National News
While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
“While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022.” — NAHB Chairman Chuck Fowke
Home Partners of America has launched Choice Lease: a first-of-its-kind program offering below-market rents to qualified applicants.
The first phase of the deal comprises 1,424 new single-family homes and townhouses in Tampa, Fla.; Atlanta and Athens, Ga.; and Pinehurst, N.C.
The San Francisco Bay-area mortgage lender is licensed in 42 states.
The 2022 U.S. Houzz Kitchen Trends Study is out, and the most popular kitchen renovation trend is upgraded countertops.
Board member Stephen Joyce will serve as interim CEO as the company conducts a search for a permanent replacement.
The Swanepoel Power 200, or SP 200, annual ranking of the most-powerful and influential leaders in residential real estate has been released.
Despite the record low number of homes for sale, prices and pending sales continue to rise.
An analysis by iBuyer Opendoor found that the most highly searched ZIP codes in Atlanta were far outside the city center.
Homeownership remains a cheaper option than renting in the majority of areas, according to a new study by ATTOM Data Solutions.
Taylor Morrison topped Lifestory Research’s annual list of America’s Most Trusted® Homebuilders — for the seventh consecutive year.
At the same time, the average 30-year fixed-rate mortgage rose to 3.33%, its highest level since April 2021, the Mortgage Bankers Association said.
Inflation concerns are influencing plans for homebuyers and sellers, according to a recent Redfin survey.
Atlanta took seventh place, while Tampa, Fla., was ranked first.
Nationally, housing prices were also on the rise, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.
