The World Prepares to Re-Open Economies
Recovery will likely accelerate slow-building trends BY PATRICK DUFFY Amonth ago, I wrote about an econ- omy in disarray due
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New This Week
Housing Affordability Continues to Plummet
Housing affordability remains a challenge regardless of home price growth decelerating. According to Mortgage Professional America, less than half (42.8%) of
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Epcon Communities Announces Nashville Market Entry
Epcon hires Dwight O’Neal to lead Nashville market NASHVILLE, Tennessee (Aug. 11, 2022) – Epcon Communities has announced its entry into
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LGI Homes Announces its Newest Community in the Riverside Market
VICTORVILLE, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of a new
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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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Housing in an Uncertain Economic Environment
Housing is likely to remain resilient in the face of near term economic headwinds By Thomas P. LaSalvia Inflation remains
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Millennials and the Housing Market
What millennials are looking for in a new home By Rose Quint Millennials have become the single-largest generation in the
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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 ‘on Their A–’
As a result of the pandemic housing boom, home building production was ramped up, thus equalling oversupply. According to Fortune,
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Alliance Residential Company Acquires 18 Acres For Prose Rhyne In Northwest Charlotte
Multifamily developer to build new property offering attainable quality, easy access to I-485 and airport CHARLOTTE, N.C. (August 03, 2022) – Alliance Residential Company, one of the largest multifamily developers in the nation, has
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Rising Trends to Help Builders Navigate a Downturn
46 million people moved during the pandemic, creating both challenges and opportunities for builders By Patrick Duffy In the 12
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A Pioneer to Customer Relationship
Landsea Homes provides their customers with a truly customizable and sustainable experience Driven to create inspired spaces that connect seamlessly
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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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The Housing Market Correction Takes an Unexpected Turn
Being priced in a recession by financial markets puts downward pressure on mortgage rates. According to Fortune, while the Fed doesn’t
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Home Prices Cooled at a Record Pace in June
Mortgage rates and inflation caused housing demand to drop and, in turn, resulted in home prices dropping. Read More
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Reno Market Experiencing Most Price Reductions
According to President of the Reno-Sparks Association of Realtors Sarah Scattini, 32% of inventory in Reno were experiencing price cuts.
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VP Announces New Private and Public Sector Efforts to Align Tens of Billions in Investments in Underserved Communities
The federal government and a coalition of 24 companies and foundations are coming together to align historic investments in underserved
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Fed Lifts Rates by 0.75% Again to Fight Inflation but Housing Already in a Recession
The Federal Reserve raised federal funds by 75 points, targeting their 2.5% goal, thus making business and consumer costs higher.
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More Homes for Sale, but Low-Priced Listings Remain Scarce
The increase in national home sales has been largely associated with higher home prices starting at $250,000 or higher with
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21st Century Sustainability at Sterling Ranch
A community for generations to come By Hanna Heiss Nestled in the Rocky Mountain foothills in the town of Littleton,
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High Mortgages Dampen Demand
A housing crash is not a foregone conclusion By Alex Barron At the beginning of 2022, the outlook for the
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A Tale of Two Consumers is Emerging
M&A Update: a bifurcation in buying trends, as a tale of two consumers is emerging By Margaret Whelan The long-awaited
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Publisher’s Note: August 2022
August is here! I hope you are enjoying a great summer. Interest rates are putting the brakes on housing starts,
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Mattamy Homes Announces Grand Opening of New Master-Planned Community in Garner, North Carolina
New community, Magnolia Park, by Mattamy Homes brings amenity-rich single-family and townhome living to Wake County RALEIGH, N.C., July 25, 2022 /CNW/
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Rising Trends to Help Builders Navigate a Downturn
46 million people moved during the pandemic, creating both challenges and opportunities for builders By Patrick Duffy In the 12
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Epcon Franchising Adds New Franchise Builders in Second Quarter
COLUMBUS, OHIO (July 21, 2022) – Epcon Franchising has announced the addition of three new Franchise Builders in the second
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Economy Continues Struggle to Find Balance
Recent history creates a useful guide for economy and housing market By Patrick Duffy These days it’s hard to fault
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