
More Mixed Results in Residential Construction Report
Residential construction was mixed in August as housing starts recovered in the single-family sector, while building permits declined from July levels and completions fell sharply. The latest Census Bureau data points to continued unevenness in residential construction, with builders pulling back so
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Labor, Land, and Rising Costs Push Builder Confidence to 3 Year Lows
Builder sentiment took a meaningful step backward in September, with higher mortgage rates, rising construction costs and worsening labor shortages weighing on the market for newly built homes. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell three points
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Refi Demand Falls, But Still Higher Than Early 2025 Levels
Mortgage application activity weakened again last week, with higher mortgage rates weighing on both purchase and refinance demand. The Mortgage Bankers Association (MBA) reported a 4.1% decrease in total application volume on a seasonally adjusted basis for the week ending September 11. The results
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Does a New Roof Increase Home Value? Cost, ROI, and When it’s Worth It
Let’s get right to it: Does a new roof increase home value? Yes, a new roof can increase home value, but the amount depends on the condition of the existing roof, the roofing material, local market conditions, and buyer expectations. Replacing an aging or damaged roof may have a greater impact than
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