Housing Prices Hit New Record High Nationally

Housing Prices Hit New Record High Nationally

Here is an interesting WSJ article detailing that home prices have hit a new record high nationally. Despite higher mortgage rates, limited home supply is driving prices up. The trend is evident in the Minneapolis-St. Paul metro area as well. Recent data from...
Renters Are Staying in Place Longer Than a Decade Ago

Renters Are Staying in Place Longer Than a Decade Ago

An article from Builder Online highlights that renters are staying in place longer than a decade ago and market conditions support these communities, as longer renter tenure leads to stable cash flows and reduced turnover costs. With strong rental demand and...
Resilient Demand and Limited Supply Fuel Builder Optimism for 2024

Resilient Demand and Limited Supply Fuel Builder Optimism for 2024

High interest rates slowing down the real estate market? Don’t tell the publicly traded home builders! Builders across the board posted strong results for Q1 2024 and shared optimistic comments in earnings calls about resilient demand and shortages leading to strong...