A new analysis by the CFPB has found that complaints from wealthier communities were more frequently about loan origination and performing servicing over the course of 2020.
Read More »Residential Construction at 14-Year High
One economist described 2020 as "the strongest [year] for residential construction since 2006.” Click through to read about the latest housing market data.
Read More »Hurricanes Impacting Housing Starts
Housing starts have fallen significantly according to a Census Bureau report on new residential construction. Experts parse through the numbers and explain the correlation of the dip with the recent hurricanes.
Read More »Falling Home Starts Could Be Because of Warm Winter
It’s now the third month straight that U.S. homebuilding has fell—considering the U.S. is currently in a housing shortage, this isn’t good news. According to the latest report from the U.S. Census Bureau, this is the lowest level housing starts have been at in eight months. The biggest drop in housing starts was in the South and Midwest, while the West slightly rose and Northeast stayed stagnant.
Read More »Residential Construction Spending Increases in August
The U.S. Census Bureau reported Thursday that residential construction spending increased 0.7 percent in August to an estimated seasonally adjusted annual rate of $1,086.2 billion from the upwardly revised estimate of $1,079.1 billion in July.
Read More »U.S. Census Releases Reports on Migration
The U.S. move rate has continued to stay at about 12 percent since 2008. This rate has held steady between 11.5 and 12.5 percent, and about 1 in 9 people moved between 2013 and 2014. That’s an estimated 35.7 million people who migrated over the U.S. during that year.
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