HUD Offering $145M to Help Homeless Youths
Up to 50 local or rural communities can apply for money through a competitive funding program that’s designed to help youth “change the trajectory of their lives.”
March Home Prices Soar – Highest Increase Since 2013
S&P Case-Shiller: An army of buyers competing for fewer homes pushed prices up 13.3% in March, for the biggest year-to-year home price gain since December 2013.
Affordable Fla. Homes Scarce – But Especially in SW Florida
Florida Realtors economist: Whatever the price point, buyers have fewer options this year than they did last year. But the affordable home supply suffered the most. The amount of single-family homes with a value of $300K or less declined over 60%.
More Younger Buyers Appreciating Older Homes
Affordability is important, but for some, an older home is like comfort food during pandemic lockdowns. Plus, more buyers now want a home without a great room.
May Consumer Confidence Virtually Unchanged Since April
Americans feel a lot better about their current situation and less excited about the future. However, global consumer confidence indexes soared higher.
April’s New-Home Sales Flatten – Builders Blame Affordability
Rising home prices, material costs and a labor shortage have taken their toll, builders say, and more potential new-home buyers have been priced out of the market.