US Housing Supply Gap Grows in 2023; Growth Outpaces Permits in Fast-Growing Sunbelt Metros

Hannah Jones

Feb 27, 2024

US housing markets continue to struggle with a growing shortage of new homes, the result of more than a decade of under-building relative to population growth.

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Integrated Real Estate Company Legacy Group Capital Closes $20 Million Growth Capital

Bellevue, WA April 2, 2024-- Innovative Real Estate company Legacy Group Capital raises $20 million in growth capital, reaffirming its leadership across core real estate pillars.

Apr 4, 2024

Single-family home construction is booming, despite higher mortgage rates

This is a big week for housing data. We learned Monday that homebuilders are feeling pretty optimistic about the housing market.

Mar 19, 2024

Monthly New Residential Construction

Privately‐owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,518,000. This is 1.9 percent above the revised January rate of 1,489,000 and is 2.4 percent above the February 2023 rate of 1,482,000.

Mar 19, 2024

Nation’s biggest builders are making houses smaller in shift toward affordable housing: Report

Median size of a new home being built in the US today is 4% smaller than it was last year Facebook Twitter Comments Print

Mar 16, 2024

Here's how long it would take to build enough homes to fix the housing crisis

Realtor.com's Hannah Jones spoke to Business Insider about the housing crisis, ways to solve this, and what the housing market may look like in 2024.

Mar 9, 2024

US Housing Supply Gap Grows in 2023; Growth Outpaces Permits in Fast-Growing Sunbelt Metros

US housing markets continue to struggle with a growing shortage of new homes, the result of more than a decade of under-building relative to population growth.

Feb 27, 2024

Why Is Housing Inventory So Low? Understanding the U.S. Housing Shortage

Between 2012 and 2022, America saw 6.5 million more households formed than single-family homes built. And there was hardly a glut of homes at the start of that decade. Talk about a housing shortage.

Feb 27, 2024

Fewer housing permits equate to further inventory, affordability challenges

A drop in permitting activity over the past year could sustain supply and affordability challenges for already strained inventories across the country

Feb 29, 2024

High Mortgage Rates Leave Biden Searching for Housing Relief

The president and his team are seeking ways to help Americans afford to rent and buy homes, as high borrowing costs dampen views of the economy.

Mar 1, 2024

Startups Are Further From Solving The Affordable Housing Shortage

For those of us hoping innovative startups might succeed in solving the affordable housing shortage, recent news has not been reassuring.

Feb 9, 2024

Opinion: Proptech’s big miss

Intransigent capital is the clear answer and the usual suspect

Jan 12, 2024

The US Housing Market In 2023: What To Expect | Seeking Alpha

With volumes about 40% down from their 2022 peak, increasing numbers of families are opting out of homeownership. High prices and high interest rates coupled with tight supply make life tough if you are looking to buy.

Dec 29, 2022

Rising rents were a crisis for tenants. For Starwood, they were a gift. (msn.com)

The title says it all. Businesses that do well when normal people suffer-- is that what we want?

Jan 2, 2023

Rent prices finally hit a wall

Even if rent growth is slowing, do you really want to be a permanent renter? Probably not. You probably want a good path to homeownership but the rates and rules keep changing on you.

Jan 4, 2023

How Gen-Z’s appetite for change can help employers | CFO Dive

Even with all the doom and gloom in housing, homes are still priced very high- too high for millions of families who just need a bit of help to get into homeownership.

Jan 21, 2023

Housing Unaffordable for Half of US Renters | Human Rights Watch (hrw.org)

There you have it. Housing has gotten to the point in the US that half of all renters can't become homeowners.

Dec 14, 2022

Purchase sentiment is up but affordability remains a challenge (housingwire.com)

The smart folks at @HousingWire got it right- affordability indeed remains a challenge. The income required to buy the same house has doubled over the past two years, pushing more families out of homeownership.

Jan 10, 2023

Millennial First-Time Homebuyers Are Older, Struggling to Buy Houses (businessinsider.com)

The title says it all. First-time homebuyers are caught in a vise. Or in coarser terms, they are "screwed."

Jan 22, 2023

Shared Equity: A required intervention for home affordability

Over the past few years, an inventory shortage, coupled with high housing demand, has fueled rising home prices.

Feb 15, 2023

The housing market has frozen over. Here's why experts say home affordability isn't getting better any time soon.

Statistics and data can cut many ways. On the one hand, we understand that affordability is a major issue in the market (that's why we built @RookCapital)

May 13, 2023

Homebuilder confidence warming up

Economists and Pundits always opine. In Housing, the exchange of rigid opinions is common.

May 17, 2023