Builders Breaking Ground at Fastest Pace in 2 Years

Residential construction activity was mixed again in April, as building permits rebounded while housing starts pulled back modestly from March’s stronger pace. The latest Census Bureau data continues to reflect a construction sector navigating uneven demand and affordability pressures. Privately own

Borrowers Shift Toward ARMs as Fixed Rates Climb

Mortgage applications pulled back last week as rising rates weighed on homebuyer demand, while refinance activity remained largely flat. The Mortgage Bankers Association (MBA) reported a 2.3% decrease in total application volume on a seasonally adjusted basis for the week ending May 15. The decline

Builder Sentiment Improves Slightly as Mortgage Rates Continue to Weigh on Demand

Builder confidence improved modestly in May, though sentiment remained subdued as elevated mortgage rates, affordability pressures, and broader economic uncertainty continued to weigh on the housing market. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) incre

Renting vs Buying in Raleigh, NC: Which is Right for You?

Known for its thriving tech industry, beautiful green spaces, and rich cultural scene, Raleigh, NC offers a dynamic and inviting environment for residents and visitors alike. If you’re looking to move to Raleigh, then you also may be considering whether to rent versus buy a home in Raleigh. With Ral