Economy: Page 45
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Construction spending unchanged in May as private sector slows
Public construction drove spending for the month — marking a departure from the trend earlier this year.
By Kim Slowey • July 5, 2017 -
CoreLogic: Home prices up 6.6% year-over-year in May
Continued price growth is boosting home equity, but it is also driving away renters and potential first-time buyers as inventory struggles to keep up.
By Mary Tyler March • July 5, 2017 -
Consumer confidence climbs, home purchase plans fall in June
Although consumers in general are optimistic, those looking to purchase a home face resistance from the current high-price, low-stock environment.
By Joe Dyton • July 5, 2017 -
Major metros with sizable suburbs see growth
Highly suburbanized metros like Charlotte, NC, and Orlando, FL, are seeing their populations climb, driven in part by buyers seeking lower prices and more space.
By Joe Dyton • July 5, 2017 -
Forestar officially drops Starwood for D.R. Horton
The $560 million acquisition bumped a planned deal with Starwood, giving the builder lower-risk access to land and letting the developer stay public.
By Mary Tyler March • June 30, 2017 -
Remodeling pros confident about demand despite labor woes
Home improvement professionals said the quality and quantity of leads improved in Q2, according to the latest HomeAdvisor Farnsworth Index.
By Mary Tyler March • June 30, 2017 -
Deep Dive
How single-family rentals are changing the path to homeownership
On the rise since the recession, the segment is expected to keep growing as younger, would-be buyers remain priced out of homeownership.
By Mary Tyler March • June 30, 2017 -
Deep Dive
Q&A: What do millennials and Warren Buffett have in common?
A lot more than you’d think. We sat down with John Burns, CEO of John Burns Real Estate Consulting, to talk about the next generation of homebuyers.
By Hallie Busta • June 30, 2017 -
CA cities lead top housing markets in June
Population growth and a stringent regulatory environment has made meeting housing demand a challenge for the state, but strong job centers remain a draw.
By Joe Dyton • June 30, 2017 -
Senators preparing plan to overhaul Fannie Mae and Freddie Mac
The bipartisan effort aims to end the companies' duopoly and create more competition in the secondary mortgage market.
By Joe Dyton • June 29, 2017 -
Could a slowdown be underway in the Bay Area?
After its booming tech industry drove San Francisco to become one of the nation's hottest housing markets, the area is now one of the slowest growing.
By Joe Dyton • June 29, 2017 -
Pending home sales fall for third-straight month
Experts say the category will likely continue to trend downward as long as the necessary housing supply lags behind increasingly strong demand.
By Mary Tyler March • June 29, 2017 -
US home prices edge up in April, but fall short of analyst predictions
Some observers are concerned the home price gains could lead to a bubble if growth drops as rapidly as it has climbed.
By Mary Tyler March • June 28, 2017 -
Homebuyer demand reaches highest level since 2013
High demand and increasingly limited inventory are fueling heated competition for homes in today's seller's market, according to a new report from Redfin.
By Mary Tyler March • June 28, 2017 -
Central US home to best housing markets for growth, stability
Boulder, CO, and Austin-Round Rock, TX, are the top two markets for strong and steady housing market growth in 2017, according to SmartAsset.
By Joe Dyton • June 28, 2017 -
Is housing's middle class as big as it thinks it is?
More people say that's the social class they belong to, but true indicators could come down to salary and how much they will have to pay in taxes.
By Joe Dyton • June 28, 2017 -
Moody's forecasts growth in homebuilding activity, revenues
Builders continue to face lot and labor shortages while low interest rates and strong employment push demand for housing higher.
By Hallie Busta • June 27, 2017 -
Seller optimism could mean more homes on the market
A majority of homeowners think now is a good time to sell, but the share of those who believe now is a good time to buy is slipping, according to a new report.
By Mary Tyler March • June 27, 2017 -
US adds more duties to Canadian softwood lumber imports
The addition of an antidumping tax of up to 7.72% brings total preliminary duties on the product to between 17.41% and 30.88%.
By Hallie Busta • June 27, 2017 -
$48M Detroit asset sale to help fund $2B Gordie Howe bridge
Mayor Mike Duggan said the proceeds would be used for initiatives including resident relocation, job training and area health monitoring during construction.
By Kim Slowey • June 27, 2017 -
Fundrise launches tool for crowdfunding housing
Launching in Los Angeles, the investor group's eFunds help to develop housing in high-density areas using a large volume of small investments.
By Joe Dyton • June 27, 2017 -
Where new housing can't keep up with job growth
California is home to six of the top 10 U.S. markets where payrolls are growing at a faster rate than the number of new-home construction permits issued.
By Mary Tyler March • June 26, 2017 -
Senior homeowner equity grows as home prices rise
Many older owners are using their rising home values to leverage the cost of "aging in place" improvements, says the National Reverse Mortgage Lenders Association.
By Joe Dyton • June 26, 2017 -
New home sales lift in May
Strong demand and a continued lag in production of new inventory continues to put pressure on sales activity.
By Mary Tyler March • June 23, 2017 -
Rental investors profit in smaller markets
Seven in 10 homes in 25 major U.S. markets can be bought by small investors and rented out at a profit, according to a report from Zillow.
By Mary Tyler March • June 23, 2017
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