Items Tagged with 'new homes'

ARTICLES

  • Walk-in pantries, granite countertops, kitchen islands lead homeowners' wishlists

    Tankless water heaters, solar panels and "dog washing stations" are also in demand
    About a third of new homeowners wish they had bought a house with a walk-in pantry. Almost 18% wish they had granite countertops and 17% are remorseful they didn’t buy a house with a kitchen island. Those three items top the list of features recent buyers wish their homes had, according to a survey from Eire Insurance. Also near the top, 16% wish they had a tankless water heater and the same share were pining after hardwood floors.
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  • Republican tax bill likely curtailed 2018 home sales, Fed economists say

    Housing market should have been able to “shrug off” last year’s rate gains
    Republican tax reform that capped mortgage and property deductions has curtailed the housing market, according to a blog post from economists at the Federal Reserve Bank of New York. While a 7.6% decline in the sales of new single-family homes from 2017’s fourth quarter through the end of 2018’s third quarter could be attributed to a 70 basis point rise in mortgage rates, the drop was larger than periods of similar rate gains in 2013 and 2016.
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  • NAHB says homebuilders were more optimistic in April

    Builders say “traffic” rises, but worker shortages continue
    Homebuilder confidence in the market for new single-family homes rose in April as so-called buyer traffic increased to new developments. The index measuring current sales conditions rose to 69 points from 68, while buyer traffic jumped to 47 from 44. Expectations for the next six months fell to 71 from 72.
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  • Freddie Mac: Housing market is short 2.5 million units

    Housing inventory will remain a problem for years to come
    The housing market needs an additional 2.5 million units just to match what is needed for long-term demand. As it turns out, housing inventory is lagging, driving up rent and home prices, which will continue to outpace income growth.
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  • The No. 1 U.S. market just got more affordable

    Builders focusing on more affordable housing
    Affordability continues to drop as home prices and interest rates rise and homebuyer demand grows. But in one market, the price for new homes just dropped, making it just a little more affordable for first-time homebuyers. Here’s why.
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  • These metros saw the most homebuilding activity in 2017

    Top metros building up, not out
    Homebuilding saw a pickup near the end of 2017 and is even expected to fuel the housing market in 2018 as it rises to a post-recession high. But which metros came out on top as having the most homebuilding activity in 2017? Trulia conducted a new study to find out.
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  • New home sales finish 2017 at highest level in a decade

    More new homes sold last year than in any year since 2007
    Earlier this week, a report from the National Association of Realtors showed that 2017 was the best year for existing home sales since 2006. As it turns out, existing homes weren’t the only ones selling at a record level last year.
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  • Zillow acquires New Home Feed, listing service for new homes

    Zillow says acquisition will improve quality of sites’ new home listings
    Zillow Group, seeking to improve the quality of its websites’ new home listings, acquired New Home Feed, a listing management system that allows homebuilders to input, manage and syndicate their listings across the web. Tony Small, group vice president of emerging marketplaces at Zillow Group, said that acquiring New Home Feed is a “natural extension” for Zillow.
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