The numbers: Builder confidence rose in December for the first time in five months as mortgage rates fell. Builder confidence increased as rates fell roughly 50 basis points over the past month, which ...
The numbers: Builder confidence waned in August as the 30-year mortgage rate surged, dampening U.S. home-buying interest. Despite a persistent shortage of homes on the market for resale, builders have ...
For many first-time buyers, starter homes feel like an endangered species. In hundreds of cities nationwide, so-called starter homes now cost $1 million or more.¹ Even in areas where prices are lower, ...
The market for first-time home buyers in America is dismal. Since 2021, the annual income needed to qualify for a mortgage has increased by 60 percent, driving the median age of a first-time home ...
First-time buyers are running into a housing market that looks increasingly closed off, even to those with solid jobs and ...
The National Association of Realtors (NAR) reports that the typical age people purchase their first home in the U.S. has risen to an all-time high of 40 years old. First-time buyers represented only ...
The current housing market is anything but predictable. Mortgage rates are dropping in 2025, but new tariffs could still drive up the costs of building and maintaining homes. At the same time, rent ...
Aug 15 (Reuters) - U.S. home builder confidence weakened in August for the first time this year, according to a report released Tuesday, as record-breaking mortgage rates and still-high housing prices ...