Consumer Outlook Weakens in Early March

Consumer Outlook Weakens in Early March

By Amy Connolly Rising costs and economic uncertainty weighed on households in early March. The survey offers clues about buyer confidence as the spring homebuying season ramps up. ANN ARBOR, Mich. — U.S. consumer sentiment slipped in early March as rising gasoline...
RE Q&A: Can Builders Install Signs?

RE Q&A: Can Builders Install Signs?

By Gary M. Singer Construction sites may be allowed temporary signs with builder or project info. Local ordinances set limits, and code enforcement can review possible violations. FORT LAUDERDALE, Fla. – Question: They’ve been building the house at the end of my block...
NAR Applauds Senate Housing Bill Passage

NAR Applauds Senate Housing Bill Passage

NAR’s Shannon McGahn said passage of the ROAD to Housing Act helps address the housing shortage. The bipartisan bill now moves to the House and the president. WASHINGTON – Today, Shannon McGahn, executive vice president and chief advocacy officer of the National...
Congress Moves Forward on Housing Reform

Congress Moves Forward on Housing Reform

By Charlotte Kramon, Alex Veiga and Mary Clare Jalonick A broad housing bill passed the U.S. Senate to boost supply and curb investor activity. The measure now returns to the House before it could reach the president. WASHINGTON — The Senate passed a broad bill on...
Global Tensions Lift Mortgage Rates

Global Tensions Lift Mortgage Rates

By Alex Veiga The average 30-year mortgage rate rose to 6.11% and the 15-year to 5.5% on market volatility pushing borrowing costs higher as the spring homebuying season begins. WASHINGTON – The average long-term U.S. mortgage rate rose again this week, reflecting...
Key Trends Could Shape Housing’s Future

Key Trends Could Shape Housing’s Future

By Amy Connolly Builders highlight demographic changes, remote work and aging homes as key forces that could influence housing demand and construction for years to come. WASHINGTON — A new housing industry analysis identifies several long-term economic, demographic...