New Home Supply Rises As Sales Slow
Although the pace of new home sales turned lower last month, the supply of homes available for sale was the greatest in nearly eight years.
Mortgage Consortium Targeting Realtors, Builders
A new consortium-style joint venture is making it easy for real estate brokerages and home builders to get into the home financing business.
Millennials As Real Estate Appraisers?
While the average age of people in the home valuation field is north of 50, there are some features to the appraiser profession that might be well-suited for Millennials.
NE Leads Monthly Drop in Permits, New Construction
Month-over-month weakness in the pace of building permits and completed construction was led by the Northeast. But national activity rose from a year earlier.
Optimism Bounces Back for Home Builders
Following a monthly decline in confidence, the outlook among the country's home builders grew more optimistic. Expectations for the next six months drove the increase.
Consumers Expect Bigger Home Price Gains
A survey of consumers by the nation's central bank indicates increased expectations for rising home prices and interest rates.
Mortgage Bankers Bump Q2 Refi Forecast
The country's mortgage bankers have grown modestly more optimistic about the projected volume of refinances during the current quarter.
Conditions Ripe for Rise in Millennial Homebuying
Although debt-ridden millennials had been averse to home buying, conditions for the generation are changing -- as is their appetite for home ownership.
Northeast, West Drive Down Pending Home Sales
The inventory of single-family properties that are under contract eased last month, with pending home sales in the Northeast and West leading the weakening.
New Home Sales, Inventory at Multi-Year Highs
During just last month, there were more new homes sold than any month in nearly a decade. Even more impressive, is that the new-home inventory is the highest it's been in almost eight years. But upcoming activity could be hurt by a Trump administration move.