Housing Industry News
A collection of Housing latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
These 3 housing markets-including Austin-just hit 'significantly oversupplied' lot inventory
Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClub newsletter. During the Pandemic Housing Boom, we saw red-hot housing demand quickly absorb much of the available slack in the housing market.
America's housing market is splitting in two, and one group of buyers is getting left behind
Even though debate lingers about whether the K-shaped economy is over, the U.S. housing market is signaling it's alive and well as activity remains starkly split along financial lines. The increasing financial inequality between high- and…
Lowe's cuts outlook as soft housing market curbs demand - TT
A Lowe's store in the Brooklyn borough of New York. (Yuki Iwamura/Bloomberg News) Lowe's cut its full-year outlook, now expecting flat comparable sales after second-quarter comparable sales rose 0.2% and missed Wall Street estimates. The weaker…
Berkshire Hathaway bet big on the U.S. housing market. You probably shouldn't follow suit.
Berkshire Hathaway has been putting more money into beaten-down home builders, but timing a recovery in the housing market is tricky. In many ways, Berkshire's BRK.A BRK.B recent housing bets personify its value-seeking investing ethos. The…
The Phoenix housing market is cooling off
In 77% of the Phoenix area's ZIP codes, sellers listed their homes in July for less than they did last year. Why it matters: Some home buyers could be getting better deals than they did last year when mortgage rates were at comparable levels. By…
The have-and-have-not housing market
Housing starts declined 12.4 percent in July compared with the month before for single- and multi-family construction, falling 13.5 percent from the same time last year, according to Commerce Department data released this week. Residential permits…
La-Z-Boy Crashes Most Since 2022 As Frozen Housing Market Crushes Sofa Demand
La-Z-Boy shares suffered their steepest decline in 4.5 years on Wednesday after the furniture maker's second-quarter guidance missed expectations, providing even more evidence that weak housing turnover has suppressed demand for big-ticket…
White House chooses to not invite prediction markets to technology meeting
A Kalshi spokesperson told the Washington Examiner that the company believes the White House “decided to focus the event solely on crypto.” Prediction markets allow users to place wagers on real-world events, ranging from politics and…
4 Texas cities top list of 'most motivated' housing markets - as sellers desperately slash prices to find buyers
Gone are the days of the Lone Star State rush. Texas, a popular COVID-era landing pad for out-of-staters fleeing pandemic closures and restrictions, has seen its fortune turn on its head. Now, four Texas cities top the list of the nation's…
How to read housing market trends in your local market
The national housing market looks remarkably stable right now. But that stability is hiding very different versions of housing normalization at the local level. In this week's Housing Market Tracker, HousingWire lead analyst Logan Mohtashami…
Famous wonky house hits the market for £650,000
A wonky 17th century property loved by tourists has been put up for sale with a price tag of £650,000. The Crooked House, which is also known as Sir John Boys House, stands in Canterbury, Kent, and has established itself as one of the city's…
Home Depot and Lowe's Battle Over the Housing Market's Maintenance Economy
Homeowners who are reluctant to move are also reluctant to finance expensive renovations. At the same time, houses continue to age, and contractors still have jobs to finish. Home Depot on Tuesday (Aug. 18) reported second-quarter sales of $47.86…
A million dollars over asking': AI wealth is fueling housing market frenzy in San Francisco
(CNN) — Just a few years ago, San Francisco was the national symbol for post-pandemic urban decline. Now, fueled by the artificial intelligence boom, the Golden City and its suburbs are quickly becoming the hottest housing market in the…
Did Berkshire Hathaway's $6.8 Billion Bet Misjudge the Housing Market -- Again?
The U.S. housing market is stuck in an uncomfortable place. Mortgage rates remain near 7%, existing-home sales are falling, and builders are pulling back on construction as buyers struggle with affordability. In July, single-family housing starts…
Home Depot launches express delivery fleet in 'frozen' housing market
Despite a slow housing market curbing demand for building supplies, The Home Depot is launching a rapid delivery service for professional and DIY customers. The Express Delivery fleet employs Home Depot stores as fulfillment hubs to deliver…
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