There’s a silver lining to higher rates and fewer listings

In 2023, the spring homebuying season once again has its share of challenges. Two large ones in particular are weighing on the housing market’s outcome: mortgage interest rates and the inventory of homes for sale. Mortgage rates have continued along their volatile path since the beginning of the year with instability in no small part […]

A homebuilding boom should gain steam in the coming years

Here’s a statistic that isn’t getting talked about enough: New homes as a share of properties listed for sale have shot up since the start of the COVID-19 pandemic. From 2000 until the onset of the pandemic, new homes represented about 11% of the U.S. market at any given time. Since then, however, new homes […]