Lumber Prices Fall as Mortgage Rates Rise
Lumber prices fell as US mortgage rates hit the highest level in 14 years, pulling back from an earlier rally
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Newsletter
Newsletter stories for BuilderBytes.com
Federal Reserve Expected to Raise Rates Again
The Federal Reserve will either raise rates by three-quarters of a point for the third consecutive time, to 3%, or
Read moreRental Properties Are In A Bubble
Rental Properties Are In A Bubble Rental properties have generated massive returns for investors over the past decade. However, the
Read moreFall housing inventory building slowly
Fall housing inventory building slowly Higher mortgage rates and low housing supply means it’s more difficult for borrowers to find
Read more9/16/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY Retail sales up 0.3 percent in August and 9.1 percent year-on-year Advance estimates of
Read moreGetting Real With Virtual Tours and Designs
Getting Real With Virtual Tours and Designs It’s more than just a pastime. A virtual tour is a helpful step
Read moreWaitlist Opens For New Senior Affordable Housing Community in Russell Neighborhood
Waitlist Opens For New Senior Affordable Housing Community in Russell Neighborhood Zion Manor Senior Apartments II, a 34-unit apartment for
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Biden-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 week’s
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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
Read moreSingle-Family Lot Values Reach Record Highs
Single-Family Lot Values Reach Record Highs Lot values for single-family detached housing starts in 2021 increased across the nation, with
Read moreThe Fed Could Crash the Housing Market
The Fed Could Crash the Housing Market Some economists warn continued historic rate hikes by the Fed could risk crashing
Read more9/15/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY CPI up 0.1 percent in August and 6.3 percent year-on-year The Consumer Price Index
Read moreCottagecore Remains the Most Popular Interior Design Trend in the U.S., According to One Study
Cottagecore Remains the Most Popular Interior Design Trend in the U.S., According to One Study Cottagecore has been trending on
Read moreKB Home Announces the Grand Opening of Its Vista Del Oro Communities in Highly Desirable Northwest Tucson
KB Home Announces the Grand Opening of Its Vista Del Oro Communities in Highly Desirable Northwest Tucson Homebuilder offers two
Read moreGrand Opening of Affordable Senior Housing in Bakersfield
Grand Opening of Affordable Senior Housing in Bakersfield With the cost of living rising, the new lofts on 22nd Street
Read moreMixed-Use Community in Aurora to Stress Sustainability, Natural Surroundings
Mixed-Use Community in Aurora to Stress Sustainability, Natural Surroundings The number of residential units in each neighborhood will range from
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U.S. Mortgage Interest Rates Top 6% for First Time Since 2008
The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008
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There are Now 210 U.S. Housing Markets at Risk of 15% to 20% Home Price Declines, Says Moody’s
Moody’s Analytics chief economist Mark Zandi says he expects national home prices to decline up to 5% from peak to
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Investor Purchases of Homes Spiked in 2021
Investor purchases of homes increased nationwide in 2021, with some states seeing investor purchases doubled or more from 2020, and
Read moreU.S. Homebuyers Regain Leverage
U.S. Homebuyers Regain Leverage Years of soaring home prices and sharply higher mortgage rates remain hurdles for many would-be homebuyers,
Read moreWith NAHB Support, a Big Win in the Electrical Code Over Nuisance Tripping
With NAHB Support, a Big Win in the Electrical Code Over Nuisance Tripping A coalition of HVAC manufacturers and home
Read more9/13/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY July consumer credit use rise slumps to 6.2 percent annual rate In July, consumer
Read moreThe Fate of Floral Home Decor
The Fate of Floral Home Decor More recently, floral decorations have been reemerging in interior design trends — but some
Read moreKB Home Announces the Grand Opening of Windsong, a New-Home Community
KB Home Announces the Grand Opening of Windsong, a New-Home Community Windsong showcases a wide selection of one- and two-story
Read moreMegatel Homes Announces Close-Out of Single-Family Residential Development Near Dallas
Megatel Homes Announces Close-Out of Single-Family Residential Development Near Dallas Ranging in size from 1,983 square feet to 2,608 square
Read moreLennar’s Stonehill in Liberty Lake
Lennar’s Stonehill in Liberty Lake Sizes range from approximately 1,849 to 2,213 square feet of living space with three to
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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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Mortgage Rates Reach Highest Level Since 2008
Rate for a 30-year mortgage nears 6% Freddie Mac said Thursday that its latest Primary Mortgage Market Survey shows the
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