NY Gov. Cuomo presses on with 421-a affordable housing tax break

The renamed program, Affordable New York, is set to be presented to the state legislature.

By Sean Barry • Jan. 17, 2017

Zillow: Hefty down payments could be turning some young buyers off

In many major markets, the average down payment on a median priced home accounts for more than half of typical incomes.

By Sean Barry • Jan. 17, 2017

ABC: Construction material prices rise 0.4% amid soaring energy costs

The trend of construction costs outpacing the rate of inflation is a common concern for the industry this year.

By Mary Tyler March • Jan. 13, 2017

Trulia: First-time buyers' return could mean more failed starter home sales

A lack of credit and experience with the buying process along with rising prices and mortgage rates is challenging some of the market's newest entrants.

By Sean Barry • Jan. 13, 2017

Zillow: Negative home equity rate for black neighborhoods double the rate of white ones

The lingering effects of housing discrimination are a barrier to securing more black and Hispanic homeowners.

By Sean Barry • Jan. 12, 2017

Talking shop: How builders are addressing the skilled-labor shortage

At Design and Construction Week 2017, conversations around one of the industry’s biggest talking points took center stage. 

By Hallie Busta • Jan. 12, 2017

SmartAsset: Millennials buying rather than renting in some metros

Areas like Sioux Falls, SD, and Elk Grove, CA, fared better than Orlando, FL, and Cleveland for homeownership.

By Sean Barry • Jan. 12, 2017

Fannie Mae Home Purchase Sentiment Index continues slide in December

Despite a post-election bump in general consumer confidence, the rapid increase in mortgage rate expectations has dampened home purchase sentiment.

By Sean Barry • Jan. 11, 2017

AGC: 73% of construction firms plan to expand workforce in 2017

However, the percentage of survey respondents who believe the labor shortage will worsen in the coming year has climbed to 76%.

By Kim Slowey • Jan. 11, 2017

FHA cuts annual mortgage insurance premiums

The move comes amid growing concerns over the potential impact of rising mortgage rates on homeownership.

By Sean Barry • Jan. 11, 2017

ULI: Transit-oriented developments offer monetary boost for local governments

Developments built around rail access are gaining traction nationwide as metros struggle to keep pace with booming housing demand.

By Sean Barry • Jan. 11, 2017

ABODO: Rents to continue rising through 2017

Recent interest rate increases could also widen the affordability gap facing many potential homebuyers.

By Sean Barry • Jan. 10, 2017

Blackstone Group reveals IPO plans for Invitation Homes

The company's move to push ahead with an IPO comes as the home rental market is showing no sign of easing.

By Sean Barry • Jan. 10, 2017

West Coast continues to lead the top US housing markets

Veros forecasts a high concentration of the bottom 25 markets to be in the Northeast.

By Sean Barry • Jan. 10, 2017

Dodge Momentum Index rises 2.9% in December

The index is now at an eight-year high, but it still falls short of its 2007 peak.

By Kim Slowey • Jan. 10, 2017

Turner Construction: Labor primary driver of 1.1% increase in Q4 Cost Index

The report noted that with the expected rise in 2017 construction activity, the labor market is likely to become even tighter.

By Kim Slowey • Jan. 9, 2017

Private equity firms launch single-family rental company StreetLane Homes

The investment and management company has a portfolio of 3,500 units worth $445 million across six states.

By Sean Barry • Jan. 9, 2017

NYC's high-income renters eyeing Brooklyn and Queens

The number of wealthy renters is growing faster than the number of wealthy homeowners in some areas.

By Sean Barry • Jan. 9, 2017

Castro: HUD can do more to tackle the affordable housing crisis

In his exit memo, outgoing department secretary Julián Castro called on housing leaders to support more low- and middle-income housing.

By Sean Barry • Jan. 9, 2017

Zillow: Nashville, TN, leads 2017's hottest housing markets

The report ranks the top 10 U.S. markets based on home value appreciation, employment conditions and income growth.

By Sean Barry • Jan. 9, 2017

Construction loses 3K jobs in December as building demand outpaces worker supply

The dip in employment combined with strong spending numbers signals that companies are struggling to find workers to staff their new projects.

By Emily Peiffer • Jan. 6, 2017

These cities have the newest and oldest homes in the US

For-sale inventory in the Midwest and Mountain regions trends newer than in New England and the Great Lakes.

By Sean Barry • Jan. 6, 2017

NAHB: The median age of US housing continues to climb

Low levels of new construction in the last decade have pushed the figure up, while the West reports younger stock than New England and the Mid-Atlantic.

By Sean Barry • Jan. 6, 2017

IL roofing contractor faces $215K OSHA fine for fall violations

Barringer Brothers Roofing, in Belleville, IL, has a history of safety infringements.

By Sean Barry • Jan. 6, 2017

Buying more affordable than renting in two-thirds of US housing markets

Although buying continues to beat renting in many U.S. markets, that could change if mortgage rates keep rising.

By Sean Barry • Jan. 6, 2017