While higher interest rates pushed single-family starts down in 2022 and 2023, production should move on a gradual upward path in 2024 as the Federal Reserve is on track to cut rates during the second half of the year with inflation slowing, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Las Vegas today. “While the Fed’s fight against inflation is building progress, the lingering inflation challenge is housing inflation,” said NAHB Chief Economist Robert Dietz. “Shelter inflation—rent and homeownership costs—are still rising…
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U.S. Housing Underwent ‘Coastal SunBelt Revolution’
U.S. Housing Underwent ‘Coastal SunBelt Revolution’ Meredith Whitney Advisory Group CEO Meredith Whitney gives further insight into how the housing market is in a transitional phase and which regions will see the brunt of that transition. Read More Yahoo! Finance https://finance.yahoo.com/video/us-housing-underwent-coastal-sun-222940570.html
Read MoreTop 10 Housing Markets Where Homes Sold Fastest
Top 10 Housing Markets Where Homes Sold Fastest Nationally, the median home listing is spending 49 days on the market as of the first week of October, as per a comprehensive analysis by Realtor.com. This is only slightly less than the same… Read More Norada Real Estate https://www.noradarealestate.com/blog/top-10-cities-where-homes-are-selling-faster/
Read MoreHousing Market Update: More Homes Hit the Market as Spring Approaches
Housing Market Update: More Homes Hit the Market as Spring Approaches New listings posted their biggest increase in two months this week, but mortgage applications and pending sales declined as mortgage rates stay stubbornly high. Read More Redfin https://www.redfin.com/news/housing-market-update-new-listings-increase-sales-decline/
Read MoreCharleston-North Shines as One of America’s Hottest Housing Markets
Charleston-North Shines as One of America’s Hottest Housing Markets Discover the resilience and growth of the Charleston-North Charleston housing market amidst challenges. Ranked 13th in the nation, the market shows promise for future prosperity. Read More BNN Breaking https://bnnbreaking.com/world/us/charleston-north-charleston-metro-shines-as-one-of-americas-hottest-housing-markets
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