by Gary Wilson | Apr 9, 2018 | Real Estate News
Fewer new homes were sold this year—and that’s not likely to help the worsening housing crunch. Only about 593,000 newly constructed homes were sold in January, according to a joint report by the U.S. Census Bureau and U.S. Department of Housing and Urban...
by Gary Wilson | Apr 6, 2018 | Real Estate News
The apartment rental market softened in the first quarter, but not as much as expected given a surge in new supply. The apartment vacancy rate edged up to 4.7% in the first quarter, up from 4.6% in the fourth quarter of 2017, according to data released by Reis Inc. on...
by Gary Wilson | Apr 5, 2018 | Real Estate News
Based on new construction employment analysis from the National Association of Home Builders, over 9.8 million people worked in the U.S. construction industry in 2016, and more than 3.8 million of them worked in residential construction. These numbers reflect modest...
by Gary Wilson | Apr 4, 2018 | Property Selling
In some areas, residential areas began to hit their peak levels as early as 2005, according to the company’s Evaluating the Housing Market Since the Great Recession report. The majority of home prices collapsed in 2007. During the recession, home prices fell 33%...
by Gary Wilson | Apr 3, 2018 | Real Estate News
Although current housing inventory continues to slip, driving up home prices and limiting homebuyers across the U.S., one expert says that could all be about to change. After analyzing February’s housing starts data, First American Financial Corp. found the housing...
