Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people... Read more »
Los Angeles County already has the largest inventory of indoor filmable sound stages in the U.S. at 389 stages totaling 5.4 million square feet, Cushman & Wakefield reported. That figure could more than... Read more »
Weekly housing inventory data Mortgage rates are still above 7% and haven’t been able to break below 6.50% for some time now. With mortgage rates higher, will this stop inventory from growing... Read more »
While the number of new homes rose by 4.2% in the U.S. last year, this was primarily led by a 22% increase in the multifamily sector. Single-family housing permits, meanwhile, slowed in... Read more »
The U.S. Department of Housing and Urban Development (HUD) on Friday announced a series of funding opportunities totaling roughly $3.86 million, which will go toward organizations aiming to boost housing inventory and... Read more »
So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly... Read more »
Weekly housing inventory data One substantial positive story for 2024 is that we have more housing inventory year over year. It’s not a lot, but anything is positive, which I will take.... Read more »
Housing demand is up and it’s time to track the spring housing data and see what the selling season will bring. As I always stress, we are working from the lowest bar... Read more »
Weekly housing inventory data Here is a look at the first week of the year: Weekly inventory change (Jan. 12-19): Inventory rose from 505,223 to 506,414 Same week last year (Jan. 13-20):... Read more »
Despite a documented preference that older Americans have to age in place, the current housing inventory is inadequate to support the needs of an aging population. This is according to a report... Read more »