Lumber prices reached a record high of more than $1,700 per thousand board feet in May. On Wednesday, it averaged about $500. Yearley says that has translated to about $40,000 in savings in building a home.

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A pair of new studies revealed that NAR and Harvard University are calling on the government to help ease the inventory crisis. Check out this read ⤵️

Fun Real Estate Fact! To the Facebook community, the social media giant Facebook is creating its own "town" that will include apartments and senior living

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Home prices keep on soaring as robust demand continued to outpace the number of houses in the market. What's ahead for the future housing market? Share your thoughts in the comment section!

Here's how individuals can get their hands on a foreclosed property before large investors. Read on for more info!

Survey says! Millennials and Gen Xers plans to be active luxury home sellers in the next year. Article continues...

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Here's what you need to know about the housing market seasonality. Click the link to see how First American Deputy Chief Economist Odeta Kushi examines home-buying activity tends to follow predictable seasonal patterns.

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Top 10 Hottest Zip Codes in America shows that homebuyers are eager to escape busy urban centers for more affordable, less dense suburbs! Is your zip on this list? Find out ⬇️

More home buyers are using reverse mortgages to purchase their next home. A new study finds that a quarter of 170 new home buyers surveyed wouldn’t have purchased a new home without using a reverse mortgage for financing.

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While demand for new homes remains high, the pace of new construction reflected softening homebuilder confidence as builders grappled with the opportunity to shore up profitability now that lumber prices are declining from recent spikes.

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Home flippers watched buyers parade through open houses as limited inventory and rising prices pushed investors out of the housing market. See more of a housing analyst's point of view ⬇️