Remodeling Market Sentiment Improves in Q3
U.S. remodelers remain optimistic as the market stays positive, though growth is moderating amid high costs and cautious customer demand.
U.S. remodelers remain optimistic as the market stays positive, though growth is moderating amid high costs and cautious customer demand.
A new survey found 82% of Americans use AI like ChatGPT and Gemini for housing insights, but agents remain the most trusted information source.
Fed minutes show most officials backed a September rate cut, noting rising unemployment risks and easing inflation, a move that could gradually lower mortgage rates.
Rates on 30-year mortgages slipped to 6.3% from 6.34% last week, while rates on 15-year mortgages dropped to 5.53% from 5.55% last week.
Ranch homes are rising in popularity, up 44.7% in six years, as buyers seek single-level layouts, modern updates and enduring resale value.