Items Tagged with 'National Association of Home Builders/Wells Fargo'

ARTICLES

  • Construction spending barely inches forward

    August is 6.5% above August 2017
    The U.S. Census Bureau of the Department of Commerce announced that construction spending during August 2018 was estimated at a seasonally adjusted annual rate of $1.319 trillion, only 0.1% above the revised July estimate of $1.317 trillion.
    Read More
  • NPR: Can rent control save California's struggling renters?

    Some say inventory should be the main concern
    Affordability continues to haunt homeowners and renters nationwide, especially Californians navigating one of the nation’s most unaffordable markets. However, a recently introduced proposition may offer Californian renters some peace of mind, according to an article from NPR.
    Read More
  • Freddie Mac: August forecast shows affordability hinders growth

    Supply and demand deter prospective homebuyers
    Home sales growth is expected to slow through the remainder of the year, as a lack of affordability and supply contribute to a continual slowdown, according to Freddie Mac’s August Forecast. Freddie Mac Chief Economist Sam Khater said these challenges were predominantly seen in expensive markets out West.
    Read More
  • NPR: Hospitals are joining the real estate business

    Highly concentrated levels of poverty and physical health are connected
    Affordability continues to plague the housing industry, leaving some of the nation’s poorest communities struggling just to make ends meet. This is especially true for residents living in “high-risk” communities where poverty usually partners with inadequate housing, violence and sickness, and it's driving hospitals to join the real estate business.
    Read More
  • Case-Shiller reaction: Will Americans be able to afford homes?

    NAR, Genworth, Realtor.com and Keller Willams weigh in
    After Tuesday's Case-Shiller report showed a 6.4% increase in home prices, experts in the housing market indicate wage disparities and lacking inventory as critical motivators. Keller Williams Chief Economist Ruben Gonzalez predicts that home prices will continue the upward trend, largely due to consumer demand.
    Read More