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May 13, 2021
Good feelings keep feeding housing demand

The single-family housing market was particularly strong in 2020. As of Q4 2020 home prices appreciated 10.8% year over year according to the Federal Housing Finance Agency (FHFA).

The National Association of Realtors (NAR) reported that sales of existing homes in the fourth quarter rose more than 20% year over year.

Much of that increase is attributable...

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May 4, 2021
Stimulate home value by adding another bathroom

Awash in extra money for home improvements with the arrival of more stimulus cash? Maybe it’s time to consider adding a new bathroom.

The cost will be defrayed maybe in full by the concurrent rise in home value. The conventional wisdom is that you’ll add about a fifth to your house’s value in general if you...

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April 19, 2021
Battles pitched in home bidding wars

Home sales have exploded across the country in the past year and there's no slowdown in sight as the market hits the busy spring season.

Even with the end of the global pandemic possible in 2021 the competition to buy homes continues to be intense mostly because of persistent lack of inventory.

The 5.64 million sales...

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April 9, 2021
Market forces showdown is 2021 housing's 'Main Event'

Who will emerge victorious as economic forces square off in the housing market of 2021?

Will it be the unstoppable force? Home sales exploded in 2020 spurred on by incredible demand born of the coronavirus shutdowns. Despite steadily rising mortgage rates those sales show no sign of slowing down.

But will rising prices be the immovable object...

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April 6, 2021
All the house fit to print

The first listed home created by a 3-D printer recently went on sale in Riverhead a town on Long Island in New York. The asking price is $299 000.

At 1 400 square feet the footings foundation slab and walls were created line by line on a printer rather than with traditional construction methods. The roof...

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March 31, 2021
Post-pandemic home sales look strong, but builders are struggling

The coronavirus crisis fueled incredible demand for single-family housing and despite skyrocketing prices and rising mortgage interest rates sales are positioned to remain strong.

Even with consumer optimism surging in 2021 over the potential end to the pandemic what the housing market really needs is more houses. But the nation’s homebuilders are struggling.

Skilled labor shortages have...

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