Category: Newsletter
Newsletters and Stories from/for BuilderBytes News
Consumers Feeling Better About Housing Market Despite High Home Prices
Fannie Mae reported a 0.7 points increase in October to 74.6, marking the highest level of consumer confidence since February…
Mortgage Interest Rates Forecast for 2025
As the Feds turn their attention to the labor market, the experts forecast a drop in mortgage rates in the…
Multifamily Developer Sentiment Showed Mixed Results in Third Quarter
A Multifamily Market Survey from NAHB reports mixed results in the third quarter of 2024, indicating multifamily builders and developers…
A Rate Cut From the Fed: What Will the Terminal Rate Be?
As the economy continues to grow at a solid pace, the Fed cut the short-term federal funds rate by 25…
Share of Young Adults Living With Parents by Congressional District
As the cost of rent and home prices swell, the share of young adults, aged 18 to 34, has risen…
Lumber Prices Continue to Rise: Fifth Weekly Gain Despite Southern Pine Lag
Fast Markets reports that buyers were compelled to switch to other log species due to a lack of supplies in…
A Look at the State of Affordable Housing in the U.S.
A variety of factors contribute to the rise of unaffordable housing, according to the Pew Research Center. In 2021, interest…
The Surprising U.S. Cities Young Homebuyers Are Flocking To–and Where They’re Fleeing
According to the Weldon Cooper Center for Public Service, Millennials and Gen Zers, aged 25 to 44, are moving to…
Mortgage Rates Increase for the Fifth Consecutive Week
FreddieMac reports that mortgage rates will remain unpredictable due to many factors, including the jobs report and the Federal Reserve’s…
Private Residential Construction Spending Rises in September
The NAHB reports that, according to the Census Construction Spending data, single-family construction rose by nearly 4.1% compared to one…