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Livabl

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Single-family housing starts higher in April

Livabl May 16, 2024

Single-family housing starts ticked up 0.4% from March to a seasonally adjusted annual rate of 1,031,000 in April, according to the U.S. Census Bureau and Department of Housing and Urban Development
Prosective home buyers fear the long-term impact of renting

Livabl May 15, 2024

While many renters fear the longer-term consequences of renting on their financial futures, they are simultaneously unable to access the housing market due to high interest rates and prices.
93% of metros post home price increases

Livabl May 9, 2024

In the first quarter of 2024, 93% of metros, or 205 out of 221, recorded home price gains, according to the National Association of Realtors’ latest quarterly report.
National new home lot supply tightens in Q-1

Livabl May 8, 2024

Zonda’s New Home Lot Supply Index (LSI) for the first quarter revealed tightening of supply across the nation for both quarterly and annually. An increase from 22 markets in the fourth quarter of 2023, the LSI tightened quarter over quarter in 25 of Zonda’s select markets.
Federal Reserve holds rates steady again with inflation still elevated

Livabl May 1, 2024

For the third straight meeting in 2024, the Federal Reserve Open Market Committee (FOMC) elected to hold rates steady.
Here are the sustainable elements homeowners want

Livabl April 22, 2024

Over 70% of industry experts—including designers, remodelers, and kitchen and bath specifiers—agree that demand for sustainability in kitchen and bath design will increase in the next two years. As homeowners and buyers become more aware of sustainable design, 54% believe it will become a “must-have” in the future, according to the 2024 National Kitchen & Bath Association (NKBA) Sustainability Report.
Five tips for improving energy efficiency

Livabl April 16, 2024

Energy efficient features—and the cost-saving benefits—are expected by today’s new-home buyers. From Energy Star certified appliances to low-E windows, new construction homes are equipped with products and materials that ensure home buyers do not have worry about wasted energy or high utility bills.
Redfin: 28 percent of new-home buyers don’t know how much their agent was paid

Livabl April 11, 2024

According to a report commissioned by Redfin last month, over one-quarter of respondents (28 percent) were unsure of the amount their agent was paid. Seventeen percent didn’t know how the amount was calculated, and 19 percent had no idea who paid the agent. The survey went out to almost 3,000 renters and owners, and the results zeroed in on those who had bought a home in the last year and used an agent (approximately 120).
Market snapshot: Washington, D.C., adjusts to rates with steady new-home sales

Livabl April 8, 2024

The recent spike in mortgage rates has had a more muted effect on Washington D.C.’s new-home sales than when they started their climb from record lows in 2022.

Despite rates shooting past 7%, the average new-home sales rate has been higher than a year ago, suggesting home buyers have adjusted to the new normal and are budgeting a larger portion of their income to housing.
NAR: Millennials lead the home buying market

Livabl April 3, 2024

According to the latest report from the National Association of Realtors (NAR), millennials have snatched the largest share of the housing market.
Market snapshot: How Las Vegas is defying the odds

Livabl March 27, 2024

In the January Zonda Market Ranking, the metro area was significantly overperforming compared with its long-term historical average. Home builders are ramping up new construction, and starts activity has improved over the past six months.
Housing starts bounce back to double-digit growth in in February

Livabl March 20, 2024

Single‐family housing starts rose 11.6% in February to a rate of 1,129,000, according to the U.S. Census Bureau and the Department of Housing and Urban…
Housing market update: Relative affordability, lot supply remain concerns

Livabl March 14, 2024

Builders are reporting offering smaller homes, buying land farther from urban centers, and paring back features to help lower costs and sales prices.
Gen Z and millennials are OK with higher interest rates

Livabl March 12, 2024

Younger generations are ready to make a move in their home buying journey this year, according to the latest ServiceLink State of Homebuying Report.
Revolutionize home efficiency with these eight new system products

Livabl February 28, 2024

Check out the latest electrical, plumbing, and energy-saving systems from Leviton, Rinnai, Legrand, and more.
She Built Foundation announces official launch

Livabl February 21, 2024

She Built, the newly established nonprofit encourages and inspires girls to take up building and construction careers.