What Is Redlining?
Homeownership is a major goal for many people. Not only is a house the biggest purchase many will ever make, but owning a home is a way to build andâ¦
Homeownership is a major goal for many people. Not only is a house the biggest purchase many will ever make, but owning a home is a way to build andâ¦
US housing starts opened 2021 with a 6% month-over-month decline in January – a sharp reversal from the recorded 5.8% gain in December – the US Census Bureau and the US Department of Housing and Urban Development announced Thursday. Read more: US housing starts broke records in 2020 Overall housing starts were running at a … [Read more…]
Extreme increases in lumber prices have caused some people to go bearish on new home sales. Not this one! If we play a version of rock, paper, and scissors with lumber prices and mortgage rates, mortgage rates will win. Mortgage rates have a much more significant influence on the new home sales market than lumber prices, even at their current highs.
The post Even with high lumber prices, new home sales beat appeared first on HousingWire.
These places have the largest percentage of residents age 65 and older.
The American dream of homeownership is not an equal opportunity ambition. Blacks and Hispanics are more likely to be denied mortgages or get pricier loans.
The post ‘How Can We Catch Up?’ Mortgage Denials Stack the Deck Against Black and Hispanic Buyers appeared first on Real Estate News & Insights | realtor.com®.
Posted To: MND NewsWire
Builders appear to be prepping for a huge spring . While the U.S. Census Bureau and the Department of Housing and Urban Development report that housing starts were down in January, typically the case in winter, housing permits were issued at what is probably a post housing crisis high. The seasonally adjusted rate of permitting during the month was at an annualized 1,881,000 units, a 10.4 percent jump from December’s rate of 1,704,000, itself a more than 4 percent monthly increase, up 22.5 percent from the 1,536,000 permits issued in January 2020. Analysts polled by Econoday didn’t come close with their estimates, which anticipated a slight monthly retreat. Predictions ranged from 1,600,000 to 1,715,000 with a consensus of a 1,670,000-permit rate. Single-family permits were estimated at 1,269…(read more)
Single-family permits, a leading indicator of future starts, are up nearly 30% from one year ago. But there’s still not enough supply for homebuilders.
The post Homebuilders preparing for big 2021, data suggests appeared first on HousingWire.
The Bureau of Labor Statistics (BLS) says that computer and information technology jobs are expected to have grown by 11% from 2019 to 2029, adding 531,200 new jobs in cloud computing, big data storage and collection and information security. The … Continue reading →
The post Best Cities for Women in Tech – 2021 Edition appeared first on SmartAsset Blog.
Household Debt Climbs to $14.56 Trillion as More Americans Seek Mortgage Loans Investopedia
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