More than a decade has passed since the financial crisis hit, yet the housing market remains in a deep funk. Fear not: A wave of millennial buyers is about to hit the scene. Right? One of the weirder things about the current economic recovery is how little housing has contributed to it. Unlike past expansions, […]
Home Building in the U.S. Rose in April
WASHINGTON—A gauge of home building across the U.S. increased in April, driven by an uptick in single-family construction across much of the country. So-called housing starts rose 5.7% in April from the prior month to a seasonally adjusted annual rate of 1.235 million, the Commerce Department said Thursday. Residential building permits, which can signal how […]
Should You Skip the Starter Home and Buy a Forever Home?
If you’re out there shopping for your first home, you might swoon over that four-bedroom Colonial and imagine growing old there—but wait a minute! Sure, you might be jonesing to put down permanent roots, but your bank account and life circumstances might beg to differ. Nonetheless, a trend has emerged, particularly among younger millennial buyers: […]
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