Unlike housing demand, housing supply isn’t as elastic and can't quickly ramp up.
Zonda: 56% of U.S. homebuilders are seeing 'very little competition' from the resale market, while only 22% of Florida builders agree.
Redfin's CEO believes that there would be trouble for his business and existing home sales if there is no improvement in affordability.
ResiClub PRO | We created a new chart to track the active inventory recovery across the country.
ResiClub PRO | Land comprises 32.2% of the value of the average U.S. single-family property in a metro area.
ResiClub PRO | We just got some fresh data and research that gives us some deeper clues about how this lock-in effect is impacting the U.S. housing market.
We’re seeing more adjustable-rate mortgages, as buyers in this strained housing affordability environment try to find some relief.
Between December 2019 and July 2022, Punta Gorda home prices surged a staggering 73.2%. They have since fallen 9.1%
50% of single-family landlords say home insurance was their expense that increased the most over the past 12 months.
ResiClub PRO | The Lance Lambert Inventory Tracker is updated to include July analysis for U.S. metros and counties.
ResiClub PRO | Given the current outlook for birth rates and the aging population, it’s likely that household size will continue to shrink for decades.
ResiClub PRO | Federal Reserve faces pressure to cut rates after July jobs report shows rise in unemployment.
