Newsletter

• Starter homes may be making a comeback Nov. 15th 2019
  Economists at Capital Economics are anticipating a rise in new homes sold for under $300,000, from under 50% currently to about 55% by the end of 2020. The post Starter homes may be making a comeback appeared first on HousingWire.

• Minority homeownership gains on low mortgage rates Nov. 15th 2019
  Low mortgage rates are helping to boost homeownership for black and Hispanic Americans, the National Association of Home Builders said. The post Minority homeownership gains on low mortgage rates appeared first on HousingWire.

• Redfin: New-home sales prices fall as affordability improves in Q3 Nov. 14th 2019
  In the third quarter of the year, the nation’s home-sale prices fell by 1.5% from 2018 levels, coming in at a median of $370,300, according to a report from Redfin. The quarter’s decline, which now marks the biggest retreat since 2012, also represents the third consecutive quarter of price weakening. The post Redfin: New-home sales prices fall as affordability improves in Q3 appeared first on HousingWire.

• Survey: Most homebuyers still think it’s getting harder to buy a house Nov. 13th 2019
  According to a new survey, only 21% of people planning to purchase a home think it's getting easier to do so. The post Survey: Most homebuyers still think it’s getting harder to buy a house appeared first on HousingWire.

• Building lot prices reach record high, NAHB says Nov. 13th 2019
  Lot prices reached a record high of $49,500 in 2018, according to the National Association of Home Builders. The post Building lot prices reach record high, NAHB says appeared first on HousingWire.

• Redfin: Bidding war competition drops to 10-year low in October Nov. 13th 2019
  Although the nation’s low-interest rates continue to drive purchasing demand, a report from Redfin indicates America’s bidding competition weakened in October. The post Redfin: Bidding war competition drops to 10-year low in October appeared first on HousingWire.

• RealPage: The size of the average U.S. household is growing Nov. 12th 2019
  For the first time since 1850, the average size of the U.S. household is on the rise, RealPage says. And it’s not just the kids or Millennials, either. Households are becoming multi-generational. The post RealPage: The size of the average U.S. household is growing appeared first on HousingWire.

• More homeowners are renting out their extra space to “make ends meet” Nov. 12th 2019
  As vacation rental app Airbnb and other like it become more and more popular, more homeowners are renting out their spaces for income. In fact, in order to make ends meet, 51.2% of homeowners said they had to rent out a space in their home, a study from Homes.com said. The post More homeowners are renting out their extra space to “make ends meet” appeared first on HousingWire.

• California and New York cities top the list for largest apartments Nov. 11th 2019
  Two states that are known for a pricey housing market have this to offer: some of the largest studio and one-bedroom apartments in the nation. Of course, that too, comes at a price. California is home to some of the largest studio apartments, while two New York cities make the top five for the largest one-bedroom apartments. The post California and New York cities top the list for largest apartments appeared first on HousingWire.

• Black Knight: Early-stage delinquencies heighten among purchase loans Nov. 11th 2019
  While purchasing demand may be improving, data from Black Knight indicates that origination performance is weakening as the company determined that early-stage delinquencies have been steadily increasing over the past 24 months. The post Black Knight: Early-stage delinquencies heighten among purchase loans appeared first on HousingWire.