Home prices are rising rapidly, but economists are deflating concerns that another “housing bubble” is brewing.
The Federal Reserve’s decision today could potentially bring a close to a seven-year streak of very low mortgage rates. Here’s what an increase in rates could mean for the housing market.
Homebuilder confidence in the newly constructed single-family market continues to rise, this month reaching its highest reading since October 2005. Will that growing confidence turn into a boon for homebuilding?
Offsetting heightened anxiety on Wall Street, a strengthening economy due to an increase in consumer spending and job growth should aid the housing market’s recovery, according to Fannie Mae researchers.
Toll Brothers and Lennar – two of the nation’s largest homebuilders – are expanding their footprint into the rental-apartment market, even though concerns are growing that the hot rental market may be getting overbuilt.