Uncategorized

Housing Starts Slip Amid Cost Challenges

U.S. housing starts fell 8.5% in August, dropping to an annualized rate of 1.31 million units. Single-family starts declined 7% to 890,000, the lowest level since July 2024, while multifamily fell 11.7% to 417,000. Builders blame affordability challenges for weaker buyer traffic and slower construction. Recent Fed rate cuts could help by lowering borrowing costs

Housing Starts Slip Amid Cost Challenges Read More »

Why America’s Market Is Stuck Between Boom and Bust

The US housing market is in a “twilight zone,” with starts rising but permits, completions, and builder confidence falling. Builders keep breaking ground mainly because halting projects is costly, not due to strong demand, while cutting prices and offering incentives. High mortgage rates near 6.7% freeze homeowners in place, limiting inventory and keeping demand muted,

Why America’s Market Is Stuck Between Boom and Bust Read More »

A Path Back To ‘Normal’ For Housing Affordability

Redfin forecasts housing affordability could return to the 30% income benchmark by 2030 if mortgage rates drop to about 5.5% and home price growth slows. Affordable metros like Cleveland and Pittsburgh may see improvements sooner, while expensive coastal cities may remain unaffordable longer. Wage growth, supply, and construction costs will also impact affordability, which will

A Path Back To ‘Normal’ For Housing Affordability Read More »

The Smart Seller’s Guide to Avoiding Renovation Hassles in Georgia

In Georgia's housing market, affordability drives buyer decisions, making major renovations often unwise. Instead, focus on high-ROI updates like garage door replacement, steel entry doors, and stone veneer. Enhance curb appeal with fresh paint and landscaping. Avoid costly remodels unless necessary for inspections. Price homes smartly, consider selling "as is," and prioritize essential repairs like

The Smart Seller’s Guide to Avoiding Renovation Hassles in Georgia Read More »

How High Will Home Prices Go by 2028?

Experts project US home prices ↑ 15.2% cumulatively by the end of 2028. Optimistic forecasts expect ↑ 24.3% cumulative growth by 2028, driven by strong demand and limited inventory. Pessimistic estimates show only ↑ 5.6% growth, citing high rates and affordability as key barriers. The wide forecast range signals ongoing uncertainty in mortgage rates, supply,

How High Will Home Prices Go by 2028? Read More »

Scroll to Top