Build-for-Rent Market Growth: An Opportunity

Build-for-Rent Market Growth: An Opportunity

Headlines from the recent CalculatedRisk Newsletter indicate Census Bureau data reflects Single Family Build-for-Rent Starts are up 20% Y-O-Y in Q1 2024. The Build-for-Rent (BFR) space is quickly becoming a material % of the overall housing inventory landscape,...
The Path Forward: Investing in New Homes

The Path Forward: Investing in New Homes

Most discussions on the current housing landscape revolve around affordability. A decade of underbuilding, and more recently, higher rates locking in existing homeowners, has caused a rapid deterioration in affordability for single-family housing. Our development...
Rising Listings Spark Market Activity in the Twin Cities

Rising Listings Spark Market Activity in the Twin Cities

We are definitely seeing an increase in listings in our Twin Cities marketplace. The builders I speak to have mixed reactions. Some view the increased competition for their spec and model homes negatively. However, the upside is that the entire market level is rising....
How Mortgage Rates Shape the U.S. Housing Market Landscape

How Mortgage Rates Shape the U.S. Housing Market Landscape

Understanding the mortgage rate at which current homeowners purchased their homes is crucial to understanding the current housing market dynamics in the U.S. ResiClub published an interesting way of viewing this data in the chart below, which shows the effective...