Housing Starts Retreat on Elevated Rates

Housing Starts Retreat on Elevated Rates

Overall housing starts decreased 9.8% in January, which is 1.8% lower than a year ago. Multifamily decreased 13.5%. WASHINGTON — Constrained housing affordability conditions due to ongoing, elevated interest rates led to a reduction in single-family production to...
Healthy Home Trends Agents Need to Know

Healthy Home Trends Agents Need to Know

Healthy homes are designed and constructed to improve indoor air quality, reduce allergens and be more energy efficient. NEW YORK — Real estate agents and brokers need to set themselves apart from the competition by not only offering home selling and buying expertise...
Buyer’s Market Emerges in Parts of U.S.

Buyer’s Market Emerges in Parts of U.S.

Redfin reports 3.7 months of supply in January, the most in six years. Florida ranks high for buyers, with six of the top 10 metros for inventory. SEATTLE — The U.S. housing market has tilted in favor of buyers for the first time this decade, with 3.7 months of...
Flood Program Borrows $2B After Storm Claims

Flood Program Borrows $2B After Storm Claims

By Jim Saunders FEMA is borrowing funds to cover flood insurance claims after Hurricanes Helene and Milton caused widespread damage, depleting NFIP resources following multiple floods. TALLAHASSEE, Fla. — After Hurricane Helene and Hurricane Milton pounded Florida’s...
Builder Confidence Drops in February

Builder Confidence Drops in February

NAHB said builder sentiment fell to the lowest in five months due to concerns over tariffs, mortgage rates and housing costs. WASHINGTON  — Builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates and high housing costs. Builder...