On Thursday, the devastation of Hurricane Helene reached a grim milestone as the death toll has reached 200, according to reporting by the The Associated Press. In the western regions of North... Read more »
This has kept single-family permits from falling and kept construction workers employed to build and finish the backlog of single-family homes in the pipeline. We obviously can’t say that the apartment marketplace... Read more »
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email John Lavollo, UBS analyst, joins ‘Squawk on the Street’ to discuss the optimism in the housing market in 2024... Read more »
In some ways, 2023 was the year of the homebuilder. There wasn’t much competition from existing homeowners. And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins,... Read more »
Unemployment keeps falling and home prices keep going up. It’s a great recipe for a strong housing market. Nothing has been able to stop the housing boom — not even higher interest... Read more »
For the fourth consecutive month, homebuilder confidence sank in November, according to the National Association of Home Builders/Wells Fargo Housing Market Index published last week. The pessimistic streak is especially notable given... Read more »
When market players say housing leads us into a recession, it traditionally means theFederal Reserve raised rates too much, housing slowed down as a result and a job-loss recession isn’t too far... Read more »
On the construction side, homebuilders as well as land developers found it hard to finance projects because of high short-term interest rates. On the consumer side, a large number of prospective buyers... Read more »