Blogs

Compounding Factors Stall Housing Market

After an initially positive forecast, existing-home sales for this year are now expected to fall behind the pace set in 2016 based on current pending home sales data. Several factors, including inventory, prices, and hurricanes, have compounded to reduce housing market activity this summer.

4 Questions Before Buying Your First Home

Whether you are a young person getting into the housing market early or a long-time renter looking to make the big leap to ownership, buying that first home marks a turning point in life. Both personally and financially, buying a home represents one of the largest decisions that a person has to make. Because of its magnitude, the choice to leap into real estate should not be made lightly. Here are 4 of the key questions that first time buyers should ask themselves before taking the plunge.

Shifting New Home Design Trends of 2016

As more young people look to move into the housing market and more retirees look to downsize, home builders have begun to move toward the middle of the market in 2017. Shares of both the most expensive homes (luxury, $500,000) and the least expensive homes (multifamily, $150,000) have fallen this year, while construction of the middle segments (move-up homes, starter homes, and townhouses) has risen. What does this mean for design? For the most part, it has followed the movement toward the middle, with a few notable exceptions.