Observations

Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home sales in October. Sales of newly built, single-family homes in October [READ MORE]

For a variety of reasons, such as higher interest rates, rising inflation and supply chain issues, the financial markets were volatile in 2023—and this volatility probably showed up in your investment statements. Yet, while you [READ MORE]

Despite elevated mortgage rates averaging above 7%, single-family starts posted a solid gain in September as more buyers are turning to new homes because of a dearth of inventory in the resale market. Overall housing [READ MORE]

It is the end of October, and in my house, it means that we are all things Halloween! The house is decorated, the candy is out, and the spirit of All-Hallows Eve is much alive [READ MORE]

The country’s severe lack of skilled construction workers is having a harmful impact on the overall economy, according to Ed Brady, President and CEO of the Home Builders Institute (HBI). In the nonprofit organization’s latest [READ MORE]