With a number of factors contributing – low mortgage rates, improving economy, easing credit requirements, slowing price appreciation, higher rents – it appears that first-time homebuyers are moving off the fence and buying again. Both anecdotal reports and statistical measures seem to confirm that this dynamic is beginning to take hold, although it remains to be seen whether the activity is a blip or a more meaningful trend.
Property developers are pouncing on sustained demand for stand-alone home rentals by taking a big step: Building entire single-family neighborhoods designed for renters. When the housing market crashed, investors took
While the census bureau reported an 18% increase in new home sales month-over-month from July to August, not everybody is convinced of the accuracy of the data and how it
By Philip Molnar The latest fight between the homebuilding industry and unions is brewing in Sacramento over a bill that could require higher wages to workers on many residential projects.
