Posts by Alsha Khan

What’s the median age for construction workers?
What’s the median age for construction workers?

The median age of construction workers is 41, the same as a typical worker in the national labor force, according to the National Association of Home Builders' analysis of the most recent 2019 American Community Survey...

Realtors Relief Foundation launches 20th anniversary campaign
Realtors Relief Foundation launches 20th anniversary campaign

In light of the increasing number of natural disasters in recent years, the foundation commemorated its 20th anniversary by launching Hope Rising, “a campaign designed to ensure the foundation can respond to disasters as quickly and effectively as...

Lenders accused of maternity-leave discrimination
Lenders accused of maternity-leave discrimination

Denying a mortgage to a woman because she is on or plans to be on maternity leave is against the law, but some lenders are accused of doing just that....

NAR: U.S. housing market is short 5.5 million homes
NAR: U.S. housing market is short 5.5 million homes

The shortage of housing in America is more “dire” than previously expected, and the NAR’s new report puts pressure on lawmakers to provide additional public funding and policy incentives to fix this massive underbuilding gap....

70% of homebuyers still facing bidding wars
70% of homebuyers still facing bidding wars

Market competition has eased up recently, but seven in 10 buyers still face bidding wars, according to a new report from Redfin....

Housing market simmers down, but pending sales are still up
Housing market simmers down, but pending sales are still up

While pending sales are up 29% year over year, they are starting to slow and have fallen 9.7% from their...

Atlanta ranks 3rd on top 50 new markets list based on 2020 closings
Atlanta ranks 3rd on top 50 new markets list based on 2020 closings

Experts at Builder Magazine recently came out with their Local Leaders list for 2020, which ranks the country’s 50 largest new-home markets based on closings by the end of the...

Zombie foreclosures up 21% across the country 
Zombie foreclosures up 21% across the country 

Of the 99 million residential properties in the U.S., approximately 1.4 million (or 1.4%) are vacant this quarter, with “zombie” home rates increasing both quarterly (21%) and annually...

Asian-American homeownership grows but shows disparities between different ethnic groups
Asian-American homeownership grows but shows disparities between different ethnic groups

The number of Asian-headed households grew 83% in the past two decades, but economic inequality and inequity between different Asian ethnic regions is still an issue....

Regulations add almost $94K to new home prices
Regulations add almost $94K to new home prices

A recent NAHB survey shows that regulatory costs imposed by the government account for $93,870 (or 23.8%) of the current price of new...

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