Zonda’s Ali Wolf and Tim Sullivan try to make sense of the contradictory data... More
Buyers are out in force and builders are ready to sell them houses, but... More
Zonda’s Ali Wolf and Tim Sullivan anticipate strong housing performance in the... More
Despite overall economic uncertainty, here's why housing appears to be getting... More
A shortage of entry-level houses and rising interest rates will influence the... More
Interest paid must be used for buying, building, or substantially improving a... More
Remodelers and industry insiders consider the impact of dropping home prices and mortgage interest rates on a potential new sector of remodeling clientele. More
Most contractors find that people who finance home improvements tend to spend more than those who pay cash. Contractors who understand the various types of credit products and know how to present them will be more likely to lead the customer to make the decision to finance. More
The Conference Board's index went from 79.6 in October to 84.1 the following month. According to the U.S. Bureau of Labor Statistics, the seasonally adjusted unemployment rate for construction workers this October is nearly 10%, up significantly from 8.3% a year ago. More
At 49.3 in the third quarter, the RMI for current conditions is down from 52.7 in the second quarter; the Future Expectations Index dropped to 48.0 from 52.2 a quarter earlier. Consumer confidence Consumer confidence fell for the fifth straight month in October. Second mortgage interest rates were about 5.13% in October vs. the record low of 5.11% in September. More
