The builder’s trade group is bullish that townhome construction could hit a record high over the coming years due to surging demand. Continue reading….
Archive | Daily News
RSS feed for this sectionPandemic Led Many to New Home Dreams
But nearly half of homeowners say they’re unsure what the current value of their home is to know if that dream home is obtainable. Continue reading….
Housing Wealth Skewed to Rich Homeowners
Over the past decade, about 71% of the increase in housing wealth has been from high-income households, according to a new NAR report. Continue reading….
Homes Worth $1 Million or More at Record High
Pricier homes are taking up a larger chunk of housing inventory. “The surge in housing values has turned many homeowners into millionaires,” says one housing expert. Continue reading….
Mortgage Delinquencies Drop to Record Low
The percentage of homes with mortgages that have late payments or are in foreclosure has dropped to the lowest seen on record in more than two decades. Continue reading….
Homeownership Fueling ‘Tremendous’ Wealth Gains
A homeowner who purchased a typical single-family home 10 years ago at the median sales price likely has accumulated $229,400 in housing wealth. Continue reading….
Will Multigenerational Living Lose Traction?
Many families have combined generations and households during the pandemic, but staying in a multigenerational home long-term is not guaranteed, a study suggests. Continue reading….
Nearly 6K Homes Sold $100K or More Above Asking
Buyers continue to drive up home prices hoping to outbid competitors, with some willing to go six figures above the list price. Continue reading….
3 Mistakes of Novice Sellers
People selling for the first time may read headlines of the hot market and proceed with misguided expectations. Continue reading….
Women in Construction Using Social Media to Fight Discrimination
While construction is an industry dominated by men, women workers are speaking up that they have a growing role too and expect to be taken seriously. Continue reading….