Economy: Page 56
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Starter-home inventory continues to slide
The entry-level category faces affordability challenges that could stunt millennials' homeownership potential.
By Mary Tyler March • March 27, 2017 -
PwC: 3 trends shaping construction, engineering in 2017
Companies are facing tougher contract conditions, a period of increased consolidation and other changes to their operations.
By Kim Slowey • March 27, 2017 -
AGC: Construction employment grows in 39 states in February
Despite overall growth, construction employment in many states is still well below previous peaks.
By Kim Slowey • March 27, 2017 -
Freddie Mac streamlines assessments for homebuyers without credit scores
The move aims to support responsible lending while improving credit access for low- and moderate-income borrowers, as well as first-time buyers.
By Katy Tomasulo • March 24, 2017 -
Housing shortage looms over spring selling season
A historic undersupply of listings is fueling price growth that could drive away some prospective buyers, particularly millennials.
By Mary Tyler March • March 24, 2017 -
CA developer snags $145M loan for Menlo Park, CA office complex
The Bohannon Cos. said a scarcity of office space in the city would benefit the 16-acre project.
By Kim Slowey • March 24, 2017 -
New-home sales hit 7-month high in February
Strong and steady demand for housing is helping to offset inventory shortages and rising mortgage rates.
By Mary Tyler March • March 23, 2017 -
Deep Dive
Gearing up for the golden years: Active-adult housing readies for demand
With roughly 10,000 Americans turning 65 each day, builders and developers are responding with a range of housing options to meet their needs.
By Debbie Reslock • March 23, 2017 -
In Detroit, more people rent their homes than own them
It's the first time since 1950 that the balance has swung toward renters, a symptom of low wage growth and slow economic recovery there overall.
By Katy Tomasulo • March 23, 2017 -
ConstructConnect: February nonresidential starts edge down 2%
Despite the slight dip, office construction still charged ahead with a 106% month-to-month increase in starts.
By Kim Slowey • March 23, 2017 -
Deep Dive
'If you build it, they will come': Why convention center projects pay off
Meeting venues across the country are ramping up renovation efforts to convince show organizers and visitors that they are the best choice.
By Kim Slowey • March 23, 2017 -
Existing-home sales dip in February
Sales lagged last month due to a shortage of properties on the market and rising prices pushing away potential buyers.
By Mary Tyler March • March 22, 2017 -
Realtor.com: Top 10 cities for millennials
Job prospects and housing affordability played a significant role in determining these areas' popularity among younger buyers.
By Mary Tyler March • March 22, 2017 -
Proximity to transit raises home values in some markets
Regardless of whether they prefer urban or suburban communities, buyers are increasingly craving walkability and are desiring locations closer to transit.
By Katy Tomasulo • March 22, 2017 -
In some of the biggest US cities, many young millennials still live at home
Reasons for such high numbers coincide with what many analysts have been reporting: tight job markets and high median rents, among other factors.
By Katy Tomasulo • March 22, 2017 -
Architecture billings climb back to positive territory in February
Despite a slow start to the year, the latest report shows that growth in construction activity could be on the horizon.
By Mary Tyler March • March 22, 2017 -
Dodge Data: February construction starts rise 2% on strong public works sector
Last month's uptick— to a seasonally adjusted annual rate of $706.4 billion — signals that overall construction starts in 2017 are trending up.
By Kim Slowey • March 22, 2017 -
Rise in past-due FHA loans could hurt housing recovery
Observers are concerned that the trend could eventually hamper the current housing recovery by encouraging more defaults.
By Sean Barry • March 22, 2017 -
One potential solution for DC's workforce housing crunch
Architect Roger Lewis proposes a "quasi-governmental" housing group to maintain workforce housing affordability in and around the District.
By Mary Tyler March • March 21, 2017 -
Construction executive pay expected to rise 4% in 2017
Members of the C-suite aren't the only people seeing wage gains in construction, as employers are boosting pay to draw and retain skilled workers.
By Kim Slowey • March 21, 2017 -
How the recession impacted home-value appreciation
Houses built during the last boom period are holding their value better than anticipated, creating affordability challenges for younger buyers.
By Katy Tomasulo • March 21, 2017 -
Deep Dive
The price 'U-turn': What rising material costs mean for construction
Stalled trade agreements and the new presidential administration are two of the biggest factors in the recent turnaround in material costs.
By Kim Slowey • March 21, 2017 -
Lack of home listings puts pressure on builders, buyers
Rising mortgage rates and pent-up demand continue to press builders who are racing to keep up as spring selling season gets underway.
By Mary Tyler March • March 20, 2017 -
Report: HOA fees on the rise nationwide
Homeowners' association fees are rising faster than inflation and home prices, with older and larger buildings experiencing higher rates, according to Trulia.
By Katy Tomasulo • March 20, 2017 -
Remodeling spending to grow in large US metros in 2017
A rise in existing-home sales will drive demand for home-improvement services, per a report from the Joint Center for Housing Studies of Harvard University.
By Katy Tomasulo • March 20, 2017
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