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Livabl

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Tri Pointe Homes targets expansion in 2024 with focus on central and southeast markets

Livabl February 20, 2024

Tri Pointe Homes is aiming for 17% year-over-year growth in home deliveries
Homeowners are staying put twice as long as they did in 2005

Livabl February 16, 2024

Homeowners are not moving any time soon. In 2005, homeowners spent 6.5 years in the same residence. That number has jumped to 11.9 years.
Rising housing costs continuing to drive inflation

Livabl February 13, 2024

The cost of shelter is continuing to drive consumer inflation. The shelter index accounted for over two-thirds of the annual increase in the Consumer Price Index (CPI), according to the U.S. Bureau of Labor Statistics (BLS).
Realtor.com: Lower mortgage rates translating to improved affordability

Livabl February 12, 2024

The drop of mortgage rates by more than 100 basis points since their peak at 7.8% has translated into savings of approximately $366 every month, according to analysis by Realtor.com. The calculation assumes a median price of $414,000 and a 10% down payment, which results in an average monthly payment of approximately $2,385.
Existing home sales fall to lowest full-year level since 1995

Livabl January 19, 2024

Existing-home sales—completed transactions that include single-family homes, townhomes, condos, and co-ops—decreased 1% from November to a seasonally adjusted annual rate of 3.78 million in December, according to the National Association of Realtors (NAR).
The 10 top-selling U.S. masterplanned communities of 2023

Livabl January 12, 2024

With 2023 in the rear view, the Zonda Advisory team, including chief advisory officer Tim Sullivan and principal Mollie Carmichael, recently analyzed data from over 900 master-planned communities across the country to determine the 10 top-selling master plans of last year.
Hope of lower interest rates prompts consumer optimism

Livabl January 8, 2024

A survey-high 31% of consumers expect mortgage rates to go down, according to the Fannie Mae Home Purchase Sentiment Index.
FHA loan limit to increase in 2024

Livabl November 29, 2023

The Federal Housing Administration (FHA) and Federal Housing Financing Agency (FHFA) announced their new loan limits for 2024.
Morgan Stanley offers a glimmer of hope for 2024 homebuyers: “An affordability improvement that we have only seen a handful of times”

Livabl November 23, 2023

2023 has been a rough ride for homebuyers. Exploding interest rates caused many potential buyers to pump the brakes on diving into homeownership.
Existing home sales recede again in October

Livabl November 23, 2023

Existing home sales dropped once again in October, according to the National Association of Realtors (NAR).
The big bleed: Homeowners who purchased last year are rapidly losing money

Livabl November 22, 2023

The U.S. real estate market is not for the timid. Another period of heart-stopping inflation, soaring mortgage rates, uncontrollably rising prices, and widespread worry about homeownership followed the unanticipated rollercoaster that was the pandemic.
New home sales cool in October amid rising interest rates

Livabl November 22, 2023

Home sales aligned with expectations in October. While sales were cooler than September, the rate of sales was well above levels a year ago, according to the October New Home Market Update report from Zonda.
RE/MAX National Housing Report: Softening market, seasonal declines for October

Livabl November 21, 2023

According to the RE/MAX National Housing Report for October, the seasonal decline of the housing market is here. Signs indicate that the softening of new home sales affected last month.

RE/MAX surveyed 53 metros for the report and noted that inventory grew for the seventh month. In short, the buyers are still hibernating.
New home mortgage applications up nearly 40 percent year-over-year

Livabl November 16, 2023

Mortgage applications for new-home purchases increased 39.7% compared with a year ago, according to the October data from the Mortgage Bankers Association (MBA) Builder Application Survey (BAS). Compared with September, applications increased by 6%.
Down payments continue to climb as buyers face higher interest rates

Livabl November 15, 2023

The median down payment increased across the board in the third quarter, somewhat counterintuitive, according to Realtor.com. While down payment amounts typically increase as home sale prices increase, the increase in down payments in the third quarter came during a period when home prices were steadying.
Inflation flat month-over-month in October

Livabl November 14, 2023

Consumer prices remained unchanged in October on a seasonally adjusted basis, after increasing 0.4% in September, according to the U.S. Bureau of Labor Statistics (BLS). Over the last 12 months, inflation has increased 3.2%, according to the Consumer Price Index (CPI).