New Home Sales Weaken in October

Sales were down 5.6% month-to-month, but they’re up 17.7% year-to-year and up 4.6% so far in 2023. About 30% of all Oct. home sales were new construction.

Note to Seniors: The Kids Don’t Want Your House

Some older adults won’t downsize because they want to transfer their “pride of ownership” to loved ones – but the younger generation wants to buy its own house.

Modular Housing CEO: Solution to Chronic Shortage

The site-built home process hasn’t changed much over the decades, but modular building makes it more efficient by completing different tasks at the same time.

Mortgage Rates Roughly Unchanged Yet Again

"Lower volatility and more sideways momentum" have been the themes as we've moved away from last week's more consequential economic data.  The underlying bond market has been microscopically stronger since then and that's resulted in microscopically lower rates.   But for all intents