Housing markets

Nearly all respondents to the NextGen survey, Gen Z and millennial, said they want to achieve homeownership, but only about 60% considered it possible.

Pent-up demand and the rapid pace of home appreciation is fueling the ongoing rise in home prices, even as mortgage rates present obstacles for buyers.

The so-called spec home, a spin on the American dream home with standardized color schemes and toilet fixtures, is falling out of favor with some US builders.

These mortgages held by low credit score borrowers, made up 90% of the rise in the number of loans 30 days or more late on payments, ICE Mortgage Tech said.

The age of homes, moving preferences and weather risks are all playing a role in the direction of growth prospects for the remodel and renovation industry.

Headlines over real estate sales policies, as well as economic upheaval, are having a negative impact on how insiders are seeing the market today.

New residential construction increased 11.2% to an annualized rate of 1.5 million in February, according to government data released Tuesday.

Measures of current sales of single-family homes and prospective-buyer traffic, dropped to their lowest levels since the end of 2023.

A trio of trends — rates, prices and economic uncertainty — will dominate the 2025 Spring buying season and likely affect activity, Realtor.com warned.

The legislation is aimed at loosening regulation of new-home construction in the Grand Canyon State, where median prices have shot up by 59% since 2020.