Real Estate

Lot Supply Still Low

December 18, 2018

In a recent NAHB survey, 65% of builders reported that the overall supply of developed lots in their areas was low to very low. The lot supply problem is particularly severe in relation to housing starts, which still have only partially recovered from the last downturn.
Looking Way Ahead for Millennials

November 20, 2018

Financial experts are growing concerned by how millennials’ lack of homeownership will impact them financially when they retire.
Advice for Unmarried Buyers

November 6, 2018

A report from National Association of Realtors® found that the highest share of first-time buyers who are unmarried couples was in 2017—the highest on record since 1981.
More Inventory on the Horizon?

October 23, 2018

For the first time in several years, the real estate market is a lagging part of the economy. For some time, the real estate market has led the economy forward, but in the past year or so, the economy has outshined the real estate sector.
Rents for Homes Still Rising

October 16, 2018

Rents for U.S. single-family rental properties increased 3 percent year-over-year in July, up from a 2.7 percent pace a year ago, reported CoreLogic, Irvine, Calif. CoreLogic Principal Economist Molly Boesel said low rental home inventory relative to demand is fueling single-family rent growth.
Purchase Market on the Horizon?

October 2, 2018

By 2020 the US housing market will favor buyers but until then sellers will remain dominant according to an analysis by Zillow.
Have Home Prices Peaked?

October 2, 2018

Home prices may have finally reached their tipping point after increasing 11.4% year-over-year. According to First American’s Chief Economist Mark Fleming, home prices are in the beginning stages of correcting to demand.
Recession 10-Year Anniversary

September 25, 2018

It’s been a decade since the onslaught of the Great Recession, and the housing market has healed and changed drastically since then. Home prices in many markets have hit record highs.