Opinion: Lumber Conspiracies Aside, We Have a Supply Problem in Housing
The housing market is thirsty for supply, and the latest data on housing starts show there isn’t much help on the way.
May 19, 2021 2 MIN
Record-High Lumber Prices Have Added $36,000 to the Cost of a New Home, NAHB Says
A spike in lumber prices has added about $36,000 to the cost of a new home as builders and renovators compete for limited supply from sawmills, NAHB said in a new report.
May 11, 2021 2 MIN
Credit Trends: Average U.S. FICO Score Climbs to Record High Amid Pandemic
The average U.S. FICO score rose to a record high in 2020 amid the worst pandemic in more than a century, according to Experian data.
May 3, 2021 2 MIN
Mortgage Rates Approach 3% Threshold, Freddie Mac Says
Mortgage rates ticked higher this week while remaining below the 3% threshold as bond investors worried about rising Covid-19 infections, Freddie Mac said.
April 29, 2021 1 MIN
New-Home Sales Jump in March to the Fastest Pace Since 2006
Sales of new houses jumped in March to the highest level in more than 14 years as construction crews raced to meet a surge in demand.
April 23, 2021 2 MIN
Average U.S. Mortgage Rate Dips Below 3% Again, Freddie Mac Says
Mortgage rates are falling as bond investors worry about a resurgence of the Covid-19 pandemic that would delay an economic resurgence.
April 22, 2021 1 MIN
Housing Starts Soar to 15-Year High, Signaling Relief for Supply-Constrained Markets
U.S. housing starts soared to 15-year high last month, according to a government report, signaling relief for supply-constrained market
April 16, 2021 2 MIN
Pittsburgh Leads Ranking of Cities Where Renters Have the Best Chance to Become Homeowners
Pittsburgh leads a list of cities where renters, even those with lower incomes, have the best chance to become homeowners.
April 15, 2021 2 MIN
