CNBC’s Diana Olick is reporting that fueled by record-low interest rates, homebuyer demand is surging after taking a slight break around election-time. In particular she cites the latest mortgage application data from the Mortgage Bankers Association showing purchase applications were up 4% this week and 26% annually. Continue reading HERE...
The NAHB’s Eye on Housing says the prices of goods used in residential construction increased 19.4%, year-over-year. Citing data from the Producer Price Index they point out that building materials (
A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long
The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than