More than two dozen organizations will present cutting-edge housing and building solutions on the National Mall in Washington, D.C., this weekend during the U.S. Department of Housing and Urban Development (HUD)’s annual Innovative Housing Showcase. The event, established by then-HUD Secretary Ben Carson in 2019, is scheduled for Sept. 6–10. “HUD is proud to champion […]
HUD Innovative Housing Showcase begins Saturday Read More »
Although modular construction has been a long-time construction option, advancements in technology, data and automation are making it more viable at scale, according to recent research from McKinsey & Co., which analyzed more than 700 companies in 50 countries. The data draws on interviews conducted by McKinsey with more than 20 global executives. Its database
Modular construction advancements could help address the housing shortage Read More »
Americans are moving less in 2025, with overall migration still well below pre-pandemic levels, according to a new report from Bank of America Institute. The number of people who are moving remains significantly lower than before the pandemic – down almost 20% in the first quarter of 2025 compared to the first quarter of 2020,
Migration slows under pressure of rate lock-in, cooling job market Read More »
U.S. Reps. Sam Liccardo, D-Calif., and Mike Flood, R-Neb., introduced legislation Tuesday aimed at making it easier for cities to use federal money to build affordable housing. The Unleashing Needed Local Options to Construct and Keep Housing (UNLOCK) Act would loosen restrictions on how municipalities spend Community Development Block Grant (CDBG) funds. Efforts stem from
New bill aims to ‘unlock’ affordable housing funding Read More »
Mortgage rates reached another new low for 2025 on Thursday morning after a weak ADP jobs report caused bond yields to dip slightly ahead of the significant jobs report that will be released on Friday. Current 30-year fixed mortgage rates are at 6.45% according to Mortgage News Daily, marking an 11-month low. Mortgage rates reached
Mortgage rates drop to 11-month low after weak ADP jobs print Read More »
For years, doom-and-gloom headlines have hyped a looming “housing crash.” But the data, demographics, and long-term trends tell a very different story. The United States isn’t teetering on the edge of collapse — it’s standing at the threshold of what we are calling a 25-year surge: a generational housing boom unlike anything we’ve seen before.
The 25-year housing surge and why the boom is just beginning Read More »
Mortgage rates decreased slightly on Wednesday morning to a year-to-date low of 6.49% after the job openings data came in below expectations. The key takeaway from this BLS report is that we now have more unemployed workers than job openings. This is significant because the Federal Reserve has traditionally valued job openings data and has
Mortgage rates hit a new 2025 low after soft job openings report Read More »
The U.S. economy may be closer to recession than the Trump administration acknowledges, with housing and construction poised to feel the pinch first, according to Mark Zandi, chief economist at Moody’s Analytics. In an interview with Newsweek, Zandi said his biggest fear, one he has warned about for months, is now materializing — a cascade
Moody’s economist warns of recession, housing market risk Read More »
Have lower mortgage rates altered the dynamics of the housing market based on our data? Now that August has come to an end, it’s clear that they have — and the results have surprised me. In recent years, it has typically taken sustained mortgage rates of around 6% to impact housing data. However, I noticed
Lower mortgage rates pushed inventory lower in August Read More »
Homeownership has long been seen as a marker of stability and success. But for many in Generation Z — the youngest group entering the housing market — that dream feels increasingly out of reach. Rising mortgage rates, high home prices, student debt and career uncertainty are reshaping what housing looks like for this generation —
Gen Z offers its thoughts on the renter vs. homeowner debate Read More »