Economic

Top 10 Home Construction Potential: Small Metro Areas

NerdWallet analyzed the top 100 most populous metro areas to determine which have characteristics that are favorable to homebuyers.  Here are the top 10 small metro areas for homeownership.

2013 New Home Sales Increased 16.4%

Sales of newly built, single-family homes fell 7 percent to a seasonally adjusted annual rate of 414,000 units in December; home sales in 2013 were up 16.4 percent over the previous year.

Top 10 Hottest Residential Construction Markets in 2014

​From Oakland, Calif., to Memphis, Tenn., these major metro areas are expected to see the biggest increase in home prices this year, according to CoreLogic Case-Shiller's latest home price forecast.

Under-30 Crowd Creating Systemic Shift Toward Multifamily

America’s under-30 crowd is struggling with student debt, remaining unmarried and unemployed or underemployed. They also have a very strange relationship with housing.

Fight Over Fannie & Freddie Could Be Costly

As Congress figures out what to do with Fannie and Freddie, which are now in government conservatorship, the worst mistake would be to get sucked back into refighting the old battles.

Top 10: State Foreclosure Rates

Bankrate's tapped RealtyTrac to spin up the top 10 list among states for foreclosure rates.

Predicting Starts? Choose Umemployment Over Mortgage Rate

Lower unemployment rates are a more powerful catalyst to the housing recovery than lower mortgage rates.

Small Lenders Fret New Mortgage-Lending Rules

Small lenders, already struggling with weak economic conditions and rising interest rates, say new mortgage-lending rules could further crimp their ability to make loans.

Boom to Bust to Boom: Vegas is Back!

Builder confidence in the Vegas market continues to strengthen, and is, in fact, back to 2008 levels. But the new normal will be steady absorptions, increased construction costs, and a tightened labor supply.

Wells Fargo Offers Tempered Outlook on Housing Starts

We remain optimistic about the housing market, but we still maintain our below-consensus forecast for home sales and new home construction in 2014.