Fed Researchers Offer a New Homeownership Metric—and It Drops the Rate to 53%

Fed Researchers Offer a New Homeownership Metric—and It Drops the Rate to 53%

The Federal Reserve of Minneapolis has proposed a new way of measuring homeownership that would change the current view of the housing landscape. In a paper released earlier this month, researchers suggested... Read more »
Homeownership Rate Remains Steady, With Regional Differences

Homeownership Rate Remains Steady, With Regional Differences

The U.S. homeownership rate remains at a plateau, holding at 65.0% in the second quarter of this year, according to the latest data from the the Housing Vacancy Survey. The homeownership rate... Read more »
New Home Sales Tick Up in June Despite Elevated Mortgage Rates

New Home Sales Tick Up in June Despite Elevated Mortgage Rates

Sales of new-construction homes bumped up a bit in June, as median sales prices slid and gave buyers an affordability boost. Contract signings for newly built homes hit a seasonally adjusted annual rate of... Read more »
Harvard Study Reveals the Real Reason the Housing Crisis Isn’t Getting Better

Harvard Study Reveals the Real Reason the Housing Crisis Isn’t Getting Better

Population growth might be slowing, and more apartments and homes are going unsold and unoccupied. But that doesn’t mean the nation’s affordability challenges are getting better. Depressed demand and harsh affordability challenges... Read more »
Virginia Legalizes By-Right Manufactured Housing Statewide

Virginia Legalizes By-Right Manufactured Housing Statewide

Virginia is looking to ease restrictions on manufactured housing, part of a bid by Gov. Abigail Spanberger to bring down housing costs. Spanberger signed half a dozen bills Tuesday promising to bring... Read more »
Newly Built Urban Homes Carry a Massive Price Premium of Up to 300%

Newly Built Urban Homes Carry a Massive Price Premium of Up to 300%

If you’re looking for a newly built home in the city, there are typically fewer options than in the suburbs. Suburban building dominates the current market for new homes, with only 10%... Read more »
Home Construction Rebounds in March, But Worries Persist

Home Construction Rebounds in March, But Worries Persist

Construction activity on single-family homes notched a swift uptick in March, as home builders experienced better weather. The latest data from the U.S. Census Bureau and the U.S. Department of Housing and... Read more »