, Miller & Smith
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Multifamily Market Untouched by Construction Slowdown
Homebuilding activity may be slow for the single family market, but that’s not the case for the multifamily sector. According
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Fannie Mae Home Purchase Sentiment Index Rises For 1st Time In 9 Months
The Fannie Mae Home Purchase Sentiment Index (HPSI) increased to 57.3, marking a 0.6 point increase for November. According to
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Thomas James Homes Introduces New Luxury Home Collection, āGrace by Thomas James Homesā
Eight customizable, single-family homes are now under development in the sought-after Lochleven neighborhood. Ā Thomas James Homes (TJH), a homebuilder delivering
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Home Prices Fall for Third Straight Month in September
Dropping for three straight months, median home prices fell 0.52% in September. According to Seeking Alpha,Ā homes have shed 2.6% of
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FHFA Announces Conforming Loan Limit Values for 2023
The Federal Housing Finance Agency (FHFA) announced that in high-cost areas, the baseline loan limit will be $1,089,300 for one-unit
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Efficiency Backed by Sustainability
Verandah at Valley Oaks is a testament to clean building with nearly zero lumber waste. By Hanna Heiss Driven by
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U.S. New-Home Sales Unexpectedly Rise, Driven by Demand in South
New home sales rose, climbing 7.5% in purchases. According to Bloomberg,Ā sales of new US homes unexpectedly rose in October, largely
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Mortgage Applications Climb Again
In the week ending in November 18, mortgage applications climbed 2.2%. According to Mortgage Professional America,Ā the MBAās market composite index
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Toll Brothers Apartment LivingĀ® and Equity Residential Celebrate the Groundbreaking of Three New Luxury Rental Communities in North Texas
The groundbreaking marks the start of construction of more than 1,000 luxury units throughout Dallas-Fort Worth area, and kicks off
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Landsea Homes Announces Final Home Opportunities at Two Greater Orlando Communities
–Ā Ardmore Reserve consists of 674 single-family homes – Celery Oaks consists of 103 single-family homes – High Performance Homes surrounded
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U.S. Building Materials Prices Decreased in October
The prices of U.S. building materials decreased by 0.2% in October, following a 0.5% decline in September. According to Lesprom,Ā the
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Mortgage Applications Increase Following Brief Pause in Rate Hikes
As one form of activity remains low, mortgage applications drive weekly increase. According to Mortgage Professional America,Ā āMortgage rates decreased last
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Family Development and Mosaic Break Ground On 209-Unit Luxury Rental Community
Construction is underway at Town Germann, a single-family for-rent gated community.Ā Family Development and MosaicĀ have announced the groundbreaking at Town
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FHFA Announces 2023 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac
According to the Federal Housing Finance Agency,Ā āThe 2023 multifamily loan caps, coupled with a new mission-driven category for workforce housing
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What Do the Midterm Results Mean for Housing?
According to NAHB,Ā housing has always been a bipartisan issue. High home prices have pushed ownership out of reach for most
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Two Landsea Homes Communities In Greater Phoenix Metro Area Are Now Sold Out
Riata at Alamar consists of 75 single-family homes Farmstead at Harvest consists of 90 single-family homes High Performance Homes surrounded
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Framing Lumber Prices Close to Pre-Pandemic Levels
Lumber is at $447 per 1000 board feet, down from the peak of $1,733, and down 33% from $663 a
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Build-to-Rent Communities Offer Affordability Amid Rising Interest Rates
The density of units in build-to-rent communities offsets the higher costs required to purchase land. According to ReBusiness, the BTR
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Housing Market Will Lead Us Out of a Recession
Mortgage rates, though expected to rise, won’t move much higher than they are now. According to Fox Business,Ā the housing market
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U.S. Mortgage Rates Slip From Record High After Fed Rate Hike
The 30-year fixed mortgage rate fell to 6.95% as of November 3. According Mortgage Professional America, the drop followed the
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Hudson by Landsea Homes Grand Opens in Placentia
New community of 139 townhomes offers opportunity for attainably priced, high-quality housing in Orange County Placentia, CA. āĀ LandseaĀ Homes Corporation (Nasdaq:
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KB Home Launches First Microgrid Communities in California
The first all-electric, solar- and battery-powered microgrid communities in California have been announced by KB Home. According to Businesswire,Ā every new
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Lumber Prices Drop Near Pre-pandemic Levels
In the last 90 days lumber supplies pricing for new homes dropped $6,000. According to Concho Valley, āItās a good
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Mortgage Rates Fall for First Time in Months
For the first time in more than two months, mortgage rates fell. According to The Hill,Ā the MBAās weekly survey shows
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U.S. Home Prices Fall For Second Straight Month in August
The 20-city house-price index fell 1.3% in August, its second consecutive monthly decline. Year-over-year price appreciation rose 13.1%, reflecting the
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Interest in New Homes on the Rise
The share of adults planning a home purchase within a year rose from 13% in the first half of 2022
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