Fannie Mae Predicts New Construction Up in 2020
Fannie Mae’s predictions for new home sales and construction have been adjusted to reflect an optimistic outlook on the U.S. economy.
Homebuilders: Optimistic Like It’s 1999
NAHB reported that homebuilder sentiment hit a 20-year high in December of 2019. The Housing Market Index is based on builder survey data about current home sales, anticipated sales for the next six months, and the numbers of prospective buyers approaching the builders. An average of the three scores above 50 is considered positive, and December came in at 76. (Respective numbers in December were 84 for current sales, 79 for expected sales and 58 for prospective buyers.)
The Incredible Benefits of Owning One Home in Your Lifetime
Owning just one home in your lifetime could be the most powerful decision you ever make, both financially and for overall stability and well-being. The tax laws, monetary system, and property-rights based society that we live in are all designed for it, and we explore how it creates an incredible investment over time, and many other reasons why it’s so powerful.
Real Estate Markets to Watch in 2020 and Beyond
The National Association of Realtors released their yearly report on the top 10 outperforming markets from across the U.S. The data includes the areas where it is expected for home prices to rise faster than national averages.
Average U.S. Incomes Won’t Support Buying Average Homes
With home prices rising throughout the country, many people cannot keep up with the cost of payments to own them. Attom Data Solutions’s great visual explores the affordability numbers in each location as it relates to slower wage growth that makes it increasingly harder for everyone to be a homeowner.
Net-Zero Construction is Surprisingly Affordable
You might think that the cost to build a zero-energy (ZE) or zero-energy ready home (ZERH) is much higher than the cost of traditional building. But building to zero-energy standards only costs from one to eight percent more up-front than simply building to code.
California is Building Less Than Half Of New Homes Needed
California needs as many as 3.5 million new homes by 2025. But analysis of 2018 data shows a huge shortfall in the number of building permits being issued.
Prefab Builder Module Housing Moves Forward With New Affordable Project In Pittsburgh
Housing innovator Module is making progress on the first of a block of new houses in the Pittsburgh neighborhood of Garfield. It’s an exciting step forward for revitalizing the neighborhood with homes that are easy to construct and modify, energy efficient, and attractive.
The Alarming Wealth Deficit Among Millennials vs. Previous Generations
Previous generations were further ahead financially than us millennials at the same age. This chart shows the average wealth by age for the baby boomers, generation X, and millennials, and how far behind millennials are in accumulating wealth versus the previous generations.
The Best Video on How the Economic Machine and Cycles Work – Part 3
In the conclusion of our three-part series, we explore the four tools used to get out of a recession or depression, how to get the economy back on track, and the rules for us personally to prosper in this economic system we live in.
End of content
End of content