Rents are Rising in the Suburbs

Many renters are looking outside of city centers for more affordable housing, causing rent payments to grow faster in the suburbs than urban areas – Rents are rising faster in the suburbs than urban areas in some of the nation’s hottest housing markets. – The monthly cost of a...

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Builder Confidence Continues on Upward Trend

In a further sign that the housing market continues to strengthen, builder confidence in the market for newly-built single-family homes rose two points in May to a level of 70 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the second highest HMI...

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Housing Affordability Registers Slight Uptick in First Quarter

Rising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a slight boost in the first quarter of 2017, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today. “Builders are...

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