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NAHB Index: Opportunities Emerge Amid Affordability Challenges

NAHB Index: Opportunities Emerge Amid Affordability Challenges

Builder confidence in the housing market declined in June, with the Housing Market Index dropping 2 points to 35, marking the 26th consecutive negative reading. Current sales fell to 38, expected sales remained at 45, and buyer traffic stayed at 25. Regionally, the...
Why Home Sales Are Poised to Pick up This Summer

Why Home Sales Are Poised to Pick up This Summer

Slide 1 More buyers are returning—mortgage rate locks jumped 14% year-over-year, the strongest signal of rising home sales in over three years. Slide 2 Buyers aren't waiting for ultra-low rates anymore—they're realizing today's market may be the new...
US Buyers See More Builder Incentives

US Buyers See More Builder Incentives

US builder confidence registered 35 in Late-Q2, staying below 40 for a 14th straight mo amid affordability pressure, costs, and mortgage-rate headwinds. Builder offers matter: low-60% used sales incentives in Late-Q2, while ~35% cut prices, averaging ~6% reductions...
Global Buyers Face Rent-or-Buy Choice

Global Buyers Face Rent-or-Buy Choice

Renting can offer flexibility and lower short-term costs, while ownership may build wealth, reduce taxes, and become cost-effective over time for many households. If a home fits your needs, compare lenders carefully and look for financing solutions aligned with your...
Arizona First-Time Homebuyer Programs

Arizona First-Time Homebuyer Programs

Arizona offers various first-time homebuyer programs providing down payment and closing cost assistance, including statewide options like Home Plus and Arizona Is Home, which target rural areas. Local programs in Flagstaff, Maricopa County, Phoenix, and Pima County...