Remove 2023 Remove Construction Remove Home Improvement Remove Housing Market
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The labor market showed signs of modest cooling in July

Housing Wire

Job gains came in lower than both the 278,000 monthly average for the first half of 2023 and the 399,000 average of 2022. Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space.

Marketing 359
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Mortgage rates continue recent sideways trend: Freddie MacĀ 

Housing Wire

“While inflation remains elevated, its rate of growth has moderated and is expected to decelerate over the remainder of 2023. ” “Meanwhile, the housing market continues to face challenges as home sellers are less active this spring. That’s below his range for mortgage rates in 2023.

Mortgage 394
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The Atlanta 2023 Housing Market "at the Half"

Hank Miller Team

The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. Despite continuous caterwauling from the MSM about a crash, home prices around greater Atlanta haven't really moved from a year ago. Still a sellers market, just not as bonkers for buyers.

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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

Falling home prices will not only make it more difficult for retirees but will impact existing homeowners that may want to purchase something larger or in a more desirable neighborhood. The relationship between diversity, economic growth, housing and GDP The housing market is large and varied. GDP, roughly $3 trillion.

Legal 381
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With low inventory, house hunters are in full safari mode

Housing Wire

Fannie Mae recently projected originations for 2023 at $1.59 trillion ā€” with sales of new homes rising in dominance. New-home sales are up 20% year over year as of May 2023 while sales of existing homes are down by the same level, resulting in new-home sales accounting for some 30% of total housing inventory. ā€œAs

Inventory 462
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What to Expect Undertaking These 4 Common Home Projects

Cleveland Appraisal Blog

What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. Familiarizing yourself with these renovations will give you a great start in mapping out your home improvement strategy.

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Fedā€™s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

The Beige Book is published two weeks before each meeting of the policy-setting Federal Open Market Committee. The benchmark rate was last changed in July 2023, when it was raised to a range of 5.25% to 5.5%. New York: Housing markets strengthened as the spring selling season got underway a bit earlier than normal.

Mortgage 415